Recep Tayyip Erdogan won this Sunday, May 28, the victory in the second round of the presidential election in Turkey. He was re-elected for a five-year term.
In power for twenty years he won 52.1% of the vote against 47.9% for his opponent Kemal Kiliçdaroglu. The Turkish lira has lost more than half of its value in two years and this week reached 20 pounds to the dollar. The official inflation rate was more than 40% over a year after exceeding 85%.