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Business Turkey


  • *Wall St flat, European stocks rally. NEW YORK, Nov 25- The U.S. dollar gained and the euro briefly hit a seven-month low on Wednesday in a volatile session on views the European Central Bank will ease monetary policy further, including buying more debt and charging banks for hoarding cash. "A lot of people are taking the day off and this is just programs trading There's...

  • Federica Mogherini

    The office of EU foreign policy chief Federica Mogherini said that Russia agreed to try for a diplomatic solution in Syria.

  • NEW YORK, Nov 25- The dollar gained and the euro fell as far as a seven-month low on Wednesday following a Reuters report that the European Central Bank is weighing further easing monetary policy soon, including buying more debt and charging banks for hoarding cash. European stocks rallied and Wall Street was little changed, leaving an MSCI measure of equities...

  • Downed Russian pilot: I received no warning from Turkey

    CNBC's Hadley Gamble reports on conflicting stories and rising tensions in the Middle East after a Russian military plane was shot down by Turkey.

  • *Germany wants permanent quota system for sharing refugees. BRUSSELS/ IDOMENI, Greece, Nov 25- The European Union's chief executive warned on Wednesday that the survival of Europe's "partially comatose" open border travel zone and its single currency were both at risk if member nations continue erecting internal barriers to keep out refugees.

  • *ECB report overshadows Russia- Turkey tensions. These sweeping moves ahead of the European Central Bank's policy meeting next week overshadowed the reverberations of Turkey's shooting down of a Russian fighter jet this week, which had earlier somewhat tempered investors' risk appetite. said Josh O'Byrne, currency strategist at Citi in London.

  • Speaking before a meeting with Jordan's King Abdullah, Russian President Vladimir Putin called Turkey's downing of a Russian fighter jet "a stab in the back" carried out by the accomplices of terrorists, saying the incident would have serious consequences for Moscow's relations with Ankara.

    The foreign ministers of Russia and Turkey decide to meet in the coming days to discuss the situation on Turkey's border with Syria.

  • Russian pilot 'alive and well': Report

    NBC's Joe Fryer reports the latest details on the rising tensions between Russia and Turkey after a Russian military jet was shot down on the Syrian border.

  • Putin painted into a corner: Expert

    What are Vladimir Putin's biggest risks? Col. Jack Jacobs, Medal of Honor Recipient and MSNBC military analyst, talks about Russian retaliation against Turkey amid rising tensions in the Middle East.

  • Tensions escalates between Turkey and Russia

    CNBC's Hadley Gamble reports tensions are running high in the Middle East and Vladimir Putin is making new comments about the Russian military plane shot down by Turkey.

  • LONDON, Nov 25- Turkish shares hit six-week lows on Wednesday and the lira extended losses on fears that rising tensions with Russia could hurt the already shaky economy. MSCI's emerging equity index was flat though Chinese shares closed higher as the dollar reversed earlier losses to inch back towards a recent eight-month high against a basket of currencies.

  • "Equity markets are moving higher as the dust settles from the political fallout between Russia and Turkey," said David Madden, market analyst at IG in London. Nevertheless, Russia said on Wednesday it will send an advanced air defence system to reinforce its air base in Syria and consider cancelling a raft of joint business projects with Ankara after one of its...

  • Will Turkish/Russian tensions escalate?

    Mehmet Ali Tugtan, assistant professor of international relations at Istanbul Bilgi University, speaks to Hadley Gamble about the Russian military jet which was shot down by Turkey and how this could negatively affect Turkey's economy if Russia retaliates.

  • Tensions rise in the Middle East

    Christopher Granville, managing director of Trusted Sources, says Turkey is hostile to a peace process in Syria.

  • Russia-Turkey tensions on the rise

    Hadley Gamble, CNBC correspondent, reports on the growing tension between Russia and Turkey after a Russian military jet was shot down by Turkey.

  • How will Russia respond to Turkey?

    Alastair Newton, political analyst for Alavan business advisory, comments on what could happen to Turkey's economy and oil prices following Turkey's decision to shoot down a Russian fighter jet.

  • Turkey shoots down Russian warplane

    Richard Engel, NBC correspondent, reports on the latest developments from Turkey, where a Russian military jet was shut down for infringing on Turkey's airspace.

  • Two outcomes of Russia-Turkey jet incident

    Alastair Newton, political analyst at Alavan Business Advisory, says there will either be increased efforts of coordination between all parties, or there will be a standoff.

  • JPMorgan: Geopolitical risks are everpresent

    The Russia-Turkey jet incident should not be a driving force behind investment decisions, says Kerry Craig, global market strategist at JPMorgan Asset Management.

  • Turkish diplomat: Russian jet was warned ten times

    Taner Seben, the Turkish Ambassador to Singapore, shares evidence that the downed Russian jet violated Turkish air space.