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Markets keep sliding as central bank reduces interest rates
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
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
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
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.