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Turkey's financial markets face a new bout of volatility and the country's risk premium may rise after the government suspended talks with the IMF on a new deal for 10 days, analysts said on Wednesday.Turkey has been locked in negotiations with the IMF ov...
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Turkey's economy slowed to a near halt in the third quarter, raising the risk of a recession as the government gets ready for fresh loan talks with the International Monetary Fund.Turkish gross domestic product expanded by 0.5% in the third quarter from t...
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Government pledges to stimulate the economy and the prospect of IMF aid help lift the beleaguered lira.The Turkish lira was one of many emerging-market currencies to suffer from the financial meltdown, falling more than a third against the dollar between ...
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There was a time when foreign investors couldn't leave Turkey fast enough. It was back in 2001 when the entire economy crumbled.Stock prices slumped, inflation and interest rates soared, and it seemed the only thing the Lira was good for was wrapping ...
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When King Abdullah bin Abdul Aziz visited Turkey in August last year, it was 40 years since a Saudi monarch had last visited. When the 83-year-old monarch arrived in Ankara on Saturday with an entourage of 11 planes for his second visit in a year, it was ...
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Eight Turkish troops taken hostage by Kurdish rebels after a deadly ambush have been charged with neglecting their duty during the clash, a defense attorney said Sunday.
The Oct. 21 ambush, which killed 12 other soldiers, had increased pressure on Turkey...
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The government of Turkey will change a law criticized by the European Union for curbing free speech and soon bring the proposal to Parliament for a vote, the justice minister said Tuesday, according to television news reports.
Hours earlier, the EU said ...
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The European Union will urge Turkey on Tuesday to press ahead with reforms crucial for its bid to join the bloc, singling out freedom of expression, democratic oversight of the military and rights for Kurds as key areas where more progress is needed.
In ...
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President Bush pledged to increase U.S. intelligence sharing and security cooperation with Turkey to confront terrorists from the Kurdistan Workers Party (PKK), following a recent deadly series of PKK cross-border attacks from northern Iraq."The PKK...
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In an obviously pre-arranged scenario, the eight men were marched down from the remote border mountains where they had been held by the PKK, to a meeting point where a reception delegation was waiting for them.There, they were formally signed over into th...
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The presence of pro-Kurdish parliamentarians at the release by Kurdish rebels of eight Turkish soldiers proves their party has links to the militants, Turkey's Deputy Prime Minister Cemil Cicek said on Monday.NTV television said an Ankara prosecutor h...
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Kurdish rebels released eight Turkish soldiers today in a secret dawn handover on the eve of talks in Washington between the Turkish Prime Minister and President Bush.The troops, seized following clashes two weeks ago in which another 12 Turkish serviceme...
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Iraq said on Saturday it was ready to hunt down and arrest Kurdish guerrilla leaders responsible for cross-border raids into Turkey in an effort to avert a major incursion by the Turkish military.Major powers and countries in the region, meeting in Istanb...
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Turkey and the US struggled on Friday to develop a common approach to dealing with Kurdish rebels at the start of four days of intensive diplomacy aimed at dissuading Ankara from sending its army into Iraq.Condoleezza Rice, US secretary of state, said pat...
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Secretary of State Condoleezza Rice assured Turkish officials Friday that Kurdish rebels based in northern Iraq were a "common threat" and that the United States would help Ankara in its fight against them.Secretary of State Condoleezza Rice mee...
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Condoleezza Rice today promised that the United States would intensify action against Kurdish rebels whom she labelled a common enemy of Turkey and the US.The US Secretary of State, in Ankara to discuss the growing border crisis between the Turkish Govern...
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The retired general who served as George Bush's special envoy to deal with the Kurdistan Workers' party (PKK) today said the US has failed to keep its promises to Turkey to confront the Kurdish groupRetired air force General Joseph Ralston decline...
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The Turkish government has agreed to impose economic sanctions against groups supporting the outlawed Kurdistan Workers Party or PKK. One target could be Masoud Barzani's autonomous Kurdish administration in northern Iraq, which has infuriated Ankara ...
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The U.S. acknowledged Wednesday it has undertaken military moves against Kurdish rebels in Iraq after asserting for weeks that their strikes in Turkey were a diplomatic matter.Pentagon officials are now starting to say publicly that the U.S. is flying man...
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U.S. President George W. Bush and Turkish Prime Minister Tayyip Erdogan will discuss ways to counter Kurdish rebels in northern Iraq when they meet in Washington next week, the White House said on Tuesday.Turkish officials had already gone public with Mon...