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Turkey

Turkey

November 11, 2026

Ankara 11:29 pm

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People walk past a Bitcoin sign at the entrance of a cryptocurrency exchange office on Nov. 8, 2024, in Istanbul, Turkey.

Watchdog urges Turkey to tighten digital asset rules for $144B crypto economy

A review of Turkey’s crypto-asset regulations by the Financial Stability Board acknowledged significant progress made by local authorities but called for further measures to address potential risks.

Turkish President Recep Tayyip Erdogan (L) and Central Bank Governor Sahap Kavcioglu attend a signing ceremony with Abu Dhabi’s crown prince, Sheikh Mohammed bin Zayed Al Nahyan at the Presidential Complex in Ankara on Nov. 24, 2021. ADEM ALTAN/AFP via Getty Images

Turkey’s banking watchdog chief submits resignation amid fund scandal

Turkey’s government is facing growing criticism over regulators’ failure to prevent a fund scandal involving more than $20 billion.

Chris McGrath/Getty Images

Explainer

Iran war pushes up coal use, complicating Turkey’s COP31 pledge

Turkey is asking world leaders at COP31 to back a global push to use more electricity, even as the Iran war has driven up natural gas prices and pushed some power producers back to coal.

Latest News

Turkey bars MP’s wife from travel after his fund scandal criticism: What to know

OZAN KOSE/AFP via Getty Images

Steel factory explosion in western Turkey kills at least 16

A steel worker works in front of giant iron melting pot in Kardemir Iron and Steel Factory in Karabuk, northwestern Turkey, Aug. 26 2005. (TARIK TINAZAY/AFP via Getty Images)

Analysis

Will Democrats block Trump’s push to deliver Turkey F-35s, lift sanctions?

MEHMET ESER/Middle East Images/AFP via Getty Images

Barin Kayaoglu

By Barin Kayaoglu

In Ankara, reporting on geopolitics and national security

Samuel Wendel

Senior Analyst, Middle East Business & Tech

In Washington, DC, reporting on regional business and tech

Amberin Zaman

Chief Correspondent

Reporting on geopolitics, minorities, human rights, culture

Jack Dutton

Chief Business Correspondent

In Bristol, reporting on regional business, climate change, AI, tech

Ezgi Akin

Associate Editor (Turkey)

In Ankara, reporting on diplomacy, EU-Turkey ties, NATO

Francesco Schiavi

In Bologna, reporting on security, defense, economy, governance

Barin Kayaoglu

In Ankara, reporting on geopolitics and national security

A money changer counts Turkish lira bills at a currency exchange office in central Istanbul January 29, 2014. Turkish Finance Minister Mehmet Simsek played down the impact on growth of a sharp hike in interest rates on Wednesday, saying the economy would have suffered greater damage from a loss of faith in the central bank. The bank raised all its key interest rates in dramatic fashion at an emergency policy meeting late on Tuesday, ignoring opposition from Prime Minister Tayyip Erdogan as it battles to def

How will Turkey explain $4.3 billion in unidentified foreign currency?

Is it a coincidence that an unexpected gush of foreign funds from unidentified sources occurs in election periods?

Protesters march during a demonstration to mark the eighth anniversary of the killing of Turkish-Armenian editor Hrant Dink as they carry his portrait in Istanbul January 19, 2015. Editor of the bilingual Turkish-Armenian weekly Agos and Turkey's best known Armenian voice abroad, Dink was shot in broad daylight in a busy Istanbul street as he left his office. Dink had angered Turkish nationalists with articles on Armenian identity and references to a Turkish "genocide" of Christian Armenians in 1915 - which

AKP's stance on Armenians worries Christians

The AKP's initial attempts to normalize with Armenia had melted some of the frost with the region's Christians. But Arab uprisings where Christians were targeted by radical groups supported by Turkey shattered that positive atmosphere.

Selahattin Demirtas, co-chairman of the pro-Kurdish Peoples' Democracy Party (HDP), greets his supporters during an election rally for Turkey's June 7 parliamentary elections in Istanbul April 12, 2015. REUTERS/Osman Orsal - RTR4X0EJ

Turkish army clashes with PKK

The Turkish government is accused of deploying troops in a plan to break the cease-fire with the Kurdistan Workers Party.

Pope Francis (L) embraces Catholicos of All Armenians Karekin II during a mass on the 100th anniversary of the Armenian mass killings, in St. Peter's Basilica at the Vatican April 12, 2015. Pope Francis on Sunday commemorated the 100th anniversary of the massacre of as many as 1.5 million Armenians as "the first genocide of the 20th century," words that could draw an angry reaction from Turkey. REUTERS/Tony Gentile TPX IMAGES OF THE DAY - RTR4WZDR

Turkey angered by pope's use of 'G-word’

Turkey also now worries that US President Barack Obama will follow Pope Francis and address the issue of the Armenian genocide 100 years ago.

University students shout anti-government slogans during a protest against Turkey's High Education Board in Istanbul November 6, 2013. REUTERS/Osman Orsal (TURKEY - Tags: CIVIL UNREST POLITICS EDUCATION) - RTX152FB

Turkish students' Jedi temple protest

Students in Turkey are mobilizing anonymously by using clever online petition tools to advocate for the construction of Buddhist and Jedi temples on campus.

Turkey's Prime Minister Tayyip Erdogan greets his supporters during the Extraordinary Congress of the ruling AK Party (AKP) to choose a new leader of the party, ahead of his inauguration as president, in Ankara August 27, 2014. Turkish president-elect Erdogan said on Wednesday he would ask incoming prime minister Ahmet Davutoglu to form a new government on Thursday, and a new cabinet of ministers would be announced the following day. REUTERS/Umit Bektas (TURKEY - Tags: POLITICS) - RTR43YHW

How does the AKP pick its candidates?

The ruling Justice and Development Party's list of candidates for the Turkish parliament is based on simple criteria: loyalty and obedience to the president.

Selahattin Demirtas, co-chairman of the pro-Kurdish Peoples' Democracy Party (HDP), addresses his party members as he starts his campaign for Turkey's June 7 parliamentary elections, during a meeting in Ankara April 10, 2015. REUTERS/Umit Bektas - RTR4WSQ9

Turkey's minorities join race for parliament

An unprecedented number of minority candidates will run in Turkey’s June 7 general elections, promising representation for ethnic and religious communities after decades of parliamentary absence.

Syriac Christian monks attend a service at the ancient monastery of Mor Gabriel, 15 km (9 miles) away from the town of Midyat, in Mardin province of southeast Turkey January 13, 2009. Tucked amid rugged hills where mosques and minarets are silhouetted in the distance, the fifth century Mor Gabriel monastery stands out as a relic of another era when hundreds of thousands of Syriac Christians lived and worshipped in Turkey. But a land dispute between Mor Gabriel and neighbouring villages is threatening the mo

Syriacs commemorate their massacre

While the world prepares to commemorate what has become known as the Armenian genocide, the Syriacs are still struggling for international recognition of the massacre of members of their community in 1915.

Iran's President Hassan Rouhani (L) walks with Turkish President Recep Tayyip Erdogan (C) during an official welcoming ceremony following the latter's arrival at the Saadabad Palace in Tehran on April 7, 2015, for an official one-day visit as the two countries criticized each other in recent weeks on their respective policies in the region. AFP PHOTO/ATTA KENARE (Photo credit should read ATTA KENARE/AFP/Getty Images)

How will Turkey benefit from lifting of Iran sanctions?

Turkey faced substantial losses with declining exports to Iran because of the embargo. Now that easing of sanctions is a possibility, however, political ambitions and contradictory positions may impede recovery.

People attend a religious service marking the anniversary of mass killings of Armenians in the Ottoman Empire in 1915, at an Armenian church in Tbilisi April 24 2012. Armenia, backed by many historians and parliaments, says about 1.5 million Christian Armenians were killed in what is now eastern Turkey during World War One in a deliberate policy of genocide ordered by the Ottoman government. Successive Turkish governments and the vast majority of Turks feel the charge of genocide is an insult to their natio

What was behind the ethnic cleansing of Armenians?

If Turkish society would develop a more emphatic view of the ethnic cleansing of Armenians, this will happen not due to any foreign pressure, but rather due to some honest self-criticism based on authentic values — such as those presented by Islam.

Iran's President Hassan Rouhani (R) holds hands with Turkish President Recep Tayyip Erdogan (C) as they walk during an official welcoming ceremony following the latter's arrival at the Saadabad Palace in Tehran on April 7, 2015, for an official one-day visit as the two countries criticized each other in recent weeks on their respective policies in the region. AFP PHOTO/ATTA KENARE (Photo credit should read ATTA KENARE/AFP/Getty Images)

Erdogan focuses on trade during Iran visit

Despite a red-carpet welcome to Tehran, where meetings between the Turkish president and Iranian officials focused on economic ties, the uproar around Recep Tayyip Erdogan's incendiary remarks about Iran continued unabated.

Iran's President Hassan Rouhani shakes hands with Turkish Prime Minister Tayyip Erdogan after a news conference in Ankara June 9, 2014. REUTERS/Umit Bektas (TURKEY - Tags: POLITICS) - RTR3SXID

Turkey reluctantly welcomes Iran deal

Observers say Iran deal will increase Tehran’s regional influence at a time when Ankara’s influence has waned.