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 emerges with ‘Pyrrhic growth’ from pandemic-hit 2020 Turkey’s economy grew 1.8% last year despite the pandemic, but not without major risks and downsides, including a smaller GDP in terms of dollars. Turkey
Foreign debt risks hover over Turkish lira’s recovery Saddled with chunky foreign debt repayments in 2021, Turkey might face hefty borrowing costs and renewed currency jitters. Turkey
Turkish Central Bank holds interest rate steady As forecasted, Turkey’s Central Bank policymakers held a key interest rate steady Thursday, saying they would continue working to reel in the nation’s double-digit inflation. Turkey
Mountain of debt growing under the rug in Turkey Turkey’s loan expansion has helped resuscitate the economy, but at the expense of an alarming surge in consumer and corporate debt. Turkey
Caught between a rock and a hard place, Erdogan seeks a way out Ankara has to improve Turkey’s international image with major reforms in order to attract much-needed foreign capital but the jury is out on whether President Erdogan can do it. Turkey
Should Turkish justice minister's comments fuel hope for release of philanthropist Osman Kavala? Turkish Justice Minister Abdulhamit Gul spoke out against the widespread practice of arbitrary detentions Friday, fueling speculation that Turkish philanthropist and civic activist Osman Kavala, who has been in jail for more than three years on a slew of outlandish charges, may be finally freed. Turkey
What’s next for Erdogan after eastern Mediterranean and Caucasus? Turkey's involvement in the South Caucasus conflict and decision to test the S-400 missile system show that Erdogan is continuing to embark on new adventures despite his recent failure in the eastern Mediterranean. Turkey
How Turkey’s ‘zombie’ companies keep afloat A number of big companies that would have normally gone bust amid Turkey’s economic turmoil are surviving thanks to government favors. Turkey
Turkey’s ‘city hospitals’ threaten a financial black hole Turkey’s controversial “city hospitals” threaten to swallow up billions of dollars in public money by the time their 25-year contracts with the government end. Turkey
Economic policy reversal fraught with political risks for Erdogan Ankara’s bid to warm the pandemic-hit economy has backfired, forcing a policy reversal that threatens to aggravate popular grievances and heighten political risks for Erdogan. Turkey
Erdogan: Turkey on path to ‘unstoppable power’ in region Turkish president throws his lot in again with Russia and Iran in Syria, expands plans for influence in North Africa and moves to convert the Hagia Sophia back into a mosque. Turkey
