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Turkey

Turkey

November 12, 2026

Ankara 3:38 pm

14°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

Turkey's President Tayyip Erdogan speaks during the Climate Summit at the U.N. headquarters in New York September 23, 2014. REUTERS/Mike Segar (UNITED STATES - Tags: POLITICS ENVIRONMENT) - RTR47E2N

Erdogan says Turkey will join fight against Islamic State

Ankara is being forced to get off the fence and join allies against the growing threat from IS and similar groups.

A worker checks the valve gears in a natural gas control centre of Turkey's Petroleum and Pipeline Corporation, 35 km (22 miles) west of Ankara, February 14, 2012. REUTERS/Umit Bektas (TURKEY - Tags: BUSINESS ENERGY) - RTR2XU1J

What will Turkey do if Russia turns off gas?

The risk of Russia cutting gas supplies to Europe amid the Ukraine crisis has exposed Turkey’s energy vulnerability, with Istanbul, its most populous city and main industrial hub, dependent on Russian gas.

A group of men smuggle diesel fuel from Syria to Turkey hoping to sell it at a higher price, across the Al-Assi River in Darkush town, Idlib countryside May 26, 2013. REUTERS/Muzaffar Salman (SYRIA - Tags: CONFLICT TPX IMAGES OF THE DAY) - RTX1026I

The truth about Turkey and Islamic State oil

While oil sales by the Islamic State across the Turkish border are a real problem, the Turkish government does not condone it.

A Turkish soldier stands guard as Syrian Kurds cross the border fence into Turkey near the southeastern town of Suruc in Sanliurfa province, September 19, 2014. Several thousand Syrian Kurds began crossing into Turkey on Friday fleeing Islamic State fighters who advanced into their villages, prompting warnings of massacres from Kurdish leaders. Islamic State (IS) fighters have seized villages in northern Syria over the past two days and are besieging the mainly Kurdish town of Ayn al-Arab, known as Kobani i

Can Turkey set up buffer zone inside Syria?

The idea of a buffer zone on the Syrian side of the border has been revived again, but faces serious feasibility questions.

Turkey's Family Ministry shames singles in new ad

Turkey’s Family and Social Policies Ministry evokes comparisons to Islamist radicals after using the image of headless figures in a controversial campaign “to battle aloneness.”

Turkey's Economy Minister Nihat Zeybekci speaks during an interview with Reuters in Ankara August 11, 2014. Turkey's government will maintain its calls for lower interest rates following Prime Minister Tayyip Erdogan's victory in the country's first direct presidential election, the economy minister said on Monday. Zeybekci told Reuters in an interview that the central bank's core mandate for price stability should be expanded to include employment and growth, although he added this would not be a top prior

Turkey’s economic growth fizzles

Turkey’s economic growth slowed to 2.1% in the second quarter, well below expectations, forcing the government to review its year-end target of 4%.

Turkey's new President Tayyip Erdogan (2nd L) and outgoing President Abdullah Gul (R), attend a handover ceremony at the Presidential Palace of Cankaya in Ankara August 28, 2014. Erdogan was sworn in as Turkey's 12th president at a ceremony in parliament on Thursday, cementing his position as the country's most powerful modern leader, in what his opponents fear will herald an increasingly authoritarian rule. REUTERS/Umit Bektas (TURKEY - Tags: POLITICS) - RTR444TR

Erdogan's $350M presidential palace

President Recep Tayyip Erdogan has filled his newly constructed palace in Ankara with symbolism of his overthrow of Turkey’s old regime.

Riot police block the main Istiklal street to prevent pro-Kurdish demonstrators from marching, in central Istanbul February 15, 2012. Supporters of the pro-Kurdish Peace and Democracy Party (BDP) held a protest to mark the 13th anniversary of the capture of Kurdistan Workers' Party (PKK) leader Abdullah Ocalan. REUTERS/Murad Sezer (TURKEY - Tags: POLITICS CIVIL UNREST) - RTR2XWA8

Davutoglu sets ambitious target for Turkish democracy

Developments contradict claims by Prime Minister Ahmet Davutoglu that Turkey will become a global power in terms of universal democracy over the next nine years.

A woman reads a newspaper at a cafe, with an opposition newspaper carrying an upside down picture of Turkish Prime Minister Tayyip Erdogan on the window, in the Aegean coastal town of Cesme, western Turkey July 14, 2014. As families splash in the sea and lounge in the sun, thoughts of politics and civic duty are a world away for most Turks holidaying on the Aegean and Mediterranean coasts. Only the most committed opponents of Prime Minister Tayyip Erdogan leave the beach to queue in a sweltering council bui

Banished Erdogan critics find new home at opposition paper

The Sozcu daily, a relative newcomer in the Turkish press, has climbed to the top of the circulation ladder, taking on board senior journalists dumped from other papers for criticizing the government.

Turkish villages smuggle IS oil through makeshift pipelines

In the village of Hacipasa, almost every house is connected to an illegal oil pipeline smuggling IS oil into Turkey.

A Turkish flag, with the Ottoman-era New mosque in the background, flies over a passenger ferry in Istanbul August 20, 2014. REUTERS/Murad Sezer (TURKEY - Tags: RELIGION TRAVEL) - RTR434PO

Moderate Muslims' quandary about IS

Both Turkey and other Muslim societies need more voices that will take extremism seriously and discredit it with serious arguments.

U.S. Secretary of State John Kerry (L) and Turkey's Foreign Minister Mevlut Cavusoglu pose before a meeting in Ankara September 12, 2014. Kerry will meet Cavusoglu, as well as Prime Minister Ahmet Davutoglu and President Tayyip Erdogan during his two-day visit to the capital Ankara, the Turkish Foreign Ministry said. REUTERS/Umit Bektas (TURKEY - Tags: POLITICS) - RTR45Z0L

Turkey rows against the tide

Ideological assumptions based on Islamist and Sunni sympathies, as well as a series of bad judgments, leave Turkey with diminished influence in a region where it once hoped to play a leadership role.