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Korea  Saudi Arabia  Syria  Taiwan  Thailand  UAE  USA  Yemen Markets keep sliding as central bank reduces interest rates In a move that took the markets by surprise, the Turkish Central Bank decided on Wednesday night to lower interest rates. Babacan sees more Iraqi involvement in anti-PKK fight ahead Foreign Minister Ali Babacan sounded confident yesterday that an agreement recently signed between the US and Iraq requiring Washington to withdraw its forces within three years will not have a negative impact on Turkey′s fight against the outlawed Kurdistan Workers′ Party (PKK), which has bases in Iraq. TOBB, Halkbank to extend YTL 1.5 billion in loans to small firms Turkish Union of Chambers and Commodity Exchanges (TOBB) President Rifat Hisarcıklıoğlu has announced that TOBB and Halkbank, a large public bank, will give low-interest loans in the amount of YTL 1.5 billion to small and medium-sized enterprises (SMEs). Market closures destroy investor confidence, SPK head says Stock exchange closures in Russia and Iceland during the last few months attempting to curb major losses have damaged confidence in their economies, the head of Turkey′s Capital Markets Board (SPK) has said. Obama reportedly wants Holder as attorney general The first black man elected US president is poised to name Washington lawyer Eric Holder as the nation’s first black attorney general -- a historic appointment but one with some potential political problems over a 2001 pardon. Indian navy hits pirate boat, gunmen seize more ships An Indian warship destroyed a pirate ship in the Gulf of Aden and gunmen from Somalia seized two more vessels despite a large international naval presence off their lawless country. French MEPs advised not to deal with history A report drawn up by a committee of academics has concluded that the French legislature should not make decisions concerning historical issues or the content of history textbooks, Turkey′s NTV news channel said yesterday. Peres: Turkey, Iran offer differing models Israeli President Shimon Peres said on Tuesday that Iran and Turkey offered different models for how the Muslim world deals with other countries. Iraq-Turkey-US committee meets on terror, Kurds included The Iraqi government announced on Wednesday that senior Iraqi, Turkish and US officials have decided to form a joint committee to combat the outlawed Kurdistan Workers′ Party (PKK), which has bases in Iraq. Environmentally friendly tourism businesses to be awarded ‘green stars’ The Culture and Tourism Ministry will soon begin awarding "green stars" to environmentally friendly tourism enterprises. Trade bridge between Turkey and Mid-Eastern Europe opens To boost trade between Turkey and countries from Central and Eastern Europe: That’s the intention of the Turkey - Mid-Eastern Europe Foreign Trade Bridge, organized by the Turkish Confederation of Businessmen and Industrialists (TUSKON). TUSKON trade fair offers something for everyone Businessmen representing more than 16 countries at the first-ever Turkish Confederation of Businessmen and Industrialists (TUSKON) Mid-Eastern Europe Trade Bridge seemed to be universally in high spirits when discussing the forum with Today’s Zaman, with many describing the event as the best fair they had ever attended. Turkey to get first Kurdish state channel after years-long ban Turkey to get first Kurdish state channel after years-long ban The Turkish state will begin broadcasts in Kurdish next year, signaling the end of an era in which the use of Kurdish was prohibited following a 1980 military coup. Interior Ministry concentrates on ‘back to village’ project The Interior Ministry has decided to make the Back to the Village and Rehabilitation project, which seeks to relocate individuals driven away from their villages in the Southeast due to terrorism, a priority in 2009. Public buildings for sale to attract Gulf capital In an attempt to develop new financial instruments to attract interest-sensitive Gulf capital, the government has almost completed its preparations for issuing rent securities, which will ensure their holders continuous rent revenue from state-owned buildings. Bahçeli says Alevism should be saved from ideological abuse The leader of the Nationalist Movement Party (MHP), Devlet Bahçeli, has said Alevism in Turkey, just like other religious beliefs, should be rescued from being used as a tool of political power by some groups. Analysts: Turkey should adapt to new equation in Iraq A provision of the recently signed US-Iraq agreement known as the Status of Forces Agreement (SOFA) envisages that the US will hand over full control of Iraqi airspace to Iraqi forces in less than two months’ time. Israeli gov’t playing with fire again A top Israeli court’s recent ruling giving a go-ahead for the construction of a museum in Jerusalem on a site that is now a Muslim cemetery which is no longer in active us has led to tension in the region and is likely to spark global reaction from Muslims around the world. TUSKON eyes $1 billion trade revenue from forum A number of high-level bureaucrats, government ministers and businessmen from Turkey and central and Eastern European countries are gathering today to mark the official opening of the first Turkey - Mid-Eastern Europe Foreign Trade Bridge Program at İstanbul’s Cevahir Hotel. Turkish exports to Central and Eastern Europe up 20 percent Parallel to exponential growth in the last decade in Turkey’s trade volume with other regions, the trade volume between Turkey and Central and Eastern Europe (CEE) countries has also experienced an upward trend, signaling a boost in the confidence of trading partners vis-à-vis economic cooperation with Turkey. Police seize 575 kilograms of heroin Turkish police confiscated 575 kilograms of heroin in the western province of Edirne on Monday. Ergenekon author convicted, court says Ergenekon is a mytha University rector among 36 detained in ‘Okyanus’ operation Baykal’s sharp U-turn on scarves raises eyebrows Turkey frets over untimely US pullout Powerful Indonesia quake kills 2, crumples homes World leaders urge fast action on financial crisis Natural gas negotiations continue between Turkey, Iran MARİFED aims to help entrepreneurs through crisis Fires ring Los Angeles thousands flee gutted homes Russia’s Medvedev calls for talks with Obama Tension blocks reform process Expectations high from DA Platform for reconciliation FM denies buying support in UN vote Slow Cyprus reunification talks dampen euphoria MİT report reveals PKK plans to kill general in Ankara Gülen movement seen as role model for Islamic world Turkish-Russian popular diplomacy now reflected at administrative level