Recep Tayyip Erdo

While it has been the word on the street for more than a month, everybody looks like they are surprised to see PM Ahmet Davuto?lu leave office so smoothly. Has it been in the making all along? What was the main reason? There have been many other crises between the president and the prime minister, so what made it different this time?

A German court has thrown out a bid by Turkish President Recep Tayyip Erdo?an for an interim injunction against Axel Springer CEO Mathias Döpfner in order to prevent him from repeating a poem by German comedian Jan Böhmermann, after the CEO penned an open letter expressing support for the satirist, Deutsche Press-Agentur has reported. 

Outgoing Turkish Prime Minister Ahmet Davuto?lu began his political career as a diplomatic adviser 14 years ago. He rose to the Foreign Ministry and ultimately to the Prime Ministry with the Justice and Development Party (AKP) before choosing to quit the latter post on May 5. 

The European Union is "unsure" how the departure of Turkey's prime minister will affect the deal he struck with the EU to curb migration, the EU's foreign affairs chief said on May 5, as Brussels watched events in Ankara with unease. 

Global investors and markets will be closely following Turkey's economy after the announcement from Prime Minister Ahmet Davuto?lu that he is stepping down. 

While traveling to Antalya on May 3 for a "sequencing conference," speculations were abundant that the prime minister might step down at any moment. There was such an expectation for some time because of an alleged widening rift between the president and the prime minister.

Leaders of both the main opposition Republican People's Party (CHP) and the Peoples' Democratic Party (HDP) have called the resignation decision of Prime Minister Ahmet Davuto?lu a "coup" by President Recep Tayyip Erdo?an. 

Turkish Prime Minister Ahmet Davuto?lu has announced his decision to leave the chairmanship of the Justice and Development Party (AKP) at an extraordinary convention on May 22, underlining that the real reason behind his departure was not his failure as premier but differences with his colleagues over principles. 

Turkish markets rebounded on May 5 after Prime Minister Ahmet Davuto?lu appealed to Justice and Development Party (AKP) members to avoid any splits when he steps down as party leader this month and vowed his loyalty to President Recep Tayyip Erdo?an, helping ease market fears.

Turkish stocks fell and bond yields surged on May 5 after officials said overnight that the ruling party was set to replace Prime Minister Ahmet Davuto?lu at an extraordinary congress in the coming weeks.