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TURKEY FACES ELECTION RUNOFF, ERDOGAN SEEN WITH MOMENTUM  

by DailyBriefers May 15, 2023
May 15, 2023 9 comments


Government

15 May 2023, 7:28 pm 1 minute

By Reuters News Agency

Reuters led reporting of the Turkish presidential elections, from initial
reports showing President Erdogan’s comfortable lead to the subsequent local
news of his lead dropping below 50%, making a runoff likely. With Erdogan facing
the most credible challenge to his power in two decades, markets were watching
the results closely. The lira and stock markets fell sharply as Erdogan’s
position went against polling results in the runup to the election.




MARKET IMPACT

The lira and stock markets fell sharply as Erdogan’s strong result went against
what had been seen in polling in the runup to the election.

Article Tags

Topics of Interest: Government

Type: Reuters Best

Sectors: Government & Public Services

Regions: Middle East

Countries: Turkey

Win Types: Speed

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story


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