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Erdoğan aims to show Turkey doesn’t need IMF

Turkish Prime Minister Recep Tayyip Erdoğan, who hosts the International Monetary Fund/World Bank annual meeting, wants to show that his $600 billion economy can survive the global crisis without IMF money. Turkey has been the fund’s biggest borrower this decade, drawing about $43 billion to help recapitalize more than 20 …

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Georgian President dissatisfied with Tagliavini commission’s interpretations

Georgian President Mikhail Saakashvili is surprised at inconsistency of the Tagliavini Commission. Recognizing the presence of Russia’s regular troops in the Georgian territory, particularly in the Tskhinvali region, the commission still did not name Russia as the aggressor, Saakashvili added. “The Commission recognized that the foreign country’s armed forces have …

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