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Turkey’s inflation ticks up to 62%

Turkey's annual inflation rate ticked up slightly in November, the state statistics agency said on Monday, showing further signs of levelling off following a series of sharp interest rate hikes. The rate moved to 61.98 percent last month from 61.36 percent in October,...

Turkey’s opposition fractures ahead of March polls

By Dmitry Zaks: Turkey's main opposition party lost a crucial ally Monday in its bid to form a united front against President Recep Tayyip Erdogan's ruling coalition in high-stakes March municipal polls. The secular opposition joined forces in landmark 2019 elections...

Turkey welcomes Palestinian cancer patients after they entered Egypt

More than two dozen Palestinian cancer patients, who had crossed from Gaza into Egypt, arrived in Turkey for treatment in the early hours of Thursday, Turkey's Anadolu agency reported. Two planes carrying the patients, many of them children, landed at Ankara airport...

Turkey: Istanbul’s popular opposition mayor faces fresh trial

By Dmitry Zaks: Istanbul's popular opposition mayor went on trial Thursday on fresh corruption charges that could further cloud his hopes of succeeding President Recep Tayyip Erdogan. Ekrem Imamoglu has turned into one of Erdogan's most outspoken and openly ambitious...

US Supreme Court rejects claim of sovereign immunity by Turkish bank Halkbank

The US Supreme Court rejected Wednesday the claim of sovereign immunity by a Turkish bank accused of violating Iran sanctions, in a case that has added tensions to ties between Washington and Ankara. Halkbank was hit with US criminal charges in 2019 that it took part...

Turkish banks abandon use of Russia’s card payment system Mir

By Fulya Ozerkan: Turkey's booming wartime trade with Moscow took a giant step back on Wednesday with confirmation that the last three banks still processing Russian card payments were pulling out under pressure from Washington. The decision follows weeks of...

Turkey: Controversial appointment of new university chief pivots to international affairs and LGBT issues

Turkey on Thursday rejected US criticism over mass detentions of students during a month of escalating protests, telling Washington not to interfere in its internal affairs. Hundreds of students and their supporters were detained this week after police violently...

Turkey seeking to ease tension with Europe, braces for new US administration

Facing a potentially hostile US administration, Turkish President Recep Tayyip Erdogan is trying to break his isolation by mending EU relations, torn by what the bloc views as his bellicose foreign policy. Ties between Ankara and Brussels have plunged to a nadir not...

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