What’s at stake in Turkey’s upcoming elections?
(Reuters) – President Tayyip Erdogan faces the biggest test of his 20-year rule in May elections that will decide not only who leads Turkey but how it is governed, where its economy…
Investors punish UBS after Credit Suisse rescue, shares plummet
By John Revill Amanda Cooper LONDON/ZURICH (Reuters) -Shares in UBS plunged on Monday, heading for their biggest one-day fall since 2008 after its weekend rescue of ailing rival Credit Suisse ignited concerns…
Syria’s Assad arrives in UAE in official visit
DUBAI (Reuters) – Syrian President Bashar al Assad arrived in the United Arab Emirates (UAE) on Sunday for an official visit, accompanied by his wife Asma al Assad, at a time when…
California flooded with rain, Northeast buried under snow
By Sandra Stojanovic SAN CLEMENTE, Calif. (Reuters) -An atmospheric river dumped more torrential rain on California on Wednesday, forcing evacuations, power outages and road closures, while the remnants of a powerful Nor’easter…
Analysis: Door slams on Japan bank rally as focus turns to bond holdings in wake of SVB
By Tom Westbrook SINGAPORE (Reuters) – Tokyo banking stocks stood within sight of decade highs last week, testing the top of a range that has bound them since the 2008 global financial…
SIMON HANKINSON: No More US Diplomats Who Hate The US
SIMON HANKINSON: No More US Diplomats Who Hate The US Simon Hankinson on March 12, 2023 It would be illogical to put a Quaker, whose religion forbids violence, in charge of recruitment…
Polls show Erdogan lags opposition by more than 10 points ahead of May vote
By Jonathan Spicer and Ece Toksabay ANKARA (Reuters) – New polls show the Turkish opposition’s presidential candidate, Kemal Kilicdaroglu, leading against President Tayyip Erdogan by more than 10 percentage points ahead of…
Turkey’s current account deficit widens to record level in January
ISTANBUL (Reuters) – Turkey’s current account deficit widened to $9.85 billion in January, data from the central bank showed on Monday, the highest level in four decades of available data, driven by…
Israel hits areas in Syria’s Hama and Tartous countryside – Syrian state media
By Suleiman Al-Khalidi AMMAN (Reuters) -Israel launched several rocket strikes on areas in Syria’s Hama province and the coastal Tartous countryside on Sunday, Syrian state media reported. Rockets flew from across northern…
Marketmind: Bond blows batter banks as SVB cracks
A look at the day ahead in U.S. and global markets from Mike Dolan If you were looking for signs of stress from the brutal hit to bond markets over the past…
Fukushima water release stokes fresh fears for fisherman
By Elaine Lies SHINCHIMACHI, Japan (Reuters) – A chilly dawn paints the sky magenta and purple as Japanese fisherman Haruo Ono unloads his catch of flounder, crab and sea bass from his…
Mango’s sales hit record as Zara’s rival expands in US, India
By Corina Pons BARCELONA (Reuters) – Spanish fashion retailer Mango’s sales hit a record 2.68 billion euros ($2.8 billion) last year, exceeding pre-pandemic levels by 13% as shoppers kept spending on clothing…
Rice into low-carbon plastic: bringing hope to a struggling Fukushima town
By Elaine Lies NAMIE, Japan (Reuters) – Jinichi Abe grins as he watches diggers working earth near his rice fields, knowing they are returning still more fields to productivity after Fukushima nuclear…
Turkish lira falls to record low near 19 to the dollar
ANKARA (Reuters) – Turkey’s lira weakened to a fresh record low of 18.9620 against the dollar on Thursday, as investors weigh the economic impact of massive earthquakes that hit the country last…
Turkey’s current account deficit at $10 billion in January; $43.5 billion in 2023 – Reuters Poll
ISTANBUL (Reuters) – Turkey is expected to record a current account deficit of $10 billion in January on back of gold imports, a Reuters poll showed on Wednesday, while the deficit was…
Turkish factory activity returns to expansion in January
ANKARA (Reuters) – Turkey’s industrial production index is expected to have expanded 2.45% year-on-year in January, a Reuters poll showed on Tuesday, returning to growth after two months of contraction. Industrial activity…
Turkey’s opposition leader looks to emerge from Erdogan’s shadow
By Daren Butler and Humeyra Pamuk ISTANBUL (Reuters) -Stuck in Tayyip Erdogan’s shadow throughout his career, Turkish opposition leader Kemal Kilicdaroglu believes his time may have come after suffering repeated election defeats…
GOP Chairman seeks to decertify Toms River GOP club at county convention
TOMS RIVER, NJ – Ocean County GOP Chairman George Gilmore is purging the Republican party of anyone who opposed his return to power after a federal tax conviction. Gilmore has already worked…
Turkey’s opposition bloc renews commitment to principles after split
ISTANBUL (Reuters) -The five remaining leaders of Turkey’s opposition alliance renewed their commitment to its original principles on Saturday after one of the group’s main members quit in disagreement over the candidate…
Before fatal collapse, Turkish building had skirted code thanks to Erdogan policy
By David Gauthier-Villars and Natalie Thomas MALATYA, Turkey (Reuters) – The Trend Garden Residence, an upscale serviced apartment building in the Turkish city of Malatya, boasted a gym, freshly-furnished rooms and a…
Marketmind: Inflation ‘blip’ or brave new world?
A look at the day ahead in U.S. and global markets from Mike Dolan There was a sense of hesitation in world markets on Friday about whether dramatic re-pricing of U.S. and…
Major central banks return to inflation fight in February
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – Major central banks resumed their quest to ramp up interest rates in February after a tepid start to the year with price pressures…
Take Five: Strap in for no landing
(Reuters) -A raft of U.S. data and European inflation numbers will give guidance on how the world’s top central banks will navigate the way ahead – including whether we’re heading for that…
Turkish economic confidence down slightly in February
ISTANBUL (Reuters) – Turkey’s economic confidence index fell 0.3% month-on-month in February to 99.1 points, following massive earthquakes that devastated the country’s southern region, data from the Turkish Statistical Institute showed on…
New Zealand launches global fundraiser for post-cyclone reconstruction
By Lewis Jackson SYDNEY (Reuters) – New Zealand will launch an international fundraising appeal for the massive reconstruction work needed after Cyclone Gabrielle tore across the country’s north earlier this month, forcing…
Breaking News
