Political uncertainty is slowing trade growth, a World Bank report has concluded, indicating that the rise of Donald Trump may already be casting a shadow over the global economy. Major international institutions such as the IMF, the OECD and World Bank have recently upgraded their forecasts of global economic growth largely due to expectations that tax cuts, rising infrastructure spending and a wave of deregulation will boost the […]
Welcome to Local Edition! I’m Kristen Hare, I’m a reporter at Poynter, and I’m so glad you’re here. This is the first edition of this newsletter (you can subscribe here), and here’s how it will work: Each month, we’ll feature a different theme related to the future of local news. My goal is to build a conversation week to week and month to month. I hope that […]
Oil company Saudi Aramco [IPO-ARMO.SE] has selected JPMorgan Chase & Co, Morgan Stanley, and HSBC Holdings Plc as lead underwriters for its planned initial public share offering, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The listing of Aramco is expected to be the world’s biggest initial public offering and could raise up to $100 billion. The IPO is the centerpiece of […]
Conceived by legendary Egyptian writer Naguib Mahfouz as a single novel of about 1,500 pages, The Cairo Trilogy is a timeless work of modern Arab literature, with themes, characters and ideas that are familiar and ring true almost 60 years after it was published. “The Cairo Trilogy is a work on a par with Leo Tolstoy’s War and Peace and Thomas Mann’s Buddenbrooks,” says Dr Rasheed El […]
Alt-right star Milo Yiannopoulos has resigned from Breitbart News after backlash from his statements regarding pedophilia put his status at the conservative publication in doubt. Earlier Tuesday, Breitbart Editor-in-Chief Alex Marlow called Yiannopoulos’ remarks “indefensible.” Several staffers at Breitbart were on the verge of quitting if Yiannopoulos remained at the site, according to Washingtonian. In a statement announcing his resignation, Yiannopoulos said he didn’t want his remarks […]
22 Feb 2017, Doha, Qatar The Commercial Bank (P.S.Q.C.) (“the Bank”), its subsidiaries and associates (“Group”) announced today its financial results for the full year ended 31 December 2016. The Group reported a net profit of QAR 501.4 million as compared to QAR 1,434 million for the same period in 2015, a decrease of 65%. The Bank reported a net profit of QAR 683 million (2015- QAR […]
Social media influencers admitted on Sunday their success and survival depends on them remaining transparent with their audience. Speaking at ITP Media Group’s ‘Influencer Marketing Summit’, the first event of its kind in the UAE, Joelle Mardinian, who has more than 5 million followers on social media, said she remains honest with her audience at all times otherwise it’s a “recipe for disaster”. “I don’t hide anything […]
Whatever route the government chooses for Brexit it will need to cooperate with other countries, especially our EU neighbours, to combat tax avoidance, tax evasion and money laundering. Yet the signs are not very good as the government seems to have chosen non-cooperation. It has snubbed the EU inquiry into the Panama Papers. Last year, a leak of 11.5m documents and 2.6 terabytes of information from the […]
ABU DHABI // The UAE Armed Forces will put on their first public demonstration on Thursday, March 2. The Union Fortress at Abu Dhabi’s Corniche will feature a joint exercise encompassing all branches of the military, including the Presidential Guard, the Joint Aviation Command, the Navy, the Air Force, Air Defence and the Army. Some of the highlights include a dramatic high-altitude, low-opening freefall jump from an […]
Ann Ravel on Sunday fulfilled her promise to quit the Federal Election Commission by May. In doing so, Ravel — who directed her resignation letter at President Donald Trump and including unsolicited advice for new president — leaves behind an agency the outspoken Democratic commissioner says she at once considers “essential” to American democracy and as useful, in its current state, as “men’s nipples.” But Ravel tells […]
By Edward Taylor and Laurence Frost | FRANKFURT/PARIS FRANKFURT/PARIS PSA Group (PEUP.PA) has pledged to respect existing Opel and Vauxhall job guarantees if it buys the European arm of General Motors (GM.N), though some analysts say thousands of jobs are eventually likely to go for the deal to work. As part of a broader charm offensive, PSA Chief Executive Carlos Tavares met with representatives of powerful German […]
Horizon Zero Dawn opens to a protracted introduction of its post-apocalyptic machine-festered world. It’s tedious, as regarded by one reviewer, but it’s essential, because the game’s open world, like all open worlds, is massive. The game is Guerrilla Games’s latest handiwork after Killzone Shadow Fall, the flagship Killzone title released in 2013 for the PlayStation 3. Even before release, it has already garnered acclaim, netting Best Original […]
Remember Inauguration Day? A month ago, journalists wondered whether the lessons from the Trump campaign would apply to the Trump administration. Would President Trump lay off Twitter? Would his media-bashing continue? And would he keep shutting down disfavored news organizations? So far, the answer to those questions appears to be No, yes and yes, in that order. But the fledgling Trump presidency has also imparted several important […]
Samsung’s standing in the United States plummeted by 42 places, a new reputation poll reveals. Considering how the whole Galaxy Note 7 fiasco — among other things — stirred up the tech world for both consumers and manufacturers alike, it shouldn’t come as much of a surprise that the South Korean brand is taking quite a hit regarding its position in the market. Samsung’s Reputation In The Eyes […]
Submitted by David Stockman via The Ron Paul Institute for Peace & Prosperity, General Flynn’s tenure in the White House was only slightly longer than that of President-elect William Henry Harrison in 1841. Actually, with just 24 days in the White House, General Flynn’s tenure fell a tad short of old “Tippecanoe and Tyler Too”. General Harrison actually lasted 31 days before getting felled by pneumonia. And the circumstances were considerably more benign. It seems that […]
MOSCOW Russia’s combative ambassador to the United Nations, Vitaly Churkin, died suddenly in New York on Monday after being taken ill at work, the Russian Foreign Ministry said. The ministry gave no details on the circumstances of his death but offered condolences to his relatives and said the diplomat had died one day before his 65th birthday. It declined to comment on reports that Churkin had been […]
ABU DHABI // Abu Dhabi will increase protected habitats by thousands of square kilometres and rehabilitate dozens of endangered species in a plan to tackle the most pressing environmental issues. By 2020, more than 15 per cent of the emirate’s land and 13 per cent of its water will be legally protected natural reserves. The Environment Agency Abu Dhabi, or Ead, plans to triple rehabilitation and breeding […]
Submitted by Michael Shedlock via MishTalk.com, I am unsure who first came up with the idea of taxing robots, but the proposal has been embraced by academia, socialists, and in general, the radical Left. Today, entrepreneur Bill Gates, founder of Microsoft, endorsed the idea. What does Gates want to do with the money collected? Here’s the answer: Flush it down the toilet. In a Quartz interview, Bill […]
Newly appointed New South Wales Minister for Finance, Services and Property Victor Dominello has said he plans to bring his data-driven expertise to his new portfolio, rewarding government agencies with an “innovation bonus” if they move away from a silo-ridden approach to IT and service delivery. Speaking at the Gartner 2017 APAC Data & Analytics Summit in Sydney on Monday, Dominello said he had his eye on […]
ITP Media Group is hosting the UAE’s first Influencer Marketing Summit this morning at the Grosvenor House Hotel in Dubai Marina, chaired by the BBC broadcaster Andrew Neil. The event will see high profile social media stars such as Joelle Mardinian giving the first keynote speech, while also examining how influencers and brands can work together, and issues of transparency and legislation. (Refresh the page for updates) […]
Partnership will maximise onshore field value in support of ADNOC’s long-term growth objectives 19 February 2017 Abu Dhabi, UAE – Abu Dhabi National Oil Company (ADNOC), today, signed an agreement with the China National Petroleum Corporation (CNPC), awarding it an 8% interest in Abu Dhabi’s onshore oil concession. CNPC contributed a sign up bonus of AED 6.5 billion ($1.77 billion) to enter the concession. The onshore […]
19 February 2017 Government of Dubai Media Office – Crown Prince of Dubai and Chairman of Dubai Executive Council His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum endorsed the Executive Council Resolution No (6) of 2017 pertaining to the implementation phases of mandatory health insurance in Dubai. The Resolution defined the implementation phases for beneficiaries, entities responsible for providing the service and the deadlines for […]
President Trump unveiled an alternate universe Thursday in which virtually every problem of his is the creation of the press. In a rambling, angry and contradictory media meltdown, Trump bashed “the failing New York Times,” The Wall Street Journal, CNN and the BBC, among others, following a fleeting announcement of a new nominee for Labor Secretary. It constituted what at minimum is a quadrupling down — or might […]
Sci-fi MMORPG Entropia Universe is developing a new feature known as the Battle Simulator, the first prototype of which is being planned to be released on Feb. 28 alongside a version update. Not all details have been revealed by the Entropia Universe development team, but here is what we know so far about the Battle Simulator. Entropia Universe Battle Simulator Official Details In a series of blog posts on the official […]
