Turkish central bank seen cutting rates 150 points to 12.5%

Reuters | Dec 6, 2019 at 1:07 PM

Turkey’s central bank is expected to cut its key interest rate to 12.5% from 14% next week, a Reuters poll showed on Friday, sustaining an easing cycle designed to revive the economy and bringing real rates below levels in most emerging markets.

Europeans, Iran to cross swords at nuclear talks

Reuters | Dec 6, 2019 at 12:51 PM

European powers will demand at talks on Friday that Iran stop violating their nuclear deal or risk renewed U.N. sanctions, but with Tehran angry over a lack of European protection from U.S. sanctions, there appeared to be scant scope for compromise.

Turkey says Greek expulsion of Libyan envoy is ‘outrageous’

Reuters | Dec 6, 2019 at 12:17 PM

Turkey condemned on Friday a decision by Greece to expel the Libyan ambassador in response to an accord between Libya and Turkey that maps out a sea boundary between the two countries close to the Greek island of Crete.

Europeans, Iran to cross swords at nuclear talks

Reuters | Dec 5, 2019 at 11:00 PM

European powers will demand Iran stop violating their nuclear deal or potentially face renewed U.N. sanctions, but with Tehran locked in conflict over U.S. sanctions, there appears to be little scope for compromise when they meet on Friday.