Explainer Turkey’s $18B Ponzi-like scandal likened to Madoff as arrests mount Turkey detained 14 more people Tuesday as authorities widened a probe into one of the country's largest investment-fund scandals. Turkey
Analysis With Hurjet test, Turkey seeks defense dominance beyond drones With export revenue from the supersonic crewed aircraft, Ankara plans to fund next-generation projects and gain strategic diplomatic and military leverage across NATO and the region. By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
Turkey’s Fidan heads to Libya as US-backed unification push gathers pace The Turkish foreign minister will hold talks in both Tripoli and Benghazi as Ankara seeks to preserve its military, maritime, energy and commercial interests while Washington pushes Libya’s rival camps toward a power-sharing arrangement. Turkey
Analysis How Turkey is deepening energy and economic ties with Iraq as Iran weakens Turkey and Iraq are accelerating energy, infrastructure and trade cooperation as the Hormuz crisis increases the strategic value of northern export routes. By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
Analysis Iran war puts Turkey’s inflation fight, lira under fresh pressure By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
Deepening poverty fuels mass school dropout in Turkey Children are dropping out of school at unprecedented rates in Turkey, activists warn, as the social toll of the country’s economic turmoil deepens. Turkey
Turkish exporters, tourism sector cut prices Amid the dramatic slump of the lira, Turkish exporters have sold goods at lower prices, while the country’s imports, chief among them energy, have grown more expensive, official data show. Turkey
Turkish inflation hits 85.5% as doubts linger over official data Alternative surveys put Turkey’s inflation rate well above the official figure, nourishing suspicions that the statistics agency is tweaking market realities under government pressure. Turkey
Turkey’s Central Bank raises inflation forecast yet again Turkey's central bank governor has raised the inflation estimate for the fourth time in a year as prices hit a 24-year high. Turkey
Can Erdogan pull up his sagging support? Unlike previous polls that suggest steady decrease for Erdogan and his ruling party, a recent poll shows the tide may have been turned. Turkey
Turkey’s Central Bank ducks soaring inflation to cut rates again Despite the highest inflation in 24 years, Turkey’s Central Bank has made its third interest cut ahead of elections next June. Turkey
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
