Geography of Asia

US, Iran see progress in nuclear talks, but ways to go

The United States and Iran said Feb. 23 they had made progress in the latest round of talks on Tehran's nuclear programme, but warned there was still a long way to go to seal a final deal.
      
Negotiators for Iran and six world powers had been meeting in Geneva since Friday, and plan further talks in Switzerland next week, a senior US administration official said.

Largest problem in world economy is credibility deficit, says Deputy PM Babacan

The global economy's largest problem is a credibility gap, rather than budget deficits, said Deputy Prime Minister Ali Babacan at the first B-20 meeting abroad during Turkey's G-20 presidency.

"The more rapidly we close this credibility gap, the faster we all build confidence. This will bring all of us robust and sustainable growth across the world," he said on Feb. 22.

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