Latest News from Turkey
Turkey Funds Radical Jihadism in Gaza via Government Foundation
Turkey channels funds to radical jihadism in Gaza through the state-run Turkey Diyanet Foundation (TDV) under a charity pretext, with a 2024 budget of 12.7 billion lira. The foundation, led by Diyanet president Safi Arpaguş, supports extremist networks linked to al-Qaeda and Hamas, importing radicalism back to Turkey.
Erdogan's government has protected such networks, acquitting jihadists and shielding them from accountability.
Cabinet Meeting Focuses on Terror-Free Turkey Initiative
President Erdogan's Cabinet convenes to discuss the terror-free Turkey plan, reviewing a parliamentary report and proposed reforms to penal and counterterrorism laws. The meeting addresses steps to eliminate terrorism domestically.
It marks the first Cabinet session in Ramadan with new justice and interior ministers.
Cabinet to Assess Economic Progress and Ramadan Price Controls
The Cabinet will evaluate inflation-fighting measures and inspections to prevent excessive price hikes during Ramadan. Discussions include a potential increase for the TL 4,000 retiree Ramadan bonus.
Economy remains a top priority amid global uncertainty.
Türkiye Steps Up Crackdown on Unauthorized Currency Exchange
Authorities intensified inspections, shutting down 147 businesses in 2025 and referring 108 million lira in fines. Focus areas are tourist spots; only banks, PTT, and licensed offices can exchange currency.
Finance Minister Şimşek vows more risk-focused audits in 2026.
IMF Praises Türkiye's Disinflation and Projects 4.2% Growth for 2026
The IMF endorses Turkey's economic program for reducing inflation via tight policy and fiscal measures while sustaining growth. It projects 4.2% GDP growth in 2026 and urges structural reforms.
Short-term external debt fell to $165.7 billion in Q4.
Turkey Sets Tourism Record with $65.2B Revenue in 2025
Türkiye welcomed 64 million visitors in 2025, generating a record $65.2 billion despite regional instability, ranking fourth globally. Sector leaders aim for year-round growth via events.
Finance Minister Simsek highlights resilient economy with strong services exports.
Former President Gül Calls for Deeper EU-Turkey Security Ties
Abdullah Gül urges Europe to partner with Turkey for security, citing its NATO-second largest army and regional influence. He warns against past EU mistakes and stresses honest cooperation amid crises.
Turkey's defense industry offers military innovation.
Turkey Expands Influence in Africa, Challenging US Strategy
Turkey's military sales, trade up to $41B in 2024, and diplomacy in Africa capitalize on conflicts in Sudan, Ethiopia, Somalia. Analysts say it complicates US interests via low-cost arms like drones.
Erdogan leverages Turkish Airlines to 64 destinations.