Turkey secures $2.8B green financing for Azerbaijan railway: What to know The 223-kilometer railway will connect to the existing train route that joins Turkey’s northeastern city of Kars and the Georgian and Azerbaijani capitals of Tbilisi and Baku. Turkey
Why Turkey plans to end its 52-year oil pipeline deal with Iraq The Turkish decree stipulated that the 1973 Turkey-Iraq Crude Oil Pipeline Agreement — along with all amendments to the deal — would be terminated effective July 27, 2026. Turkey
Turkey closes livestock markets amid foot-and-mouth disease outbreak: What to know The Agriculture Ministry has closed all livestock markets to prevent spread of the disease while vaccination efforts are underway. Turkey
Analysis With over 85% imported, Turkey braces for energy ripples of Iran-Israel war Rising oil prices threaten Turkey’s fragile economy amid escalating regional tensions, while energy supply risks grow. By Ezgi Akin In Ankara, reporting on diplomacy, EU-Turkey ties, NATO
Analysis Can Turkey's Hurjet deal with Spain propel it into NATO’s defense market? By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
New German government to decide on Eurofighter sale to Turkey: Officials Germany’s outgoing government will leave the Eurofighter sale decision to incoming Chancellor Friedrich Merz, official German sources suggested to Al-Monitor. Turkey
Turkey’s Simsek tours US for IMF, WB summits, Treasury Secretary meeting Turkey’s finance czar is starting his trip in New York before heading to Washington for talks on economic cooperation and global financial issues. Turkey
Turkey hikes interest rate to 46% amid turmoil over Imamoglu’s arrest The rate hike marks the first since March 2024, amid growing economic turmoil following the arrest of Istanbul Mayor Ekrem Imamoglu. Turkey
Turkey's budget deficit narrows to $6.8B in March as lira fluctuates The data was released as Turkey has been facing economic turmoil and currency volatility. Turkey
Turkey's Simsek says economy will ride out Trump tariffs without lasting scars Mehmet Simsek stressed that his government’s economic program has made the economy more resilient against internal and external shocks, highlighting that inflation has fallen and continues to drop. Turkey
Top US senator: No F-35 jets for Turkey until Russia's S-400 missiles 'gone' Republican Sen. Jim Risch made the statement during the nomination hearing for Tom Barrack to be the next US ambassador to Turkey. Barrack emphasized Ankara's strategic role in countering Iran in the region and promoting stability in Syria. Turkey
Turkey's opposition elects acting mayor as Imamoglu remains detained, protests persist The Turkish president accuses opposition of sabotaging the economy amid ongoing detentions against protestors over the arrest of the Istanbul mayor. Turkey
Imamoglu's arrest triggers emergency market measures as Turkey stocks plunge The Turkish lira and equities have fallen sharply since the arrest last week of Istanbul Mayor Ekrem Imamoglu — a key rival to President Recep Tayyip Erdogan — on corruption charges, which he denies. Turkey
Inflation in Turkey dips under 40%, lowest in nearly 2 years Finance Minister Mehmet Simsek said he expected the decline in inflation to continue due to Turkish monetary policies. Turkey
Buoyed by drones, NATO deals, Turkey defense exports hit record $7.1B The total value of defense exports surpassed Ankara's $6.5 billion target, with significant deals with European countries. Turkey
Analysis 2024 turnaround: Assad fall grants Turkey’s Erdogan electoral rebound Despite facing a historic defeat in local elections, Erdogan’s foreign policy wins, including Turkish-backed rebels’ victory in Syria, appear to have bolstered his domestic support. By Ezgi Akin In Ankara, reporting on diplomacy, EU-Turkey ties, NATO
Turkey’s Central Bank lowers interest rates for the first time in nearly 2 years The decision to cut interest rates follows 18 months of monetary tightening and comes amid ongoing efforts to stabilize the country’s runaway inflation. Turkey
