Saturday, 15 August 2026 ··

God Morgon

Geopolitics · Europe · Sweden · Türkiye · the economy

Türkiye

The market puts year-end inflation at 29.4 percent, a day after the central bank said 28

The market puts year-end inflation at 29.4 percent, a day after the central bank said 28

The central bank's August survey of market participants, run from 10 to 12 August with 68 respondents from the financial and real sectors, lifted the end-2026 inflation expectation from 29.21 to 29.43 percent. That is just under one and a half points above the 28 percent the bank moved its own forecast to on Thursday. In the same survey the respondents put the policy rate at 37 percent after the September meeting and 35.25 percent by year end, the dollar at 51.66 lira, and the current account deficit at 50.2 billion dollars for 2026.

The DEM Party brings its congress forward to 6 September

The DEM Party brings its congress forward to 6 September

Party spokesperson Ayşegül Doğan said on Thursday that the party's fifth ordinary grand congress is being brought forward to 6 September, and called the newly passed framework law on national solidarity and social integration an important turning point that opens a path toward democratisation without being a final settlement. Doğan also said there is no legal ground for keeping either Selahattin Demirtaş or Figen Yüksekdağ in prison, that the European Court of Human Rights and Constitutional Court rulings should be implemented, and that no new legislation is needed to release them.

Hyundai becomes the first foreign carmaker to build an electric car in Türkiye

Hyundai becomes the first foreign carmaker to build an electric car in Türkiye

Mass production of the fully electric IONIQ 3 began on Friday at İzmit after an investment of 250 million euros, and Industry and Technology Minister Mehmet Fatih Kacır said at the ceremony that it is the first time an international manufacturer has produced a fully electric passenger car in the country. The plant will start at 30,000 cars a year. More than half of it has been modernised over two years, and Hyundai Mobis is also building a battery system assembly facility on the site.

The CHP moves to expel a lawmaker under investigation for sexual offences

Party spokesperson Müslim Sarı said on Friday that Ahmet Baran Yazgan had been referred to the disciplinary board with a request for expulsion, after footage circulated showing him being beaten inside a home. The Ankara chief prosecutor's office has opened an investigation into allegations of sexual harassment and sexual assault. Police records say Yazgan was beaten by three people at a birthday gathering in Edirne at around three in the morning on 13 August, after allegedly making sexually explicit remarks to a woman.

Europe

NATO shot down a drone over Latvia, and Turkish F-16s were scrambled too

NATO shot down a drone over Latvia, and Turkish F-16s were scrambled too

Two Italian Eurofighters scrambled from Šiauliai in Lithuania and shot down a drone that had entered Latvian airspace, and two Turkish F-16s from Ämari in Estonia went up at the same time. All the aircraft were under NATO command and an investigation is running. Latvia's defence ministry wrote that the vehicle had entered the country as a result of Russian electromagnetic warfare, and this is the second such shootdown over Latvia after the first in June.

EU enlargement nears its moment of truth, and Iceland votes until 29 August

EU enlargement nears its moment of truth, and Iceland votes until 29 August

Montenegro and Albania are nearing membership, Ukraine and Moldova are taking their first definitive steps out of Moscow's orbit, and EU officials say more negotiating chapters have closed in the last six months than in the whole of the preceding decade. Iceland is meanwhile holding a referendum, with voting open until 29 August, on resuming its accession talks. The question now forcing itself on Brussels is geographical balance: Serbia's bid divides member states, and calls to keep the balance could tie Ukraine's progress to Belgrade's.

Eleven bodies sighted off Libya, with deaths rising even as fewer people cross

Eleven bodies sighted off Libya, with deaths rising even as fewer people cross

A monitoring plane run by SOS Méditerranée and the Humanitarian Pilots Initiative sighted eleven bodies in an advanced state of decomposition on Friday, around 57 nautical miles or 105 kilometres from the Libyan coastal city of Zuwarah. The Italian coast guard says it notified Libyan authorities because the bodies lay in Libya's search and rescue zone. The IOM said this week that 821 people died or went missing in the central Mediterranean in the first four months of the year, a rise of 111 percent on 2025, while arrivals on the same route fell 46 percent to 8,577.

The World

Trump says he will soon declare the Strait of Hormuz United States territory

Trump says he will soon declare the Strait of Hormuz United States territory

Speaking to supporters in New York on Friday, the president said with a chuckle that after finishing off Iran the United States will pretty soon declare the Strait of Hormuz a territory of the United States. Since the war began on 28 February, Iran has restricted traffic through the strait, which before the war carried roughly a fifth of the world's oil supply, and control of the waterway is now the sticking point in ceasefire negotiations. A June memorandum of understanding required Iran to make its best efforts for the safe passage of commercial vessels, but each side accused the other of violations and fighting resumed by the end of that month.

Lebanon's prime minister presses for a timetable for an Israeli withdrawal

Lebanon's prime minister presses for a timetable for an Israeli withdrawal

According to a statement from his office on Friday, Nawaf Salam met the United States ambassador to Beirut Michel Issa and General Joseph Clearfield, who heads the US military coordination group for Lebanon, and stressed that Israel must stop destruction operations and set a clear timetable for withdrawal from Lebanese territory. Speaker Nabih Berri met the same US officials separately and said Israel had not stopped its violations and attacks, citing continued village demolitions, bulldozed farmland, forest fires and damage to heritage sites.

Venezuela says it has freed 131 political prisoners

Venezuela says it has freed 131 political prisoners

The interim government said on Friday that those released had been granted alternatives to incarceration under a Programme for Peace and Democratic Coexistence. The opposition movement Vente Venezuela says it independently verified 43 releases and the rights group Foro Penal at least 40, both well short of the official figure. US Secretary of State Marco Rubio called the releases a crucial step and wrote that 1,046 Venezuelans have been freed since the United States overthrew and detained Maduro on 3 January this year. The country is now governed by Maduro's former vice-president, Delcy Rodríguez.

Sweden

The Tidö parties set up a waste commission

The Tidö parties set up a waste commission

Finance Minister Elisabeth Svantesson on Friday presented a new inquiry that the government and the Sweden Democrats are calling a waste commission. It is to work systematically through state spending and judge what the state should be doing more of and less of, and the stated motive is to fund higher defence spending without raising more tax than necessary. Åke Nordlander, director general of the Swedish Export Credits Guarantee Board, will lead it, reporting in part by 12 March 2027 and in full by 21 January 2028, well after the election.

The Centre leader attacks the jobs policy of the bloc she means to govern with

The Centre leader attacks the jobs policy of the bloc she means to govern with

Elisabeth Thand Ringqvist says more jobs and higher growth are priority election pledges for the Centre Party, while the parties it intends to govern with are running a policy that on her account produces fewer jobs. The Social Democrats are perhaps not the most growth-friendly party, she said of Magdalena Andersson's party. The split is worth noting a month before the vote, because the opposition bloc leads in the polls and still has no agreed shape for a government.

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