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

Turkey

Turkey

November 11, 2026

Ankara 8:38 pm

8°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

A woman looks at a building, which was damaged during the security operations and clashes between Turkish security forces and Kurdish militants, in the southeastern town of Cizre in Sirnak province, Turkey March 2, 2016. REUTERS/Sertac Kayar - RTS9000

Will Turkey let UN officials snoop in the southeast?

The UN High Commissioner for Human Rights is demanding that Turkey allow UN officials to investigate alleged human rights abuses in the war-ravaged southeast of the country.

How schizophrenia patients in Turkey are finding relief on stage

In a small Turkish city, a pioneering psychiatrist has achieved remarkable success in treating schizophrenia patients with theatrical improvisation.

Turkey's Foreign Minister Ahmet Davutoglu and EU Home Affairs Commissioner Cecilia Malmstrom pose during the Turkey-EU Readmission Agreement Signing Ceremony in Ankara December 16, 2013. Turkey and the European Union signed an agreement on Monday allowing EU governments to send back illegal immigrants crossing into Europe from Turkey in a move highlighting a thaw in relations between Ankara and the 28-member bloc.REUTERS/Umit Bektas (TURKEY - Tags: POLITICS SOCIETY IMMIGRATION) - RTX16KRY

EU-Turkey refugee deal gives Erdogan case of 'political amnesia'

Turkish President Recep Tayyip Erdogan would like to forget that part of the refugee deal with the European Union involves amending the country's Anti-Terror Law.

Have Turkey-PKK clashes crossed fatal threshold?

The PKK’s alleged shooting down of a Turkish assault helicopter marks a major development in the ongoing fighting between the two sides.

Has Europe had enough of Erdogan?

A crisis in relations with Germany could have significant strategic and geopolitical implications for Turkey and its future.

Turkish Prime Minister Ahmet Davutoglu leaves a news conference at his ruling AK Party headquarters in Ankara, Turkey May 5, 2016. REUTERS/Umit Bektas - RTX2CY0J

How Turkey’s recent political shakeup will have wide-ranging impact

The resignation of Turkish Prime Minister Ahmed Davutoglu could affect both the country’s economy and anti-IS efforts; new report scrutinizes US military aid to Egypt as human rights abuses persist; Al-Monitor’s reporter in the news.

Syrian refugees shop at a market at Harran refugee camp in the Sanliurfa province, Turkey April 26, 2016. REUTERS/Umit Bektas - RTX2BPLG

How long can Turkey afford growing refugee bill?

The monthly bill of hosting the Syrian refugees in Turkey has shot up to $500 million, in a further strain on the country’s already struggling economy.

After political shake-up, is Turkey heading for economic crisis?

By sidelining Prime Minister Ahmet Davutoglu, Turkish President Recep Tayyip Erdogan has taken full control of the political reins but ambiguity about his economic policies is creating concerns.

As Davutoglu exits, Erdoganists demand 'obedience to the leader'

The departure of Ahmet Davutoglu as prime minister marks the opening of a new narrative that makes obedience to President Recep Tayyip Erdogan a religious duty.

How will Turkey gain power abroad when it can't protect its borders?

Turkey's ineffectiveness in protecting the city of Kilis on the Syrian border points to how unlikely it is that the government will fulfill its ambition to become a regional power.

'Angels' chasing investments in Turkey

Generous government subsidies are bringing more angel investors that support new entrepreneurs with capital infusion and counseling to Turkey.

Kurdish conflict reaches Turkish kitchens

The Kurdish conflict in southeast Turkey has badly hurt farming in the region, worsening the country’s already acute meat production shortage.