Turmoil in Turkey: Protests Erupt Over Mayor's Detention

Protests in Turkey intensified after the jailing of Istanbul's Mayor Ekrem Imamoglu, a key political rival to President Erdogan. The opposition claims the charges are political, sparking the nation’s largest protests in a decade. The unrest poses economic challenges, affecting market stability and investor confidence.

The political landscape in Turkey is heating up following the recent arrest of Istanbul's Mayor Ekrem Imamoglu. His detention has led to significant public unrest, marking the biggest wave of protests the nation has seen in over ten years.

President Erdogan has labeled the demonstrations as a "movement of violence," while opposition parties argue that Imamoglu's jailing is politically charged and an attack on democracy. Despite restrictions on gatherings, protests continue unabated across numerous cities.

The unrest has also had economic repercussions, with a noticeable drop in Turkish stocks and currency. Analysts predict ongoing political turmoil, leaving investors wary about the country's financial stability.

(With inputs from agencies.)