Turkey
Will Trump’s Central Asia summit in Washington help break the Chinese chokehold on rare earths?
“Rare earths”. As Donald Trump on November 6 hosts Central Asia’s five presidents in Washington, DC, observers can forgive themselves if they quickly lose count of the number of times these buzzwords are uttered.
Turkmenistan reveals electricity export aspirations
Ashgabat building Caspian power plant.
BEYOND THE BOSPORUS: In Zurich, Turkey’s opposition chief was almost falling over himself to declare that power is nearly upon the CHP
It’s an interesting thought that sounds a bit too good to be true.
New members expected to join EU by 2030 as enlargement momentum builds
Top European Commission officials say admitting new member states to the European Union by 2030 is now a “realistic goal”.
October PMI shows little light at end of tunnel for Turkish manufacturing
Currency weakness and subdued demand plague producers in 19th consecutive month of contraction.
Official Turkish inflation creeps down 0.4pp to 32.9%, complaints over high real rates growing louder
Finance industry pushing for pause in monetary easing, but real economy actors and exporters are hurting.
Turkish state grabs another fintech as company seizures continue at pace
Turkey first seizes companies, then tries the suspects. Some companies are sold before the trial process.
US push to pressure Iran providing fresh incentive for trans-Caspian pipeline
Turkmenistan showing interest in the idea.
BOTAŞ and Turkey’s hub ambition: from “30-year dream” to cross-border reality
For Ankara, the symbolism is as important as the molecules: Turkey’s energy map is shifting from end-market to hub.
Joint Erdogan, Merz press call in Ankara not without tensions
Turkish, German leaders address delicate issues such as Gaza and Turkey’s longstanding stated wish to join EU, but there’s no war of words.
Eurobonds of Istanbul-listed Zorlu units offer attractive yields amid rating downgrades and no default expectation
Debut paper currently offering 14-15% yield.
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Erdogan says Turkey “couldn’t even produce a sewing needle” before he came to power, sparks storm of criticism
Opponent retorts that Turks “weren’t living in caves” in decades before AKP party rule. First Turkish sewing needed traced to 1950s.
Awkward timing as British PM Starmer arrives in Turkey to sign jet deal on day Erdogan rival is arrested amid UK espionage claims
“Turkish democracy is the casualty of Europe’s rediscovery of Turkey’s strategic value,” columnist writes.
Whistle blown on hundreds of Turkish football referees with betting accounts
Investigation finds 42 gambled on more than 1,000 matches each.
Akbank launches autumn syndicated loan renewals season for Turkish banks at lower costs
Ten banks to roll over combined sum of $6bn.
BEYOND THE BOSPORUS: Espionage claims thrown at Imamoglu mean relief at dismissal of CHP court case is short-lived
Wife of Erdogan opponent mocks regime, saying it is also alleged that her husband “set Rome on fire”. Demands investigation.
Emerging Europe’s growth holds up but risks loom, says wiiw
Fiscal fragility, weakening industrial demand from Germany, and the prolonged fallout from Russia’s war in Ukraine threaten to undermine growth momentum in parts of the region.
Turkey's central bank remains cautious, delivers 100bp rate cut
Decision comes on eve of next hearing in trial that could dislodge leadership of opposition CHP party.
Don’t be fooled, Northern Cyprus’ new president is no opponent of Erdogan, says academic
Turkey’s powers-that-be said to have anticipated that Tufan Erhurman will pose no major threat.
Grand master mason arrested as part of Turkey’s Can Holding investigation
Second wave of detentions executed.