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
Foreign investors flee Turkey, Ankara’s isolation grows An exodus of foreign investors has aggravated Turkey’s economic woes and could prove disastrous for the AKP’s political future. Turkey
Turkey’s ‘peg-legged’ foreign currency reserves Turkey’s central bank appears increasingly fragile, with more than 60% of its reserves secured through swap deals. Turkey
Is Turkey’s wealth fund becoming a crisis shelter? More company rescues could be imminent in Turkey after the sovereign wealth fund acquired the control of a leading mobile phone operator at the expense of further borrowing. Turkey
Turkey’s economic turmoil imposing early polls on Erdogan Grappling with economic strains that might grow worse down the road, Turkey’s president faces an early election conundrum. Turkey
Turkey’s megaprojects threaten ‘mega’ financial havoc Turkey’s government might be forced to nationalize some megaproject investments, chief among them the new airport in Istanbul, which have hit dire straits under the combined impact of the COVID-19 pandemic and Turkey’s existing economic woes. Turkey
Is Turkey on moderation path in its foreign policy? Conciliatory messages coming out of Ankara recently may appear as an effort to moderate Turkish foreign policy vis-a-vis the United States, Europe and Israel, but they are likely to be just maneuvering to weather the many stalemates in Turkey's foreign ties. Egypt
Top admiral's resignation rattles Turkey The demotion and then resignation of the chief of staff of the Turkish navy, Rear Adm. Cihat Yayci, has led to questions whether the Turkish government is distancing itself from Euroasianist figures to mend ties with its Western partners. Turkey
Turkey's relative coronavirus success may turn sour amid looming economic crisis Turkey’s COVID-19 balance sheet: Turkish President Recep Tayyip Erdogan has had relative success in combat against the outbreak, but a financial collapse could be on the horizon. Turkey
Turkey's Syrian refugees among hardest hit amid coronavirus pandemic Some 4 million Syrians scattered across Turkey are among the most vulnerable to the novel coronavirus pandemic and its economic fallout as most of them are unable to work due to restrictions and also cannot benefit from relief assistance. Syria
Erdogan says life in Turkey could return to normal by late May The Turkish president also said the country was facing its biggest economic crisis since World War II. Turkey
Is coronavirus good for health of Turkish-US relations? The coronavirus could offer Recep Tayyip Erdogan an opportunity to defer a fresh crisis with Washington over the Russian S-400 air defense systems, which he had pledged to activate in April but whose cost has now grown on multiple fronts. Turkey
Turkey offers fresh money to companies, seeks donations for the poor amid coronavirus crisis While enhancing monetary expansion measures to prop up companies and banks against the coronavirus crisis, Ankara is calling for donations from the public to support the poor. Turkey
