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President Erdogan consolidates power by ousting opposition leader Ozel and briefly closing Bilgi University, while positioning Turkey as a mediator between the US and Iran. The economy remains peripheral to domestic political crackdowns, and security forces suppress opposition protests.
May 2026
Week of May 25, compared to 12-week average
Top sources covering Turkey
Turkey's economy shows no major domestic developments this period; ambient signals include a diverted Spanish prime minister's plane landing in Turkey and a magnitude 5.8 earthquake, but no discrete economic events.
Erdogan moves against opposition: a court ousts opposition leader Ozel, and Erdogan signs a decree closing Bilgi University before reversing it days later. Erdogan also engages diplomatically with Iran and the US, telling Trump that issues with Iran can be resolved.
Turkish riot police enter opposition headquarters to evict ousted leadership and use water cannons and tear gas at opposition protests. Germany announces deployment of Patriot air defence system to southeast Turkey. A shooting in southern Turkey leaves 4 dead and 8 injured.
Ousted opposition leader Ozel draws thousands in an Ankara protest, signaling sustained public opposition. A magnitude 5.8 earthquake strikes east-central Turkey, and Erdogan's call for more babies meets public resistance.
