On September 3, Turkey's central bank took back 16 tons of gold that it had pledged as security for a loan of roughly $1.8 billion in dollars. It was the last in a series of such deals that began with the Iran war, and the return lifted Turkey's gold reserves to 791.4 tons.

A major global flashpoint the world is watching is the Indo-Pacific, where China seeks to unify Taiwan under its rule, either diplomatically or by force, as stated in Beijing’s own constitution. Over the last several decades, Beijing has built up its military (PLA) into a force that rivals the U.S. Armed Forces in preparation for regional expansion and influence.

The Israeli government is exploring closer cooperation with Japan on semiconductor technology, and Tokyo has already approved subsidies for an Israeli chip investment in Japan. The investment's importance, however, extends beyond commerce, reflecting an intent to deepen ties between the two countries.

In February 2026, India joined the Pax Silica Declaration, a US-led supply-chain framework designed to secure mainly critical minerals and semiconductors (also known as chips). Prior to that, the Indian government established India Semiconductor Mission (ISM) in 2021 to strengthen the domestic semiconductor ecosystem by about 10 billion US dollars of subsidy. For years, India’s semiconductor ambition has attracted less attention than the equivalents in the USA, EU, Japan and South Korea. As American memory giant Micron Technology started its manufacturing in Gujarat in February 2026, India’s ambitions seem to finally start making progress with international and domestic supports.

Iran's closure of the Strait of Hormuz may ultimately prove more consequential than its military campaign in reshaping the region's energy landscape. Saudi Arabia is operating its pipeline to the Red Sea at capacity and evaluating an expansion. The United Arab Emirates is constructing a second line to bypass Hormuz.

The NATO summit held in Ankara on July 7 and 8 produced few surprises. By the standards of the alliance in its current condition, a summit that ends without a scandal counts as a success, and Ankara delivered one. Participants across delegations described a flawlessly organized event in which every need had been anticipated, a sentiment the summit declaration itself echoed in recording the allies' appreciation for Turkey's hospitality.

This report analyzes Turkey’s vision for Syria following the fall of the Assad family and the rise of the HTS under the leadership of Ahmad al-Sharaa. In this regard, it focuses on the foreign actors that, alongside Turkey, now have the greatest ability to shape Syria’s future: namely the United States and Israel.

This report focuses on Turkey's prominence as an emerging market for cocaine trafficking and organized crime in the last decade. Cocaine production in Latin America has dramatically increased since 2013, and Turkey’s status as an emerging market has attracted the attention of Latin American government officials on the front lines of the cocaine trade.

Küresel güç dengelerinin yeniden şekillendiği bir dönemden geçmekteyiz. Asya ülkelerinin güçlü ekonomik performansı nedeniyle dünyanın ağırlık merkezi Batı’dan Doğu’ya doğru kaymaktadır. Özellikle Çin’in hızlı yükselişi yeniden çok kutuplu bir dünyanın oluşmaya başladığına işaret etmektedir.