A breakthrough Israel-Turkey deal following six years of acrimony will see Israel pay $20 million (18 million euros) in compensation for a deadly 2010 commando raid, Turkish Prime Minister Binali Yildirim said Monday. The deal will also see the two countries exchange ambassadors "as soon as possible," Yildirim told a press conference in Ankara. Israel has agreed to comply with two key Turkish conditions for a restoration in ties -- an apology for the commando raid on a Gaza-bound aid flotilla, which killed 10 Turkish activists, and compensation.
By William James LONDON (Reuters) - Britain's finance minister said on Monday the country's economy was strong enough to cope with volatility caused by its vote to leave the European Union, whose leaders demanded a quick divorce and promised no special treatment. With financial markets shaken by the shock outcome of Thursday's referendum, Chinese Premier Li Keqiang said uncertainties over the global economy had heightened and called for a "united, stable EU, and a stable, prosperous Britain". On the financial markets, the pound has come under siege and the euro has been struggling since the referendum, in which 52 percent of voters backed a British exit from the EU, or Brexit.