Erdogan's party Suffers Big Loss in Turkey local Elections

#erdoğan #turkey #elections

The Opposition Republican People's Party or CHP trounced Turkey's ruling AK Partisi in local elections, it what marks the beginning of the end of Erdogan's twenty-five year rule. Canvassing, going into the polls the Turkish President had said this would be his last political campaign, and looking at results into the early hours of Monday April 1st, it had become clear that a vast majority of Turkey's 57 million registered voters had had enough. Interest rates it Turkey stand at a whopping 53% meaning most businesses have become technically insolvent; inflation has also sky-rocketed after the dollar has quadrupled against the Lira which was approaching 33 to the greenback.

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