Turkey Jails Erdogan’s Political Rival, Sparks Protests and Market Instability

Reported 2 days ago

Turkey has arrested Istanbul Mayor Ekrem Imamoglu, a leading opponent of President Erdogan, on corruption charges, which is expected to fuel protests and further destabilize the economy. Imamoglu's detention comes as he was to be declared the opposition's presidential candidate for the 2028 elections, and it presents a critical test for Erdogan amid rising inflation and political unrest. The arrest has already led to a significant downturn in Turkish markets, with the central bank intervening to stabilize the lira and prevent economic fallout.

Source: YAHOO

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