Erdogan's re-election sends Turkish lira to new lows.

The Turkish lira has hit a record low after President Recep Tayyip Erdoğan's election win, with analysts predicting further drops this year. Erdoğan's victory, with 52.16% of the vote, gives him a mandate to continue his unorthodox economic policies and rogue foreign policy decisions. The election campaign was divisive, with both sides deploying misinformation. Erdoğan's win was underpinned by hardline nationalist sentiment, leading to warnings of increased attacks on the LGBTQ+ community and women. The AKP will now try to reclaim control of Turkey's largest urban centres in next year's local elections.