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
Turkey’s economy grows in third quarter, but so do risks Turkey has posted a 7.4% growth rate in the third quarter but continues to accumulate economic risks that threaten to sharply stem growth next year. Turkey
Erdogan doubles down on economic policy amid currency volatility Turkish President Recep Tayyip Erdogan reiterated his stance against interest rate hikes Monday, sending the Turkish lira down 4% as the nation’s economy faces high inflation. Turkey
Deteriorating Turkish lira hurts residents in Syria's Idlib The depreciation of the Turkish lira against the US dollar has resulted in worsening living conditions in Idlib and increased the people’s resentment against Hayat Tahrir al-Sham and the Salvation Government, which they hold primarily responsible for the economic crisis. Syria
Erdogan’s credibility plunges along with lira Turkey’s president has received the lowest grade from consumers in his political career as his controversial economic policy is expected to further fuel inflation in the coming months. Turkey
Erdogan seeks foreign policy score amid currency crisis Despite its currency’s meltdown, Turkey’s President has still room to maneuver in the foreign policy field. Turkey
Turkey’s central bank cuts rate again despite nosediving lira Erdogan’s push for lower interest rates despite Turkey’s tumbling currency and soaring inflation is an economic gamble that he is unlikely to win. Turkey
Paris climate accords to take effect in Turkey next week Turkey was relatively late to implement the global climate agreement, but President Erdogan felt compelled to do so following severe wildfires and floods this year. News Brief
Turkish inflation nears 20% on rising food, energy costs While Turkey’s latest official inflation figures beat expectations, raising some concerns over data integrity, consumer prices are expected to keep rising amid growing global energy costs. Turkey
Interest payments top education, healthcare in Ankara’s 2022 budget Funds allocated to interest payments account for 13% of all spending in Ankara’s draft budget for next year, outstripping education and healthcare spending. Turkey
Energy prices threaten to aggravate Turkey’s economic woes Natural gas prices have shot up in Turkey, where heavy reliance on foreign energy sources leave the economy vulnerable. Turkey
Global finance watchdog adds Turkey to grey list Amid high inflation, widespread youth unemployment and deepening poverty, the country's economic situation is looking increasingly grim Turkey
Is Ankara capitulating to or allowing lira’s depreciation? Turkey’s central bank shocks financial markets with a bigger-than-expected rate cut, overriding concerns over the slump of the Turkish lira and its bruising impact on the economy. Turkey
