What Does State of Emergency Mean for Turkey?

The video discusses the suspension of parts of Turkey's Constitution, allowing the cabinet to pass edicts with the force of law, bypassing the Constitutional Court unless overruled by Parliament. This has raised concerns among investors about the rule of law in Turkey. The video also covers the extensive purges and detentions following a coup attempt, with over 60,000 people affected. The reinstatement of the death penalty is debated, which could impact Turkey's EU membership prospects. Economically, Turkey's situation may slow investment and tourism, affecting its economy but having limited impact on Europe.

What is the significance of the number of people detained or purged in the context of Turkey's political climate?

What are the potential economic impacts on Turkey due to the political changes and investor sentiment?