Israel to pay Turkey $20 million in compensation after six-year rift
- Apple (AAPL) Tops Q4 EPS by 2c; Issues Solid Outlook
- Wall Street slips on earnings; Apple falls late after results
- Chipotle Mexican Grill (CMG) Posts Q3 EPS of $0.27; Comps Miss Views; Additional Stock Buyback Approved
- Pandora (P) Misses Q3 EPS by 1c, Q4 Revenue Guidance Falls Short
- After-Hours Movers 10/25: (OGXI) (AKAM) (VRTX) Higher; (EW) (NUVA) (CMG) (AAPL) Lower (more...)
Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here.
ANKARA (Reuters) - Turkish lawmakers on Wednesday submitted to parliament a settlement deal with Israel that would see Israel pay Ankara $20 million within 25 days in return for Turkey dropping outstanding legal claims, ending a six-year rift.
Relations between the two countries crumbled after Israeli marines stormed a Turkish ship in May 2010 to enforce a naval blockade of the Hamas-run Gaza Strip, killing 10 Turks on board.
Israel had already offered its apologies for the raid. Both countries are to appoint ambassadors, and Turkey is to pass legislation indemnifying Israeli soldiers as part of an agreement partly driven by the prospect of lucrative Mediterranean gas deals.
(Reporting by Gulsen Solaker; Writing by Ece Toksabay; Editing by David Dolan)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Angola's Dos Santos faces court inquiry over naming daughter to head state oil firm
- South Africa's Zuma admits he is 'implicated' in graft report: eNCA TV
- Singapore September factory output exceeds forecasts, weak demand clouds outlook
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!