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Turkey

Turkey

September 18, 2026

Ankara 10:09 pm

18°C

Traders work at their desks on the floor of the Borsa Istanbul

Turkey detains finance executives amid market turmoil

Several prominent Turkish finance executives were swept up by authorities on Thursday amid efforts to contain a market rout that has exposed strains in the country’s investment-fund industry.

Vyacheslav PROKOFYEV / AFP via Getty Images

Turkey's Erdogan to run for 'final' third term in 2028, adviser says

If Turkey's parliament votes to move the next election up during President Recep Tayyip Erdogan’s second term, he could constitutionally run for third.

People swim next to the Russian-flagged cargo ship OMSKIY-107, which was attacked off the Black Sea coast and eventually ran aground off the shore of the Sile district, Istanbul, Sept. 3, 2026.

Why Turkey has few options to protect Black Sea shipping

The Russia-Ukraine drone war is hitting Turkish commercial interests, exposing the limits of Ankara’s ability to protect shipping while remaining outside the conflict.

Fighters loyal to the Houthi authorities gather during a rally to recruit more fighters in Sanaa on Sept. 10, 2026.

Analysis

Saudi Arabia's Houthi crisis tests alliances with Trump, Turkey and Pakistan

As the Houthis tighten their grip on the Bab al-Mandeb, Saudi Arabia is turning to new regional alliances while Washington resists calls to intervene.

Amberin Zaman

By Amberin Zaman

Reporting on geopolitics, minorities, human rights, culture

Latest News

Turkey’s defense giants court Egypt at Alamein Airshow: What to know

El Alamein International Airshow

Russia to give Turkey preferential fertilizer access amid Hormuz supply crunch

In this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin and Turkey's President Recep Tayyip Erdogan hold a meeting on the sidelines of the Shanghai Cooperation Organisation (SCO) summit in Bishkek on September 1, 2026. (Photo by Kristina Solovyova / POOL / AFP via Getty Images)

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

Biden and Erdogan in 2014

Meeting with Biden looms as critical test for Erdogan

Turkey’s relationship with the United States poses the toughest test for Erdogan in the coming period, bound to sway both his foreign policy and political alliances at home.

Vendors sell dry food as people shop by a banner reading "No to Inflation" near the New Mosque area in Istanbul's Eminonu district on Nov. 6, 2018. Inflation in Turkey surged to over 25% in October from the same period the year earlier, the highest annual rate for over 15 years, official statistics showed on Monday. Prices have soared in Turkey over the last months as the lira came under pressure, stoking fears over the long-term economic health of the country.

Turkish lira remains volatile after surprise dip in inflation data

Turkey’s annual inflation unexpectedly dropped to 16.59% in May, according to data published Thursday. The news did not steady the nation’s currency, which slid on market concerns over an early interest rate cut.

Sedat Peker

Turkish mobster’s revelations extend to arms shipments to Syria

Turkish crime boss Sedat Peker speaks out about arms shipment to radical rebels in Syria in his latest barrage of allegations against figures close to the government.

Turkish President Recep Tayyip Erdogan delivers a speech after a signing ceremony with Libyan Government of National Unity Prime Minister at the Presidential Complex in Ankara, on April 12, 2021.

Erdogan threatens to strike refugee camp inside Iraq

The rhetoric against Makhmour, a settlement where residents are overwhelmingly sympathetic to the Kurdistan Workers Party, could be part of a strategy to divert attention away from economic problems at home.

ADEM ALTAN/AFP via Getty Images

Foreign companies reinforce control over Turkey's tobacco sector

A major tobacco producer historically, Turkey has ceded its cigarette industry to foreign companies.

NATO Secretary General Jens Stoltenberg speaks during a joint press conference with Serbian President (unseen) after their bilateral meeting at the Nato Alliance's headquarters in Brussels on May 17, 2021.

Turkey’s persistent watering down of anti-Russian language leaves NATO in bind

Ankara defends its position on Moscow on the grounds that it has to manage its relationship with its powerful northeastern neighbor.

Turkish President Recep Tayyip Erdogan (L) welcomes Poland's President Andrzej Duda (R) ahead of their meeting at the Presidential Complex in Ankara, on May 24, 2021.

With ties with West strained, Turkey gets lifeline from Poland

Drawing on his rapport with the Polish president and a landmark drone deal with Warsaw, Erdogan seems to be aiming at two goals — strengthening his hand in NATO and having a close ally within the European Union.

A photograph taken on May 26, 2021 in Istanbul shows on a mobile phone Sedat Peker speaking on his youtube channel.

Arrest warrant issued for exiled mobster who promises to 'ruin' Turkish officials

Turkish prosecutors issued an arrest warrant Thursday for exiled mobster Sedat Peker, whose video exposes have implicated high-level officials and left ruling party insiders struggling to respond.

Derya Yanik

Why women are calling for Turkey's only female cabinet member to resign

The Turkish minister of family and social affairs' description of a domestic violence uptick as “tolerable” is seen as emblematic of government efforts to underestimate gender-based violence and femicides in the country.

Erdogan speaks at parliament

Erdogan swats aside mobster, stands behind interior minister

President Recep Tayyip Erdogan backs his interior minister, who has been facing allegations made by a Turkish mobster living abroad, and says he will not call early elections.

Leader of Turkey's Iyi (Good) Party and presidential candidate Meral Aksener arrives at Bayrampasa to address supporters during a rally on June 21, 2018, in Istanbul, Turkey.

Turkey's opposition faces upsurge of physical attacks as Erdogan gloats

Recep Tayyip Erdogan’s open endorsement of a mob attack on a prominent opposition leader indicates the extent of immunity for assaults on opposition in Turkey.

Members of the Panamanian National Aeronaval Service of Panama (SENAN) organize packages of seized drugs in Panama City on May 18, 2109. The SENAN seized 1.5 tons of cocaine inside a container that had Turkey as its final destination at the Cristobal container port in Colon.

Mobster’s claims turn spotlight to new cocaine route via Turkey

A spree of rattling allegations by a Turkish mobster has brought into focus the increase in cocaine trafficking in Turkey and its domestic and international ramifications.