The moment of truth for Turkey’s executive president and currency manipulator-in-chief has arrived.
Turks are voting on Sunday in local elections which President Tayyip Erdogan has described as a matter of survival for Turkey and which were marred by lethal violence that left two party members dead in the country’s southeast.
While Erdogan, who last June won a presidential election which further cemented his rule by gaining executive powers, has become the country’s most popular, yet also most divisive, modern leader, he could be dealt an electoral blow with polls indicating his ruling AK Party (AKP) may lose control of the capital Ankara, and even Istanbul, the country’s largest city according to Reuters.
And with the stagflating economy in a deep recession following a currency crisis last year which saw the lira lose more than 30% of its value, some voters appeared ready to punish Erdogan, who has ruled with an increasingly uncompromising stance.
“I was actually not going to vote today, but when I saw how much they (AKP) were flailing, I thought this might be time to land them a blow. Everyone is unhappy. Everyone is struggling,” said 47-year-old Hakan after voting in Ankara.
The polling stations closed at 4 p.m. local time in eastern Turkey and an hour later in the rest of the country. While early indications from preliminary vote counts were expected two or three hours after voting closed, though a clear picture would take longer especially if the voting process is rigged, as some have warned may happen.
Ahead of the election, the lira once again tumbled forcing the central bank to briefly hike the overnight swap rate to a ludicrous 1300% and force a short squeeze; however with the elections now over, many expect the currency’s free fall will resume apace as Turkey’s economic woes and runaway inflation are only getting worse. Last week Erdogan blamed the country’s economic woes on attacks by the West, saying Turkey would overcome its troubles and adding he was “the boss” of the economy.
“The aim behind the increasing attacks towards our country ahead of the elections is to block the road of the big, strong Turkey,” Erdogan told a rally in Istanbul on Saturday.
Sunday’s elections, in which Turks vote for mayors and other local officials across the country, are the first since Erdogan assumed sweeping presidential powers last year and will be a reckoning for his government, which has come under fire for its economic policies and record on human rights.
Meanwhile, as on prior elections, Sunday’s vote was marred by violence in the southeast and Istanbul where two members of the small Islamist Felicity Party, a polling station official and an election observer, were shot dead in Malatya province, a party spokesman said. Media reports said one person had been detained. After voting in Istanbul, Erdogan said he was saddened by the incident and that it was being thoroughly investigated. Some 553,000 police and security force members were on duty for the vote nationwide.
Elsewhere, two people were hurt in the town of Diyarbakir, after being stabbed in a dispute between candidates, a hospital source told Reuters, while dozens of people were hurt in other election-related clashes in the southeast.
One person was stabbed as 15 people clashed in a row between candidates in Istanbul’s Kadikoy district, a police source said.
* * *
With all eyes now on the results, defeat in Ankara or Istanbul would end nearly a quarter of a century of rule by Erdogan’s AKP or its predecessors in Turkeys’ two most important cities and deal a symbolic blow to Turkey’s leader; it is unclear if such a result would prompt Erdogan to become less confrontational or seek to further tighten his grasp on control.
Ahead of the vote, the main opposition Republican People’s Party (CHP) and Iyi (Good) Party formed an electoral alliance to rival that of the AKP and its nationalist MHP partners. The pro-Kurdish opposition Peoples Democratic Party (HDP), which Erdogan has accused of links to Kurdish militants, is not fielding candidates for mayor in Istanbul or Ankara, which is likely to benefit the CHP.
“Before, this city did not have the services I have now seen. I gave my vote to the AK Party for services to continue,” said tradesman Haci Ahmet Beyaz, 43.
In typical fashion, in the days leading up to the vote Erdogan held over 100 rallies across the country and blasted his rivals as terrorist supporters and warned that if the opposition candidate wins in Ankara, residents would “pay a price”. His opponents have denied the accusations and challenged his characterisation of the elections as a matter of survival.
“We’re electing mayors. What does this have to do with the country’s survival?” Kemal Kilicdaroglu, head of the CHP, told a rally in Eskisehir.
We will bring you the election results as soon as they are released.
via ZeroHedge News https://ift.tt/2VdVKP3 Tyler Durden