Turkey’s lira weakens after September inflation, dollar rally

Turkey's lira weakened more than one percent on Thursday, a day after data showed that annual inflation had hit nearly 25 percent in September, vastly exceeding expectations, and as the dollar held at a six-week high. Inflation surged to nearly 25 percent in September from a year earlier, data showed on

Merkel to discuss Syria with Erdogan during his visit next week

BERLIN (Reuters) - Chancellor Angela Merkel will discuss challenging topics including the situation in Syria with Turkish President Tayyip Erdogan during his visit to Germany next week, a spokesman for the German government said on Friday. Russia and Turkey told a weekly meeting of the U.N. Syria humanitarian taskforce in Geneva