The Central Bank of the Republic of Türkiye’s Monetary Policy Committee (MPC) will convene on Thursday, March 21, and announce whether it will maintain the policy interest rate at its current level. At the January 25th meeting, the policy rate had been raised to 45 percent; however, at the February 22nd meeting, the policy rate
Ever since Turkish President Recep Tayyip Erdoğan launched the election campaign with the motto “reconquering Istanbul,” it has been clear that the real competition in the upcoming March 31 local elections will be for the Istanbul Metropolitan Municipality. Now, with almost a week left until the election, this race is neck and neck. It is
Turkish Airlines (THY) has announced that it will enforce additional measures to control passengers traveling to South American destinations amidst concerns over the surge in the number of Turkish citizens attempting to seek asylum in the US through Mexico and Canada. In a written statement published on March 15, Türkiye’s prominent airline stated that it
Top-level Turkish security delegation’s visit to Baghdad on March 14 should be considered as a significant step towards a comprehensive Türkiye Iraq agreement ahead of Turkish President Recep Tayyip Erdoğan’s expected visit to Iraq in April after 12 years. The rapprochement and establishment of strategic political and economic relations between Türkiye and Iraq appear to
On March 11th, Monday, the Turkish Lira hit a record low against the US dollar; at one point, 1 dollar surpassed 32 lira. Similarly, the British Pound exceeded 41 lira, and the Euro went over 35 lira, prompting a statement from the Treasury and Finance Minister Mehmet Şimşek. There was no apparent reason for
The time has come to ask whether President Tayyip Erdoğan is pursuing a “lifelong” rule. No, not only because of his statement during the peak of the ruling Justice and Develpment Party’s (AKP) election campaign, saying, “This is my last election.” This wasn’t the first time Erdoğan had uttered “This election is my last,” subtly
Turkish Foreign Minsiter Hakan Fidan had a meeting with his US counterpart Antony Blinken in Washington on March 8. “There is an opportunity to continue our path by opening a new page with a positive agenda,” he said in a press conference following the meeting and other discussions and contacts. Türkiye-US relations were a “historic”
Why are Turks not loved? What are the roots of the anti-Turkish sentiments? Of course, we can respond to this question by saying “If they don’t like us, we too don’t like them”, thus raising nationalist sentiments in the streets whilst at the same time running the risk of Turkey becoming even more disconnected from
Murat Kurum, the ruling Justice and Development Party’s (AKP) candidate for Istanbul Metropolitan Municipality, has already become the favorite politician of those who produce political humor or political gaffe content on social media. Don’t say “trolls” right away; unfortunately, we have a reality of trolls, this is true, but almost every step Kurum takes and
Foreign Minister Hakan Fidan is scheduled to visit Washington to meet with US Secretary of State Antony Blinken within the framework of the Turkey-US Strategic Dialogue Mechanism meetings on March 7-8, diplomatic sources confirmed to YetkinReport. Meanwhile, intelligence sources announced on March 4 that the head of the National Intelligence Organization (MİT), İbrahim Kalın, also