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Turkey Cuts Investment Criteria for Foreigners Seeking Citizenship

Turkey on Wednesday made it easier for foreigners to become Turkish citizens by cutting the financial and investment criteria required for citizenship, according to a decree from President Recep Tayyip Erdogan.

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Iran Hails 'Responsible' Turkey-Russia Deal on Syria's Idlib

Iran's foreign minister on Tuesday hailed an agreement between Turkey and Russia to avert an assault on Syria's last major rebel stronghold in Idlib province as an example of "responsible diplomacy."

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Russia Says No Syria Assault as Putin, Erdogan Agree Idlib Plan

Moscow said Monday there would be no assault on Syria's Idlib as the leaders of Russia and Turkey agreed to create a demilitarized zone around the Syrian rebel-held province.

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Turkey Inflation Surges to 15-Year High in August

Inflation in Turkey rose again in August to nearly 18 percent, official statistics showed on Monday, a record since late 2003 and coming after the Turkish lira dramatically weakened against the US dollar last month. 

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Shots Fired at Gate of U.S. Embassy in Turkey, But No One Hurt

Shots were fired at a security booth outside the U.S. Embassy in Turkey's capital early Monday, but U.S. officials said no one was hurt.

Private Ihlas news agency said four to five rounds were fired from a moving white car and targeted the booth outside Gate 6 at the embassy in Ankara. Police were searching for the car.

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S&P Cuts Turkey Debt Rating Further, Projects 2019 Recession

Global ratings agency S&P on Friday cut Turkey's debt grade for the second time in four months, moving it further into junk territory and predicting the country will go into recession next year.

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Turkey Says Will Respond if U.S. Imposes More Sanctions

Turkey on Friday threatened to respond if the United States levied further sanctions over the detention of an American pastor, which has sparked a diplomatic standoff and battered the Turkish currency. 

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Turkish Lira Rebounds after Qatar Pledges $15 Billion

The Turkish lira is rebounding from record losses a day after Qatar pledged US$15 billion in investments to help Turkey's economy.

The currency strengthened some 3 percent against the dollar on Thursday, trading at around 5.75 per dollar, hours before Turkey's treasury and finance minister were scheduled to reassure international investors about the economy.

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Turkey Crisis Risks Souring Military Ties with US

The crisis in US-Turkish relations, which already has put Turkey's economy under massive strain, also risks souring military ties between the two NATO allies, unleashing unknown geopolitical consequences.

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Turkey Lira Crashes as Trump Piles on Pressure

The embattled Turkish lira tumbled almost 20 percent to new record lows against the dollar on Friday as strains with the United States intensified, but President Recep Tayyip Erdogan defiantly proclaimed Turkey would emerge victorious in an "economic war."

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