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Day: February 17, 2024
US stock exchanges rack up 5-week winning streak
ISTANBUL: Major stock exchanges in the US closed Friday with losses to end their fifth consecutive week of winning streaks.
The Dow Jones Industrial Average fell 145 points, or 0.37%, to finish the day at almost 38,628 as the blue-chip index lost 1.1…
Turkish company inks deal with Saudi Arabia’s Investment Ministry
ISTANBUL: Turkish company Tor Holding and Saudi Arabia’s Investment Ministry signed an agreement in Istanbul on Saturday during the Trkiye-Saudi Arabia Investment and Business Forum.
The agreement, which aims at a high level of cooperation, will furt…
Fitch affirms Azerbaijan’s rating at ‘BB+’ with positive outlook
ISTANBUL: Fitch Ratings affirmed Azerbaijan’s long-term foreign-currency issuer default rating at “BB+” with a positive outlook.
“The rating is supported by a very strong external balance sheet, the lowest public debt in the peer group, and financing…
South Africa welcomes UN court’s decision for Israel to ‘immediately’ implement provisional measures
ISTANBUL: South Africa on Friday welcomed the International Criminal Court’s (ICJ) decision for Israel to “immediately” implement provisional measures in Rafah in the southern Gaza Strip.
“The court has affirmed our view that the perilous situation d…
5-state veto power at UN Security Council has ‘no place in the 21st century,’ says Irish minister
ANKARA: The five-state veto power at the UN Security Council has “no place in the 21st century” and its misuse is spreading “anachronism,” the Irish foreign minister said on Saturday.
“The veto should go, in our view, it’s an anachronism,” Micheal Ma…
US definitely in ‘strategic competition’ with China, says Blinken
ISTANBUL: The US is in a “strategic competition” with China, Secretary of State Antony Blinken said Saturday, emphasizing the importance of actively participating in the “multilateral system.”
“If you’re not at the table in the international system, …
China calls for stepped up efforts to establish independent Palestinian state
ANKARA: China on Saturday called for accelerating efforts to establish an independent Palestinian state and for an end to the world’s “longest-lasting injustice.”
“Generations of the Palestinian people have been displaced, unable to return to their h…
Trkiye ‘neutralizes’ 6 PKK terrorists in northern Iraq
ANKARA: Turkish security forces “neutralized” six PKK terrorists in northern Iraq, Trkiye’s National Defense Ministry said on Saturday.
The terrorists were targeted in the Operation Claw-Lock zone, the ministry said on X.
The terrorist PKK is known …
Passing bill on support for Ukraine is ‘in vast American interest’: EU Commission chief
ANKARA: It is in the vast American interest to pass the bill on support for Ukraine, the president of the EU Commission said Saturday.
“I think we have done a big step forward by agreeing on a pound 50-billion package in the European Union for Ukrain…