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Kadıköy mural brightens church wall and community
ISTANBUL - Last week foreign and local artists put their brushes together to give a church wall and its neighborhood a facelift. Where graffiti once adorned the 27-meter stretch, now a collage of Kadıköy monuments remind passersby to slow down and enjoy all Kadiköy has to offer
Kadıköy mural brightens church wall and community
ISTANBUL - Last week foreign and local artists put their brushes together to give a church wall and its neighborhood a facelift. Where graffiti once adorned the 27-meter stretch, now a collage of Kadıköy monuments remind passersby to slow down and enjoy all Kadiköy has to offer
Foreign investment waits for aftermath
ISTANBUL - Turkey will see an increase in foreign direct investment after the global turmoil, says the chief economist of Yapı Kredi. The country needs an investment climate proper for financing half of its current account deficit via foreign inflows, Cevdet Akçay says
Brewing a future from tea tourism
RİZE - Turkish people are well known for their thirst for tea and now a tea company is looking to take advantage by launching a travel trend: tea tourism. The first of such tours takes off for northern Turkey this summer. Visitors will have a day of picking tea leaves and then the opportunity to observe closely as leaves are made ready for our pots
Cyprus exercises stir Greek protest
NICOSIA - Turkey and Turkish Cyprus begin a search and rescue exercise off the northeastern coast of the divided island, sparking a new row with the Greek Cypriots. Turkish Cypriot officials deny the maneuvers are a show of force, but Greeks protest the military drills at the UN and EU.
Famed investor Buffettdoubles munibond stake
NEW YORK - Berkshire Hathaway, the company of Warren Buffett, the man whose investment decisions are followed closely by many, doubles its municipal bond holdings amid record swings in the value of securities. Berkshire increases its investment debt issued by US states and local governments to more than $4 billion as of March 31.
Futurists predict new youth vocations
ISTANBUL - The financial downturn and the consequent lack of job opportunities has made it difficult for youths to see their future, but such obstacles have not stood in the way of the vision of futurists, who anticipated new types of vocations in the launch of their "future talks" series at Istanbul’s Bahçesehir University.
Huge collection in historical house
ISTANBUL - The southeastern city of Gaziantep's well-known couple Füsun and Kamer İşsever own the second-largest collection of glasswork in Turkey. The couple display their ancient glasswork as well as other significant archeological pieces in their house/museum of culture and art.
Mexico hopeful of containing flu
MEXICO CITY - While Mexico says the swine flu epidemic that also hit Europe, Middle East, and Asia Pacific regions is coming under control with fewer serious cases and drop in mortality rate, Spain becomes the hardest-hit European nation with 40 confirmed cases of the epidemic.
New index displays malls as rising force
ISTANBUL - The Association of Shopping Center Investors and Akademetre Research introduce Turkey’s first ’Shopping Centers Index.’ The index encompasses 35 shopping centers in Istanbul and Anatolian cities, shedding light on monthly visitor figures, revenues and employment
Whiskey-making on Bourbon Trail tours
LORETTO, Kentucky -Kentucky produces more than 95 percent of the world's bourbon. Kentuckians like to brag about their whiskey and distillery tours along the Kentucky Bourbon Trail let that them show off the craft of turning grains and other ingredients into fine whiskey. Visitors get a glimpse of production from start to finish
Discovering a culture to dissipate prejudices
ANKARA - In a survey carried out to determine the attitudes of university students toward Armenians, it is found that for 44 percent of 3,095 students surveyed the word ’Armenian’ has negative connotations. However, the majority would prefer opportunities to interact more with them
Global ordeal tests Turk banks
ISTANBUL - Turkish banks, led by six majors including Akbank, Garanti, İşbank and Yapı Kredi, have proven their resilience during the global financial crisis, but the overall slowdown in the economy is inevitably affecting them. As they prepare to announce first quarter results, analysts expect a drop in profits. Non-performing loans will be one of the causes.