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The U.S. Department of Justice has subpoenaed a high-profile whistleblower in its criminal investigation into Wells Fargo & Co’s (WFC.N) opening of accounts without customer permission. U.S. prosecutors in San Francisco have asked Wells Fargo banker Yesenia Guitron, who lost a private lawsuit against the fourth-largest lender, to testify before a grand jury in San Francisco on Tuesday, according to a subpoena dated Dec. 12, which was […]

The UN Security Council has passed a resolution demanding that Israel stop building settlements in the occupied Palestinian Territories, after the US abstained in spite of ferocious criticism from Prime Minister Benjamin Netanyahu’s government. The resolution was passed with 14 votes from the 15-member security council, hours after a senior Israeli official accused US President Barack Obama of working “behind Israel’s back” to cook up the resolution, in […]

Just over six years ago, in December of 2010, we wrote “Charting America’s Transformation To A Part-Time Worker Society“, in which we predicted – and showed – that in light of the underlying changes resulting from the second great depression, whose full impacts remain masked by trillions in monetary stimulus and soon, perhaps fiscal, America is shifting from a traditional work force, one where the majority of […]

Panama City: From the Panama Papers to the impeachments of the presidents of Brazil and South Korea, 2016 was a year marked by corruption scandals, and by rising public outrage over graft. The question is, will that translate into a lasting demand for cleaner politics? “A new phenomenon” is being seen, said Jose Ugaz, a renowned Peruvian lawyer and the chairman of Transparency International, a Berlin-based anti-corruption […]

Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. Most of us can feel unavoidably like Mongo in Mel Brooks’ “Blazing Saddles,” meaning a self-perception that “Mongo only pawn in game of life.” (YouTube) Yes, we all try to be philosophical but can lapse into merely being dim-witted, like […]

Aamir Khan’s new film Dangal is a weighty biopic in more ways than one. One of Bollywood’s most acclaimed actors, he put on a staggering 27 kilograms to play the role of former wrestler Mahavir Singh – then shed it all in just five months to shoot scenes of a younger, fitter version of the character during his wrestling heyday. Dangal, which is now showing at UAE […]

The man suspected of attacking a Berlin Christmas market has been shot dead by police near Milan in Italy, closing a chapter on one of Germany’s worst terrorist incidents. Anis Amri, a 24-year-old Tunisian with links to Italy, died after being confronted by police near the Italian city early yesterday. Isis later released a video of Amri pledging allegiance to the militant group and promising to “slaughter” […]

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Photo Passengers leaving the hijacked Afriqiyah Airways plane at Malta International Airport on Friday. Credit Matthew Mirabelli/Agence France-Presse — Getty Images CAIRO — All 109 passengers and crew members on board a hijacked Libyan airliner en route to the capital, Tripoli, were released on Friday, hours after two men claiming to be carrying explosives forced the plane to divert to Malta, Malta’s prime minister said. The hijackers, […]

Fotowatio Renewable Ventures (FRV), a developer of large-scale solar power plants and part of Saudi-based Abdul Latif Jameel Energy, has been awarded a 30-year 300MW solar project in Mexico. With this build-operate-own agreement, FRV said it is extending its global footprint into the Mexican market at a rate of $26.99/MWh for the first 15 years of the project. The construction of the plant will begin in mid-2018 […]

Experience a gastronomical culinary experience that has satisfied UAE audiences for nearly two decades 23 December 2016 Dubai, UAE: Award winning Indian Restaurant, Gazebo has opened five new outlets recently in Khalidiyah Mall Abu Dhabi, Al Twar and Business Bay, Al Shamkha Abu Dhabi and in Ajman. According to Irfan Gaya, Managing Director of Gazebo, the restaurant was initially set up to fill the gap in the […]

Good morning. A media A-list’s favorite books of 2016 Jake Tapper, the CNN reporter-show host, needed far less time than even a hyperactive wire service rewrite guy to answer a question about his favorite book this year: “‘Moonglow’ by Michael Chabon.” Bam, that didn’t take long. But it’s why amid a Trump- and-terrorism-centric moment, I asked busy and smart journalists to go high when so many others […]

How long ago it seems — that post-referendum panic in the UK stock market. The pound plunged and the crowd ran into “safe havens” in the form of government debt, ditching those risky, tricky shares. On July 13, this column pointed out the folly of this strategy. At that moment, buying and holding the UK government’s 10-year bond guaranteed an annual return of just 0.9 per cent. […]

BERLIN/MILAN The suspect in the Berlin Christmas market truck attack was killed in a shoot-out in a suburb of the northern Italian city of Milan on Friday, Italy’s interior minister said. Marco Minniti told a news conference that “without any shadow of a doubt” the man was 24-year-old Tunisian Anis Amri, wanted for the attack in Berlin. A police source said earlier Amri was identified by fingerprints. […]

The same researchers who pioneered the use of a quantum mechanical effect to convert heat into electricity have figured out how to make their technique work in a form more suitable to industry. In Nature Communications, engineers from The Ohio State University describe how they used magnetism on a composite of nickel and platinum to amplify the voltage output 10 times or more — not in a […]

By Tom Westbrook | SYDNEY SYDNEY Australian police said on Friday they had foiled a plot to attack prominent sites in the city of Melbourne with a series of bombs on Christmas Day that authorities described as “an imminent terrorist event” inspired by Islamic State. Police laid terrorism charges against one man, and were expected to charge at least three others, after authorities conducted overnight raids on […]

Your daily guide to community and cultural activities across the Emirates for December 23, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Festive fun Visit Al Maryah Island for the Winter Wonderland, featuring cosy winter cottages hosting activities including bauble-decorating, cracker-making and gingerbread-house-decorating. A skating rink and snow park offer a wintry feel, while […]

By Timothy Mclaughlin A racist, expletive-filled rant caught on camera at a Louisville, Kentucky, mall has led to a permanent ban for a shopper and prompted an apology from the city’s mayor. The video shows a white woman standing in a checkout line at a JCPenney department store in the Jefferson Mall and berating two women who shopper Renee Buckner, who posted the footage on Facebook on […]

Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. It could be a dinner akin to the disastrous ones in “Meet the Parents,” “Talladega Nights” and “Wedding Crashers.” Or maybe “American Beauty,” where newly unemployed Kevin Spacey turns to his wife (Annette Bening) and daughter (Thora Birch) and says […]

Law Blog rounds up the morning’s legal news: VW buy-back: Volkswagen agreed to pay around $1 billion to repurchase or fix an additional batch of diesel-powered vehicles tainted with emissions-cheating software, resolving what had become a sticking point more than a year into Volkswagen’s diesel-emissions crisis. [WSJ] Unrevealing: A newly unsealed search-warrant application in the Clinton probe confirms the FBI found thousands of emails potentially linked to […]

The volcanic eruption that formed the Campi Flegrei caldera about 39,000 years ago is believed to be the largest eruption in Europe in the past 200,000 years. The supervolcano on the coast of Italy last erupted in 1538. Now, the 7.5-mile-wide cauldron-like depression of the volcano shows signs of stirring up again after nearly 500 years of inactivity. Sleeping Supervolcano Shows Signs Of Reawakening In a new […]

More than four decades after a sweeping British military withdrawal from bases “east of Suez”, the UK is scaling up its defence engagement in the Gulf and Asia in what analysts regard as a recognition of the region’s growing global importance. Britain is reopening a naval support facility in Bahrain, creating a permanent army presence in Oman and establishing new defence staff centres in Dubai and Singapore. […]

Quantum mechanics dictates sensitivity limits in the measurements of displacement, velocity and acceleration. A recent experiment probes these limits, analyzing how quantum fluctuations set a sensor membrane into motion in the process of a measurement. The membrane is an accurate model for future ultraprecise quantum sensors, whose complex nature may even hold the key to overcome fundamental quantum limits. (via WSJ)

The Beyond the Net Funding Programme is proud to announce the results of our November 2016 grant application cycle. This cycle, we received 39 amazing applications from around the world. The project ideas were varied, original, and focused on helping local communities. It was hard, but the Selection Committee managed to pick six projects for funding. These projects were selected for their uniqueness, structure and the benefits […]

Less than a week after Uber said that it will keep testing its self-driving vehicles in San Francisco despite being told to stop by California’s Department of Motor Vehicles, the ride-sharing company is now being forced to take the cars off the city’s roads. Uber defied the orders of the California DMV to apply for a testing permit for its self-driving cars in San Francisco, claiming that the company […]

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