Global Scans · Turkey · Weekly Summary

WHAT'S NEXT?: Uncertainties over Turkey's eventual political position abound. With EU decisions in doubt, recent crackdown on opposition parties causing concerns, and being embroiled in complex Middle East politics and fighting terrorism on its borders and internally, which way will she swing?

• [New] Turkey plans to raise its installed data center capacity to at least one gigawatt by 2030 and introduce rules governing data center standards and energy efficiency. Turkish Minute
• [New] Turkey's agricultural sector is expecting a strong year for grain production in 2026, supported by favorable temperature trends, rainfall distribution in May and continued low drought risks, a sector representative told Anadolu. Yeni Safak
• [New] Most of Turkey will experience hot, sunny conditions throughout the week, making it an excellent time for beach holidays and outdoor activities. RestProperty
• [New] If growing regional instability is used to justify treating domestic pluralism primarily as a political survival concern, Turkey risks converting geopolitical strength into political centralization rather than long-term national resilience. Middle East Council on Global Affairs
• [New] Syria and Turkey coordinated Euphrates releases as conditions stabilized, but the atmospheric dynamics that drove the May flooding are expected to persist through summer. ISCIENCES
• [New] Oil & Gas Infrastructure - Turkey and Iraq are expected to sign a new 12-month agreement governing the Turkiye-Iraq Crude Oil Pipeline, with Ankara confirming that Iraqi crude exports to the Mediterranean port of Ceyhan will continue. More News From NowHere
• [New] GE Aerospace will supply Turkish Technic with dedicated test equipment, OEM parts and structured technical support. Aviation Week Network
• [New] Turkey will work with the Organization of Turkic States to develop a shared large language model covering the Oghuz, Kipchak and Karluk branches of the Turkic language family. Turkish Minute
• [New] Plus - Turkey is reportedly considering giving up its Russian-made S-400 air defence system in hopes of convincing Washington to allow Ankara back into the F-35 fighter jet program. iHeart
• [New] Fitch expects inflation to fall from 32.0% in June to 29.5% by end-2026 and 18.0% by end-2028, though it will remain the highest among Fitch-rated sovereigns. / Turkey MUFG Research
• [New] Fitch affirmed Turkey's 'BB -' sovereign rating with a Stable Outlook, citing continued orthodox policies, low public debt and a resilient banking sector, while highlighting high inflation, weak external liquidity and policy credibility risks as key constraints. MUFG Research
• [New] Turkey began to confront and prevent threats to its territorial integrity and political independence through military operations conducted beyond its borders. Daily Sabah
• [New] There is little doubt that Turkey will receive the General Electric engines for its domestically produced KAAN fighter jet. Al-Monitor:
• [New] The USDA attributed the production increase to larger crops expected in Brazil, the United States, Turkey, and Central Asia. Fibre2Fashion
• [New] The USDA's July WASDE raised its 2026-27 global cotton production forecast to 117.26 million bales, with higher output in Brazil, the US and Turkey lifting ending stocks slightly despite stronger consumption. Fibre2Fashion
• [New] Israel wanted to make clear that it does not see Turkey only as a future aerial threat, but as a broader strategic challenge, one that could affect freedom of navigation, energy infrastructure, and deepening cooperation with Greece and Cyprus. The Jerusalem Post
• [New] Inflationary pressures have intensified across emerging markets in Europe, the Middle East and Africa, with Nigeria and Turkey recording stronger energy inflation than previously expected. Businessday NG
• [New] Turkey will continue to contribute to efforts aimed at preserving regional peace and stability. TRT World
• [New] Turkey, with the deep-rooted experience of yesterday and the unshakable will of today, will continue to be the strongest bridge for world peace. hurriyetdailynews.com
• In the Middle East, Turkey's central bank is expected to keep its rate steady at 37% as policymakers assess the impact of the Iran war on the inflation outlook. financialpost
• The $7 billion logistics project, which would connect Basra to Turkey by land, will compete with Egypt's Suez Canal and position Basra as a gateway to Europe. Technocracy News

Last updated: 03 August 2026