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Istanbul Blog

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Reflections from our correspondents on the ground in the Turkish capital.

BEYOND THE BOSPORUS: Let’s tentatively pencil in a date for Turkey’s hot money outflow

January 16, 2021

As even Erdoganist business representatives start to grow agitated in the face of hiked interest rates, global finance makes it clear nobody believes the monetary tightening story will last.

ISTANBUL BLOG: One last favour

December 13, 2020

Is Trump getting his Turkey sanctions cleared by Erdogan’s office?

BEYOND THE BOSPORUS: Pa! Sanctions, schmanctions!

December 9, 2020

The respect for Washington’s wielding of the sanctions stick is overdone. Nevertheless, expect better behaviour from Recep Tayyip Erdogan as Joe Biden takes the helm.

BEYOND THE BOSPORUS: Turkish number crunchers deliver November inflation surprise of 14%

December 4, 2020

With the lira brittle and volatile, Erdogan administration walking a fine line trying to please both global financial markets and browbeaten Turks.

ISTANBUL BLOG: Turkey's virus disaster. Where does one start?

November 30, 2020

Certainly not with the health ministry’s figures.