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
Should Turkish justice minister's comments fuel hope for release of philanthropist Osman Kavala? Turkish Justice Minister Abdulhamit Gul spoke out against the widespread practice of arbitrary detentions Friday, fueling speculation that Turkish philanthropist and civic activist Osman Kavala, who has been in jail for more than three years on a slew of outlandish charges, may be finally freed. Turkey
What’s next for Erdogan after eastern Mediterranean and Caucasus? Turkey's involvement in the South Caucasus conflict and decision to test the S-400 missile system show that Erdogan is continuing to embark on new adventures despite his recent failure in the eastern Mediterranean. Turkey
How Turkey’s ‘zombie’ companies keep afloat A number of big companies that would have normally gone bust amid Turkey’s economic turmoil are surviving thanks to government favors. Turkey
Turkey’s ‘city hospitals’ threaten a financial black hole Turkey’s controversial “city hospitals” threaten to swallow up billions of dollars in public money by the time their 25-year contracts with the government end. Turkey
Economic policy reversal fraught with political risks for Erdogan Ankara’s bid to warm the pandemic-hit economy has backfired, forcing a policy reversal that threatens to aggravate popular grievances and heighten political risks for Erdogan. Turkey
Erdogan: Turkey on path to ‘unstoppable power’ in region Turkish president throws his lot in again with Russia and Iran in Syria, expands plans for influence in North Africa and moves to convert the Hagia Sophia back into a mosque. Turkey
Foreign investors flee Turkey, Ankara’s isolation grows An exodus of foreign investors has aggravated Turkey’s economic woes and could prove disastrous for the AKP’s political future. Turkey
Turkey’s ‘peg-legged’ foreign currency reserves Turkey’s central bank appears increasingly fragile, with more than 60% of its reserves secured through swap deals. Turkey
Is Turkey’s wealth fund becoming a crisis shelter? More company rescues could be imminent in Turkey after the sovereign wealth fund acquired the control of a leading mobile phone operator at the expense of further borrowing. Turkey
Turkey’s economic turmoil imposing early polls on Erdogan Grappling with economic strains that might grow worse down the road, Turkey’s president faces an early election conundrum. Turkey
Turkey’s megaprojects threaten ‘mega’ financial havoc Turkey’s government might be forced to nationalize some megaproject investments, chief among them the new airport in Istanbul, which have hit dire straits under the combined impact of the COVID-19 pandemic and Turkey’s existing economic woes. Turkey
