The
Straits

Grasp what is happening in and around Turkey.

Twice-weekly brief on the capital, politics and culture of Turkey and its region.

As your chief of staff would write it.

After 7 days the monthly price is 7 USD.

The Signal

Two parties now claim Turkey's opposition

On 21 July, Özgür Özel announced a breakaway party before a group of 83 MPs. The rupture runs along three lines at once.

The ruling: an "absolute nullity" (mutlak butlan) finding voided the congress that elected Özel and handed the party back to Kemal Kılıçdaroğlu.

Capital

The central bank holds, and points at the Red Sea

The TCMB left its policy rate unchanged. The decision text is where the signal is.

The real risk: it flags the Middle East conflict, oil above all, as the inflation risk that could delay the next cut.

The Region

A Red Sea supply shock runs through the corridor

Attacks on two Saudi tankers reset the energy tape overnight.

The move: Brent jumped over 6% to $100.26. Turkey is not a bystander to a Gulf oil shock, it is the alternative route.

The Longer Read

When politics becomes a hazard

Disaster literature counts a democratic crisis as a hazard, because it degrades the capacity to decide.

The mechanism: Turkey's dual municipal and governor structure is the interface now eroding, the same one that failed on 6 February 2023.

The Appendix

The week in numbers

Six figures, one chart, one diary line to watch.

The tape: $100.26 Brent, up 6% · ₺1.815bn Treasury funding contested · easyJet Q2 profit down 70%.

The Room

Nolan's Odyssey, and what gets lost

The most-adapted homecoming story, told in action rather than words.

The read: a note for the diaspora reader on what Istanbul's culture desk makes of it.

What you're subscribing to

A read on Turkey you can act on.

Reported from inside the country and written for the desk that has to make the call. Not the news translated. The context and the judgment behind it.

CadenceTwice a week, Tue & Fri
LengthA five-minute read
PriceFree for a week, then $7/mo

In each issue

01
The Signal
The one development moving under the surface this week, and what it changes for your position. You have it before the international wires do.
02
Capital
Rates, deals and flows read the way a local desk reads them, so you can price Turkish risk without a translator or a consultancy retainer.
03
The Region
How a move in the Gulf, the Caucasus or the eastern Mediterranean actually lands in Ankara. The second-order effect a foreign correspondent files too late to catch.
04
The Longer Read
One reported piece on the structural question behind the week, so you understand the ground under a story, not only its headline.
05
The Appendix
The numbers that matter, one chart, and the single dated event to watch, so you know what belongs on your calendar.
06
The Room
What Turkey's business and political class is actually discussing this week. The read you only get from inside the country.

Also in every issue: a live market tape stamped at send, how the international wires framed the story so you can position against them, and a full searchable archive.

What it costs

One brief, one price.

Everything is included from the first issue you read. Nothing is held back for a higher tier.

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  • Two issues a week, Tuesday and Friday morning
  • Every issue in the archive, from No. 001
  • The market tape stamped at send
  • One sponsor slot an issue and no other advertising
  • Written in English, reported from Istanbul

Who it's for

For the people who have to get Turkey right from the outside.

Built for a specific reader, not a general audience. If Turkey sits in your money, your mandate or your desk, it is written for you.

The allocatorLondon · Gulf · New York

Prices Turkish and CEEMEA risk and needs the read before it becomes a headline.

The operatorCorporates · dealmakers

Runs or is entering a business in Turkey and needs the ground truth, not the brochure.

The policy handDiplomats · press

Covers the region and answers for it, and cannot wait for the wires.

The principal abroadDiaspora

Wants serious coverage of home, from people who live there.

Where it comes from

We take in everything Turkey produces in a day and hand you the part that changes your decision.

Seven years of Aposto's Istanbul newsroom sit behind every issue.

Into the newsroom every day

  • Ten Aposto newsletters, across every desk
  • Reporters and editors based in Turkey
  • Analyst notes and trading-desk views
  • Official filings, ministries and company reports
  • Market data and primary-source search
  • The record from seven years of coverage

Selected, checked, re-reported and rewritten by the Istanbul desk.

The Straits

One five-minute brief, twice a week, built for a reader outside the country.