but with democracy, there will be questions for erdogan, because erdogan's electoral success the last 15 years has been built on actual success at the bollenbach. he says, "whatever you say about me, i went elections." now he has been defeated and this will raise questions over erdogan's legitimacy. brent: it is very troubling if this vote were to be challenged yet again, especially considering that the country had two or three years of this crackdown under erdogan. looking outside, you would think the country would be in the grip of the ak party, and that vote rigging or any type of miss calculations would be practically impossible. dorian: well, indeed, and in fact, speaking to analysts, i think there is almost disbelilif from the opposition party that they could even win istanbul, given the iron grip thatt erdogn has over the media and varioious structures. the fact that the opposition has won has given major hope to the opposition going for that they can ultimately challenge erdogan's power in almost that is why the ruling ak party and erdogan are so concerned. brent: as always, d

what did erdogan do? he said, look, people are trying to play with our economy and this is terrorism, related to the united states of america and other foreign forces -- it is always the foreign forces. egghe put the blame on the sim which made it kind of difficult for the general people. and he said people who criticize me are terrorist -- nermeen: what does that mean come eggplant terrorism? >> it is so expensive, they are trying to correlate terrorism with the price of eggplants. amy: explained, though, he recently extended his term, so whatat does it mean of these regional elections to have him lose in his kind of hometown of his symbol and ankara, the significance of this, and will this mean his term could decrease? >> it may happen and it may not happen. he still won more people's votes. but in this election, the grassroots activity made it possible for people to look at ballot boxes. elections are determined not by voters, but vote counters. you don't have a problem during vote count, you may belie

for years, mr erdogan appeared unbeatable, with a moribund opposition.at image is beginning to change. a new government has been formed in algeria after six weeks of mass protests, but the head of the military and the prime minister remain in office. demonstrators have been demanding that president abdelaziz bouteflika and his inner circle be removed. we can speak now to azzedine layachi, an algerian analyst at the department of government and politics, stjohn‘s university in new york. thank you so much for your time. first of all, how significant is this reshuffle? this reshuffle is not significant for the crowds that are outside as we speak now, because the key elements are still in place, i.e. the system itself. president bouteflika is still in place, and the prime minister, thatjust replaced another one, still part of the system, and of course the military leadership. so for the demonstrators, nothing has changed, and they don't want to fall in the trap of small changes with a promise of bigger changes later on. it has happened before, and no real ch

deutsche bank one of the stocks dax.ing on the down after lira president erdogan questioned some local elections. there may be some recounts, so some trouble for democracy in turkey. in greece, the 10 year yield below where it was during the heart of the financial crisis. sois trading again at 3.84%, it looks like the euro project is intact, at least for the moment. let's get some details now on the markets. let's bring in jim polson. he joins me from minneapolis, where they are already beginning to gather at the convention center for the championship game tonight. you are already out, you say. guest: i am. i unfortunately picked michigan state. it will be a good game tonight anyway, i'm sure. vonnie: there will be choices to be made this week as earnings season kicks off. i know you feel like stocks are potential he overvalued on some enthusiasm that may be misplaced. what may we start to learn this week? guest: i think it will be all about earnings money this week. the first sort of fundamental report since we went down and came back up. we will see if there's enough support for earn

for years, mr erdogan appeared unbeatable, with a moribund opposition., that image is beginning to change. with me is emre temel of the bbc‘s turkish service. lets get a little bit more on what has been happening stop this is quite surprising, can you just very briefly tell us what has been happening with those results, especially in istanbul? istanbul is disputed at the moment, to be honest with you, because the ruling party's ruling alliance candidates, the ex— prime minister and speaker of the parliament, declared victory in the early hours of the night. however, this result was disputed immediately by the opposition candidate, and the opposition candidate later claimed victory. and to be honest with you, it is still neck and back, and tu rkey‘s it is still neck and back, and turkey's official news agency has been criticised by the opposition, because their candidate was leading by 14000 because their candidate was leading by 4000 votes while the newsagency stopped announcing the results for so stopped announcing the results for so many hours —— y ld

>> that erdogan is still popular at a national level.ts were far more optimistic for erdogan than was originally expect it. it was broadly anticipated that he would lose ankara. istanbul was more eva surprise in terms of how close the election was. mixed results but the surprises were there nonetheless. it was seen as an indictment about his handling of economic issues. what are the market implications of even this level of challenge to his popularity? >> the most important thing the market will be watching over the coming weeks is the economic policy that follows after. expect somees we policy slippage before elections. turkey did not have the luxury to do that. they have lost some credibility as a result of that. what we will want to see from the government -- and they said that they would be announcing a new economic program april 8 -- is a credible economic program that looks at policies, recapitalization of banks, all the things they should be doing on a consistent basis over the coming months. the ideal solution would be to go to t

these elections have been a huge step back for erdogan. his party is poised to lose control of istanbul to the main opposition party. the chp. many voters say they are unhappy with the way the president h has been handling the e countries of -- country's economic downturn. >> this city is celebrating the end of an era. the republican people's party candidate puts an end to 25 years of islam party dominance over the turkish capital. >> today, the loser here is erdogan. his dirty politics have lost. the winner is democracy and all other parties. >> the loser is erdogan. this election was seen as a test of the president's support during a major economic downturn. he faces a daunting recession with double-digit rececession - >> turkey has shown its choice, it wanted the old to go and the news to come in and for the seven. it became clear in the boats in the election. >> clear in the capital, not so much in other cities. the ruling party held 51.6% of the overall vote while the opposition alliance took 37.6%. istanbul, turkey's biggest city is

erdogan. it would be interesting to sith and talk with him about it. >> very much so this is an old article that's been rebrought to the fore by the french magazine. this is the grandson of one you of those who orchestrated this genocide and he said denying it is to be an accomplice againstt a crime againstst humanity. >> and his grandfather was one of t the orchestrators. a chilling thought. sexual harassment on france's public transport system. people using this hashtag. >> yes, france's version was squeal on your pig. this isn't actually telling people to squeal on their metro station but to get people to expose how widespread sexual harassment is on the metro stations. one of this group was harassed atat t w weeskeds. shshe laiaid bare h her account twitter and one of the most shocking t things abouout it is respsponse of f somebody worork ththe stion who s she spokeke t temperatature. she spokeke to thisis g gentlem make an official l report.. he s said i'm'm sorry, i i have reports like

for 16 years, president erdogan has dominated turkey.urks has transferred the country's infrastructure, but he has clamped down on opponents and burned bridges with the west and is now being punished for an economic crisis. for long, president erdogan has seemed unbeatable here with a fractured, moribund opposition. that has now changed and it will breathe life into his opponents and could even prompt talk of his party splitting. this feels like a watershed moment for turkey and its leader as he finally begins to lose his grip on this polarised country. mark lowen, bbc news, istanbul. a comedian with no political experience is on course to win the most votes in the opening round of the presidential election in ukraine. volodymyr zelenskiy plays the ukranian president in a tv show, and now exit polls suggest he has a clear lead over the incumbent, president poroshenko. the two men are likely to face each other in a run—off in three weeks' time. a vietnamese woman accused of murdering the half—brother of the north korean leader in malaysia

president erdogan has lost control of ankara for the first time in a quarter of a century.race. fewer than 3,000 votes stand between the two sides, the governing ak party and the opposition. and what has happened here in istanbul is that the official count, or the official figures released by the state news agency, has stopped at 99.9 — 99.89% of the votes counted, so about one and a bit per cent left of votes left to count, and just over 3,000 votes between them. so the opposition is saying that is an attempt by the government and the levers of power that it controls to snatch victory from the opposition and to deny the opposition a victory. in ankara, losing that city is a major blow. they have also lost several other cities as well as president erdogan‘s usually loyal conservative voter base has deserted him in large areas of the country because of a major economic crisis here now, with turkey and recession and inflation at 20%. so all eyes now on what happens over the next few hours in istanbul, both sides claiming victory here. mark, of course, you will keep us posted.

for 16 years, president erdogan has dominated turkey.ks has transferred the country's infrastructure, but he has clamped down on opponents and burned bridges with the west and is now being punished for an economic crisis. for long, president erdogan has seemed unbeatable here with a fractured, moribund opposition. that has now changed and it will breathe life into his opponents and could even prompt talk of his party splitting. this feels like a watershed moment for turkey and its leader as he finally begins to lose his grip on this polarised country. mark lowen, bbc news, istanbul. it isa it is a beautiful evening at westminster. let's get a look at the latest weather forecast. a different feel, bringing about this changes this area, heavy showers. some showers this evening and the odd heavier one. and they are the move overnight. never quite reaching the south—east but one or two isolated showers coming up from france. the chance... lots of cloud through north—east england. outbreaks of rain for the morning rush—hour. that'll spread to

in economic terms, i expect erdogan to do that. he knows the secret of this has long been his economic record. he blew it sunday because the country is in recession, inflation is 20%. i am surure he will wanant to rn the country y to economic healt. in political terms, i do not think he will change. resented that is most is he sees his opponents as terrorisists or terrorist collaborators. there is no legitimate opponent. they arare resented. i've talked to voters sunday. one said to me, we all pay our taxes, we all serve in the army. he shohould consider us s equal. i wasas speaking to a dipiplomat a rerecession lastst week who sd if erdogan loses, he e will bece more suspicious of his enemy. the diplomat was right. when his back is to the wall, he is not more bighearted and generous. it has been six months since jamal khashoggi walked into the saudi consulate and never left. mohammad binin salman has been accused of ordering a hit on him. the kingdom says it was rogue agents and not the prince. the washington post has reported sau

erdogan's car doesn't really have breaks, only an accelerator.ple expect him to slow down, he will hit the gas. the problem he will immediately have to confront is the electoral process at the local level. double-digit inflation, very high unemployment. almost 40% inra, the past year. -- takenken almost measures in the election campaign to overcome those. ist he will do afterwards unclear. what he will do is send all of branches to those who say populism will not work in turkey and try to make up with external investors who may be concerned about these moves. or he could double down. very unpredictable leader and obviously wants to do only what he wants to do. it is striking how much the setback was in the cities, the major cities, where he -- where his party lost power. talk about the rural versus urban priorities and what that means for his administration going forward? bulent: net position used to be much more important in the old days. because of migration from rural areas to the cities. migrants from other parts of turkey who come looking fo

what does this mean for president erdogan's standings going forward? >> absolutely. i think what's going to be really interesting over the next 24 hours or so as we watch and these moves in the lira as people come to grips with what this actually could mean in terms of whether or not the president is going to have the political capital necessary in the coming months and years to really move forward with this massive economic reform agenda he's said again and again he wants to implement let's listen in to what he had to say overnight >> we have a very important reform program ahead as turkey, we will thoroughly carrying out the economic program we have designed according to our goals without compromising from the rules of the free market economy. we have a long period ahead to carry out economic reforms and focus on our goals without any compromis compromises. >> reporter: it looks more and more likely the president will have lost out in istanbul to the main opposition party. he's also lost out in ankara, the country's capital city it's interesting that this isn't jus

erdogan is already celebrating. >> translator: this, they need to know, i will remain for four to five years further as the president of turkey, right? and the akp will be ruling, right? so we'll be in the parliament as the public's alliance, right? we will continue the same way, just as we came here. >> well, turkey's main opposition party leader says his party won the local elections in istanbul and ankara. cnn's jomana karadsheh joins me now with more on this. so, jomana, what's the latest information you're getting on this election? >> reporter: well, rosemary, as you mentioned there, while president erdogan, his party and his political alliance may have won at this point more than half the vote across the country, this is also seen as a possible significant blow for his ruling akp party. major losses for the first time in years. if you look at the capital city, ankara, the main opposition, secular party, the chp's candidate there won the mayorship. this is the if first time in 25 years that the akp has lost that position. we're talking about istanbul's -- turkey's second largest c

francine: president erdogan's party has lost control in some parties.of ankara. our bloomberg is reporter. how will this change president at a one's -- president erdogan's policies? -- the president was not on the ballot box the what is significant is the fact that it is the first election since turkey changed from a parliamentary system to a presidential one. it was a test of erdogan's popularity. what we need now is some editorial, economic reform. that is what investors are looking for. some economists fear he will go towards populist policies instead in order to get short-term economic gains. when we look ahead -- we are still waking for the final count in istanbul -- we are still waiting for the final count in istanbul. it is a very important city. like they looks president's party has already lost ankara. this would be a huge loss. what a means for the time ahead will be seen. the next elections are scheduled in four years time, so president erdogan will have time to get things back on track. nom: thank you, simin demoka with us from istanbul on t

it is a brutal blow to president erdogan's party. that he is the winner. >> there is only one thing the ruling party expects, to annul the selection and have a rerun. this election has been won. there are zero doubts over the results. >> losing istanbul to the opposition would be a blow for president erdogan. he launched his career as the city's mayor in the 1990's. people's concerns about the handling of the economy appeared to have been reflected in the results. the national currency has plunged 30% in recent months. inflation has risen and turkey is now in recession. the ruling party was so confident it would win in istanbul him of that the morning after the election, these posters spring up across the city, thinking people for their support. but those thanks may have been premature. we go now to venezuela, where a u.s. military official says armed forces are ready to move in on the country. he told the magazine that intervention might be needed if sanctions failed to force president maduro from power. analysts say similar sanctio

president erdogan weighed in yesterday.et's listen in. >> every victory and every loss is the will of our nation, and we have to accept this fact as a necessity of democracy we will admit that we won people's hearts in cities. we were not successful enough in cities we lost and we will act acco accordingly. we will be focusing on the economy, politics, and investment in turkey and take our steps accordingly. >> reporter: and just to break it down for you, what this actually means for presidentered wa -- erdogan, these major metropolitan areas make up 40 to 45% of the electorate ask he's lost out majorly, not just this ankara but also here in istanbul as well. we're four years away from another election here, but at the same time this is all about economic reforms it's something that he's continued to promise again and again. you have to remember that he's put his son-in-law in charge of both the finance and the economy portfolios there are so many questions about what's going to happen next here. we've had major pressure on

in turkey, president erdogan suffered a rare setback at the ballot box. the country's biggest city turned against erdogan for the first time since 1994 in the municipal election. the election board says the opposition candidate has taken the lead in turkey's biggest city, istanbul. in the ukraine, a tv comedian with no political experience took a big step towards defeating the country's incumbent leader in a runoff later this month. he won 30% of the vote in the and is tapped into movement years a ago. global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i'm courtney donohoe. this is bloomberg. vonnie: thank you. major indices are green today. the s&p 500 up 8/10 of 1%. off their highs now, but each of the indices up close to 1%. this is one of the poorer performers today, down below its ipo -- lyft is one of the poorer performers today, down below its ipo price now. this is bloomberg. ♪ ♪ from westminster in london, i'm guy johnson. vonnie: in new york, i'm vonnie quin

president erdogan sd they will lay out new economic reforms.er, some economists say they will choose to introduce populist policies in order for short-term political gain. nejra: good morning. talk us through the market reaction. we are seeing a little bit of stabilization in the lira. earlier in the session, it was the worst performing against the dollar. simin: the lira is stabilizing against the dollar somewhat. it seems investors are in wait and see mode. a lot of uncertainty over istanbul. last week, we had absolute market mayhem in turkey. it prevented foreign investors from shortselling the lira, which helped the lira stabilize. foreign investors were something other turkish assets. istanbul fell last week. erased most of its gains. a few months ago, it was a bomb the best performers -- among the best performers. saw thathis year, we it has fallen below 14%. over the next few weeks, investors will be watching turkey's domestic politics. economic challenges and also geopolitical tensions. thank you so much. great to have you with us. join

the party of erdogan has suffered a blow by losing control of ankara for the first time.he opposition is just ahead in the race, with less than 30,000 votes in. counting is still underway inn istanbul. here is the president speaking as results were coming in. >> every victory and every loss is the will of our nation. .e have to accept this fact people's admit we won werts in cities we won, but were not successful in cities we lost and we will act accordingly. >> let's get the latest and bring in jasper mortimer. what is the latesest on the accocount in hihis temple? is not all ballots cocounted. 99.8%% of about boxes havee been open. the electoral council has said hasopposition candidate the percent of the vote and ruling party has 48.5%. it translates to nearly 29,000 votes. for the 84 4 ballot boxeses unopened, that is an unassailable lead, particularlry when one beaears in mind m mostf from ununcountedd ballotsts are .ro opposition districts it is safe to say the opposition has won the biggest city in the land. there will be challenges, bubut the oppotionon has won the

for years, mr erdogan appeared unbeatable, with a moribund opposition.that image is beginning to change. the trial of the vietnamese defendant doan thi huong, one of two women charged with murdering the estranged half—brother of north korea's leader, has now resumed. this is her arriving in court a short time ago. malaysia's attorney—general rejected vietnam's request to free her after her indonesian co—defendent was unexpectedly released. hyoong is charged with killing kim jong nam by smearing his face with a nerve agent at kuala lumpur airport in february 2017. what has been happening in court?m is quite dramatic. they asked if they could letter —— lesson the charge. doan thi huong said she didn't know what she was doing. she has now pleaded guilty to the lesser charge. you can get at sentence for up charge. you can get at sentence for up to ten years in prison for that charge, less serious than the deaf penalty she had faced for the murder charge at her own lawyers believe that having now taking responsibility and admitting to her role in the killing

it was a test of president erdogan's popularity.e reforms. -- economic there are some economist who fear he will go towards populist policies instead in order to get short-term economic gains. ♪ chinese financial markets are taking a big move towards internationalization today with the inclusion of onshore bonds in the bloomberg auglaize index -- barclays index. the parent company of bloomberg news owns the index. you hear all these analyst notes about this is the game changer. how much money are we talking about? most important implication of this bond inclusion is that we will see a lot of passive inflows to china for all those following this index, and that will trigger active inflows. a lot of foreign investors in the market are not asset fund managers. they are mostly sovereign wealth funds and banks. this is part of efforts to open up onshore bond markets. we will see more institutional investors in this market, which means china's credit rating and liquidity proms will be solved as more investors come in. ♪ wto aremf and incr

how would this change president erdogan's policies?opulist or do more for the economy? >> this vote, president erdogan was not on the ballot box, but what was significant is the fact it is the first election where turkey changed from a parliamentary system to a presidential one. it was a test of president erdogan's popularity. what we need now are economic reforms. that is what investors are looking for. there are some economist who say he will go towards populist policies instead in order to get short-term economic gains. ♪ >> the chinese financial markets are taking a big move towards internationalization today with the inclusion of onshore bonds in the bloomberg barclays index. a disclaimer, bloomberg is the parent company of bloomberg news and owns the index. you hear all these analyst notes about this is the game changer. how much money are we talking about when it comes to flows coming into china? >> the most important implication of this bond inclusion is that we will see a lot of passive inflows to china for all those following

mr erdogan has finished his 17th year in power.e there will be an end to it one day. will you be the next president of turkey? god knows. and so, turkey's biggest city and the election‘s biggest prize isn't yet sure who will be steering it. there's no clearer sign ofjust how polarised this country is. mark lowen, bbc news, istanbul. we will have all the business news injusta we will have all the business news injust a moment but we will have all the business news in just a moment but first... we arejust going in just a moment but first... we are just going to talk about algeria. the outgoing president of algeria, abdelaziz bouteflika, has asked for "forgiveness" in an open letter to the country's citizens. the president, who has been in powerfor 20 years, has stepped down following weeks of anti—government protests. our correspondent, sally nabil, in the capital, algiers, told us what the mood is like there at the moment it's a very cheerful mood. the people here are very happy that president bouteflika has finally left, but still

. >>> a major political set back for turkey's president, erdogan.arly election. the opposition narrowly ahead of erdogan's party. and a defeat there, particularly stinging. that's where erdogan launched his political career as mayor in the 1990s. erdogan has dominated turkish politics since becoming prime minister in 2003. the president says there are lessons to be learned from mistakes in this election. >>> more gridlock on brexit with ten days to go from what could be a no deal departure from the eu. members of parliament voting on a number of alternatives, british prime minister's theresa may's deal. once again, none got a majority. nic robertson with the latest. where are we headed today? >> reporter: very unclear, but right now, the prime minister trying to get her party on track. she's having a political meeting this morning with her cabinet marathon session today, five hours total. she'll meet with them again in the afternoon. right now she needs to sort of hammer out those divisions over what options she has in front of her. does she go for

loses president erdogan both istanbul and ankara, this will be a huge blow to him.'t running in these elections, however this was a test of his popularity. ever since turkey switched from a parliamentary system to a presidential system, giving sweeping executive powers. however, it seems voters are showing discontent with the economy. turkey is in its first recession in a decade. inflation is at 20%, with food prices up 30% on an annual basis, and unemployment is at a nine-year high. economically, there's a lot of challenges for the government. president erdogan has said after the elections, they'll introduce economic reform, which should help. at a simin, we're looking bug of the u.s. dollar, turkish lira on the screen under you, so we see the big move in the currency. what has the other market reactions been so far? simin: the lira is the worst performer in currencies today, and we saw overnight rate swaps rising by 200% earlier. last week, it climbed by more than 1000%, this after turkey prevented foreign investors from shortselling the lira. of course, this help

point defined by everything being stacked against them because of what mr erdogan did in the aftermath of the failed military coup you know voices of dissent have disappeared journalism is operating in a difficult environment in turkey still so they're starting point was not as easy as perhaps you would like to say it is. peter than let me let me say it in this way our president added on has been using polarization for a very long time to galvanize his own water base but he didn't realize that in doing so you was also are galvanizing oncor sort of dating opposition in a way that they themselves would not be able to do if it wasn't for president and ours have. in istanbul what does this tell us about how politically savvy mr erdogan is now or not i mean putting a government sponsored vegetable stalls obviously didn't get traction with any one people were it would appear able to see right through that. i mean i mean if we're talking about president are there once leadership i think there is no questions their president or the on has been the leader of our party since it was founded but h

what do we expect policy-wise from erdogan in the next few months?ecause we are in the midst of a deep recession. dan: that is the question. the currency took another hit. he has really been going after people who want to shorten the currency ahead of the vote. people are looking for real reforms now. i think he has for years now coming up where there is no election. where hea real period can engage in structural reforms. the question is will he turn to populism again. is he going to pressure state run banks to issue more credit? is he going to do a lot of extension everything's on the fiscal side that will work against with the central bank is trying to do? that is the ongoing issue with turkey. these toughot take steps when the economy is going well, will you do that now while things are in trouble? so that is the big unknown. but certainly investors will be expecting some tough measures and erdogan said himself he will do these things. but will that actually happen is the question. rishaad: thank you so much, dan. let's get back to richard harris.

we heard from president erdogan, saying there were irregularities in local elections in istanbul.ling there could be more turmoil. amanda: we will be talking more about that in the days ahead. also kicking off a new earnings season. all eyes on where the expectations for growth are. i want to show you what happens when activism plays a role in the market. sony today moving on reports that third point is gathering a stake in the company. when it last reported in january, sony delivered, beat expectations. knocking it out of the park on revenue. interestingly, it is also doing well in his movie division. that is what third point says they may want to sell about -- think about selling. shery: also keeping an eye on that new nafta agreement. what president trump's replacement would be. two top senate democrats, noted free trade skeptic are greasing the legislative wheels for the president's trade deal to gain the support needed for ratification. josh wingrove joins us from ottawa. we are talking about sherrod brown and ron wyden. they are floating new ideas, what is their proposal? to

when erdogan was buying the as/400 missile defenses, that was the best missile defense system in the if we have a confrontation with russia russia will shut off the supply chain for that system and won't be able to sustain it so i don't know what he is thinking. secondly cutting off the jayme closs 5, the most advanced still fighter in the world, put those together and erdogan would be able to figure out what needs to be done with the as/400 to help defeat the jayme closs 5 which russia would benefit from which is why they are slamming the door on the of 35 sale just to be able to protect the technology and not wind up in moscow. >> it is one of the things with bipartisan support, good to see the parties agree on something that should be apolitical but what do you make of this trouble because they are a nato ally and yet they are taking a lot of steps that are not in us national interests. >> absolutely. erdogan turned his country more islamic and more authoritarian and has pressed people in his jail houses more than most authoritarian regimes have, and clearly he also has been close

in assemble what does this tell us about how politically savvy mr erdogan is now or not i mean putting a government sponsored vegetable stalls obviously didn't get traction with any one people were it would appear able to see right through that. i mean i mean if we're talking about president are the ones leadership i think there is no questions their president on has been the leader of our party since it was founded but he has also been the leader also very traditional voter base in turkey and that is the center right vote in turkey and the fact that he has been able to consolidate the center right voters be it under national tendencies or be it under more conservative tendencies or be it as through his tangible projects that he has brought into turkey be through consolidating even the kurdish wards in the southeast provinces i think his leadership is not is undamaged at the moment however there is something that are going to solve is also same day and he has said it he has said the same thing when the party received about forty some percent during the parliamentary elections that defe

mr erdogan has finished his 17th yearin mr erdogan has finished his 17th year in power.nt of turkey? god knows. and so, turkey's biggest city and the election's biggest prize is not yet sure who will be steering it. there is no clearer sign ofjust steering it. there is no clearer sign of just how steering it. there is no clearer sign ofjust how polarised this country is. now let's take a look at the weather with simon king. it's hard to believe it spring when you are standing in front of a photo of quite heavy snowfall that has been falling this morning across parts of mid and south wales and we have had snow as well in parts of the midlands and it's all courtesy of the area of low pressure which through the night moved further south and west and you can see the weather fronts are spiralling around and we have some of that cloud spiralling around that as well. you can see from the satellite image where the area of low pressure is, just to the south—west of wales and into the south—west of england and thatis into the south—west of england and that is what is bringing us t

everyone --resident president erdogan has suffered a setback at the ballot box.he cities turned against the president for the first time since 1994. ankara and cities along the mediterranean back to the opposition party. global news 24 hours a day, on air and @tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i am mark crumpton. this is bloomberg. david? david: there off and running for the presidency in 2020. with the democratic field getting full and president trump setting the agenda for his reelection drive with things like closing the border and shutting down obamacare. for a verily -- for a very early read, we welcome jim kearns, former spokesperson for the republican -- for the california republican party. i will turn to you first. we put up a poll where things are. a quinnipiac poll. we have joe biden, who was not declared in front with bernie sanders and benno o'rourke closing. the what i'm interested in is pete buttigieg who is put up remarkable fundraising numbers. he is down in polls, but will that last? >> i

in istanbul what does this tell us about how politically savvy mr erdogan is now or not i mean putting a government sponsored vegetable stalls obviously didn't get traction with any one people were it would appear able to see right through that. i mean i mean if we're talking about president are there once leadership i think there is no questions their president or the honor has been the leader of our party since it was founded but he has also been the leader also very traditional voter base in turkey and that is the center right vote in turkey and the fact that he has been able to consolidate the center right voters be it under national tendencies or be it under more conservative tendencies or be it as through his tangible projects that he has brought into turkey be through consolidating even the kurdish wards in the southeast provinces i think his leadership is not is undamaged at the moment however there is something that are going himself is also same day and he has said it he has said the same thing when the party received about forty some percent during the parliamentary election

charges against the accomplice were dropped. >>> turkish president erdogan's ruling party is leadingn most municipal elections according to turkey state media. voting ended sunday across the country and ballots are still being counted. turkey's main opposition party leader says his party won in the key cities of istanbul and ankara. >>> on monday the british parliament is set to vote on alternative options for how to leave the eu. it comes after prime minister theresa may's withdrawal bill was defeated for a third time. one of the options is for a so-called soft brexit which would leave britain in a customs union with the eu. >>> well, former u.s. vice president and prospective presidential candidate joe biden says not once, ever in all his years on the campaign trail did he ever believe he acted inappropriately. biden was responding to allegations from a former nevada state lawmaker named lucy flores. she says he made her feel, "uneasy, gross and confused" before a campaign event in 2014. here is her description to cnn of what happened. >> very unexpectedly and out of nowhere, i fee

for years, mr erdogan appeared unbeatable, with a moribund opposition.ginning to change. let's brief you on some of the other stories making the news. several thousand protesters chanting, "dictatorship never again" took to the streets of brazil's biggest cities on sunday, on the 55th anniversary of the coup that established more than two decades of military rule. 2,000 people rallied in rio de janeiro, while in sao paulo a few hundred converged to demonstrate against the 19611—1985 dictatorship. japan has declared the name of a new era to symbolise the reign of the country's next emperor. it will be called reiwa and will begin when crown prince naruhito succeeds his father, emperor akihito, when he abdicates this month. a new era is a matter of huge public interest in japan, as the name is widely used in official documents. a 44—year—old man will appear in court later following an incident near st pancras station on friday. terry maher is accused of obstructing the railway and causing a public nuisance. eurostar services were disrupted for several hours

turkey's president, recep tayyip erdogan, will meet his russian counterpart, vladimir putin, in moscowemocracy in the former french colony of madagascar has been fatally compromised. madagascar, among the poorest countries in africa, recently stage one of the most closely contested elections. this wealthy businessman emerged as the winner, but clear signs of russian meddling in the polls threaten to undermine democracy here. we have been investigating claims of russian interference in the elections in madagascar, at least six presidential candidates we re least six presidential candidates were offered money by russian teams in what was a systematic and co—ordinated operation by dozens of russians who have been based here over nearly a year. among those the tea m over nearly a year. among those the team targeted, this man, the influential presidential hopeful. and away from the campaign trail, a clear view of who the russian visitors were. this man, who has strong political connections, a businessman, and vladimir, who has history the diamond trade. —— a history the diamond trade. —— a

. >> to turkey where president erdogan's party has suffered major losses. erdogan's party lost the mayoral race in the capital of ankara and alost in istanbul also. the party is alleging party fraud marred the ankara election. it comes a year after erdogan who has weakened democratic institutions and altered the constitution to give himself more power was elected to a new five year term. last month turkey's economy entered a recession. and unemployment and inflation both remain very high while the value of the turkish lira tumbles. it comes as the state department yesterday announced it is suspending delivery of f-35 related materials to turkey in response to ankara's planned purchase of a russia defense system. >> president trump wades into the ongoing fight into his administration for a citizen ship question census. >> lawmakers shoot down a massive bill providing relief to victims of natural disaster. details on why the measure passed. and bill karins will have more on a potential storm along the east coast. you might take something for your heart... or

but, kins trump told preside erdogan that the u.s.withdrawing from syria, we actually started working together, coordinating the things together. >> woodruff: just a few otinher i want to ask you about quickly. number one is the cornellist jamelle bouie -- journalt jamal khashoggi murdered at the saudi conl in istanbul. do you plan to release the audio recording you have of the murder and any other information you have about that? >> well, any information is no longer a secret, and we have shared all this infmations with everybody, including thea. c. it is up to, of course, the chief prosecor to make it public or not. >> woodruff: in saudi arabia. no, in turkey, it's up to our prosecutor in istanbul to give such decisions and there are still unanswered questions, ndcluding the whereabouts o of khashoggi's body the local collaborators and masterminds. we share all the findings on our side with thesaudi chef prosecutor, but, in turn, we couldn't get anything from them >> woodruff:u are saying the saudis are holding this up? >> right. >>

joe: coming up, president erdogan pushing for a repeat vote in istanbul after last month's elections.ove has em investors on edge. this is bloomberg. ♪ joe: the turkish lira under pressure. president erdogan intensifying his push for a vote in istanbul where his party lost last month selection. it is showing a possible push toward authoritarianism and a loss for investors. so, in these regional elections, biggan's party lost the cities and he's pushing for a do over. >> there are three things we are looking at. when you wake up this morning, s-400 basically the missile defense system they have agreed to purchase from russia, a pretty big deal because they are nato member. then it cuts moving to the one-week week repo window. combining all those things, pretty negative for turkey and for creditors in all of turkey. romaine: when i look at this challenge is making to the istanbul vote, at some point do we have to start asking what type of democracy is turkey? >> i look back a year ago and one of the themes emerging markets investors were looking at, maybe you want to invest in russia, t

in assemble what does this tell us about how politically savvy mr erdogan is now or not i mean putting a government sponsored vegetable stalls obviously didn't get traction with any one people were it would appear able to see right through that. i mean i mean if we're talking about president are there once leadership i think there is no questions their president or the on has been the leader of our party since it was founded but he has also been the leader also zero traditional voter base in turkey and that is the center right vote in turkey and the fact that he has been able to consolidate the center right voters be it under national tendencies or be it under more conservative tendencies or be it as through his tangible projects that he has brought into turkey be through consolidating even the kurdish wards in the southeast provinces i think his leadership is not is undamaged at the moment however there is something that are going himself is also same day and he has said it he has said the same thing when the party received about forty some percent during the parliamentary elections t

is now fully operational it's one of several mega projects championed by turkish president tayyip erdogan and is expected to handle up to two hundred million passengers a year the new poets reflects the demands ambitions to turn turkey into a global power and istanbul into a key hope connecting europe with asia and the arab world despite economic downturn it aims to be one of the world's biggest ports with kate staff at the old airports were looking forward to a new era. when it isn't their sadness about leaving but we're also excited and happy to be moving to the new airport. we hope it will bring good fortune god willing it will be great. but the project has seen turbulence it's been criticized by environmentalists economists and urban planners activists were arrested after protests over wages and working conditions under rights groups have leveled accusations there's a rush to finish the job ended in accidents that cost dozens of workers their lives . berlin is often touted as a paradise for students and creative types any one on a small budget but that's fast becoming a myth because l

it's an unfamiliar position for red chip tayyip erdogan in local elections seen as a test if you support voters delivered the turkish president his worst night ever at the ballot box during his ruling laid across the country over a role in economic downturn and high inflation and unemployment left vulnerable but said sim cards it there is. i believe the only reason we couldn't get the results we wanted in some cities. is that we couldn't express ourselves enough to our nation. and we failed to win their hearts you know everything all moments all that are. k.p. is sit to lose the capital ankara to the main opposition c.h.p. and possibly even east done bull too with the result to close to coal both groups have claimed victory in turkey's largest city. according to the results we won the elections in istanbul. i say it loud and clear i know we want all of it done. after voting in dozens of men is municipal councils and other local officials turks of different political leanings are processing the election results. we're happy at last let's put it this way we haven't been happy for so long t

mike: it really started in 2016 when there was an attempted coup in turkey and president erdogan feltted, did not feel like anyone was calling in the support he needed. he got a call from the maduro regime in venezuela, basically saying they were siding with him, they were behind turkey, and would stand behind them no matter what. this really struck a chord with president erdogan in turkey and president maduro who also fought off a coup by the u.s. that is really how it all started. since then, it has really grown to be a critical part of the maduro government's existence. carol: critical, but is it a good one? mike: i think it is good for the maduro government. it goes against what the trump administration is trying to make happen in venezuela which is a regime change. it's basically a way for venezuela to get a round sanctions that are basically choking them off from the international finance system, the dollar-based system. they are using quite a clever mix of trading gold for food and cash in a place that will let them do business. carol: it has also copy attention of a lot of law