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Tuesday, September 13 2011 , Your time is 15:58:00
Russian Prime Minister Dmitry Medvedev has ordered Moscow to draw up measures including freezing some joint investment projects with Turkey, in retaliation for the Nov. 24 downing of a Russian warplane by Turkey
Russia stepped up its defense of the ruble Dec. 17 as it sought to halt a run on the currency and stem the worst financial crisis of President Vladimir Putin’s 15 years in power.
ISTANBUL - Anadolu Agency
Turkey hosted meetings with representatives of G-20 countries and the inaugural meeting of the B-20, the business branch of the G-20, on Dec. 15
The European Union has agreed rules to stamp out tax evasion and stop dirty money from criminal gangs or terrorism finance being channeled through anonymous companies.
Turkey’s unemployment rate has increased to 10.5 percent in the three month period between August and October
ISTANBUL – Agence France-Presse
The lira hit a record low of 2.41 lira to the dollar, worse than Monday's record low of 2.39 lira to the dollar.
ANKARA – Anadolu Agency
Turkey’s overall budget deficit will be around 0.8 percent in 2014, some 0.3 percent lower than previous estimates, Finance Minister Şimşek says in a written statement.
MOSCOW - Agence France-Presse
The rapid slide of the ruble is a "critical situation" and the Russian central bank will take additional measures soon, the bank's first deputy chairman Sergei Shvetsov said Dec. 16.
Volatile agricultural production conditions are forcing Turkey to boost food imports, increasing the country’s dependence on abroad amid the tough inflation climate
SINGAPORE - Reuters
Brent crude oil prices fell over $1 per barrel and below $60 for the first time since July 2009 in early European trading today as Chinese factory activity slowed and stumbling emerging market currencies dented demand expectations.
WASHINGTON - Agence France-Presse
The US Congress passed a $1.1-trillion spending bill for fiscal year 2015 Dec. 13, capping a week of acrimonious wrangling while averting a government shutdown and sending the measure to President Barack Obama.
The Turkish Lira, one of the worst performers earlier this year due to concern that the FED would end its tapering program that had boosted emerging markets, has seen another tumble after a weekend raid by police on media outlets.
Russia will respond to fresh sanctions from the United States, deputy foreign minister Sergei Ryabkov said after US lawmakers passed a bill to impose new penalties on Moscow over the Ukraine crisis
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