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Turkey

Turkey

November 12, 2026

Ankara 4:31 am

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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

Market pressure keeps Babacan in new Turkish Cabinet

Turkey’s much-respected economy chief, Ali Babacan, retains his post in Turkey’s new Cabinet despite in-house tensions, in a sign that the ruling party cannot afford unnerving international investors.

Residents of Tabqa city and Islamic State militants tour the streets in celebration after Islamic State militants took over Tabqa air base in northeast Syria August 24, 2014. Islamic State militants stormed the air base in northeast Syria on Sunday, capturing most of it from government forces after days of fighting over the strategic location, a witness and a monitoring group said. Fighting raged inside the walls of the Tabqa air base, the Syrian army's last foothold in an area otherwise controlled by IS, w

US gives new priority to foreign fighters in Syria

US regional allies, including Turkey, may finally be forced to crack down on extremists in Syria.

A Iraqi Turkmen Shiite fighter, who volunteered to join the government forces, runs for cover on August 4, 2014 in Amerli, some 160 kilometres (100 miles) north of Baghdad, as the city has been completely surrounded by Islamic State (IS) Sunni militants for more than six weeks. Residents say a humanitarian disaster is imminent in the town, which has been without power and drinking water for days. IS fighters, who run large swathes of neighbouring Syria, launched a blistering offensive on June 9 that saw the

Iraq's Sunni, Shiite Turkmens fall out over IS

The six-week Islamic State siege of the Shiite Turkmen town of Amerli has exposed the little-discussed rift between Iraqi Shiites and Sunni Turkmens.

Turkish Prime Minister Ahmet Davutoglu greets his supporters as he leaves Kocatepe Mosque after Friday prayers in Ankara August 29, 2014. Davutoglu announced a new cabinet on Friday keeping key members of the economic management team in place and appointing the man who has managed Ankara's affairs with Europe as foreign minister. REUTERS/Umit Bektas (TURKEY - Tags: POLITICS) - RTR448EI

Good news from Davutoglu: a rational economy

Is the new AKP government abandoning anti-Western and anti-liberal economic tendencies?

Member of parliament (MP) from the main opposition Republican People's Party (CHP) Ali Ihsan Kokturk's nose bleeds as MPs from the ruling AK Party (AKP) and CHP scuffle during a debate on a draft law which will give the government tighter control over the appointment of judges and prosecutors, at a parliamentary session in Ankara early February 15, 2014. REUTERS/Stringer (TURKEY - Tags: POLITICS CIVIL UNREST TPX IMAGES OF THE DAY) - RTX18UO8

Are Turkey's top judges 'assassins'?

Turkey’s new president's statements indicate that he is preparing for an assault on the judiciary.

Turkey's Energy Minister Taner Yildiz (L) shakes hands with his Azeri counterpart Natik Aliyev during a signing ceremony in Istanbul May 30, 2014. Turkey's state oil company TPAO signed a deal on Friday to acquire French energy company Total's 10 percent stake in Azerbaijan's Shah Deniz gas project, at a signing ceremony in Istanbul. The agreement increases TPAO's stake in the project to 19 percent from a previous 9 percent, while Total exits the project. Financial details of the agreement were not disclose

Looking to Europe, Turkey increases investment in Azeri gas

Turkey paid the French company $1.45 billion to increase its share in gas from Azerbaijan’s Shah Deniz-2 gas field from 9% to 19%.

People wave Kurdish flags and hold up a picture of jailed Kurdish militant leader Abdullah Ocalan (C) of the Kurdistan Workers Party (PKK) during a gathering celebrating Newroz, which marks the arrival of spring and the new year, in Diyarbakir March 21, 2014. Ocalan called on the Turkish government on Friday to create a legal framework for their peace talks, whose fate is looking increasingly uncertain a year after he called a ceasefire by his fighters. Tens of thousands gathered in Diyarbakir, the largest

Is PKK becoming a new Middle East power?

Turkey’s Kurdish movement is proving to be the only force resolved to fight the Islamic State, while boosting its political might in Turkey.

Displaced Syrian families gather next to a Turkish watchtower as they hope to cross the border into Turkey near the northern Syrian village of Shamarin, in the rebel-held province of Aleppo, on February 5, 2014. Children enduring the war in Syria have suffered terrible abuses, with the government and allied militia responsible for many killings, maiming and torture, according to a grim UN report. AFP PHOTO / BARAA AL-HALABI (Photo credit should read BARAA AL-HALABI/AFP/Getty Images)

In new roles Erdogan, Davutoglu tackle regional challenges

Doubt is spreading that the new administration in regionally isolated Turkey will rise to meet its long list of formidable challenges that require international cooperation.

Turkish Foreign Minister Ahmet Davutoglu (2nd-R) is congratulated after being named prime minister and leader of the Justice and Development Party (AKP) during a party meeting in Ankara on August 21, 2014. Turkey's president-elect Recep Tayyip Erdogan named Davutoglu to succeed him as ruling party leader and prime minister, promoting an ally who is expected to show unstinting loyalty to the new head of state. AFP PHOTO/ADEM ALTAN (Photo credit should read ADEM ALTAN/AFP/Getty Images)

What exactly is the 'New Turkey?'

The “New Turkey” that President-elect Recep Tayyip Erdogan hails in every speech simply refers to a Turkey ruled by religious conservatives.

A Turkish flag decorates a grocer's stand on a street in Istanbul November 10, 2007. Turks throughout the country observed a minute of silence when sirens went off, marking the 69th death anniversary of Mustafa Kemal Ataturk, founder of modern Turkey. Ataturk, the first president of Turkey from 1923 and founder of the modern secular state, died on November 10, 1938. He was 57. REUTERS/Fatih Saribas (TURKEY) - RTX6CA

Russian bonanza or ‘Russian roulette’ for Turkey?

With Turkey’s agricultural output already hit by drought, a deal to increase agricultural exports to Russia threatens to fuel the country’s unruly inflation.

Iraqi Deputy Foreign Minister Nizar al-Khairallah (R) greets Lebanon's Foreign Minister Gebran Bassil (L) at the Baghdad airport in Baghdad, August 18, 2014. REUTERS/Ali Abbas/Pool (IRAQ - Tags: POLITICS) - RTR42T21

Baghdad welcomes Lebanese, but they don't see eye to eye

The Lebanese delegation to Baghdad offers diplomatic help to confront the Islamic State (IS), but it seems both parties have different priorities.

Social media backs Turkish MP’s threat to throw her shoe

A female opposition member of Turkey’s parliament takes social media by storm after threatening to throw her shoe at ruling party deputies.