Turkey inauguration: President Erdogan sworn in for third term

Turkish President Recep Tayyip Erdogan has been sworn in as head of state after winning an historic run-off election to extend his two-decade rule for another five years.

The 69-year-old leader, who announced his new cabinet later on Saturday, will be tasked with handling an economic crisis that has witnessed runaway inflation and the collapse of the lira. He named former economy chief and internationally respected ex-banker Mehmet Simsek as treasury and finance minister.

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