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Turkey is close to oil and gas beds thanks to its unique location, and therefore it has an increasing role in world energy diplomacy
Turkey, India seek nuclear energy ties Feb 08, 2008
Our goal is terrorism and the terrorist groups and not the Iraqi soil and nation
Turkey: No occupation of northern Iraq Oct 28, 2007
The patience of the Turkish government, parliament and nation has come to its end
Turkey: No occupation of northern Iraq Oct 28, 2007
I'm not talking about China levels...even Hungary, Poland, or even Slovakia levels...of $4 billion or $5 billion would have been goo
Turkey remains tied to IMF loans Aug 11, 2004
Ali Babacan (Turkish pronunciation: ; born 4 April 1967 in Ankara, Turkey) is a Turkish politician. On August 29, 2007, he was named Minister of Foreign Affairs of Turkey in the new cabinet of re-elected Prime Minister Recep Tayyip Erdoğan. Babacan succeeded Abdullah Gül, who became President. He was previously Minister of Economy in the 58th cabinet from the Justice and Development Party (AKP), which came to power in November 2002.
Babacan graduated from the TED Ankara College ranking first among the class of 1985. He attended the Middle East Technical University in Ankara and in 1989 was awarded a BSc in Industrial Engineering with the highest marks. He went to the U.S. on a Fulbright Scholarship to do postgraduate studies and in 1992 received an MBA from the Kellogg School of Management at Northwestern University in Evanston, Illinois, with majors in marketing, organizational behavior and international business.
Babacan worked then for two years as an associate at QRM, Inc. in Chicago, Illinois, a company doing financial consulting to the top executives of major banks in the United States. He returned to Turkey in 1994 and, served as chief advisor to the mayor of Ankara the same year. He was the chairman of his family owned textile company between 1994 and 2002.