Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
Joel Lion, an ultra-Orthodox rabbi and close associate of Foreign Minister Gideon Sa'ar, presented his credentials in Ankara on Sept. 9 and left the same day after attending a US Independence Day reception.
The number of electric vehicle charging sockets across Turkey exceeded 45,000 in June, according to data released by the Energy Market Regulatory Authority (EPDK).
More than 200 people were detained in police raids ahead of the upcoming NATO summit scheduled for July 7-8 in Ankara. Following the sweeping operations launched by the Ankara police on June 23, courts have already ordered the formal arrest of 103 individuals out of 129 referred to the judiciary.
Halkbank, the state lender and fourth-largest bank in Turkey by assets, announced that a nine-year-old US criminal case against the bank is getting closer to a complete end. The bank and the US Attorney’s Office for the Southern District of New York submitted a joint plea to the court on June 10, 2026, requesting the dismissal of all charges.
The central bank kept its benchmark policy rate unchanged at 37% for the third consecutive meeting on June 11, matching the consensus forecast of economists. The Monetary Policy Committee also held its overnight lending rate at 40% and its borrowing rate at 35.5%. The central bank last altered its policy rate in January with a 100-basis-point cut.
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.
Nikol Pashinyan’s election victory on June 7, his third in a row since 2018, confirmed the strong desire of the Armenian people to live in peace and prosperity in a functioning democracy as part of the Western World.
After the toppling of Nicolás Maduro by the United States, Delcy Rodríguez, who was installed as Venezuela’s interim president, paid her fourth abroad visit to Turkey on June 8.
President Recep Tayyip Erdoğan is set to inaugurate Ankara's newly overhauled Etimesgut airfield on June 15, just weeks before the NATO Leaders Summit. But whether Air Force One can use it — particularly for takeoff — may depend on which way US President Donald Trump is headed.
In the latest episode of a legal battle between the central government and the opposition-led Istanbul municipality, a Turkish appeals court on June 4 temporarily blocked the transfer of the historic Basilica Cistern, a major tourist attraction of Istanbul, from the municipality to the Directorate General of Foundations.
As Armenia heads toward the pivotal June 7 elections — widely seen as critical for the continuity of Prime Minister Nikol Pashinyan’s peace agenda — Turkey has accelerated the normalization process, while Russia has intensified pressure on Yerevan through sanctions.
Reha Muhtar, who died June 3 at the age of 66, was a television phenomenon of the 1990s — he swept through that decade like a force of nature.