Bob Turner, Turner Investment Partners, explains why he is bullish on Turkey, Indonesia, Mexico and the Philippines.» Read More
President Obama and Turkish Prime Minister Erdogan hold a news conference on the progress towards peace in the Middle East, and agreements reached on trade and security.
*Cyprus gas could provide 40 pct of new EU needs. BRUSSELS/ NICOSIA, May 16- Cyprus could use its reserves of gas to meet up to 40 percent of Europe's additional gas needs over the next decade, helping to curb the European Union's reliance on Russia, the head of the island's national gas firm said.
Russia is set for 10 years of anemic growth, according to economists, who said the slowdown is predominantly due to low investment and structural factors.
*Turkey's monetary policy mix is unusually intricate. DUBAI, May 15- When Turkey's central bank cut interest rates last month, its decision aroused a mixture of approval, criticism and sheer confusion about exactly what the decision aimed to achieve.
The complaint comes from the tiny African state of Comoros, a member of the court, though Israel is not. Prosecutor Fatou Bensouda said she met Tuesday with lawyers from a Turkish law firm that is representing Comoros. The Mavi Marmari was registered in Comoros, an archipelago off the African coast near Madagascar with a population of around 800,000..
Russian spies still operate in the U.S. and American ones in Russia. On Tuesday, Russia's security services said they had caught a U.S. diplomat who they claim is a CIA official trying to recruit a Russian agent. She has stayed in the limelight since her deportation to Russia, hosting a reality TV show, modeling lingerie and becoming the face of a Moscow bank.
LONDON, May 15- Oil slipped towards $102 a barrel on Wednesday after data showed the euro zone's recession extended to the longest on record, while a stronger U.S. dollar and ample supplies put additional pressure on on the price. Brent crude slipped 42 cents to $102.18 a barrel by 1200 GMT.
LONDON, May 15- Oil slipped towards $102 a barrel on Wednesday after data showed the euro zone's recession extended to the longest on record, with a rising supply outlook also weighing on prices. Brent crude slipped 16 cents to $102.44 a barrel by 1005 GMT. Germany, the region's largest economy, narrowly dodged falling into recession thanks to a rise in consumption.
*Tokyo sarin attack provides hints for Syria investigation. *Western powers say evidence of use by Syria in mounting. In Syria, about two months have passed since the first allegations of sarin use arose on March 19, when rebels and government forces blamed each other for an attack in Aleppo province in which dozens are said to have been killed.
PARIS, May 15- A growing divide between rich and poor risks will yawn still wider if cash-strapped governments keep cutting back the welfare state, an industrialised nations' think-tank warned on Wednesday.
Attorney General Eric Holder was likely to face a storm of questions on Tuesday over the Justice Department's controversial decision to seize telephone records of the Associated Press, a move denounced by critics as a gross intrusion into freedom of the press.
ANKARA, May 14- A Turkish firm is partnering with the Kurdistan Regional Government and Exxon Mobil to carry out oil exploration in northern Iraq, Turkey's prime minister said on Tuesday, taking Turkey's cooperation with Iraqi Kurds on energy one step further.
ISTANBUL, May 14- Turkish Airlines staff are highly likely to go on strike from Wednesday, a union official said, raising the prospect of flight delays and cancellations in a dispute over pay and the reinstatement of sacked workers.
Poland is forecast to grow in line with crisis-mired Ireland this year, as euro zone woes hit Eastern Europe.
*Many Turks turn against government's Syria policy. REYHANLI, Turkey, May 13- Syrian refugees in Turkey say they fear a backlash after car bombings that killed 50 people and wounded many others over the weekend in a border town.
*China oil demand falls in April to eight-month low. LONDON, May 13- Crude prices fell to $103 a barrel on Monday weighed by a stronger dollar and a drop to an eight-month low in oil demand in the world's second-largest consumer China. "The economic data in China is not yet providing upward support.
*Centre-right GERB wins preliminary 30.7 percent of vote. *Others reluctant to work with GERB after protests. SOFIA, May 13- Bulgarian parties tried to cobble together a government on Monday after an election delivered a split parliament and left the European Union's poorest country in political stalemate.
SINGAPORE, May 13- U.S. crude futures slipped in early Asian trade on Monday on worries of a slowdown in demand growth as a slew of data from the world's top consumer the United States may point to slower growth early in the second quarter.
ISTANBUL, May 11- The European Bank for Reconstruction and Development is considering ways to help small businesses in emerging Europe, including through direct lending, as the region suffers lacklustre growth, its president said on Saturday.
*Large economies of Russia, Poland, Turkey lead slowdown. ISTANBUL, May 10- Europe's development bank slashed its 2013 growth forecasts for emerging Europe and North Africa on Friday by almost a full percentage point, saying a sharp slowdown in Russia would drag down the regional economy. "It's really a story of three big countries- Russia, Poland and Turkey.