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Turkey

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  • Monday, 2 October, 2023
    Turkey detains 20 people linked to Kurdish militants over Ankara bombing

    Separatist group PKK claimed responsibility for Sunday’s suicide attack in Turkey’s capital

    Turkish police special forces and an armoured vehicle guard the area near the interior ministry
  • Sunday, 1 October, 2023
    Nato
    Turkey calls on Sweden to take more ‘concrete measures’ before joining Nato

    Ankara seeks further action against extremists as parliament reconvenes to consider accession request

    Cevdet Yılmaz
  • Wednesday, 27 September, 2023
    InterviewTurkish economy
    Turkey’s finance minister says ‘challenging’ conditions will take time to turn around

    Mehmet Şimşek claims Erdoğan has thrown ‘support and commitment’ behind recent interest rate increases

    Mehmet Şimşek speaks to journalists
  • Tuesday, 26 September, 2023
    Industrial metals
    Glencore traded thousands of tonnes of Russian copper through Turkey

    Shipments via third countries obscure Europe’s true reliance on Russian commodities

    A worker inspects copper cathode and anode sheets in an electrolytic tank at the Uralelectromed copper refinery, Verkhnyaya Pyshma, Russia
  • Thursday, 21 September, 2023
    Turkish economy
    Turkey raises interest rates for fourth time since June

    Central bank lifts borrowing costs to 30% as part of efforts to tackle high inflation

    Central bank chief Hafize Gaye Erkan
  • Monday, 18 September, 2023
    Gönül Tol
    Autocracy not reform remains Erdoğan’s recipe for Turkey

    As the 100th anniversary of the republic approaches, the west should take care not to assist in the burial of democracy

    A middle-aged man in a suit stands at a poudium
  • Sunday, 17 September, 2023
    Global trade
    Turkey floats alternative to G20’s India-Middle East trade corridor plan

    Ankara seeks to emphasise its traditional role as a route for goods moving from Asia to Europe

    Recep Tayyip Erdoğan, president of Turkey, speaks to media
  • Sunday, 10 September, 2023
    Cyber Security
    Influx of Russian fraudsters gives Turkish cyber crime hub new lease of life

    Émigré hackers fleeing Putin’s military conscription prompts surge in activity involving stolen financial data

  • Thursday, 7 September, 2023
    Turkish economy
    Turkey’s economic revamp draws foreign investors back to its markets

    VakifBank bond and Ebebek IPO show overseas funds willing to test waters after deserting country in recent years

    Pedestrians pass a VakifBank branch in Istanbul, Turkey
  • Wednesday, 6 September, 2023
    Central banks
    Erdoğan abandons cheap money to counter Turkey’s soaring inflation

    President vows to use ‘tight monetary policy’ in sharp about-turn

    Turkish president Recep Tayyip Erdoğan
  • Monday, 4 September, 2023
    Europe Express
    Italy’s Tajani heads to Beijing to discuss Belt and Road Premium content

    Also in this newsletter: Can Erdoğan convince Putin to resuscitate the Ukraine grain deal?

    A
  • Thursday, 31 August, 2023
    Turkish economy
    Turkish spending boom fuels strong expansion of economy

    GDP growth of 3.8% beats forecasts on back of post-earthquake reconstruction and credit-fuelled consumption

    A shopper at a clothing store in Istanbul
  • Friday, 25 August, 2023
    Haci Omer Sabanci Holding AS
    Prominent members of Turkey’s Sabancı family injured in boat accident

    Ali Sabancı and Vuslat Doğan Sabancı being treated in hospital

    Ali Sabancı giving a speech
  • Thursday, 24 August, 2023
    Turkish economy
    Turkey raises interest rates as it steps up decisive shift in economic policy

    Central bank continues to unwind unorthodox position favoured by Erdoğan as it seeks to stem runaway inflation

    A shopper browses garments in Istanbul
  • Thursday, 24 August, 2023
    Capital markets
    Turkey leads London and Milan in 2023 IPO race

    Companies raise nearly $2bn on Borsa Istanbul as they tap into retail trading frenzy

    A workers looks at screens at the Istanbul stock exchange
  • Sunday, 20 August, 2023
    Turkish economy
    Turkey backs away from foreign currency protected savings accounts

    Erdoğan continues retreat from unconventional economic policies that stoked inflation crisis

    US dollars being exchanged for lira
  • Tuesday, 15 August, 2023
    Turkish politics
    Istanbul mayor announces re-election bid in challenge to Erdoğan

    Ekrem İmamoğlu seeks to win race seen as crucial signal of opposition’s ability to counter Turkish president

    Ekrem İmamoğlu
  • Friday, 11 August, 2023
    Turkish economy
    Turkey gains current account surplus after surge in tourism

    Figure for June is first time country’s balance of payments has not recorded a deficit since 2021

    Tourists on a beach in Bodrum, Turkey
  • Saturday, 5 August, 2023
    News in-depth
    Cheap deals and weak lira boost Turkey’s tourist appeal

    Visitor numbers rising but those in the sector say cost of living crisis means travellers are spending less once they arrive

    Holidaymakers watch each other  jump from rocks into the sea in Antalya, Turkey
  • Thursday, 3 August, 2023
    Turkish economy
    Turkey’s inflation rate jumps to almost 50%

    Weak lira and government’s stimulus programme push prices higher, adding to strain on consumers

    Pedestrians pass a clothing store advertising a sale in Istanbul, Turkey
  • Wednesday, 2 August, 2023
    Turkish economy
    Runaway inflation fuels blistering rally in Turkey’s stock market

    Locals seek shield from rising prices in equities while president Erdogan’s pivot to ‘rational’ policymaking lures foreign buyers

    People shop at a fresh market in Istanbul, Turkey
  • Tuesday, 1 August, 2023
    Gold
    Rich Turkish buyers help prop up gold price as bank buying slows

    Demand for bars rises 7% in three months thanks to corporates and wealthy individuals

  • Friday, 28 July, 2023
    LexTurkish economy
    Turkey: risk takers dip their toes into the equity market Premium content

    International investors are alert to signs that Erdoğan is finally addressing the country’s ills

    Turkish President Tayyip Erdogan
  • Friday, 28 July, 2023
    Turkey shakes up central bank as part of shift to mainstream approach

    Three deputy governors recruited to work alongside recently appointed bank chief Hafize Gaye Erkan

    Hafize Gaye Erkan
  • Thursday, 27 July, 2023
    Turkish economy
    Turkish central bank predicts inflation will soar close to 60% by year-end

    Central bank has doubled interest rates in past two months but many economists say more must be done

    Hafize Gaye Erkan
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