Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
For nearly half a million retail investors caught in Turkey’s worst financial storm in years, compensation has finally begun to flow. But the first cash distributions came as the fallout spread beyond Turkey’s borders: global index provider MSCI froze index changes for Turkish equities on Oct. 15 and warned of a possible downgrade, while prosecutors broadened their probes and lawmakers scrambled to pass emergency legislation.
The ruling party has rapidly rolled out compensation for some victims of the stock market scandal that is rocking the government, and cut ties with one former minister, while the main opposition Yeni Party links two sitting ministers to the affair.
The last hearing in the second session of the Istanbul Municipality case regarding corruption accusations closed before 6 p.m. for the first time on Sept. 17, after weeks of hearings that had stretched late into the night.
Turkey’s top appeal court, the Court of Cassation, has elected a new Presidential Council, and the results deal a sharp blow to the court's top leadership.
Foreign Minister Hakan Fidan welcomed the dissolution of the Syrian Democratic Forces (SDF), expressing satisfaction while emphasizing the need to verify implementation on the ground.
The indictment against President Recep Tayyip Erdoğan’s chief rival, Ekrem İmamoğlu, not only accuses the jailed Istanbul mayor of corruption, but also targets the CHP, laying bare the political nature of the case. The charge sheet alleges that the CHP is being taken over by a criminal organization and on that basis prosecutors also notified the Court of Cassation that there may be grounds to close the main opposition party.
Turkish President Recep Tayyip Erdoğan paid a one-day official visit to Italy on April 29. He was received in Rome with pomp by his counterpart Sergio Matarella as well as Prime Minister Georgia Meloni. This was a visit of niceties on each side. To Erdoğan’s satisfaction, the Italians did not raise any political issues, especially those pertaining to his iron fist authoritarian rule and Istanbul Mayor Ekrem İmamoglu’s arrest.
Two Turkish courts have handed down prison sentences to four journalists who were facing the same accusation of 'spreading information misleading to the public,' under Article 217/A of the penal code.
In a rare diplomatic spat in the local language, the Russian and French diplomatic missions in Ankara traded barbs on social media over the ongoing war in Ukraine amid the war’s anniversary. The dispute, which drew attention from Turkish users, shifted from geopolitical accusations to historical insults and the use of emojis.
On Feb. 23, four separate courts in Istanbul and Ankara heard cases involving the CHP congress, corruption claims by businessperson and confessor Aziz İhsan Aktaş, accusations about its provincial chair, and the trial of a party bus driver.
There are mornings when you wake up and discover someone has quietly replaced your streaming subscriptions with a box of VHS tapes. The picture is grainy, the dialogue familiar, the plot depressingly simple: detention, indictment, polarisation, and non-functioning courts. Welcome back to the future, 1990s Turkey in the 21st century.
The government and the Ankara Municipality are trading accusations over responsibility for water cuts in the capital after one of the driest years on record.