Merkel sees no urgent need to help Turkey financially

German Chancellor Angela Merkel made the comments at a meeting of the Christian Democratic Union party (CDU) on Aug. 20, 2018 in Berlin. (AFP/Tobias Schwarz)
Updated 20 August 2018
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Merkel sees no urgent need to help Turkey financially

BERLIN: German Chancellor Angela Merkel told her Christian Democrats (CDU) at a meeting that she saw no urgent need to offer financial aid for Turkey to ease its currency crisis, the conservative party’s general secretary said on Monday.
“She made it clear again that she sees no urgency at the moment for special aid for Turkey,” Annegret Kramp-Karrenbauer told reporters after the CDU board meeting attended by Merkel.


Indian jeweler Nirav Modi arrested in London: British police

Updated 20 March 2019
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Indian jeweler Nirav Modi arrested in London: British police

  • India had asked Britain in August to extradite billionaire jeweler Nirav Modi

LONDON: Fugitive billionaire jeweler Nirav Modi had been arrested in London on behalf of the Indian authorities, British police said on Wednesday.
India had asked Britain in August to extradite Modi, one of the main suspects charged in the $2 billion loan fraud at state-run Punjab National Bank, India’s biggest banking fraud.
Police said Modi, 48, had been arrested in the Holborn area of central London on Tuesday and was due to appear at London’s Westminster Magistrates Court on Wednesday.