Rail linking Central Asia to Persian Gulf opened
AK-YAYLA, Turkmenistan (AP) ? A railway linking landlocked Central Asia with the Persian Gulf was officially inaugurated Wednesday in a ceremony at a remote train station on the border of Iran and Turkmenistan.
Lower oil price points to rate cuts as Turkish economy slows
* Growth slows more than expected in third quarter * Central bank sees inflation falling throughout 2015 * Government wants strong economy in run-up to June election (Recasts with central bank outlook, market reaction) By Daren Butler and Ozge Ozbilgin ISTANBUL/ANKARA, Dec 10 (Reuters) - Lower oil prices could help Turkish inflation fall to close to 5 percent next year, the central bank said on ...
Railway link bridging landlocked Central Asia to Persian Gulf official inaugurated
A railway route bridging landlocked Central Asia with the Persian Gulf has been officially inaugurated in a ceremony at a remote train station on the border of Iran and Turkmenistan.
Prospects of Turkish rate cut fade as lira slides
A slump in the Turkish lira driven by a sell-off on emerging markets plus investors' nerves about domestic politics have diminished expectations of interest rate cuts, putting pressure back on the central ...
Landlocked Central Asia gets shorter railway link to Persian Gulf
By Marat Gurt AK YAYLA, Turkmenistan (Reuters) - Turkmenistan, Kazakhstan and Iran on Wednesday inaugurated a new railway route that will improve resource-rich Central Asia's access to markets in the Middle East and South Asia. The 925-km (578-mile) stretch of railway, built jointly by the three Caspian neighbours, will ease the exchange of goods between the landlocked post-Soviet region and the ...
Turkey holds interest rates steady awaiting inflation fall
By Ece Toksabay ISTANBUL, Dec 24 (Reuters) - The Turkish central bank kept interest rates on hold on Wednesday despite a recent fall in inflation expectations and said it would keep policy tight until there is a clear improvement in the outlook for prices. The bank, which is battling to bring down inflation even as the economy slows and fighting drags on in neighbouring countries, left its one ...
Railway linking landlocked Central Asia to Persian Gulf officially inaugurated
AK-YAYLA, Turkmenistan - A railway linking landlocked Central Asia with the Persian Gulf was officially inaugurated Wednesday in a ceremony at a remote train station on the border of Iran and Turkmenistan....
After ambush, Naxals take away CRPF jawans' weapons
An assortment of sophisticated weaponry belonging to security personnel, including 10 AK-series rifles, were carried off by the Naxals from the site of the encounter on Monday in Sukma district of Chhattisgarh which left 14 Central Reserve Police Force jawans dead and over a dozen others injured.
Freight from Central Asia in about half the time -- 13 days
The leaders of Turkmenistan, Kazakhstan and Iran gathered at an obscure Turkmen frontier village Wednesday to inaugurate a new rail route intended to speed up delivery of goods between Europe and Asia.
Rifle cleared of Mikrolimano shooting linked to drive-by death
An AK-47 assault rifle that was cleared by forensic experts as being the gun used in an assault on a bar in the Piraeus neighborhood of Mikrolimano has been linked to three other attacks, including one which resulted in the death of a 43-year-old man in central Athens last month.