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  • *Moody's has Turkey on review for possible downgrade. ISTANBUL, July 28- A crackdown in Turkey after a failed coup could further weaken its institutions and threaten its investment grade status, investors fear, as dismissals and detentions stretch from the judiciary into the private sector and even the central bank. Turkey has suspended, detained or put under...

  • ISTANBUL— The European Union and journalist associations expressed concern Thursday about a widening crackdown on media in Turkey, calling on Ankara to respect fundamental freedoms. As a candidate nation for EU membership, Turkey "needs to aspire to the highest possible democratic standard and practices, including on the freedom of the media," said EU...

  • Now, the head of Turkey's second army, responsible for its borders with Syria and Iraq, is in prison in Duzce, some 216 km east of Istanbul, the most senior serving general arrested for suspected involvement in a failed military coup. But it exposed and exacerbated divisions within the second largest military in the NATO alliance, raising questions about its...

  • LONDON, July 26- Emerging market stocks dug in at nine-month highs on Tuesday ahead of a flurry of central bank meetings, including a possible rate hike in Nigeria where the recently unshackled naira was bobbing at a record low. Hungary, which has been emerging Europe's top performing market again this year, was also holding a rate meeting as was more turbulent...

  • ISTANBUL, Turkey, July 26- Muna Awwal wants to go to school. Muna and her family arrived in Turkey from Syria in 2013. Her father Mahmud says some of the clothes are sold in Europe.

  • ANKARA, Turkey— Turkish Airlines says it has terminated the contracts of 211 employees, joining a government purge of people suspected of links to a U.S.-based cleric whom authorities accuse of orchestrating Turkey's failed coup. The national carrier said Monday the contracts were canceled due to "nonfulfillment of performance standards" and in line with...

  • *European shares up 0.5 percent; Wall Street seen flat. LONDON, July 25- World shares held near nine-month highs on Monday after G20 finance chiefs said over the weekend they would use "all policy tools" to lift global growth. Wall Street was expected to start the week flat too, with last week's record highs for the S&P 500 and Dow Jones likely to keep traders, still in the...

  • CHENGDU, China, July 24- Turkey wanted the final communique of the world's financial leaders meeting in China this weekend to include an endorsement of the current government after the failed coup attempt last week, but did not succeed, G20 officials said. But European Commissioner for Economic Affairs confirmed on Sunday that Turkey had sought such a mention.

  • CHENGDU, China, July 23- Turkey wanted the final communique of the world's financial leaders meeting in China this weekend to include an endorsement of the current government after the failed coup attempt last week, but did not succeed, G20 officials said. The Turkish government, which introduced a state of emergency on Wednesday after the failed coup and is...

  • CHENGDU, China, July 23- Turkey wanted the final communique of the world's financial leaders meeting in China this weekend to include an endorsement of the current government after the failed coup attempt last week, but did not succeed, G20 officials said. The Turkish government, which introduced a state of emergency on Wednesday after the failed coup and is...

  • CHENGDU, China, July 23- Turkey wanted the final communique of the world's financial leaders meeting in China this weekend to include an endorsement of the current government after the failed coup attempt last week, but did not succeed, G20 officials said. The Turkish government, which introduced a state of emergency on Wednesday after the failed coup and is...

  • CHENGDU, China, July 23- Turkey wanted the final communique of the world's financial leaders meeting in China this weekend to include an endorsement of the current government after the failed coup attempt last week, but did not succeed, G20 officials said. The Turkish government, which introduced a state of emergency on Wednesday after the failed coup and is...

  • CHENGDU, China, July 23- Turkey wanted the final communique of the world's financial leaders meeting in China this weekend to include an endorsement of the current government after the failed coup attempt last week, but did not succeed, G20 officials said. The Turkish government, which introduced a state of emergency on Wednesday after the failed coup and is...

  • NAIROBI- Central bank of Kenya monetary policy meeting- 0000 GMT. TUESDAY, JULY 26 JOHANNESBURG- South African Finance Minister Pravin Gordhan speaks at Nedbank group's annual investment summit on "the role of business in securing a more prosperous and inclusive future for all South Africans"- 0700 GMT. ANKARA- Turkey central bank to publish quarterly inflation...

  • LONDON/ ISTANBUL July 21- Turkey's botched coup and an apparent lurch towards authoritarianism is ratting investors and threatens to throw into reverse the hundreds of billions of dollars that have flowed to this once-booming emerging market. In the years after its 2001-2002 financial crisis, Turkey rode a wave of bullishness towards emerging markets, and...

  • FRIDAY, JULY 22 BEIJING- Chinese Premier Li Keqiang will hold a roundtable with World Bank President Jim Yong Kim, International Monetary Fund Managing Director Christine Lagarde, World Trade Organization Director-General Roberto Azevedo, International Labor Organization Director-General Guy Ryde, Organization for Economic Cooperation and...

  • LONDON/ ISTANBUL July 21- Turkey's botched coup and an apparent lurch towards authoritarianism is ratting investors and threatens to throw into reverse the hundreds of billions of dollars that have flowed to this once-booming emerging market. In the years after its 2001-2002 financial crisis, Turkey rode a wave of bullishness towards emerging markets, and...

  • LONDON, July 21- World stocks faded after hitting nine-month highs on Thursday, cooled by signals from Japan that its next shot of stimulus won't include hand-out' helicopter money'. The European Central Bank, at its first post-Brexit meeting, opted to keep its record low interest rates on hold and Wall Street markets looked to be heading for a subdued restart.

  • Draghi speaks on Troika, Turkey Unrest

    European Central Bank president Mario Draghi says while the unrest in Turkey is likely to affect confidence, it’s very difficult to see a significant impact on the euro zone.

  • LONDON, July 21- World stocks hit near nine-month highs on Thursday as talk of another super-sized shot of stimulus from Japan helped buoy the mood ahead of the European Central Bank's first post-Brexit meeting. The yen had hit a six-week low on reports Tokyo was considering a package of at least 20 trillion yen to boost the economy. ECB policymakers meeting in...