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 Erdogan anticipates 'serious investments' from Gulf ahead of visit Ahead of Turkish President Recep Tayyip Erdogan’s Gulf tour which will include Saudi Arabia, the UAE and Qatar, Ankara is working to maximize economic cooperation with regional states in a bid to ease its foreign currency crunch. Turkey
Bahrain, Turkey are Middle East's biggest eaters: Oxford rankings Bahrain and Turkey are listed among the top eaters globally, while daily calorie consumption in war-ridden Yemen stands behind the recommended level. Turkey
Turkey's finance, banking chiefs to visit Saudi Arabia in search of foreign funds The Saudi visit of Finance Minister Mehmet Simsek and Central Bank Governor Gaye Erkan is expected to be followed by the Turkish President's Gulf tour. Turkey
Turkey raises taxes up to 20% on basic goods as deficit, inflation linger The move follows changes to Turkey’s monetary policy and a new cabinet following President Recep Tayyip Erdogan’s reelection. Turkey
Turkey’s smaller-than-expected rate hike comes as relief for banks Turkey’s new economic chiefs are scrambling to navigate a return to rational policies as the lira continues to tumble, threatening to stoke inflation. Turkey
Turkey hikes interest rates by 6.5 percentage points to 15% The move by the central bank marks a dramatic departure from President Erdogan's yearslong policy of low rates. Turkey
Russia, Iran, Ukraine nationals top Turkey's real estate market for foreigners Official data shows the number of foreign real-estate buyers has increased in May from the previous month. Turkey
EU grants protection status to Turkey's Caglayancerit walnut The move will increase the market potential of Turkish walnuts that are produced in the country's southeast, which is still reeling from the nation's worst disaster. Turkey
Analysis Turkey eases forex controls, rate hikes next as Simsek takes charge Turkey’s Central Bank is expected to start hiking rates under a new economic leadership that many see as a signal that Erdogan will step back from his unorthodox policies. By Mustafa Sonmez In Istanbul, reporting on economics
Turkey names Gaye Erkan as first female Central Bank governor The choice of the US-based banking and finance executive, along with Mehmet Simsek as new finance and treasury minister, is aiming at reassuring international markets. Turkey
Turkey’s plunging lira could herald economic turnaround The Turkish lira’s record low could signal a return to the free market and all eyes are on the central bank’s monetary policy meeting on June 22. Turkey
Deciphering Turkey’s new cabinet: Real reform or window dressing? President Erdogan's new Cabinet so far reflects a shift to his reformist days — whether that plays out as such remains to be seen. Turkey
