In an effort to root out Kurdish separatist guerrillas Turkey is stepping up its presence along its border of Iraq.
Cadbury Schweppes said it had agreed to buy Intergum of Turkey for $450 million to gain almost half of the country?s chewing gum market. Intergum, which has a 46 percent market share in Turkey, will be acquired from the Amram family, Cadbury said. Cadbury, which is based in London, is in the process of selling or spinning off its North American soft drinks unit, which makes Dr Pepper and 7Up.
Turkey has declared several areas near the border with Iraq to be "temporary security zones" in a sign of increasing activity by the military in its campaign against Kurdish rebels.
Hitting Kurdish rebels in northern Iraq carries political risks for Turkey.
NEW YORK (MarketWatch) -- Political turmoil has taken its toll on the Global Political Risk Index scores of Turkey and Ukraine, whose leaders have been mired in disputes for months, said Eurasia Group, as it released its June political stability rankings for 24 emerging markets.
Turkey's military high command is to introduce special security measures in three provinces close to the border with Iraq tomorrow, amid an intensive build-up of troops in the region ahead of a possible attack on Kurdish separatists.
Turkey sets up "temporary security zones" near its border with Iraq, where it has already deployed extra forces.
Turkey’s military high command is to introduce special security measures in three provinces close to the border with Iraq on Friday, amid an intensive build-up of troops in the region ahead of a possible attack on Kurdish separatists.
ANKARA, Turkey — Turkey has declared several areas near the border with Iraq to be “temporary security zones” in a sign of increasing activity by the military in its campaign against Kurdish rebels.
Turkey denied a report on Wednesday it had launched a major incursion into northern Iraq to crush Kurdish rebels, but a military source said troops had conducted a limited raid across the mountainous border.