G20 nations

Turkey and the United States have launched talks to discuss potential ways of cooperating against the Islamic State of Iraq and the Levant (ISIL) following a proposal by Washington to form an anti-terror coalition against the rapidly expanding jihadists.

All projections indicate that Turkey’s economy would eventually be harmed due to the eventual integration of the world’s two largest economies through the Transatlantic Trade and Investment Partnership (TTIP), the head of Turkey’s leading business club has warned.

Semantics are crucial in the functioning of the European Union. I learned this in one of the EU summits in the mid-1990s, which were a source of tension between Greece and Turkey at the time.

The five BRICS countries are due to create a development bank with USD 50 B in initial capital and an emergency fund, Brazil's President Dilma Rousseff announced.

At a summit staged in the Brazilian city of Fortaleza that kicked off just days after the World Cup finals, the emerging nations' leaders confirmed the project in which they had declared interest to pursue earlier in July.

Turkey wants to renew its customs union agreement with the European Union to boost the country’s economy, EU Minister Mevlüt Çavuşoğlu said July 9.

The European Union's highest court rejected on Thursday a German rule conditioning visas for Turks looking to reunite with their spouses to a basic knowledge of German.
      
The case was brought against Germany by Naime Doğan, who in January last year was refused a visa to join her husband, a 15-year German resident, by Germany's embassy in Ankara.
      

Turkey’s average per capita income now exceeded $19,000 based on purchasing power parity, meaning the country had reached 60 percent of EU and Japanese average level of prosperity, Deputy Prime Minister Ali Babacan has said.

Italy's Ambassador to Romania, Diego Brasioli on Wednesday revealed the priorities of Italy's Presidency of the EU Council, also saying the relations of the two states are "unique" and that there are no other states in Europe closer to one another as Romania and Italy.

Turkish Economy Minister Nihat Zeybekci has warned Turkey may pull out of a customs agreement with the European Union if the bloc finalizes Transatlantic Trade and Investment Partnership (TTIP) talks without Ankara.

Germany's Angela Merkel signalled her readiness on Wednesday to give EU states more flexibility within current budget rules to promote growth and job creation, but made clear she will push her choice of European Commission chief over British objections.