Turkey’s Fidan to visit Egypt with Libya, Gaza on agenda The top Turkish diplomat’s Cairo visit comes as Ankara-Cairo engagement deepens amid shifting power balances in North Africa and shared concerns over Gaza. Turkey
Turkey’s inflation falls to four-year low of 33.5%: What to know Treasury and Finance Minister Mehmet Simsek said on X that annual inflation had fallen to its lowest level in 44 months. Turkey
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
Analysis With over 85% imported, Turkey braces for energy ripples of Iran-Israel war By Ezgi Akin In Ankara, reporting on diplomacy, EU-Turkey ties, NATO
Erdogan’s staunchest backers 'tired' of interest rate debate The Turkish president’s controversial economic policies have led to rare public criticism by a business group that has long backed his party. Turkey
Turkish inflation passes 83% as Erdogan eyes further rate cuts Despite a galloping inflation topping 83%, Turkish President Recep Tayyip Erdogan has doubled down on his controversial monetary policy, urging the central bank to cut its policy rate to single digits by the year-end. Turkey
Erdogan initiates economic gestures ahead of Turkey's critical elections Turkey’s president has stepped up economic pledges to the electorate ahead of next year’s polls, which loom as the toughest test of his two-decade rule. Turkey
Halt of Mir use deals blow to rising Putin-Erdogan cooperation The specter of Western sanctions could curb other economic activities between Turkey and Russia as the surging bilateral trade comes under growing scrutiny. Turkey
Erdogan looks to Putin to ease foreign currency woes An extraordinary uptick in capital flows of unknown origin to Turkey has left many wondering whether Russian money could be involved. Turkey
Despite ‘crypto winter,’ digital currency use remains high in Turkey Crypto is down, but not out for dedicated traders, particularly in high inflation markets like Turkey, where digital tokens continue to draw users looking to earn, save and transfer hard currencies. Turkey
Turkey’s inflation tops 80% as poverty deepens Even though Turkey’s economy continued to expand in the second quarter, the share of payments to employees dropped to the lowest level since Erdogan’s party came to power two decades ago. Turkey
Turkey’s 'covert' interest payments on course to exceed regular ones The cost of state safeguards in a deposit scheme meant to curb dollarization in Turkey has ballooned to alarming levels as the Turkish lira continues to tumble. Turkey
Analysis Turkey’s economic crisis coincides with new diplomatic initiatives Finding solutions: Turkey and the UN are pursuing diplomacy to end Ukraine war while Ankara is considering rapprochement with Syria and mending ties with Israel. By Week in Review
Money inflows of unknown origin headed for record in Turkey As Turkey’s current account deficit continues to widen in the coming months, foreign currency inflows of unknown origin might end up covering more than 70% of the gap. Turkey
Turkey’s current account gap widens, with no respite in sight for the lira The Turkish lira is likely to tumble further in the coming months as the country’s current account gap threatens to grow beyond $40 billion by the end of the year. Turkey
Russia offers Erdogan economic lifeline Gas payments in rubles will help Turkey reduce its foreign-currency demand. Turkey
