A possible snap election plus a four-hour trading halt on the New York Stock Exchange made Thursday’s papers


World Bulletin / News Desk 

Thursday’s newspapers dedicated their pages to a possible snap election and coalition scenarios plus Wednesday's almost four-hour halt on the New York Stock Exchange.

HURRIYET reported that the ruling Justice and Development, or AK, Party was evaluating snap election possibilities in case a coalition government cannot be formed.

It wrote: "However, March 2016 is mentioned for early election; it is evaluated that November [this year], could be truer possibility."

Turkish President Recep Tayyip Erdogan is expected to give a mandate on Thursday to Prime Minister Ahmet Davutoglu to form a new government; Davutoglu is to seek the support of at least one other party to govern the country in a coalition.

If Davutoglu is unable to form a coalition with any of the other three parties in parliament, tradition dictates the president should offer the second-placed party the chance to create an administration.

YENI SAFAK wrote that “signs indicate a second ballot [snap election]” on its front page.

The daily said that, as the conditions laid down by the Republican Peoples’ Party (CHP) and the Nationalist Movement Party (MHP) made a coalition impossible, a snap election became the main topic on the agenda.

“The chronic opposition,” was AKSAM’s headline on its front page.

The paper said the opposition parties, who had not been able to win power for years, were “topu birbirine atti”, meaning ‘passing the ball to each other’.

“I think this possibility [an AK Party-CHP coalition] is weak but I am not pessimistic about this. An AK Party-MHP [coalition] possibility may be higher,” CHP leader Kemal Kilicdaroglu said in Ankara on Tuesday.

MHP leader Devlet Bahceli said earlier that an AK Party-CHP coalition could be formed.

Wednesday’s halt at the New York Stock Exchange was another news item which many newspapers focused on.

Trading was brought to a halt on the exchange for around four hours when the market was hit by a “technical issue”, an exchange official said on Wednesday.

All open orders for trades were cancelled, meaning offers to trade at a given price were annulled.

HABERTURK ran with a headline “Cyber [attack] suspicion on NYSE,” while YENISAFAK wrote: “Life halted in the U.S.,” reporting that the failure affected around 3,500 flights in the country.

In sports news, after Turkish footballer Arda Turan’s Barcelona transfer on Monday, the Istanbul street on which he lived earlier was renamed ‘Arda Turan Caddesi’ by the local municipality.

VATAN ran the headline: “Ordu [Army] Street becomes 'Arda’”.

In economic news, DUNYA wrote: "‘Defense’ is strengthening against imports,” reporting that anti-dumping and additional tax practices have been increasing in Turkey to preserve the domestic market and domestic producers.

Güncelleme Tarihi: 09 Temmuz 2015, 11:37