Turkish court ousts leader of main opposition party | Politics News

A Turkish court overturned the 2023 leadership election of the main opposition Republican People’s Party (CHP), reinstating former chair Kemal Kilicdaroglu as interim leader. The ruling is seen as a move against the CHP, which won a significant victory over President Recep Tayyip Erdogan's AK Party in the 2024 local elections and has been rising in polls. The CHP rejected the decision as an "attempted coup," while the government claimed it renewed faith in the rule of law. The ruling sparked market turmoil, with the Borsa Istanbul index dropping 6 percent and government bonds sliding.