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December 21, 2021

Middle East and North Africa
Why One Man Can Ruin Turkey’s Economy

Did Erdogan break Turkish politics by empowering the presidency—or was it broken already?

Turkish President Tayyip Erdogan greets his supporters in Istanbul, Turkey, April 16, 2017.

December 21, 2021

Middle East and North Africa
Why One Man Can Ruin Turkey’s Economy

Did Erdogan break Turkish politics by empowering the presidency—or was it broken already?

October 19, 2021

Middle East and North Africa
Erdogan Might Be Too Sick to Keep Leading Turkey

Evidence is growing that Turkey’s president is ailing—and that could be bad news for the country’s politics.

Turkey's President Recep Tayyip Erdogan leaves after the Global Refugee Forum at the United Nations in Geneva, Switzerland, December 17, 2019

October 27, 2021

Middle East and North Africa
What Erdogan’s Struggles Mean for U.S.-Turkey Relations

An imprisoned opponent, dire economic conditions, and ongoing tensions with the United States all pose challenges to President Erdogan’s increasingly erratic leadership.

October 30, 2020

Middle East and North Africa
How Erdogan Muscled Turkey to the Center of the World Stage

In the last decade, President Recep Tayyip Erdogan has shaped Turkey into a revisionist power that challenges not just its neighbors, but also allies such as France and the United States.

 Turkish President Recep Tayyip Erdogan waves while surrounded by members of the Grand National Assembly of Turkey.

September 21, 2020

Middle East and North Africa
The UAE-Israel Agreement Isn’t Only About Iran. There’s Also Turkey.

Israel and the UAE both see Iran as a mutual enemy, but their decision to normalize relations also helps them form a united front against Turkey’s growing regional influence.

A child sits on a man's shoulders and holds the Turkish and Palestinian flags.

September 21, 2020

Europe and Eurasia
France vs. Turkey: A Showdown in the Mediterranean Is Brewing

With Washington absent and Berlin indifferent, it has fallen to Paris to deter and defuse the situation.

Three Greek and French military vessels sail in formation in the Mediterraneans Sea.

October 23, 2020

Turkey
The Changing Nature of Turkey’s Balance Sheet Risks

Pay attention to banking system's foreign currency exposure to the government ...

The Changing Nature of Turkey’s Balance Sheet Risks

May 5, 2020

Turkey
Turkey Shows the Value of Balance Sheet Analysis

Selling reserves borrowed from the banks ultimately puts the health of Turkey's banks at risk.

Turkish External Debt (USD BIllions)