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Turkey detains senior Islamic State figure, minister says

ISTANBUL (Reuters) – Turkish police have arrested the Islamic State militant group’s top figure in Turkey, Interior Minister Suleyman Soylu said on Tuesday. Soylu said on Twitter “important plans” had been seized along with the militant. No further details wer... More »

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Rainy day hastens sovereign wealth funds’ refocus to home

LONDON (Reuters) – Famed for snapping up glitzy real estate and stakes in troubled international banks during the global financial crisis, sovereign wealth funds are investing more at home, a trend set to accelerate in the wake of the economic carnage wrought ... More »

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U.S. steers clear as global COVID-19 pledging conference begins

BRUSSELS (Reuters) – World leaders launched a pledging “marathon” on Monday – without the United States – to raise at least $8 billion for research into a possible vaccine and treatments for the coronavirus. Organisers included the European Union, non-EU state... More »

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Shops close across Turkey, dimming hopes of a boom year

ISTANBUL/ANKARA (Reuters) – Shops closed across Turkey on Thursday to help halt the coronavirus spread, dimming the economy’s prospects and raising questions for hundreds of thousands of workers after Ankara pledged $15 billion in support and advised Turks to ... More »

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Turkey postpones events until end-April over coronavirus

ISTANBUL (Reuters) – Turkish President Tayyip Erdogan issued a decree on Friday postponing all events related to science, culture and art, as it seeks to contain a surge in coronavirus cases. The country’s death toll has reached four, Health Minister Fahrettin... More »

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Turkish inflation climbs more than expected to above 12%

ISTANBUL (Reuters) – Turkey’s consumer price inflation rose a bit more than expected to 12.15% year-on-year in January, official data showed on Monday, climbing for the third consecutive month after a dramatic drop last year. A currency crisis in 2018 sent inf... More »

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Boeing, Airbus kept in suspense over big Dubai jet deals

DUBAI (Reuters) – Airbus (AIR.PA) and Boeing (BA.N) fought to save billions of dollars of jet deals on Sunday as host airline Emirates kept the Dubai Airshow in suspense over dozens of tentative orders designed to fine-tune the world’s largest international ai... More »

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Turkey starts repatriation of captured Islamic State militants

ANKARA (Reuters) – Turkey said on Monday it had deported two Islamic State militants — a German and an American — beginning a programme to repatriate fighters that has caused friction with its NATO allies since it launched an offensive in northern Syria. Allie... More »

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Croatia’s foreign minister says NATO is necessary

BRUSSELS (Reuters) – Croatian Foreign Minister Grlic Radman defended NATO on Monday following criticism of the 70-year-old alliance from the United States and France. French President Emmanuel Macron said last week that NATO was dying, comments German chancell... More »

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Key Syrian White Helmets backer found dead in Istanbul: diplomat

ISTANBUL (Reuters) – The founder of an organization that trained the Syrian “White Helmets” emergency response group has died in Istanbul, his neighbor and a diplomat said on Monday. James Le Mesurier, founder of the Mayday Rescue group, was found dead early o... More »

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Second Turkish soldier dead after YPG militia attack: ministry

ISTANBUL (Reuters) – A Turkish soldier died in hospital after an attack by the Kurdish YPG militia in Syria’s Ras Al Ain region, Turkey’s Defense Ministry said on Monday, bringing the death toll from the attack to two. The ministry had said on Sunday that a ro... More »

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U.S. troops cross into Iraq from Syria

DOHUK, Iraq (Reuters) – United States troops have crossed into Iraq from Syria through the Sahela border crossing in the northern province of Dohuk, Reuters witnesses said on Monday. Reuters video images showed armored vehicles carrying troops into Iraq, part ... More »

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House Speaker Pelosi holds talks in Jordan with King Abdullah

WASHINGTON (Reuters) – U.S. House Speaker Nancy Pelosi and other senior members of Congress held talks in Jordan on Saturday with King Abdullah II and other top Jordanian officials. Pelosi said in a statement the visit was at “a critical time for the security ... More »

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Volkswagen postpones final decision on Turkey plant: spokesman

FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) has postponed the final decision whether to build a car plant in Turkey, a company spokesman said, amid international criticism of the country’s military operation in Syria and concerns about potential reputational ... More »

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Britain reviews all weapons export licenses with Turkey: FT

(Reuters) – The United Kingdom is reviewing all weapons exports licenses to Turkey as it faces mounting pressure over its military offensive in northern Syria, the Financial Times reported on Monday. British ministers have suspended issuing new licenses for ar... More »

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Turkey replaces three pro-Kurdish party mayors for suspected…

DIYARBAKIR, Turkey (Reuters) – Turkey on Monday replaced mayors from a pro-Kurdish party with state officials in three cities and detained more than 400 people for suspected militant links, the Interior Ministry said, a move likely to fuel tensions in the main... More »

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Top world film makers to honor 25th Sarajevo film festival

SARAJEVO (Reuters) – Some of the world’s top film makers, including two-time Oscar-winning director Alejandro Gonzalez Inarritu, will show their movies and hold master classes honoring the 25th Sarajevo film festival in August, the festival director said on Fr... More »

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Stocks cheer trade reprieve, bonds reconsider rate cuts

LONDON/SYDNEY (Reuters) – Stocks rallied and bonds retreated on Monday as the United States and China agreed to restart trade talks, leading investors to pare wagers on aggressive policy easing by the major central banks. The dollar firmed on the safe-haven ye... More »

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Turkish assets rally after opposition wins Istanbul election

ISTANBUL (Reuters) – The Turkish lira, bonds and shares gained on Monday after the opposition dealt a stinging blow to President Tayyip Erdogan by winning control of Istanbul in a re-run mayoral election on Sunday. Turkish assets have lost value since March am... More »

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In border camps, Syrians rely on doctors in trucks and tents

AZAZ, Syria (Reuters) – The Syrian war has inflicted all kinds of hardships on Najwa Abdelaziz but she still manages to make light of one of them. “The uprising ruined my teeth,” she jokes while getting dental care for the first time in years in the back of a ... More »

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U.S. prepares to end Iran oil waivers, triggering price spike

WASHINGTON/SINGAPORE (Reuters) – The United States is expected to announce on Monday that buyers of Iranian oil need to end imports soon or face sanctions, a source familiar with the situation told Reuters, triggering a 3 percent jump in crude prices to their ... More »

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Mir card payment system looks beyond Russia

MOSCOW (Reuters) – After Western sanctions gutted Russia’s financial system five years ago, a new bank card began appearing in the wallets of many Russians. Now the country is hoping to introduce its cards, known as Mir cards, to foreign markets where Russian ... More »

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Trade ties in focus as Iran’s Rouhani begins Iraq visit

BAGHDAD (Reuters) – Iranian President Hassan Rouhani sharply criticised U.S. military intervention in the Middle East on Monday as he began a first official visit to Iraq, aimed at shoring up Tehran’s influence and expanding trade ties. The visit also sends a ... More »

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For Turkey’s economy, the worst is behind it: Albayrak

ISTANBUL (Reuters) – The worst is now behind Turkey’s economy, Turkish Finance Minister Berat Albayrak said on Monday, following the release of official data showing the economy contracted at a sharper than expected 3.0 percent in the fourth quarter of 2018. O... More »

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Rolls-Royce scales back on joining fighter jet project with…

(Reuters) – British engine maker Rolls-Royce Holdings Plc said on Sunday it had scaled back efforts to join a Turkish program to build a new fighter jet with Turkey’s Kale Group. Talks between Kale and Rolls-Royce ran into problems last year because of a dispu... More »

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Syrian army enters Manbij after Kurdish calls to deter Turkey

BEIRUT (Reuters) – The Syrian army said it entered Manbij on Friday for the first time in years, after the Kurdish YPG militia urged Damascus to protect the town from the threat of Turkish attacks. It was unclear whether the government forces had spread out in... More »

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Syrian army enters town of Manbij and raises flag – statement

BEIRUT (Reuters) – The Syrian army entered Manbij on Friday for the first time in years, it said in a statement, after the Kurdish YPG militia urged the government of President Bashar al-Assad to protect the town from Turkish attacks. The army said it would gu... More »

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Turkey says nearly 300,000 Syrians return home after military…

ISTANBUL (Reuters) – Nearly 300,000 Syrians have returned to their country after Turkey’s two cross-border operations in northern Syria, Interior Minister Suleyman Soylu was quoted as saying on Saturday. Turkey has carried out two operations, dubbed “Euphrates... More »

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World’s first baby born via womb transplant from dead donor

LONDON, Dec 4 (Reuters) – A woman in Brazil who received a womb transplanted from a deceased donor has given birth to a baby girl in the first successful case of its kind, doctors reported. The case, published in The Lancet medical journal, involved connecting... More »

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Security forces end attack on Erbil governorate by suspected…

ERBIL, Iraq (Reuters) – Kurdish security forces killed gunmen who had stormed a government building in the Kurdish city of Erbil on Monday and took hostages in an attack suspected of being carried out by Islamic State, security officials said, Armed with pisto... More »

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Dollar surge bringing emerging market rate cut cycle to a halt

LONDON (Reuters) – A resurgent dollar and higher borrowing costs are smashing through Argentina and Turkey’s currencies like a wrecking ball and raising the likelihood more broadly that emerging markets’ three-year long interest rate cutting cycle is at an end... More »

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In Turkey’s Kurdish heartland, a battle for homes and votes

DIYARBAKIR, Turkey (Reuters) – Kurdish electrician Sukru Gunduz was out on a job when a friend came running to tell him his house was being knocked down, with five members of his family inside. Angry and alarmed, he rushed home. By the time he got there, a mec... More »

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Greek gunboat on patrol nudged by Turkish cargo vessel: Navy

ATHENS (Reuters) – A Greek gunboat was nudged by a Turkish cargo vessel early on Friday while on patrol for unauthorized migrant crossings in the Aegean Sea, the Greek navy said. The gunboat “Armatolos” was on patrol off the island of Lesbos as part of a NATO ... More »

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Putin to visit Ankara for talks with Turkey, Iran

MOSCOW (Reuters) – Russian President Vladimir Putin will make a two-day visit to Turkey from Tuesday where he will meet his Turkish counterpart Tayyip Erdogan and Iranian President Hassan Rouhani, the Kremlin said on Monday. Putin and Erdogan will also officia... More »

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Turkish chefs savor sweet success with world record baklava

ANKARA (Reuters) – A group of chefs in Turkey claimed a world record for the largest baklava on Thursday with a giant tray of the pastry dessert weighing over half a ton. The giant baklava was presented at a “Gastronomy Summit” in Ankara, where dozens of visit... More »