Mercifully for investors in Turkish equities (TUR +1.7%), Recep Tayyip Erdogan's government will...

|By:, SA News Editor

Mercifully for investors in Turkish equities (TUR +1.7%), Recep Tayyip Erdogan's government will suspend plans to redevelop Gezi Park pending a court ruling on the matter. The Borsa Istanbul rallies 4.61% to 80,011.13, still some 14% below highs hit last month. (previous)