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  • LONDON, Nov 26- The impact of sub- $80 oil prices rippled across energy-exporting emerging markets on Wednesday, with investors betting other countries will have to follow Nigeria in devaluing their currencies. Brent crude remained firmly below $80 per barrel and around a third lower from June levels after Saudi Arabia signaled it was unlikely to push for a...

  • TRIPOLI, Nov 26- Libya's rival government wants to send its oil minister to the OPEC summit in Vienna this week and will refuse to comply with any production decisions if it is denied access, the minister said. Libya has two cabinets and parliaments vying for legitimacy since a rival group took control of Tripoli in August, installing its own prime minister and...

  • RIVAL OIL MINISTER SAYS WILL ATTEND ISTANBUL BUSINESS CONFERENCE AS LIBYA'S REPRESENTATIVE ON WEDNESDAY.

  • Cyprus eyes gas exports to Egypt via pipeline Tuesday, 25 Nov 2014 | 8:36 AM ET

    NICOSIA, Nov 25- Cyprus and Egypt agreed on Tuesday to accelerate talks on the potential export of Cypriot gas to Egypt, once the resources come on line. Cyprus discovered natural gas offshore in late 2011, while once gas-rich Egypt has turned into a net importer from an exporter in recent years. "Egypt has a very huge infrastructure and can accommodate the...

  • Egypt in talks to import Cypriot natural gas Tuesday, 25 Nov 2014 | 4:24 AM ET

    NICOSIA, Cyprus— Egypt is speeding up talks with neighboring Cyprus to import natural gas for its domestic use and for possible re-export to other countries, the Egyptian petroleum minister said Tuesday. A preliminary study into the possible Cyprus- Egypt gas link should wrap up by the end of January, he said. Turkey's Prime Minister Ahmet Davutoglu warned...

  • ISTANBUL, Nov 24- Turkey and the United States smoothed over some differences in the fight against Islamic State during a weekend visit by U.S. Turkey has been a reluctant partner in the U.S.-led coalition against Islamic State, refusing to take a frontline military role despite its 1,200 km border with Iraq and Syria and thereby intensifying Western concern...

  • Biden announces new aid for Syrian refugees Saturday, 22 Nov 2014 | 5:49 AM ET

    ISTANBUL— Vice President Joe Biden and Turkish President Recep Tayyip Erdogan emerged from a nearly four-hour meeting Saturday, offering no indication that the U.S. and Turkey had bridged their differences about how to deal with Islamic State fighters or Syrian President Bashar Assad. Biden announced $135 million in new U.S. aid for Syrian civilians,...

  • *Inflation among highest in emerging markets. ISTANBUL, Nov 20- The Turkish central bank kept interest rates on hold on Thursday and said it would keep monetary policy tight until the inflation outlook improves significantly, hinting that no cuts are likely until next year. The Istanbul stock index and 10- year benchmark bond were little moved.

  • 'Booze Traveler' host explores how world drinks Thursday, 20 Nov 2014 | 12:53 AM ET

    BOSTON— Jack Maxwell drinks for a living. In a telephone interview with The Associated Press, the Los Angeles- based actor said his early years in the neighborhood known as Southie— where convicted gangster James "Whitey" Bulger once reigned— showed him what cocktails can teach about a culture. Part travelogue, part drinking diary, "Booze Traveler" takes viewers with...

  • NEW YORK/ LONDON/ SHENZHEN, Nov 18- There is no trace of Shenzhen Lanhao Days Electronic Technology Co Ltd at its listed address in the beige and pink-tiled " Fragrant Villa" apartment complex in this southern Chinese city. But a Western intelligence report reviewed by Reuters says Shenzhen Lanhao is one of several companies in China that receives money from Iran...

  • DIARY - Emerging Markets Economic Events to Dec 1 Monday, 17 Nov 2014 | 7:02 PM ET

    Nov 18- For other related diaries, please. MAKATI CITY- Asian Development Bank to launch the latest Asian Economic Integration Monitor- 0130 GMT. BRASILIA- Brazil Central Bank President Alexandre Tombini may speak at congressional commission about deterioration of the country's fiscal results.

  • ISTANBUL, Nov 12- Insurers from Europe, Asia and the United States are among some 20 potential bidders in the sale by Turkey's state-run Halkbank of its pension and insurance arms, three sources close to the process said on Wednesday. European firms Ageas, Aviva and Zurich Insurance, Japan's Meiji Yasuda, Nippon Life and Sompo Japan Insurance, Malaysia's Khazanah...

  • US needs to be more proactive on ISIS Wednesday, 22 Oct 2014 | 4:28 PM ET
    President Barack Obama delivers a prime time address from the Cross Hall of the White House on September 10, 2014 in Washington, DC.  Vowing to target the Islamic State with air strikes "wherever they exist".

    The US has only jumped into ISIS battles at the last minute to avert disaster. It's time to get ahead, says David Phillips.

  • ISTANBUL, Oct 22- Lockheed Martin and Turkish missile manufacturer Roketsan signed an agreement Wednesday to produce and sell Turkey's SOM-J air-launched cruise missile for the F-35 Lightning II combat jet, the companies said. "Lockheed Martin has a long history of partnership with Turkey, and we look forward to working closely with Roketsan on this very...

  • The Treasury official heading the ISIS attack Wednesday, 22 Oct 2014 | 10:45 AM ET
    David Cohen, under secretary for terrorism and financial intelligence at the Treasury Department

    David S. Cohen, the Treasury Department's intelligence strategist and global enforcer, makes sure illicit funds do not go to terrorists. NYT reports.

  • Euripides Evriviades, Cypriot High Commissioner to the UK, says Turkey is "violating international law" in its gas dispute with Cyprus.

  • US wealth inequality isn't as bad as you thought Friday, 17 Oct 2014 | 12:38 PM ET
    A woman begs in central Moscow.

    If you think wealth inequality in the U.S. is bad, consider Russia.

  • *Faltering euro zone economy, slower growth in China pose biggest risks. Indeed, the biggest danger for the world economy in the coming year is deflation or another recession in the euro zone, followed closely by the risk of slower growth in China, according to polls conducted globally over the past week. "Especially, the recent weakening of growth in emerging...

  • Retail consultancy Verdict predicts the global sector should return to growth in 2014 and expand by 22 percent to about $450 billion by 2019. The recovery will be driven by expansion in emerging markets, with China set to account for 30 percent of total spend five years from now. Pioneered in France, Britain and the United States from around the 1840 s by...

  • War on the doorstep compounds Turkey's economic worries Wednesday, 15 Oct 2014 | 8:40 AM ET

    Investors who until mid-2013 saw Turkey as a relatively safe bet in a chaotic region are increasingly alarmed that it might not only be dragged into the war in Syria but also lose the hard-won prospect of peace and economic revival in its own Kurdish region. So far, Turkey has resisted Western and Kurdish pressure to enter Syria's complex war by sending its tanks...