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Russia's Putin wins Turkey's nod for South Stream Turkish Energy Minister Taner Yildiz handed Russian Prime Minister Vladimir Putin permission to build the Gazprom-led South Stream pipeline through Turkey, a major boost to a project to secure Russian gas flows to southern Europe.
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A boycott would finish off Sarko At 9.2%, France is suffering the worst unemployment rate in 12 years. With the risk of facing a policy-based ‘boycott’ prior to the elections, word is that losing Turkey, the nation’s sixth market would be the end of President Sarkozy.
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America’s Caribou Coffee comes to Turkey America’s second largest coffee shop chain, Caribou Coffee has opened their first branch in Turkey, located in Istanbul’s Caddebostan.
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Reversal of fortune While the threat of credit rating downgrades hangs over Europe, a few big emerging market economies are on the upswing.
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China tests 500 kmph super high-speed train China launched a super-rapid test train over the weekend which is capable of travelling 500 kilometers per hour, state media said on Monday, as the country moves ahead with its railway ambitions despite serious problems on its high-speed network.
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Turks are collecting property in London Turkish businessmen, football players and stars all look to London for property purchases. Attorney to the famous, Mehmet Ali Erdoğan, explains that over the past three years, the number of homes purchase by Turks in London have increased by 500 percent.
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Twenty-one billion dollars spent on cell phones... Out of every 100 dollars spent on imports, 1.7 went to cellular phones. Over the past ten years, Turkey has spent 21 billion dollars on cellular phones.
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Moody's cuts Slovenia's credit rating one notch to... Moody's Investors Service on Thursday cut the sovereign foreign currency credit rating for Slovenia one notch to A1 from Aa3, citing increasing pressure on the government's balance sheet that could arise from a potential need to further support the nation's banking system.
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Thirty hectares for foreign investors The 2.5 hectares restriction in place for foreign investors will soon be increased to 30 hectares. Minister of Environment and Urban Development Erdoğan Bayraktar has announced that the process should be completed by the beginning of 2012.
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Çalık receives media award Çalık Holding Chairman of the Executive Board Ahmet Çalık was the recipient of the ‘Those at the Peak of Communications’ (İZ) special award for media. When receiving the award, Çalık stated “I am accepting this award on behalf of all of my friends.”
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Saab on Turkey’s hook While Saab has applied for bankruptcy, it seems the firm may be in demand by Turkish parties. The Saab administration paid a visit to the Turkish Embassy in Stockholm in order to discuss the future of the brand. The embassy has since verified the meeting did take place.
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Aksa, Dow plan $1 bln investment over five years Turkish acrylic fibre manufacturer Aksa Akrilik and Dow Europe Holding plan to invest $1 billion over five years after signing a partnership deal to form a unit, according to a statement by the Investment Support and Promotion Agency of Turkey.
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Aksa in Dow partnership deal on carbon fibre Turkish acrylic fibre manufacturer Aksa Akrilik said on Monday it had decided to sign a partnership deal with Dow Europe Holding on the formation of a carbon fibre manufacturing unit.
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A civilian boycott on France Turks are reacting to the resolution proposed by France regarding denial of Armenian allegations, which has brought the potential of a civilian boycott of French companies with operations in Turkey to the agenda.
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