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.
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).
The contracts of construction firms abroad fell by more than half in the first six months of 2026.
The passenger car and light commercial vehicle market shrank by 10.72% in the first seven months of 2026.
Hakan Aran, the CEO of Turkey's largest private bank, İşBank, has warned that small and medium-sized enterprises (SMEs) face severe difficulties accessing credit, predicting a highly strained second half for 2026.
As Turkey prepares to host a NATO summit for the first time in 22 years attention is heavily focused on the NSDIF26.
Millions of retirees in Turkey are waiting for official inflation data due on July 3 to learn how much their pensions could increase in the second half of the year. TurkStat will announce June inflation figures on July 3, revealing the inflation rate for the first six months of 2026. The data will determine the basis for pension adjustments. The parliament previously set the minimum pension for workers and self-employed retirees at 20,000 Turkish lira ($434) as of Jan. 1, 2026. Any increase to that minimum pension level will require a new legal regulation.
The government program against soaring prices faced a significant setback when new data revealed that inflation is already on the verge of exceeding year-end targets in the first four months of 2026.
Drone factories will be established in all 81 provinces with the revenue generated from SAHA 2026.
Head of the Defense Industries Presidency (SSB) Haluk Görgün refrained from announcing a total export target for the defense industry, instead outlining project-based goals for 2026.
MHP Chair Devlet Bahçeli said there was no problem with the rally calling for the release of Abdullah Öcalan to be held by the DEM Party in Diyarbakır on Jan. 4, 2026.
The Defense Ministry’s budget, 623.9 billion lira in 2025, is set to increase 31.9% to 822.9 billion lira in 2026, according to figures released during parliamentary budget talks Nov. 26. This allocation does not cover Turkey’s latest procurement of Eurofighters.