ADANA - War-torn Iraq has become a bright spot for Turkish exporters who have been facing problems stemming from the market contraction in Europe, said the chief of a Turkish commerce chamber.
(10 Jul, 2009 19:19)
ANKARA - Some 2,000 kilometers of the 3,300-kilometer Nabucco pipeline will run through Turkish territory. That is why Ankara expects to receive about 400 million to 450 million euros annually under an intergovernmental agreement to be signed Monday
(10 Jul, 2009 19:18)
WASHINGTON - The expanded aid for the jobless introduced in a stimulus package in February has been unable to cure the problem. The June jobless rate in the United States that has reached 9.5 percent is a proof of that. ’We are going to have a huge pool of unemployed, second to the Great Depression,’ an economist says
(10 Jul, 2009 19:17)
LONDON - British Airways is risking its first major strike in a decade as Chief Executive Officer Willie Walsh presses unions to accept almost 4,000 job cuts he says are needed to reduce costs and survive the recession.
(10 Jul, 2009 19:15)
TOKYO - Pacific Investment Management Co., which runs the world’s largest bond fund, said investors who avoid Japanese government debt may miss out on a rally.
(10 Jul, 2009 19:15)