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Turkey warns companies against Cyprus gas search

Posted by admin on May 19, 2012 in Latest Turkey News

By SUZAN FRASER ANKARA, Turkey Turkey on Friday called on major international oil and gas companies seeking licenses to search for gas deposits off Cyprus to withdraw their bids, saying it will not allow exploration to go ahead and threatening to ban them from Turkish energy projects. Companies such as Russia’s Novatec, Italy’s ENI, France’s [...]

 
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Turkey Moves to Revive Its EU Bid

Posted by admin on May 17, 2012 in Latest Turkey News

By JOE PARKINSON ISTANBUL—Turkey is seeking to revive its stalled bid to join the European Union, at a time of mounting fears its neighbor and longtime rival, Greece, could become the first country forced to exit the euro zone. Ankara has in recent days signaled that the departure of French President Nicolas Sarkozy, a leading [...]

 
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Turkey – Factors to Watch on May 15

Posted by admin on May 15, 2012 in Latest Turkey News

ISTANBUL | Tue May 15, 2012 1:26am EDT ISTANBUL May 15 (Reuters) – Here are news, reports and events that may affect Turkish financial markets on Tuesday. The lira was at 1.8086 against the dollar at 0618 GMT, little changed from 1.8082 late on Monday, after hitting its lowest since April 11 at 1.8120. The [...]

 
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Turkish journalists detained in Syria released

Posted by admin on May 13, 2012 in Latest Turkey News

Istanbul (CNN) — Two Turkish journalists were released from a Syrian jail and flew Saturday to Istanbul via Tehran, as part of what appears to be a prisoner swap between Turkey and Iran through intermediaries in Syria. Iran’s foreign minister called his Turkish counterpart, Ahmet Davutoglu, on Saturday morning to inform him of their release, [...]

 
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Turkey Current-Account Gap Narrows as Bank Raises Funding Costs

Posted by admin on May 11, 2012 in Latest Turkey News

Turkey’s current-account deficit narrowed for a fifth month after the central bank tightened monetary policy to curb domestic spending that helped push the gap to a record. The March deficit was $6.1 billion, the same as the median estimate in a Bloomberg survey of eight economists, compared with $9.6 billion in the same month last [...]

 
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Turkey – Factors to Watch on May 9

Posted by admin on May 9, 2012 in Latest Turkey News

ISTANBUL | Wed May 9, 2012 1:37am EDT ISTANBUL May 9 (Reuters) – Here are news, reports and events that may affect Turkish financial markets on Wednesday. The lira stood at 1.7816 against the dollar at 0530 GMT, compared with a level of 1.7810 late on Tuesday. The yield on the benchmark bond maturing on [...]

 
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Turkish Leader Visits Syrian Refugees

Posted by admin on May 7, 2012 in Latest Turkey News

Associated Press ANKARA, Turkey—Treated to a hero’s welcome, Turkey’s prime minister met Syrian refugees Sunday for the first time since his country opened its doors to tens of thousands of Syrians fleeing their government’s crackdown on a popular uprising. Syria in the Spotlight Take a look back over the highlights of the past year in [...]

 
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Turkey court gives Ferguson time to settle -media

Posted by admin on May 5, 2012 in Latest Turkey News

ISTANBUL | Fri May 4, 2012 5:42pm EDT ISTANBUL (Reuters) – A Turkish court trying British duchess Sarah Ferguson for secretly filming the treatment of mentally handicapped children adjourned after opening on Friday to give time for an out-of-court settlement, Turkish media said. Ferguson, who holds the title Duchess of York as the ex-wife of [...]

 
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Turkey arts under pressure from conservative gov’t

Posted by admin on May 3, 2012 in Latest Turkey News

By SELCAN HACAOGLU, Associated Press – 6 hours ago  ANKARA, Turkey (AP) — In a recent play in Turkey, two actors wore trench coats in their role as assassins posing as perverts planning to flash girls near a school. The scene and its themes of nudity and sexual depravity are at the center of a [...]

 
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Turkey approves gas exploration in Cypriot waters

Posted by admin on May 1, 2012 in Latest Turkey News

Mon Apr 30, 2012 2:28pm EDT * Move set to fuel existing row over energy reserves * One area in contested region near Greek territory * Turkey began exploration in north Cyprus last week By Jonathon Burch ANKARA, April 30 (Reuters) – Turkey’s cabinet has given approval for Turkey’s state-run oil firm to carry out [...]

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