Election Lifts Market in Turkey
Conrad De Aenlle, New York Times, November 17, 2002 - An electoral landslide by a party known for its Islamist roots is an unlikely magnet for investment, but the triumph of the Justice and Development Party in Turkey has sent the country's stock market soaring. Turkish shares rose by about 50 percent in the weeks immediately before and since national elections earlier this month as it became apparent that the Justice and Development Party would have a large parliamentary majority. That is a rare event in Turkey, and the stability it heralded pleased investors. More

Turkey: Ankara To Resume Gas Imports From Iran
Michael Lelyveld, Radio Free Europe, Boston, 14 November 2002 (RFE/RL) - Turkey resumed its gas imports from Iran on 11 November, keeping a pledge made to Tehran a month ago. Reuters news agency quotes a spokeswoman for the Turkish state pipeline company Botas as saying this week that it had restored the gas flow from Iran after a cutoff on 24 June. Turkish officials initially blamed quality problems for the four-month-long stoppage, but they then bargained with Iran and struck a deal for cheaper gas prices on 9 October. More