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  • ISTANBUL, Feb 5- Standing amid a jumble of food stalls in an Istanbul market, 61- year-old Gulsen Yuce wonders how she can stretch an already tight budget to make ends meet as food prices rise week after week. Global food prices have fallen to their lowest in nearly seven years, but Turkey has consistently struggled with food costs overshooting headline inflation-...

  • *Ankara aims for $30 bln in trade with Iran by 2023. ISTANBUL, Feb 2- The lifting of sanctions against Iran may be a mixed blessing for Turkey, opening up access to a fast-growing, lucrative market, but one that could someday rival Ankara as both an investment destination and exporter. NATO- member Turkey remains the region's economic powerhouse, with output of nearly...

  • MOSCOW— Russia's long-haul trucks are no longer allowed into Turkey, a Russian trucking union and lobby group said on Monday. The Association of International Truckers said in a statement on its website that Turkey refused to renew an agreement allowing Russian truckers to bring goods into Turkey. While Turkey initially benefited from a slight uptick in...

  • *Erdogan to visit Chile, Ecuador, Peru. ANKARA, Jan 29- President Tayyip Erdogan heads to Latin America on Sunday with the aim of boosting trade ties as Turkey seeks to diversify away from its traditional export markets in the troubled economies of Europe and the Middle East. Turkey has been slowly strengthening its relationship with Latin America since the late...

  • *Plan to take IS-held areas marks challenge to Turkey. But it could lead to confrontation with Turkey, which is fighting against its own Kurdish insurgents and sees the Syrian Kurds as an enemy. But Turkey says it will not allow the Syrian Kurds to move west of the Euphrates.

  • Iran: European airlines set to resume flights to Tehran Thursday, 28 Jan 2016 | 2:08 AM ET

    TEHRAN, Iran— Several European airlines aim to resume their flights to Iran following a landmark nuclear deal between Tehran and world powers, the state-owned IRAN daily reported on Thursday. BA also has not announced any firm plans to return to Iran, though Willie Walsh, the chief executive of its parent International Airlines Group, reportedly told a recent...

  • HONG KONG, Jan 27- In the lead up to General Electric Co's appliance unit auction, Haier Group did something Chinese bidders have rarely dared to do in a competitive global M&A deal. While informal discussions centered around a bid of $4.2 billion, people familiar with the matter told Reuters, Haier submitted a knock-out $5.4 billion binding offer, moving...

  • China's tilt toward Iran risks infuriating Saudis Monday, 25 Jan 2016 | 2:05 AM ET
    TEHRAN, IRAN - JANUARY 23: Chinese President Xi Jinping (C) meets with Supreme Leader of Iran Sayyed Ali Khamenei (R) in Tehran, Iran on January 23, 2016.

    China is deepening engagements with Iran after western sanctions against the country were lifted but the closer ties risk infuriating Saudi.

  • DIARY- Emerging Markets Economic Events to Feb 2 Thursday, 21 Jan 2016 | 7:02 PM ET

    MONDAY, JANUARY 25 ACCRA- Bank of Ghana announces rate decision- 1100 GMT. TUESDAY, JANUARY 26 JERUSALEM- The Government Companies Authority, which is a part of the Finance Ministry to hold its annual conference on the preformance of state-owned companies and to outline plans to privatise others. ANKARA- Central bank of Turkey will publish the minutes of its...

  • ISTANBUL, Jan 21- Mustafa Koc, chairman of Turkey's biggest conglomerate Koc Holding and one of the country's best-known corporate figures, has suffered a heart attack and is being treated in hospital, a hospital official told Reuters on Thursday. Koc Holding, a conglomerate with businesses ranging from energy to automobiles, accounts for close to 10 percent of...

  • The sudden return of risk appetite came despite news China's economy grew at its weakest pace in a quarter of a century last year, though it bolstered hopes of more stimulus from Beijing as well as there being relief the data was not worse. The surge in shares was led by a 3-3.25 percent rise in Chinese bourses, 3-4 percent jumps in Russia and even bigger 3.5 and 5...

  • BRUSSELS, Jan 18- Europe is torn between upholding its values and pursuing its interests in the multiple crises over refugees, challenges to the rule of law, relations with Russia and Turkey, and Britain's membership that are shaking the European Union. To critics including human rights campaigners, Europe is too willing to betray its principles.

  • Don't panic, buy THIS, says Templeton's Hasenstab Sunday, 17 Jan 2016 | 10:00 PM ET
    Men look an electronic board showing stock information at a brokerage house in Beijing, China, January 5, 2016.

    Markets are pricing in an economic collapse in emerging markets and that's a buying opportunity, Templeton Global Macro's CIO Michael Hasenstab told CNBC.

  • *Iran and U.S. carry out prisoner swap. *Israel says Iran still wants nuclear bomb. WASHINGTON/ ANKARA, Jan 17- Three Iranian-Americans left Tehran for a U.S. base in Germany on Sunday under a prisoner swap following the lifting of most international sanctions on Iran under a deal that President Barack Obama said had cut off Tehran's path to a nuclear bomb.

  • *Rouhani says move is economic turning point for Iran. *Israel says Iran still wants nuclear bomb. WASHINGTON/ ANKARA, Jan 17- Three Iranian-Americans left Tehran on Sunday under a prisoner swap following the lifting of most international sanctions on Iran under a deal President Barack Obama said had cut off every path for Tehran to obtain a nuclear bomb.

  • *Rouhani says move is economic turning point for Iran. *Israel says Iran still wants nuclear bomb. DUBAI/ WASHINGTON, Jan 17- Three Iranian-Americans left Tehran on Sunday under a prisoner swap following the lifting of sanctions on Iran that is likely to thaw ties further with the United States as Tehran emerges from years of international isolation.

  • *Confrontation tactics rile Brussels and Germany. ROME, Jan 15- Italians used to be the leading EU cheerleader, seeing Brussels as a refuge from the dysfunctions of their state. "I think that the Italian Prime Minister... is wrong to criticise the Commission from every street corner," Commission President Jean-Claude Juncker said in Brussels on Friday, suggesting "...

  • CNBC update: Turkey attacks Isis Thursday, 14 Jan 2016 | 1:31 PM ET
    CNBC update: Turkey attacks Isis

    Turkey attacks Isis in retaliation for Istanbul bombing, Maine considers impeaching governor, "The Revenant" lands 12 Oscar nominations.

  • *New blow on top of damage from Russia- Turkey row. The attack in Istanbul's cultural and touristic heart, carried out by what the authorities say was a member of Islamic State who entered the country as a Syrian refugee, marked a shift in tactics by the radical Sunni group in Turkey. Coming after anti-government protests and small-scale attacks by leftist...

  • BENGALURU, Jan 14- Economic growth is losing momentum across emerging and developed economies as is inflation, with trouble in China now the biggest worry for 2016, according to the overwhelming majority of hundreds of economists polled by Reuters around the world. Elwin de Groot, senior market economist at Rabobank, warned that the world could no longer rely...