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Turkey

Turkey

November 11, 2026

Ankara 10:52 pm

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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

Turkish President Tayyip Erdogan (2nd L), Prime Minister Ahmet Davutoglu (L) and Turkish Army Chief of Staff General Hulusi Akar (3rd L) look on as honour guard carry the flag-draped coffin of Army officer Seckin Cil during a funeral ceremony in Ankara, Turkey, February 18, 2016. Army officer Seckin Cil was killed during the clashes between Turkish security forces and Kurdish militants in Sur district of the southeastern city of Diyarbakir. REUTERS/Umit Bektas - RTX27J7E

Is Turkey 'on the hook' regarding Syria cease-fire?

US-Russia agreement on Syria is a possible breakthrough in peace efforts; Erdogan calls US alliance with Syrian Kurds a “Great Lie.”

Prime Minister Ahmet Davutoglu (R) chats with Chief of Staff General Hulusi Akar during a funeral ceremony for Army officer Seckin Cil in Ankara, Turkey, February 18, 2016. Army officer Cil was killed during the clashes between Turkish security forces and Kurdish militants in Sur district of the southeastern city of Diyarbakir. REUTERS/Umit Bektas - RTX27IRL

After Syria intervention flop, what’s next for Erdogan?

Ankara’s latest statements show it has dropped the idea of sending regular troops to Syria, yet it is poised for new ventures to avoid a total exclusion from the Syrian equation.

Aleppo residents displaced in their own country

The regime forces’ offensives and Russian airstrikes forced 200,000 to flee the northern Aleppo countryside, while civil society organizations seem unable to meet their needs.

Russia keeps Turkish trucks parked

Russia by not renewing the Road Transport Accord that expired Feb. 1 delivered a significant blow to Turkish exports.

Turks kick around Erdogan conspiracy

When the pro-government media discovers a political conspiracy in a soccer game, it is not time to be amused, but to be worried.

Will Putin’s economic attacks bring Erdogan down?

The economic warfare declared by Russia damages the Turkish economy beyond expectations.

Honour guards carry Turkish flag-draped coffins of car bombing victims during a funeral ceremony at Kocatepe mosque in Ankara, Turkey February 19, 2016. REUTERS/Umit Bektas - RTX27OD3

Identification of Ankara bomber muddled by faulty communication

Debate over the identity of the February suicide bomber in Ankara reveals flaws in authorities' communication.

A Turkish Shi'ite girl holds a chain as she mourns during an Ashura procession in Istanbul November 24, 2012. Muslims all over the world mourn the slaying of Imam Hussein during the first ten days of the Islamic month of Muharram. Imam Hussein was killed by his political rivals along with 72 companions in the seventh century battle of Kerbala. REUTERS/Murad Sezer (TURKEY - Tags: ANNIVERSARY RELIGION) - RTR3ATV2

Is 'Iran-phobia' spreading in Turkey?

The former leader of Turkey's main opposition party raises hackles with what his critics say is sectarian rhetoric.

How one Kurdish doctor is helping to treat victims of IS

A German psychologist tells Al-Monitor about his work with rape victims of the Islamic State, lauding their strength and resilience.

What fading oil fortunes means for Turkey's businesses

Turkish businesspeople are losing sleep over oil-producing states' deferrals of payments to international contractors and the possible loss of mega projects.

A woman smokes in a bar as she drinks the Turkish traditional beverage Raki in Ankara February 12, 2008. Turkey is the eighth biggest cigarette market in the world, with nearly 60 percent of male adults estimated to smoke. Six global cigarette producers and state-run Tekel compete for the lucrative market. Picture taken February 12, 2008. To match feature TURKEY-CIGARETTES/ REUTERS/Umit Bektas (TURKEY) - RTR1X0MR

Are books and movies promoting smoking and drinking? Erdogan thinks so

Turkish President Recep Tayyip Erdogan’s railing against smoking and alcohol has sparked concerns over censorship of movies and literary works deemed to promote the two "evils."

Turkey's Prime Minister Tayyip Erdogan, flanked by his deputy Besir Atalay (L) and Energy Minister Taner Yildiz (R), speaks during a news conference at Ataturk International airport in Istanbul April 4, 2014. Turkish Prime Minister Tayyip Erdogan called on Friday for the central bank to cut interest rates, sending the lira lower, and said he favoured keeping a three-term limit for ruling party deputies, suggesting he may run in August presidential polls. In his first public comments since a victory speech a

What happened to Turkey's foreign policy?

Turkey has made some major mistakes with its one-dimensional foreign policy, say former ambassadors who served under the Justice and Development Party.