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For decades, Turkey has been told it was not ready to join the European Union — that it was too backward economically to qualify for membership in the now 27-nation club. That argument may no longer hold. The NYT reports.
The Israeli-Turkish alliance so abruptly shattered in the past few days may have been born of military necessity, but it was still real.
With one action, Turkey now appears to be the defender of the Palestinians in Gaza, usurping the role that Iran has been trying to claim. Israel was trying to keep control of Gaza and will claim they were provoked and attacked first.
The U.S. dollar's strength appears to be waning as the focus turns from Europe's debt worries to China's possible appreciation of its currency, Chris Zwermann, global strategist and technical analyst at Zwermann Financial said Tuesday.
The risk of default for Greek debt is priced much higher than that of Eastern European countries like Romania or Turkey. But Greece is rated investment grade while the two Black Sea countries are rated below investment grade.
Fast Money’s Ambassador thinks Turkey may present opportunity despite the nation's political turmoil.
Investing in Turkish stocks could bring strong gains over the next year and a rally in the country's currency could give those gains an extra boost, Chris Zwermann, global strategist at Zwermann Financial, told CNBC Wednesday.
The dollar has turned a corner against the yen, Robin Griffiths, technical analyst at Cazenove Capital, said Monday.
The market won't retest its March lows, but it will turn choppy around January or February, said Joe Quinlan, chief market strategist at Bank of America.
Fast Money’s emerging markets trader Tim Seymour talks turkey about trading Turkey!
Investors should start looking at emerging markets for their portfolio as the fundamentals compared to the developed world are compelling at the moment, Mark Mobius, executive chairman of Templeton Asset Management, told CNBC Thursday.
Want to be a star at WEF? Storm out of a panel, the Congress Center, Davos and Switzerland altogether.
Oil closed at $15.20, dropping to a three-month low Friday as the dollar surged and concerns about global economic growth weighed on demand expectations.
Oil rose on Thursday on expectations a one million barrel per day pipeline that was attacked by Kurdish separatists in Turkey could remain shut for up to two weeks.
Shifting focus to fast-growing Eastern Europe and shedding jobs in the mature Western European markets will ensure that the continent's second-largest bank meets its ambitious growth targets, UniCredit CEO Alessandro Profumo told "Squawk Box Europe" on Wednesday.
With Britain’s Queen Elizabeth’s making her first visit in 37 years, Turkey comes into the spotlight once again. Should you follow the Royals into this growing nation?
Oil slipped from a record high over $126 a barrel Monday as a dip in crude oil imports into No. 2 consumer China stirred concerns high prices were eating into demand.
U.S. crude oil futures ended at a record high on Thursday, fueled by yet another rally in heating oil futures, which hit a new peak.
Oil prices climbed to a fresh closing peak of above $123 a barrel despite a big increase in U.S. crude supples.
Crude oil prices closed at yet another record of $121.84 a barrel on Tuesday after a forecast that prices will just keep climbing.