Turkey
Global uncertainty causes FDI to plummet in Emerging Europe
wiiw research blames crisis in German industry and the uncertainty surrounding Donald Trump’s second term as US president for sharp slowdown in FDI.
Spare my blushes – Spanish asset manager discusses Turkey’s 0% weight in portfolios
To the MSCI EM Index, country remains a rounding error. Will the Israel-Iran clash blow it and the world further off course?
COMMENT: Black Sea becomes central to Europe’s evolving security order
As the war in Ukraine grinds on, the Black Sea is emerging as the key theatre in Europe’s long-term security contest with Russia, according to political analyst Dimitar Bechev of the Carnegie Endowment for International Peace.
BEYOND THE BOSPORUS: Remember that fellow Imamoglu?
As the world moves on to other matters, the operation that aims to keep the main political threat to Turkey’s Erdogan behind bars is still going strong.
No condemnation of US strikes on Iran from Turkey
Turkish president Erdogan is all too ready to hit out at Netanyahu for Israel's attacks on the Iranians, but when it comes to Trump, interestingly, he's rather restrained.
Fitch further downgrades Istanbul-listed Vestel Elektronik to B- with negative outlook
Company moved to six notches below investment grade. Layoffs announced. Sales in Europe under pressure from Chinese competition.
EU sanctions Turkey’s jihadists in Syria for slaughtering Alawites
Militias designated by Council of Ministers represent a failure by Ankara to organise militant groups during the Syria War.
Turkey’s central bank stays put on rates in fog of geopolitical tensions
Lira has felt renewed pressure since Israel's attack on Iran was launched six days ago. Regulator has burnt through reserves to maintain stability.
Gas flowing from Iran to Turkey without interruption, says minister
Fifth of Turkey's oil imports pass Strait of Hormuz. Ankara confident it could replace these shipments if passage was disrupted amid conflict.
Central Asia has become “like a girl whose house is full of suitors”, analyst says
Powers including China, Russia, the US and the EU “all promise something to the bride” in scramble for resources such as critical minerals.
Turkey's Koc in a sweet spot in Uzbekistan's burgeoning real estate sector
The Uzbekistan real estate market has entered a sweet spot. A burgeoning population, rising capital inflows, a growing expat community and strong economic growth have combined to lift everyone’s boat.
BEYOND THE BOSPORUS: US told Turkey war was imminent. There’s more to Ankara’s stance on conflict than meets the eye
Israeli jets entered Turkish airspace. Erdogan hardly blinked.
How Turkey became a fintech operator in Spain and Pakistan by seizing unicorn enterprise Papara
State trustee appointed to Turkish firm that owns Madrid-based neobank Rebellion Pay and reportedly took over Pakistani operator SadaPay.
PANNIER: Central Asia’s space race
A satellite in orbit offers a nation prestige, essential data in handling natural disasters and, controversially, a blanket “kill switch” for the internet during unrest.
ISTANBUL BLOG: Ankara denies Nato radar site in Turkey feeds Israel data on incoming missiles. Try not to snort
Erdogan manages to get Trump on phone twice in two days.
ISTANBUL BLOG: Disinformation clash as Turkey denies Erdogan’s daughter celebrated Israel’s killing of Iranian generals
Turkish president throws first insult at Netanyahu. Expect a torrent in coming days.
Airlines scrap week’s worth of Turkey flights to Iran, Iraq and Jordan as Israel keeps up its bombing of Iranians
To avoid danger zone, aircraft diverted to airports in locations including Istanbul, Baku and Cyprus.
Israel’s Iran missiles hit Borsa Istanbul
Turkey's stock exchange leads global losses, even exceeding those seen in Tehran and Tel Aviv. Ankara, meanwhile, keeps nervous eye on oil price.
ISTANBUL BLOG: ‘Curse of the baklava’ as Ali Koc hits daily with full-page ad punishment
Newspaper spoilt mood after Fenerbahce basketball triumph by reporting criticism of “blessed” pastry publicity stunt.
BEYOND THE BOSPORUS: Turkey’s regime keeps Sword of Trials hanging over heads of the opposition
But the powers that be are back in a comfortable place. No move to seize CHP party likely in foreseeable future.