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  • *Turkey assumed G20 presidency this month. They fear he is taking Turkey ever further from Western standards on rule of law and free speech. Supporters say he is returning Turkey to its former glory, restoring its Ottoman and Islamic heritage after nine decades of rule by a secular elite.

  • Eastern Europe counts cost of a pipeline's demise Friday, 12 Dec 2014 | 5:27 AM ET

    *Serbia sold oil and gas monopoly on promise of South Stream. BELGRADE, Dec 12- As recently as Nov. 21, the Gazprom subsidiary tasked with building the Serbian leg of Russia's South Stream gas pipeline issued a call for mechanics, builders and welders. South Stream represented the biggest infrastructure investment in Serbia in the almost 15 years since the former...

  • Thousands of Italians protest economic reforms Friday, 12 Dec 2014 | 4:42 AM ET

    MILAN— Tens of thousands of union workers marched through more than 50 Italian cities on Friday to protest government economic reforms that they say erode their rights. In a sign of discord within his own Democratic Party, some of its members joined the marches. Susanna Camusso, the leader of CGIL, Italy's largest union, led a protest march in the northern city of...

  • Italian PM not backing down on reform plans Thursday, 11 Dec 2014 | 1:08 PM ET

    ISTANBUL— Facing nationwide strikes, Italian Premier Matteo Renzi says he's not backing down on plans to shake up the country's labor market in an effort to fight double-digit unemployment and bring it out of recession. Two major trade unions in Italy have called nationwide strikes Friday to protest Renzi's plans to ease regulations to make it easier to fire...

  • OMISALJ, Croatia, Dec 10- Spurred by the demise of Russia's South Stream gas pipeline project, Croatia has revived a decade-old idea of building a liquefied natural gas import terminal at the deepwater oil port of Omisalj on the island of Krk. But the Ukraine crisis and the collapse of South Stream have refocused minds in central and eastern European nations on...

  • NEW DELHI, Dec 4- India will press the Group of 20 economies to set a two-year deadline to reduce the cost of international money transfers, two government sources said, potentially saving more than $20 billion for developing countries. The world's largest recipient of remittances- of about $70 billion a year- won the backing of G20 leaders last month in Brisbane...

  • ANKARA/ MOSCOW, Nov 28- Russian President Vladimir Putin's visit to Turkey on Monday will have trade and energy issues at its heart, but is not expected to bridge deep differences over Syria and Crimea. The two issues have tested a relationship usually kept on track by mutual economic advantage: Russia is Turkey's main energy supplier, and Ankara is Moscow's...

  • TRIPOLI, Nov 28- Libya's self-proclaimed prime minister has warned that attempts by a rival government in the east to assert control over the oil industry could escalate the political conflict dividing the OPEC member state and force it to break in two. Libya has had two governments competing for power since August when a group called Operation Libya Dawn,...

  • LONDON, Nov 28- The oil price collapse pushed Russia's rouble to new record lows near the 50 per dollar mark on Friday, while currencies in energy producers from Nigeria to Malaysia hit multi-year or all-time lows. Brent crude has fallen below $72 a barrel after the OPEC club on Thursday decided against production cuts, broadening the divide between...

  • 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...

  • 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...

  • US, Turkey stay at odds over ISIS, Syria Saturday, 22 Nov 2014 | 2:59 PM ET

    Top officials from the U.S. and Turkey emerged from a meeting offering no indication that the two countries had bridged their differences.

  • *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.

  • Energy price drop is a catalyst for Turkey's economy  Thursday, 20 Nov 2014 | 4:20 AM ET

    Simon Quijano-Evans, head of EM Research at Commerzbank talks about how dropping energy prices will affect Turkey's economy, especially as Turkey imports 90 percent of its energy requirements from elsewhere.

  • 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...