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 central bank cuts rate again despite nosediving lira Erdogan’s push for lower interest rates despite Turkey’s tumbling currency and soaring inflation is an economic gamble that he is unlikely to win. Turkey
Paris climate accords to take effect in Turkey next week Turkey was relatively late to implement the global climate agreement, but President Erdogan felt compelled to do so following severe wildfires and floods this year. News Brief
Turkish inflation nears 20% on rising food, energy costs While Turkey’s latest official inflation figures beat expectations, raising some concerns over data integrity, consumer prices are expected to keep rising amid growing global energy costs. Turkey
Interest payments top education, healthcare in Ankara’s 2022 budget Funds allocated to interest payments account for 13% of all spending in Ankara’s draft budget for next year, outstripping education and healthcare spending. Turkey
Energy prices threaten to aggravate Turkey’s economic woes Natural gas prices have shot up in Turkey, where heavy reliance on foreign energy sources leave the economy vulnerable. Turkey
Global finance watchdog adds Turkey to grey list Amid high inflation, widespread youth unemployment and deepening poverty, the country's economic situation is looking increasingly grim Turkey
Is Ankara capitulating to or allowing lira’s depreciation? Turkey’s central bank shocks financial markets with a bigger-than-expected rate cut, overriding concerns over the slump of the Turkish lira and its bruising impact on the economy. Turkey
Turkey’s vulnerable lira plunges to record low after central bank sackings In a midnight decree, President Recep Tayyip Erdogan rid the central bank of key bureaucrats who opposed his calls for lower interest rates ahead of next Thursday’s key meeting. Turkey
Is Erdogan’s Communications Directorate failing him? Fancy buildings and growing budgets at Turkey's Communications Directorate have failed to improve Erdogan’s global image. Growing rumors about his health and discussions over possible transition figures are a red flag for Turkey’s economic and political welfare. Turkey
Istanbul’s war on street waste collectors threatens migrants Police raids on the unregulated recycling sector are targeting some of the poorest members of Turkish society, including undocumented refugees with few other options to survive. Turkey
Turkish sovereign wealth fund reportedly considering stake in Turk Telekom Ankara’s sovereign wealth fund may be seeking to acquire a majority stake in Turk Telekom, having already gained control of Turkey’s largest mobile phone operator. Turkey
Turkish students continue protests despite arrests, Erdogan’s accusations University students in Turkey continue their protests for access to dorms and affordable rentals, despite police pressure and Erdogan’s denial of a dorm problem. Turkey
