Istanbul retail prices down 0.24 percent in November – chamber of commerce

ANKARA (Reuters) - Retail prices in Istanbul, Turkey's biggest city, dropped by 0.24 percent month-on-month in November, the Istanbul Chamber of Commerce (ITO) said on Saturday. Wholesale prices in Istanbul, home to about a fifth of Turkey's population of 81 million, increased by 0.18 percent month-on-month in October, ITO said.

Turkey says will not link fate of U.S.-based cleric to Khashoggi

Turkey has ruled out any deal with the United States to scale down its investigation into the killing of Saudi journalist Jamal Khashoggi if the U.S. expels a Muslim cleric who Ankara says was behind a failed coup two years ago. NBC News reported on Thursday that the Trump administration was

Why are Iraq’s Kirkuk oilfields so important?

Iraq's oilfields in the disputed Kirkuk region have taken on new significance after the United States restored oil sanctions against neighbouring Iran. Washington is pressuring Baghdad to resume exports that stopped last year. Iraq aims to raise its export capacity to 8.5 million barrels per day (bpd) in the coming years

Second Turkish drill ship will operate in Black Sea – minister

ISTANBUL (Reuters) - Turkey has completed the purchase of its second drilling ship, which will operate in the Black Sea at the north of the country, Energy Minister Fatih Donmez said on Friday. Turkey is almost completely reliant on imports to meet its energy needs. The Turkish lira's tumble against the

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