ISTANBUL (Reuters) – Amid a global rout in oil prices, Argentina’s energy sector remains an attractive investment option thanks to state subsidies and regulated oil and gas prices, a senior official at state-run Argentine energy company YPF said in an interview.
Latin America’s third-largest economy is seeking to ramp up investment in its energy sector to eradicate an energy deficit it started running in 2011, which is draining its perilously low foreign reserves.
ISTANBUL (Reuters) – With Syria’s civil war spilling across its borders and Islamic State militants beheading captives in their self-declared caliphate, it is little wonder Syrian movies have had pride of a place at an independent film festival in Turkey.
One of them, “Silvered Water, Syria Self-Portrait”, shown at the Cannes Film Festival last year, was pieced together by exiled Syrian filmmaker Ossama Mohammed from YouTube videos. It shows people being shot and bleeding to death, not surprising in a film about a civil war.
KAYSERI, Turkey, Feb 27 (Reuters) – President Tayyip
Erdogan’s tirades against the central bank may be stoking
turmoil in Turkish financial markets, but they are winning
praise from a class of industrialists who have thrived over the
past decade and see him as a pillar of their success.
Ahmet Hasyuncu has turned his humble family cotton mill in
Kayseri, a city in the conservative Anatolian heartlands, into a
multi-million dollar textile exporter over the past decade,
thanks largely, he says, to cheap loans and political stability.
ISTANBUL (Reuters) – Turkey filed over five times more content removal requests to Twitter than any other country in the second half of 2014, data published by the micro-blogging site showed on Monday.
The figures are likely to reinforce fears of a crackdown on Internet freedom in the predominantly Muslim NATO state where President Tayyip Erdogan has said he is determined to stamp out what he sees as illegal online activities.
ISTANBUL (Reuters) – South Korea’s interest rate policy will likely stay put for a while as the local economy will continue a solid recovery and inflation will remain stable, the country’s finance minister told Reuters on Monday.
The European Central Bank’s quantitative easing policy could eventually do good to South Korea’s trade-reliant economy by boosting demand there for the Asian country’s exports, Finance Minister Choi Kyung-hwan said in an interview.
ISTANBUL, Feb 4 (Reuters) – Turkish President Tayyip Erdogan
made fresh criticism of the central bank’s policies on
Wednesday, stoking worries over the bank’s independence and
sending the lira to a record low against the dollar.
The lira dropped to 2.4485 against the dollar
from 2.4210 earlier, extending losses following Erdogan’s
comments about the monetary policy committee’s performance which
were perceived as a potential threat to the bank’s independence.
It was trading at 2.4440 at 1607 GMT.
ISTANBUL (Reuters) – The suspected female accomplice of Islamist militants behind attacks in Paris was in Turkey five days before the killings and crossed into Syria on Jan. 8, Foreign Minister Mevlut Cavusoglu was cited on Monday by the state-run Anatolian News Agency as saying.
French authorities launched a search for 26-year-old Hayat Boumeddiene after French anti-terrorist police killed her partner Amedy Coulibaly in storming a Jewish supermarket where he had taken hostages, describing her as armed and dangerous.
ISTANBUL (Reuters) – A far-left Turkish group has claimed responsibility for a suicide bombing at a police station in Istanbul’s historic Sultanahmet district that killed one officer and wounded another, saying it was to “settle scores” with the government.
A female suicide bomber on Tuesday entered the police station, saying in English she had lost her purse before tossing explosives at police and blowing herself up. The three-storey building lies across the square from the Aya Sofya Museum and Blue Mosque, the biggest draws for millions of tourists who visit Istanbul each year.
IZMIT, Turkey (Reuters) – Turkish President Tayyip Erdogan said on Monday that weekend raids on media outlets close to a U.S.-based Muslim cleric were part of a necessary response to “dirty operations” by political enemies, and dismissed European Union criticism of the moves.
The raids on the Zaman daily and Samanyolu television mark an escalation in Erdogan’s battle with former ally Fetullah Gulen, with whom he has been in open conflict since a graft investigation targeting his inner circle emerged a year ago.
ISTANBUL (Reuters) – Turkish police raided media outlets close to a U.S.-based Muslim cleric on Sunday and detained 24 people including top executives and ex-police chiefs in operations against what President Tayyip Erdogan calls a terrorist network conspiring to topple him.
The raids on Zaman daily and Samanyolu television marked an escalation of Erdogan’s battle with ex-ally Fetullah Gulen, with whom he has been in open conflict since a graft investigation targeting Erdogan’s inner circle emerged a year ago.