InfoAnda - Turkish referendum win boosts Erdogan and markets |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Some Myanmar political prisoners receive amnesty | 19 September 2009
ND town tries for most fire trucks in a parade | 16 August 2009
Sri Lanka seizes coast, tightens noose on Tigers | International | | 16 May 2009

Rescuers search for missing after Philippine quake | | 7 February 2012

Forum Views () Forum Replies ()

Read more with google mobile : Turkish referendum win boosts Erdogan and markets |

Edition: U.S. Article Comments (0) Slideshow Save Email Print Reprints Most Popular Most Shared Iraq combat over but U.S. troops still in danger 8:36am EDT US scientists learn how to levitate tiny objects 07 Jan 2009 Hurricane Igor packs a punch in Atlantic Ocean 8:08am EDT Four killed during Koran protest in Indian Kashmir 8:19am EDT Basel eases capital fears, top banks still in spotlight 10:41am EDT Financial stocks rise after Basel III 10:45am EDT Artificial "skin" materials can sense pressure 12 Sep 2010 Dow rises more than 1 percent | Video 10:42am EDT Coroners examine remains from California gas blast | Video 12 Sep 2010 Mexican marines capture top drug lieutenant | Video 9:14am EDT Iraq combat over but U.S. troops still in danger 8:36am EDT Basel eases capital fears, top banks still in spotlight 10:41am EDT California seeks China's help for high-speed rail 1:07am EDT US scientists learn how to levitate tiny objects 07 Jan 2009 Walking helps keep body and brain young 6:06am EDT Banks mull BlackBerry options for corporate email 10 Sep 2010 UPDATE 2-Nokia's Vanjoki resigns as new CEO Elop comes in 3:36am EDT China to ease restrictions on foreign investment 12 Sep 2010 Small-business bill could be Democrats' last hope on jobs 9:31am EDT Environment watch 10 Sep 2010 NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here. Turkish referendum win boosts Erdogan and markets Tweet This Share on LinkedIn Share on Facebook Factbox Key political risks to watch in Turkey 11:20am EDT Analysis & Opinion Turkey’s Erdogan scores reform referendum victory ANALYSIS-India’s economic reforms in limbo as state polls near Related Topics World » Turkey » 1 / 10 Supporters of Turkey's Prime Minister and leader of Turkey's ruling Justice and Development Party Recep Tayyip Erdogan cheer in front of the Party building in Istanbul September 12, 2010. Credit: Reuters/Osman Orsal By Simon Cameron-Moore and Daren Butler ISTANBUL | Mon Sep 13, 2010 11:20am EDT ISTANBUL (Reuters) - Turkey's government vowed to press on with its reform plans on Monday after victory in a referendum on constitutional change which boosted markets and the AK Party's prospects of winning a third term in power. Approval of the charter led to a flurry of applications by rights groups to prosecute the leaders of a 1980 military coup, who were stripped of immunity by one of the changes in the reform package. No sooner had Prime Minister Tayyip Erdogan declared victory in Sunday's plebiscite than he aroused Turkish secularists' worst fears by serving notice that the AK, which has roots in political Islam, would start work on a new constitution. The referendum outcome fired up financial markets, sending shares to a record high, and the finance minister said it provided an opportunity to extend Turkey's reform programme. The "yes" vote was 58 percent to 42 percent for the "no" camp, according to unofficial results. The turnout, in an electorate of just under 50 million, was 77 percent. "'Yes', but it is not enough," said a headline in the liberal newspaper Radikal, saying the result showed enthusiasm for change and the desire for a totally new constitution. Turks voted on the 30th anniversary of the 1980 coup, and Erdogan had whipped up public support to change a charter written during army rule by reviving memories of the repression that followed the generals' takeover. "Turkey cleans away the shame of the coup," said a headline in the pro-government Sabah newspaper. Rights groups leapt into action in the wake of the vote, filing petitions with the Ankara prosecutor's office to prosecute the leaders of the coup, including former president Kenan Evren, for crimes against humanity. After the coup, about 50 people were executed, hundreds of thousands were arrested, many were tortured, hundreds died in custody and many disappeared. Evren, 93, has defended the coup, saying it brought an end to years of violence between left-wing and right-wing factions in which about 5,000 people were killed. MARKETS RALLY Turkish assets rallied as investors viewed the results of the referendum as a boost for stability and for the prospects of the government winning a third term in a parliamentary election due by July 2011. Equities rose by 2 percent to a record high, the lira reached its strongest levels against the dollar in a month and the benchmark bond yield shed as many as 11 basis points. Economist Timothy Ash at RBS said the 'yes' voted would be perceived as a sign of support for modernization and reform as Turkey moves toward European Union accession. "Second, the vote is a huge victory for Turkey's ruling AK Party, especially given the opposition had attempted to make this a vote of confidence in the government," he said. Opponents fear an emboldened AK Party will unleash a hidden Islamist agenda if it wins another term in the next election, although Erdogan denies any plan to roll back modern Turkey's official secularism. Many reforms approved in Sunday's poll were uncontroversial, but changes to the way senior judges are selected have raised concern that the judiciary will lose its independence. Critics believe the AK government will push through legislation without fear of the Constitutional Court blocking its way, as it did in 2008 when it struck down moves to remove a ban on women attending university from wearing Muslim headscarves. Coming from Islamist parties banned in the late 1990s, AK Party leaders liken their movement to Europe's conservative Christian Democratic parties. Erdogan's government has won over many Turks by spearheading a drive to join the EU and overseeing reforms and a period of unprecedented economic growth which have transformed Turkey from a financial basket case into a star emerging market. Finance Minister Mehmet Simsek told Reuters approval of the reforms reinforced macroeconomic and political stability. "This will boost confidence in Turkey. This will provide an opportunity to broaden and deepen our reform programme." A deep recession last year reduced AK's election hopes but a robust recovery has restored voters' faith, judging by the outcome of Sunday's plebiscite. The secularist opposition's poor showing was crowned by a mix-up that prevented Kemal Kilicdaroglu, chairman of the Republican People's Party (CHP), from voting. The CHP has pinned hopes on Kilicdaroglu to galvanise the party of Turkey's founder, Mustafa Kemal Ataturk, before next year's vote. Many people now expect the divisions between AK supporters and secularists to deepen, as a spirit of compromise remains in short supply in Turkey's democracy. Faruk Logoglu, a former ambassador to the United States, said he believed politics would polarize and harden. "The ruling party will become even less receptive to the opposition, and the opposition will use tougher words and approaches to undermine the government," he said. (Additional reporting by Orhan Coskun and Alexandra Hudson; Editing by Andrew Dobbie) World Turkey Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Monday, 13 September 2010
Iran ready to free detained U.S. woman on bail
US-TECH Summary
Central bankers reach deal on new bank regulations
Finesse needed on "difficult" Iran
Artificial "skin" materials can sense pressure
Deutsche Bank unveils record capital hike to buy Postbank
Forbes Predicts Mukesh Ambani As Richest Man On Earth By 2014
Netanyahu hints at settlement construction limits
Greek PM rules out any restructuring of national debt
Kentucky Breakfast Rage Kills 5
Enbridge Claims Oil Spill Contained
Four killed in clashes in northern Iraq
Iran to release US detainee on $500,000 bail
2 killed in Afghan anti-Quran-burning protest
NATO says 5 insurgents killed in Afghanistan
Thousands of Chinese swim in Taiwan lake
Sumo event starts with vow to sever yakuza ties
Petraeus issues guidance for Afghan contracting
Igor strengthens to category four hurricane
China mass measles vaccination plan sparks outcry
Iran says to release US detainee on 500,000 dollars bail
China summons Japanese ambassador again over boat
Artificial skin materials can sense pressure |
US-ENTERTAINMENT Summary
New "Resident Evil" sequel rules world box office
'Resident Evil' takes box office lead
Redford digs into Lincoln assassination plot
MTV awards revive Taylor Swift, Kanye West rivalry |
Redford digs into Lincoln assassination plot |
New Resident Evil sequel rules world box office |
Obama aides suggest going soft on Afghan corruption
Robotics breakthrough: Scientists make artificial skin
Pope's visit aimed at easing tensions with Anglicans
Mexican marines capture top drug lieutenant |
Turkey referendum win puts Erdogan in poll for 2011
Rare North Korea meet delayed due to leader's health: report |
Russian police swoop on opposition protest
Mosque retreat will feed extremism, warns NY imam
Thousands held without trial in Iraq jails: Amnesty
French New Wave film director Claude Chabrol dies at 80
Greek PM rules out any restructuring of national debt
Japan frees China boat crew, calls for gas talks |
Police, Reporters Far Outnumber Protesters In Front Of Controversial Church
U.S. handover puts Iraqi prisoners at risk
Pope praises Catholic convert ahead of Britain trip
Brazil's Rousseff takes heat in televised debate |
British troops in Afghanistan face heroin smuggling probe
Japan PM candidates woo undecided MPs before vote |
Backers of Guinea election rivals clash in streets |
2 killed in Afghan anti-Quran-burning protest
Turkey referendum win puts Erdogan in pole for 2011 |
Israeli shelling kills 3 Palestinians in Gaza
Netanyahu hints at settlement construction limits
Philippine Muslim rebels say ready for peace talks
S.Korea activists to stage anti-G20 protests
U.S. handover puts Iraqi prisoners at risk: Amnesty |
Iran ready to free detained U.S. woman on bail
Japan PM and rival in party leadership showdown
Instant View
Thailand denies visas to Vietnam rights activists
Take That in live show reunion
Thailand denies entry to Vietnam activists: group
Lady Gaga the big winner at MTV music awards
Health of N.Korea's Kim delays key party meeting
NBC originally said no to release of 'SNL' doc
Chinese martial arts master to teach Fijians tai chi
Geithner not satisfied with China progress on yuan
Danny Boyle comes to the rescue of French filmmaker
Japan PM candidates woo undecided MPs before vote
Boyle, Franco challenged in survival film "127 Hours"
Wife directs Bollywood star Aamir Khan in latest film
India's lost Buddhist university to rise from ashes
Take That's Williams, Barlow reunite for charity
Igor strengthens to category four hurricane
NZ quake rebuild to boost 2011/12 GDP
Seoul shares hit new 27-mth closing high on autos
Korea Fin Corp eyes up to $750 mln bond sale this wk
Bidder to appeal ruling on AIG Taiwan unit: report
Bidder to appeal ruling on AIG Taiwan unit-paper
Korea Hot Stocks
KNOC eyes up to $1 bln foreign bond sale in 2010
Seoul shares rise; Hyundai Homeshopping rallies
Carrefour cuts rivals from S.E Asian store auction: report
Lady Gaga the big winner at MTV music awards |
Boyle, Franco challenged in survival film 127 Hours |
Take That's Williams, Barlow reunite for charity |
Sofia Coppola's film on celebrity wins in Venice |
U.N. nuclear body and Iran clash over barred inspectors
Fourteen killed in Koran protests across Indian Kashmir |
Google to buy Israel's Quicksee: report
Iraq combat over but U.S. troops still in danger
Air strikes kill 14 in Afghanistan: NATO
Mobile phone users enlist YouMail "digital secretary"
U.N. nuclear body, Iran clash over barred inspectors |
Trial Begins Of Lesbian Discharged From Air Force
EU tips faster euro economy growth of 1.7% for 2010
Iran frees rights activist on bail
Man Goes To Grab Wallet, Instead Grabs Pistol And Shoots Himself
Cyanide Suspected In Lab Technician's Death
Plane crashes in Venezuela with 47 on board |
Bank shares rally despite new tough rules on capital
Polo Ralph Lauren Holds Successful Fashion's Night Out Events
Philippines searches for mother of newborn left in plane |
BAE Systems eyes sale of US unit Platform Solutions
Grey's Anatomy Season Six Available September 14 On DVD
NATO: Airstrikes kill 14 insurgents in Afghanistan
Turkish referendum win boosts Erdogan and markets |
Scientists warn research slowdown poses global threat
Special Representative To Muslim Communities Cites U.S. Goodwill With Islam
Venezuela to compensate Holcim cement
Study: Number Of Childhood Basketball-Related Brain Injuries Spike
Afghans say ready to secure parliamentary poll |
Greece fears renewed fuel shortage
Saudis hope palm date trade will enliven remote town |
Lady Gaga Dominates MTV VMAs With 8 Wins
Enbridge Targets September 27 Deadline On Oil Spill Cleanup
Two UK men ran illegal sperm donor agency |
"Resident Evil: Afterlife" Finishes First At Weekend Box Office
Russia says EU stalling on visa-free travel |
Iraq, US dispute Amnesty prison abuse claims
Clinton heads to Mideast to boost peace talks
U.S. says Russia "closer than ever" to WTO
Artificial skin materials can sense pressure |
Govt says 42% of Israeli Jews are secular
HP to pay $1.5 billion for security firm ArcSight |
Lady Gaga stylist to design for Thierry Mugler
Google to launch e-book service in Japan in 2011
Google to buy Israel's Quicksee: report |
China an 'important engine' for world economy: PM
U.S. actor McCarthy of "Body Snatchers" fame dies
EU struggles to persuade Italy over Korea trade deal
MTV awards agog for Lady Gaga
Strong China data lifts Asian markets
Embattled Weinsteins aim for royal rebound
Bollywood star apologises over Mumbai attacks remark
China central bank welcomes new bank regulations
PREVIEW-New Zealand quake to stall rates until 2011
Moody's: Shinhan Financial reputation damaged
Asia shrugs off global banking shake-up
Cambodia garment workers begin big strike over pay
Schwarzenegger keen on China high-speed rail
Embattled Weinsteins aim for royal rebound |
U.S. actor McCarthy of Body Snatchers fame dies |
Favoritism charges follow Tarantino Venice awards |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01