Aria Bendix, provided by Published 8:25 am PST, Monday, January 21, 2019 A photo shows hundreds of houses part of the Sarot Group's Burj Al Babas project on December 15, 2018 close to the town centre of Mudurnu in the Bolu northwestern region. - The project to build 732 villas and a shopping centre -- which began in 2014 -- encountered difficulties as Sarot Group applied for bankruptcy protection. Sarot Group made the decision to apply for bankruptcy protection after some of their Gulf customers could not pay for the villas they had bought as part of the $200 million (175 million euros) project, Sarot's deputy chairman, Mezher Yerdelen, said. The villas are worth between $400,000 to 500,000 each. less A photo shows hundreds of houses part of the Sarot Group's Burj Al Babas project on December 15, 2018 close to the town centre of Mudurnu in the Bolu northwestern region. - The project to build 732 villas and a ... more … [Read more...] about There’s a $200 million abandoned village of Disney-like castles in Turkey. Take a look inside.
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The annual meeting of the World Economic Forum (WEF) will see the planet's political and business elites descend on the Swiss city of Davos this week. The Local takes a closer look. What’s the WEF? The WEF was set up in 1971 in Geneva by social entrepreneur Klaus Schwab. Independent and not-for-profit, it aims to bring political and business leaders together to help them collaborate on global challenges and find solutions. According to its 2017-18 annual report, the WEF’s revenue of 327 million Swiss francs (€288 million) went towards activities supporting engagement in the fields of digital economy, education, healthcare, IT, mobility, the environment and energy, among others. What happens at Davos? The WEF’s glitzy annual meeting, which runs from Tuesday to Friday this week, is being held for the 49th year. The gathering sees itself as the “foremost creative force for engaging the world’s top … [Read more...] about Davos 2019: What you need to know about ‘the world’s most exclusive business bash’
HUNDREDS of protesters filled the streets of Paris today as they clashed with police in the second weekend of demonstrations against rising fuel prices. Here's the latest on the violent protests in France. What are the France fuel protests? Motorists are demonstrating over the hike in fuel prices. In France, the cost of diesel has increased by around 23 per cent in the last year. It is the most commonly used fuel in French cars, but motorists are now paying €1.51 (£1.32) per litre when they fill up. It's the highest price for diesel in France since the early 2000s. World oil prices did rise before falling back again but the Macron government raised its hydrocarbon tax this year by 7.6 cents per litre on diesel and 3.9 cents on petrol, as part of a campaign for cleaner cars and fuel. The decision to impose a further increase of 6.5 cents on diesel and 2.9 cents on petrol on 1 January 2019 was seen as the final straw for drivers. On November 17, 2018, one protester was … [Read more...] about What are the France Fuel protests? What happened in Angers, how is Emannuel Macron involved and why are drivers on the warpath?
Angela Charlton, Associated Press Published 10:36 am PST, Saturday, November 10, 2018 President Donald Trump and French President Emmanuel Macron gesture during their meeting inside the Elysee Palace in Paris Saturday Nov. 10, 2018. Trump is joining other world leaders at centennial commemorations in Paris this weekend to mark the end of World War I. less President Donald Trump and French President Emmanuel Macron gesture during their meeting inside the Elysee Palace in Paris Saturday Nov. 10, 2018. Trump is joining other world leaders at centennial ... more Photo: Jacquelyn Martin, AP French President Emmanuel Macron, right, his wife Brigitte and President Donald Trump leave the Elysee Palace after their talks and lunch in Paris, Saturday, Nov.10, 2018. Trump is joining other world leaders at centennial commemorations in Paris this weekend to mark the end of World War I. less French President Emmanuel … [Read more...] about France’s Macron defends Europe from all sides — including US
FRANCE’S prime minister has warned of a new "Night of Broken Glass" after anti-Semitic attacks across the country soared by 69 per cent this year. Edouard Philippe made the claim on the 80th anniversary of the November 1938 pogroms in Germany when Nazis attacked Jewish businesses and synagogues. He posted on Facebook: "Every aggression perpetrated against one of our fellow citizens because he is Jewish sounds like a new breakage of glass." Although Philippe did not point to particular acts of physical violence, he made it clear that online hate crimes and related offences had risen significantly. Referring specifically to Kristallnacht – the Night of Broken Glass – Mr Philippe said: "Why remember, in 2018, such a painful memory? "Because we are very far from having finished with anti-Semitism. While [anti-Semitism] has been declining for two years, the number of these acts has increased by more than 69% in the first nine months of 2018." Philippe said that in relation … [Read more...] about France’s Prime Minister warns of new ‘Night of Broken Glass’ after anti-Semitic attacks soar 69 PERCENT