With less money in their pockets, Turkish voters may punish the government of Recep Tayyip Erdogan in upcoming municipal elections. And the construction boom is weakening. Many developers can't sell their properties, which have become ghost towns.
President Erdogan and his Islamic conservative AKP are facing potential losses in Sunday's local elections, largely over Turkey's faltering economy. The vote is now seen by many as a referendum on Erdogan.
The Turkish parliament has decided to deploy troops to fight in Libya's civil war. President Recep Tayyip Erdogan is not only helping an ally in need — he is also helping himself.
The ruling AKP's loss in Istanbul's local elections was the worst political defeat Turkey's president has ever suffered, and it could be symbolic of a deeper crisis. Is this the beginning of the end of the Erdogan era?
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