Tito’s secret atomic shelter in Bosnia takes visitors back in time

KONJIC – Anadolu Agency A secret shelter constructed by former Yugoslav President Josip Broz Tito against a potential nuclear strike in the southern Bosnian city of Kojnic has been taking travelers on a journey back through time since opening in 2001. The shelter, understood by the code name “Istanbul,” was finished in 1969 during the Cold War after a quarter …

Deutsche Bank CEO apologises for 'serious mistakes'

Frankfurt THE chief executive of Deutsche Bank apologised on Thursday in particularly contrite periods for the long record of misdeeds that tarnished the German lender’s standing and cost it billions of euros in fines and resolutions, including that bonuses of top managers would be cut.

Deal or no deal: Allianz CEO confronts 3b-euro selection on M&A

Allianz SE CEO Oliver Baete has 3 billion euros (S$4.57 billion) to spend on acquisitions and is scouting for goals from Australia to Italy. Running into a deal would have been a mistake, according to analysts and some investors. PICTURE: REUTERS [MUNICH] Allianz SE CEO Oliver Baete has 3 billion euros (S$4.57 billion) to spend on acquisitions and is scouting …

India to inject 100b rupees capital into state-run banks

India will inject at least 100 billion rupees (S$2.096 billion) of capital into state controlled lenders in the forthcoming fiscal year, an amount that is in line with a preceding authorities assurance, though it raised questions about the skill of local banks to keep up loan increase. PICTURE: BLOOMBERG [MUMBAI] India will inject at least 100 billion rupees (S$2.096 billion) …

After worst beginning to year in decades, uS dollar battles

The US dollar regained a little earth on Wednesday after recording its worst start to the year in three decades on concerns the United States was poised to dump its two-decade-old “strong dollar” policy. PICTURE: AFP [LONDON] The US dollar regained a little ground on Wednesday after recording its worst start to the year in three decades on concerns the …

Turkey Gas Costs

Gas Costs in Turkey fell to 1.43 USD/Liter in January from 1.48 USD/Liter in December of 2016. Gas Costs in Turkey averaged 1.89 USD/Liter from 1995 until 2017, reaching an all time high of 2.68 USD/Liter in January of 2013 and a record low of 0.56 USD/Liter in December of 1995. Export Data API Access Please Paste this Code in …

Turkey Manufacturing PMI

Please Paste this Code in your Website source: tradingeconomics.com The Istanbul Chamber of Industry Turkey PMI Manufacturing Index measures the performance of the production sector and is derived from a survey of 400 manufacturing firms. The Making Purchasing Managers Index is founded on five individual indexes with these weights: New Orders (30 percent), End Product (25 percent), Employment (20 percent), …

Israel’s Arabs broken up by picture’s portrayal of world that was shifting

UMM AL-FAHM, Israel – AP A brand new award winning movie about Arab girls fighting their conservative society has touched off a real life conflict: The municipality of a leading Arab city in Israel has called for a boycott of the movie, as well as the picture’s director says she’s received death threats for her unflinching depiction of sex, drugs, …

Istanbul Modern exhibit opens to the sea

ISTANBUL Istanbul Modern’s “Seaport, new exhibit focuses on seaports and ports. Highlighting Istanbul’s connection with all the sea, “Seaport” takes a close look at just how artwork in Turkey has presented the societal and ethnic life that grown on the shores and across the ports of the city from the late 19th century to the present. Before starting the transformation …