Turkey - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012

Turkey

Turkey

November 12, 2026

Ankara 1:20 pm

14°C

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

Syria's Foreign Minister Walid al-Moualem listens to EU foreign policy chief Catherine Ashton (R) as they wait for lunch during a break in the Geneva-2 peace talks in Montreux January 22, 2014. Syria's government and opposition, meeting for the first time, angrily spelled out their mutual hostility on Wednesday at a U.N. peace conference where world powers also offered sharply divergent views on forcing out Bashar al-Assad. REUTERS/Arnd Wiegmann (SWITZERLAND - Tags: CIVIL UNREST POLITICS CONFLICT) - RTX17PZ

Moallem: Aleppo proposal a response to Kerry's call for local cease-fires

In an exclusive interview with Al-Monitor, Syrian Deputy Prime Minister and Minister of Foreign Affairs and Expatriates Walid Moallem said he proposed a plan for ending military operations in Aleppo last week in response to US Secretary of State John Kerry's appeal for a cease-fire there.

Israeli soldiers look across the border to Syria in the Israeli-occupied Golan Heights August 30, 2013. Israel ordered a small-scale mobilisation of reservists on Wednesday and strengthened its missile defences as precautions against possible Syrian attack should Western powers carry out threatened strikes on Syria. REUTERS/Ronen Zvulun (MILITARY POLITICS) - RTX131QH

Israel recognizes Assad's staying power

Israel shifts its strategic posture, recognizing that Syrian President Bashar al-Assad is staying on and that a jihadist alternative would be even worse.

Patriot missile batteries are pictured at their positions near the city of Kahramanmaras, February 23, 2013. Germany's defence minister inspected Patriot missile batteries close to the Syria-Turkey border on Saturday and said they delivered a "clear warning" to Damascus that NATO would not tolerate missiles being fired into Turkey. Thomas de Maiziere and his Dutch counterpart Jeanine Hennis-Plasschaert travelled to the Turkish cities of Adana and Kahramanmaras to inspect the batteries provided by their coun

Syria-bound trucks put spotlight on Turkey

Turkish opposition politicians and many in the public are questioning why trucks associated with Turkish intelligence may have been carrying arms to radical groups in Syria.

Turkish intelligence service trucks reveal secrets

Did trucks linked to Turkey’s National Intelligence Organization facilitate the smuggling of weapons to rebel forces in Syria?

Peace and Democracy Party (BDP) Co-chairman Selahattin Demirtas addresses members of the parliament from his party and audience members during a meeting at theTurkish parliament in Ankara January 8, 2013. REUTERS/Umit Bektas (TURKEY - Tags: POLITICS) - RTR3C7GS

Kurdish movement worries crisis in Turkey might undo the 'peace process'

The Kurdish movement is giving conditional support to Erdogan and his party, which are experiencing a serious legitimacy crisis as a result of corruption and bribery allegations.

Turkey's Prime Minister Tayyip Erdogan greets his supporters as he arrives for a meeting at the parliament in Ankara January 14, 2014. Erdogan looks to have the upper hand in a civil war rocking Turkey's political establishment, but his bid to break the influence of a potent Islamic cleric could roll back reforms and undermine hard-won business confidence. What erupted a month ago as a damaging inquiry into alleged government corruption has spiralled into a battle over the judiciary with potentially much fu

Erdogan vs. Gulen: Who has God on his side?

Political secularism may be the best path to moderation.

Russia, Iran set stage for Geneva II; Turkey’s slow turnaround on Syria

Russian and Iranian diplomacy have helped shape the Geneva II agenda to include a cease-fire, humanitarian relief and counterterrorism in Syria.

Turkish Foreign Minister Ahmet Davutoglu (R) helps Iranian Foreign Minister Mohammad Javad Zarif to stand during a news conference in Ankara November 1, 2013. Turkey and Iran said on Friday they had common concerns about the increasingly sectarian nature of Syria's civil war, signalling a thaw in a key Middle Eastern relationship strained by stark differences over the conflict. Davutoglu expressed his appreciation to Zarif at the start of the news conference for travelling to Turkey despite suffering from b

Turkey shifts toward Iran on Syria

Turkey is resetting its relations with Iran, including over Syria.

A tourist visits the the Chogha Zanbil Ziggurat near Susa, in Khuzestan province, southwestern Iran September 29, 2011. Picture taken September 29, 2011. REUTERS/Raheb Homavandi (IRAN - Tags: SOCIETY TRAVEL) - RTR2S198

Iran’s tourism industry struggles to meet growing demand

While Iranian officials have stated they plan to grow Iran's tourism industry, challenges such as investment, visa requirements and cultural issues must be addressed.

Syrian Kurds practise reading the Kurdish language at a school in Derik, Al-Hasakah October 31, 2012. Iraqi Kurdish President Masoud Barzani warned Kurds in Syria against being sucked into the "fires of discord," urging them to preserve Kurdish unity as tensions between rival factions threaten to spillover into violence. Syria's Kurds see the war ravaging their country as an unprecedented opportunity to gain the kind of freedoms enjoyed by their ethnic kin in neighbouring Iraq, where they live autonomously

Syrian government introduces Kurdish in universities

The Syrian regime has offered another carrot to the Kurdish minority: the Kurdish language as a university course.

Turkey's historical Maiden's Tower is seen on the Bosphorus with the city's skyscrapers in the background, in Istanbul August 28, 2013. Along the picturesque Bosphorus Straits dividing Europe and Asia, Istanbul is undergoing a transformation which should fill Turkey with confidence in its bid to become the first Muslim country to stage the Olympics in 2020. Overlooking the waterway, mechanical diggers are tearing down Besiktas' Inonu Stadium to make way for a state-of-the-art facility earmarked to stage rug

Istanbul's skyline betrayed

A generation that professes to worship the Ottomans betrayed Istanbul by destroying its silhouette with high-rises.

US Deputy Secretary of State William J. Burns listens during a press conference at the US Department of the Treasury July 11, 2013 in Washington, DC. Officials from the United States and China are meeting to discus the two world powers' relationships during the 5th United States and China Strategic and Economic Dialogue. AFP PHOTO/Brendan SMIALOWSKI (Photo credit should read BRENDAN SMIALOWSKI/AFP/Getty Images)

Burns to Al-Monitor: 'No illusions' about nuclear diplomacy with Iran

In an exclusive interview, Deputy Secretary of State William Burns discusses leading the US back channel to Iran, the upcoming Geneva II conference on Syria, the role of secret diplomacy and 32 years in the US foreign service.