GOVERNMENT PREPARES REGULATORY OVERHAUL
The government is preparing comprehensive reforms across its financial regulatory bodies following the massive investment fund crisis that shook domestic markets.
Analysis
In-Depth Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
FRENCH EGIS NOW EYES BOSPHORUS BRIDGES
Foreign and domestic infrastructure companies are showing interest in the upcoming highway and Bosphorus bridge privatizations. French operator Egis is reportedly emerging as a leading contender for the 30-year operating rights.
EARLY INVESTORS PREPARE TO EXIT TOGG
Conglomerates Vestel Elektronik and Anadolu Group are in advanced negotiations to sell their stakes in Turkey’s first domestic electric vehicle manufacturer TOGG.
TREASURY PAYS RECORD RATES IN BACK-TO-BACK BOND AUCTIONS
Turkey has become the world's most expensive borrower in local currency, agreeing to pay interest rates exceeding 41% during back-to-back domestic bond auctions this week.
ANKARA AWAITS POST-NATO POLITICAL STORM
Turkey's political agenda is expected to pivot sharply from diplomacy to domestic maneuvering as post-NATO scenarios dominate the discussion from July 9 onward. The conclusion of the NATO Ankara Summit, widely seen as an international success for Turkey and President Recep Tayyip Erdoğan personally, has triggered intense political speculation amid increasing pressure on dissidents.
TURKEY'S MARKET REGULATOR MOVES TO CURB HEDGE FUND MANIPULATION AS INDEX GIANT SETS DEADLINE
Turkey's Capital Markets Board (SPK) is tightening its grip on investment funds and the stock market under new chair Mahmut Sütcü in response to domestic and international calls for a clampdown on manipulation.
TENSE OATH CEREMONY SIGNALS SHARPER POLITICAL ERA IN ANKARA
President Recep Tayyip Erdoğıan’s decision to appoint Akın Gürlek, a bogeyman for the main opposition CHP, as justice minister is the clear indication of a more bruising domestic politics ahead. The first sign of that came during the oath ceremony in Parliament. For the first time, a minister took the oath of office amid scuffles that escalated into pushing and shoving. AKP lawmakers formed what opposition deputies described as a “human wall” to shield the podium.
CASH FLOW BECOMES PRIORITY IN SHIPBUILDING
Turkey is considering generating cash flow by exporting newly built naval platforms originally designed to meet domestic requirements. The first of 10 light corvette-class vessels planned for the Turkish Navy, the TCG Akhisar (P-1220), was sold straight to Romania without entering the Turkish inventory after its completion in December 2025. Ankara is now in talks to sell two newly built I-class (Istanbul/İstif-class) frigates to Indonesia.
PEACE PROCESS PUSHED BACK AFTER İMRALI TALKS
As domestic political tensions remain high following a parliamentary visit to PKK leader Abdullah Öcalan on İmralı Island on Nov. 24, the National Solidarity, Brotherhood and Democracy Commission has again delayed its meeting. The commission will now convene for its 19th session on Dec. 4, ten days after the visit.
MERZ: A CHANCELLOR IN SEARCH OF STABILITY
Friedrich Merz’s visit to Ankara marks a new phase in German-Turkish relations — the trip served domestic power dynamics in Berlin in political terms rather than through concrete agreements. The chancellor did not come because Turkey has fundamentally changed, but because Germany finds itself in deep economic and political uncertainty. By Ozan Demircan
ALARM BELLS RING FOR TURKISH DRAMAS
The television drama industry is facing an unprecedented crisis as soaring inflation and domestic regulatory pressures threaten its global standing, alongside suppressive measures, including the detention of manager Ayşe Barım and the ongoing detentions in a drug and prostitution case that has labeled many figures from the sector.
RAKI AND DIPLOMACY OF WHO “WE” ARE
When basketball player Alperen Şengün told an international audience that “rakı is our national drink,” he walked straight into a long domestic war over who is allowed to say “we” in Turkey. The outrage from certain commentators, demanding that the 23-year-old Houston Rockets center be punished for “promoting alcohol,” was predictable, not because of rakı itself, but because symbolic ownership of the drink has become a proxy for symbolic ownership of the nation.