Search For Keyword.

Business

Turkish economy risks losing '$9 billion' over Russian jet row

Tensions with Russia could cost Turkey's economy nine billion dollars in the worst case scenario of "zero relations", Turkish Deputy Prime Minister said Monday. Moscow has imposed a series of economic sanctions against Ankara after Turkish fighter jets shot down a Russian jet on the Syrian...

Turkey agrees to take LNG supply from Qatar

Turkey's Petroleum Pipeline Corporation (BOTAS) and Qatar's national oil company signed a memorandum of understanding for long-term liquified natural gas (LNG) provision on Wednesday. According to Turkey's Energy and Natural Resources Ministry, the agreement calls for regular supply of LNG by...

Climate change threatens Tunisia olive farming

Tunisia's 3,000-year history of olive farming is under threat with warnings that production is at risk of halving by 2030 because of the extremes of climate change, from floods to droughts. "Before it used to rain regularly and the harvest was good. Today, everything is...

US sanctions Syria for buying oil from Islamic State group

The United States imposed sanctions Wednesday on supporters of Syrian President Bashar al-Assad's government, including a middleman it alleged buys oil for the regime from the Islamic State group. "The Syrian government is responsible for widespread brutality and violence against...