Recent developments in Turkish politics center on the scheduled 2028 presidential election and efforts to navigate constitutional term limits. President Recep Tayyip Erdoğan’s Justice and Development Party alliance holds 326 parliamentary seats, short of the 360 needed to renew elections and potentially enable a third term under Article 116. Erdoğan has emphasized a “year of the Constitution” to address institutional issues ahead of a possible April 2028 vote, described by advisers as his final candidacy. Opposition figures face legal proceedings, including the imprisonment of Istanbul mayor Ekrem İmamoğlu and leadership disputes within the CHP that led to the formation of the New Party, weakening coordinated challenges. Opposition calls for early elections or resignation persist amid municipal investigations and protests, while recent cabinet changes and party restructuring fuel speculation about succession planning. These factors shape trader assessments of the timeline for Erdoğan’s departure from office.