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1.Market Observations, 8.Was Sticky

26 June 2018 (AFR) – Erdogan emerges all-powerful after Turkish election victory

(26 June 2018, AFR, p36, by Carlotta Gall)

‘​Turkish voters gave President Recep Tayyip Erdogan a decisive victory in national elections Sunday, lengthening his 15-year grip on power and granting him vastly expanded authority over the legislature and judiciary. The election was the first to be held since Turkish voters narrowly approved a referendum last year to give the president – once a largely ceremonial role – sweeping executive powers. Erdogan will also have a pliant Parliament, with his conservative party and its allies having won about 53 per cent of the vote in legislative elections Sunday.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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