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  • *Russia has not curbed grain exports to Turkey. Russia, one of the world's largest wheat exporters, and Turkey, one of the biggest buyers of Russian wheat, have been locked in a dispute since Turkey shot down a Russian warplane near the Syrian-Turkish border in late November. For several weeks after that, Russian and Turkish traders held back from signing new...

  • GRAPHIC-Torrid 2015 for emerging markets Thursday, 24 Dec 2015 | 9:05 AM ET

    LONDON, Dec 24- It was a torrid 2015 for emerging markets, with a mix of weak global growth, a slump in commodity prices and a strong dollar making it the worst year for some of the big countries since the height of financial crisis. Despite a mini-rebound over the last week, MSCI's benchmark emerging market equities index, which covers 23 of the main developing...

  • ANKARA, Dec 24- Deputy Turkish Prime Minister Mehmet Simsek said he expected faster economic growth this year than official forecasts, and an even stronger expansion next year, and he played down tensions with Moscow over Ankara's downing of a Russian jet. "This growth is a rather good outcome given the serious political instability due to elections, troubles in...

  • LONDON, Dec 23- Emerging market stocks saw their sixth rise in seven days on Wednesday as investors looked for some last minute bargains in an area that has lost almost 17 percent this year. MSCI's closely-followed 23- country index topped the 800 point level as it rose 0.8 percent, but the day's big focus was on Brazil, one of the heavyweights that has been hardest...

  • MOSCOW, Dec 17- Russian President Vladimir Putin said on Thursday he was not sure that the flow of Russian gas to Europe via Ukraine should end when a Gazprom transit contract runs out at the end of the decade. In the past, rows between Moscow and Kiev have disrupted gas flows via Ukraine to Europe prompting a search for an alternative route. But this project has been...

  • Did Putin just endorse Donald Trump? Thursday, 17 Dec 2015 | 7:03 AM ET
    Vladimir Putin and Donald Trump

    Russian President Vladimir Putin has given a glowing review of Donald Trump.

  • ROME, Dec 14- Turkey's foreign minister said Ankara's patience with Russia "has a limit" after Moscow's "exaggerated" reaction to a weekend naval incident between the two countries, an Italian newspaper reported on Monday. "Russia and Turkey certainly have to re-establish the relations of trust that we have always had, but our patience has a limit," Cavusoglu said.

  • Start of a rocket from a warship board on Northern navy in Murmansk, Russia.

    Russia's Defense Ministry said one of its warships had been forced to fire warning shots at a Turkish vessel in the Aegean Sea to avoid a collision.

  • Heathrow indecision highlights Europe's airport crunch Friday, 11 Dec 2015 | 10:55 AM ET

    *Europe airports to face capacity crunch by 2035. BERLIN, Dec 11- Moves by Britain to delay, once again, a decision on where to build a new airport runway to serve the London area highlights Europe's difficulties in keeping up with emerging countries when it comes to creating vital airport capacity. By 2035, airports across Europe will be unable to accommodate some...

  • Turkey fines Twitter over “terrorist propaganda” Friday, 11 Dec 2015 | 9:51 AM ET
    Twitter

    Fine was in relation to Twitter's delayed response in taking down photos of a prosecutor at gunpoint during a hostage incident, says an expert.

  • DUBAI, Dec 9- U.S. presidential candidate Donald Trump's anti-Muslim comments cost him business in the Middle East on Wednesday, with a major chain of department stores halting sales of his glitzy " Trump Home" line of lamps, mirrors and jewellery boxes. Trump Home products, like a "table lamp in antique brass with crystal drops" and a decorative box with a "brilliant...

  • Russia spat may ease Turkish inflation: Researcher Wednesday, 9 Dec 2015 | 1:30 AM ET
    Russia spat may ease Turkish inflation: Researcher

    Michael Harris, global head of research and Turkish product at Renaissance Capital, discusses the impact that Russian sanctions will have on the Turkish economy.

  • Arab billionaire says he regrets supporting Trump Tuesday, 8 Dec 2015 | 11:59 AM ET
    Khalaf Al Habtoor

    "When he was talking about Muslims, attacking them ... I had to admit I made a mistake in my supporting Mr. Trump." NBC News reports.

  • Downed jet dispute with Russia may cost Turkey $9B Monday, 7 Dec 2015 | 8:37 AM ET
    Turkish President Recep Tayyip Erdogan delivers a speech in Ankara, Turkey on December 3, 2015.

    Tensions with Moscow are expected to shave 0.4 percent off of annual gross domestic product (GDP), costing $9 billion in a worst case scenario.

  • MOSCOW, Dec 3- Gas pipes worth 1.8 billion euros are to be left stranded on the shores of the Black Sea after Russia's decision to suspend work on the Turkish Stream pipeline, a potent symbol of Moscow's falling out with Ankara. Russia has set out to punish Turkey after it shot down a Russian warplane in Syria last week, imposing trade sanctions and releasing data it...

  • *Kremlin furious with Turkey over jet shoot down. *Turkey seeks new sources of grain, gas. MOSCOW, Dec 2- Turkey's worsening dispute with Russia over the downing of a Russian warplane is prompting Ankara to prepare to source vital food and energy imports elsewhere, underscoring the dispute's potential to up-end lucrative trade ties.

  • MOSCOW/ ISTANBUL, Dec 2- Turkey wants to cut its reliance on Russian gas used in cars and households, prompted by a growing chill in ties between Ankara and Moscow after the downing of a Russian jet. LPG exporters were likely to benefit by making up the shortfall to Turkey, as would producers in Algeria and Nigeria, traders said. Russia imposed sanctions on some...

  • MOSCOW/ KIEV, Dec 2- Turkey is looking for alternatives to Russian grain after the dispute between Moscow and Ankara over the shooting down of a Russian warplane placed a question mark over future deliveries and put new deals on hold, traders and analysts said. Russia has not so far interfered with grain exports to Turkey, the largest buyer of Russian wheat, and...

  • LONDON, Dec 2- The lira rose 0.5 percent against the dollar on Wednesday and stocks rallied to 10- day highs, buoyed by a sharp contraction in Turkey's trade deficit, though most other emerging assets were broadly weaker. MSCI's main emerging equity index pulled back a touch after rising 1 percent on Tuesday after the weak U.S. numbers reinforced belief in a...

  • NEW YORK, Dec 1- U.S. Yields maturing between two and 30 years initially fell to session lows after the Institute for Supply Management's gauge on U.S. services industries came in at its weakest since June 2009. "The Treasury market has pretty surprisingly traded better on weaker-than-expected ISM," said Justin Lederer, Treasury strategist at Cantor Fitzgerald...