Good morning. Here’s our daily summary of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. Since Jim VandeHei and John Harris proved most everybody to be idiots, VandeHei can only hope that reflexive suspicion of his new gambit again proves to be entrepreneurial bliss. The two journalists famously pitched the notion of an all-politics digital […]
Investors poured money into US equity funds and pulled it from European ones in a week dominated by hopes for an acceleration in US economic growth and anxiety over Italy’s referendum on constitutional reform this weekend. European equity funds lost $2bn in the week to November 30, according to data from EPFR, while US funds attracted $4.4bn. That takes the total inflow for US equity funds since […]
By Gavin Jones | ROME ROME With his political career on the line, Prime Minister Matteo Renzi launched a final day of campaigning on Friday ahead of a Dec. 4 referendum, saying Italy would be the strongest nation in Europe if he wins. Financial markets and Europe’s politicians fear victory for the opposition ‘No’ camp could trigger political instability and renewed turmoil for Italy’s battered banks, pushing […]
JAKARTA, Indonesia (AP) — At least 200,000 conservative Muslims rallied peacefully in the Indonesian capital on Friday in the second major protest against its minority Christian governor, who is being prosecuted for alleged blasphemy. President Joko “Jokowi” Widodo, a political ally of the governor who angered hard-liners by being out of the city during their first protest, unexpectedly went to the national monument to join Friday prayers […]
By Anshuman Daga and Marius Zaharia | SINGAPORE SINGAPORE Singapore’s central bank imposed penalties on the local units of U.K.-based Standard Chartered (STAN.L) and private bank Coutts for money laundering breaches related to Malaysia’s scandal-tainted 1MDB fund and said it was nearing the end of its probes. The penalties – of S$5.2 million ($3.65 million) and S$2.4 million, respectively – were the latest punitive measures taken by […]
In late July, Moussa Aksar, the director of Niger’s L’Évènement newspaper, answered his phone and heard a familiar voice warning him that he was, once again, in danger. “Be careful,” a friendly source told Aksar. “Look out for yourself and be careful what you say on the phone.” Aksar had just published Niger’s first exposé from the Panama Papers, the investigation based on a leak of documents […]
A terrorist cell formed by a group seeking recognition from the ISIS terror network is already operating and planning a big attack in Manila. This comes as the Philippine capital was placed on its highest terror alert for the first time in 16 years following the arrest of two alleged militants over a makeshift bomb planted near the US Embassy on Monday. A senior police officer, who […]
As a microcosm of the wrenches and stresses enterprise services are experiencing, Cognizant‘s week has been pretty fascinating. Last weekend Elliott Management took an activist controlling role in Cognizant, one of the most strategic services firms, with an open public letter to Cognizant’s management essentially chastising them for too much investment in the future and for not squeezing enough money out of the IT services world as […]
Submitted by Jake Anderson via TheAntiMedia.org, Some of the weirdest and most disturbing advertisements ever created are done so for military campaigns. They come in the form of propaganda leaflets, which are dropped by air or otherwise disseminated into a country or territory that is being invaded. Virtually every war since the beginning of the 20th century has produced these leaflets, which are also known as psyops […]
Three weeks after India invalidated its largest bank notes overnight, cash shortages are choking the world’s fastest-growing large economy. While it is too soon for much of the pain to be read from broad economic indicators—in India, even monthly ones, such as industrial output, are released with considerable lag—early signs are coming in. Some of them imply the disruption might not be as deep, or as long-lasting, […]
By Yimou Lee and Aye Win Myint | YANGON YANGON A team led by former U.N. chief Kofi Annan arrived in Myanmar’s northwestern Rakhine State on Friday to address the plight of Rohingya Muslims, amid an army crackdown that has killed at least 86 people and sent 10,000 fleeing to Bangladesh. Annan will spend a day in the state capital, Sittwe, before travelling to the north, which […]
Female orchid mantis adults mimic the appearance of flowers due to their ancestors’ association with flowers to capitalize on an easy source of food, pollinating insects, researchers have discovered. Source
The measure calls for making the annual financial disclosures of D.C. court judges similar to those already required for federal judges — and making those reports available to the public. While D.C. Court judges’ paychecks come from the federal government, the judges have not been held to the same standard as federal judges when it comes to publicly disclosing their financial affairs. The measure also includes several other […]
|By Arabian Post Staff| Reporters have faced consequences both in nations where media crackdowns are common and also in nations with reputations for high levels of press freedom In late July, Moussa Aksar, the director of Niger’s L’Évènement newspaper, answered his phone and heard a familiar voice warning him that he was, once again, in danger. “Be careful,” a friendly source told Aksar. “Look out for yourself and be careful […]
Egypt’s largest listed lender CIB sold a near-72 percent stake in its investment banking arm CI Capital to Egyptian and Gulf investors on Thursday, as part of a move to shed subsidiaries and focus on core actives. Commercial International Bank’s announcement of the deal came a day after it confirmed it was in talks to sell a majority stake in CI Capital, which banking sources say is […]
By James Pearson | SEOUL SEOUL Impoverished North Korea is not known for a bustling manufacturing industry but has earned a reputation in some African states for a highly visible export – its huge socialist-style statues. On Wednesday, the U.N. Security Council imposed new sanctions aimed at cutting North Korea’s annual export revenue by a quarter in response to its fifth and largest nuclear test in September. […]
Saudi Arabia’s aviation agency was attacked last month by an aggressive computer virus intended to disrupt high-profile government targets, officials and experts said on Thursday. The attack, which experts say emanated from outside the country, used a version of Shamoon, malware used to target the Saudi energy sector four years ago. Similar kinds of data-clearing software were used in 2014 against the Las Vegas Sands and Sony. […]
ABU DHABI // The president of Egypt arrived in the capital on Thursday to attend National Day celebrations and an international conference on protecting cultural heritage. Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, met Abdel Fattah El Sisi at the Presidential Airport. During the reception the national anthems of both countries were played, followed by a 21-gun […]
ABU DHABI // Tickets for British band Coldplay’s New Year’s Eve show in Abu Dhabi have turned up online at inflated prices, just hours after the concert sold out in record time. Fans hoping to see the four-piece play live in the capital are angry touts were able to buy batches of tickets to resell for profit. General admission tickets, at Dh395 for the du Arena gig, […]
By Cheikh Sadibou Mane | BANJUL BANJUL Gambians voted on Thursday in the first serious electoral challenge to President Yahya Jammeh, who has said only Allah can remove him from office and once claimed he would rule the tiny riverside West African nation for “a billion years”. Jammeh, who seized power in a 1994 coup, has made headlines by claiming to have a herbal cure for AIDS […]
ANKARA: Israel’s new ambassador to Turkey arrived in the capital Ankara on Thursday, an Israeli embassy official said, to serve as the first official envoy since a six-year spat put diplomatic relations on ice.Eitan Naeh arrived in the morning, the official, who did not wish to be named, told AFP. Naeh is due to present his letter of credence to Turkish President Recep Tayyip Erdogan in the […]
The month that stunned investors with Donald Trump’s US election victory was a record-breaker in markets. The prospect of big tax cuts and fiscal spending from the incoming administration has stirred the market’s animal spirits, driving Wall Street into record territory, while bond prices have been hit hard by expectations of higher inflation. Here is how November played out in numbers: 13 — The dollar index — […]
Ruler Sheikh Mohammed bin Rashid Al Maktoum on Wednesday ordered the construction of a memorial in Dubai in memory of the UAE’s fallen soldiers. The memorial, which is set to open for Commemoration Day on November 30 next year, follows the opening of a similar tribute in Abu Dhabi, he said in a tweet. “Commemorating Emirati martyrs depicts perpetuation of the strength and sacrifices of the people […]
Gold has suffered its worst month since mid-2013, as the election of Donald Trump, the rising dollar and increased expectations of a US rate rise combined to send prices down 8.1 per cent in November. The fall to $1,173.20 per troy ounce marked the steepest monthly sell-off since June 2013, when the precious metal lost 11 per cent in the wake of the so-called taper tantrum. November’s […]
