Turkey - Al-Monitor: The Middle Eastʼs leading independent news source since 2012

Turkey cover image

Turkey

November 28, 2024

Ankara 2:31 am

2°C

Serdar Ozsoy/Getty Images

Erdogan: Turkey ready to contribute to 'permanent ceasefire' in Gaza

The Turkish president’s remarks came after the US president announced new ceasefire efforts in Gaza.

OZAN KOSE/AFP via Getty Images

Turkey scales back $23 billion F-16 deal with US

Turkey scrapped plans to acquire F-16 modernization kits for domestic industry to take over, the Turkish defense minister said.

KEMAL ASLAN/AFP via Getty Images

Turkey detains more than 230 as pressure on opposition ramps up

The detentions include pro-Kurdish politicians, rights activists and journalists.

Turkey in talks for US sanctions waiver to pay for Russian gas

The United States introduced Ukraine war-related sanctions last week against 118 individuals and entities tied to Russia’s financial sector, including Gazprombank, the country’s largest lender yet to be designated by Washington.

Latest News

NATO chief in Turkey as Russia-Ukraine war escalates

NATO Secretary-General Mark Rutte speaks at the press conference with German Chancellor Olaf Scholz (not seen) at the Chancellery, Berlin, Germany, Nov. 4, 2024.

Analysis

What's driving Saudi-Turkish momentum as trade set to pass $8B?

Turkey's President Recep Tayyip Erdogan (L) gestures as he welcomes Crown Prince of Saudi Arabia Mohammed bin Salman (R) during an official ceremony at the Presidential Complex in Ankara, on June 22, 2022. - Saudi Arabia's de facto ruler took a big step out of international isolation on June 22, 2022, paying his first visit to Sunni rival Turkey since the 2018 murder of journalist Jamal Khashoggi in the kingdom's Istanbul consulate. (Photo by Adem ALTAN / AFP) (Photo by ADEM ALTAN/AFP via Getty Images)

Sabena Siddiqui

By Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

Sign up to our Daily Briefing

Keep up with Al-Monitor's top stories with a morning digest from across the region.

Analysis

Will Turkey host Hamas leaders after consequential Qatar departure?

Turkish Prime Minister Recep Tayyip Erdogan (R) poses beside Khalid Mashaal (C), the Hamas chief in exile, and Gaza's prime minister Ismail Haniyeh prior to their meeting in Ankara on June 18, 2013. Senior leaders of the Palestinian Islamist movement Hamas met today in Ankara with Turkish Prime Minister Erdogan to discuss Erdogan's planned visit to the Gaza Strip as well as the situation in Syria, the source said on condition of anonymity. AFP PHOTO/ PRIME MINISTER PRESS OFFICE/ YASIN BULBUL == RESTRICTED T

Barin Kayaoglu

By Barin Kayaoglu

In Ankara, reporting on geopolitics and national security

Analysis

Trump's foreign policy picks trouble Turkey, but Erdogan ties may prevail

WASHINGTON, DC - MAY 16: U.S. President Donald Trump (L) welcomes President Recep Tayyip Erdogan (R) of Turkey outside the West Wing of the White House May 16, 2017 in Washington, DC. President Trump hosted President ErdoganÊwith an Oval Office meeting and a working luncheon. Both leaders are expected to give a joint statement. (Photo by Alex Wong/Getty Images)

Ezgi Akin

In Ankara, reporting on diplomacy, EU-Turkey ties, NATO

Amberin Zaman

Chief Correspondent

In London, 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

Samuel Wendel

Senior Market Research Analyst

In Washington, DC, reporting on regional business and tech

Barin Kayaoglu

In Ankara, reporting on geopolitics and national security

Mustafa Sonmez

In Istanbul, reporting on economics

Turkish exchange

Foreign investors buy $179m in Turkey's stocks amid Erdogan's economic reset

Foreign investors bought $179 million in local equities last week, an eighth straight week of inflows, according to the latest data from the Turkish Central Bank.

Grain is loaded aboard a cargo ship at the Azov Sea Port, Rostov region, on July 22, 2023. On July 21, 2023, Russia said that it understood the concerns African nations may have after Moscow left the Ukrainian grain deal, promising to ensure deliveries to countries in need. (Photo by STRINGER / AFP) (Photo by STRINGER/AFP via Getty Images)

Blinken to Russia: Stop using food as 'weapon of war' in Ukraine, Syria

Wheat prices in the Middle East have risen since Russia's abandonment of the grain deal last month.

Turkey inflation

Turkey’s annual inflation hits nearly 50% in July

The spike marks the end of an eight-month downtrend in annual consumer prices as Turkey grapples with one of its worst cost-of-living crises.

The TQ Samsun bulk carrier transits the Bosporus during the early morning hours on July 18, 2023, in Istanbul, Turkey.

Turkey's Erdogan makes no headway in getting Russia back to Ukraine grain deal 

Turkey’s Erdogan says he will continue diplomacy to bring Putin back to the grain deal and announces Putin will come to Turkey, but gives no timeframe.

pumpjacks in Syria

Canadian energy firm to develop major oil field in Turkey’s Kurdish southeast

A Canadian firm will help Turkey develop its new oil field in Sirnak province.

This picture taken on March 28, 2021 shows the Gibraltar-flagged container ship Indian Express (C-front) and the Panama-flagged container ship Elegant (C-behind) near the entrance of the Suez Canal, by Egypt's Red Sea port city of Suez. (Photo by Ahmed HASAN / AFP) (Photo by AHMED HASAN/AFP via Getty Images)

Turkey, Egypt seek to boost mutual trade by 50% in 5 years

In the first visit of its kind in a decade, Egypt's trade and industry minister traveled to Turkey on Tuesday.

YASIN AKGUL/AFP via Getty Images

One wounded by gunman at Swedish consulate in Turkey

The motives of the assailant remain unclear but the attack comes amid increasing outcry at Stockholm for allowing Quran burnings in the country.

Shell St Fergus Gas Plant in Aberdeenshire

Analysis

Expanded UK-Turkey trade deal seen as win-win, could include services

The current deal does not account for services, which form integral parts of the British and Turkish economies.

In Bristol, reporting on regional business, climate change, AI, tech

Relatives mourn over the caskets of 11 people killed in Turkish airstrikes.

US, Russia mum as Turkey escalates attacks against Kurdish groups in Syria, Iraq

Both the White House and the State Department remain silent as Turkey's military campaign against the PKK continues "full blast."

OZAN KOSE/AFP via Getty Images

Turkey struggles to maintain Russia-Ukraine balance as grain crisis persists

Erdogan can ill afford to confront Russia by backing alternative means to sustain Ukrainian grain exports without Moscow’s involvement.

The front page of the Hurriet Daily news displays a headline of yesterdays interest rate hike at a news stand on June 23, 2023 in Istanbul, Turkey. The Turkish Lira weakened to a record low of 25.74 against the dollar, a day after the central bank hiked interest rates from 8.5 percent to 15 percent in the first rate decision since the appointment of new central bank governor Hafize Gaye Erkan and the re-election of President Recep Tayyip Erdogan last month. (Photo by Chris McGrath/Getty Images)

Erdogan taps ex-NY Fed official as Turkey's deputy Central Bank head

In a major reshuffle, the Turkish president has dismissed all three deputy Central Bank governors as his government ramps up efforts to regain the confidence of Western investors.

Supporters of Nigerien President Mohamed Bazoum gather to show their support for him in Niamey on July 26, 2023.

Saudi Arabia, UAE, Turkey, Algeria and Egypt express ‘concern’ over Niger coup

The coup in the West African country could be a victory for Russia. The Gulf has economic interests in the region.