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Turkish economy to begin growing towards end of 2009 Turkish state minister said on Thursday the Turkish economy would begin to grow towards the end of 2009.	Iraq approves BP oil deal, rejects other bids Iraq′s government approved a deal in which a BP-led group will develop its Rumaila oilfield, but rejected parallel bids from other companies for further fields because the firms wanted fees that were too high, a spokesman said on Wednesday.
GM, Ford suspend Russia production US car giants General Motors and Ford suspended operations on their production lines in Russia Wednesday as the deepening economic crisis squeezes Russian consumers′ demand for new cars.	Irish unemployment hits 13-year high of 11.9 pct Ireland′s unemployment rate hit a 13-year high of 11.9 percent in June as a deepening recession pushed the welfare lines to record lengths, the Central Statistics Office reported Wednesday.

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The UN takes charge to lead the world out of the crisis NEW YORK -- While discussions about economic “green shoots” continue unabated in the United States, in many countries, and especially in the developing world, matters are getting worse.	Energy minister: Shah Deniz, Nabucco are compatible Energy and Natural Resources Minister Taner Yıldız has said the Shah Deniz and Nabucco pipeline projects, both of which will carry Azeri natural gas to European markets via Turkey, are not alternatives to each other and that moving forward with one doesn′t necessarily require giving up the other.
13.8 pct economic contraction sparks comparisons to 2001 crisis When the Turkish Statistics Institute (TurkStat) released its first quarter economic growth figures, the stunning rate of contraction surprised even the most pessimistic economists.	Turkish textilers have high hopes for İstanbul Fashion Days İstanbul Ready-Wear and Apparel Exporters Association (İHKİB) Chairman Hikmet Tanrıverdi has set a high target to make İstanbul Fashion Days (IFD) one of the top three fashion weeks in the world by 2023.

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Exports continue to decline in June with no prospects of recovery Turkey′s exports continued to slide further, by 32.78 percent to $8.1 billion, in June 2009 over the same month of the previous year, the Turkish Exporters Assembly (TİM) has announced. The most recent data were announced yesterday in the southeastern Anatolian province of Mardin at a press conference convened by TİM President Mehmet Büyükekşi.

Gül to host ministers of Gulf countries in İstanbul Foreign ministers from six Gulf countries will have talks with President Abdullah Gül in İstanbul, a step forward in Ankara′s efforts to increase cooperation with the oil-rich region.

KKTC has more doubts over European court judge’s impartiality Hasan Erçakıca, spokesman for the Turkish Republic of Northern Cyprus (KKTC) Presidency, has stated that the relationship between the president of the European Court of Justice (ECJ), Vassilios Skouris, and the Greek Cypriot government was not just limited to being decorated with the government′s Grand Collar of the Order of Makarios III in 2006

Sweden tames high expectations over progress in Turkey talks Turkey′s European Union membership process should not be reduced to a debate on the number of negotiation chapters being opened during each rotating term presidency of the 27-nation bloc, the Swedish ambassador to Turkey said on Wednesday, when his country officially took over the rotating presidency of the EU for the next six months.