· Media caption Ekrem Imamoglu and his supporters celebrate in Istanbul. Turkey’s ruling AK Party has lost control of Istanbul after a re-run of the city’s mayoral election, delivering a stinging blow to President Erdogan.
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· Those are, for now, due in 2023 but are widely expected to come earlier after the AKP’s crushing defeat. Why Erdogan’s big ambitions could come tumbling down Vultures are already circling, with Mr Erdogan’s predecessor as President preparing to launch a breakaway party, as is a former Prime Minister.
· With the family’s future and his reputation on the line, Shawn needs a big payout. Anything less and the entire empire could come tumbling down.
· Opposition parties again cried foul – but were quickly shouted down by the government. The loss of Ankara, Istanbul and several other cities would be a serious blow to Mr Erdogan and could be a turning point after 16 years of his rule.
Slate launches real estate lending platform with $500M target Downswing in mortgage market turkish banking system outlook is negative: Moody’s – Latest News Moody's calls Turkey's banking system is fragile – Daily Sabah – international rating agency moody’s has announced its outlook for Turkey’s banking system. Moody’s Investors Service said its outlook was negative for the second consecutive year because of the subdued economic growth and currency volatility, which would reduce growth opportunities for banks and impair borrowers’ ability to service their loans.Following nine consecutive weeks of increases, mortgage rates began 2017 by dipping down, with the average rate for a 30-year, fixed-rate mortgage (FRM) falling to 4.20%, down from 4.32% the previous week, according to Freddie Mac’s Primary Mortgage Market Survey. A year ago at this time, the 30-year FRM averaged 3.97%.. real estate firm Slate Property Group has launched SCALE Lending to provide up to $750 million in transitional and bridge loans to real estate operators and sponsors in the New York City area..
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It will likely hasten splits in his ruling AKP and amplify talk of the post-Erdogan era. He will stress that he’s in power for the foreseeable future – elections are not scheduled until 2023 – but many will expect them earlier. The result in Istanbul feels like it could be a precursor to them. So how did the opposition win?
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The defeat of Turkish President Recep Tayyip Erdogan’s AKP party ends 25 years of its rule in Istanbul. As the scale of Ekrem Imamoglu’s victory became clear, his.
Image copyright ReutersImage caption Ekrem Imamoglu hailed the result as a "new beginning" for the cityTurkey’s ruling AK Party has lost control of Istanbul after a re-run of the city’s mayoral election, delivering a stinging blow to President Erdogan. With nearly all ballots counted, main opposition party candidate Ekrem Imamoglu had a lead of 775,000 [.]
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