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  • GAZA/ JERUSALEM, July 29- Israel's military pounded targets in the Gaza Strip on Tuesday after Prime Minister Benjamin Netanyahu said his country should prepare for a long conflict in the Palestinian enclave, squashing any hopes of a swift end to 22 days of fighting. Gaza residents reported heavy Israeli bombing in Gaza City.

  • Turkish high-speed rail opens between main cities Friday, 25 Jul 2014 | 9:27 AM ET

    ANKARA, Turkey— Turkey inaugurated a high-speed rail service Friday linking Ankara to Istanbul which will cut travel time between the country's main two cities by half.

  • DIARY - Emerging Markets Economic Events to Aug 5 Tuesday, 22 Jul 2014 | 8:02 PM ET

    July 23- For other related diaries, please. WARSAW- Central Bank of Poland Marek Governor Belka speaks in parliament. MEXICO CITY- IMF presents its latest World Economic Outlook report- 1400 GMT.

  • ISTANBUL, July 22- A Turkish Airlines plane flying from Istanbul to Tel Aviv turned back on Tuesday as the company halted flights there for 24 hours due to security reasons, company spokesman Ali Genc told Reuters.

  • *Rate cut is in line with market consensus. ISTANBUL, July 17- Turkey's central bank trimmed its main interest rate for a third consecutive month on Thursday but resisted the deep cuts sought by Prime Minister Tayyip Erdogan weeks ahead of a presidential election.

  • Turkey cuts rates again as volatility eases Thursday, 17 Jul 2014 | 8:01 AM ET

    ANKARA, Turkey— Turkey's central bank has cut its main interest rate by a further half percentage point as it continues to lower borrowing rates following a big increase earlier this year to support the country's currency.

  • Business Highlights Wednesday, 16 Jul 2014 | 5:50 PM ET

    Rejected Fox bid for Time Warner shows growth mood. NEW YORK— In a move that aims to counter consolidation among TV distributors, Rupert Murdoch's Fox has made an unsolicited takeover offer for rival media giant Time Warner for about $76 billion in cash and stock.

  • The company, which provides firms with temporary workers and offers them IT outsourcing, management and engineering services, also operates in Germany, Russia, Turkey, Czech Republic, Slovakia and Hungary.

  • Falafel to go: Mideast food chains expand abroad Wednesday, 16 Jul 2014 | 2:45 AM ET

    DUBAI, United Arab Emirates— The super-sized malls that dot Dubai and other Gulf Arab cities are stuffed with foreign restaurants, from Burger King and Subway to suburban sit-down staples like IHOP and Red Lobster. A United Arab Emirates- based chain called Just Falafel opened its first branches in the United States and Canada last month.

  • ISIS and uranium? Just a scare tactic: Phillips Thursday, 10 Jul 2014 | 3:34 PM ET
    Iraqi Prime Minister Nouri al-Maliki

    Iraq said ISIS seized a stash of uranium. These are scare tactics aimed at getting the U.S. to take action, says former WH adviser David L. Phillips.

  • *Kurds in Turkey seek greater autonomy, not independence. ISTANBUL, July 9- What has long been a dream for the Middle East's Kurds, an independent state, is within reach in Iraq, but Turkey's Kurds, wearied by a 30- year conflict with Ankara, see a brighter future at home, where negotiations could deliver the rights they have fought for.

  • Extremists in Iraq need a history lesson: Phillips Tuesday, 8 Jul 2014 | 9:37 AM ET
    Iraqi security forces pull down a flag belonging to Sunni militant group Islamic State of Iraq and the Levant (ISIL) during a patrol in the town of Dalli Abbas in Diyala province, June 30, 2014.

    ISIS has a legitimate grievance but the wrong tactics, says former White House adviser David L. Phillips.

  • ISTANBUL/ ANKARA, July 7- Turkish officials say key economic ministers will stay in post if, as expected, prime minister Tayyip Erdogan becomes president next month, and they dismissed fears that policy would take a populist turn, jeopardising more than a decade of strong growth.

  • ISTANBUL, July 3- Yakup Saygili ranked among Turkey's top police commanders until he launched anti-graft raids that touched on Prime Minister Tayyip Erdogan's circle. Now he sits at home, victim of a purge he says has undermined specialist units' ability to tackle a growing terrorist threat spilling from the Middle East.

  • In a convoy that stretches hundreds of meters, the trucks travel east across northern Israel, bringing goods from Europe to customers in Jordan and beyond. The number of trucks crossing between Israel and Jordan has jumped some 300 percent since 2011, to 10,589 trucks a year, according to the Israel Airports Authority.

  • US needs to understand what Iran wants in Iraq Monday, 30 Jun 2014 | 10:21 AM ET
    Iranian President Hassan Rouhani

    If the Obama administration wants Iran's cooperation on Iraq, it needs to know what Iran wants, says former White House adviser David L. Phillips.

  • ANKARA, June 26- Turkey's government sent a bill to parliament on Thursday setting out a legal framework for peace talks with Kurdish militants, a step that may boost support for Prime Minister Tayyip Erdogan before an August presidential election.

  • Why the Kurds need Turkey's help: David Phillips Tuesday, 24 Jun 2014 | 11:41 AM ET
    Turkish PM Recep Tayyip Erdogan delivers his speech at the Grand National Assembly of Turkey during an AK Party group meeting on June 24, 2014.

    Iraqi Kurdistan needs Turkey’s political and security support to emerge as an independent state, says former White House adviser David L. Phillips.

  • *Israel keen to build rapport with Kurds. *Israel previously bought small cargoes of trucked oil. LONDON, June 20- A tanker delivered a cargo of disputed crude oil from Iraqi Kurdistan's new pipeline for the first time on Friday in Israel, despite threats by Baghdad to take legal action against any buyer.

  • Iraq is on the verge of collapse: David Phillips Thursday, 19 Jun 2014 | 12:38 PM ET
    Tribal fighters shout slogans while carrying weapons during a parade in Kerbala, south of Baghdad, June 18, 2014.

    Iraq is on the verge of collapse—and working with Iran is a "flawed strategy," says former White House foreign-affairs adviser David L. Phillips.