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

Turkey

Turkey

November 12, 2026

Ankara 12:41 am

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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

A boy walks past by burning tires during a protest against the curfew in Sur district, in the southeastern city of Diyarbakir, Turkey, December 14, 2015. REUTERS/Sertac Kayar - RTX1YNAN

The PKK's 'child terrorists'

The PKK takes full advantage of children it recruits as "child terrorists" in Turkey, pushing them to the front lines and using their arrests and deaths to stir up sympathy.

Turkish Foreign Minister Feridun Sinirlioglu addresses the media in Ankara, Turkey, October 16, 2015. REUTERS/Umit Bektas - RTS4Q7Z

The rocky road to Turkish, Israeli reconciliation

Turkey and Israel have much to gain from normalizing their relations, but recent reports to that effect should be met with caution.

Hamas leader Khaled Meshaal speaks during a news conference in Doha, Qatar September 7, 2015. REUTERS/Naseem Zeitoon - RTX1RJ1F

Is Erdogan closing Hamas' Istanbul office?

Israel has demanded that Turkey expel Hamas activist Salah Al-Arouri from Istanbul as a condition for normalizing bilateral relations.

Star Wars: How the force awakens Islamist fears

Seen by some as poison of Western cultural imperialism, Star Wars merchandise causes more controversy than the film in Turkey.

United States Secretary of State John Kerry (L) meets with Mohammad Javad Zarif, Minister of Foreign Affairs of Iran, at the United Nations in New York, September 26, 2015. REUTERS/Stephanie Keith TPX IMAGES OF THE DAY - RTX1SNOV

Zarif: Iran sees 'mostly negative signals' from US

Iran’s Foreign Minister Mohammad Javad Zarif, in an interview with Al-Monitor, confirmed brief bilateral exchanges with Saudi counterparts and said numerous disagreements remain inside the international Syria support group on a political transition.

A Turkish Attack and Tactical Reconnaissance Helicopter (ATAK) performs a manoeuvre during a ceremony marking the 93rd anniversary of Victory Day in Ankara, Turkey, August 30, 2015. REUTERS/Umit Bektas - RTX1Q9Q7

Will Turkey end up stuck between Kurds, Russia?

Observers wonder how long Turkey can juggle a cold war with Russia and a heated conflict with the PKK before the latter two join forces.

Turks equally pleased with first communist mayor

Fatih Mehmet Macoglu, the first and only communist mayor in Turkey, has impressed critics with his hard work and inclusive politics and seems ready to run for a second term.

Demonstrators sit between a fire and police barricades during a protest against the curfew in Sur district in the Kurdish dominated southeastern city of Diyarbakir, Turkey, December 10, 2015. Seven Kurdish militants and a policeman have been killed in four days of fighting in a southeastern Turkish province that has been under curfew all week, security sources said. Nusaybin, a district of Turkey's southeastern province of Mardin on the Syrian border, has been under curfew since Sunday. Eight policemen were

Turkey's unhealthy democracy

Turks stay away from politics except when it is time to go to the polls.

Turkey's blurred red line on Russia

With recent scuffles between Moscow and Ankara, further instability threatens the Middle East conflict; but will either country really push things that far?

Iran's military bulks up with new Russian tanks

Tehran plans to purchase T-90 tanks from Russia, but is it enough to strengthen the Iranian military?

The Russian Navy large landing ship Yamal is escorted by a Turkish Navy Coast Guard boat as it sets sail in the Bosphorus, on its way to the Mediterranean Sea, in Istanbul, Turkey, December 9, 2015. REUTERS/Murad Sezer - RTX1XWMH

Turkey goes from zero problems to nothing but problems in the region

Ankara’s recent political and strategic mistakes have resulted in an anti-Turkish alliance in the Middle East that looks to Moscow for support.

Ocalan silent as Kurds' fight for self-rule rages on

The Kurds fighting in Diyarbakir may end their revolt if ordered to do so by Abdullah Ocalan, but the Turkish government has not allowed the imprisoned Kurdish leader any visitors since April, perhaps calculating that the endless self-sacrifice being demanded of ordinary Kurds will turn them against the PKK.