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World - Jailed PKK leader sees better chance for peace deal with Turkey

Istanbul (AFP) - The jailed leader of Turkey`s outlawed Kurdistan Workers` Party (PKK) said he saw a better chance for a peace deal with Ankara, despite Kurdish protests over Turkish inaction in Syria.

Wednesday, October 22, 2014  12:34


Business - ECB cools speculation over bank health checks ahead of results

By Sarah White and Michael Shields MADRID/VIENNA (Reuters) - The European Central Bank cautioned on Wednesday against speculation over the outcome of its stress tests after a media report said at least 11 banks had failed the landmark financial health checks, driving some banking shares lower. Austria`s Erste Group rejected the report from Spanish newswire Efe, which said that it along with banks from Italy, Belgium, Cyprus, Portugal and Greece, had failed the ECB review based on preliminary data, but it gave no details of the size of the capital holes at the banks. ...

Wednesday, October 22, 2014  12:53


Business - European shares fall as bank stress test worries offset ECB stimulus talk

By Marius Zaharia LONDON (Reuters) - European shares slipped and the euro hit a one-week low on Wednesday as reports that at least 11 banks could fail a region-wide financial health check this weekend offset hopes of corporate bond buying by the ECB. Spanish news agency Efe cited several unidentified sources saying three banks in Greece, three Italian lenders, two Austrian banks, as well as one bank each from Cyprus, Belgium and Portugal will fail the stress tests. The results of the checks, designed to see how banks would cope under adverse economic scenarios, are due on Sunday. ...

Wednesday, October 22, 2014  12:53


Business - Austria`s Erste denies report it has failed stress tests

MADRID/VIENNA (Reuters) - Austria`s Erste Bank rejected a report that it was one of at least 11 banks that had failed the European Central Bank`s landmark health check, while other banks named by Spanish newswire Efe did not comment. Efe said Erste, along with banks from Italy, Belgium, Cyprus, Portugal and Greece, had failed the ECB review based on preliminary data, but gave no details of the size of the capital holes at the banks. The ECB said it could not comment on individual institutions or on speculation. ...

Wednesday, October 22, 2014  11:03


Business - At least 11 banks to fail European stress tests: news agency Efe

MADRID (Reuters) - At least 11 banks from six European countries are set to fail a region-wide financial health check this weekend, Spanish news agency Efe reported, citing several unidentified financial sources. The results of the stress tests on 130 banks by the European Central Bank are due to be unveiled on Sunday. Four banks in Greece, three Italian lenders and two Austrian ones are among those that preliminary data showed had failed the tests, Efe said. ...

Wednesday, October 22, 2014  09:50


World - Turkey to help Kurdish `peshmerga` fighters reach besieged Syrian town

ANKARA (Reuters) - Turkey is facilitating the passage of Kurdish `peshmerga` fighters to the besieged Syrian border town of Kobani, Turkish Foreign Minister Mevlut Cavusoglu said on Monday. But he stopped short of saying Ankara backed a decision by the United States to airdrop weapons to the town`s defenders. Islamic State fighters have for a month laid siege to Kobani, on the Turkish frontier, and only intense bombardments by U.S.-led coalition warplanes have halted their advance. ...

Monday, October 20, 2014  12:38


World - Iran arrests several spies near Bushehr nuclear plant: Fars news agency

ANKARA (Reuters) - Iranian security services have arrested several suspected spies in the southern province of Bushehr where the country`s first nuclear power plant is located, the semi-official Fars news agency reported on Tuesday. Iran has repeatedly cited signs of what it calls foreign plots to sabotage its nuclear program, which world powers fear could be put to developing an atomic bomb capability and are seeking to curb through high-level negotiations, with a deadline of Nov. 24 for an accord. ...

Tuesday, October 21, 2014  16:53


World - Iranian cleric`s death leaves gap in key power body

By Parisa Hafezi ANKARA (Reuters) - The head of Iran`s top clerical body has died after lying in a coma for months, leaving a gap in the only institution that has the authority to elect and dismiss the country`s Supreme Leader. The death of 83-year-old Ayatollah Mohammad Reza Mahdavi Kani, reported by Iranian media, is unlikely to spark any direct policy change or jockeying for power, officials and analysts said. ...

Tuesday, October 21, 2014  12:20


World - Exclusive: Iran offers `compromises` in nuclear talks, West unmoved

By Parisa Hafezi and Louis Charbonneau ANKARA/NEW YORK (Reuters) - Iran is pushing what it portrays as a new compromise proposal in nuclear talks, but Western negotiators say it offers no viable concessions, underscoring how far apart the two sides are as they enter crunch time before a Nov. 24 deadline. In the negotiations with six major powers, the Iranians say they are no longer demanding a total end to economic sanctions in return for curbing their nuclear program and would accept initially lifting just the latest, most damaging, sanctions. ...

Tuesday, October 21, 2014  06:26


World - U.N. would offer humanitarian support in Syria safe zones: Amos

By Jonny Hogg ANKARA (Reuters) - The United Nations would offer humanitarian assistance for proposed `safe zones` inside Syria even if they were created without a Security Council resolution, the U.N.`s top humanitarian official Valerie Amos said on Monday. An estimated 3 million people have fled Syria since 2011, when an uprising began against President Bashar al-Assad. About half of them are in neighbouring Turkey, which wants the zones to be set up in Syria close to the its border where civilians could be protected from the civil war. ...

Monday, October 20, 2014  17:15

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