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Analysis of top property markets by PricewaterhouseCoopers finds London struggling to retain status as gold standard of real estate
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The eurozone crisis will dominate an EU summit on Monday, with an emphasis on growth and "smart" budget discipline.
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The World Economic Forum in Davos has ended with worries about the economy, but hopes that the eurozone crisis is under control.
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Following a year in which "people power" was the rallying cry from the Arab Spring to the Occupy movement, the annual World Economic Forum might seem an elitist anomaly.
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The second annual online Google Science Fair competition is getting even more global this year, allowing teenagers between 13 and 18 to submit entries in 13 languages for projects that could make a practical difference in the lives of a group or community.
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Who Will Survive After CES?

January 13, 2012 by  inc.com

The Consumer Electronics Show is great for getting buzz, but it's no guarantee for success for start-ups. Here's what it takes to survive after Las Vegas.
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European (SXXP) stocks advanced after Spain and Italy sold debt at lower borrowing costs, signaling continued investor appetite for euro-area securities. U.S. index futures climbed, while Asian shares retreated.
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Foreclosure filings and repossessions fell to their lowest level since 2007 last year. Total filings, including default notices and bank repossessions were down 33% for the year to 2.7 million, according to RealtyTrac, the online marketer of foreclosed properties.
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JPMorgan Chase & Co. (JPM), likely to keep the title of most profitable U.S. bank when it reports earnings tomorrow, has a West Coast rival closing in: Wells Fargo & Co. (WFC)
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International Business Machines Corp. (IBM) won a record number of U.S. patents in 2011, its 19th straight year on top, as some Asian competitors advanced in the rankings at the expense of Microsoft Corp. (MSFT) and Intel Corp. (INTC)
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China's export powerhouse is slowing down. Chinese exports increased 13.4% in December, the General Administration of Customs reported Tuesday. Aside from blips due to New Year holidays, that marked the slowest export growth since November 2009.
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You can't build a great business without nurturing from within. Meet the firms that are doing it right.
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Investors set aside their worries about Europe Tuesday after comments from credit ratings agency Fitch raised hopes for an end to the eurozone debt crisis late in the year.
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Facebook profiles don’t die the same way people do. If I Die is a Facebook app that makes sure, even if you die, your social self can still send out your last wishes and post messages to your friends years after you’re gone.
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Central Bank Governor Erdem Başçı said on Friday that the Turkish lira will be one of the strongest currencies of 2012 and will continue to appreciate throughout the year.
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Borrell Associates has come out with an extensive new report about small business (“SMBs”) and social media adoption. It contains forecasts and spending estimates as well as other data about SMB usage of social media as a marketing tool. by Greg Sterling
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The United States holds a disproportionate amount of the world's rich people.
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Turkey signed an agreement with Russia to allow a Russian natural gas pipeline to pass under Turkish Black Sea waters.
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Exports from Turkey increased 18.5 percent in November 2011 when compared to November 2010.
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After almost seven years, Saudi Arabia has lifted a ban on Turkish poultry imports that was put in place after a bird flu epidemic in 2005.
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The Justice and Development Party (AK Party) government on Wednesday formed a separate entrepreneurship body that it believes will facilitate the creation and implementation of new strategies to improve the spirit of entrepreneurship across the country.
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Microsoft’s Internet Explorer is still the world’s most popular browser, but it and Mozilla’s Firefox lost a lot of market share to Google’s Chrome in 2011, which is now firmly in second place.
Read Full News Story by mashable.com

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Activity in the eurozone manufacturing sector fell for the fifth successive month in December, but showed a slight improvement on the previous month, a closely-watched survey suggests.
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Revellers around the world are celebrating the end of 2011 and starting to see in 2012.
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The euro’s dramatic slide to the year’s lows in light trading is a likely prelude to more weakening in the New Year and highlights the long haul ahead for the euro zone’s debt crisis.
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The number of Americans signing contracts to buy previously owned homes rose more than forecast in November as falling prices and low borrowing costs boosted demand.
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onsumer confidence shot higher for the second month in a row in December, according to a survey from The Conference Board.
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The Google+ social network has topped 60 million users, according to Ancestry.com founder Paul Allen, who also made the bold prediction late Tuesday that Google+ would reach 400 million users by the end of 2012.
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Turkish Pipeline Corporation (BOTAŞ) Chairman Fazıl Şenel (L) and Gazprom CEO Alexei Miller sign an agreement on construction of the South Stream pipeline as Russian Prime Minister Vladimir Putin and Turkish Energy Minister Taner Yıldız look on, in Moscow on Dec. 28, 2011.
Read Full News Story by Today's Zaman

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Mortgage rates fall to record lows

December 28, 2011 by  CNN

Mortgage rates sunk to record lows again this week. The average rate on the 30-year fixed mortgage fell to 3.94%, matching the all-time low hit in early October, according to Freddie Mac's weekly mortgage rate survey. Meanwhile, 15-year fixed-rate loans hit a new record low of 3.21%, surpassing the record set on October 6.
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The Securities and Exchange Commission charged six former executives of Fannie Mae and Freddie Mac with securities fraud on Friday for misrepresenting their holdings of high-risk mortgage loans.
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The 42nd fastest supercomputer on earth doesn’t exist. This fall, Amazon built a virtual supercomputer atop its Elastic Compute Cloud — a web service that spins up virtual servers whenever you want them — and this nonexistent mega-machine outraced all but 41 of the world’s real supercomputers.
Read Full News Story by Wired.com

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More than 1,000 people are missing in the aftermath of a tropical storm that wreaked havoc across the southern Philippines last weekend, the country's government said Friday, as it grappled with the mounting humanitarian crisis in the region.
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Turkish Prime Minister Recep Tayyip Erdoğan has said Thursday's French vote on a bill that criminalizes the denial of the 1915 mass killing of Armenians by Ottoman Turks as genocide has clearly revealed the gravity of hostility against Muslims in France and Europe.
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The Armenia vote has provoked large amounts of sound and fury, but will this bill become law? For the time being the answer is quite clearly No.
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The European Central Bank is lending 489 billion euros ($639 billion) to the continent's banks for an unprecedented three years in an effort to bolster Europe's stressed financial system.
Read Full News Story by Today's Zaman

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The story behind the news pictures

December 21, 2011 by  BBC

In the third of a week-long series by guest bloggers, photographer Matt Dunham looks back at his year covering the biggest news stories for the Associated Press news agency(AP).
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Yesterday, Facebook rolled out its new Timeline feature to the masses. This ultra-illustrative, chronological listing of posts, photos, shared links, check-ins, and more is a radically different arrangement than the Facebook profile you’ve been used to.
Read Full News Story by Wired.com

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Muted ceremony marks end of Iraq war

December 17, 2011 by  CNN

America's contentious and costly war in Iraq officially ended Thursday with an understated ceremony in Baghdad that contrasted sharply with its thundering start almost nine years ago.
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Flash floods sparked by a tropical storm in the southern Philippines have killed at least 180 people and left hundreds missing, officials say.
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Turkey's unemployment rate continued to fall, with the country's unemployment registering at 8.8 percent in September 2011, according to data released by the Turkish Statistics Institute (TurkStat) on Thursday.
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A French court found former President Jacques Chirac guilty in a historic verdict Thursday of embezzling public funds to illegally finance the conservative party he long led, and handed him a suspended prison sentence.
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Federal Reserve Chairman Ben S. Bernanke signaled he’s concerned Europe’s crisis will hobble a 2 1/2-year U.S. expansion that may need another boost from the central bank.
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Unemployment is the world's fastest-rising worry, a BBC World Service survey covering 11,000 people in 23 countries suggests.
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European leaders have thrashed out a new deal aimed at ending months of uncertainty over the future of the euro and resolving an escalating debt crisis that has pushed several economies to the brink of collapse.
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Tommy Caldwell climbing El Capitan. Caldwell updated his progress on Facebook using his iPhone.
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A few weeks ago, I wrote about avoiding social media failures. I briefly mentioned our company's "Failure Wall" and was surprised by the number of comments and questions I received about it. What's the purpose? How does it work? And what other kinds of things do you do in that crazy office of yours?
Read Full News Story by Harward Business Review

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Eurozone deal reached without UK

December 09, 2011 by  BBC

Most EU members have agreed to press ahead with a tax and budget pact to tackle the eurozone debt crisis.
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Turkey's exports have reached $133.97 billion in the past 12 months, indicating that the country has now broken a new record with the highest level of exports in the history of the republic, Economy Minister Zafer Çağlayan said at a meeting in Ankara on Thursday.
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Last week, in writing about the top social media influencers I was struck by the sheer scale of connectivity that leading influencers create for themselves....
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Twitter is revamping the service with personal Twitter profile pages, a new timeline that includes rich media and other related information embedded into tweets, and easier search for information based on @ symbols (usernames) and hash tags. Talking at Twitter's unfinished new headquarters building in San Francisco, founder Jack Dorsey and CEO Dick Costolo explained that the changes are meant to make Twitter more accessible to everybody.
Read Full News Story by BusinessInsider

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Ken Patchett ran Google’s Asian data centers for more than a year and a half, and he says it’s “B.S.” that the company treats its computing facilities as trade secrets jealously guarded from the rest of the world.
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Graph: How long it took Facebook, Twitter and Google+ to reach 10 million users
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The end of the European dream?

July 04, 2011 by  CNN

The end of the European dream?
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the Turkish economy was the world's fastest growing economy in the first quarter of 2011, followed by Argentina with 9.9 percent and China with 9.7.
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Try this for a day: don't answer every phone call. Stop checking your email every two minutes. And leave work early. You'll be astounded at how much more you'll get done. According to a study published in the Psychological Review conducted by Dr. K. Anders Ericcson, the key to great success is working harder in short bursts of time. Then give yourself a break before getting back to work.
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NEW YORK (CNNMoney) -- Oil prices breached the $100-a-barrel mark Wednesday after OPEC said it could not reach an agreement about raising crude production. U.S. crude jumped $1.65, or 1.7%, to settle at $100.74 a barrel. Oil prices were trading down about $1 just before the OPEC announcement. The price of brent crude - the European benchmark - rose 1.1% to $118.07 a barrel.
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Jobs To Cupertino: We Want A Spaceship-Shaped, 12K Capacity Building As Our New Apple Campus by Alexia Tsotsis
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EBay said it is buying the rest of e-commerce platform Magento, which it previously had a 49 percent stake in, in a bid to build a broader commerce operating system that spans online, mobile, social and local. In effect, eBay is looking to be the go-to resource for online and offline retailers, helping connect them to consumers. By Ryan Kim
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(FT) -- Internet entrepreneurs confronted their would-be regulators in Deauville on Thursday as the leaders of Facebook, Google and other technology companies warned the G8 leaders to tread carefully in attempting to police the web.
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Turkey and American company Sikorsky will produce choppers in Turkey and start exports as soon as possible to third countries as Turkey aims to acquire know-how in the defense field with this project in order to make the country a potential helicopter production hub.
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Google Inc. was sued by PayPal Inc., the fastest-growing unit at online marketplace EBay Inc. (EBAY), over claims it misappropriated trade secrets from PayPal’s mobile- payment business.
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San Francisco (CNN) -- Google wants to replace your wallet with a phone. The underlying technology isn't actually that different from a credit card, but just make sure to keep the battery charged.
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Facebook founder Mark Zuckerberg and Google boss Eric Schmidt have warned governments worldwide not to over-regulate the internet.
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Folkart Towers, the second tallest twin towers in Turkey and fifth in Europe, will be built in Izmir, western Turkey. The 200-meter high and 40-storey towers will cost $150 million.
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French Finance Minister Christine Lagarde speaks with former IMF head Dominique Strauss-Kahn during a conference in Paris in this June 16, 2010 file photo. Lagarde entered the race on Wednesday to head the IMF and succeed Strauss-Kahn
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Turkey has officially announced its bid for a new term at the UN Security Council declaring its candidacy for a non-permanent seat in the influential body for 2015-2016.
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The rising number of Turkish executives directing international organizations in different fields from diplomacy to commerce has been a matter of discussion recently especially after three Turks are speculated for the top post at the International Monetary Fund (IMF) after the IMF chief was arrested, and eventually resigned from the post, on charges of sexual assault.
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Turkish Aerospace Industries (TAI) and Lockheed Martin unveiled the first of 30 new Turkish-built F-16s in ceremonies on Tuesday at TAI's facility near Ankara.
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A large-scale regional survey conducted by İstanbul's Fatih University has unveiled that citizens of neighboring countries see Turkey's rapid drive toward democratization as an opportunity and asset for their countries, hailing Turkey a regional leader while dismissing claims that the country's growing clout was a threat to their national security.
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The European Union will begin implementing visa liberalization for Turkish citizens as of July as the number of documents required for Schengen visa will be minimized and the duration of application would be no longer than 15 days.
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Today's Zaman : eMarketTurkey to increase awareness of Turkish companies
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Turkey's economy registered a growth rate of 8.9 percent in 2010 over the previous year, well-above the government’s target of 6.8 percent and higher-than market expectations of about 7.5 percent.
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Turkey's exports were up by 22.8 percent in March 2011 compared to the same month of the previous year, rising to $11.7 billion year-on-year, the Turkish Exporters' Assembly (TIM) announced.
Read Full News Story by Turkish Diary

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Turkey’s national carrier, Turkish Airlines (THY), has signed an agreement with US aeronautics giant Boeing to buy 15 Next-Generation 737 airplanes.
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Germany’s resistance to expanding a euro zone bailout fund and easing Greece’s debt burden seems to be softening as it scents a grand bargain in which European states would commit to tough German-style economic reforms.
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