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Turkey

Turkey

September 20, 2026

Ankara 5:32 am

16°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

Turkish Finance Minister Berat Albayrak (C) casts his ballot at a polling station on June 23, 2019, during the mayoral election re-run in Istanbul, next to Turkish President Recep Tayyip Erdogan (rear L) and his wife Emine (rear 2nd L). - Istanbul went back to the polls on June 23, 2019 in a re-run of the mayoral election that has become a test of Turkish democracy as well as Turkish President's continued popularity at a time of economic trouble. (Photo by Adem ALTAN / AFP) (Photo credit should read

No love left for Erdogan’s son-in-law

The resignation of the Turkish president's son-in-law Berat Albayrak as finance minster has elated journalists, bureaucrats and academics as well as elites in the ruling party.

Newly appointed Treasury and Finance Minister Lutfi Elvan (L) speaks to media after attending a ceremony marking the 82th death anniversary of Mustafa Kemal Ataturk at the mausoleum in Ankara on November 10, 2020. - Turkey's lira surged to its biggest gain in two years on November 9, 2020, after President Recep Tayyip Erdogan's powerful son-in-law quit as finance minister following the abrupt appointment of a new central bank chief. (Photo by Adem ALTAN / AFP) (Photo by ADEM ALTAN/AFP via Getty Images)

Amid market tumult, Erdogan appoints new finance minister

Investors are watching for policy shifts as Turkey’s Former Deputy Prime Minister Lutfi Elvan takes the helm of the nation’s Finance Ministry following the surprise resignation of President Recep Tayyip Erdogan’s son-in-law Berat Albayrak.

Turkey's Erdogan finally congratulates Biden

Turkish President Recep Tayyip Erdogan took more time than other regional leaders to congratulate Joe Biden on his projected victory in the US presidential elections. The two men have a complicated past.

A woman holds the national flag and a portrait of Azerbaijan's President Ilham Aliyev as people celebrate in the streets of the capital Baku on November 10, 2020, after Armenia and Azerbaijan agreed a ceasefire following a string of Azeri victories in fighting over the disputed Nagorno-Karabakh region. - Armenia and Azerbaijan agreed on a deal with Russia to end weeks of fierce clashes over Nagorno-Karabakh on November 10, 2020, after a string of Azerbaijani victories in its fight to retake the disputed re

Russia leaves little room for Turkey in Azeri-Armenian truce

The terms of the Russian-sponsored deal between Azerbaijan and Armenia speak of Moscow’s reluctance to let Turkey increase its influence in the region.

Turkish Treasury and Finance Minister Berat Albayrak addresses a press conference to announce his new economic policy and reforms in Istanbul on April 10, 2019. (Photo by OZAN KOSE / AFP) (Photo credit should read OZAN KOSE/AFP via Getty Images)

Shakeup of economy team stuns Turkey, cheers investors

Presidential son-in-law Berat Albayrak has quit as finance minister amid economic turmoil, but most news outlets pretended it didn’t happen.

Biden's campaign showed what his Middle East policy may be as president

The former vice president criticized President Donald Trump's sanctions on Iran and also spoke out on Turkey's role in the Azerbaijan-Armenia war leading up to the Nov. 3 vote.

While America counts its votes, Erdogan advances his agenda

Can the next US president manage Erdogan’s ambition?

Turkish-backed Syrian rebel fighters, mask-clad due to the COVID-19 coronavirus pandemic, take part in a military parade marking the graduation of a new batch of cadets and attended by officials from the Turkey-backed opposition in the town of Jindayris, in the Afrin region of the northern Syrian rebel-held province of Aleppo, on November 14, 2020. (Photo by Bakr ALKASEM / AFP) (Photo by BAKR ALKASEM/AFP via Getty Images)

As Turkey pounds northeast Syria, residents fear new operation

A year after Operation Peace Spring, the residents in the areas under the control of the Kurdish-led Syrian Democratic Forces fear a new Turkish operation.

Intel: Departure of foreign forces from Libya in question ahead of political talks in Tunis

An agreement between rival Libyan military representatives this week made no mention of the UN-backed cease-fire's demand that foreign mercenaries leave by January

An employee cleans an outside wall of the National Armenian Memorial Centre in Decines-Charpieu, near Lyon, on November 1, 2020 where pro-Turkish yellow letters graffiti tags have been painted overnight. - Inscriptions read "RTE" which can refers to Turkish Prime minister Recep Tayyip Erdogan and "Grey Wolf" (Loup Gris), the name of an ultra-nationalist movement in Turkey. A nearby memorial for the Armenian genocide have also been tagged with the words "Fuck Armenia". (Photo by JEFF PACHOUD / AFP) (Photo by

Paris hints at new sanctions against Ankara after banning Turkish 'Grey Wolves'

France is considering new sanctions against Turkey over President Recep Tayyip Erdogan's “declarations of violence” as tensions wind further between the NATO allies.

Are Turkey, Azerbaijan ready to talk peace with Armenia?

Although TRT momentarily reported that Azerbaijan had claimed it had emerged victorious in the Nagorno-Karabakh conflict, there seems to be a lot to still sort out before there can be a lasting cease-fire.

A man walks past an information screen displaying rates in front of an exchange office in Istanbul, on October 26, 2020 as Turkey's lira set a new record low against the US dollar. - Turkey's lira was trading at 8.03 against the dollar at around 0730 GMT, suffering a loss of nearly one percent since the beginning of the day. The Turkish currency also recorded its lowest level against the euro, trading near 9.52. (Photo by Yasin AKGUL / AFP) (Photo by YASIN AKGUL/AFP via Getty Images)

Turkey’s business leaders keep quiet as economic crisis deepens

Wary of the government’s wrath, Turkey’s main business groups are staying mum in the face of growing economic turmoil while keeping tabs on the prospect of early elections.