ISTANBUL, Turkey, Aug. 25 (UPI) -- A new election in Turkey has been called by President Recep Tayyip Ergodan.
The vote, expected Nov. 1, will be the second national election in five months, and was ordered after Turkey's political parties missed a deadline to organize a governing coalition. Erdogan's AK party lost its majority, for the first time in 10 years, in June's vote, and a coalition could not be organized within the required 45 days.
The June elections curbed Erdogan's hope to expand presidential powers, and since the vote, Turkey has expanded its conflicts with Kurdish separatists and with the Islamic State. Failed talks over the political coalition are blamed for a 10 percent decline on Istanbul's stock market and a severe loss of the Turkish lira against the U.S. dollar.
The announcement of a new election came Monday.
The popularity of the AK party has also fallen, with numerous anti-government protests, scandals involving corruption within the government, a lapse in peace talks with the Kurds and Erdogan's interest in establishing an imperial presidency.