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Turkey’s $15 Billion Istanbul Canal Explained – TLDR News
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President Erdogan has his heart set on (what even he calls a) crazy canal project. The $15 Billion new canals actually make more sense than you might think, significantly changing the control that Turkey will have over the region. So in this video we explain the problem the canal is trying to solve, why Erdogan thinks it’s the right solution and if the $15B price tag for the Istanbul Canal will be worth it
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TLDR is all about getting you up to date with the news of today, without bias and without filter. We want to give you the information you need, so you can make your own decision.
TLDR is a super small company, run few people with the help of some amazing volunteers. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, following and backing on Patreon. Thanks!
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1 – https://www.economist.com/europe/2021/10/09/a-15bn-new-canal-for-istanbul
2 – https://en.wikipedia.org/wiki/Bosporus#Ancient_Greek,_Persian,_Roman_and_Byzantine_eras_(pre-1453)
3 – https://en.wikipedia.org/wiki/Bosporus#Ancient_Greek,_Persian,_Roman_and_Byzantine_eras_(pre-1453)
4 – https://www.aa.com.tr/en/economy/over-41-000-vessels-pass-through-bosphorus-in-2019/1722573
5 – https://etd.ohiolink.edu/apexprod/rws_etd/send_file/send?accession=osu1574428754309163&disposition=inline
6 – https://en.wikipedia.org/wiki/History_of_the_Russo-Turkish_wars
7 – https://etd.ohiolink.edu/apexprod/rws_etd/send_file/send?accession=osu1574428754309163&disposition=inline
8 – https://etd.ohiolink.edu/apexprod/rws_etd/send_file/send?accession=osu1574428754309163&disposition=inline
9 – League of Nations, Treaty Series (1937). Treaties and International Engagements registered with the Secretariat of the League of Nations. (1936-1937 ed., Vol. CLXXIII, Sea. 4015, pages 215-241).
10 – https://www.economist.com/europe/2021/10/09/a-15bn-new-canal-for-istanbul
11 – http://www.hurriyetdailynews.com/kanal-istanbul-gets-ministry-nod-on-environment-151093
12 – https://www.economist.com/europe/2021/10/09/a-15bn-new-canal-for-istanbul
13 – https://en.wikipedia.org/wiki/Istanbul_Canal
14 – https://www.economist.com/europe/2021/10/09/a-15bn-new-canal-for-istanbul
15 – https://en.wikipedia.org/wiki/Istanbul_Canal
16 – https://www.scmp.com/news/world/europe/article/2149025/how-istanbuls-man-made-canal-project-could-trigger-arms-race-black
17 – https://twitter.com/YolTV/status/1213937433634574336?s=20
source
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Since being elected, Meloni has had a major influence over the EU’s immigration policy, but the new Migration and Asylum Pact may have major consequences for Italy. So what exactly is in the new pact? And has Meloni’s hardline policy backfired?
📰 Too Long: https://toolong.news/
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Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.
TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!
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Sources:
https://newsbriefing.eu/politics/meloni-hardens-migration-rhetoric-as-far-right-rival-vannacci-gains-ground
https://en.ilsole24ore.com/art/number-of-migrants-rises-repatriations-up-34-per-cent-in-the-first-six-months-AJVKjkm?refresh_ce=1
https://home-affairs.ec.europa.eu/policies/migration-and-asylum/pact-migration-and-asylum_en
https://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2013:180:0031:0059:en:PDF
https://italytelegraph.com/posts/italy-blocks-80000-migrant-transfers-what-the-eu-pact-really-changes-for-residents
https://www.euronews.com/my-europe/2026/08/21/sweden-plans-to-send-migrants-to-italy-france-and-spain-reject-dublin-transfers
https://www.euronews.com/my-europe/2026/08/21/sweden-plans-to-send-migrants-to-italy-france-and-spain-reject-dublin-transfers
https://www.eunews.it/en/2026/08/12/five-eu-member-states-are-considering-building-a-repatriation-centre-in-uganda/
https://www.lemonde.fr/en/international/article/2024/10/04/giorgia-meloni-pushes-italy-s-migration-strategy-as-a-model_6728172_4.html
https://www.irreview.org/articles/2024/10/27/giorgia-meloni-is-offshoring-migration-to-solve-italys-immigration-concerns-now-the-rest-of-europe-is-interested-too
https://www.frontex.europa.eu/media-centre/news/news-release/frontex-irregular-border-crossings-down-26-in-2025-europe-must-stay-prepared-lyKpVb
https://www.amnesty.org/en/latest/news/2026/08/italy-disastrous-offshore-agreement-with-albania-must-serve-as-a-wake-up-call-to-end-eus-cruel-migration-plans/
https://brusselssignal.eu/2026/08/vannacci-sanchez-is-right-on-immigration-meloni-is-a-fiasco/
https://www.yahoo.com/news/politics/articles/deputy-premier-salvini-rome-not-193326174.html
https://www.euronews.com/my-europe/2026/08/21/sweden-plans-to-send-migrants-to-italy-france-and-spain-reject-dublin-transfers
https://italytelegraph.com/posts/italy-blocks-80000-migrant-transfers-what-the-eu-pact-really-changes-for-residents
https://italianismo.com.br/com-44-meloni-lidera-avaliacao-enquanto-partidos-perdem-espaco/
source
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Over the past few weeks, there have been many reports of Russian hybrid incidents across Europe. With reported drone incursions and explosives at a German airport, we’re looking into the escalating Russian hybrid war and why it no longer feels so hybrid.
📰 Too Long: https://toolong.news/
🎉 TLDR Party: https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto
Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.
TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!
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Sources:
POLITICO: Russia’s ‘hybrid’ war isn’t so hybrid
https://www.politico.eu/article/russias-hybrid-war-on-europe-is-starting-to-look-a-lot-less-hybrid/
Germany says Russia responsible for drone incident
https://www.bbc.co.uk/news/articles/c5ylm3m67n2o
https://www.lemonde.fr/en/germany/article/2026/09/01/germany-blames-russia-for-airport-drone-incident-hits-back-with-sanctions_6757058_146.html?srsltid=AfmBOorxo7cxCO7l0TFHlXxatD1xyz1S0UqgldCRST2dfYnQWOCJYFzH
EU-NATO talks on German drone incident
https://www.euronews.com/my-europe/2026/09/02/von-der-leyen-russian-drone-incidents-in-europe-are-the-new-normal
https://www.euronews.com/my-europe/2026/09/01/von-der-leyen-pledges-response-to-russian-hybrid-attacks-ahead-of-rutte-meeting
Russian hybrid warfare (Aug/Sep 2026)
https://www.aljazeera.com/news/2026/8/31/poland-opens-terror-probe-into-fire-at-drone-factory
https://www.politico.eu/article/romania-jet-blasts-drone-near-offshore-gas-production-platform/
https://www.euronews.com/my-europe/2026/08/20/nato-jets-scrambled-as-drone-enters-romanian-airspace
Analysis
https://carnegieendowment.org/europe/strategic-europe/2026/07/why-russia-could-escalate-hybrid-warfare-against-europe
https://www.atlanticcouncil.org/dispatches/where-and-how-putin-could-expand-his-war-in-europe-beyond-ukraine/
Russian drone incidents (September 2025)
https://youtu.be/bnt3CNXMPo0?si=RwEWSEx_4Vt69gSb
00:00 – Introduction
01:28 – Context
04:34 – Why It Doesn’t Feel So Hybrid
07:38 – Too Long
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After years of stagnation, German’s economy might finally look to be on the up. In this video, we’re taking a look at the latest data and ask whether Germany has finally turned the corner.
📰 Too Long: https://toolong.news/
🎉 TLDR Party: https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto
Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.
TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!
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Sources
German GDP data 2019-2025
https://www.economist.com/europe/2025/10/23/germanys-much-ballyhooed-autumn-of-reforms-is-a-damp-squib
Germany polls
https://www.politico.eu/europe-poll-of-polls/germany/
https://www.economist.com/europe/2026/08/31/how-the-alternative-for-germany-would-govern
Revised destatis data
https://www.destatis.de/EN/Themes/Economy/National-Accounts-Domestic-Product/_node.html
https://substack.com/home/post/p-211829645
IMF estimates for GDP growth in 2026
https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/EU/EURO/EUQ/IDN
Ifo institute data
https://www.ifo.de/en/facts/2026-06-18/ifo-economic-forecast-summer-2026-energy-price-increase-acting-brake-fiscal-policy
https://www.ifo.de/en/survey-results
Germany trade data
https://www.macrotrends.net/global-metrics/countries/deu/germany/trade-balance-deficit
https://tradingeconomics.com/germany/exports-to-china
https://wits.worldbank.org/CountryProfile/en/Country/DEU/Year/LTST/Summarytext
https://tradingeconomics.com/germany/exports
Indices
https://live.euronext.com/en/financial-news/german-manufacturing-growth-accelerates-august-orders-surge-pmi-shows
https://tradingeconomics.com/germany/manufacturing-pmi
https://www.ifo.de/en/survey-results
source
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Yesterday, Iceland held a referendum on restarting negotiations to rejoin the European Union, 13 years after negotiations were frozen. With the results now in, we’re taking a look at what happened and what it means for the future.
📰 Too Long: https://toolong.news/
🎉 TLDR Party: https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto
Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.
TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!
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Sources:
https://www.dw.com/en/icelands-eu-vote-a-nation-divided-over-europe/a-78285133
https://www.reuters.com/world/narrow-majority-icelanders-back-eu-membership-talks-poll-shows-ahead-referendum-2026-08-26/
https://www.ruv.is/english/2025-01-09-poll-majority-support-eu-negotiations-432591
https://nordics.info/show/artikel/icelands-relationship-with-the-eu
https://www.idea.int/democracytracker/country/iceland
https://newunionpost.eu/2026/02/26/iceland-referendum-eu-accession-talks/#:~:text=hold%20a%20referendum%20on%20reopening%20Iceland%E2%80%99s%20EU%20accession%20talks
https://cb.is/news-and-publications/article/monetary-bulletin-2026-3
https://www.bloomberg.com/news/articles/2026-08-19/iceland-hikes-key-rate-to-8-to-lower-risk-of-prices-spiraling
https://www.thetimes.com/world/europe/article/iceland-eu-referendum-3fqw92st9
https://thefishingdaily.com/icelandic-fishing-industry-news/icelandic-fishing-industry-points-to-ireland-in-eu-warning/
https://www.reuters.com/world/fish-ships-sovereignty-iceland-weighs-its-european-future-2026-08-19/#:~:text=defined%20Iceland’s%20independence%20since%20it%20broke%20away%20from%20Denmark
https://island-esb.is/en/kostnadur/
https://www.ruv.is/english/2026-08-29-iceland-rejects-eu-accession-talks-485377
00:00 – Introduction
01:09 – Context
03:06 – The Two Sides
05:35 – The Final Result
07:38 – Proton Mail
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Earlier this week, a trade war broke about between the US and Canada. But the EU, a more Canada-aligned ally, appears to have a pretty muted response so far. So, in this video, we’re taking a look at the escalating US-Canada trade war, how it’s pushing Canada towards the EU and how the EU is responding.
📰 Too Long: https://toolong.news/
🎉 TLDR Party: https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto
Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.
TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!
//////////////////////////
Sources:
US–Canada trade war
https://www.ft.com/content/7ced71c2-03b8-4569-a68d-14624a7e83f2?syn-25a6b1a6=1
https://www.ft.com/content/e3b5c236-bd5f-45c2-8ddf-5279a7375d3f?syn-25a6b1a6=1
https://www.nytimes.com/live/2026/08/25/us/trump-news-tariffs
https://www.politico.com/news/2026/08/25/us-canadian-trade-war-political-will-01048491
https://www.theguardian.com/world/2026/aug/26/wednesday-briefing-how-canada-has-turned-a-trade-dispute-into-a-defence-of-its-sovereignty
https://www.pm.gc.ca/en/news/speeches/2026/08/22/prime-minister-carney-delivers-remarks-canada-us-trade-negotiations
https://youtu.be/NhEN07dahhw?si=8f4ggIhGGdy3uAy0
Europe’s response
https://www.politico.eu/article/trade-war-mark-carney-middle-powers-alliance/
https://www.politico.eu/article/canada-mark-carney-to-attend-eus-state-of-the-union-ursula-von-der-leyen/
https://www.euronews.com/my-europe/2026/08/25/canada-walked-away-from-trump-could-the-eu-ever-do-the-same
https://www.eunews.it/en/2026/08/25/trumps-tariffs-steer-canada-towards-the-eu-which-welcomes-the-move/
Canada–EU relations
https://international.canada.ca/en/global-affairs/corporate/reports/chief-economist/annual/2025
https://www.politico.eu/article/canada-pact-defense-eu-mark-carney-partnership/
https://youtu.be/GxWtq2ZLfgs?si=_zmZ-0_vtF7EhZrk
Canadian polling on joining the EU
https://yougov.com/en-gb/articles/54662-should-canada-be-allowed-to-join-the-european-union
https://ygo-assets-websites-editorial-emea.yougov.net/documents/Canadians__Opinions_on_Politics_poll_results_syetMgu.pdf#page=3
https://www.theglobeandmail.com/politics/article-canadians-support-becoming-member-european-union-nanos-poll/
source
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@abdmusa3420
February 26, 2024 at 7:25 pm
do like china stop false talk. great erdogan…
@SerbianNationaIist
February 26, 2024 at 7:25 pm
They're actually fucking doing it, the madmen.
Won't matter, since i heard that China may partner with Serbia and Greece to make a canal through the Morava river to go through North Macedonia and all the way to the Aegean sea.
But i don't know, i just saw Real Life Lore's video on the matter, so again, i have no idea
@Jim54_
February 26, 2024 at 7:25 pm
I hate Erdogan, but this canal is a great idea. The massive revenues it makes will easily help to repair the very localised environmental issues
@shashwamy3989
February 26, 2024 at 7:25 pm
Canal istanbul is nonsense and montreux convention is unfair omagin uou have gothel and everyone can stay at hotel for free
@ragnarlothbrok4029
February 26, 2024 at 7:25 pm
If the Canal have cargo ship is way for business that is good for your country that is the best asset for turkey…why you speak crazy. ?????? Canal. See the Panama canal until now that is good for turkey government ..
@spritemon98
February 26, 2024 at 7:25 pm
So that's why russia was able to take Crimea with ease
@mmashorts5351
February 26, 2024 at 7:25 pm
What dump ass logic….
@neon-kitty
February 26, 2024 at 7:25 pm
You didn't mention that there are serious concerns about the environmental impact of this canal. Erdogan's Environment Ministry signing off on the project is in no way indicative of it being safe for the environment (and the way you just glossed over that seems a bit negligent).
@altrnatvthinker
February 26, 2024 at 7:25 pm
noboidy should scrap any convention for benifit when that has already signed, if turkey want to make other canal as turkey going to make turkey has althe right to less pressure on bosporus and tehre anywhere. i personaly thinks istanbul canal is a clever smart project though every artificial canal has certainly enviorntal effect.
@jensschroder8214
February 26, 2024 at 7:25 pm
Where the Turkish currency is coming under more and more pressure because of Erdoan's financial policy. Then Erdoan will probably have to print money to pay for the Istanbul Canal, putting even more pressure on the currency.
The old agreement put a buffer between the parties to the dispute.
@Ibrahim-metahari1968
February 26, 2024 at 7:25 pm
Montreux Convention is outdated neo-colonialist nonsense! Are any waterways in any western countries controlled by non-western nations??? Absolutely not but the West controls the Panama Canal, Suez Canal and the Bosphorus! Outdated white-supremacist nonsense! The Bosphorus is as much Turkish territory as the Mississippi River is American territory (the USA like Turkey is on both sides of a major waterway)! Scrap the Montreux yesterday!
@swapnavenketseetharaman1056
February 26, 2024 at 7:25 pm
This project doesn't make sense to me
@CahitbeyAdiAlinmis
February 26, 2024 at 7:25 pm
As a Turk i am saying that this canal will never be built
@TheL0wner
February 26, 2024 at 7:25 pm
new crusade?
@onurum10
February 26, 2024 at 7:25 pm
You need to have more detailed information about Montreux Convention. It is covering not only the the two straits but also the sea route thru Marmara sea.
Without having information in dept it is futile to make assumptions on the crucial Montreux Convention. The canal will not change the status of the sea route in Marmara sea mentioned in Montreux Convention even many canals constructed on both sides of the two straights. You can not change the statue just by building canals. This is explicitly mentioned in the convention. Put aside neither Turkey or Russia would wish to loose the control recognized and defined by Montreux Convention. It is one of the pillars of peace of the region. USA and other outside military powers is not favor of the convention in order to militarize Black Sea whereas there is no restrictions for the civil transportation.
The canal project has not only economic prospects buyback the safety of the Bosphorus straight is the most important part of it.
The increasing sea traffic is already causing long queues and days long delays which causes high transportation costs and endangering the safe passage of the ships.
So this project would provide safety for 18 million populated city and enhance safer and faster transportation.
Logistic centers ports along with techno parks finance centers marinas hotels and modern infrastructure will boost the economy trade and tourism.
So this USD 15 billion canal project will attract more than USD 50-100bn investment. If you compare it with the new Istanbul airport one of the major airports this may exceed the benefits of being just a sea route. It will be a part of the sea air and rail connection and logistic facilities on the cross routes of north to south east to west of the continents.
Ecological effects should be analyzed in-depth though. As of today a lot of contradicting assumptions were presented however the results are to be seen. The flow of currents between the Black Sea and Mediterranean Sea are going to increase. This may even help the circulation in Marmara sea which is a inner sea.
However this change in ecology this is nothing to compare to Panama or Suez Canal’s exchange of habitats where there was no connection between the oceans earlier. Bosphorus strait already connects the habitats. So the new canal will not be a new connection but a parallel one.
When Analyzing effects of or on earth quakes the scientific data shows that the depth of the canal is minor to create any effects.
So ecological and safety concerns are being the most crucial as long as those will not have such adverse effects but in some aspects brings positive enhancements the economic prospects are great.
So Turkey a long with the other mega projects realized in the past decades is capable and in need of such strategic projects that will enhance the economic and international relations between east to west and north to south trade routes. Such mega projects is a necessity of its geopolitically existence.
@mr.unknown2111
February 26, 2024 at 7:25 pm
Erdogan doesn’t give a shit about 14 hours. Bosphoros chanal give Turkey only 15% of profit and 85% to EU. Soo the idea is:
Make Bosphoros chanal difficult.
Force all ships and cargos to pass through Istanbul chanal with 100% benefits.
Thats means “Fuck Europe and Russia… this is Spartaaa i mean Turkeeeeyy”.
@otgibiyasyorumneala5832
February 26, 2024 at 7:25 pm
Improving the justice system×
Making production to increase exports×
Developing the lousy education system×
Making moves to attract foreign and domestic investors to Turkey×
Spending billions of dollars because of Kanal Istanbul✓
@youeducate6844
February 26, 2024 at 7:25 pm
It will be immensely beneficial for Turkey to build Istanbul Kanal.
@Nuh50
February 26, 2024 at 7:25 pm
Maybe if its possible its better to make the bosporus deeper or wider
@balventray
February 26, 2024 at 7:25 pm
Another ponzi scheme to get turkey into a debt trap by china
@TheSegert
February 26, 2024 at 7:25 pm
Istanbul? Oh you mean constantinople. You that song right? Istanbul is constantinople?
@tanvir-morshed
February 26, 2024 at 7:25 pm
i think turkey will be befitted with such a canal. they will limit the number of non-turk ships to go through rigorous env inspection, sensitization, more wait time, increased piloting fee (current rate is dirt cheap, charge 10 times more for commercial vehicles) etc.
you will always find rich people bothered when you are making money out of their pocket, if you provide free service to them they .will always appreciate how good you are as poor person.
making 8 billions yearly revenue is highly plausible here….
@yazzyazzie
February 26, 2024 at 7:25 pm
Biased rubbish
@markusz4447
February 26, 2024 at 7:25 pm
Can anyone explain why the turks cant "just" pull out of the Montreaux convention if they want to make more money?
I can't imagine too heavy sanctions over it…