Arts organisations described the attacks as a "pointless witchhunt", pointing out that the theatre is subsidised in almost every developed country and that Turkey`s state theatres are the fullest in Europe, thanks to low prices and a mostly traditional repertoire that appeals to conservative and religious audiences in the governing AK party`s Anatolian heartlands. More
When NATO meets in Chicago this weekend, intervention in Syria is sure to be discussed – perhaps by Syria`s neighbor, Turkey, which presents itself as a democratic model for the Middle East with a strong military. But questionable investigations of its military undermine those claims. More
Turkey is showing renewed interest in reviving its stalled bid to join the European Union now that Nicolas Sarkozy, one of its key opponents, is no longer the president of France. The 27-nation bloc also seems keen to put life back into Ankara`s membership aspirations. More
Nechirvan Barzani, prime minister of the Iraqi Kurdistan Regional Government, has informed the Turkish government about an ongoing political crisis in Iraq which has caused further polarization between the country’s Shiite, Sunni and Kurdish groups, Turkish President Abdullah Gül said. More
Turkey on Friday called on major international oil and gas companies seeking licenses to search for gas deposits off Cyprus to withdraw their bids, saying it will not allow exploration to go ahead and threatening to ban them from Turkish energy projects. More
Turkish drones were responsible for the initial intelligence footage that prompted a deadly strike against civilian smugglers, Turkey`s armed forces said Thursday, seeking to damp a furor sparked by a Wall Street Journal article that described the role played by a U.S. drone. More
PUK leader Talabani met with officials of his party in Erbil this month and said that Kurds have already decided to stay with Iraq. “The right of self-determination does not mean declaring independence,” Talabani said. “When we voted for the Iraqi constitution and chose federalism for Kurdistan, it was a form of self-determination for the Kurds. Those who ask for self-determination only through announcing Kurdish statehood are mistaken." More
The dispute between Turkey and Israel over major natural gas fields under the eastern Mediterranean escalated sharply after Ankara scrambled F-16s to intercept an Israeli aircraft over Turkish-controlled northern Cyprus, where Ankara has started exploratory drilling. More
he secretary of Iran’s Supreme National Security Council has said that the country will not back down an inch in the face of Western pressure to relinquish its rights to advance its peaceful nuclear program. More
Sinan Ulgen, a former Turkish diplomat and now chairman of the Centre for Economics and Foreign Policy Studies think-tank, said Erdogan’s increasingly strident approach was aggravating strains in ties between Ankara and its neighbors. “It is his posturing that has led to crises with our neighbors. If he hadn’t approached matters in a polarizing, black-and-white fashion, we wouldn’t have lost the ability to manage these relationships,” Ulgen said. More
There is no improvement whatsoever in inflation expectations (April second survey) -- they suggest that more than the 5% medium term target, 7% or so is a more plausible working number for medium-term inflation. Make Image Larger
Istanbul Analytics is an information platform on Turkish economy and politics run by two veteran economists, Murat Üçer and Atilla Yesilada.
They teamed up a few years ago to start a small research enterprise in Istanbul specializing on Turkish macroeconomic and political analysis. Their primary engagement is to advise international clientele, as part of LatinSource/GlobalSource network of advisors, but they wear several hats... Murat is a co-founder of Turkey Data Monitor serves as adjunct faculty at Koc University while Atilla regularly writes in his web site Bilge Ekonomist and hosts finance programs in media.