Thursday, 22 October 2026 ··

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Geopolitics · Europe · Sweden · Türkiye · the economy

Türkiye

Türkiye detains 31 more suspects as $20 billion fund probe widens to 217

Türkiye detains 31 more suspects as $20 billion fund probe widens to 217

Prosecutors detained 31 more people over irregular trading in four Borsa Istanbul-listed firms, bringing the fund-crisis investigation to 217 suspects in total, 85 of them remanded in custody. Erdoğan put the cost of the crisis at $20 billion in mid-October; more than 450,000 investors are affected, and fund managers allegedly tried to move money abroad before their assets could be frozen.

Opposition mayor of Bolu sentenced to over seven years for extortion

Opposition mayor of Bolu sentenced to over seven years for extortion

A Turkish court convicted CHP mayor Tanju Özcan of repeated extortion through coercion, sentencing him to just over seven years in prison and banning him from politics for four years; he was also suspended from office pending appeal. Özcan, long known for clashes with Ankara, called the verdict politically motivated and said he would appeal.

EU's Kallas presses Türkiye's Fidan over Libya maritime deal in Brussels

EU's Kallas presses Türkiye's Fidan over Libya maritime deal in Brussels

EU foreign policy chief Kaja Kallas told Foreign Minister Hakan Fidan that Libya's maritime memorandum with Türkiye “infringes upon the sovereign rights of third states,” after Libya's parliament ratified the 2019 accord earlier the same week. The deal has long drawn objections from Greece and Cyprus, whose own maritime claims in the eastern Mediterranean it overlaps.

Europe

French unions call nationwide action for November 5 after 'no measures' from government

French unions call nationwide action for November 5 after 'no measures' from government

Union leaders left a two-and-a-half-hour meeting with Prime Minister Sébastien Lecornu saying the government offered no concrete response to this month's nationwide cost-of-living protests, which turned to looting. CGT general secretary Sophie Binet said strike action must “take over” from November 5, with nearly 2,500 people detained since the unrest began.

European Parliament honours investigation into Italy's migrant centres in Albania

European Parliament honours investigation into Italy's migrant centres in Albania

The Daphne Caruana Galizia prize went to Dutch outlet De Correspondent for its report on two Italian-run detention centres in Albania that cost 259 million euros over two years to hold 256 people. The investigation found Italian authorities withheld contracts and barred journalists, before the centres were repurposed in 2025 after repeated legal setbacks.

The World

Houthi strike on Dammam airport kills one as US pulls diplomats' families from Saudi Arabia

Houthi strike on Dammam airport kills one as US pulls diplomats' families from Saudi Arabia

A projectile hit the tarmac at King Fahd International Airport in Dammam, killing one person and wounding eight, widening a month of Houthi attacks on Saudi airports that has already struck Riyadh's King Khalid airport four times. The US State Department ordered non-emergency staff and their families to leave its Saudi mission, with similar orders expected across other Gulf posts.

Qatar and France demand open Strait of Hormuz, enforcement of Gaza ceasefire

Qatar and France demand open Strait of Hormuz, enforcement of Gaza ceasefire

Emir Sheikh Tamim bin Hamad Al Thani and President Emmanuel Macron, meeting in Doha, called for freedom of navigation through the Strait of Hormuz 'without constraints or fees' and for Israel's withdrawal from Gaza under the agreed ceasefire terms. The joint statement came as Macron continued a tour of Gulf states.

Sweden

Swedish Liberal leader vows to block Andersson as prime minister

Swedish Liberal leader vows to block Andersson as prime minister

Liberal Party leader Simona Mohamsson said her party will vote against Magdalena Andersson in all three remaining prime minister votes, rejecting the five-party centrist option the Centre Party has been asked to explore. Andersson has already been defeated once; if the next three votes also fail, a new election is forced.

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