Erdoğan bids to contain fallout from Turkey’s $18bn stock market scandal

President Erdoğan is attempting to manage the repercussions of a $18 billion stock market scandal in Turkey, promising to hold those responsible for manipulative schemes accountable. The situation has led to the resignation of the deputy chair of the governing party, adding to the political turmoil. This scandal is significant as it could affect investor confidence and Turkey's economic stability, potentially influencing the country's relationship with international financial institutions. Erdoğan's response will be closely watched for its implications on both domestic politics and the nation's economic future.