Turkey

Tech startups in Turkey raise $58mn in worst quarter since 2023

Akin Nazli in Belgrade April 14, 2025

Figures make Turkish sector "second league".

Hungary's Viktor Orban discusses energy issues with Erdogan in Ankara

bne IntelliNews April 14, 2025

Hungarian Prime Minister Viktor Orban met Turkish President Recep Tayyip Erdogan for bilateral talks in Antalya, which focused on energy issues and developing bilateral economic, military and defence cooperation.

Foreign investors still selling Turkish papers

Akin Nazli in Belgrade April 12, 2025

FX firepower Erdogan regime has at its disposal declines further, but is still a substantial distance from hitting previous lows.

Erdogan opponent Imamoglu attends first court hearing, held in Silivri prison

Akin Nazli in Belgrade April 11, 2025

Case concerns alleged insult he directed at Istanbul's chief prosecutor.

Gasoline prices in Turkey down 1% as Trump’s tariffs hit oil prices

bne IntelliNews April 11, 2025

Despite annual decline, gasoline price in Turkey still compares a few times higher than the seven liras seen in 2021.

Turkey’s main opposition chair calls UK PM Starmer ‘loser’ in Guardian interview

bne IntelliNews April 11, 2025

Turkey’s main opposition Republican People’s Party chair Ozgur Ozel has hit out at the UK’s PM and Labour Party chair, Sir Keir Starmer, for keeping mum amid attacks on its sister party.

Turkey in close contact with Israel to avoid undesired engagements in Syria

bne IntelliNews April 10, 2025

Turkey has been holding technical talks with Israel concerning the de-escalation of any conflict in Syria when needed, Reuters on April 9 quoted Turkey Foreign Minister Hakan Fidan as saying.

Turkey burns $8bn of reserves on Trump tumult Monday to keep lira at 38.00 against US dollar

bne IntelliNews April 9, 2025

Turkey’s central bank has burnt $7.6bn worth of FX reserves on April 7 and another $3.1bn on April 8, according to calculations by @e507.

Trump’s and Putin’s men to talk Ukraine in Istanbul on April 10

bne IntelliNews April 9, 2025

The US and Russian delegations will on April 10 hold their next meeting in Istanbul, Russian President Vladimir Putin’s spokesman, Dmitry Peskov, told reporters on April 8. The meeting will be launched at 10h Istanbul time in Russia’s consulate.

Turks target Elon Musk after X blocks more accounts for calling boycott

bne IntelliNews April 9, 2025

The second district court in Istanbul has ordered the blockage of the X accounts of three famous actors after they called on their followers to participate in a boycott, EngelliWeb (@engelliweb), which follows up internet censor in Turkey.

Turkish doctor Oz bags congress approval to chair Trump’s trillion dollar Medicare agency

Akin Nazli in Belgrade April 9, 2025

Friendship with US president dates back to their time in showbusiness.

Erdogan’s junior ally proves he's not dead

Akin Nazli in Belgrade April 9, 2025

MHP leader Devlet Bahceli reappears after two months out of public eye.

Mehmet Simsek is finance arm of Turkey's "coupist junta", says opposition leader

Akin Nazli in Belgrade April 8, 2025

Ozgur Ozel launches attack on former Merrill Lynch investment banker, saying "Nobody should trust this man".

BEYOND THE BOSPORUS: The sheer comedy that is Turkey's opposition

Akin Nazli in Belgrade April 8, 2025

Erdogan's trolls must have been splitting their sides as CHP leader got himself re-elected unopposed.

Turkey still burning through reserves to keep lira at 38.00 against USD

Akin Nazli in Belgrade April 8, 2025

Excess lira liquidity in banking system on April 7 turned negative for first time since September.

ISTANBUL BLOG: Episode 12 in which Trump tells Bibi he can leave Turkey to him

Akin Nazli in Belgrade April 8, 2025

Israel’s PM arrives at White House having just bombed into ground Syrian military air base Turkish president Erdogan wanted to take over.

Foreign investors sell Turkish papers in record amounts following jailing of Imamoglu

Akin Nazli in Belgrade April 7, 2025

$4.8bn worth sold in two-week period, central bank data shows.

Trump gave his backing to Erdogan's arrest of main political rival Imamoglu, claims opposition leader

Akin Nazli in Belgrade April 7, 2025

Turkey run by junta that mounted coup, says Ozgur Ozel, adding that its president “no longer has legitimacy. He fears elections. He fears the streets.”

Trump tumult hits Borsa Istanbul and Turkey’s CDS as lira remains at 38.00

Akin Nazli in Belgrade April 7, 2025

Turkish stock exchange is, however, controlled by the regime to guard against collapses.

Turkey says it wants no confrontation with Israel in Syria

Akin Nazli in Belgrade April 7, 2025

“Unfortunately Israel is taking out, one by one, all military capabilities that a new state can use,” says Turkish foreign minister.

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