Make Homepage
Sitemap News
Sitemap Other News
Advertise
Partners

Last Update: 0:40 (Ankara)

  Subscribe to the Newsletter
 
 
HOMEPAGE NEWS SECURITY COLUMNISTS OP-ED ARTICLES BOOK REVIEWS ABOUT US

Saturday, 21 November 2009
Turkey Europe Middle East Caucasus Central Asia Russia Americas Asia Africa World Economy Energy
News from Financial Times: Middle East

Egypt presses Hamas on border monitors
Cairo is arguing for a border monitoring, system, which could include Turkish troops, to end weapons smuggling into Gaza, in an effort to stop the Israeli offensive

Obama pledges early focus on Middle East
President-elect Barack Obama promised to focus on Middle East peace from the start of his administration and to treat Iran with 'respect' as he set out his foreign policy thinking in greater detail than before

Probe widened on US banking violation
A US investigation into potential violations of sanctions against Iran has expanded to involve nine European banks

Medvedev takes apparent swipe at Putin
The Russian president took another apparent swipe at Mr Putin, the prime minister, criticising his government for moving too slowly on the country's economic crisis

Probe into Dubai $100m fraud allegations
Police are investigating fraud allegations against the chairman of one of Dubai's largest private real estate companies as dozens of aggrieved investors claim he defrauded them of more than $100m

Citi nears deal on brokerage
Citigroup is to reap a much-needed capital gain of up to $6bn, as well as a cash payment of $2.7bn if it clinches a deal to spin off its brokerage unit into a joint venture controlled by Morgan Stanley

Half of Madoff loss borne by foreigners
Roughly half the estimated losses from Bernard Madoff's alleged $50bn "Ponzi" are being borne by non-US investors, underscoring the global scope of the carnage

Gazprom says Ukraine signs gas monitoring deal
Ukraine has signed a fresh copy of a gas transit monitoring agreement and removed earlier conditions, Gazprom, Russia's state-owned gas giant, said in a statement

Satyam shares rally on new leadership
The Indian government has appointed a new board to run Satyam while police have widened their investigation to include other Raju family-controlled companies. Satyam shares were up 54 per cent at Rs36.55 after trading as much as 68 per cent higher

China sees 'success' in offsetting crisis
Wen Jiabao declared China's efforts to offset the effect of the global economic slowdown an 'initial success' as the economy performed 'better than expected' last month

Lloyds in $350m US settlement
Lloyds TSB, the UK bank, will pay $350m to settle US investigations after admitting that it helped Iranian and Sudanese clients access the US banking system in violation of US sanctions, prosecutors said

Blair reappears on shortlist to head EU
The former PM is re-emerging as a possible choice for first full-time EU president as crises reinforce the argument for having a high-profile personality in the job

Rubin quits as Citi looks to sell brokerage
Robert Rubin said he would leave Citigroup after a controversial decade on its board as it emerged that the company was in talks to cede control of its Smith Barney brokerage unit to Morgan Stanley in return for about $2.5bn in cash

Madoff to remain free on bail
Bernard Madoff will remain free on bail, a federal magistrate judge ruled, as he denied prosecutors' request to jail him after he mailed more than $1m of jewelry to family and friends

"Some of my rhetoric has been a mistake"
George W. Bush bows out as US president in a final press conference. Regrets? There are a few.

Air France-KLM buys 25% of Alitalia
After saying Italy's state-controlled Alitalia needed an exorcist, Air France-KLM has bought a 25 per cent stake from the airline's new private owners for €322m ($431m)

Israel's PR fails to impress away from home
When a power goes to war against a weaker enemy, it can lose the public relations battle, says Roula Khalaf

Bush to press Congress on Tarp funds
George W. Bush agreed to ask Congress to release the remaining $350bn of a US financial rescue package, meeting a request from Barack Obama as the president-elect's team sought to quell opposition to the plan

Russian gas supply set to resume
Russian gas could begin flowing again to Europe as early as Tuesday morning, officials predicted, after Russia and Ukraine moved to contain their dispute

BMW slams state aid for carmakers
Carmaker claims bail-outs "distorted competition" and that it should be offered to more companies

Wipro ban deals blow for Indian IT
World Bank accused outsource group of 'providing improper benefits'

RWE agrees €9.3bn Essent deal
The deal is one of the biggest deals since the global economic downturn, indicating that the market for big mergers remains open in spite of the global economic downturn

Zuma faces renewed corruption charges
South Africa is braced for more political upheaval after a court reinstated corruption charges against Jacob Zuma, leader of the ruling African National Congress

Oil industry lifted by falling costs
Sliding raw material and capital project costs provide breather for companies hit by dropping commodity price

Madoff affair sparks Lagarde attack
European rules on investment funds need an overhaul in the wake of the $50bn alleged fraud by Bernard Madoff to restore investor confidence, the French finance minister urged

Top traders hold key to success in their hands
Researchers have found a strong statistical link between the profitability of male traders at a London bank and the ratio of index to ring fingers on their right hand

Spain hit by public finance warning
The growing dangers for Europe's sharply slowing economies were highlighted as Spain became the third eurozone country to be warned over its finances in three days

Citi deal to incur $5bn tax bill
Citigroup's deal to cede control of its brokerage unit to Morgan Stanley is set to result in a tax payment of about $5bn to the US government, the financial group's largest shareholder, in a sign of the political high stakes behind the transaction

Top Palestinians hope Hamas joins consensus
Senior officials are hoping Hamas would agree to a government of national consensus in an attempt to reconcile fiercely divided factions, once Israel's offensive in Gaza ended

Sony shares fall on talk of losses
Shares in Sony fell by 8 per cent in Tokyo trading following local media reports that it will make a Y100bn operating loss in the year to March 2009

Dubai reveals budget deficit
The financial statement from the Dubai government last week saw the emirate open up its books more than ever before. But the numbers that were revealed have left experts confused

RBS close to selling China bank stake
The government-controlled bank is hoping to raise as much as $2.6bn from the sale its 4.3 per cent stake in Bank of China after the market closes in Hong Kong

Etlsalat wins Iran mobile licence
A consortium led by the UAE's state-controlled telecoms company says it has won a bid for Iran's third mobile license, as the credit crunch fails to deter the Gulf's top operators from expanding

WEF says risk of financial crises has doubled
The risk of serious fiscal crises in developed countries has 'doubled if not tripled', threatening countries such as the US, UK, France, Italy, Spain and Australia, the World Economic Forum said

BBC launches Persian language TV
The BBC World Service is launching a Persian-language television channel this week, dismissing fears from Iranian officials that it could turn into a mouthpiece for critics of the Islamic regime

Bernanke says fiscal actions not enough
Ben Bernanke, the US Federal Reserve chairman, said that more capital injections and guarantees to financial institutions could be needed to ensure economic stability and to rehabilitate the credit markets

Clinton promises hard-headed diplomacy
Hillary Clinton has set out her plans to adopt hard-headed multilateralist diplomacy, in which the US will work closely with Russia and China while seeking to strengthen existing alliances and international institutions

Israeli army moves into Gaza City
Israel is extending its 18-day campaign into built-up areas of Gaza City after sending thousands of reserve soldiers into the Hamas-controlled territory

Citigroup ditches 'universal banking'
Citigroup is to break up its 10-year old "universal banking" business model by separating large parts of its troubled investment bank and US consumer finance businesses from its global commercial banking business in a dramatic attempt to ensure its survival

Saudis cut oil output beyond Opec limit
Riyadh's decision to step outside the group underlines how severely the cartel is struggling to reverse the slide in crude prices, despite the record 2.2m barrels-a-day cut it announced last month

Germany to ban excessive borrowing
Berlin moves to curb borrowing and imposes strict new rules to ensure the extra debt created by its latest €49bn fiscal stimulus package is paid off as soon as possible

Brands jostle to jump on US inaugural wagon
When Barack Obama takes the US presidential oath on January 20, he will draw vast audiences normally associated with American football's biggest event, the Super Bowl. Viewers should prepare for a commercial onslaught

Yahoo names Bartz as chief executive
Yahoo has chosen software veteran Carol Bartz as its new chief executive, an appointment viewed by Wall Street as safe but unspectacular.

India braced for close contest in April poll
The world's largest democracy is expected to hold elections in April. The ruling Congress party fights to hold on to office against a challenge from the Bharatiya Janata party

Rockets from Lebanon hit Israel
Three rockets have been fired into northern Israel from Lebanon , the second such attack since the Jewish state launched its offensive against Gaza amid fears that a second front could open up as Israeli troops push deeper into the Palestinian strip

German GDP contracts sharply
Germany's economy could have contracted by as much as 2 per cent in the final quarter of last year, the country's statistical office warned, fuelling fears that Germany's recession will the worst since the second world war

Davies quits StanChart for government
Mervyn Davies, chairman of Standard Chartered, is leaving the emerging markets bank after 15 years in order to become a trade minister in the British government

Study highlights buy-out groups' reliance on debt
More than half the profits from some of the UK's biggest recent private equity deals were generated by high levels of debt, according to a report compiled by the BVCA

Report sees Dubai population fall
Dubai's recent surging population growth will reverse over the next two years as the troubled, but important, real estate and construction sectors cause the number of immigrants to slow and many expatriates to leave

EU threatens legal action over gas dispute
The European Commission is threatening legal action against Russia and Ukraine if they do not restore gas flows to Europe in a sign of mounting frustration at a crisis that has left thousands without fuel

Skinner set to step down as Rio chairman
The chairman of Rio Tinto is preparing to announce his retirement from the board of the mining group to succeed Peter Sutherland, chairman of BP

Nortel files for bankruptcy protection
The Canadian telecommunications equipment maker has filed for bankruptcy protection a day before $107m in interest payment was due

Summit row exposes Arab divisions
A row over the venue for an Arab summit to discuss Israel's offensive on Gaza is threatening to deepen Arab divisions and to complicate Egyptian efforts to secure a ceasefire

S&P cuts Greece's credit rating
The euro fell sharply against the dollar after S&P cut its rating – the first downgrade of a western European economy since the credit crisis erupted – because of the country's high levels of public and private debt.

China becomes third largest economy
China overtook Germany to become the third largest economy in 2007 after the Chinese authorities revised upwards the figures for growth during that year

Dimon offers bleak financial outlook
Jamie Dimon, JPMorgan Chase's chief executive, predicted the US economy and financial sector would worsen in 2009 as hard-hit consumers default on credit cards and other loans and unemployment continues to rise

Siemens warns of dismal outlook
Leading industrial group warns the credit crisis could lead to order cancellations and price erosion in the second half of the year

Toll passes 1,000 as Gazans seek aid
As Israel's massive military offensive in the Palestinian territory continued into its 19th day, many of its 1.5m people were desperately trying to find food, fuel and shelter

Endgame in Gaza
It is a fantasy Mahmoud Abbas, the Palestinian president whose party was routed at the polls by Hamas and driven out of Gaza, can be restored to power by Israeli tanks

Middle managers show support for Toyota
Middle managers at Toyota Motor have a new plan to revive sales and morale at the flagging car company: between now and March, 2,200 will be exhorted to buy a new vehicle

EU 'time-out' on closer Israeli ties
As Egypt stepped up peace efforts, Europe halted plans to upgrade ties with Israel, in an international backlash against the Gaza assault that has left more than 1,000 Palestinians dead

Jobs takes leave from Apple
Steve Jobs said he was stepping down as Apple chief executive for six months after learning his health problems were more complex than he originally thought

$150bn taken out of hedge funds
Investors pulled close to a net $150bn from hedge funds last month in spite of moves by dozens of funds to halt or suspend redemptions

Madoff remains free on bail
A second federal judge ruled that Bernard Madoff can stay out of jail as he awaits trial, rejecting prosecutors' latest bid to revoke his bail

BofA seen in push for further injection
The US banking sector is being shaken by deepening concerns over Citigroup's financial health and the revelation that Bank of America is counting on a new multibillion-dollar capital injection from the government

Obama: We must change with the world
President Barack Obama signalled a decisive break with the Bush years, vowing a "new era of responsibility" in which he would rebuild the economy and restore America's standing in the world

Banking rout raises new fears on Wall Street
The Obama administration comes under immediate pressure to rescue the battered financial sector as banking stocks plunge across the Atlantic amid deepening fears over banks' capital needs

Ban tells Israel to open Gaza borders
United Nations secretary-general Ban Ki-moon said he was promoting the idea of a third party – perhaps the European Union or Turkey – to police the border crossing

Stringer battles Sony 'old guard'
Sir Howard Stringer, chief executive of Sony electronics group, is facing resistance over plans to restructure the company and cut 16,000 jobs

A two-state solution is the only way
Israel and the Palestinians: After the Gaza onslaught, a two-state solution is further off than ever but, for all its problems, it remains the only route to lasting coexistence

EU urges banks on extra reserves for loans
Finance ministers from the European Union have agreed on fresh efforts to revive the flow of bank credit to levels seen before the crisis

Fiat alliance aims to boost Chrysler aid bid
Chrysler declared its new alliance with Fiat would enhance its long-term viability in an apparent bid by the Detroit carmaker to strengthen its case for billions of extra dollars in US government aid

Warner Brothers Entertainment to cut 800 jobs
Warner Brothers Entertainment, the Hollywood studio behind The Dark Knight, the biggest grossing movie of 2008, is to shed 10 per cent of all employees as the recession starts to bite in Hollywood

French car industry to get up to €6bn state aid
Paris is preparing a €5bn-6bn rescue plan for the country's car industry, which has been hit by plunging demand, the credit crunch and a decline in competitiveness

Singapore recession deeper than expected
Singapore's economy shrank more than expected in the fourth quarter, prompting the government to declare the nation was in its worst ever recession and fanning expectations that the central bank will let its currency weaken

IBM upbeat on 2009 profits forecast
The technology group registered an unexpectedly strong bounce in fourth-quarter earnings from relative strength in the US and continued higher growth in some emerging markets

China calls for closer defence ties
Beijing greeted the inauguration of Barack Obama as US president with an appeal for better bilateral military relations, signalling its hopes of fully restoring military dialogue partly suspended last year over US arms sales to Taiwan

Obama: We must change with the world
President Barack Obama signalled a decisive break with the Bush years, vowing a "new era of responsibility" in which he would rebuild the economy and restore America's standing in the world

Banking rout raises new fears on Wall Street
The Obama administration comes under immediate pressure to rescue the battered financial sector as banking stocks plunge across the Atlantic amid deepening fears over banks' capital needs

Ban tells Israel to open Gaza borders
United Nations secretary-general Ban Ki-moon said he was promoting the idea of a third party – perhaps the European Union or Turkey – to police the border crossing

Stringer battles Sony 'old guard'
Sir Howard Stringer, chief executive of Sony electronics group, is facing resistance over plans to restructure the company and cut 16,000 jobs

A two-state solution is the only way
Israel and the Palestinians: After the Gaza onslaught, a two-state solution is further off than ever but, for all its problems, it remains the only route to lasting coexistence

EU urges banks on extra reserves for loans
Finance ministers from the European Union have agreed on fresh efforts to revive the flow of bank credit to levels seen before the crisis

Fiat alliance aims to boost Chrysler aid bid
Chrysler declared its new alliance with Fiat would enhance its long-term viability in an apparent bid by the Detroit carmaker to strengthen its case for billions of extra dollars in US government aid

Warner Brothers Entertainment to cut 800 jobs
Warner Brothers Entertainment, the Hollywood studio behind The Dark Knight, the biggest grossing movie of 2008, is to shed 10 per cent of all employees as the recession starts to bite in Hollywood

French car industry to get up to €6bn state aid
Paris is preparing a €5bn-6bn rescue plan for the country's car industry, which has been hit by plunging demand, the credit crunch and a decline in competitiveness

Singapore recession deeper than expected
Singapore's economy shrank more than expected in the fourth quarter, prompting the government to declare the nation was in its worst ever recession and fanning expectations that the central bank will let its currency weaken

IBM upbeat on 2009 profits forecast
The technology group registered an unexpectedly strong bounce in fourth-quarter earnings from relative strength in the US and continued higher growth in some emerging markets

China calls for closer defence ties
Beijing greeted the inauguration of Barack Obama as US president with an appeal for better bilateral military relations, signalling its hopes of fully restoring military dialogue partly suspended last year over US arms sales to Taiwan

Obama: We must change with the world
President Barack Obama signalled a decisive break with the Bush years, vowing a "new era of responsibility" in which he would rebuild the economy and restore America's standing in the world

Banking rout raises new fears on Wall Street
The Obama administration comes under immediate pressure to rescue the battered financial sector as banking stocks plunge across the Atlantic amid deepening fears over banks' capital needs

Ban tells Israel to open Gaza borders
United Nations secretary-general Ban Ki-moon said he was promoting the idea of a third party – perhaps the European Union or Turkey – to police the border crossing

Stringer battles Sony 'old guard'
Sir Howard Stringer, chief executive of Sony electronics group, is facing resistance over plans to restructure the company and cut 16,000 jobs

A two-state solution is the only way
Israel and the Palestinians: After the Gaza onslaught, a two-state solution is further off than ever but, for all its problems, it remains the only route to lasting coexistence

EU urges banks on extra reserves for loans
Finance ministers from the European Union have agreed on fresh efforts to revive the flow of bank credit to levels seen before the crisis

Fiat alliance aims to boost Chrysler aid bid
Chrysler declared its new alliance with Fiat would enhance its long-term viability in an apparent bid by the Detroit carmaker to strengthen its case for billions of extra dollars in US government aid

Warner Brothers Entertainment to cut 800 jobs
Warner Brothers Entertainment, the Hollywood studio behind The Dark Knight, the biggest grossing movie of 2008, is to shed 10 per cent of all employees as the recession starts to bite in Hollywood

French car industry to get up to €6bn state aid
Paris is preparing a €5bn-6bn rescue plan for the country's car industry, which has been hit by plunging demand, the credit crunch and a decline in competitiveness

Singapore recession deeper than expected
Singapore's economy shrank more than expected in the fourth quarter, prompting the government to declare the nation was in its worst ever recession and fanning expectations that the central bank will let its currency weaken

IBM upbeat on 2009 profits forecast
The technology group registered an unexpectedly strong bounce in fourth-quarter earnings from relative strength in the US and continued higher growth in some emerging markets

China calls for closer defence ties
Beijing greeted the inauguration of Barack Obama as US president with an appeal for better bilateral military relations, signalling its hopes of fully restoring military dialogue partly suspended last year over US arms sales to Taiwan

Obama: We must change with the world
President Barack Obama signalled a decisive break with the Bush years, vowing a "new era of responsibility" in which he would rebuild the economy and restore America's standing in the world

Banking rout raises new fears on Wall Street
The Obama administration comes under immediate pressure to rescue the battered financial sector as banking stocks plunge across the Atlantic amid deepening fears over banks' capital needs

Ban tells Israel to open Gaza borders
United Nations secretary-general Ban Ki-moon said he was promoting the idea of a third party – perhaps the European Union or Turkey – to police the border crossing

Ericsson to cut another 5,000 jobs
The world's largest telecoms equipment manufacturer is shedding another 5,000 jobs despite reporting better than expected results for the fourth quarter of the year

A two-state solution is the only way
Israel and the Palestinians: After the Gaza onslaught, a two-state solution is further off than ever but, for all its problems, it remains the only route to lasting coexistence

UK unemployment soars to 1.92m
Unemployment continued to soar in the final months of last year with the number of jobless climbing to 1.92m in three months to the end of November - the highest level since 1997 the year Labour came to power

Stringer battles Sony 'old guard'
Sir Howard Stringer, chief executive of Sony electronics group, is facing resistance over plans to restructure the company and cut 16,000 jobs

EU urges banks on extra reserves for loans
Finance ministers from the European Union have agreed on fresh efforts to revive the flow of bank credit to levels seen before the crisis

Fiat alliance aims to boost Chrysler aid bid
Chrysler declared its new alliance with Fiat would enhance its long-term viability in an apparent bid by the Detroit carmaker to strengthen its case for billions of extra dollars in US government aid

Singapore recession deeper than expected
Singapore's economy shrank more than expected in the fourth quarter, prompting the government to declare the nation was in its worst ever recession and fanning expectations that the central bank will let its currency weaken

Obama: We must change with the world
President Barack Obama signalled a decisive break with the Bush years, vowing a "new era of responsibility" in which he would rebuild the economy and restore America's standing in the world

Banking rout raises new fears on Wall Street
The Obama administration comes under immediate pressure to rescue the battered financial sector as banking stocks plunge across the Atlantic amid deepening fears over banks' capital needs

Ban tells Israel to open Gaza borders
United Nations secretary-general Ban Ki-moon said he was promoting the idea of a third party – perhaps the European Union or Turkey – to police the border crossing

Ericsson to cut another 5,000 jobs
The world's largest telecoms equipment manufacturer is shedding another 5,000 jobs despite reporting better than expected results for the fourth quarter of the year

A two-state solution is the only way
Israel and the Palestinians: After the Gaza onslaught, a two-state solution is further off than ever but, for all its problems, it remains the only route to lasting coexistence

UK unemployment soars to 1.92m
Unemployment continued to soar in the final months of last year with the number of jobless climbing to 1.92m in three months to the end of November - the highest level since 1997 the year Labour came to power

Stringer battles Sony 'old guard'
Sir Howard Stringer, chief executive of Sony electronics group, is facing resistance over plans to restructure the company and cut 16,000 jobs

EU urges banks on extra reserves for loans
Finance ministers from the European Union have agreed on fresh efforts to revive the flow of bank credit to levels seen before the crisis

Fiat alliance aims to boost Chrysler aid bid
Chrysler declared its new alliance with Fiat would enhance its long-term viability in an apparent bid by the Detroit carmaker to strengthen its case for billions of extra dollars in US government aid

Singapore recession deeper than expected
Singapore's economy shrank more than expected in the fourth quarter, prompting the government to declare the nation was in its worst ever recession and fanning expectations that the central bank will let its currency weaken

Obama: We must change with the world
President Barack Obama signalled a decisive break with the Bush years, vowing a "new era of responsibility" in which he would rebuild the economy and restore America's standing in the world

Banking rout raises new fears on Wall Street
The Obama administration comes under immediate pressure to rescue the battered financial sector as banking stocks plunge across the Atlantic amid deepening fears over banks' capital needs

Ban tells Israel to open Gaza borders
United Nations secretary-general Ban Ki-moon said he was promoting the idea of a third party – perhaps the European Union or Turkey – to police the border crossing

Ericsson to cut another 5,000 jobs
The world's largest telecoms equipment manufacturer is shedding another 5,000 jobs despite reporting better than expected results for the fourth quarter of the year

A two-state solution is the only way
Israel and the Palestinians: After the Gaza onslaught, a two-state solution is further off than ever but, for all its problems, it remains the only route to lasting coexistence

UK unemployment soars to 1.92m
Unemployment continued to soar in the final months of last year with the number of jobless climbing to 1.92m in three months to the end of November - the highest level since 1997 the year Labour came to power

Stringer battles Sony 'old guard'
Sir Howard Stringer, chief executive of Sony electronics group, is facing resistance over plans to restructure the company and cut 16,000 jobs

EU urges banks on extra reserves for loans
Finance ministers from the European Union have agreed on fresh efforts to revive the flow of bank credit to levels seen before the crisis

Fiat alliance aims to boost Chrysler aid bid
Chrysler declared its new alliance with Fiat would enhance its long-term viability in an apparent bid by the Detroit carmaker to strengthen its case for billions of extra dollars in US government aid

Singapore recession deeper than expected
Singapore's economy shrank more than expected in the fourth quarter, prompting the government to declare the nation was in its worst ever recession and fanning expectations that the central bank will let its currency weaken

Obama seeks halt to Guantanamo trials
Hours after taking office, US President Barack Obama ordered military prosecutors in the Guantanamo war crimes tribunals to ask for a 120-day halt in all pending cases

Banking rout raises new fears on Wall Street
The Obama administration comes under immediate pressure to rescue the battered financial sector as banking stocks plunge across the Atlantic amid deepening fears over banks' capital needs

Ban tells Israel to open Gaza borders
United Nations secretary-general Ban Ki-moon said he was promoting the idea of a third party – perhaps the European Union or Turkey – to police the border crossing

Ericsson to cut another 5,000 jobs
The world's largest telecoms equipment manufacturer is shedding another 5,000 jobs despite reporting better than expected results for the fourth quarter of the year

Stringer battles Sony 'old guard'
Sir Howard Stringer, chief executive of Sony electronics group, is facing resistance over plans to restructure the company and cut 16,000 jobs

A two-state solution is the only way
Israel and the Palestinians: After the Gaza onslaught, a two-state solution is further off than ever but, for all its problems, it remains the only route to lasting coexistence

UK unemployment soars to 1.92m
Unemployment continued to soar in the final months of last year with the number of jobless climbing to 1.92m in three months to the end of November - the highest level since 1997 the year Labour came to power

EU urges banks on extra reserves for loans
Finance ministers from the European Union have agreed on fresh efforts to revive the flow of bank credit to levels seen before the crisis

Fiat alliance aims to boost Chrysler aid bid
Chrysler declared its new alliance with Fiat would enhance its long-term viability in an apparent bid by the Detroit carmaker to strengthen its case for billions of extra dollars in US government aid

Singapore recession deeper than expected
Singapore's economy shrank more than expected in the fourth quarter, prompting the government to declare the nation was in its worst ever recession and fanning expectations that the central bank will let its currency weaken

Obama seeks halt to Guantanamo trials
Hours after taking office, US President Barack Obama ordered military prosecutors in the Guantanamo war crimes tribunals to ask for a 120-day halt in all pending cases

Banking rout keeps FTSE in the red
London equities continued to fall with banking stocks under yet more pressure as fears about the health of the sector spread around the world. Barclays and Lloyds notched up further double-digit falls

Ban tells Israel to open Gaza borders
United Nations secretary-general Ban Ki-moon said he was promoting the idea of a third party – perhaps the European Union or Turkey – to police the border crossing

Ericsson to cut another 5,000 jobs
The world's largest telecoms equipment manufacturer is shedding another 5,000 jobs despite reporting better than expected results for the fourth quarter of the year

Stringer battles Sony 'old guard'
Sir Howard Stringer, chief executive of Sony electronics group, is facing resistance over plans to restructure the company and cut 16,000 jobs

A two-state solution is the only way
Israel and the Palestinians: After the Gaza onslaught, a two-state solution is further off than ever but, for all its problems, it remains the only route to lasting coexistence

UK unemployment soars to 1.92m
Unemployment continued to soar in the final months of last year with the number of jobless climbing to 1.92m in three months to the end of November - the highest level since 1997 the year Labour came to power

EU urges banks on extra reserves for loans
Finance ministers from the European Union have agreed on fresh efforts to revive the flow of bank credit to levels seen before the crisis

Fiat alliance aims to boost Chrysler aid bid
Chrysler declared its new alliance with Fiat would enhance its long-term viability in an apparent bid by the Detroit carmaker to strengthen its case for billions of extra dollars in US government aid
 
   RSS CATEGORIES
Asia News
Athens News: Latest
BBC: Africa
BBC: Americas
BBC: Asia-Pasific
BBC: Europe
BBC: Middle East
BBC: South Asia
BBC: World
Belfast Telegraph Business News
Belfast Telegraph Local & National News
Birmingham Post News
Bulgaria News
CNN: Africa
CNN: Americas
CNN: Asia
CNN: Europe
CNN: Middle East
CNN: World
Coventry Telegraph News
Daily Post North Wales News
Edinburg Evening News
European Voice News & Analysis
Financial Times: Asia
Financial Times: Europe
Financial Times: Middle East
Financial Times: UK
Financial Times: US
FOXNews: Politics
FOXNews: World
Google News: Australia
Google News: Business
Google News: Canada
Google News: India
Google News: New Zealand
Google News: Sci/Tech
Google News: South Africa
Google News: Top Stories
Google News: U.K.
Google News: U.S.
Google News: World
Haaretz
Hurriyet Daily News
International The News: Latest
International The News: National
Kashmir Observer
LA Times
Larne Times News
Lurgan Mail News
News24.com: Africa
News24.com: South Africa
News24.com: World
News24.com: Zimbabwe
NY Times
Reuters: International
Reuters: Politics
Sun: Big Brother
Sun: Bizarre
Sun: News
Sun: Showbiz
Sun: Sport
Sun: TV
Sun: Woman
The Daily Record News
The Daily Star Lebanon News
The Globe and Mail: Business
The Globe and Mail: National
The Globe and Mail: Opinions
The Herald News
The Herald Politics
The Hindu: Business
The Hindu: International
The Hindu: National
The Hindu: Opinion
The Nation: Headline News
The Nation: Top News
The Sydney Morning Herald: Business
The Sydney Morning Herald: National
The Sydney Morning Herald: World
The Times of India: Business
The Times of India: India
The Times of India: Indians Abroad
The Times of India: World
The West National
The West Regional
The West WA News
Times of Oman Middle East News
Times of Oman News
Typically Spanish News
WN.com: World News
Journal of Turkish Weekly (JTW)
USAK House, Ayten sok. No:21
Mebusevleri, Tandogan, Ankara, Turkey
+90 312 212 28 86
info@turkishweekly.net

Letters to the Editor

Advertorial:  Bodrum Rentals Turkish Daily Mail Advertise with Us