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Free-Spending Turkey Hopes to Avoid a Fall

ISTANBUL -- Is Turkeys booming economy ripe for a fall? It certainly looks that way.

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At I.M.F., Men on Prowl and Women on Guard

WASHINGTON -- It is an international island in the midst of the American capital, a sharp-elbowed place ruled by alpha male economists. The days are long, and employees are regularly pressed together...

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Dervis’ withdrawal raises Lagarde’s IMF prospects

A former finance minister for Turkey who had been among the leading candidates to head the International Monetary Fund is removing himself from consideration. The withdrawal of Kemal Dervis enhances...

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Drilling Off Cyprus Will Proceed Despite Warnings From Turkey

ISTANBUL -- In the face of menacing warnings from Turkey on Monday, the Greek Cypriot government said it was proceeding with exploratory drilling for oil and gas off the coast of the disputed island.

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EU ‘shooting its foot’ without Turkey?

Will Turkey join the EU? Turkey's finance minister says the country would be an asset to the EU Turkey's path to EU membership remains fraught, in part due to problems pitching the idea to the country...

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Turkey: A soft landing or turbulence?

Turkey, straddling Europe and Asia, has a gross domestic product of $ 773 billionIt represents the fourth letter of a new acronym crafted by Goldman Sachs: MIST After blistering growth in the past two...

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Renault to shift more production to Turkey: sources

PARIS French automaker Renault plans to build more than 70 percent of its Clio subcompacts in Turkey, union sources said, in a shift abroad that could inflame tensions with workers and the government,...

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Iraq says Exxon to quit oilfield, ends Turkey TPAO deal

BAGHDAD Exxon Mobil has informed the Iraqi government it wants to pull out of a $ 50 billion oil project, and Baghdad expelled Turkey's state oil operator from another contract on Wednesday, both...

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Turkey: Iran trading gold for gas

Deputy prime minister describes what amounts to a gold-for-oil barter systemGovernment says Iran has imported billions of dollars worth of gold from Turkey since MarchIn April, Turkey exported $ 1.2...

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Citi in talks to sell Turkey consumer arm: source

LONDON Citigroup has started a sale process for its consumer banking operations in Turkey and has held talks on a possible deal, a person familiar with the matter said. Citigroup said earlier on...

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