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This is part of a series on the global rise of exchange traded funds ETFs are a global phenomena, but there are significant differences between the market in Europe and the US. This piece examines the most important. The US is far bigger Demand for exchange traded funds in Europe has never been higher. Assets held in funds and products listed across the region hit a record […]

BAGHDAD Iraq’s parliament speaker called on Thursday for a government inquiry into air strikes on a western border town which killed around 60 people, mostly civilians. Hospital sources and local parliamentarians said three air strikes killed dozens of civilians, including 12 women and 19 children on Wednesday in a market district of the Islamic State-held town of Qaim, close to the border with Syria. A spokesman for […]

Chicago politicians will have one more reason to look over their shoulders in 2017. The city’s history of political corruption and high crime rates have long made it fertile territory for investigative reporting. Next year, investigative nonprofit ProPublica plans to capitalize on that opportunity by colonizing the city with its first regional expansion. ProPublica plans to open the expansion in 2017 and is recruiting an experienced, Chicago-based […]

Submitted by MiddleEastEye.net via TheAntiMedia.org, Saudi authorities banned journalist Jamal Khashoggi from writing in newspapers, appearing on TV and attending conferences, the Alkhalij Aljadid reported in Arabic. This came after Khashoggi’s remarks during a presentation he made at a Washington think-tank on 10 November in which he was critical of Donald Trump’s ascension to the US presidency. Two weeks ago, an official Saudi source was cited by […]

SINGAPORE An earthquake of magnitude 6.1 hit China’s far western region of Xinjiang on Thursday, the U. S. Geological Survey said. There were no immediate reports of damage or casualties from the quake, which struck 51 km (32 miles) south of the city of Shihezi, at a depth of 55 km (35 miles). (Reporting by Clarence Fernandez; Editing by Robert Birsel) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(”); var median = […]

Blackrock’s chief multi-asset strategist summed up tomorrow’s anxiously awaited ECB meeting best by noting that “what’s priced into markets is a fully fledged extension of the [bond-buying] program,” but warns that, thanks to a muted reaction to the Italy vote and recent encouraging data, “there’s a significant chance the ECB disappoints markets.” As bond traders bet on a six-month QE extension, Citi warns, anything less will be […]

News stories are released on weekdays. 2 hours ago Vatican confirms ban on homosexual candidates for priesthood The Vatican has confirmed that homosexual men should not be ordained to the priesthood. In a new instruction for the training of seminarians, entitled The Gift of the Priestly Vocation, the Congregation for the Clergy says that the Church “cannot admit to the seminary or to holy orders those […]

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Kuwait will request that an OPEC committee responsible for monitoring compliance with a global oil output reduction agreement meet in February or March next year, acting oil minister Anas al-Saleh said on Tuesday. “In my capacity… as head of the committee… I will call for a meeting of the first Monitoring Committee to take place in February or March 2017, ” Saleh said in a statement. “We […]

 This article by David Haggith was published first on The Great Recession Blog:    I risked losing my fellow anti-establishment readers in September by suggesting Trump may be an establishment Trojan horse. After seeing Trump choose Pence as VP and a Goldman Sachs exec as campaign finance manager, I was concerned the establishment knew a citizen’s revolt was brewing and made sure that even the road to revolt led back to […]

By Lisa Barrington and Tom Perry | BEIRUT BEIRUT Syrian rebels in besieged eastern Aleppo called on Wednesday for an immediate five-day ceasefire and the evacuation of civilians and wounded, but gave no indication they were ready to withdraw as demanded by Damascus and Moscow. The Syrian army and allied forces have made rapid gains against insurgents in the past two weeks and look closer than ever […]

07 December 2016 Aluminium Bahrain B.S.C. (Alba), the Bahrain-based international aluminium smelter, has been performing reasonably well in light of the market conditions, according to a statement issued by the Chairman of Alba’s Board of Directors, Shaikh Daij Bin Salman Bin Daij Al Khalifa. The statement was made following the fourth quarterly meeting for the year 2016, which was held on Wednesday December 07, 2016 at Alba. […]

GENEVA More Syrians have fled eastern Aleppo, with reports of about 800 arriving in the past 24 hours at a disused cotton factory in the Jibreen district of west Aleppo and 1,260 in Hanano district, retaken by government forces, a U.N. official said on Wednesday. Bus loads of civilians continue to arrive in government-controlled areas of the city and leave for other sites or to lodge with […]

UAE-based Al Dahra Holding and Abu Dhabi Ports have launched a new AED140 million ($38.1 million) rice factory at Khalifa Industrial Zone (KIZAD). Owned by Al Dahra Kohinoor, a subsidiary of Al Dahra Holding, the factory spans a total area of 100,106 sq m and will produce up to 120,000 metric tonnes of rice per annum with 40 silos, each boasting a 750-tonne capacity. It also features […]

But in an era of internet hoaxes, fabrications and the increased use of fake news around the world to further political agendas, Bana’s Twitter account has also raised some questions of veracity and authenticity. Continue reading the main story Her messages are sophisticated for a 7-year-old, for example, particularly for one whose native language is not English. This is my reading place where I wanted to start […]

BEIRUT The Lebanese army on Wednesday said it had arrested four people in connection with the fatal shooting of a soldier and the wounding of a second on Sunday at a military installation in northern Lebanon. Four people were arrested in dawn raids in Beqaa Safrin, the town where the attack took place, and weapons used in the shooting were seized, an army statement carried by the […]

Will this truck be the eyes and ears of the smart city? Credit: USPS The future of the U.S. Postal Service could be as the eyes, ears and sensor network for the smart city. If cities played along the USPS could also derive a revenue stream that could reverse billions of dollars of annual losses. According to a panel at the Smart Cities Summit in Boston, the […]

ISTANBUL Turkish warplanes pounded 12 Islamic State targets in the al-Bab region of northern Syria on Wednesday, killing 23 militants, the military said. The air strikes were launched as Syrian rebels, backed by Turkish troops and firepower, besiege Islamic State controlled al-Bab as part of the three-month-old Euphrates Shield operation to push the jihadists and a Kurdish militia away from Turkey’s border. Separately, one Turkish soldier was […]

The international general director of fragrances for Cartier Parfums has worked with the brilliant Mathilde Laurent, Cartier’s in-house perfumer, to develop some of the maison’s most iconic scents, such as Les Heures de Parfum and L’Envol de Cartier, which was unveiled in Dubai in September. Her decades of experience, including 12 years at Beauté Prestige International, and marketing/strategy background make the style-conscious Frenchwoman a driving force in […]

ASTANA Kazakhstan’s state security service is conducting a special operation in the city of Aktobe, the site of a deadly Islamist attack in June, the Central Asian nation’s government said on Wednesday. “Detentions are being made in different parts of the city,” a spokesman for the Information and Communications Ministry said, declining to provide details. The June attack, in which at least 20 people were killed, targeted […]

A line of Audi A4 cars are parked before a demonstration of Audi’s vehicle-to-infrastructure technology Tuesday, Dec. 6, 2016, in Las Vegas. The technology allows vehicles to “read” red lights ahead and tell the driver how long it’ll be before the signal turns green. For the driver, the system puts a traffic signal icon on the dashboard telling how many seconds the light will remain red. (AP […]

Expansion will help ensure Abu Dhabi’s rising demand for gas is met sustainably and economically 07 December 2016 Abu Dhabi, UAE – Plans to expand the Al Hosn Shah Gas plant’s capacity by 50 per cent have come one step closer today, with the awarding of the Front End Engineering Design (FEED) Services contract, to Britain’s Amec Foster Wheeler. One of the key players in the GCC […]

By Steve Holland | FAYETTEVILLE, N.C. FAYETTEVILLE, N.C. President-elect Donald Trump laid out a U.S. military policy on Tuesday that would avoid interventions in foreign conflicts and instead focus heavily on defeating the Islamic State militancy. In the latest stop on a “thank you” tour of states critical to his Nov. 8 election win, Trump introduced his choice for defense secretary, General James Mattis, to a large […]

As its ADSL business is replaced by the NBN and the cost of offering services to consumers moves from AU$15 to AU$40, thanks to the NBN’s connectivity virtual circuit charge, Australian telco TPG will look to increase its number of on-net users to make up the margin shortfall. Speaking at its annual general meeting on Wednesday, TPG chief financial officer Stephen Banfield said the company had a […]

Submitted by William Nardi via TheCollegeFix.com, Be careful what you say at Virginia Tech. Chances are, it could be a microaggression. Multiple groups at Virginia Tech have collaborated to collect “microaggression testimonials” from students, who came up with roughly 50 different expressions that offend them. The examples are currently displayed on the “Microaggressions: #hokiesspeakup” Facebook page. While the campaign lasted through the Spring semester, several posters reminding student […]

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