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Pakistan airline staff on strike, many flights... Pakistan's national airline was forced to cancel dozens of flights on Thursday after authorities failed to convince employees to end a strike that has added to the woes of an already troubled government.
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The amazing transformation of Turkey’s textile... An event reminiscent of a repeating theme in Turkish films, in which a poor yet honorable character is depicted rising from the dredges to success, transpired at this year’s Paris Premiere Vision fair, one of the world’s most important fairs for the textile industry. After previously being forbidden from entering the fair, and at times even being imprisoned for the struggle, this year, Turkey’s textile sector was made the guest of honor.
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Turkey, Iran aim to triple trade volume to $30 bln Turkey and Iran aim to triple their bilateral trade to $30 billion in five years, Iran's foreign minister was reported as saying, despite U.S. attempts to constrict ties between Tehran and its closest neighbours.
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Salaries designated according to religion! A shameful proposal by Denmark… The Danish administration’s draft law, which foresees Muslim immigrants to be paid lesser salaries, has received has received significant response.
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IMF: “It’s good we did not make an agreement” Unable to pull the countries they have extended hands to out of the swamp; the IMF makes a historical confession: Turkey made the right decision to not sign onto an agreement.
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For the first time in 41 years, inflation is under... After 29 different administrations in power and six different presidents, for the first time Turkey’s inflation rate has reached its lowest level in 41 years.
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Five hot issues at EU energy summit European Union leaders meet in Brussels on Friday for their first summit on energy issues.
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Residence rental rates reach the price of buying a... The price to rent a luxurious unit in a residence in Istanbul renovated by Swiss Hotel situated on the Bosphorus has been set at 20,000 Euros.
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Dogan Yayin-court rulings in tax dispute upheld Turkey's leading media group Dogan Yayin, embroiled in legal battles against crippling tax fines, said late on Wednesday appeals by both it and the state against initial court rulings had been rejected.
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US sanctions Iranian, Turkish firms for missile... The U.S. Treasury on Tuesday blacklisted six individuals and five business entities in Iran and Turkey for providing materials and support to Iran's ballistic missile development efforts.
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Nineteen Turkish companies provide 90,000 jobs on... Turkish companies not only survived the crisis that has affected the entire world, but they have also managed to secure roles as global players. Nineteen groups abroad have established 396 firms on six different continents totaling 31 billion dollars in worth, employing 90,000 and raking in 15 billion dollars in revenue.
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Egypt’s credit rating cut by Moody's Moody's Investors Service cut its rating on Egypt's debt on Monday on concern about its public finances, becoming the second credit agency to turn negative since the country was plunged into political crisis.
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Tunisian fire fills rooms in Turkey The uprising which began in Tunisia, Turkey’s tourism competitors, and then spread to Egypt also serious tourism contenders, has for Turkish tourism operators been like winning the lottery. With rooms filling fast, the risk of having to drop prices has all but disappeared.
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The wheels are churning for automotives Turkish automaker TOFAŞ Türk Otomobil Fabrikası A.Ş. plans to increase production to three shifts as of March, and foresees the hiring of 500 additional employees.
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