Tayyip Erdogan

Turkey: The AK Party Erdogan founded more than a decade ago lost its parliamentary majority in weekend polls, ending more than a decade of single-party rule and dealing a blow to ambitions for a powerful U.S.-style presidency, according to Euro News. For Turkey, a political uncertainty not seen since the 1990s beckoned. Straying from his vast new $500 million palace, Turkish President Tayyip Erdogan hosted a senior opposition lawmaker at his more modest Ankara residence on Wednesday and appeared, so the lawmaker said, to be in a mood for compromise. Any instability in Turkey is a worry for the European Union and NATO, since the country lies on the edge of the turbulent Middle East with Islamic State militants conducting operations just across its border. Prime Minister Ahmet Davutoglu said all options would be exhausted before an early election was considered, and made clear that Erdogan, constitutionally barred from party politics, would not be involved. Forced to find a coalition partner for the first time in its history or risk an unstable minority government, the conservative, Islamist-rooted AKP top brass held a third day of meetings on Wednesday to consider their options. (news.financializer.com). As reported in the news.