麻豆社

Turkey's ruling party has lost control of Istanbul after a rerun of the city's mayoral election, latest results show. The candidate for the main opposition party, Ekrem Imamoglu, won 54% of the vote with nearly all ballots counted. He won a surprise victory in March which was annulled after the ruling AK party complained of irregularities. The 麻豆社's Cagil Kasapoglu reports on the mood in Istanbul. Then, Jason Tuvey of Capital Economics appraises what the election means for Turkey's economy overall, and Olivier Ponti of travel industry consultancy ForwardKeys explains why, despite a few years of economic and political turmoil, Turkey remains a major growing tourist destination.

Also in the show, the independent economist Michael Hughes questions central banks' rate-setting policies in the next few years. US Secretary of State Mike Pompeo will visit India to smooth out relations between the two countries over trade and immigration, the 麻豆社's Joe Miller has the story from New Delhi. And with Facebook's plans for a new, asset-backed cryptocurrency, the 麻豆社's Rob Young looks into so-called Stablecoins.

(Photo: Ekrem Imamoglu of the Republican People鈥檚 Party (CHP) gives a victory speech after winning the Istanbul Mayoral rerun election, 23 June 2019. Credit: Chris McGrath/Getty Images)