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Erdoğan’s pre‑summit crackdown highlights rising political risk for NATO allies and Turkish markets

Executive summary: Turkish President Recep Tayyip Erdoğan launched a crackdown on journalists and civil society actors ahead of the NATO summit in Ankara. The move raises concerns about press freedom, tests NATO cohesion, and could affect defense contracts and market stability in Turkey.

Who is involved: Recep Tayyip Erdoğan, Turkish security forces, NATO allies, journalists and press‑freedom organisations, EU and US officials.

Likely next: Continued restrictions, possible diplomatic pushback from NATO partners, and market reactions in Turkish lira and defense‑sector stocks.

Turkish President Recep Tayyip Erdoğan has ordered a crackdown on journalists and activists just days before the NATO summit in Ankara, drawing swift condemnation from press‑freedom groups. The action threatens to strain alliance cohesion, could trigger European regulatory scrutiny, and adds volatility to Turkish financial instruments and defense‑sector outlooks.

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Analysis — what this means

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