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Turkish President Erdogan receives US Sen. Graham

Turkish President Recep Tayyip Erdogan received Republican U.S. Senator Lindsey Graham in the capital Ankara on Friday, presidential sources said. Foreign Minister Mevlut Cavusoglu, presidential spokesman Ibrahim Kalin and presidential communications director Fahrettin Altun were present at...

European bank boosts Turkish lira financing in 2018

The European Bank for Reconstruction and Development (EBRD) in 2018 stepped up Turkish lira financing in Turkey to a record €331 million (some $390 million) through 13 transactions with Turkish companies. That was up from €228.8 million ($258.5 million) in 2017, according to a statement...

New poll: 56 percent Britons back remaining in EU

The majority of British people would vote to remain in the EU if they were to vote in a second referendum a poll suggested on Thursday. The results of the opinion poll by the YouGov found 56 percent of British voters would cast their votes to stay in the EU and 44 percent would vote to...

France to maintain troops in Syria

President Emmanuel Macron on Thursday announced France will retain its troops in Syria and Iraq in 2019. Speaking at an air base located in Toulouse, southwestern France, Macron stressed that their military engagement will continue throughout 2019 in the Levant region. "The announced...

Brexit: Business leaders call for second referendum

Over 170 business leaders have urged Prime Minister Theresa May and opposition leader Jeremy Corbyn to hold a second referendum, arguing this is the only practical solution to the Brexit impasse. The letter, printed Thursday by The Times of London, was signed by some of Britain’s most...

French govt seeks new Renault boss, ditches Ghosn

The French government on Wednesday called for former Nissan chief Carlos Ghosn, who has spent the last two months in Japanese custody, to be replaced as chief executive of carmaker Renault. Economy Minister Bruno Le Maire called for Renault's board to meet "in the coming days "to pick a...

Germany urges more efforts for peace in Yemen

Germany urged the international community on Wednesday to step up efforts to end the war in Yemen. “Yemen will face a humanitarian catastrophe if we do not succeed in ending the war,” Foreign Minister Heiko Maas said at an international conference in Berlin. The conference hosted by the...

France at UN threatens more sanctions on Mali

France on Wednesday threatened to push for more targeted sanctions to be imposed on Mali after hearing a UN official report on worsening violence in the West African country. The Security Council last month put three individuals linked to armed groups on a UN sanctions blacklist, the first...

France: Yellow Vests rock country's economy, tourism

The Yellow Vest demonstrations have dealt a major blow to the country's economy and tourism as it enters week 10. According to a report released by the National Institute of Statistics and Economic Studies (INSEE), the growth rate of France -- the second greatest economy of Europe -- will...

Putin: TurkStream fully operational by 2019 end

TurkStream gas pipeline is set to become fully operational by the end of 2019, according to Russian President Vladimir Putin on Wednesday. The TurkStream project is an export gas pipeline consisting of two 930-km (577.8-mile) lines each with a capacity of 15.75 billion cubic meters. The...

Cargo ship runs aground off southern Turkey

A cargo ship ran aground off Turkey's southern province of Mersin due to heavy waves and stormy weather on Tuesday, a coast guard said. “The ship named Wardeh drifted 150 meters off the coast and ran aground," said the officer, on condition of anonymity due to restrictions on speaking to...

EU says risk of no-deal on Brexit imminent

The risk of no-deal on Brexit is imminent, European Union's chief Brexit negotiator said on Wednesday following British lawmakers’ rejection of Brexit deal. Speaking at the EU parliament, Michel Barnier said: "We are fearing more than ever, that there is a risk of a no deal, and we still...

Macron kickstarts 'great debate' to win back French

French President Emmanuel Macron attempted Tuesday to rebound from two months of often violent anti-government protests by launching a nationwide debate over the grievances fuelling the "yellow vest" movement. Macron travelled to the northern town of Grand Bourgtheroulde to kickstart what...

EU wants end to member state veto on tax

The European Commission on Tuesday proposed to end the veto power member states have over EU tax matters, an idea rejected by several smaller countries including low-tax hub Ireland. A more harmonised tax policy across Europe has long been a dream of pro-EU forces in Brussels and recent...