Authored by Robert Parry via The Strategic Culture Foundation, The Kagan family, America’s neoconservative aristocracy, has reemerged having recovered from the letdown over not gaining its expected influence from the election of Hillary Clinton and from its loss of official power at the start of the Trump presidency. Former Assistant Secretary of State for European Affairs Victoria Nuland, who pushed for the Ukraine coup and helped pick […]
BEIRUT: The head of the Syrian Kurdish YPG militia said a US-backed assault to drive Daesh from its de facto capital Raqqa would begin at the start of April and the YPG would be taking part, despite fierce opposition from neighboring Turkey.A spokesman for the US Pentagon said no decision had been made yet on the Raqqa offensive.US-backed forces, including the YPG, are closing in on the […]
SEOUL Former South Korean President Park Geun-hye left prosecutors’ offices early on Wednesday after being questioned in an investigation into a corruption scandal that brought an early end to her political career. Park did not respond to reporters’ questions as she emerged from the building after nearly 22 hours and got into a waiting car to be driven to her private home in the capital, Seoul. Prosecutors […]
Nearly a decade on from the financial crisis that took hold in 2007 and put an end to an era, the global economic environment remains unusually challenging. Nonetheless, the efforts that have been undertaken by Bahrain over the past 15 years to reform and diversify its economy, alongside the wider activities by regional governments to address the near-term fiscal challenges, means that the kingdom remains cautiously optimistic […]
By Yawen Chen and Ryan Woo | BEIJING BEIJING Business sentiment at Asia’s top companies rose to its highest in almost two years in the first quarter of 2017, buoyed by positive economic signs from the United States and China that underpinned improved global demand, a Thomson Reuters/INSEAD survey showed. The Thomson Reuters/INSEAD Asian Business Sentiment Index .TRIABS RACSI, representing the six-month outlook of 96 firms, rebounded […]
The overnight deluge of rain in the UAE, which carried on into the morning, has seriously affected traffic in Dubai and Abu Dhabi. The downpour saw the normally heavy morning traffic grind to halt in many places in Dubai and the capital. Multiple accidents were showing up on the Google’s traffic map for Dubai and Abu Dhabi this morning, with Dubai police warning drivers to “reduce speed […]
SKOPJE Macedonia needs to rise above political feuding and form a government as soon as possible to unblock the Balkan country’s path to European Union membership, the EU said on Tuesday. An EU summit earlier this month placed the Balkans high on its agenda to show that despite lingering ethnic tensions and the scars from wars fought in the 1990s, the region is a priority for the […]
Top executives from two of the world’s biggest investment banks have warned about the perils of Brexit, saying they have begun to firm up plans to uproot jobs from London ahead of Britain’s departure from the EU. Banks had been among the most vocal opponents of Brexit in the run-up to June’s referendum, donating millions of pounds to the Remain campaign and speaking openly about the thousands […]
Tuesday 18:30 GMT What you need to know ● Sell off in financials drives S&P 500 down 1 per cent● Euro climbs to $1.08 and dollar index slips below 100● 10-year Treasury yield at lowest since start of month● Oil prices come under renewed pressure● Gold heads for fifth daily rise in a row——————- Overview A sharp and sudden sell-off for US financial stocks helped put the […]
At the start of March we showed a fascinating chart from Rystad Energy, demonstrating how dramatic the impact of technological efficiency on collapsing US shale production costs has been: in just the past 3 years, the wellhead breakeven price for key shale plays has collapsed from an average of $80 to the mid-$30s… … resulting in drastically lower all-in breakevens for most US shale regions. Today, in […]
The paper dispensers have reduced waste by 70 percent since they were brought to Temple of Heaven over the weekend, according to the firm behind the device A years-long crime spree by Chinese toilet paper thieves may have reached the end of its roll after park officials in southern Beijing installed facial recognition technology to flush out bathroom bandits. Park managers at the Temple of Heaven, an […]
The Middle East is not Silicon Valley, nor should it aim to be, according to venture firm Wamda Capital’s Khaled Talhouni. Speaking at the Arabian Business Startup Academy yesterday, Talhouni said the region should aim to create a system that works for its circumstances, instead of mimic an existing one in the West. “I couldn’t disagree more that the Middle East is like Silicon Valley, not because […]
BANGKOK A 25-year-old Thai sea turtle died from blood poisoning on Tuesday, never recovering from an operation to remove 915 coins from her stomach, thrown into her pool for good luck, veterinarians said. The green turtle named Omsin, “piggy bank” in Thai, underwent a seven-hour-long operation this month to remove 5 kg (11 lb) of coins which she had mistaken for food. But Omsin, who lived at […]
Fashion Forward kicks off at Dubai’s Design District on Thursday with a packed three days of runway shows, sector talks and designer presentations. The latest edition will see 17 new brands debuting their collections before eagle-eyed buyers, members of the press and public. The significant leap in participant numbers appears to reflect renewed optimism when it comes to the wider fashion industry. According to a Dubai Chamber […]
Your daily guide to community and cultural activities across the Emirates for March 21, 2017, including performances, festivals, art exhibitions, film creenings, health and fitness events, talks, classes, workshops and family fun. Aarti Jhurani rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Nationwide New film In The […]
Big Chinese cities have launched a new round of lending curbs and purchase restrictions in an effort to cool overheated property markets, as official media warn that some have veered towards a bubble. Sky-high prices in cities including Beijing, Shanghai, and Shenzhen are stoking anger, even among relatively well-off professionals. Meanwhile, controlling financial risk has emerged as the dominant economic policy theme for 2017. At the conclusion of the […]
Rhetoric has recently trumped reality. It has become a misconceived bit of common “knowledge” that the United States of America is a bastion of free trade. Little could be further from the truth. The “freest” nation on earth, as we are taught to believe, imposes a staggering number of tariffs, import and export bans, sanctions and embargoes. Yet somehow “free trade” is blamed for the financial ills […]
Photo The bodies of migrants killed in an aerial attack on a boat off Yemen were brought to the port city of Al Hudaydah. Credit Abdel-Karim Muhammed/Associated Press The United Nations on Monday called for an inquiry into an aerial assault on a boat of migrants last week off Yemen’s Red Sea coast that left at least 42 people dead. The attack on the boat, believed to […]
The Authority marks the day with a range of internal and external initiatives to spread joy inside the Authority and beyond to the whole community 20 March 2017 Dubai, UAE – Dubai Culture & Arts Authority, the Emirate’s dedicated entity for culture, arts and heritage, has celebrated International Happiness Day 2017 with a range of internal and external initiatives that have spread joy inside the Authority and […]
When Tim Armour graduated from Middlebury College, a liberal arts institution in Vermont, he faced a conundrum. He could either accept a graduate programme slot at a West Coast investment group, or go and run a windsurf shop in Florida. Because he loved to windsurf but did not want to turn down a more sensible job, he asked the asset manager whether he could put off the […]
UAE-based mother, baby and child e-commerce website Mumzworld has commenced talks to raise new funds for expansion across the non-Gulf Cooperation Council (GCC) countries, its founder says. In February 2016, the company successfully closed its Series B funding with multi-million dollar investments led by Wamda Capital, twofour54, and Endeavor Catalyst, aimed to support its expansion in the GCC. “We are now across the GCC. The UAE and […]
U.S. stocks reversed course to trade slightly higher in late morning trading on Monday, helped by a rise in technology stocks including Apple. Apple (AAPL.O) rose nearly 1 percent, hitting a new record-high of $141.34, lifting the tech-heavy Nasdaq Composite index to yet another intraday high. The iPhone-maker’s stock could rise another 10 percent in six months, Barron’s wrote in an article posted Saturday. The U.S. stock […]
When the European Commission published a “white paper” this month on the future of Europe, something was missing. Two weeks earlier Pierre Moscovici, EU economy commissioner, had told an audience in Athens that the blueprint would include “ambitious ideas” for “deepening of the economic and monetary union” — code for overhauling the system of budget rules and policy co-ordination that underpins the single currency. Instead, amid warnings […]
20 March 2017 Doha, Qatar – After reaching the mark of two million users per month to become the largest flight metasearch engine in Brazil, Travel Capitalist Ventures announces a substantive investment in Voopter. The “Series B” comes from Travel Capitalist Ventures (Qatar office), a travel focused investment firm providing capital, hands-on advice and resources, as well as a co-investment with No Borders Investments Limited (Doha). The […]
