Ankara is considering entering into a free trade agreement with Russia as soon as next year, Turkish Trade Minister Bulent Tufenkci told RIA Novosti. The two countries want to restore trade and economic relations following a dispute over the downing of a Russian jet last year. Source: RT
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U.K. lender Barclays reported a net loss of £1.21 billion ($1.58 billion) for the first half of 2017, hit by the fall in sterling, a charge from the mis-selling of payment protection insurance and a loss from the sale of its Africa unit. Source: CNBC
Russia ordered the U.S. to slash hundreds of embassy and other personnel in the country in a dramatic and sweeping retaliation to the passage of a new sanctions bill in the U.S. Congress. Source: Bloomberg
Japan will impose additional sanctions on North Korea for its weapons programs, Foreign Minister Fumio Kishida said on Friday, just hours after the U.S. Senate also voted for new sanctions on the secretive state. Source: Yahoo!News