Turkey: Flash floods kill 3, paralyze Istanbul after record downpour Heavy rains stranded hundreds, blocking major roads and disrupting air and public transportation, flooding buildings and forcing school closures across Istanbul province. Turkey
Analysis Pragmatic politics: Why Turkey avoids blaming Russia for Black Sea attacks Beyond economics, Ankara’s approach is also shaped by maintaining its role as an indispensable mediator between the Kremlin and the West. By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
Erdogan aide named suspect in Turkey financial scandal Former AKP deputy chairwoman Fatma Betul Sayan Kaya is facing allegations of being linked to a market manipulation scandal. Turkey
Analysis Turkey’s $20B fund crisis: Who profited, and who will pay? Opposition parties are demanding immediate government compensation for affected investors, who face up to a six-month wait as independent banks oversee the asset liquidations. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Analysis Can Turkey’s Bashiqa withdrawal pave the way for deeper Iraq ties? By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
Ankara frees Amnesty International chair Amnesty International's Turkey chair Taner Kilic was finally freed today as Turkey looks to Europe for help with its financial woes. Turkey
Erdogan sneers at Trump as Turkey lines up new friends Turkish President Recep Tayyip Erdogan lashed out at US President Donald Trump in what some analysts say is a bid to scapegoat the United States for an impending economic collapse, but he's more likely motivated by the ongoing probes into Turkey's Halkbank. Turkey
Mainstream Turkish media turn blind eye to country’s worst currency crisis Although Turkey is suffering one of the worst currency crises in its history, no single mainstream Turkish media outlet has covered the development. Turkey
Despite its tough rhetoric, Turkey seeks way out of pastor impasse President Recep Tayyip Erdogan says there is no problem with Washington that can’t be solved by focusing on the strategic partnership. Turkey
Turkey’s economy struggles with new political reality Turkey’s economic downturn has only grown worse since President Recep Tayyip Erdogan assumed sweeping new powers after the June polls, as some observers fear that the economy might not be Ankara’s primary concern. Turkey
Turkey declines to raise interest rates, sending lira on another tumble Turkey's Central Bank has decided to keep interest rates where they are, surprising investors and dashing hopes that Turkish policies might evolve to meet the country's dismal economic reality. Turkey
Turkey’s battered lira takes another hit Turkey's currency has sunk to a record low after President Recep Tayyip Erdogan said he expects interest rates to fall despite warnings a crisis looms as the country struggles under its burden of debt. Turkey
Erdogan son-in-law takes Finance Ministry post with promises, hush orders Turkey’s newly re-elected President Recep Tayyip Erdogan has promoted his son-in-law in law to finance minister among other steps to tighten control over the country's economic policies. Turkey
The unorthodox theory behind Erdogan's monetary policy Economists and investors are not buying the controversial economic theory invoked by Turkey’s president to justify low interest rates in the face of high inflation and the lira's collapse. Turkey
Bowing to market pressure, Turkey's Central Bank hikes rates The Turkish currency's nosedive continues, with the nation's Central Bank hamstrung by President Recep Tayyip Erdogan's resistance to intervention. Turkey
Turkish lira in tailspin as Erdogan spooks investors Clinging to unorthodox economic views, Turkey’s president has effectively paralyzed the central bank as the Turkish lira’s meltdown continues, threatening major economic turmoil. Turkey
Turkey welcomes back foreign cash, no questions asked Scrambling to ease a bruising hard currency crunch, the Turkish government has enacted a wealth amnesty bill that opens the door to the repatriation of shadowy money from abroad. Turkey
