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2026-05-22 22:55:50
[Turkey's London Roadshow Disrupted by Political and Market Turmoil] Senior Turkish economic officials met with London investors to alleviate concerns about the country's accelerating inflation. Hours later, a landmark ruling by an Ankara appeals court removed Ozgur Ozel, leader of the largest opposition party, triggered political turmoil and market volatility. The Turkish government stated it would "take necessary and coordinated steps to maintain macro-financial stability," and analysts expect the court's impact to be relatively short-lived. Long-term investors in Turkey are accustomed to being caught off guard by unexpected events—from the sudden dismissal of the central bank governor and other senior economic officials late at night to the arrest of prominent figures in politics and civil society. Such events can wipe out an entire year's expected returns within minutes.
