F-35 RETURN COULD COME AT KAAN'S EXPENSE
While Trump signals to lift the arms embargo on Turkey, experts are discussing whether it will come at the expense of the Kaan project.
Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
While Trump signals to lift the arms embargo on Turkey, experts are discussing whether it will come at the expense of the Kaan project.
Turkey is weighing the most radical overhaul of its wage-setting system in decades — and experts say it could unleash chaos.
“Turkish President Recep Tayyip Erdoğan will have several bilateral meetings in the margins of the NATO summit; yet all of them will be very short. His longest meeting will be with Antonio Costa and Ursula Von Der Leyen,” a Turkish diplomat told a European expert at a side event that took place in Ankara.
Most market participants expect the central bank to keep the policy rate unchanged at 37% when it meets on July 23, but pressure is building for a cut and some experts are calling for a wholesale shift in monetary policy.
“The plot of the terror act is amateurish, the implementation is professional,” a terrorism expert told me about the attack that took place in Istanbul on April 7.
Turkey’s once-mighty dams are losing their power — literally. Electricity generation from the country’s largest hydro plants has fallen by a quarter in the past three decades, a drop experts link to worsening drought and years of poor planning.
When a European expert based in Bulgaria received an invitation to a conference in Tbilisi, he decided to take the maritime route, boarding the ferry from Burgaz to Batumi. At one stage of the 64-hour crossing, while sailing in the open sea, the ferry shut its transponder and turned off its lights. A Russian fuel tanker approached and docked with the ferry to provide fuel to the ship, which is mainly used by trucks. The expert later found out that Russia sold the fuel 30 to 40 percent less than the market price. The captain of the ferry confessed he had all the official documents proving that the fuel was purchased from Romania.
The corruption probe into Istanbul and other CHP-run municipalities has taken a new turn, extending beyond politicians, lawyers, mobsters, and journalists to include a hitman. The alleged hitman is said to have acted on the instructions of Selahattin Yılmaz, a figure backed by MHP Chair Devlet Bahçeli. The latest detentions targeted several lawyers and legal experts, whose ultra-luxurious offices and lavish lifestyles raised questions, with images suggesting close links to the government.
After the Middle East, Russia is losing its standing in the Caucasus, reads the headline of the article penned by a prominent Turkish journalist who is an expert on Russian issues. The article is referring to press reports that Armenia and Azerbaijan are close to an agreement on the Zangezur corridor which will also facilitate the signing of a permanent peace agreement between the two neighbors.
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When Syria’s new foreign minister chose to go to Saudi Arabia and Qatar for his first international visits before coming to Turkey, the main opposition party criticized the government, asking why Asaad al-Shaibani did not choose to reciprocate the visits of the Turkish foreign minister who went to Damascus two weeks after the fall of the Assad regime. For experts, this was only natural since Syria is first and foremost an Arab country and prioritizing relations with Turkey would have caused irritation among Arab capitals. In addition, while Turkey is struggling with its own economic hardships, Syria’s new rulers need Gulf money to get the country on its feet.
Azerbaijan has lost an important opportunity to promote its image on the international stage by delaying a peace deal with Armenia ahead of the COP29 summit in Baku. While experts familiar with the negotiations believe important progress has been made, Baku’s request for changes to the Armenian constitution has become a new obstacle before a final deal.