Turkish president Recep Tayyip Erdogan’s attempt to take control of all levers of power and a mounting terrorist threat has begun to alarm investors, sending the Turkish lira down 4 per cent to an all-time low on Wednesday. The lira traded at 3.93 to the dollar, down 12 per cent since the beginning of January, clocking its worst performance since a failed coup in July which prompted […]
Turkey’s lira cemented its reputation as the most fragile of emerging market currencies on Wednesday, falling 4 per cent against the dollar to a fresh record low after the country’s current account deficit took a turn for the worse. Turkey’s currency has plunged 11.5 per cent so far this year and depreciated nearly 30 per cent in the last three months. The lira’s travails eclipse the South […]
By Andreas Cremer | BERLIN BERLIN Volkswagen’s (VOWG_p.DE) supervisory board is meeting on Wednesday to approve a draft $4.3 billion settlement with the U.S. Justice Department, marking a milestone in its attempts to recover from its emissions test cheating scandal. Shares in Europe’s biggest carmaker rose as much as 4 percent as investors welcomed the latest move to draw a line under the biggest business scandal in […]
A project of Bristol University is making news with a team of its Artificial Intelligence researchers sourcing colossal information from more than 100 British regional newspapers spanning 150 years in defining and pinpointing important turning points in the country’s history and culture. The results are amazing with many interesting revelations. What makes the project remarkable is the methodology. Already, it is known to all that history is well-etched […]
Withings’ Kérastase Hair Coach analyses the health of your locks as you brush. Image: Withings/Nokia When Nokia said it had no plans to make mobile handsets again, that wasn’t the end of its hardware ambitions: last year it bought Withings, a health devices company headquartered in France, for €170m as its way into the health and fitness market. The deal concluded in June last year, bringing together […]
11 January 2017 Dubai, UAE – Global Jet Centre launched their new and improved website making charter jets choosing easier than ever for a clientele of fast-paced nature. Global Jet Centre’s new website is a practical and customer empowering platform, giving clients independence through the ease of fully learning about, seeing and comparing charter jet services at their own convenience, without having to go through customer service […]
Saudi Arabia plans to follow its record breaking debut on global debt markets with an Islamic bond issue in a sale that could come as early as February. The sharia-compliant sukuk will form part of a pipeline of bond sales to finance the kingdom’s budget deficit and invest in economic diversification away from oil and is likely to appeal to regional investors in the Gulf. Last year, […]
Submitted by Mike Krieger via Liberty Blitzkrieg blog, The true patriotism, the only rational patriotism is loyalty to the nation all the time, loyalty to the government when it deserves it. – Mark Twain, The Czar’s Soliloquy” At this point, pretty much everyone in America has seen the results of Hillary Clinton media pet, John Harwood’s recent Twitter poll. Who do you believe America? — John Harwood (@JohnJHarwood) January 6, […]
Home» Pakistan » General News Wednesday, 11 January 2017 01:24 Posted by Fawad Maqsood ISLAMABAD: Minister of State for Capital Administration and Development Division (CADD) Dr Tariq Fazal Chaudhry said on Tuesday that Pakistan Tehreek-i-Insaf (PTI) had not a single evidence to prove its allegations in the Panama Papers case. PTI’s allegations against the prime minister […]
Sony is sprucing up its console offerings, adding a new color option for its PlayStation 4 Slim: Glacier White. Finding a PS4 console in another color option besides the traditional black avatar is not easy to come by, as other options are as rare as the legendary Pokémon. Nevertheless, PS4 fans are now in luck as the company just announced a Glacier White PS4 Slim is set […]
By Julia Edwards Ainsley | WASHINGTON WASHINGTON Donald Trump’s candidate for attorney general on Tuesday said he opposed banning Muslims from entering the United States and, taking a tougher stance than the president-elect, said waterboarding is torture and illegal. Republican Senator Jeff Sessions, the nominee, responded to questions at a Senate confirmation hearing, the first in a series this week for nominees to serve in the Cabinet […]
To address criticism from regulators and public policy groups, Microsoft is making some changes in its privacy practices. Of all the body blows Microsoft has absorbed in the past 18 months over Windows 10, the criticisms of its privacy policies have to sting the most. Last summer, the French National Data Protection Commission (CNIL) issued a formal notice against Microsoft, ordering that the company “stop collecting excessive […]
For more evidence that central bank intervention in the foreign exchange market is increasingly becoming an exercise in futility – look no further than Mexico. The peso briefly sank to a fresh all time low against the dollar on Tuesday, dropping by as much as 1.1 per cent to MXN 21.6227, as concerns continue to mount over incoming US president Donald Trump’s trade rhetoric towards Mexico, report […]
By Patricia Zengerle | WASHINGTON WASHINGTON Senior U.S. Republican and Democratic senators will introduce legislation on Tuesday seeking to impose a wide range of sanctions on Russia over its cyber activities and actions in Syria and Ukraine. The legislation is sponsored by 10 senators – Republicans John McCain, Lindsey Graham, Marco Rubio, Ben Sasse and Rob Portman and Democrats Ben Cardin, Robert Menendez, Jeanne Shaheen, Amy Klobuchar […]
By Syed Raza Hassan and Saad Sayeed | KARACHI/ISLAMABAD KARACHI/ISLAMABAD Pakistan’s major opposition parties expressed scepticism on Tuesday about the government’s proposal to revive special military courts to try civilians charged with terrorism, potentially jeopardising a proposed constitutional amendment. Prime Minister Nawaz Sharif’s office said on Monday that it would seek to keep military courts in place, days after the secret tribunals’ original legal mandate had expired. […]
ISLAMABAD: Pakistan Tehreek-e-Insaf chairman Imran Khan says Prime Minister Nawaz Sharif’s statement in the Parliament [regarding Panama Papers] was a complete lie. Speaking to reporters here, Khan said it was a bad luck for Sharif brothers that proofs of his involvement in illegally stashing wealth abroad are now in the Panama Papers. The PTI chief said the names of PM’s children appeared in newspapers worldwide for their […]
Submitted by Soeren Kern via The Gatestone Institute, Sharia courts administering Islamic justice in Britain are run by clerics who believe some offenders should have their hands chopped off, according to Muslim scholar Elham Manea. She described the prevailing attitude as “totalitarian” and as more backward than some parts of Pakistan. Teaching children fundamental British values is an act of “cultural supremacism,” according to the National Union […]
Since the dawn of the century, Java Enterprise Edition (Java EE) has been at the core of many, if not most, enterprise web-centric, service-oriented, cloud-capable computing assemblies. Lately, though, even its proponents have been asking if the venerable framework has outlived its usefulness, and is being supplanted by lighter, nimbler and simpler setups, such as containers, cloud services, or APIs. Photo: Joe McKendrick All this is happening […]
BANGKOK Thai King Maha Vajiralongkorn’s office has requested changes to a draft constitution regarding royal powers, the prime minister said on Tuesday. “The request said there are three to four issues that need fixing to ensure his royal powers,” Prime Minister Prayuth Chan-ocha Prayuth told reporters. Prayuth did not give details but said the changes would be made. The draft constitution was passed in a referendum in […]
Photo The United States guided missile destroyer Mahan in the Mediterranean in 2013. Credit Mass Communication Specialist 2nd Class Jacob D. Moore/U.S. Navy, via Reuters WASHINGTON — In a vivid illustration of the tensions between the United States and Iran, an American Navy warship fired warning shots at Iranian boats that were racing toward it near the Strait of Hormuz, Defense Department officials said on Monday. The […]
Submitted by John Whitehead via The Rutherford Institute, “This light of history is pitiless; it has a strange and divine quality that, luminous as it is, and precisely because it is luminous, often casts a shadow just where we saw a radiance; out of the same man it makes two different phantoms, and the one attacks and punishes the other, the darkness of the despot struggles with […]
By Tom Miles | GENEVA GENEVA Smoking costs the global economy more than $1 trillion a year, and will kill one third more people by 2030 than it does now, according to a study by the World Health Organization and the U.S. National Cancer Institute published on Tuesday. That cost far outweighs global revenues from tobacco taxes, which the WHO estimated at about $269 billion in 2013-2014. […]
The military, security experts and soldiers at the scene quickly rejected that notion. “Those who ran from the scene were not concerned about Azaria, but about their own well-being,” said Yehuda Ben Meir, an expert in national security and public opinion at the Institute for National Security Studies at Tel Aviv University. Continue reading the main story Still, the argument — unfolding in full volume on Israeli […]
By Phil Stewart | WASHINGTON WASHINGTON President-elect Donald Trump is finding himself caught between his desire to improve relations with Russia and fellow Republicans who are pushing for a harsher response to what American spy agencies say was the Kremlin’s meddling in the U.S. presidential election. The tacit acknowledgement on Sunday by his incoming chief of staff, Reince Priebus, that Russia was behind the hacking of Democratic […]
