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 opposition faces Erdogan’s ire as economic crisis muddles election timetable Opposition parties are under growing pressure as Turkey waits to see if Recep Tayyip Erdogan will call early elections despite skyrocketing prices. Turkey
Turkish inflation hits highest level under Erdogan's rule Turkey’s consumer inflation is bound to increase further in the coming months after reaching 36% in 2021, with even bigger numbers recorded in the producer sector. Turkey
Turkey rolls out homegrown vaccine amid surge in Omicron cases Turkish health officials claim the vaccine Turkovac is efficient against Omicron, while experts warn of a lack of data. Turkey
Turks keep holding on to dollars as mistrust in Erdogan lingers Ankara’s currency-defense scheme has stopped the lira’s nosedive for now, but there is no tangible sign that a return to the lira has begun to reverse the alarming dollarization in the country. Turkey
Egyptian travel companies profit on Turkey visits due to falling lira Egyptian tourism companies are seeking to take advantage of the low exchange rate of the Turkish lira to promote their programs in Turkey even after the summer season is over. Egypt
In Egypt, elation at Turkish currency crisis As Turkey faces a currency crisis, its toughest in years, Egyptians are enjoying the spectacle from the sidelines, remembering many confrontations over the past decade. Egypt
Bread prices ring alarm bells in Turkey For low-income households, bread and its price have become all the more important now that their purchasing power has melted amid the slump of the Turkish lira and surging inflation. Turkey
Erdogan’s new economic plan no remedy for lost purchasing power Even as Ankara rolls out a new scheme to contain the country’s currency crisis, the severe losses of millions of low-and middle-income Turks appears irreversible. Turkey
Why have AKP elites lost touch with reality? The presidential system’s negligence of Turkey’s realities has turned what would be a difficult economic and political era anyway into one that is also dark and dangerous. Turkey
Can Turkey's outreach to Armenia save US-Turkish ties? Although Turkey-Armenia normalization is not guaranteed, mutual moves by Ankara and Yerevan are hopeful steps in the right direction. Turkey
Turkish lira sinks further with Erdogan’s latest rate cut Ankara’s controversial economic policy coupled with external forces portend a continuing deprecation of the Turkish lira that will only worsen inflation and other economic parameters. Turkey
Turkish lira tumbles ahead of key decision on rate cuts, wages As Turkey’s battered lira pushes to new lows against the dollar, all eyes turn to Thursday’s central bank meeting and critical talks on the minimum wage. Turkey
