Turkey: Flash floods kill 3, paralyze Istanbul after record downpour Heavy rains stranded hundreds, blocking major roads and disrupting air and public transportation, flooding buildings and forcing school closures across Istanbul province. Turkey
Analysis Pragmatic politics: Why Turkey avoids blaming Russia for Black Sea attacks Beyond economics, Ankara’s approach is also shaped by maintaining its role as an indispensable mediator between the Kremlin and the West. By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
Erdogan aide named suspect in Turkey financial scandal Former AKP deputy chairwoman Fatma Betul Sayan Kaya is facing allegations of being linked to a market manipulation scandal. Turkey
Analysis Turkey’s $20B fund crisis: Who profited, and who will pay? Opposition parties are demanding immediate government compensation for affected investors, who face up to a six-month wait as independent banks oversee the asset liquidations. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Analysis Can Turkey’s Bashiqa withdrawal pave the way for deeper Iraq ties? By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
Turkey’s inflation slightly eases in October, remains above 60% Following three months of increases, Turkey’s year-on-year inflation slightly eased last month. Turkey
Turkey raises year-end inflation forecast to 65%, amid economic headwinds The projection has been raised from 58% in July due to weakening global economic activity and oil volatility. Turkey
Turkey’s Central Bank hikes interest rates to 35% The bank cited geopolitical risks for the move along with a larger than expected increase in inflation in the third quarter. Turkey
Turkey's finance chief Simsek embarks on third Gulf trip The Turkish finance minister's new Gulf tour marks his third trip to the region as Ankara ramps its efforts to attract foreign funds. Turkey
UK, Turkey in talks about third railway project The project follows the UK government underwriting financing in July to support the construction of a 286-kilometer high-speed electric railway in southern Turkey. Turkey
Turkey’s annual inflation exceeds 61% in September Month-on-month consumer prices slightly eased to 4.75% in September, down from 9.09% in August. Turkey
Turkey's lira makes a comeback amid economic U-turn: Goldman Sachs Foreign investors are beginning to return to the Turkish economy after Erdogan's new government reversed the previous unorthodox policies in June. Turkey
Turkey’s Central Bank hikes interest rates to 30% The bank cited higher-than-expected inflation rates and rising oil prices for the hike. Turkey
Turkey’s central bank mulls giant interest rate hike up to 10% to fight inflation Alarmed by resurging price increases, central bank officials reportedly believe that a rate hike of up to 10 percentage points is an inevitable part of monetary tightening to tackle inflation. Turkey
Which 5 Turkey-based firms did US sanction for aiding Russia in Ukraine? US officials have repeatedly pressed Turkish counterparts to address the flow of funds to Russia amid the war in Ukraine. Turkey
Can Turkey’s new economic plan restore foreign investor confidence? Eager to regain Istanbul and other major cities from the opposition, Erdogan is expected to turn to populist policies again ahead of local elections next spring. Turkey
Analysis Are we seeing the start of Turkey’s economic turnaround? Israeli right’s political chokehold on Netanyahu; will BRICS challenge the dollar?; Al-Monitor, Semafor launch first Middle East Global Summit in New York during UN General Assembly. By Week in Review , Andrew Parasiliti
