''Turkish Economy at High Risk, but not due to Gezi Protests,'' MIT Economist Says
The latest decision of the American Federal Reserve (FED) to end its asset purchases in 2014 has affected all developing markets, and particularly the Turkish economy, according to renowned MIT economist Daron Acemoğlu. “The Turkish economy is at greater risk right now, but this is not about the countrywideprotests,” Acemoğlu, a Turkish-American economist of Armenian descent, told a small group journalists on June 22, before giving a speech at Istanbul’s Bilgi University.
Turkish Airlines has been chosen "Best Airline in Europe", “Best Airline in Southern Europe” and awarded "Best Business Class Catering” in 2013 Skytrax World Airline Awards. As a world recognized brand associated with air travel excellence in 21st century by providing unique products to the world airline and airport industry through professional Audit and Service Benchmarking programmes of airlines, airline alliances, airports and related air transport product and service suppliers across the globe, Skytrax had become the world leader in ranking aviation offers. Assessing over 238 airlines and 148 airports based on passenger input, Skytrax publishes and ranks aviation providers based on these submissions.
The New York Times has said it accepts advertisements “from all advocacy groups who wish to share their opinions” in response to Turkish Prime Minister Recep Tayyip Erdoğan’s criticism over a full-page ad placed in the newspaper by Gezi Park supporters. “We publish this type of advertising because we believe in the First Amendment, which affords us the right to publish news and editorials, but just as important, guarantees the public’s right to be heard,” the New York Times said in a written statement to daily Hürriyet published on June 8. 
Hamdi Ulukaya, the Founder, President and CEO of Chobani, based in the United States, was last night named the Ernst & Young World Entrepreneur Of The Year 2013 at an awards ceremony held in Monte Carlo’s Salle des Etoiles. Hamdi was picked from among the 49 country finalists vying for the title across 47 countries, each of whom had already been named the Ernst & Young Entrepreneur Of The Year in their home countries. 
(CNN) -- World No. 1 Tiger Woods will take to the tee at the inaugural European Tour event in Turkey, a tournament with a bumper prize fund of $7 million. The Turkish Airlines Open will be played between November 7-10 and will form part of the new Final Series, the climax European Tour's big-money Race to Dubai. Fourteen-time major winner Woods first played in Turkey last year at the eight-man World Golf Finals, a precursor to this year's event being held at the Montgomerie Maxx Royal in Antalya. 
World Bulletin/News Desk - Although Turkey has made considerable progress in improving the quality of life of its citizens over the last two decades, it has ranked last among 34 nations based on a large number of criteria on the "Better Life Index" of the Organization for Economic Cooperation and Development (OECD). According to the OECD index, which is based on data from the United Nations, individual governments and other sources, the average household net-adjusted disposable income in Turkey is lower than the OECD average of $23,047 a year. A total of 48 percent of people aged between 15 and 64 in Turkey have a paid job, less than the OECD employment average of 66 percent. 
ISTANBUL — AP - Turkey has held a groundbreaking ceremony for the construction of a third bridge over the Bosporus Strait connecting the Asian and European sides of Istanbul. The eight-lane motorway and two-lane railway bridge, whose construction was inaugurated Wednesday, is expected to be one of the word’s widest suspension bridges.
Twin Falls, Idaho ( KMVT-TV / KTWT-TV ) In December 2012, Chobani expanded its nationwide network by opening its newest factory in Twin Falls. The company produces as many as 4.2 million cases of yogurt a week and that could be doubling. The yogurt company announced the future of the greek yogurt industry in Idaho. The largest yogurt production facility in the world is right here in the magic valley. The greek yogurt company Chobani plans on getting greek yogurt in the hands of students. "We're announcing were trying to get greek yogurt accepted into the USDA school nutrition program” said Senator Mike Crapo, Idaho. 
EDWARDS, Calif., May 15, 2013 /PRNewswire-USNewswire/ -- Sierra Nevada Corporation's (SNC) Space Systems Dream Chaser flight vehicle arrived at NASA's Dryden Flight Research Center in Edwards, Calif., Wednesday to begin tests of its flight and runway landing systems. The tests are part of pre-negotiated, paid-for-performance milestones with NASA's Commercial Crew Program (CCP), which is facilitating U.S.-led companies' development of spacecraft and rockets that can launch from American soil. The overall goal of CCP is to achieve safe, reliable and cost-effective U.S. human access to and from the International Space Station and low-Earth orbit. 
Turkish Prime Minister Recep Tayyip Erdogan on Wednesday attended a groundbreaking ceremony for the Turkish-American Culture and Civilization Center in Maryland. Speaking at the ceremony, Prime Minister Erdogan said that the multi-functional monument would be the honor of the (Turkish) nation. Erdogan thanked everyone who started the project for the center and those who purchased the land and developed the project. "I believe that this center would be a place visited by not only those who have come from Turkey but also friends living in the United States," Erdogan stressed. 
Istanbul 2020 is helping bring the Grand Bazaar of Turkey – including its hospitality and cuisine – to New York’s Grand Central Station for the 32nd New York Turkish Day. The Federation of Turkish American Associations decked the Grand Central Terminal with Turkish decorations and Istanbul 2020 branding, with Turkish food and souvenirs offered to visitors. One of the world’s largest covered markets – taking up more than 60 covered streets with 3,000 shops – Turkey’s Grand Bazaar dates back to the 15th century. 
Can’t get enough Turkish Food? For the first time ever, Federation of Turkish American Associations (FTAA) is launching the “Turkish Restaurant Week”. Some of your favorite restaurants in the Tri-State area will be offering a 15% discount between May 13th and May 20th. You can see the list of restaurants and print out the discount coupon at www.ftaa.org. 
