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Turkey

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  • 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...

  • If ECB rolls out QE, who will benefit?  Monday, 24 Nov 2014 | 5:50 PM ET

    Tim Umberger, Senior Advisor at East Capital, names Turkey as one of the countries that will benefit the most from potential stimulus in Europe. He later discusses the outlook for Russia.

  • 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...

  • Oil oversupply is not significant: Economist  Monday, 3 Nov 2014 | 4:50 AM ET

    Philippe Dauba-Pantanacce, senior economist for Turkey, Middle East and North Africa at Standard Chartered Bank is bullish on oil prices and claims data shows there is no real oversupply.

  • 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...

  • 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.