India wages economic war on Turkey for supporting Pakistan in Kashmir Turkish business interests are taking a hit as India retaliates against Ankara’s backing of Pakistan on Kashmir. Turkey
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
Erdogan’s statements shake Tunisian-Turkish ties Diplomatic and economic relations between Tunisia and Turkey are at stake in the wake of statements by Turkish President Recep Tayyip Erdogan following President Kais Saied’s decision to dissolve parliament. Tunisia
Turkey inflation hits 61% as fallout from Ukraine war continues Consumer inflation has surged to a fresh two-decade high in Turkey as external headwinds spawned by Russia’s invasion of Ukraine add to the country’s own economic woes. Turkey
Turkish taxpayers outraged at cost of lira protection scheme Turkey’s Treasury faces a hefty bill from a controversial plan to defend the Turkish lira, even as the scheme has failed to make a major impact in reducing dollarization. Turkey
Turkish tourism sector scrambles to minimize fallout of Ukraine war Bracing for a big loss of Russian and Ukrainian holidaymakers this summer, Turkey’s tourism industry is looking for replacements in Europe and the Middle East. But few are hopeful that the gap can be closed. Turkey
Analysis Russia-Ukraine war recasts Turkish policies and priorities Erdogan sees opportunity in Ukraine crisis, including enhanced global role and dramatic reset in ties with Israel, as he weighs next steps in Libya and elections next year. By Week in Review
Turkish minister’s pledge to foreign investors causes uproar at home As foreign investments decline, Nureddin Nebati's promise to "take the bureaucracy down" raises concerns at home and abroad about evading the rule of law. Turkey
Israel-Turkey rapprochement complicates Ukraine mediation efforts Israeli Prime Minister Naftali Bennett and Turkish President Recep Tayyip Erdogan seem to be competing for a mediator role between Russia and Ukraine, but are they? Israel
UK loans $2.3 billion to Turkey for high-speed rail line Turkey and the United Kingdom have gotten closer economically recently, which is in part related to tensions with the European Union. By Al-Monitor Staff
How Erdogan could emerge stronger from war in Ukraine Senior bureaucrats believe Erdogan will "wipe the opposition off the table" in next year's elections, excelling as he does in every major crisis. Turkey
Dizzying fuel hikes fan popular grievances in Turkey With Turkey’s consumer inflation already at 54.4%, price increases on fuel alone threaten to add two percentage points to the monthly inflation rate in March. Turkey
Israel's president exchanges friendly gestures in Turkey After years of cold, even hostile relations between the two countries, Israel's President Isaac Herzog was warmly welcomed today in Ankara by Turkish President Recep Tayyip Erdogan. Israel
Israeli President set for first official visit to Turkey in 15 years Israeli President Isaac Herzog visits Ankara on March 9. Israel