The Top 10 Most Expensive Cities In America

Image New Yorkers may complain about paying $1,500 a month for a shoebox-sized apartment, but as it turns out, they don't have it so bad. New York is nowhere near the top of the list of least-affordable cities for moderate-income households, defined as those making 50 to 100 percent of that area's median income, according to a new study by the Center for Housing Policy and the Center for Neighborhood Technology. The groups compiled the list by calculating the share of income a middle-class household spends on transportation and housing. The study shows that top three most expensive cities for the middle class are Miami, FL; Riverside, CA and Tampa, FL, where the average middle-class household is spending more than 65 percent of their income on housing and transportation.

 

Clean Energy Partnership between Turkey and the U.S.

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Argonne National Laboratory, Chicago, IL.
The U.S. Department of Energy’s (DOE) Argonne National Laboratory will play a key role in a Clean Energy Partnership recently announced between Turkey’s Ministry of Energy and Natural Resources (MENR) and the U.S. Trade and Development Agency (USTDA). “We have enjoyed a longstanding partnership with Argonne National Laboratory and we look forward to working with them again as we address critical issues related to future energy use and developing clean energy technologies,” said Budak Dilli,

Inseparable Part of Milas

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The sign for Jewish Cemetery. (Photo by Nevzat Tufekci)

By Nevzat Çağlar Tüfekçi -
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Although it is widely known that Jews lived in Milas, an ancient city in southwestern Turkey, part of Muğla Province and it was the ancient capital of Caria and of the Anatolian Turkish Beylik of Menteşe, the territory of Milas district contains a remarkable twenty-seven archaeological sites. In the 18th and 19th centuries, the history of Jews in the region is older. 

Jews of Salonica and the Jewish Cemetery

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A tomb at Selanica Hortaci Mosque.

By Neval Konuk
Jews had no more than a walk-on role in the story of modern Greece’s appearance on the international stage.  Even as late as 1912, Jews made up the largest ethnic group in Salonica, Greece; and, Saturdays, which is the day of Shabbat, used to be a holiday on the pier.  A few Jews were wealthy businessmen; however, many others were porters, tailors, street vendors, beggars, fishers, and workers in the tobacco business.  The marks remaining from those days to our times are the gravestones with inscribed with Hebrew writing, which are scattered around.

Oldest Dwellers of Bursa: Jews

By Raif Kaplanoğlu
Although it is written in numerous sources that Jews had come to and settled in Istanbul and Bursa after being expelled from Spain during the reign of Ferdinard V, it is also indicated in several documents that Sultan Orhan, the second chief of the nascent Ottoman Empire, donated a channel of water to the Jew-house.  

Turkey Moves Up In World Steel Industry


The Turkish iron and steel industry is one of the biggest sectors when considering production, export and employment. The Turkish steel industry has shown a stable growth trend since 2001. Turkey’s crude steel production capacity reached around 34.1 million tons in 2008, up by 72% from 19.8 million tons in 2000.

The World's Second Largest Textile Investor: The Turkish Textile Sector

With the export figures it has reached and its qualified employment capacity, the Turkish textile sector is one of most important players in the world textile sector. After China, Turkey is the largest textile investor oriented towards textile machines in the world. It is estimated that investments in the textile and ready-made clothing sectors have reached a total of $150 billion.

Top Cities for Foreign Investors

Washington, DC– Despite a growing interest in Asia, U.S. real estate, by a wide margin, has risen to the top of the global property market among foreign investors, with New York City and Washington named the top two global cities for foreign investors’ real estate dollars according to the results of the 16th annual survey by the Association of Foreign Investors in Real Estate (AFIRE).

Turks Contribute $17B to California

Işıl Öz-San Diego* -
California resident Dr. Ertan Elmaağaçlı  finished his three and a half year DBA with a paper on “The Turkish Diaspora Who Live in California and Their Contribution to the Economy.” This research aims to present the Californian Turks in a better light as well as reveal their contribution to the local economy.
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