Get up to speed on the day’s biggest stories across politics, tech, and the economy—everything you need to know in one quick look.
Central Bank and Treasury officials reassured investors that they have a plan to handle the economic fallout from the Iran war, with rate hikes remaining a viable option. President Zelenskyy welcomed the proposal to hold peace talks in Istanbul, while Forbes analyzed the impact of the war on the country’s previously strong economic performance.
The Imamoğlu trial sees its first interim ruling as 18 defendants are released under travel bans. As the US-Israel conflict with Iran enters its fifth week, the first American fighter jet has been shot down, causing global energy markets to tremble due to the Hormuz Strait blockade. Meanwhile, record fuel hikes and energy price increases are dominating the agenda.
Türkiye’s inflation eased to 30.87% in March, coming in below expectations, though signs of an economic slowdown are mounting. On the diplomatic front, Ankara is coordinating with Japan on the Iran crisis, with its potential role as a mediator between Iran and the U.S. gaining attention. Meanwhile, proposed legislation to increase maternity leave to 24 weeks and restrict social media access for those under 15 has moved out of committee.
As the Iran-Israel conflict threatens global energy supplies, Türkiye has secured its first World Cup spot in 24 years and is negotiating transit through the Strait of Hormuz. Meanwhile, a 40-nation coalition is organizing a response to the Hormuz blockade, and President Trump has suggested a potential U.S. withdrawal from NATO.
Türkiye beat Kosovo 1-0 to qualify for the 2026 World Cup, ending a 24-year wait. Economically, the trade deficit rose 15.9% to $9.03 billion in February, while monthly inflation for March is expected around 2.40%. Meanwhile, the U.S.-Iran conflict is intensifying as the U.S. deploys "Bunker Buster" bombs on Isfahan.
The Turkish Central Bank is restarting dollar-lira swap deals to counter market pressure from the Iran war, while local banks prepare to hike interest rates. Politically, there's a major appointment in the MHP, and Turkey continues its role as a messenger between Iran and the US. Meanwhile, global markets are feeling the heat as tanker attacks and the ongoing conflict drive up oil prices and rattle regional economies.
Amid the market pressure caused by the war in Iran, Turkey’s Central Bank is dipping into its gold reserves to defend the Lira, while commercial banks prepare to hike interest rates by 5-6 points. Meanwhile, Turkey continues its role as a diplomatic bridge between the U.S. and Iran. In a striking contrast to this economic turbulence, Turkey has managed to push unemployment to a 21-year low.
As the Iran war enters its 31st day, the conflict is spiraling: Houthi forces launched missile attacks on Israel, while Israel expanded its ground operations into southern Lebanon. To shore up the lira, Turkey has been tapping into its gold reserves. Meanwhile, the OECD has downgraded Turkey’s growth forecast, citing higher energy costs and trade disruptions caused by the war. Diplomatic talks brokered by Pakistan are now being closely watched as a potential turning point.
As Turkey grapples with the economic fallout of the Iran war, the Central Bank is burning through gold reserves to defend the lira, marking the steepest decline in seven years. While the BIST 100 continues a slight slide, Turkey has dropped its opposition to a WTO investment deal for developing nations. In sports, Arda Güler’s stellar performance led the national team to beat Romania and advance to the 2026 World Cup playoff final.
Iran’s move to shut down the Strait of Hormuz has sent shockwaves through global energy markets. Meanwhile, in Turkey, the arrest of actress Hande Erçel and the ongoing trial following the tragic Kocaeli perfume factory fire are dominating local headlines. President Erdoğan has also been weighing in on the economic fallout of regional conflicts at the World Economic Forum.
The Turkish national team has secured a spot in the World Cup European play-off finals after beating Romania 1-0. Meanwhile, global markets are on edge as the conflict in the Middle East enters its 26th day, with fresh economic forecasts from the OECD and Deutsche Bank adding to the domestic conversation.
As the US-Israel-Iran conflict reaches a stalemate, Trump’s claim that "Iran wants a deal" is being flatly denied by Tehran. Meanwhile, back in Turkey, wild swings in gold prices have triggered massive queues at the Grand Bazaar, and the head of TÜSİAD suggests the world is shifting toward a new balance. On the defense front, Turkey has signed a support agreement with the UK to acquire 20 Eurofighter Typhoons.
As the US-Israel-Iran conflict enters its 24th day, Trump’s talk of a ceasefire has rattled global markets. Domestically, the Borsa Istanbul fell by 1.81%, while Emine Ülker Tarhan’s return to the CHP has become the center of political debate.
Create custom signals on any topic. AI curates and delivers 24/7.
Create SignalPowered by
