PARIS - Reports of a fall-out between Washington and Tel-Aviv concerning Jewish settlements cloud Israeli Prime Minister Netanyahu’s visit to France. The meeting between US Middle East envoy George Mitchell and PM has been postponed due to Israel’s refusal to freeze settlements, say reports while Israeli officials deny them.
ISTANBUL - The chairman of Mesa, a real estate investment trust, says the firm is postponing a planned initial public offering, or IPO, due to adverse market conditions, joining a growing list of Turkish firms that have done so. Global IPO activity has plummeted more than 60 percent last year and many firms are waiting for the end of 2009 to jumpstart activity
ANTALYA - With 21,000 homes ready to sell, Antalya could attract more foreign buyers if some of the impediments are removed, the local Chamber of Commerce says, citing the global economic crisis, the downfall of the US mortgage system and the worldwide decrease in home prices
ANTALYA - Fires in Turkey destroyed thousands of hectares of forests, but the Directorate of Forestry in various cities has already taken measures to stop fires. Authorities agree that forest fires occur by natural circumstances, negligence or deliberation and the necessary precautions should be taken