Brent crude, the global benchmark, fell about 50 per cent last year and dropped 2.1 per cent on Friday to $52.21 a barrel on the London-based ICE Futures Europe exchange. Oil companies in the U.S. have made an unprecedented cutback in drilling after prices slumped to a six-year...
China’s Shenzhen stock exchange has “suspended” a trading account used by a unit of Citadel, the US-based hedge fund said Monday, after authorities restricted several accounts in the wake of a market rout. The suspended account was trading the firm’s own...
Mr. Gkoutzinis added that for investor confidence in the Greek market to be rekindled, the risk of Greece exiting the eurozone, and the risk of Greece defaulting on its financial liabilities would need to be off the table “once and for all”.
A United States Navy plane approaches to land at the Incirlik Air Base, in Adana, in the outskirts of the city of Adana, southeastern Turkey, Tuesday, July 28, 2015. The Americans have long coveted the use of the Incirlik air base whose vast size and key strategic location makes...
Bahçeli earlier suggested that the MHP form a coalition with the AK Party if it agrees to prevent President Recep Tayyip Erdoğan meddling in government affairs in line with constitutional limits, end the initiative to resolve the Kurdish issue through talks with the imprisoned...
The worry is that Turkey’s growing involvement in the Syria war could suck the United States and the Europeans into a wider regional quagmire and that Ankara’s real targets are the Kurds. Cavusoglu said, adding that the Turkish government was still in favor of finding...
The potential sabotage explosion on the Turkey-Iran gas pipeline about 15km inside the Turkish border, however, did not result in casualties. There was no immediate claim of responsibility for the blast, but Turkish media pointed the finger at the outlawed Kurdistan...
However, it contains a “snap back” mechanism that will reverse the lifting of sanctions if Tehran breaches the deal it signed last week with the P5+1 group of countries – China, France, Russia, the UK, the US and Germany.
“Having another axis and broader cooperation from Turkey benefits the coalition fight against ISIL”, the official said, using an acronym for the Islamic State.
The agreement is expected to face its biggest challenge in the U.S. Congress, for which a 60-day period began Monday to review it before voting on whether or not to endorse it.
The UN Security Council on Monday adopted a resolution endorsing a deal that placed long-term curbs on Iran’s nuclear program and starts a process to remove UN sanctions against the country.