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Turkey's future hangs in the balance as key elections test President Erdogan.

Erdogan's main challenger, Kylistrolu, wants to breathe life back into Turkey's application to join the EU

and have a stronger role in the Western Alliance.

And it would be a shift really in the global balance of power for Turkey to tilt back towards the West.

Plus China sentences an American citizen to life in prison on charges of espionage and new disclosures peel back the curtain on what CEOs actually get paid.

It's Monday, May 15th. I'm Luke Vargas with the Wall Street Journal and here is the AM edition of What's News.

The top headlines and business stories move your world today.

Turkey appears headed for a runoff election with both President Recep Tayyip Erdogan and his main challenger likely facing another vote in about two weeks.

With neither candidate claiming an outright victory in Sunday's election, the vote marks the most severe political challenge to Erdogan's two decades in power.

And Wall Street Journal Middle East correspondent Jared Mauson joins me now with the very latest from Istanbul.

Jared Early Results suggests no one got the 50% majority of votes needed to win.

What are Erdogan's chances of staying in power then?

He's claiming a convincing majority over his main challenger, Kamal Kylistrolu, who is the leader of the main opposition party.

And it is still possible that he could claim an outright majority today, depending on how the remaining votes play out.

Both candidates have stressed that they are waiting for all of the results to be counted before we really know which way this thing is going.

If things do hold and we are bound for a runoff, what would we expect over the coming two weeks of additional campaigning from both of these candidates?

Right, if there is a runoff, this would be two weeks of deep uncertainty for the entire country, a country that is 85 million people, a member of NATO, a member of the G20, and a key player in the crisis around the Russian invasion of Ukraine.

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