Erdogan announces new cabinet

Turkish President Tayyip Erdogan on Saturday named diplomat and intelligence officer Hakan Fidan as foreign minister as he announced the cabinet for his new five-year term.

General Yasar Guler takes over the position of defense minister.

Outgoing ministers Mevlut Cavusoglu (foreign affairs), Hulusi Akar (defense) and Suleyman Soylu (interior) were not reappointed to the cabinet. 

Former economy chief Mehmet Simsek takes up the key role of finance minister.

Simsek was highly regarded by investors when he served as finance minister and deputy prime minister between 2009 and 2018. Reuters reported this week that Erdogan was viewed as almost certain to include Simsek in his new cabinet, either as finance minister or as a vice president responsible for the economy.

His appointment could mark a departure from years of unorthodox economic policies under...