Turkish president Erdogan appoints divisive aide as economic adviser

Newly inaugurated Turkish president Tayyip Erdogan has appointed his close aide Yigit Bulut to be his chief economics adviser, his office said on Saturday, a move likely to alarm investors already concerned over the management of the country's finances. Bulut, an influential but divisive figure, was a key voice in the ear of Erdogan when he was still prime minister. He appears to support his master on issues such as the existence of an "interest lobby", a shadowy group Erdogan has accused of trying to sabotage Turkey's economy through higher rates. Erdogan, who had held sway over politics as prime minister since 2003, was sworn in on Thursday as Turkey's first popularly-elected president, cementing his position as its most powerful leader of recent times. Read More http://ift.tt/1zWJIqS