ISTANBUL, Sept 17 (Reuters) – The head of Turkey’s Bank Asya
has vowed to strengthen its capital base and see off
what he described as a systematic campaign to undermine it,
warning the attack on his bank could sour foreign investors’
views of Turkey.
The Islamic lender, with more than a million deposit-holding
customers and 280 branches, is caught at the centre of a power
struggle between President Tayyip Erdogan and Fethullah Gulen,
an Islamic cleric whose sympathisers founded the bank.
ISTANBUL, Sept 9 (Reuters) – Likening foes in the judiciary
to medieval “Assassins” betraying Turkey, Tayyip Erdogan made
one thing clear as he assumed the presidency last month: his
battle to purge their influence over the courts is far from
The power struggle has transformed a judicial election next
month, normally an unassuming affair, into a key battleground.
The vote will decide the members of the High Council of Judges
and Prosecutors (HSYK), responsible for the appointments,
transfers, promotions and expulsions of the country’s top
ANKARA/ISTANBUL (Reuters) – One of Turkey’s most senior judges warned against government interference in the judiciary on Monday, signaling a looming struggle for influence over the courts as President Tayyip Erdogan pursues a drive against his political foes.
Sworn in as head of state last week, Erdogan has vowed to press a struggle against U.S.-based Islamic cleric Fethullah Gulen, an ally-turned-arch-enemy whom he accuses of using influence within the judiciary and police to try to seize the levers of state power.
ISTANBUL, Aug 27 (Reuters) – Turkey’s central bank
unexpectedly lowered its overnight lending rate on Wednesday, in
a move seen as having little easing impact and more as a signal
to a government keen for rate cuts that it is supporting the
The bank said it would keep policy tight until there is a
clear improvement in the inflation outlook, however, suggesting
the cut at the upper end of its corridor of interest rates was a
token gesture amid rising inflation expectations.
ISTANBUL (Reuters) – A Turkish aid group said on Monday it would again send ships to challenge the Israeli blockade of Gaza, four years after Israeli commandos stormed its flotilla bound for the Palestinian territory and killed 10 Turks.
The plan looked set to throw a fresh obstacle in the way of efforts to rebuild shattered diplomatic ties between Turkey and Israel, just as Ankara launches an “air corridor” carrying wounded Palestinians to Turkey and aid to Gaza.
ISTANBUL (Reuters) – Tayyip Erdogan was set to be Turkey’s next president after local media credited the veteran prime minister with more than half the vote with nearly all the ballots counted.
After an election on Sunday that his opponents say may create an increasingly authoritarian state, broadcasters said Erdogan had 52.3 percent of the vote, 13 points more than his closest rival. Such a result would rule out a runoff round and seal Erdogan’s place in history as Turkey’s first directly elected head of state, a role expected to enhance his power.
ISTANBUL (Reuters) – Tayyip Erdogan was poised to become his country’s first elected president as Turks go to the polls on Sunday, fulfilling his dream of what he calls a “new Turkey” and what his opponents say will be an increasingly authoritarian and polarized nation.
A victory for Erdogan would seal his place in history after more than a decade as prime minister in which Turkey has emerged as a regional economic power, riding on a wave of religiously conservative support to transform the secular republic founded by Mustafa Kemal Ataturk in 1923.
ISTANBUL, Aug 7 (Reuters) – A battle between Turkish Prime
Minister Tayyip Erdogan and Islamic cleric Fethullah Gulen
intensified on Thursday, with police arrests, a government move
against an Islamic lender and a reported purge of the domestic
Erdogan accused supporters of U.S.-based Gulen of a “vile
betrayal” of Turkey, as he campaigned for a presidential
election on Sunday which opinion polls forecast he will win.
ISTANBUL (Reuters) – Dozens of Turkish police officers were detained on Tuesday in a widening probe of wiretapping allegedly targeting Prime Minister Tayyip Erdogan, and he said operations against his foes within the state apparatus were just beginning.
Police took 33 of their colleagues into custody on Tuesday in Istanbul, Ankara and across southeast Turkey, NTV said, days ahead of the country’s first presidential election which opinion polls forecast Erdogan will win.
ISTANBUL (Reuters) – Turkish Prime Minister Tayyip Erdogan inaugurated a $4 billion high-speed train link between Istanbul and Ankara on Friday, the latest in a series of “mega projects” he hopes will help him win a presidential election in a few weeks time.
Turkey’s economic development – driven partly by major infrastructure projects – has been the foundation of Erdogan’s popularity despite deepening discontent among his opponents at what they see as growing authoritarianism.