Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
On Jan. 20, 1921, as the War of Independence was still being fought, the Grand National Assembly adopted a Constitution whose first article began: Sovereignty belongs unconditionally to the nation (Hâkimiyet bilâ kaydü şart milletindir). On Oct. 29, 1923, the assembly added another sentence to that same article: The form of government of the Turkish state is the Republic (Türkiye Devletinin şekl-i hükûmeti Cumhuriyettir).
Azerbaijan has welcomed the United Arab Emirates’ candidate for UN secretary-general just as Ankara prepares to put forward its own. Then, President Ilham Aliyev decided to skip the Organization of Turkic States summit in Ankara on Oct. 30.
The first bilateral visit by a Canadian prime minister yields deals on defense, energy and air transport as Ottawa seeks to reduce its reliance on the US and makes a sharp U-turn toward finding alternative partners.
Fresh waves of judicial probes and detentions targeting opposition-led municipalities across Turkey are reshaping the country's local political landscape.
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.
SSB warned media not to create open-source intelligence, defense companies banned imported electric vehicles entering the campuses.
A Turkish-owned commercial cargo ship sank in the Black Sea following an Unmanned Aerial Vehicle (UAV) attack, killing all 10 crew members on board, BBC Turkish reported.
Electronics and home appliances exporter Vestel Elektronik faces growing financial pressure as Moody’s cut its long-term rating and warned of a very high risk of default.
Turkish exporters face market loss and price disruption as China redirects $350 billion in production away from the US toward markets where Turkish goods are sold, business leaders warned.
Nasreddin Hoca, the wise and witty Turkish folk hero, once arrived at a dinner in his ordinary clothes and discovered that nobody thought him worth much attention. He went home, put on his finest fur coat and returned. This time he was welcomed warmly, seated at the table and offered the best food. So Hoca began dipping the sleeve of his coat into the dishes.
For over a week, a single issue was on Turkey’s agenda: What happened to the money in the funds? Finance Minister Mehmet Şimşek, who had stayed silent on the crisis since it began and faced growing speculation that he would be fired, broke his silence on Sept. 24 to deny that he was leaving.
In contrast to President Recep Tayyip Erdoğan’s declaration that the EU is not a priority for Turkey, new trade and industry measures that are taking shape within the 27-member bloc remain an urgent matter for large sections of the economy.