An Ankara court has annulled the 2023 leadership election of Turkey’s main opposition Republican People’s Party (CHP), reinstating former leader Kemal Kilicdaroglu as interim head. This ruling is seen as part of ongoing judicial pressures against the CHP, which recently gained momentum after local election successes. The CHP condemned the decision as an “attempted coup,” while the government claimed it reaffirmed the rule of law. Following the ruling, the Borsa Istanbul index dropped significantly, reflecting investor concerns over political instability.
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