Turkey - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012

Turkey

Turkey

November 12, 2026

Ankara 1:37 am

6°C

People walk past a Bitcoin sign at the entrance of a cryptocurrency exchange office on Nov. 8, 2024, in Istanbul, Turkey.

Watchdog urges Turkey to tighten digital asset rules for $144B crypto economy

A review of Turkey’s crypto-asset regulations by the Financial Stability Board acknowledged significant progress made by local authorities but called for further measures to address potential risks.

Turkish President Recep Tayyip Erdogan (L) and Central Bank Governor Sahap Kavcioglu attend a signing ceremony with Abu Dhabi’s crown prince, Sheikh Mohammed bin Zayed Al Nahyan at the Presidential Complex in Ankara on Nov. 24, 2021. ADEM ALTAN/AFP via Getty Images

Turkey’s banking watchdog chief submits resignation amid fund scandal

Turkey’s government is facing growing criticism over regulators’ failure to prevent a fund scandal involving more than $20 billion.

Chris McGrath/Getty Images

Explainer

Iran war pushes up coal use, complicating Turkey’s COP31 pledge

Turkey is asking world leaders at COP31 to back a global push to use more electricity, even as the Iran war has driven up natural gas prices and pushed some power producers back to coal.

Latest News

Turkey bars MP’s wife from travel after his fund scandal criticism: What to know

OZAN KOSE/AFP via Getty Images

Steel factory explosion in western Turkey kills at least 16

A steel worker works in front of giant iron melting pot in Kardemir Iron and Steel Factory in Karabuk, northwestern Turkey, Aug. 26 2005. (TARIK TINAZAY/AFP via Getty Images)

Analysis

Will Democrats block Trump’s push to deliver Turkey F-35s, lift sanctions?

MEHMET ESER/Middle East Images/AFP via Getty Images

Barin Kayaoglu

By Barin Kayaoglu

In Ankara, reporting on geopolitics and national security

Samuel Wendel

Senior Analyst, Middle East Business & Tech

In Washington, DC, reporting on regional business and tech

Amberin Zaman

Chief Correspondent

Reporting on geopolitics, minorities, human rights, culture

Jack Dutton

Chief Business Correspondent

In Bristol, reporting on regional business, climate change, AI, tech

Ezgi Akin

Associate Editor (Turkey)

In Ankara, reporting on diplomacy, EU-Turkey ties, NATO

Francesco Schiavi

In Bologna, reporting on security, defense, economy, governance

Barin Kayaoglu

In Ankara, reporting on geopolitics and national security

Facts mingle with political fantasy in Ankara's Gulenist indictments

An indictment alleging an attempted coup against Turkey's ruling Justice and Development Party government follows the party's narrative of a sinister parallel state and its imperialist collaborators.

European Commission President Jean-Claude Juncker welcomes Turkey's President Tayyip Erdogan (L) at the EU Commission headquarters in Brussels, Belgium October 5, 2015. Erdogan mocked European Union overtures for help with its migration crisis during a long-awaited visit to Brussels on Monday that in the end was partly overshadowed by Russia's violation of Turkish airspace near Syria. REUTERS/Francois Lenoir - RTS34DB

Erdogan's EU visit fails to produce results

Turkish President Recep Tayyip Erdogan tried to use his Brussels visit to enhance his own domestic political clout, but the Europeans were not very keen on helping him.

Armed members of YDG-H (back facing), youth wing of the outlawed Kurdistan Workers Party (PKK), stroll at a street in Silvan, near the southeastern city of Diyarbakir, Turkey, August 17, 2015. The PKK has attacked military targets on a near-daily basis since the Turkish government launched air strikes on rebel camps in northern Iraq on July 25, wrecking a two-year-old ceasefire. REUTERS/Sertac Kayar - RTX1OIE1

Young guns rule their turf in Turkey

Members of the Patriotic Revolutionary Youth Movement, a youth group linked to the PKK, control the streets by force of arms in some parts of southeastern Turkey.

Erdogan uses refugee issue for his own benefit in EU

EU leaders' focus during Erdogan’s visit to Brussels was on stemming the flow of Syrian refugees, not on his authoritarian and undemocratic ways.

Another Syrian nightmare, courtesy of the Russians

Russian operations are rattling Turkey as militants fleeing Syria infiltrate Turkey.

Russian intervention throws a wrench into Turkey's Syria plans

Russian air superiority in Syria has destroyed Ankara's hopes for a safe zone in the north and "Syria without Assad."

New gas fields add more heat to already simmering Mediterranean

The recent gas discoveries in the eastern Mediterranean Sea have given the concerned countries, mainly Egypt, Turkey and Israel, a new urgency in settling their maritime border disputes.

An immigrant himself, Chobani yogurt founder becomes icon for refugees

A Kurdish immigrant from Turkey, Hamdi Ulukaya became the founder and CEO of the top-selling Greek yogurt in the United States and has now pledged to donate much of his wealth to refugees.

Palestinian President Mahmoud Abbas kisses a Palestinian flag before raising it during United Nations General Assembly at the United Nations in Manhattan, New York September 30, 2015. Even though Palestine is not a member of the United Nations, the General Assembly adopted a Palestinian-drafted resolution that permits non-member observer states to fly their flags alongside those of full member states. REUTERS/Andrew Kelly TPX IMAGES OF THE DAY - RTS2H7E

Palestinians look to Turkey for substance, not show

Although Turkey got its share of praise as the Palestinian flag was raised at the UN, Palestinians are still waiting for practical moves affecting their lives.

Smashed glass is seen at the damaged entrance of the headquarters of the Hurriyet daily newspaper in Istanbul, Turkey, September 8, 2015. Turkish Prime Minister Ahmet Davutoglu appealed for calm on Tuesday after crowds angered by renewed Kurdish militant violence attacked newspapers and offices of a pro-Kurdish political party. The unrest took place after Kurdish militants killed 15 police officers in two bombings in eastern Turkish provinces. The PKK attacks have triggered nationalist anger against Kurds.

Ahead of elections, Turkey clamps down on press freedom

The Turkish government’s mounting pressure on mainstream and opposition media ahead of the Nov. 1 elections results in a physical assault on a popular journalist.

The changing fabric of foreign companies in Turkey

The number of European companies in Turkey has stagnated, while the number of Asian companies is booming.

For Turkey’s Greek minority, an island school provides fresh hope

A Greek school on an Aegean island in Turkey has reopened after half a century, raising hopes that Turkey’s dwindling Greek minority will escape extinction.