Turkish President Recep Tayyip Erdogan has been sworn in as head of state after successful an historic run-off election to increase his two-decade rule for an additional 5 years.
The 69-year-old chief, who introduced his new cupboard afterward Saturday, might be tasked with dealing with an financial disaster that has witnessed runaway inflation and the collapse of the lira. He named former economic system chief and internationally revered ex-banker Mehmet Simsek as treasury and finance minister.
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