Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
Who is back? Ümit Kocasakal. He won the election for president of the Istanbul Bar Association on Oct. 25, returning to the post he held from 2010 to 2016. And which slogan did he bring back with him? “We are the soldiers of Mustafa Kemal.” He and his supporters chanted it together after his victory.
The Central Bank cut its benchmark policy rate by 100 basis points to 36% on Oct. 22, its first monetary easing since January, in line with market expectations.
Turkey’s automotive sector is fighting a rearguard battle in Brussels after France and Germany agreed on Oct. 16 to a “Made in Europe” definition that includes the UK and Norway but leaves Turkey out.
Istanbul Mayor Ekrem İmamoğlu completed his four-day defense in the second session of his trial, directly targeting President Recep Tayyip Erdoğan in testimony after more than 600 days behind bars.
Foreign direct investment (FDI) inflows fell 35% year-over-year in the first eight months of 2026 to $6.8 billion from $10.5 billion recorded during the same period in 2025, according to data released by the International Investors Association (YASED).
MHP Chair Devlet Bahçeli brought together Sedat Şahin and Burhanettin Saral at the party's Ankara headquarters on Sept. 26, ending a feud of more than 20 years.
Ali Şekeroğlu, 60, took his own life outside the Constitutional Court while demanding a pay raise for retirees on Sept. 25. Şekeroğlu died by suicide with his own weapon.
The main Istanbul Municipality corruption trial completed its 87th day on Sept. 24. The court heard nine more defendants, leaving 63 of 325 still to testify, as the presiding judge aims to complete the second session by the end of September.
After the summer break, the parliament opens its new legislative year on Oct. 1 and the General Assembly will convene on Oct. 6 to discuss a nine-article bill on the Turkish Red Crescent.
The last hearing in the second session of the Istanbul Municipality case regarding corruption accusations closed before 6 p.m. for the first time on Sept. 17, after weeks of hearings that had stretched late into the night.
The government will discontinue its 'sliding scale' fuel tax offset mechanism at the end of 2026, shifting focus toward boosting budget revenues ahead of potential elections in 2027 or early 2028.
Ahmet and Hülya Gökçek, the son and daughter-in-law of former Ankara Mayor Melih Gökçek, were questioned as suspects on Sept. 7 and released under judicial control with a ban on leaving Turkey.