Turkey
Turkish central bank revives FX swaps with local lenders as war pressures hit reserves
It’s a reminder of the bad, old days, but there’s no crisis as yet.
China and Pakistan issue five-point peace plan for Gulf and Middle East
China and Pakistan issued a five-point peace plan on March 31 calling for an immediate ceasefire and reopening of Hormuz, though the plan's omission of the US and Israel by name and questions over Beijing's credibility as a guarantor may limit its im
Prolonged conflict in Middle East putting squeeze on Turkey’s tourism industry
Operators uncertain as to demand. European traveller opting for “last minute” approach.
US-Israel plan for Kurdish incursion into Iran collapses
A joint plan by the US and Israel to support a Kurdish ground incursion into Iran has collapsed following leaks and regional opposition, according to The Times of India, which reported that the proposal had been under development for several years.
BEYOND THE BOSPORUS: Turkey builds house for PKK leader Ocalan on prison island Imrali
Kurdish representatives tread carefully in referring to dwelling that is part of latest peace process.
Planet IPO remains open to real estate developers on Borsa Istanbul despite war stress on markets
Agaoglu Avrasya REIT cleared for lift-off. Consternation among scores of non-property firms awaiting permission to list.
Erdogan told: For Turkey’s sake at a time of great peril, ease up on your authoritarianism
As war threatens Middle East, just outcomes for the Kurds and the president's jailed chief rival are needed to build solidarity, say analysts.
Turkey and Middle East states working to protect US-Iran talks from sabotage
Turkey and regional states are preparing measures to protect US-Iran talks from sabotage, a Turkish diplomatic source says, as both sides trade accusations of bad faith over the negotiating process.
Akbank launches Turkish banks' spring syndicated loan renewals season at tighter spreads and 136% rollover rate amid Iran conflict
Obtains $700mn syndicated loan in five tranches.
Middle East conflict fallout to slow growth, push up inflation in Emerging Europe and Mediterranean region, EBRD says
Development bank says economic fallout is already spreading, through higher energy and fertiliser costs, damage to tourism and higher debt-servicing costs.
BEYOND THE BOSPORUS: What no crisis!? Turkey is so far riding out economic shocks of the Iran war
Troubles are brewing, though.
Iranians freeze gas supplies to Turkey following Israeli strike on South Pars
Ankara yet to comment on whether it could face significant gas shortages.
Istanbul-listed Halkbank sells $210mn AT1 eurobond at 8.30% amid Iran war
Debt issue follows signing of deferred prosecution agreement over US claims of collusion with Iranians in sanctions dodging.
Trump floats 15-point Iran war ceasefire plan
Turkey is seeking an off-ramp to the war involving Iran, engaging both the US and the Islamic Republic in an effort to initiate negotiations on a potential deal, sources familiar with the matter told Middle East Eye on March 24.
Appetite for Turkmen gas could rise in China, Turkey and Europe amid Hormuz crisis
Disruption to Middle East supplies may have concentrated minds. Is Central Asia gas a better bet?
Will GCC be drawn into war and unite against Iran?
Will GCC be drawn into war and unite against Iran? The foreign ministers of Turkey, Saudi Arabia, Egypt and Pakistan met in Riyadh on March 18 to discuss a possible security pact and taking up arms against Iran.
Qatar military helicopter crashes killing seven including Turkish joint forces member
Seven killed in a Qatari military helicopter crash in territorial waters, including a member of the Qatar-Turkey joint forces, as the country's armed forces operate under sustained wartime pressure.
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Turkey’s diesel tax buffer evaporates amid booming oil prices and refinery margins
Annual rise in diesel price reaches 57% versus 37% on gasoline.
Democracy fading as autocractic rulers gain ground – Statista
Released on March 19, the latest Freedom in the World 2026 report finds that global freedom declined for the 20th consecutive year in 2025, with more countries experiencing deterioration in political rights and civil liberties than improvements
Russia accuses Ukraine of trying to disable pipelines that deliver gas to Turkey, Hungary and Slovakia
Gazprom alleges 26 attack drones tried to reach compression stations vital to TurkStream and Blue Stream operations.