Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
Three retired Turkish diplomats have publicly voiced their support for Armenian Prime Minister Nikol Pashinyan ahead of the country's parliamentary elections scheduled for early June, following a joint visit to Yerevan.
With inflation at 30.89% annually and 0.89% month‑on‑month in December, according to the Turkish Statistical Institute (TurkStat), the latest pension adjustments have ignited discontent among retirees. Most retired workers and tradespeople will receive only a 12.19% increase, while public servant retirees are slated for an 18.60% rise.
In Turkish, emekli / retired is supposed to be a word of closure. It comes from emek: labor, effort, the long arc of work, and implies that something has been duly completed. You have labored; therefore, you may withdraw.
Chief of General Staff General Metin Gürak has been retired, and Land Forces Commander General Selçuk Bayraktaroğlu appointed as his replacement. The surprise decision was taken at the regular meeting of the Supreme Military Council chaired by President Recep Tayyip Erdoğan.
In the most dramatic leadership overhaul at the armed forces pension fund since the 2016 coup attempt, retired Lt. Gen. Zekai Aksakallı—a key figure in thwarting the coup—has been named chairman of the giant fund.
In the most dramatic leadership overhaul at OYAK since the 2016 coup attempt, retired Lt. Gen. Zekai Aksakallı—once a key figure in thwarting the coup—has been named chairman of the Turkish Armed Forces' influential pension fund and commercial powerhouse. OYAK announced the surprise changes just two months after its general assembly on May 17.