Turkey
COMMENT: Kyrgyzstan’s New Nomadism
Hosting the 6th World Nomad Games, small Central Asian nation united world powers around ancient steppe sports. Team GB even strained on the tug-of-war rope against both Russia and Iran.
BEYOND THE BOSPORUS: Turkish defence ministry holds weekly press briefing at Baykar facility
Showcasing of drone maker run by Erdogan son-in-law says a lot about today’s ‘Turkey Inc’ and the role of ‘Family Inc’.
Vance says Turkey, Saudis, UAE and others “privately helping” US on Iran but “not willing to say so publicly”
Azerbaijan and Qatar also among emerging, unacknowledged alignment designed to squeeze Iranian economy, adds vice president.
Turkey repatriates Islamic State militants transferred from Syria to Baghdad prison
Second transfer involving around 250 jailed Turkish women set to go ahead.
Turkey cuts 2026 GDP growth target to 3.3% in new medium-term programme
New numbers are released – but the reliability and seriousness of the data presented, as well as the government's seriousness in the presentation, are questionable.
Fuel prices in Turkey break fresh records over unending Iran War
Sharp hikes reflect combination of global oil market turbulence and persistent domestic currency pressures.
US swings sanctions stick at Turkish bank accused of smuggling Chinese oil payments to Iran in gold
American ambassador to Ankara at great pains to describe move as aimed at “one entity”, not at a nation, banking system or ally.
Booming jet fuel prices not yet reflected in airline ticket prices, says chairman of Turkey’s Pegasus
Iran War and soaring refining margins taking heavy toll on regional aviation.
Fenerbahce signing of English footballer Mason Greenwood most expensive in Turkey’s transfer window
Top Turkish clubs go ahead with more big spending. Forward bought from Marseille for €39mn.
Turkey’s central bank expected to stay put at September 10 rate-setting meeting
Markets still anticipate modest monetary easing before the end of 2026, modelling a cumulative 200-bp reduction to 35%.
Turkey’s 2026 GDP growth to come in below government target, says vice president
Ankara's new medium-term economic programme will be released on September 6, he adds.
Ankara ‘incompetence’ exposes sensitive US arms sale to Ukraine
Bureaucratic clumsiness said to have put transaction in public eye. Missiles, rockets and cluster munitions package showed up in congressional records.
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Shanghai Cooperation Organization summit comes up short on achievements
Iran left in lurch.
Istanbul-listed cable maker Alves defaults on sukuk paper
Troubles reflect broader systemic friction within Turkish corporate landscape as high interest rates constrain liquidity.
Turkey’s inflation cools to 31.5% in August
Figure marks moderate deceleration from July and comes in slightly below consensus forecasts.
Court order goes out to seize all copies of unpublished book by Turkish leader Erdogan’s jailed main political opponent
Strict ban placed on sales of Millet Sahidimdir (The Nation Is My Witness) by Ekrem Imamoglu.
11 EU members push to curb foreign policy vetoes as bloc weighs wider reform
Reform discussion ongoing amid questions over whether the EU's institutions are equipped for another round of enlargement.
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COMMENT: COP17 desertification summit delivered mixed results but important momentum
Nature Conservancy’s director of biodiversity and infrastructure policy releases closing statement after Ulaanbaatar conference.
Unresolved war weighing on Turkish manufacturers, August PMI shows
Muted demand and market uncertainty continue to plague industry.
Erdogan provides Saudis with €47.50/MWh price guarantee for 2-GW of solar
Deal also includes zero-cost land, tax exemptions and offtake assurances.