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By Nakiye A. Boyac
Roketsan Missiles Industries of Turkey and Sierra Nevada Corporation (SNC) have signed an MoU at Farnborough International Airshow to explore broad areas of cooperation in air and space. SNC offers five decades of experience as an integrator and innovator in aerospace, aviation and electronics. Roketsan provides customer solutions for a broad range of capabilities and services spanning land, air and maritime defence needs.
(MENAFN - The Journal Of Turkish Weekly) A U.S. court has ruled to start the trial of Reza Zarrab, an Iranian-born Turkish businessman who was arrested in Miami in March for attempting to evade U.S. sanctions on Tehran, on Jan. 23 next year. The decision on June 20 came after U.S. District Judge Richard Berman in Manhattan denied bail on June 16 to Zarrab, who had applied to live in a lavish Manhattan apartment on a 50 million bond with private armed guards before going on trial.
WASHINGTON- Lawyers for an Iranian-Turkish national arrested in March on charges of conspiring to evade U.S. sanctions against Iran have asked a federal court to set a $50 million bond for his release until trial. Reza Zarrab is one of three people charged in what prosecutors allege was a five-year scheme involving millions of dollars in transactions on behalf of the Iranian government and businesses. Iran has been under various U.S. economic sanctions since 1979 that bar transactions involving U.S. entities and those related to Iran and its government. Those are different from the more recent sanctions put in place in response to its nuclear program, which were lifted earlier this year. 
By Sue-Lynn Moses (insidephilanthropy.com) - Let me know if you’ve heard this one before: With around 60 million people forcibly displaced from their homes due to conflict, the world is currently in the midst of the worst refugee crisis in history. We know—we beat the drum pretty loudly here at IP to bring increased attention to the global refugee crisis—often highlighting those funders that are paying attention and questioning those that aren’t. While most U.S. funders haven’t lifted a finger to help the world’s refugees, there are some notable exceptions—most recently, Tent.org, which offers rapid response grants for immediate refugee relief operations through the $1 million Tent Challenge. Additionally, the organization has managed to bring a group of corporate funders together to take the Tent Pledge. 
Rumors have been flowing thick and fast around Greek-yogurt maker Chobani of late, as industry watchers have suggested that founder and CEO Hamdi Ulukaya could be headed for the door, to be replaced by an executive with more "operational" expertise. That's all misinformation and speculation, Chief Marketing Officer Peter McGuinness said in an interview with TheStreet. Chobani has grown quickly and is now the No. 1 selling yogurt brand in the U.S., which has led naturally to some inefficiencies. The company recently built its second factory, for example, and it's the largest yogurt-making facility in the world. 
Alex Sapir and Rotem Rosen?s Israeli public company, ASRR Capital, along with Suzer Group, the Turkish conglomerate led by the Suzer family, bought a large townhouse at 218 Madison Ave. that will be demolished for a 10-story luxury property. The venture paid $18.5 million for the site at the corner of E. 36th St., according to a report in the Israeli media. The plan of the venture is to develop 10 high-end, full-floor apartments, private underground parking, and a gym and spa for residents along with retail and a restaurant led by an important chef, sources said 
The Indy Eleven’s quest for funding for an $87 million downtown soccer stadium will resume Thursday, with Rep. Todd Huston, a Republican on the House Ways and Means Committee, expected to submit a bill with a funding measure for the facility. 
