LONDON The BBC’s [TBBC.UL] online services, including its news website and iPlayer catch-up TV platform, were taken down on Thursday by a large web attack, the British broadcaster reported. The BBC’s sites, which rank only behind Google and Facebook in visitor numbers in Britain, according to Internet analytics firm comScore, were hit from 0700 GMT, with many users receiving an error message rather than content. The broadcaster […]
|Arabian Post Special|The UAE Central Bank is solidly backing the UAE banks in dealing with the ‘de-risking’ policies imposed by US banks on the UAE banks. The central bank is seized of the problems faced by the UAE banks in this regard. The new U.S. regulations have imposed extra burdens and costs on banks in the United States, which is forcing these banks to cut their international […]
|By Matein Khalid| In retrospect, the last six years were a unique period in global central banking, an epic monetary experiment that averted a Great Depression after Lehman’s failure and interbank/credit contagion plunged the world into recession in 2008-9. Yet the Fed (and later Bank of Japan, ECB and even PBOC) quantitative easing also led to asset bubbles, credit market excesses, currency wars and the mispricing of […]
NATIONAL HERALD – FROM GLORY TO PITS
By Harihar Swarup
The National Herald was a child of the freedom movement. It was started by Jawaharlal Nehru. Nehru himself reported for the paper and Krishna Menon was its London correspondent. Mahatma Gandhi wrote in Harijan in 1942: “The National Herald is an institution.” From 1938 to 1942, it lived dangerously from day to day, ready to publish anything about the freedom movement, paying the penalty of successive securities, forfeited at the pleasure of authorities. It was ordered to submit its editorials to censorship, which it refused, and not given headlines to war news which it defied with ingenuity.
Nehru’s instructions were to try to live and serve the freedom movement but not to lower the flag. Gandhiji valued it as newspaper without fear. The newspaper was voluntarily closed under Gandhi’s call that new
Recording artist Taylor Swift arrives at the 2015 MTV Video Music Awards in Los Angeles, California, August 30, 2015. Reuters/Danny Moloshok/Files NEW YORK Apple Inc won a deal with pop star Taylor Swift to exclusively release a concert video of her recent world tour through its music streaming service, Apple Music, the company and singer said on Sunday. Swift, who celebrated her 26th birthday on Sunday, tweeted […]
Gunmen and bombers attacked restaurants, a concert hall and a sports stadium at locations across Paris on Friday, killing at least 120 people in what a shaken President Francois Hollande called an unprecedented terrorist attack. A Paris city hall official said gunmen systematically slaughtered nearly 100 people attending a rock concert at the Bataclan music hall. Anti-terrorist commandos eventually launched an assault on the building, killed the […]
Airbus Group SE escaped order oblivion at the Dubai Air Show after negotiating a last-minute agreement to sell 30 narrow-body planes to VietJet Aviation — prompting the European planemaker to take a swipe at Boeing Co. over the announcement of a deal that had already been booked. VietJet agreed to buy nine current-generation A321s and 21 upgraded A321neos worth $3.6 billion at list prices after negotiations that […]
If I were to put this year’s Nashville British Car Club Show description into a few words, they would be… “Quality, not Quantity.“ For the last few years ( 2010, 2011, 2012, and 2013 to be exact), I’ve had the pleasure to try to showcase the magnificent automotive examples presented at the Nashville British Car Club Shows. But sadly, 2014’s event was washed out by heavy rain. There was […]
|By TAP Staff| Iran’s Bank Mellat, one of the most high-profile private entities sanctioned in 2009 for alleged links to Iran’s nuclear programme, won a morale-boosting victory against the British Treasury this week when a Court of Appeal upheld its demand for greater disclosures about the charges being leveled against it. The verdict was based on the principle that the accused has a right to know what […]
|By TAP Staff|Indian nationals were ranked first for foreign investment in Dubai’s property sector for the first half of this year, having made a total of 3,017 transactions worth AED 7.8 billion, according to statistics released by the Dubai Land Department. British investors were in second place having conducted deals worth AED 4.7 billion, followed by Pakistani investors with transactions worth AED 3.3 billion. Canadian investors came […]
ABU DHABI // Clad in black cycling gear and, of course, a helmet, Sheikh Nahyan bin Zayed, chairman of Abu Dhabi Sports Council (ADSC), joined hundreds of cyclists at TrainYas on Tuesday. Sheikh Nahyan, accompanied by a group of officials and British cycling champion Mark Cavendish, attended the free weekly event to promote the capital’s inaugural cycling event, the Abu Dhabi Tour. On his lap of Yas […]
UAE. In times of economic uncertainty, cold-hearted international investors seek more diversification of their property portfolios; as London provides opportunity for property capital appreciation with prices continuously on the rise in the last five years, reasonable prices and growing yields in Dubai market make an equally attractive income generating opportunity. Mutual InterestFor Middle Eastern investors, London has always been regarded as a strong investment complementary to their […]
The Syrian civil war, now in its fifth year, involves multiple countries with overlapping and at times conflicting agendas. Competing visions of how to manage the conflict, which has led to a major global refugee crisis as well as the rise of the Islamic State, dominated discussions at the United Nations General Assembly this week. But despite days of meetings and diplomatic maneuvering, the crisis has only […]
While Dubai continues to pump out sumptuous new apartment blocks, for a rising number of expatriates the city no longer offers the luxury lifestyle that lured many foreigners to the Gulf. A shortage of affordable homes and a reduction in overseas allowances since the financial crisis are pushing foreign staff on middle incomes out to less glamorous areas of the city far from the office, or to […]
WASHINGTON — Nearly 30,000 foreign recruits have now poured into Syria, many to join the Islamic State, a doubling of volunteers in just the past 12 months and stark evidence that an international effort to tighten borders, share intelligence and enforce antiterrorism laws is not diminishing the ranks of new militant fighters. Among those who have entered or tried to enter the conflict in Iraq or Syria […]
WASHINGTON — Defense Secretary Ashton B. Carter has notified Congress that he has approved sending a high-profile detainee at the Guantánamo Bay prison to Britain, a move that will ease a point of diplomatic tension between the United States and a close ally. The detainee, Shaker Aamer, is a Saudi citizen but was a longtime British resident. Prime Minister David Cameron; members of Parliament, including Jeremy Corbyn, […]
INTERNATIONAL. Gleaming glass skyscrapers, state-of-the-art technology, and wealthy merchant families have replaced the Gulf’s muddy towns and villages populated by traders and pearl fishers that once lacked electricity, running water or modern communications. The region’s modern day projection of a visionary cutting- edge, 21st century urban environment masks however the fact that some things have not changed. Gulf states continue to be ruled by the same families, […]
LONDON — Russia’s military buildup in Syria now includes surface-to-air missiles as well as combat aircraft with air-to-air capability, deployments that raise “serious questions” about Moscow’s role in the region, Secretary of State John Kerry said Saturday. Russian officials have said that the purpose of the buildup at a base near Latakia, Syria, is to combat the Islamic State. But the deployment of air defense systems and […]
MOVEMENT AGAINST NEO-LIBERAL POLICIES TO GET A BOOST By Nitya Chakraborty The resounding victory of Jeremy Corbyn at the British …
UAE. With a 54% decline in the price of oil prices during the past 12 months the United Arab Emirates (UAE) real estate market is now beginning to feel the effect with property transaction levels falling across Abu Dhabi, Dubai and Sharjah, according to the latest research from international real estate consultancy, Cluttons. Cluttons’ annual 2015 UAE Property Report reveals that the direct correlation between hydrocarbon revenues […]
Middle East President Hassan Rouhani of Iran, arrives on Tuesday at a session of the Assembly of Experts, the country’s top clerical body in charge of appointing, supervising and even dismissing the supreme leader. By THOMAS ERDBRINK September 1, 2015 TEHRAN — Flexing their muscles, some of the toughest anti-American voices in Iran said on Tuesday that the United States remains their country’s top enemy, guilty of “uncountable” crimes. […]
CAIRO — The Egyptian foreign ministry said Sunday that it had summoned the British ambassador to object to his comments on a recent court ruling to jail two journalists, escalating the government’s defense of its crackdown on dissent. The two journalists, Mohamed Fahmy and Baher Mohamed, have attracted special attention because, unlike most journalists in Egypt’s jails, both have had long careers at respected international news organizations. […]
Middle East By KIMIKO DE FREYTAS-TAMURA August 27, 2015 LONDON — A 21-year-old hacker from Birmingham, England, who tapped into American military networks and was a central figure in the Islamic State militant group’s online recruitment campaign, has been killed in Syria by an American airstrike, according to three senior American officials. The hacker, Junaid Hussain, was a leading member of the CyberCaliphate, an Islamic State unit that broke into […]
