Strong U.S. employment report brightens economic outlook
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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.
They are raising
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You may not read much about it, since
home business activity takes place quietly, but it's coming nonetheless. And people are getting tired of reporting to offices
where salaries are frozen and advancement opportunity is narrowing as people
hold tight to their current jobs. There is a coming home-business boom. Layoffs are increasing. Home-equity gains of the past few years provide the modest capital needed for
a home-based launch. All
of the elements are there to support this quiet boom.
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.
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"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.
The outlook now seems to be terrible. There
are several reasons for this: Ebooks are now in the doldrums. Not long ago, I, as well as many others, predicted an ebook boom. Few people are buying ebooks.
Nonfarm payrolls rose by 255,000 jobs after an upwardly revised 292,000 surge in June, with hiring broadly based across the sectors of the economy, the Labor Department said on Friday. In addition, 18,000 more jobs were created in May and June than previously reported.
Other details showed a rise in the labor force, which lifted the participation rate, or the share of working-age Americans who are employed or at least looking for a job, by one-tenth of a percentage point to 62.
Mining shed a further 7,000 jobs in July. Construction payrolls rose 14,000 following three consecutive months of declines. Manufacturing sector employment increased by 9,000 jobs in July after adding 15,000 positions in June.
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But it was also the first time in decades that major opposition parties joined a rally in support of the government in the nation of almost 80 million. Banners read "You are a gift from God, Erdogan" or "Order us to die and we will do it".
There are already opposition concerns that the restructuring of the military lacks parliamentary oversight and is going too far, with thousands of soldiers discharged, including around 40 percent of generals. Such solidarity may not last.
Amid the cooling of ties with the West, Erdogan is due to meet Russian President Vladimir Putin on Tuesday in St Petersburg for talks intended to end a period of tension after Turkey downed a Russian fighter jet near the Syrian border last November.
Even Erdogan's opponents saw his continued leadership as preferable to a successful coup renewing the cycle of military interventions that dogged Turkey in the second half of the 20th century. The brutality of July 15, in which more than 230 people were killed as rogue soldiers commandeered fighter jets, helicopters and tanks, shocked a nation that last saw a violent military power grab in 1980.
These places are scattered allover its mainland, the coastal area and several of its well-known islands. The first one was the admission of Greece into the European Union in 1981, and the second one, the return of Olympic games in Athens in 2004. Least to say, these are well developed urban areas with the air links and sea routes arriving in from and leading out to the entire globe. Greece property provides the buyers with an option to buy holiday homes, villas and apartments over a wide range of tourist places. There is no definite answer as to why this latest upsurge may have taken place in the Greek property market, but the analysts attribute two major geopolitical events for this transformation.
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