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
Can Turkey, Iraq pull off 'Dry Canal' project? While experts believe the ‘Dry Canal’ project involving road and rail networks faces an uphill battle, the initiative seems to stand a better chance than its alternatives. Turkey
Turkey’s new Central Bank chief says new hikes on table if inflation deepens Turkey's new Central Bank chief, Fatih Karahan, signals that interest rate cuts are far off and that new hikes may be on the table, depending on the inflation outlook. Turkey
With $104 billion in damages, Turkey’s earthquake region sees slow recovery Turkey’s quake victims can hardly hope for a faster recovery, as Ankara seems to be keeping the pace of reconstruction tied to its overall economic roadmap, wary of overheating the fragile economy. Turkey
Turkey names Fatih Karahan as Central Bank chief after Erkan's resignation Gaye Erkan's resignation comes after a series of allegations by former and current Central Bank employees accusing Erkan of unethical conduct. Turkey
Turkey’s Central Bank raises interest rates to 45% A pause in hikes will follow, ahead of upcoming local elections in March, when Turkish President Recep Tayyip Erdogan is looking to regain control of key cities. Turkey
Turkey's first female central bank chief faces potential axe amid nepotism claims The question concerning Hafize Gaye Erkan's dismissal is increasingly not "if" but "when," observers say. Turkey
Turkey’s year-end inflation soars to almost 65% Newly announced minimum wage hikes and upcoming pay raises for public servants, workers and pensioners bode a resurgence of price spikes across the board. Turkey
Turkey’s exports to Saudi Arabia, UAE and Russia shoot up in 2023: Erdogan The Turkish president also said the country’s total export revenues reached an all-time high. Turkey
2023 in review: From disaster to diplomacy, a climactic year for Turkey Ankara and NATO capitals are once again at loggerheads despite Turkey’s restoration vision put forward after the May elections. Turkey
Is Turkey-Egypt rapprochement turning into a long-term defense partnership? Rapidly improving defense cooperation between Cario and Ankara falls in line with Turkey's multidimensional strategic outlook, observes believe. Turkey
Turkey’s Central Bank delivers moderate rate hike The bank said it has slowed the pace of monetary tightening, assessing that it is close to the level required to establish a course of disinflation. Turkey
Turkey's Erdogan declares 'new era' with Greece on landmark visit The Turkish and Greek leaders vowed to maintain good neighborly relations in the interest of peace in the Agean Sea region. Turkey
