Turkey will spend $5 billion on smart power grids by 2015 to boost network efficiency, allowing North American companies to expand, the U.S. government said. The U.S. sees “substantial opportunities for closer cooperation between the Turkish government and energy companies and U.S. companies that provide smart-grid technologies,” according to a statement from the consulate in Istanbul, which will hold a conference in the city tomorrow on grid investments. Turkey, forecasting annual power-demand growth of 6.3 percent in the next two decades, has already lured investors including General Electric Co. as its energy industry expands. The country is bucking the trend of most emerging European nations, where retail electricity use trails growth in incomes.

TEHRAN (FNA)- Iranian Deputy Minister of Science, Research and Technology Arsalan Qorbani announced that Tehran and Ankara plan to establish a joint university in the near future to further expand the two countries' scientific and technological cooperation. "Iran and Turkey's joint university will be set up in Iran's Tabriz city and Turkey's Wan city," Qorbani told FNA on Monday.

Taipei, Feb. 11 (CNA) Taiwan will use Mexico and Turkey as gateways to stepping up trade with the United States and the European Union, so as to reduce the impact of the free trade agreements (FTAs) between South Korea and the two major economies, according to the country's main trade promotion body. The Taiwan External Trade Development Council (TAITRA) said in a recent document that it will not only set up business centers in Mexico City and Istanbul, but also hold seminars and lead delegations to the two markets to further trade ties.

Kanter came off the bench and scored 17 points (one off his season high), tied his season high with 9 rebounds, while getting a career-best 5 blocked shots in just 17 minutes to help Jazz past Bucks in Energy Solutions Arena on Wednesday. Utah Jazz 100 - Milwaukee Bucks 86.