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1 of 15 Fancy something fancy? We pay a visit to 14 of the city’s snazziest afternoon teas to scope out scones, sandwiches and smooth brews. 2 of 15 Al Fayrooz Lounge Rating: 4/5Most impressive item: Mango soufflé with blackcurrant sorbet.There’s a very traditional feel to this afternoon tea, with old-fashioned ceiling fans and a plush Arabesque lounge setting, but the tea itself has a modern twist; […]

US planemaker Boeing is working to resolve certain issues with IranAir to finalise a $16.6 billion aircraft deal, and the manufacturer plans to commence the the first delivery in 2018, a senior company official told Arabian Business. The deal for 80 Boeing passenger jets, announced on Sunday, includes 50 narrow-body 737 MAX aircraft and 30 long-haul 777s, split equally between the 777-300ER, and the 406-seat 777-9, which […]

By Bill Trott Henry Heimlich, the medical maverick who came up with a maneuver credited with saving thousands of choking victims but who damaged his standing as a proponent of the curative powers of malaria, died on Saturday at the age of 96. Heimlich, a doctor who developed a life-saving technique to dislodge airway blockages, died at Christ Hospital in Cincinnati of complications from a massive heart […]

By David Stanway | PINGDINGSHAN, China PINGDINGSHAN, China China has ordered state firms to smash the decades-old system of providing cradle-to-grave welfare support, known as the country’s “iron rice bowl”. But the order, part of a plan to reduce financial pressure on bloated and heavily indebted state-owned enterprises (SOEs), is likely to be easier said than done as cities navigate the social and financial wrenches the changes […]

WASHINGTON U.S. President-elect Donald Trump continued to take jabs at China on Twitter on Saturday after Beijing agreed to give back an underwater U.S. drone it seized this week. “We should tell China that we don’t want the drone they stole back – let them keep it!” Trump tweeted. (Reporting by Roberta Rampton; Editing by Paul Simao) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(”); var median = (relatedItemsTotal / 2); var […]

Settling into an interview with Marwan Bin Jassim Al Sarkal, the man in charge of luring foreign investors to Sharjah, it becomes evident that both tensions and ties bond the emirate with neighbouring Dubai. On the one hand Sharjah is cast into the shadows, often overlooked by businesses and visitors. On the other hand, the bigger brother’s international standing is helping the emirate of 1.5 million people […]

It was a clear and chilly afternoon in Moscow – March 18, 2014 – when Russian President Vladimir Putin signed the documents to formally annex the Crimean Peninsula away from Ukraine. Frustrated Western governments soon began rolling out the only response they could agree on to Mr. Putin’s brazen redrawing of Europe’s borders: economic sanctions. Over the next two days, the United States would designate 27 individuals […]

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WASHINGTON The Pentagon said on Saturday that Chinese authorities have agreed to return a U.S. unmanned underwater vehicle (UUV) collecting oceanographic data seized by Chinese warship this week. “Through direct engagement with Chinese authorities, we have secured an understanding that the Chinese will return the UUV to the United States,” Pentagon spokesman Peter Cook said in a statement. (Reporting by Roberta Rampton, editing by G Crosse) ‘); […]

Philippines President Rodrigo Duterte(Photo: Tang Chhin Sothy, AFP/Getty Images) President Rodrigo Duterte threatened Saturday to terminate a pact that allows U.S. troops to visit the Philippines, saying “bye-bye America” as he reacted with rage to what he thought was a U.S. decision to scrap a major aid package over human rights concerns. A U.S. government aid agency, the Millennium Challenge Corporation, said earlier in the week that […]

Memories of Home Two weeks later, Mrs. Mohammad and her two daughters were propelled into a local Walmart by Bayan’s sheer force of will. She longed for a pair of sparkly purple sneakers, and begged, nagged and nearly cried until her mother agreed. As they navigated the aisles, mother and daughters looked like members of two different families. Mrs. Mohammad wore her head scarf, neck-to-toe gown and […]

15 December 2016 Baar (CH)/Ras al Khaimah (UAE)/Nairobi (Kenya), December 15th, 2016 – Today Swiss International signed a management agreement with Mlima Kenya Holiday Homes Ltd to co-develop and manage a “one-of-a-kind” resort, located at the scenic foothills of Mount Kenya at Naro Moru. The agreement was signed at the Swiss International Lenana-Nairobi that opened its doors earlier in December. Present at the signing were Mr. Ronald […]

Following yesterday’s biggest, market-moving geopolitical event, in which a US oceanographic vessel had its underwater drone “stolen” by a Chinese warship “literally right in front of the eyes of the American crew”, we predicted that everyone would be eagerly waiting for Trump to chime in on the topic, and further escalating the diplomatic spat between the two nations which now involves China confiscating US marine drones, the […]

Wherever she travels, Christine Lagarde receives head of state treatment. But back home in Paris this week, in the chamber where Marie-Antoinette was sentenced to death by guillotine during the French Revolution, the chief of the International Monetary Fund faced unimpressed judges and uncompromising former colleagues. For five days in the small, wood-panelled room, she gave evidence and listened to damning testimonies that pointed to her alleged […]

Where there was discord, Donald Trump has remarkably brought harmony. He has brought peace between the markets and Janet Yellen, as traders at last appear to believe her forecast for interest rates over the next year. The Federal Reserve says it intends to raise rates three times next year, and the market implicitly, through Fed Funds futures, puts the chance of this happening at almost exactly 50 […]

BEIJING China expects a smooth resolution to the seizure by its navy of “unidentified” equipment found in the South China Sea, a state-run newspaper said on Saturday, after U.S. officials said a Chinese warship had taken a U.S. underwater drone. The drone was taken on Thursday, the first seizure of its kind in recent memory, about 50 nautical miles northwest of Subic Bay off the Philippines just […]

BEIJING Beijing’s city government has ordered 1,200 factories near the Chinese capital, including an oil refinery run by state oil major Sinopec and a Cofco food plant, to either shut or cut output following its highest possible air pollution warning. Environmental authorities issued a red alert that started on Friday night and will run until Wednesday after warning of a smog build-up across China’s north. That will […]

By Roberta Rampton and Jeff Mason | WASHINGTON WASHINGTON President Barack Obama said on Friday it was fine for President-elect Donald Trump to review Washington’s “one-China” policy toward Taiwan, but he cautioned that a shift could lead to significant consequences in the U.S. relationship with Beijing. “For China, the issue of Taiwan is as important as anything on their docket,” Obama told a news conference. “The idea […]

Shock is a matter of perspective and expectation. Imagine a time traveller stepped through the door a year ago and said the UK would vote to leave the European Union, a presidential candidate who advocated debt renegotiation would be headed for the White House, and Italy would reject the reforms of Prime Minister Matteo Renzi. Who would have predicted a worldwide bull market for stocks and bonds? […]

President Barack Obama’s vow to retaliate against Russia’s alleged interference in the American election raises the prospect that he will impose new sanctions or conduct some form of cyber operations against Russia before he leaves office on January 20. Under pressure from many Democrats for not having done more to push back and deter Russia during the election campaign, the White House is now preparing a new […]

Short takes and quick hits for the week of November 11-17, 2016. ‘Yahoo is not safe to use,’ former company engineer says Posted December 16, 2016 14:10 PST An absolutely brutal article in The Parallax by Seth Rosenblatt. After a second data breach involving as many as a billion users, what should users do? Let’s just say there aren’t many advocates for the company right now. Here’s […]

By Roberta Rampton and Jeff Mason | WASHINGTON WASHINGTON U.S. President Barack Obama on Friday strongly suggested that Russian President Vladimir Putin personally oversaw the computer hacks of Democratic Party emails that American intelligence officials say were aimed at helping Republican Donald Trump win the Nov. 8 election. At a pre-Christmas press conference, Obama levelled a fierce attack against Russia, calling it a smaller and weaker country […]

Washington has protested to Beijing over a US Navy underwater drone being seized by the Chinese navy in the South China Sea, marking a sharp escalation in already rising tensions between the two countries. China claims sovereignty up to the ‘Nine-dash’ line A US defence official said the device was grabbed as it was being operated by the USNS Bowditch, a survey vessel. The Obama administration issued […]

Submitted by MN Gordon via EconomicPrism.com, Stimulus, in a general sense, is something that causes an action or response.  A ringing alarm clock may prompt someone to exit their slumber.  Or a fist to the gut may force someone to gasp for breath. Stimulus can come in many forms and varieties.  It can come in the form of a stick; do this and you won’t get whacked […]

MANILA Philippine President Rodrigo Duterte told the United States on Saturday to prepare for repeal of an agreement on deployment of troops and equipment for exercises, declaring “bye-bye America”, and we don’t need your money. But Duterte suggested relations could improve under a President Donald Trump. “I like your mouth, it’s like mine, yes Mr President. We are similar and people with the same feathers flock together.” […]

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