Turkey is on borrowed time

The Turkish government has relied on the improving economy to keep voters sweet.

Turkey's current government, the AKP, Turkey's Justice and Development Party, won 48% of the vote in local elections last Sunday. The main opposition achieved just 28%.

Prime Minister Recep Erdogan pledged to punish his rivals for being part of what he described as a foreign-backed conspiracy to topple his government.

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Andrew Van Sickle
Editor, MoneyWeek