Turkey
Turkey hikes end-2026 official inflation forecast to 28%
Central bank governor says the thinking is that worst is behind the country when it comes to Iran War impacts.
Ukraine targeting Novorossiysk, Russia's last functioning Black Sea port
Ukraine, a country with no navy, has driven Russia's Black Sea Fleet out of Crimea to Novorossiysk, and has now struck its warships in that last refuge, damaging four.
Fears Borsa Istanbul could fall to ‘frontier market’ status spark calls for action on share price manipulation
Meteoric gains in small and illiquid stocks under scrutiny. Warnings issued by MSCI Inc and S&P Dow Jones.
ISTANBUL BLOG: Turkey then VS Turkey now
At the ancient Egyptian obelisk outside the Blue Mosque, looking along what was once the Hippodrome of Constantinople, I found myself thinking about a tent.
Turkey bans jailed Erdogan challenger Imamoglu’s eighth X account
A day after, the politician's office launched a new account.
Turkey jails and dismisses Menderes mayor in latest operation targeting opposition municipalities
Calculations show 43 CHP mayors have been detained so far in crushing of opponents by ruling regime.
Turkey’s economy still struggling to rebalance, says Capital Economics
Attempt to steer economy toward sustainable growth running into increasingly difficult terrain with economic policy facing sharp trade-off between fighting stubborn inflation and fixing external imbalances.
Turkish companies thirst for finance as bank profits dry up
Wide margin between de facto policy rate of 40% and 60% interest paid by SMEs for loans is under fire. At the same time, lenders face a shrinking cake.
Turkey's first offshore wind tender could reshape its renewables mix, GlobalData says
Turkey's first offshore wind tender could reshape its power mix, GlobalData says, though the analytics firm expects only around 1.3GW of the government's 5GW 2035 target to actually be built.
Televised embarrassment at Ankara signing ceremony appears to expose Iranian influence in Iraqi cabinet
Display of regional statecraft hits stumbling block as minister baulks at putting pen to Development Road contract.
How Pakistan keeps the world guessing — and talking
On the surface, China remains Pakistan’s most important strategic partner. Yet at the same time, Islamabad has maintained exceptionally close relations with Saudi Arabia and Turkey, even functioning relationships with the US and Iran.
Russia could use nuclear weapons as “last option” in face of expanding Ukraine war, warns Turkish foreign minister
West knows of these concerns, says Hakan Fidan.
Russia pounds Kyiv as Ukraine hits refineries and shadow fleet tankers over bloody weekend
"Last night, Russia killed three people in Pukhivka, Kyiv region, with drone strikes – a grandfather, a grandmother, and their grandson.
Iran's war spills into Saudi Arabia and Libya even as Hormuz talks edge toward a deal
Three threads are currently running in parallel: a genuine, if heavily caveated, diplomatic opening over Hormuz; a US naval blockade that keeps tightening even as those talks proceed; and a regional military campaign against...
The Global North's missile crisis
Washington's own stockpile is depleted and its arms industry is scrambling to catch up; Kyiv is chasing spare interceptors from allies who increasingly need their own; and a $300mn arms deal with Turkey, while welcome, does...
Saudi Arabia's new Nato-style pact with Turkey and Pakistan is tested within 48 hours
The “Mecca Joint Defence Agreement” treats an armed attack on any of the three Sunni-majority states as an attack on all three, Turkish Foreign Minister Hakan Fidan said, and is “technically the same” as Nato's...
Oil transit fees owed to Turkey by Iraqi Kurdistan have vanished in Jersey, says MP
“This is called international robbery,” remarks opposition lawmaker, claiming documents show $229mn has evaporated on island.
Iranian official warns Saudis “paper pact” on defence with Turkey, Pakistan is a dud
Agreement based on Nato-style provision that an attack on one country will be seen as an attack on all three.
Europe demands Turkey certify its gas exports are not Russian in origin
European buyers are demanding that Turkey provide documentation proving natural gas transported through Turkish territory is not of Russian origin, Turkish Energy Minister Alparslan Bayraktar said in an interview.
UK-funded, British Steel-supplied Ankara-Izmir railway project quarter complete after 13 years
Six Turkish transport ministers have come and gone in its time. Completion originally targeted for 2016.