Turkey's weak economy exposed after referendum

Istanbul

SUPPORTERS of Recep Tayyip Erdogan waved flags in the streets while opponents banged pots and pans in protest in their homes, after a narrow referendum victory gave the Turkish president sweeping powers and laid the nation's divisions bare.

The referendum will bring the biggest overhaul in Turkish politics since the founding of the modern republic, abolishing the post of prime minister and concentrating power in the hands of the president.