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Business Turkey

  • MOSCOW- Central Bank of Russia interest rate decision 1030 GMT. TUESDAY, AUGUST 1 SYDNEY- Reserve Bank of Australia holds monetary policy decision meeting- 0430 GMT. PRAGUE- Czech National Bank holds Monetary Policy Meeting.

  • *Turkey's top diplomat, EU affairs minister in Brussels. BRUSSELS, July 25- The European Union on Tuesday delivered its most public criticism yet of Turkey's security crackdown since last year's failed coup, saying there could be no progress on Ankara's bid to join the bloc without an end to human rights abuses. "Human rights, the rule of law, democracy, fundamental...

  • ISTANBUL, July 25- Turkey's clothing sector, a main driver of its foreign sales, may miss this year's export target if a row with Germany is not resolved, a leading manufacturer said on Tuesday. Despite signs of a sales turnaround to other countries, some German buyers have cancelled trips to Turkey after a rise in political tension between the NATO allies, Seref...

  • Oil erased early losses after leading OPEC producer Saudi Arabia pledged to cut its exports to help speed up the the market rebalancing.

  • *OPEC, non- OPEC ministers meeting in Russia on Monday. TOKYO, July 24- Oil prices gained on Monday after a steep fall the session before, buoyed by expectations that a joint OPEC and non- OPEC meeting later in the day may address rising output in Nigeria and Libya, two OPEC members so far exempt from a push to cut production. Ministers from the Organization of the...

  • TOKYO, July 24- Oil prices were little changed on Monday following a steep fall in the previous session amid growing expectations that the joint OPEC and non- OPEC ministerial meeting later in the day would address rising production from Nigeria and Libya, two OPEC members exempted from the cuts. Six OPEC and non- OPEC ministers will meet on Monday in St Petersburg...

  • U.S. Secretary of State Rex Tillerson (R) meets with Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani at the State Department in Washington, U.S., June 27, 2017.

    Rex Tillerson approved of Qatar's efforts to implement an agreement aimed at combating terror financing.

  • BERLIN— Germany's government is signaling to Turkey that its patience is running out and it can hit back against escalating provocations, but has sought to stop well short of burning its bridges with its NATO ally. More than a year of strains in the countries' relationship came to a head this week with Turkey's jailing of a German human rights activist, Peter...

  • BERLIN— The Latest on Germany's tougher stance on Turkey following the jailing of a human rights activist:. Germany's Economy Ministry says it's putting all applications for the export of defense equipment to Turkey under examination. Turkey's president has accused Germany's government of trying to scare off investments to Turkey with lies, after Germany...

  • Wolfgang Schaeuble, Germany's finance minister

    Finance Minister Wolfgang Schaeuble was quoted on Friday as comparing Turkey with the former communist East German state.

  • ANKARA, Turkey— Turkey's president accused Germany of trying to scare off investors from his country after Berlin toughened its stance toward Ankara following the arrest of human rights activists including a German national. A day after the German government told German citizens traveling to Turkey to exercise caution and threatened to withhold backing...

  • Seismic chart

    A powerful earthquake of magnitude 6.7 struck off the southwestern Aegean Turkish coast on Friday, the U.S. Geological Survey (USGS) said.

  • BERLIN, July 20- Germany is putting arms projects with Turkey on hold as tensions between the NATO allies escalate, mass-selling daily Bild reported, citing government sources. As a fellow NATO member, the supply of arms to Turkey has previously been largely unproblematic for Germany. Germany told its citizens on Thursday to exercise caution if traveling to...

  • ISTANBUL— The Latest on relations between Turkey and Germany:. Turkey's foreign minister has accused Germany of engaging in "blackmail and threats" against Turkey and says Ankara would reciprocate those threats. The Turkish minister accused German counterpart Sigmar Gabriel of making "ill-tempered statements" against Turkey after the country rejected an...

  • NICOSIA, Cyprus— Turkey's prime minister on Thursday appeared to shut the door on reviving efforts to reunify ethnically divided Cyprus anytime soon after high-level talks earlier this month failed to produce a hoped-for breakthrough deal. "It is clear that there is no point to continue negotiations from where they stopped," Yildirim said during...

  • CAPE TOWN- South African Reserve Bank starts its three-day monetary policy committee meeting. JAKARTA- Indonesia Central Bank board of governors' meeting. JOHANNESBURG- South African Finance Minister Malusi Gigaba makes an address at the American Chamber of Commerce in South Africa's networking breakfast on "Working towards financial recovery in South...

  • Martin Shkreli arrives to federal court in Brooklyn on June 27th, 2017.

    Jury selections today have moved beyond seeking the unbiased to favoring the uninformed, N.Y. Times reports.

  • The move feeds opposition fears President Tayyip Erdogan is subverting the republic's secular foundations.

  • Istanbul, July 15 2017: People chant slogans and wave flags at the first anniversary of the July 15, 2016 failed coup attempt.

    One year after a military coup attempted to oust him, Turkish President Recep Tayyip Erdogan's position appears iron-clad.

  • Turkey isn't necessarily choosing the East over the West as it makes its decision over capital punishment, says Reva Goujon of Stratfor.