Analysis

In-Depth Analysis

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

ALIYEV DOUBLES DOWN AS ANKARA REMAINS OVERLY CONCILIATORY
Deciphering Turkish Diplomacy Oct 30, 2026

ALIYEV DOUBLES DOWN AS ANKARA REMAINS OVERLY CONCILIATORY

Azerbaijan’s President Ilham Aliyev, declined President Recep Tayyip Erdoğan’s invitation to attend the summit of the Organization of Turkic States, scheduled for the day after Turkey’s Republic Day, marking one of the biggest crises in the two countries' close relationship. Despite Ankara’s visible steps to defuse the recent tension, his refusal to come on a date carrying symbolic importance for Turkey attests to the changing dynamics in the relationship since the military victory over Nagorno-Karabakh in 2020.

Barçın Yinanç 5 min
FUND SCANDAL STALLS OVER SECRET LIST OF WINNERS
Deep Dive Oct 22, 2026

FUND SCANDAL STALLS OVER SECRET LIST OF WINNERS

The crisis in Turkey’s Ponzi-style fund industry is heading for deadlock as the government refuses to disclose the 141 people and 73 companies that each made more than 100 million liras in unjust gains despite opposition demands for transparency.

Editorial Staff 20 min
FUND SCANDAL PAYOUTS BEGIN AS MSCI FREEZE DEEPENS MARKET TURMOIL
Economy and Finance Oct 15, 2026

FUND SCANDAL PAYOUTS BEGIN AS MSCI FREEZE DEEPENS MARKET TURMOIL

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.

Tugrul Çam 6 min