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Turkey detains 10 former admirals for protest over Istanbul canal plan

Turkey's President Recep Tayyip Erdogan said a letter from 10 former admirals criticising his government's canal project had 'coup' like implications. /CFP Turkey has detained 10 retired admi

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Turkey's Erdogan pledges human rights reform ahead of key EU summit

Turkish President Tayyip Erdogan speaks during a meeting to unveil the Human Rights Action Plan, Ankara, Turkey. March 2/ Reuters Turkey's President Recep Tayyip Erdogan has pledged to improve

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Shell profits plunge, chip shortages and Kuaishou prepares flotation

"2020 was an extraordinary year ... We are coming out of 2020 with a stronger balance sheet, ready to accelerate our strategy and make the future of energy".Those were the words of Royal Dutch Shell

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Cash to remain legal tender in Europe after landmark ruling

The European Court of Justice ruling means vendors across the eurozone must accept cash payments. /Adrian Assalve/Getty images Cash will remain a legal form of tender for goods and services ac

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Why is the gold price rising?

In times of uncertainty, gold acts as a hedge against yields on government borrowing and inflation expectations. /Getty via VCG Gold is again riding high on the world's commodity markets, topp

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Turkey expands lira swap facility with Qatar in $10bn deal

The lira hit a record low of 7.49 to the dollar earlier this month. /VCG Qatar has thrown a lifeline to the COVID-19-hit Turkish economy by agreeing to increase its currency swap facility.The

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WHO admits chance of COVID-19 reinfection 'is an unknown'

02:07 The latest World Health Organization (WHO) briefing on the coronavirus pandemic has underlined confusion over the risk of reinfection from patients who may appear to have staged

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Is Greece flouting refugee law by suspending new asylum claims?

The Greek authorities have suspended new asylum claims for a month amid chaotic scenes on its land border with Turkey, as refugees attempt to cross to the European Union. The United Nations claims ar

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Locals clash with police at site of new Greek island migrant camps

Residents of Lesbos and Chios have clashed with security forces amid protests over plans to build new migrant camps on the Greekislands.Tear gas was fired on locals attempting to stop riot police dis

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Why is COVID-19 spreading so fast across Italy?

03:21 In Europe, fears about the rapid spread of COVID-19 are focused on Italy, where 10 people are now confirmed dead and the virus has spread as far as Sicily. Whole towns in the nor

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Turkey and Italy call for permanent Libya ceasefire after Ankara talks

Italian Prime Minister Giuseppe Conte, left, and Turkish President Recep Tayyip Erdogan held bilateral talks in the Turkish capital Ankara. (Credit: AP/Burhan Ozbilici) Turkish President Recep