Strong U.S. employment report brightens economic outlook
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.
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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.
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�The sudden surge in tourist numbers is providing a welcome economic boost for the myriad of Krabi hotels and resorts, from budget backpacker hostels in Railay Beach to the luxury resorts in Ao Nang, who are all witnessing a huge growth in occupancy rates. Tourists have been flocking to Krabi for many years, but this year they appear to be arriving in ever increasing numbers, keen to explore the breathtaking scenery and enjoy the exhilarating sporting and leisure activates on offer in this beautiful province. So what is the reason for this sudden influx of tourists to Krabi in 2011, particularly during such a challenging global economy
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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.
"We're here to show that theses flags won't come down, the call to prayer won't be silenced, and our country won't be divided," said Haci Mehmet Haliloglu, 46, a civil servant who traveled from the Black Sea town of Ordu for the rally.
Last month's strong jobs growth should reinforce the Fed's confidence in a labor market that officials view as at or near full employment. Fed Chair Janet Yellen has said the economy needs to create just under 100,000 jobs a month to keep up with population growth.
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The average workweek increased by 0. 5 hours in July, the most since January. With both hours and hourly earnings rising, workers' take-home pay shot up 0. 3 percent increase in average hourly earnings left the year-on-year gain at 2.
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