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Monday, 13 October 2008
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General
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Developing nations assured of help
Şimşek offers Turkey’s CB as model to G-20 to stave off crisis
A woman to lead Turkey - IMF relations for the first time
G7 vows 'action' on economic crisis
Turkish economy authories hold talks in Washington D.C
Arab stock markets plunge for 4th day
Money / Market
All
'30m fake pound coins in circulation'
Russian diamond posts 6% net profit fall
Tokyo stocks close higher
Eurozone growth a silver lining but clouds remain
Shanghai shares fall after quake
Mogadishu riots over cash dispute

Privatization
All
Privatization of sugar factories begin in August
"We want to privatize bridges and highways"
Turkey eyes $10 bln from sales
Turkey plans to privatize bridges and highways
Petkim's sale to be completed on Friday
Energy & Oil
All
US and India sign nuclear deal
India and US to sign nuclear agreement in Washington
Delay hits US-India nuclear deal
Medvedev and Chávez sign $1 bln mil. loan
Venezuela signs Chinese oil deal
N Korea nuclear seals 'removed'

Automotive
All
GM and Chrysler 'in merger talks'
India's cheap car plant abandoned
BMW to test Electric Mini in California
Car makers hail historic hybrid plan
Turkey's Auotomotive sector exports worth 11.3 billion$
Ford to open new plant in Mexico
Banking
All
Bank crunch 'may hit council pay'
Swiss bank UBS to cut 2,000 jobs
Treasury will nationalise B&B
HSBC to cut 500 UK jobs in credit crisis
Rumours spark Hong Kong bank run
US banks make shock status switch

Agriculture
All
Turkey,Italy, Spain to pursue a joint project on agriculture
Saudi to start growing grains abroad amid food crisis
Food imports 'to top $1 trillion'
Farmers Face Climate Challenge in Quest for More Food
South Korea imports biotech corn
Thailand calls for a rice cartel
Companies
All
Emirates to increase the number of its flights to Istanbul
Alitalia unions back rescue plan
Warning: 30 airlines will go bust this year
THY bidding for Bosnia- Herzegovina airlines
Talks over Alitalia rescue stall
Renault announces 6,000 job cuts

THY defies odds in profits amid slump in aviation
In 2008 Turkey's national airline company, Turkish Airlines (THY), defied odds by making a considerable amount of profit despite a slump in the aviation industry caused mainly by skyrocketing fuel prices.
Turkey to be a Safe Shelter For Foreign Capital, State Minister Tuzmen
Turkish State Minister Kursad Tuzmen said on Sunday that Turkey would be a safe shelter and haven for the foreign capital if it maintained its stable position.

Islamic finance: Japanomics -- Turkeynomics?
With a population of 60,000 Muslims and close to 127.5 million Shinto and Budhist adherents, Japan hardly can be described as a Muslim country.
Alitalia airline cancels flights
Alitalia has cancelled a number of flights from Rome's Fiumicino airport, increasing fears that the carrier may soon go into liquidation.

Russia markets reopen after surge
Russia's two leading stock exchanges have resumed trading an hour after they were suspended automatically because share prices had risen too sharply.
Turkey Targets to Boost Trade Volume With Indonesia, Tüzmen
Turkish State Minister Kursad Tuzmen said on Thursday that Turkey targeted to boost its actual 1.5 billion USD trade volume with Indonesia to 5 billion USD as a first step.

Turkish and Russian Customs Officials Protocol
Talks between Turkish and Russian authorities to find a solution to the long periods Turkish trucks have to wait at Russian customs points ended on Thursday with a protocol signed.
Central banks launch liquidity plan
Six central banks have announced a co-ordinated effort to pump more than $180bn into global money markets, amid continuing falls at stock markets.

Markets battered despite AIG rescue
Asian markets have been battered as the global financial crisis deepened a day after US authorities announced the rescue of troubled insurer American Insurance Group (AIG).
Shares plummet despite AIG rescue
Shares in HBOS experienced wild swings during morning trading

HBOS confirms Lloyds merger talks
HBOS has confirmed it is in advanced talks with Lloyds TSB about creating a UK retail banking giant worth £30bn.
Turkish-Indonesian Business Councıl Meeting
Indonesian Minister of Trade, Mari Elka Pangestu, said Wednesday the trade volume between Turkey and Indonesia could reach two billion USD in 2009.

Markets rally on $85bn AIG rescue
The US Federal Reserve has announced an $85bn emergency loan to rescue troubled insurance giant American International Group.
Turkish-Russian Businessmen To Attend International Investment Forum
Turkish and Russian businessmen will attend an international investment forum in Krasnodar, Russia, a Turkish economic board said on Tuesday.

Crisis threatens insurance giant
Concerns are mounting about the future of US insurance giant AIG as investors fear a domino effect in the aftermath of Lehman Brothers' collapse.
Progress in move to save Alitalia
Alitalia will cut 3,000 jobs under a new agreement reached with Italy's four main union organisations, Labour Minister Maurizio Sacconi has said.

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