It is no secret that the announced deal about Legacy Bank has a majority of Venezuelan descent. Sources said that the majortity of the investors seeking control of the said bank are from Venezuela (Including one man who’s director of Mecantil Commercebank). Announced in October, the Boca Raton-based bank announced that they are on the verge of an agreement to raise $16.3 million in capital. It raised the first $2.7 million on its 3rd quarter to adequately capitalized condition. To reach the “well capitalized” status the bank needs the rest of the money to come in.
Turkish Premier Recep Tayyip Erdogan said Upper Karabakh issue was an issue of Turkey as it was of Azerbaijan and it is a vital issue that Turkey attaches importance on peace and stability of fraternity in Caucasus, adding that Turkey would continue its unconditional support for Azerbaijan to pacifically solve the issue. http://dailymiaminews.com/category/real-estate/
As garbage piled in the Saudi streets, 23,000 Ethiopians have surrendered to Saudi authorities after a clampdown on illegal migrant workers began in the oil-rich kingdom last week, stirring clashes after frustrated workers took to the streets.
The coup that plagued Turkey spurred policy-makers to revisit the constitution, specifically Article 35, which has been used to justify the actions from the police. Now, a reform is slated to change the legal landscape of the country in order to prevent any further coup.
The government of Turkey is planning to overhaul Article 35. The change could prevent the military forces of the country from getting involved in domestic affairs, and make them answer only for any foreign threats to Turkey.
The article in question is said to provide justification for the actions of coup instigators. However, the change would only create a symbolic change and not actually prevent any coup. Rebellions are par for the course of any government and Turkey is not free from such events. Coups could still happen even without Article 35. The change, however, can mean a direction towards democracy and progress.
The ongoing protests in Turkey have spread like wildfire to other key areas of the country. One of the country’s towns, Izmir on the Aegean coast, is joining the demonstration with flags plastered with the face of Kemal Ataturk, the founder of secular Turkey.