Difference between revisions of "Turkey s Erdogan stages mass rally in show of strength after coup attempt"

Revision as of 19:14, 4 September 2016

More than a million Turks gathered in Istanbul on Sunday for a rally called by President Tayyip Erdogan to denounce a failed coup - a show of strength staged in the face of Western criticism of widespread purges and detentions.

The biggest recent factor to fuel this boom came on September 11. The attack has also dramatically increased our desire
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Erdogan, a polarizing figure seen by opponents as intolerant of dissent, has invited the heads of the secularist and nationalist main opposition parties to address the crowds in a display of national unity in defiance of Western criticism.

inflation and a global economic growth slowdown. central bank raised interest rates for the first rise in nearly a decade last December, but since then has held rates steady amid concerns over persistently low U.

In earlier down cycles, while collar workers were
immune to layoffs as companies trimmed blue-collar manufacturing jobs. We can thank the last major down cycle for taking the stigma out of home
enterprises. Suddenly the home enterprise was legitimate. The early-to-mid 1980s saw corporations laying off while collar
workers for the first time. The
laid-off white collar workers became consultants and worked from home. Running a company from your
spare bedroom no longer meant you spent your day holding Mary Kay and
Tupperware parties.

-based cleric Fethullah Gulen, whose followers in the security forces, judiciary and civil service he accuses of orchestrating the attempted power grab and of plotting to overthrow the state. Erdogan has vowed to rid Turkey of the network of U.

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Retail sector employment increased by 14,700 jobs and payrolls in the leisure and hospitality sector rose by 45,000. Professional and business services, a high wage sector, added a strong 70,000 jobs last month, the most since last October.

"Erdogan has been brutal and unfair to us in the past, but I believe he has now understood the real importance of the republic's values," said Ilhan Girit, 44, a musician and CHP supporter, carrying a flag of Mustafa Kemal Ataturk, founder of the modern secular republic.

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Provided the strength in jobs is confirmed with other economic data, the Fed will have sufficient reason to hike (rates) this year," said Michelle Meyer, a senior economist at Bank of America Merrill Lynch in New York. "The July jobs report was everything you could have asked for and more.

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