“If they [Turkey] threaten our country, they will meet with our response and they will know that we shall not make concessions in the name of diplomacy on issues of national sovereignty,” Kammenos said in a radio interview Thursday. Source kathimerini
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Oil was on course for its largest third-quarter gain in 13 years as prices rose on Wednesday after the Iraqi oil minister said that OPEC and its partners are considering extending or deepening output cuts aimed at reducing a global supply glut. Brent crude futures were up to $55.62 a barrel. Source: Al Arabiya
Swedish auto maker Volvo is doubling its investment in its first U.S. plant to a total of $1 billion, a bet that its nascent comeback in the U.S. market has staying power. Volvo will add a second production line to a factory under construction near Charleston, a Volvo spokesman said. Source: The Wall Street Journal
Hungary will launch a ‘national consultation’ on US-Hungarian financier and philanthropist George Soros, government spokesman Bence Tuzson said Tuesday, six months before expected general elections next April. Source: Euobserver