The unorthodox theory behind Erdogan's monetary policy

Economists and investors are not buying the controversial economic theory invoked by Turkey’s president to justify low interest rates in the face of high inflation and the lira's collapse.

Turkey

Bowing to market pressure, Turkey's Central Bank hikes rates

The Turkish currency's nosedive continues, with the nation's Central Bank hamstrung by President Recep Tayyip Erdogan's resistance to intervention.

Turkey

Weary Istanbulites flock to seaside Izmir

Tired of traffic, extreme concretization and decelerated social interaction, white-collar, educated Turkish people are abandoning Istanbul for Turkey’s Aegean coastal province of Izmir.

Turkey

Turkish lira in tailspin as Erdogan spooks investors

Clinging to unorthodox economic views, Turkey’s president has effectively paralyzed the central bank as the Turkish lira’s meltdown continues, threatening major economic turmoil.

Turkey

Erdogan’s heir apparent

The candidate lists for Turkey's upcoming elections have been released, and the ruling party's is led by the president's son-in-law.

Turkey

Turkish army's Idlib action 'riskiest cross-border operation' to date

Experts list the possibility of confrontation between Turkey and Syria, a new influx of refugees and activity by radical groups as potential hazards of Turkey’s deployment into Idlib.

Syria

Israeli right shifts stance on Armenian genocide amid Turkey spat

Israeli lawmakers on the right are finally set to recognize the "Armenian Holocaust" — but perhaps just to spite Turkish President Recep Tayyip Erdogan and score points with their bases.

Palestine

Iraq elections: Will Sadr seek a new beginning with Turkey?

Ankara is welcoming Iraqi Shiite cleric Muqtada al-Sadr’s stand against foreign intervention and military presence — as long as it doesn't apply to Turkey.

Iraq

Erdogan pushes Abbas to reconcile with Hamas

Turkish President Recep Tayyip Erdogan calls for inter-Palestinian reconciliation as part of his attempts to portray himself as the savior of Gaza.

Palestine

Turkey’s de-escalation efforts around Idlib come with risks

Turkey has erected its final observation post in the Idlib region, but many unknowns and potential hazards remain.

Syria

After calls to change the Quran, Turkey moves to ban all things French

President Recep Tayyip Erdogan’s anger over a French manifesto on changing the Quran failed to generate outrage among the Turkish public, but did result in decisions on education policy harmful to Turkish students.

Turkey

Turkey and Israel: Barking, biting, but still doing business

The ties between Israel and Turkey are being strained and stretched, but they aren't likely to snap as long as both sides benefit from the relationship.

Israel