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As investors seek hefty rate hike, credibility test looms for Turkey central bank

ANKARA, Jan 20 Turkey's central bank faces a major credibility test when it meets on Tuesday, with investors hoping for a significant interest rate hike after attempts to defend the lira currency with liquidity measures proved ineffective.

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Turkey can no longer insist on Syria settlement without Assad - Turkish deputy PM 20 Jan 2017

DAVOS, Switzerland Turkey can no longer insist on a resolution of the conflict in Syria without the involvement of President Bashar al-Assad, as the situation on the ground has changed dramatically, Turkish Deputy Prime Minister Mehmet Simsek said on Friday.

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Turkish parliament nears approval of presidential system 20 Jan 2017

ANKARA Turkey edged closer to adopting a constitutional bill extending President Tayyip Erdogan's powers overnight, with parliament approving four more articles of a reform which opponents see as a step towards an authoritarian state.

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Turkish parliament nears approval of presidential system sought by Erdogan 19 Jan 2017

ANKARA Turkey moved closer to adopting a new constitutional bill extending President Tayyip Erdogan's powers that supporters welcome as a guarantor of stability at a time of turmoil and opponents see as a step towards an authoritarian state.

Syria aid still blocked, UN invited to Astana peace talks 19 Jan 2017

GENEVA U.N. Syria envoy Staffan de Mistura has been invited to peace talks convened by Russia, Turkey and Iran in the Kazakh capital Astana, his spokeswoman Yara Sharif said on Thursday.

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Erdogan aide says interest rate option 'on table' for Turkey cenbank, lira slide continues 19 Jan 2017

ANKARA Turkey's lira weakened on Thursday, as comments from a senior presidential adviser that an interest rate increase could be possible were not enough to arrest a slide in confidence that has sent the currency to a series of record lows.

UPDATE 2-Erdogan aide says interest rate option "on table" for Turkey cenbank, lira slide continues 19 Jan 2017

ANKARA, Jan 19 Turkey's lira weakened on Thursday, as comments from a senior presidential adviser that an interest rate increase could be possible were not enough to arrest a slide in confidence that has sent the currency to a series of record lows.

New York Times says Turkey denies entry to its correspondent 18 Jan 2017

ISTANBUL, Jan 18 Authorities in Turkey denied entry to a veteran New York Times correspondent and forced him to take a flight back to London, the newspaper said on Wednesday, in what its executive editor denounced as "an affront to freedom of the press".

Turkey's lira weakens despite central bank's latest efforts 18 Jan 2017

ISTANBUL, Jan 18 Turkey's lira weakened against the dollar on Wednesday as the central bank's push to shore up the currency through swap auctions failed to deliver a recovery that analysts say likely requires an aggressive rate hike.

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Greece sees progress on Cyprus, says Turkey should drop 'aggressive' talk 18 Jan 2017

ATHENS Greek Prime Minister Alexis Tsipras said on Wednesday progress had been made in ending a decades-old stalemate over the division of Cyprus, but urged Turkey to drop 'aggressive rhetoric' to reach a deal.

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Trump, now president, pledges to put 'America First' in nationalist speech

WASHINGTON Donald Trump took power as the 45th president of the United States on Friday and pledged to end what he called an "American carnage" of rusted factories and crime in an inaugural address that was a populist and nationalist rallying cry. | Video