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Turkey

Turkey

November 12, 2026

Ankara 2:17 am

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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

Turkey's Economy Minister Nihat Zeybekci speaks during an interview with Reuters in Ankara August 11, 2014. Turkey's government will maintain its calls for lower interest rates following Prime Minister Tayyip Erdogan's victory in the country's first direct presidential election, the economy minister said on Monday. Zeybekci told Reuters in an interview that the central bank's core mandate for price stability should be expanded to include employment and growth, although he added this would not be a top prior

Turkey pays hefty price for interest rate obsession

Under government pressure to keep interest rates low, Turkey’s Central Bank has failed to act against the free fall of the Turkish lira, leading to a massive burden on the foreign debt stock.

A digger works on the bed stream of the river Papart in Artvin province, northern Turkey, February 21, 2010. A civil initiative calling themselves "Brotherhood of the Rivers" is struggling to stop hydro power plant projects in Artvin province which they believe will damage the natural habitat badly. Turkey's Electricity Market Regulatory Authority has approved 357 hydro power plant projects in the last three years, said Turkey's Chamber of Electrical Engineer. REUTERS/Umit Bektas (TURKEY - Tags: ENERGY ENVI

Is Turkey driving down road to environmental disaster?

The Turkish government’s Green Road Project has turned the quiet residents of President Recep Tayyip Erdogan’s home region into feisty street protesters as they struggle to protect the environment on which their livelihoods and traditions rely.

New Istanbul bookstore-cafe focuses on Arab culture, refugee experience

A small group of Syrian intellectuals has founded a bookstore-cafe in Istanbul, hoping to bridge cultures and promote Arab refugees' rich literary and cultural heritage.

A man looks at the front page of Turkish daily newspaper Sozcu, which reads 'If Sozcu is silent, Turkey will be silent', on September 1, 2015 in Ankara. Sozcu, an opposition daily critical of the government, left the slots for opinion columns on its front page empty to protest against the governments 'increasing pressure'. Sozcu is accusing President Tayyip Erdogan and the Justice and Development Party (AKP) of 'increasing pressure over the past year on opposition newspapers'. AFP PHOTO/ADEM ALTAN (P

The unbearable lightness of media in Erdogan’s Turkey

Police raids on pro-Gulen media outlets are seen as a prelude to suppressing the media opposed to President Recep Tayyip Erdogan prior to the snap elections.

Turkey takes on the Islamic State ... in 40-page report

Turkey's Directorate of Religious Affairs has issued a 40-page report that condemns not just the Islamic State, but also "political Salafism."

European countries to Turkey: We pay, you keep Syrian refugees

Syrian refugees are the new ping-pong between EU countries and Turkey.

Police officers frisk an employee of the Koza Ipek Group during a raid at the company's office in Ankara, Turkey, September 1, 2015. Turkish police raided the offices of the conglomerate with close links to U.S.-based Muslim cleric Fethullah Gulen, an ally-turned-foe of President Tayyip Erdogan, company officials said on Tuesday. REUTERS/Umit Bektas - RTX1QKD8

Turkish daily exposes transfer of weapons to IS

The feud between President Recep Tayyip Erdogan and his rivals in the Gulen movement is turning up news: Is there a link between exposure and the police raid of newspaper offices?

A rebel fighter of al-Jabha al-Shamiya (the Shamiya Front) fires his weapon at the frontline against Islamic State fighters on the outskirts of Mare town, north of Aleppo March 24, 2015. REUTERS/Sultan Kitaz - RTR4UP7W

IS intensifies attacks outside Aleppo

After news broke of the US-Turkish plan to establish a safe zone in Syria, the Islamic State stepped up operations against opposition forces in Aleppo's northern countryside.

Turkey's 'foot-dragging' on fight against IS continues

Diplomats say Turkey’s sincerity will be judged by its determination to continue its active support of the US-led coalition against the Islamic State.

Iraqi Kurdish regional President Massoud Barzani speaks during a ceremony in Dohuk, northern Iraq August 3, 2015. Barzani vowed to help the Yazidis return to their homes, after they fled from Islamic State last year. REUTERS/Ari Jalal - RTX1MWGL

The Iraqi Kurds' waning love affair with Turkey

Relations between the Turkish government and the Kurdistan Regional Government look likely to deteriorate as Turkey escalates its war against the Kurdistan Workers Party.

Turkey’s protracted PKK problem

Although many Kurds do not like the leftist and secular agenda of the Kurdistan Workers Party (PKK), the PKK has shown great resilience, in part as the result of the fragmented Iraqi and Syrian states and political missteps by Turkey.

A woman sits at a money exchange office in central Istanbul, Turkey, June 8, 2015. The Turkish lira traded near a record lows on Monday as nervous investors reacted to the prospects of a minority or coalition government after the ruling AK Party failed to win a majority in a parliamentary election. The lira, already one of the worst performing emerging market currencies this year, hit a record low in out-of-hours trade on Sunday, after results showed the AKP had taken just short of 41 percent of the vote.

As Turkey's consumer confidence plummets, what does that mean for the AKP?

Turkey’s consumer confidence index — a key indicator that is closely correlated with the AKP’s electoral showings — is on the decline, signaling further losses for the party in the Nov. 1 early elections.