- Huawei outlines investment plans in Poland depending on 5G role
- Iran threatens to restart centrifuges, ramp up enrichment in next nuclear steps
- Former Erdogan ally resigns from founding group of ruling AK Party: statement
- 4 killed when 2 motorcycles collide on SoCal canyon road
- WeWork is reportedly looking to raise up to $4 billion in debt ahead of its IPO
FILE PHOTO: Turkey’s Deputy Prime Minister for the Economy Ali Babacan answers a question at a news conference during the IMF spring meetings in Washington April 17, 2015. REUTERS/Gary Cameron/File Photo
July 8, 2019
ANKARA (Reuters) – Former Turkish deputy prime minister Ali Babacan said on Monday he was resigning from the founding group of President Tayyip Erdogan’s AK Party over “deep differences” with the party’s direction.
Babacan, along with former president Abdullah Gul, plans to launch a rival political party this year, according to people familiar with the matter.
“It has become inevitable to start a new effort for Turkey’s present and future. Many of my colleagues and I feel a great and historic responsibility towards this effort,” Babacan said in a statement.
(Reporting by Orhan Coskun; Writing by Tuvan Gumrukcu)