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
Reeling from COVID-19 slump, Turkey's demographic challenges loom large As part of his nationalistic agenda, Turkish President Recep Tayyip Erdogan has been encouraging families to have at least three children, but soaring brain drain and falling birth rates stand as major predicaments in front of his ambitions. Turkey
Turkish health experts, workers call for social support ahead of 17-day Covid lockdown As Turkey prepares for a 17-day lockdown to stem a surge in COVID-19 cases, health experts and workers’ unions urge more financial support for citizens most impacted by pandemic restrictions. Turkey
Turkey’s tourism sector fears another disastrous year Apprehension is growing in Turkey that its tourism sector, a vital hard-currency earner, might fail to recuperate in 2021 amid a new peak in the coronavirus pandemic. Turkey
China looms large in Turkey’s controversial waterway project Turkey is reportedly gearing up to partner with China in the construction of an artificial waterway parallel to the Bosporus, a project with likely implications for Russia and the United States in the Black Sea. Turkey
Why Turkey is wooing Egypt How will improved relations between Cairo and Ankara boost bilateral trade and joint investment? A number of Egyptian businesspeople are keeping fingers crossed that easing tensions between the two Mediterranean countries will open up new opportunities. Egypt
Crisis-hit Turkey risks disastrous foreign investor flight Erdogan’s interference with the central bank is badly damaging foreign investor confidence in Turkey, threatening hard-currency crunches that could send the Turkish lira to new lows. Turkey
Turkish lira volatile after central bank deputy head removed Ten days after his appointment, Turkish central bank governor Sahap Kavcioglu sought to rebuild confidence in Turkey’s markets Tuesday following another shake-up in the bank’s top managers. Turkey
Did Erdogan commit economic suicide by sacking central bank chief? The predicaments of Turkey’s cash-strapped central bank augur a highly challenging period for Erdogan while reducing the visibility range in Turkey’s economy to almost zero. Turkey
Turkish markets rattled after surprise firing of central bank head Turkey’s lira and main stock index slid about 9% Monday as markets reacted to the surprise removal of the nation’s central bank chief amid broader political turmoil. Turkey
Turkey lifts veil on unemployment data, revealing bigger army of jobless A new, broader set of labor statistics has exposed a big gap between Turkey’s official unemployment rate and the actual joblessness in the crisis-hit country. Turkey
Pandemic, domestic woes dim Istanbul’s economic luster Istanbul’s economy is estimated to have shrunk about 3% last year, even as Turkey’s gross domestic product grew 1.8%. Turkey
Turkish inflation rises, raising expectations of further rate hikes Turkey’s inflation rate rose to 15.61% in February, marking the fifth month of consecutive increases and raising expectations for the central bank to introduce further rate hikes. Turkey
