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Turkish Markets Anxious About Direction of New Government

The success of Turkey's AK Party in recent snap elections drew a positive response from financial markets.  Analysts, however, are warning the markets are concerned about how the AKP will use its new political mandate. The unexpected landslide victory by the AKP saw not only its supporters celebrating, but also the country’s financial markets. The lira and stock markets surged after months of losses following political uncertainty after June’s election and the expectation...

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