Politics9/3/2025Bloomberg

Turkish Opposition Calls Protests After Ruling Spooks Market

Turkish Opposition Calls Protests After Ruling Spooks Market

The Turkish opposition party has called for protests in Istanbul, following a surprise court ruling that has raised concerns about the country's democratic state. The ruling had a significant impact on the financial markets, wiping nearly $9.2 billion off the main stock index. The court's decision has heightened fears about the direction of Turkey's democracy, with the opposition party accusing the government of using the judiciary to suppress political dissent. The protests are seen as a response to this perceived overreach of power by the ruling party. The article highlights the growing tension between the government and the opposition, and the impact that these political developments can have on the economy and financial stability of the country. The situation is expected to be closely watched by both domestic and international observers as it unfolds.

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