FUND CRISIS HITS MARKETS
The Borsa Istanbul’s benchmark BIST 100 index entered a technical bear market at the end of September, marking its worst monthly performance since the 2008 global financial crisis.
Analysis
In-Depth Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
TRİP YAPMAK
With TRIPP, the Trump Route for International Peace and Prosperity, dominating global headlines, it feels only right to turn our gaze to its Turkish near-homonym: trip atmak or trip yapmak. No, this is not another geopolitical acronym. In Turkish slang, trip is a native borrowing of English, stripped of tourist connotations and recast to mean sulky attitude. (Do watch the TikTok video for a full explanation) You can atmak (“throw”) a trip, a sudden sulk, or yapmak (“make”) one, meaning a longer, more orchestrated performance with a few dismissive or harsh words thrown in. Both have elbowed aside the more traditional surat asmak (“to pout”).
THE TRUMAN SHOW IN THE EASTERN MEDITERRANEAN: CYPRUS AND PERFORMANCE OF NORMALITY
If Cyprus were a film, it would probably be The Truman Show. Not because anything dramatic is happening, quite the opposite. The genius of The Truman Show is that nothing seems to be happening at all.
COMEDIAN ARRESTED
Comedian Egemen Şimşek was arrested on charges of insulting religious values held by a segment of the public.Istanbul’s Küçükçekmece Chief Public Prosecutor's Office launched an investigation into Şimşek over jokes about Moses and Jesus in his stand-up performance titled “Contrary Thoughts.”
BAYKAR’S TB2T-AI UCAV BREAKS 40,000-FOOT ALTITUDE RECORD
Baykar Aviation announced that its new-generation Bayraktar TB2T-AI unmanned combat aerial vehicle (UCAV), equipped with a turbo engine and artificial intelligence, reached an altitude of 40,023 feet (12,200 m) during a performance test on Aug. 23. The milestone marked a new altitude record in its class.
EDUCATING YUSUF
Hats off to Yusuf Tekin, Turkey’s controversial education minister, for cramming all of Turkey’s thorny subjects into a single speech and creating a debate that drew in political party leaders, actresses, and laymen. It was a performance to steal the limelight from Trump, let alone Erdoğan himself. The Erzurum-born minister, who launched a controversial new curriculum last year, traveled from Baku to Batman, where he presents his education strategy to a large audience. On Nov. 17, he attended COP29 in Baku, where he explained how environmental awareness was now part of the Turkish education system. His critics would say he referred to the controversial project called CEDES, an acronym for “I protect my environment and claim my values.” The project does have an environmental focus, but it also has a “religious values” component under which local imams and preachers are assigned to each school in the project to provide spiritual guidance for students.