Paul has wanted out of the family business since 2014 but an acrimonious argument is playing out in the Supreme Court over the break up.

The European Central Bank is making its reputation at this time of turmoil and crisis. Barely a month after the rejection of the European Union Constitution in France and the Netherlands, the EU Summit in Brussels ended in a surprisingly acrimonious orgy of national egoisms and no deal.

The outcome can be seen as a vindication of Erdoğan s strategy of using political polarization to consolidate his support and counter the challenge to his rule posed by followers of his former ally, the US based Islamic preacher Fethullah Gülen. With the AKP s initial support, the Gülen movement gradually infiltrated state institutions, particularly the judiciary and law enforcement, until the alliance eventually ended in an acrimonious split over the distribution of power within Turkey.