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] The ITU - Turkey Is Bank Marmara Active Fault Hazard and Risk Application and Research Center, described as Turkey's Apollo Project, has begun, through its interdisciplinary structure, to produce the necessary data for earthquake studies more rapidly. Haberler
• [New] Pasinex owns 100% of Sarikaya Group IV lead-zinc operating license in Kayseri Province, Turkey, representing significant potential for near-term profitability and major zinc discoveries. Pasinex Resources Limited
• [New] Upon approval, Pasinex Arama will own 100% of Horzum A.S., which holds the Pinargozu zinc mine and the Akkaya and Mahyalar licenses in Turkey. Pasinex Resources Limited
• [New] Under the medium-term program, Turkey expects the full-year deficit to reach USD50.1bn (3.6% of GDP), underscoring lingering fiscal pressures amid high inflation, a weak currency, and substantial debt-servicing costs. MUFG Research
• [New] Turkey have won the rights for 2026's COP and in no small part their position was informed by their withdrawal from the Glasgow bid. Australian Broadcasting Corporation
• [New] Under COP rules, If neither Australia nor Turkey cede their bid, hosting rights will default to the German city of Bonn, which is the home of the United Nation's committee. Australian Broadcasting Corporation
• [New] In Turkey, more incentives for solar energy are expected by 2025. PROMER ENERGY INSAAT SANAYI TICARET LIMITED SIRKETI
• [New] Turkey has a rich solar energy potential. PROMER ENERGY INSAAT SANAYI TICARET LIMITED SIRKETI
• [New] The EMEA region has seen only marginal downward forecast adjustments, but it is still projected to outpace other regions-driven primarily by hyperinflation in markets like Turkey, Egypt, and Nigeria, where nominal growth rates are in the high double digits. IDC: The premier global market intelligence company
• [New] Potato Peels Offer Promising Solution for Water Pollution A study by researchers at Batman University in Turkey has revealed that discarded potato peels could be used as a low-cost, environmentally friendly method to remove heavy metals and industrial dyes from contaminated water. Spud Smart
• [New] The average retail price of a turkey will be approximately $2.05 per pound in November, which is 25% higher than a year ago, costing consumers about $31 for a 15-pound bird. CNBC
• [New] Turkey aims to increase its solar and wind power capacity to 120 gigawatts by 2035, which government projections estimate will require $28 billion in transmission investments. Turkiye Today
• [New] Foreign investors poured $1.9 billion into Turkish bonds in early 2025 due to high yields, but face risks from potential policy reversals and currency volatility. Ainvest
• [New] Turkey is signaling that Hamas could hand over power in Gaza. Counter Extremism Project
• [New] Turkey's 2026 Presidential Annual Program introduces a comprehensive R&D roadmap that includes the space sector among its national innovation priorities, alongside chips, AI, and green technologies. Middle East Space Monitor by AzurX
• [New] Turkey has pledged to adopt a national emissions-trading scheme in order to align with the European Green Deal and avoid additional import duties once the EU's Carbon Border Adjustment Mechanism comes into force in 2026. Oxford Analytica
• [New] In 2030, annual geothermal capacity additions will reach a historic high, triple the 2024 increase, driven by growth in the United States, Indonesia, Japan, Turkey, Kenya and the Philippines. Energy Tracker Asia
• [New] Turkey and the UAE's performance in Somalia might show whether they are able to take on bigger roles in other areas of U.S. interest, such as maritime security and Syria. The Washington Institute
• [New] An increasing number of European states are recognising the potential of closer political and defence relations with Turkey, which has the second-largest military force in NATO and a world-class defence industry. Oxford Analytica
• Turkey will move to take legal steps under its terror-free Turkey initiative once security institutions confirm that the PKK has fully laid down arms and dismantled itself. Daily Sabah
• Turkey's gaming industry is growing rapidly, projected to generate $3.33 billion in revenue in 2025. City AM
• While overall EM inflation is expected to cool to approximately 5% in 2025 from 8% in 2024, it largely remains above the 2% targets common in developed economies, with pockets of double-digit inflation persisting in countries like Bolivia, Ghana, and Turkey. The Chronicle-Journal

Last updated: 24 November 2025