Turkey

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The fortunes of Turkey's troubled Cukurova Group were once more in the headlines this week, as a deal was announced that leaves their major bank in another's hands.
The Turkish railway authorities' hopes of beginning 2005 with a clean slate after last year's rail disasters proved short lived last week, with the derailment of a freight train just 200 metres from Ankara's mainline station.
News that a new mortgage law may be on the way to the statute books was widely welcomed this week, as property analysts and macroeconomists alike forecast a highly positive future, if and when the reform comes into place.
OBG talks to Recep Tayyip Erdogan, Prime Minister of Turkey.
With the announcement earlier this week that the privatisation of Abu Dhabi's electricity generating and distribution sector was set to accelerate over the next six months, investors and analysts were widely predicting spin offs from this in a number of related sectors.
As the first visit of a Russian leader in 32 years, President Vladimir Putin’s touch down in Ankara last week came as something of a boost to Turkish-Russian relations.

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