Analysis

In-Depth Analysis

Smart, independent reporting on Turkey's politics, economy and foreign affairs.

FX-PROTECTED DEPOSIT SCHEME ENDS
Economy and Finance Aug 27, 2026

FX-PROTECTED DEPOSIT SCHEME ENDS

The Foreign Exchange-Protected Deposit scheme, known as KKM, has come to a complete end after total balances in the accounts dropped to zero, according to weekly data from the Banking Regulation and Supervision Agency (BDDK).

Editorial Staff 1 min
SDF DIGS IN ALONG BORDERLINES
Security and Defense May 29, 2026

SDF DIGS IN ALONG BORDERLINES

Following the suspension of the Paris talks by the Damascus government, the SDF, which advocates decentralized government in Syria, increased its activity in Raqqa, Aleppo, Deir ez-Zor, and along the Turkish border after holding a conference in Hasakah with prominent Druze and Alawite figures, Turkish state-owned Anadolu News Agency reported on Sept. 5.

Editorial Team
ANKARA LEADS IN CREDIT DEBT, KARAMAN TOPS IN UNPAID LOANS
Economy and Finance Nov 7, 2025

ANKARA LEADS IN CREDIT DEBT, KARAMAN TOPS IN UNPAID LOANS

Turkey’s Banking Regulation and Supervision Agency (BDDK) released new data covering the first nine months of 2025, revealing the country’s debt landscape by province. The capital, Ankara, recorded the highest total credit debt, while the central Anatolian province of Karaman had the largest share of citizens unable to repay their loans and facing collection proceedings.

Editorial Team
MOON MISSION POSTPONED TO 2027
Security and Defense Sep 5, 2025

MOON MISSION POSTPONED TO 2027

Turkey has postponed its moon landing project, which it had aimed to carry out in 2023 to mark the 100th anniversary of the Republic but later delayed to 2026, this time to 2027. The government established the Turkish Space Agency in 2018 to coordinate space activities.

Editorial Team
TURKEY HAS A DIPLOMAT WHO DOES NOT SHAKE HANDS WITH WOMEN
Deciphering Turkish Diplomacy Nov 15, 2024

TURKEY HAS A DIPLOMAT WHO DOES NOT SHAKE HANDS WITH WOMEN

When Hakan Fidan addressed the 14th conference of the ambassadors in August 2023, two months after he was appointed as foreign minister, the message was clear to those present in the hall.  Having led the Turkish Intelligence Agency for 13 years, it became clear from Fidan’s address that foreign policy would be shaped and implemented from a security perspective. While this might not present an abnormality as the world is becoming highly insecure, Fidan took office at a time when Turkey was seeking to normalize its relations with many of its neighbors.

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