Erdogan Becomes Sultan After Turkey Referendum, Opposition Contests Result

Early on, it looked like Turkey's Erdogan was well on his way to easily winning a historic referendum that would allow him to change the country's constitution and consolidate power in the presidency. As noted earlier today and as detailed extensively on Saturday, this is a huge deal for Turkey and for emerging markets. But as the votes came in, the "yes" lead dwindled. Ultimately though, Erdogan declared victory, calling the leaders of three political parties supporting changes to the c