Jerusalem / AFP Prime Minister Benjamin Netanyahu on Sunday defended a new $38 billion US defence aid package against criticism Israel could have negotiated a larger sum had he not angered the White House. Speaking at the start of a cabinet meeting, Netanyahu said the deal was the “largest assistance agreement that the United States has ever provided to ...

  Bloomberg A meeting in Algiers at the end of September between OPEC and Russia — which together pump more than half the world’s oil — has raised expectations that a deal could be struck to boost prices. Oil is still trading at half its 2014 level amid a persistent global oversupply. While a production decline in the U.S. has ...

  ISTANBUL/ AP With summer drawing to a close, Turkey is counting the cost of a tough year that saw a string of terrorist bombings and the fallout from a diplomatic spat with Moscow that cut deep into the country’s crucial tourist trade. And then right bang in the middle of summer, the economic backdrop got more precarious after an ...