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Erdogan faces challenge as former ally launches rival party

Turkey’s former deputy prime minister Ali Babacan has hit out at the country’s “misguided and populist” economic management as he launched a new political party aimed at challenging President Recep Tayyip Erdogan’s grip on power. Mr Babacan was a founding member of Mr Erdogan’s ruling Justice and Development party  and…

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Click here to read the full story: Financial Times

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