Turkey arrests 16 people in graft probe; including ministers' sons

ANKARA Sat Dec 21, 2013 2:41am EST

ANKARA Dec 21 (Reuters) - Sixteen people were arrested in Turkey on Saturday, including the sons of two cabinet ministers and the general manager of state-owned Halkbank, during a corruption investigation, CNN Turk and other media reported.

Scores of others have already been detained in the inquiry, which poses the biggest challenge to Prime Minister Tayyip Erdogan's decade-long rule.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.