World News by Wild Rose

Turkey’s fund-industry crisis is inflicting some of its heaviest losses on smaller, less-liquid stocks, widening a divide with large-cap names that have benefited from regulatory support.

Saudi Arabia, Turkiye and Pakistan move to deepen defence coordination as Houthi attacks and Yemen fighting intensify.

Turkey’s economic authorities will hold two days of talks on how to repay investors in 131 investment funds being liquidated after a wave of redemption failures triggered turmoil in the country’s markets.

Turkey will gradually hand over control of its Bashiqa military base in northern Iraq to Baghdad, Ankara and Baghdad said Wednesday, in a move aimed at strengthening Iraqi state authority and easing a long-running source of tension between the neighbours.

Two weeks after putting his savings into a high-flying Turkish stock fund on the advice of a relative, Mehmed Kervanci was frantically hitting the sell button on his phone’s trading app.

Turkey arrested high-profile finance executive Emre Tezmen and four others as part of an ongoing investigation into imploded funds that have caused billions of dollars of investors’ money to evaporate.

Rifat Hisarcıklıoğlu, President, Union of Chambers and Commodity Exchanges of Türkiye (TOBB); Chair, COP31 Business Forum delivers welcome remarks at the COP31 Business Forum New York Dialogue at Bloomberg Green New York 2026. (Source: Bloomberg)

Um estudante abriu fogo em frente à sua escola de ensino médio na província de Manisa, no oeste da Turquia, na madrugada desta terça-feira (22), ferindo pelo menos 11 alunos, informou o ministro da Justiça, Akin Gurlek. Dois dos feridos estavam em estado crítico, disse Gurlek. O agressor foi capturado e sua mãe, seu pai e seu avô — dono da arma usada no ataque — foram detidos, acrescentou o ministro. Notícias relacionadas:Estudante mata 9 pessoas no segundo ataque a escola da Turquia .“Quando se trata da segurança de nossas crianças, não é possível ignorar qualquer negligência ou irresponsabilidade”, afirmou Gurlek no X. “As circunstâncias em que a criança obteve a arma usada no ataque, as condições de armazenamento da arma, as obrigações dos pais quanto aos cuidados e à supervisão, e as alegações de bullying antes do incidente estão sendo investigadas minuciosamente, sob vários ângulos”, acrescentou. Imagens e vídeos postados na internet mostraram uma figura masculina caminhando por uma rua próxima à escola com um rifle nas mãos. Em seguida, ele foi visto correndo de volta pela mesma rua. Um vídeo gravado do lado de fora da escola mostrou a polícia afastando familiares e outras pessoas que estavam nos arredores. O motivo do ataque não ficou claro imediatamente. O gabinete do governador local informou que o ataque ocorreu por volta das 8h na Escola Secundária Profissional e Técnica da Anatólia Inci Uzmez, no distrito de Turgutlu. Dois tiroteios fatais em escolas, ocorridos em abril, causaram indignação na Turquia e levaram as autoridades a adotar novas medidas de segurança para o ano letivo de 2026-2027, incluindo controles mais rígidos sobre armas de fogo. Antes disso, o país não tinha histórico de ataques desse tipo. O vice-presidente Cevdet Yilmaz disse que o ministro do Interior, Mustafa Ciftci, e o ministro da Educação, Yusuf Tekin, estavam indo para Manisa para fazer inspeções. *É proibida a reprodução deste conteúdo.

Goldman Sachs Group Inc. analysts said Turkish investors exiting money market funds during a redemption crisis are most likely transferring a majority of their savings to lira deposits.

Borsa Istanbul is removing a factoring company at the center of Turkey’s crackdown on investment funds from its indexes of the country’s most valuable stocks.

Turkey is considering to establish a pool of assets from funds frozen by regulators following defaults that sparked investor panic last week, an official familiar with the matter said.

Uganda's army said Saturday it had suspended military cooperation with Turkey, after demands for Ankara to hand over a prominent political blogger and fierce critic of President Yoweri Museveni.

Ankara expresses readiness to assist Riyadh as Houthi attacks escalate, testing a recent trilateral defence agreement.

Turkish authorities on Saturday detained high-profile finance executives as part of an investigation into a “ponzi-like” funds scheme.

Turkey’s sovereign wealth fund bought stocks on Thursday to prop up the nation’s equity market, according to people with knowledge of the matter, the latest move to contain fallout from a crash in the country’s fund management industry.

Turkish officials are trying to stop a meltdown at some of the country’s most prominent asset managers from infecting the wider financial industry. Several top finance executives were either detained or given travel bans as part of a widening investigation related to mass outflows from asset managers this week. Bloomberg's Beril Akman reports. (Source: Bloomberg)

Turkey has turned to two of its biggest banks to oversee the liquidation of 131 investment funds caught up in turmoil that has shaken the country’s asset-management industry.

Turkish President Recep Tayyip Erdogan intends to run in an early election in 2028 in order to circumvent the constitutional term limits he would face if he serves out his full current term, a top adviser said Thursday. Under Turkey's constitution, parliament can trigger early elections given the support of 360 lawmakers, meaning the ruling AKP and its nationalist ally MHP will need support of at least 34 more lawmakers. 

Turkey’s market regulator said it will liquidate some funds managed by seven asset management companies, including Tera Portfoy and Pusula Portfoy.

Turkey’s market regulator filed criminal complaints against dozens of people and imposed trading bans over alleged share-price manipulation by asset managers at the heart of turmoil that’s shaken the country’s investment fund industry.

Turkish courts have jailed more LGBTQ activists and supporters, raising to 62 the number remanded in custody following a weekend crackdown, a legal rights group said on Wednesday. Speaking with FRANCE 24's Mark Owen, Koen Slootmaeckers, Reader in International Politics at City St George's, University of London, says that Turkish President Recep Tayyp Erdogan wants to claim "the idea of a strong, masculine state and LGBTQ people are a threat to this ideal".

Eight members of Turkish LGBTQ+ ⁠rights group ​Kaos GL were jailed pending trial on Tuesday as part of a national operation the government ​says is protecting family values and children, but which rights groups say targets fundamental rights.

The Middle East stands on the precipice of a new nuclear age, with Saudi Arabia set to acquire American uranium enrichment technology and Turkey eager to follow suit, as Iran weighs withdrawal from the treaty that bars it from making atomic bombs. Momentum is building: last week, the United States and Israel both threatened further air strikes against Iran’s nuclear facilities, claiming it was attempting to resurrect the programme. The country’s three main complexes were buried deep underground...

Turkish police on Sunday swooped on gay bars and the homes of LGBTQ activists, arresting at least 60 people in raids authorities said were aimed at boosting traditional family values, officials and activists said. Turkey's LGBTQ community has frequently been targeted by the government, with President Recep Tayyip Erdogan lashing it as a "deviant movement" of "perverts" responsible for the falling birth rate. FRANCE 24's Monte Francis speaks with Yildiz Tar, Editor-in-Chief of KaosGL.org.

Turkish police on Sunday swooped into gay bars and the homes of LGBTQ activists, arresting at least 60 people in raids authorities said were aimed at boosting traditional family values, officials and activists said. Turkey's LGBTQ community has frequently been targeted by the government, with President Recep Tayyip Erdogan labelling it as a "deviant movement" of "perverts" responsible for the falling birth rate. In this edition, FRANCE 24's Monte Francis speaks with Yildiz Tar, Editor-in-Chief of KaosGL.org.

Turkish police fired tear gas at pro-LGBTQ demonstrators in the western city of Izmir on Monday, as activists protested a nationwide crackdown that saw dozens arrested over the weekend in a campaign authorities described as defending traditional family values.

Turkish authorities on Sunday launched raids on gay bars, nightclubs, LGBTQ association offices and activists' homes in a sweeping crackdown in several cities as part of the government's "My Family is Safe" operations, Turkey's justice minister said. More than 60 people were arrested, according to the state news agency, in raids condemned by human rights groups.

Turkish police on Sunday made dozens of arrests in a slew of raids on gay bars and the homes of LGBTQ activists. Authorities said the raids came in the context of the "Decade of the Family" proclaimed by Turkish President Recep Tayyip Erdogan, aimed at "protecting our children, the institution of the family and social order".

Turkish police on Sunday arrested at least 60 people in mass raids on gay bars and the homes of LGBTQ activists, in what authorities said was an operation aimed at boosting traditional family values. The raids sparked condemnation from rights groups and opposition parties, as well as the European Union parliament's rapporteur on Turkey. France 24’s Jasper Mortimer has the latest.