Financial Times addressed the challenges of Turkey's struggling economy and its impact on President Erdoğan. The analysis highlighted the consequences of İmamoğlu's arrest, Erdoğan's main political rival.

İmamoğlu's arrest led to mass street protests and financial panic, forcing the Central Bank to raise interest rates.

Foreign investors began to reconsider their investment plans due to the economic stagnation in Turkey. Erdoğan's public support significantly decreased during this process.

The analysis also mentioned the possibility of Erdoğan abandoning his reform program and rumors about dismissing Finance Minister Mehmet Şimşek and Central Bank President Fatih Karahan.

Under these challenging economic conditions, the likelihood of Erdoğan losing to İmamoğlu in elections also came to the fore. Economists believe that in such a scenario, Turkish markets could face a severe collapse.