Most “new gen” medicines out of reach to Turks as government offers pharma companies “comic” exchange rate

Just 8% of medicines registered by the European Medicines Agency available in Turkey.

Planet-heating emissions reach new record in 2023, says WMO report

Greenhouse gas levels surged to a new record in 2023, committing the planet to rising temperatures for many years to come, according to a report from the UN’s World Meteorological Organisation (WMO).

UN says Earth on track to heat to a dangerous 3.1°C

Global heating may rise to 3.1°C by the end of the century if policy action stays the same, says a new annual UN Emissions Gap report. That is an eye-popping 5.6°F.

Turkey’s overworked ATMs bust under weight of “worthless” lira banknotes

Bankers stress need for bigger-value notes amid severe currency depreciation, but president Erdogan won’t green-light the embarrassing move.

ISTANBUL BLOG: MI6 spymaster gets “healthy response” to tweet on Turkish Aerospace Industries terror attack

Sir Richard Moore left with plenty to pick through in his mailbag.

PKK claims responsibility for terror attack on Turkish Aerospace Industries

Analysts may now interpret terrorist action as response to government officials' recent talk of launching a new peace process, though Kurdish group says it was not related.

ISTANBUL BLOG: Has Erdogan's nationalist ally recklessly pushed Turkey into fresh spiral of violence?

If a viable peace process with the Kurds was indeed under way, then Devlet Bahceli vulgarised it.

Turkey’s defence minister points finger at PKK for deadly terror attack on Ankara arms firm

Assault comes day after Erdogan’s nationalist ally told Kurdish group’s jailed leader to earn possible freedom and chance to speak in parliament by ending insurgency.

Global CO2 emissions from forest fires have increased by 60% in 23 years

Global carbon dioxide emissions from forest fires have surged by 60% since 2001, with emissions nearly tripling in some of the most climate-sensitive boreal forests, according to a new study published in the journal Science.

Fethullah Gulen, an alternative obituary

Just who was the Turkish preacher and Erdogan ally-turned-foe who died in Pennsylvania on Sunday October 20?

Global electricity demand is surging faster than expected, warns IEA

The International Energy Agency (IEA) suggests that global electricity demand is surging faster than expected and that keeping climate change in check may thus become harder.

Fethullah Gulen, Turkish cleric accused of 2016 coup attempt against Erdogan, dies in US

Head of worldwide Hizmet movement escaped clutches of Turkey’s regime, living in self-imposed exile in his gated compound in Pennsylvania.

IranAir redirects flights to Istanbul to avoid EU sanctions

Kazakhstan’s big league fintech Kaspi acquires 65% of Turkish Nasdaq peer Hepsiburada for $1.1bn

E-commerce platform’s share price jumps 40% as news of its new owner breaks.

Turkey sticks with 50% policy rate for seventh straight month

Uncertainty over the pace of improvement in inflation has increased in light of incoming data, says central bank.

Central and Southeastern Europe defies German economic weakness

The wiiw autumn forecast warns that not all of the recession in the German automotive industry has so far been felt in Central Europe and further difficulties should be expected.

Turkey stays out in front as Europe's largest coal-fired electricity producer

Country has surged ahead of Germany and Poland. Generation of inevitable CO2 emissions also up.

Synagogues in Turkey attacked amid Israel’s expanding wars

"Bloody hands" vandalism occurs on first anniversary of fateful day of October 7.

Erdogan nephew resells 15% stake in BinBin Scooters via "matryoshka doll"-style Istanbul IPO

Transaction a reminder family of president, who is among the planet’s richest politicians, is busy in the world of trade.

Turkey’s fight against inflation cannot be called successful, says economics professor

Fiscal squeeze not enough when real black hole in record budget deficit is due to costly PPP contracts, analysts say.