Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
Journalists will take to the streets on Oct. 24 to urge the government to end the detentions, arrests, blockages, access bans and all kinds of pressure on media members as the crackdown escalated after the liquidation of investment funds.
The Central Bank cut its benchmark policy rate by 100 basis points to 36% on Oct. 22, its first monetary easing since January, in line with market expectations.
Authorities have ordered an access ban on the X accounts of the left-wing TİP headquarters and its Istanbul branch, the party said on Oct. 14, following thousands of similar bans on the accounts of academics, journalists, websites and associations.
The central bank’s reliance on foreign exchange swaps has dropped sharply, marking a structural improvement in the quality of the bank’s international reserves.
Statements attributed to Central Bank Governor Fatih Karahan during IMF and World Bank meetings in Bangkok sparked debate over foreign exchange policy, prompting a direct denial from a top market economist who attended the session.
SSB warned media not to create open-source intelligence, defense companies banned imported electric vehicles entering the campuses.
For the first time in nearly five years, Turkey’s annual inflation rate slipped below 30%, giving the central bank room to consider easing monetary policy at its meeting on Oct. 22.
Access to T24, one of Turkey's oldest and biggest independent news websites, was blocked along with thousands of critical X accounts, including that of Turkey in Depth.
Fatma Betül Sayan Kaya is a politician who has figured prominently in the latest investment fund scandal. She and her husband made staggering sums from funds in a very short time.
Garanti BBVA, the high-street bank majority-owned by Spain’s BBVA, has agreed to pay a fine of 1.55 billion liras ($31.8 million) after settling an antitrust investigation into labor market practices, the lender disclosed on the Public Disclosure Platform (KAP).
After years of demonizing rhetoric against LGBTQ+ people, Turkish authorities launched a nationwide operation named 'My Family Is Safe,' detaining hundreds of people from civil society. The crackdown continued with arrests and access bans targeting dissidents, media outlets and civil society organizations' X accounts, widening to include broader opposition voices who spoke out against the operations. The main charge in the investigation was 'obscenity.'
A Turkish court has imposed a blackout on news reports concerning a lucrative deal involving the husband of controversial Aydın Mayor Özlem Çerçioğlu, citing 'national security and public order.'