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
US deputy treasury secretary in Turkey to warn against evading Russian sanctions In a visit to Ankara Wednesday, US Treasury Deputy Secretary Wally Adeyemo plans to remind Turkey that anyone evading US sanctions against Russia will be held accountable. Turkey
Turkey’s growing current account gap exacerbates lira weakness A widening current account deficit, coupled with $181 billion in short-term external debt liabilities and plunging foreign investments, portend further currency woes for Turkey. Turkey
Turkish consumer inflation soars to 73.5% Turkey’s May consumer inflation came in lower than expected, but newly announced gas and electricity hikes bode a renewed resurge in prices across the board. Turkey
Could Turkey-Israel rapprochement lead to gas agreement? The Cyprus conflict stands as a major stumbling block before potential plans to carry Israeli gas to Europe via Turkey. Turkey
Visiting Israel, Turkish foreign minister rehabilitates bilateral ties After two years of Turkish courtship, and with Turkish Foreign Minister Mevlut Cavusoglu now on a historic visit to Israel, Jerusalem is willing to rehabilitate bilateral relations. Israel
Turkey's foreign policy reset sign of Brotherhood's dwindling influence In addition to economic concerns, the Muslim Brotherhood's dwindling influence in the region and new regional order emerged after the Abraham Accords forced Ankara to mend ties with Egypt. Turkey
Turkey’s middle class priced out of home ownership Buying a home has become an elusive dream even for middle-class professionals in Turkey as the country’s economic woes erupt into a perfect storm over the housing market. Turkey
Airport wars flare up in Turkey amid claims of Gulf acquisition A row over the fate of Istanbul’s iconic Ataturk Airport has escalated in Turkey amid opposition claims that a plan to demolish the facility is designed to gratify Gulf investors interested in operating the city’s newer airport. Turkey
Turkish lira continues to fall Turkey is in the midst of an economic crisis marked by high inflation. By Adam Lucente In New York City, reporting on regional news, militancy, climate change
Erdogan’s home loan incentives threaten to fan inflation A further increase in already skyrocketing home prices appears inevitable in Turkey following Erdogan’s announcement of loan incentives, a move that many pundits see as pouring fuel on the inflation fire. Turkey
Turkey’s potential xenophobia goes beyond Syrian refugees Growing popular resentment of refugees and migrants is on course to become the second hot-button election topic in Turkey after the economic crisis, but the government is not in a position to force the return of Syrians, the main component of the problem. Turkey
Can Ankara-Riyadh rapprochement help improve Turkey-Egypt ties? Although Ankara has secured several diplomatic strides by normalizing its relations with Saudi Arabia and the United Arab Emirates, rapprochement with Egypt still seems a challenging prospect. Turkey
