To investors, the prospect of a stable one-party government comes as a relief. The most important share index on the Istanbul stock exchange gained ground after the AKP's election victory. But the party is accused of stalling on much-needed reforms.
The International Monetary Fund (IMF) has warned about Zimbabwe's "very difficult" economic situation, saying it's threatened by high government spending, an untenable foreign exchange regime and inadequate reforms.
Ankara's mayor, Melih Gokcek, has stepped down, becoming the sixth mayor to resign as Turkey's Erdogan purges his party's ranks. Erdogan appears to be worried about a string of elections in 2019.
Turkey's President Recep Erdogan is on his way to Serbia – along with a phalanx of welcomed investors. It is more than an economic visit: Ankara is looking for political inroads to the EU's backyard.
In Saudi Arabia's massive anti-corruption sweep, the vast majority of businessmen and officials implicated have agreed to financial settlements, Crown Prince Mohammed bin Salman has told The New York Times.
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