Turkey

Analysts puzzled by Ankara’s claim Turkey’s stealth fighter jet work so hot US may lift F-35 ban

bne IntelliNews November 28, 2024

“It's comparatively easy to produce something that looks like a stealth fighter-ish thing that will fly,” says one dismissive expert.

Subsidy covers 87% of electricity bill charged to lowest-level household consumers in Turkey

Akin Nazli in Belgrade November 27, 2024

Such social support programmes seen as underpinning support for country’s ruling AKP.

ISTANBUL BLOG: Erdogan ally Bahceli has been posing with a gangster again

Akin Nazli in Belgrade November 27, 2024

Soner Ergin turns up at MHP leader’s office on a mission to free his killer brothers.

EBRD warns of risks for emerging markets pursuing industrial policies

Clare Nuttall in Glasgow November 26, 2024

Industrial policy is back "with a vengeance” but can have a distorting effect, EBRD chief economist Beata Javorcik told bne IntelliNews

Lax rules agreed at COP29 for global carbon trading market

bne IntelliNews November 26, 2024

After failed talks in Azerbaijan at COP29, members did agree, however, to a carbon credit trading market. But it has such broad rules, the system may mean little improvement in emissions – or even higher emissions by buyers.

Trump’s defence pick asked, “Why is Islamist Turkey a member of Nato?”

bne IntelliNews November 26, 2024

Evangelical Pete Hegseth, who has crusader tattoo, also wrote Western military bloc “is not an alliance; it’s a defense arrangement for Europe, paid for and underwritten by the United States”.

Azerbaijani diplomat detained with 70kg of gold in Turkey

bne IntelliNews November 25, 2024

Incident sparked a major investigation, with initial findings suggesting a smuggling operation that involved exploiting diplomatic immunity to bypass border inspections

Claims Hamas moving HQ to Turkey spark call from US lawmakers for classified briefing

bne IntelliNews November 24, 2024

Issue could heat up as bitter foes Erdogan and Netanyahu make rival bids for backing from Donald Trump.

Turkey sticks with 50% policy rate for eighth straight month

Akin Nazli in Belgrade November 21, 2024

Reports say some carry traders have closed lira positions, but the smooth nominal devaluation and real lira appreciation policy remains on track.

COMMENT: The EU’s Internal Security Framework is unfit for Cold War 2.0

Owen Walden-Harris November 21, 2024

Not only has Trump's re-election undermined the EU’s reliance on American security structures, but it is also facing unprecedented strain in the form of hybrid attacks from rogue states.

Alibaba's Trendyol opens regional logistics hub in Romania

Iulian Ernst in Bucharest November 21, 2024

Trendyol entered the Romanian market earlier this year to strengthen its position in Southeast Europe’s burgeoning e-commerce market.

Carbon Brief releases sixth version of extreme weather event interactive map

bne IntelliNews November 19, 2024

As the planet warms and the Climate Crisis accelerates faster than scientists predicted, extreme weather events from floods to fires have turned into an annual disaster season that is only going to get worse.

So you want to get on the right side of Donald Trump? Try gift-wrapping a hotel

bne bureaus November 15, 2024

Though he’s busy preparing for his second stint in the White House, his brand is still doing business the world over.

Erdogan says Turkey and Elon Musk could work together on tech

bne IntelliNews November 13, 2024

Turkish president hopes to capitalise on his relationship with rising star of the second Trump administration.

ISTANBUL BLOG: One in four law faculty deans at Turkey’s public universities have no law degree

Akin Nazli in Belgrade November 13, 2024

It’s symptomatic of a higher education system that is on its knees.

Russia, Turkey and Iran condemn Israel's actions in Syria

bne Tehran bureau November 12, 2024

Russia, Turkey and Iran have adopted a joint statement on Syria at the Astana format meeting, condemning Israeli military actions in Gaza, Lebanon and the West Bank.

This year to be warmest on record, says Copernicus

bne IntelliNews November 12, 2024

The year 2024 is almost certain to set a new record as the warmest year in documented history, according to the European Union’s Copernicus Climate Change Service.

Turkey to push Trump for new opportunity to attack US-allied Kurds in Syria

bne IntelliNews November 11, 2024

During first Trump presidency American military was controversially told to stand aside. Ankara hopes for a repeat as second White House term begins.

Turkey bumps up end-2024 inflation “target” to 44%

Akin Nazli in Belgrade November 10, 2024

Election of Trump sounds like good economic opportunity for Ankara, but nobody can really know as things stand.

Scandal of UK treating Turkey as dumping ground for mountains of plastic waste worsens again

bne IntelliNews November 9, 2024

Other big countries in Europe also shipping crazy volumes of trash, says Greenpeace. Campaigners hope upcoming Global Plastics Treaty talks can bring change.

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