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One Turkish police, one civilian killed in attack blamed on PKK: reports ISTANBUL: A Turkish policeman and a civilian have been killed in a gun attack in Turkey's mainly Kurdish southeast blamed on separatist militants, reports said on Thursday.Policeman Mehmet Uyar was sitting in front of a tea house in the Cinar district of the southeastern Diyarbakir region late Wednesday when unknown gunmen opened fire from a car, the Anatolia and Dogan news agencies reported.Both the policeman and one civilian passer-by named as Osman Caran later died of their wounds in hospital overnight, the reports said. Another civilian was wounded.Both Anatolia and Dogan said that according to their information the attack was carried out by the Kurdistan Workers Party (PKK), which has waged an insurgency against Turkish forces for over three decades.The killings are the latest in a spike in unrest as Turkey carries out a bombing campaign against targets of the Islamic State (IS) militants in Syria and PKK militants in ...

Fabius says time to warm up Iran-France relations TEHRAN: French Foreign Minister Laurent Fabius arrived on Wednesday in Iran and said it was time to kickstart relations between the two countries after a nuclear deal made such a change possible."It's an important trip," Fabius told reporters at the French embassy in Tehran as he started a short but much-heralded visit following the historic July 14 accord between Iran and six world powers.As France's chief diplomat in those negotiations, Fabius gained a reputation for ...
Syria safe zone will help 1.7mn refugees return: Erdogan ANKARA: Turkish President Recep Tayyip Erdogan on Tuesday said the formation of a safe zone inside war-torn Syria, free from the Islamic State group, would help the return of 1.7 million refugees."The clearance of those regions and the creation of a safe zone there will lay the ground for 1.7 citizens here to return home," Erdogan told reporters at an airport in Ankara.Copyright AFP (Agence France-Presse), 2015 ...
Hollande to decide on Russia warship deal 'in weeks' PARIS: French President Francois Hollande said on Monday that he would decide "in the coming weeks" whether or not to scrap a contentious contract to supply two warships to Russia.The fate of the two Mistral helicopter carriers has plagued France-Russia ties for more than a year, following the decision by Paris to put the 1.2-billion-euro ($1.3-billion) deal on ice as the West slapped sanctions on Moscow over its annexation of Crimea and alleged backing for ...
Britain's Osborne pushes EU reform in Paris PARIS: Britain's finance minister was Monday to push the case for European Union reform as he kicked off a European roadshow with a trip to Paris amid reports London could hold its referendum on EU membership next year.George Osborne will meet counterpart Michel Sapin, but also Prime Minister Manuel Valls and Foreign Minister Laurent Fabius as Britain tries to drum up support for a reformed European bloc still reeling from the Greece crisis.Britain wants to ...
Creditors expected in Greece by Sunday night: government source ATHENS: Representatives from Greece's international creditors are expected to arrive in Athens by Sunday night to start talks on a huge new international bailout for the crisis-hit country, a Greek government source said Saturday.A European Commission spokesperson, however, could not confirm the plans, saying only that representatives of the European Union, European Central Bank and International Monetary Fund -- from whom Greece is seeking a bailout worth up to 86 billion euros ($94 billion) over ...
Turkey detains more suspected IS, PKK militants: reports ISTANBUL: Turkish security forces on Saturday launched new dawn raids to arrest suspected members of the Islamic State (IS) group and Kurdish militant Kurdistan Workers Party (PKK), reports said.The new raids took place in several Turkish provinces, including Istanbul, Ankara, Konya in central Turkey and Manisa in the west, the Radikal online newspaper said. Many people were arrested, although precise figures were not immediately available.Turkish police had on Friday launched major raids against suspected IS ...


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln