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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
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.
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.
Golf’s ’rumble in jungle’ a downer
AUGUSTA, Georgia - The widely anticipated contest between Tiger Woods and Phil Mickelson, who have had a low-level feud simmering for years, on the grand stage of the Augusta Masters becomes ’disgusta at Augusta’ instead of ’rumble in the jungle’ as both fail to hit the heights
Alliance of Civilizations: A misplaced union
At first glance, the Alliance of Civilizations, or AoC, founded by Turkey and Spain in 2005, seems like a sensible and strategic undertaking. In the post-Sept. 11 world, it boldly promises to bring two clashing civilizations peacefully together. But this is a fundamentally incorrect assumption.
NATO at 60: Time for a new strategic concept
On the 4th of April NATO will celebrate the 60th anniversary of its birth. At their summit meeting in Strasburg and Kehl, heads of state and government of the allied nations will do more than merely celebrate NATO’s 60th birthday; they will also make important decisions about the alliance’s future.
Turkey Q4 GDP shrinks 6.2 percent, ups pressure for IMF loan deal
ISTANBUL - Turkey's economy shrank a larger-than-forecast 6.2 percent year-on-year in the fourth quarter, according to official data on Tuesday that added to pressure on the government to agree a long-delayed loan deal with the IMF. (UPDATED)