Turkey

A series of foreign policy miscalculations has left Turkey with few friends although it still has interests in common

US-backed forces have encircled Islamic State in Raqqa, but are vulnerable on other fronts

Activity is picking up but medium-term risks remain high

Erdogan’s grip will tighten as he eliminates opponents and consolidates his powerbase

With January-March FDI stagnant, there are doubts over Turkey’s appeal to major international investors

Turkish business enjoys a large export market in the EU whatever the strains at the political level

Inflation may come down from its double-figure peak but is likely to remain high for the foreseeable future

A German anti-IS squadron looks set to move to Jordan from Incirlik amid Turkish indifference