A one-two punch of a surging US dollar and rising interest rates sent the price of gold tumbling to its lowest level since February on Thursday, hurting the shares of miners and spurring hefty liquidations of exchange traded funds that track the metal. The price of gold in New York fell as much as 1.8 per cent to $1,122 an ounce, as the dollar rose across the […]
By Leonardo Goy | SALGUEIRO, Brazil SALGUEIRO, Brazil The rusting tracks of Brazil’s Transnordestina railway peter out and give way to a dirt trail in a remote corner of the country’s arid northeast, far from the ports or farms it was meant to serve. No trains run on these tracks and the cleared path for one of Brazil’s most ambitious infrastructure projects is used only by local […]
Thousands of people had gathered outside a hospital in the Mashhad neighborhood, which is still controlled by rebels, hoping that an evacuation deal announced on Tuesday by Turkey, Russia and Syrian rebels would hold. But the constant threat from snipers, bombs and shelling was unsettling. Video Aleppo Activists Say Final Goodbyes as Assad Closes In Syrian government forces had reclaimed most of rebel-held eastern Aleppo by Tuesday, […]
Syrians were still trapped inside the last rebel foothold in eastern Aleppo on Wednesday, hours after an evacuation was set to begin. The reason for the delay was unclear but residents inside the besieged city said they heard several explosions and gunfire, indicating that the shaky deal between the Syrian opposition and Russia is already strained. After weeks of fierce fighting, President Bashar al-Assad looks set to […]
Photo Paraag Marathe, the San Francisco 49ers’ chief strategy officer and executive vice president for football operations, at his home in Los Altos, Calif. His sister died of anorexia. Credit Jason Henry for The New York Times SAN FRANCISCO — Paraag Marathe’s structured, analytical mind has served him well in the offices of Silicon Valley and the National Football League. He figured that he could lean on […]
By Marc Jones | LONDON LONDON A quarter of a century after the collapse of the Soviet Union, life satisfaction in Russia and other ex-Soviet states remains stubbornly low, and enthusiasm for democracy and open market economics is wavering, a survey published on Tuesday showed. The study found that only 15 percent of Russians think their households have a better quality of life, compared with 30 percent […]
By Laila Bassam and Stephanie Nebehay | ALEPPO, Syria/GENEVA ALEPPO, Syria/GENEVA The United Nations said on Tuesday it had reports that Syrian soldiers and allied Iraqi fighters had summarily shot dead 82 children, women and men in recaptured east Aleppo and a military source said the last rebel pocket could fall “at any moment”. The Syrian army has denied carrying out killings or torture among those captured, […]
An untold number of Syrians trapped in an ever tightening patch of rebel territory in Aleppo are desperately seeking a way to safety as the opposition’s final foothold in a major city looked on the verge of collapse. The International Committee of the Red Cross called for all sides to urgently agree a deal to evacuate people as it warned that time was running out for trapped […]
By Laila Bassam | ALEPPO, Syria ALEPPO, Syria The Syrian army and its allies have taken full control over all the Aleppo districts abandoned by rebels during their retreat in the city, a Syrian military source said on Tuesday. Rebel defences collapsed on Monday, leading to a broad army advance across more than half of the remaining insurgent pocket in Aleppo and a retreat of opposition fighters […]
By Tife Owolabi | UYO, Nigeria UYO, Nigeria At least 100 people were killed by the collapse of a church in southeastern Nigeria, a resident and photojournalist who visited a morgue said on Sunday, but officials put the death toll at just 27. “At Uyo teaching hospital where I am now I could see over a hundred corpses, many are heaped on top off each other on […]
An astounding 60 percent of employees have been given their walking papers at Yik Yak, a chat app particularly popular among college students. The massive layoff saw the 50-strong startup reduced to a motley crew of 20 on Dec. 8. Yik Yak Layoff The recent development has been surprising for tech industry observers because Yik Yak has managed to raise $73.5 million from investors since it began its […]
Our round-up of the week’s best comment and analysis from the Financial Times focuses on the expectations of boom times for US stocks, the troubles of active fund managers and Italy’s dilemma after the referendum. The selection is taken from our Markets Insight and Smart Money columns, written by industry contributors and FT commentators. US stocks may be at record levels but there is no end to […]
They confided their dilemmas over whether to flee to government-held areas or stay put until the bitter end, a choice that split up many families. They described escalating bombardment and attacks that have killed women and children trying to reach safe ground. They revealed deepening rifts among rebel groups, and between fighters and civilians, over whether and how to surrender. Continue reading the main story Some told […]
By Alister Doyle | OSLO OSLO Colombian President Juan Manuel Santos said an accord to end a 52-year civil war with Marxist rebels was a “ray of hope” for solving conflicts from Syria to South Sudan as he collected the Nobel Peace Prize on Saturday. In an acceptance speech that quoted an anti-war song by Bob Dylan, the 2016 Literature Laureate, Santos said Colombia itself had drawn […]
VIENNA OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a global glut after more than two years of low prices that overstretched many budgets and spurred unrest in some countries. With the deal finally signed after almost a year of arguing within the Organization of the Petroleum Exporting Countries and mistrust in the willingness of non-OPEC […]
By Antonella Cinelli and Isla Binnie | ROME ROME Political parties made their cases to Italy’s president on Saturday for ways out of a government crisis prompted by Matteo Renzi’s resignation as prime minister following his defeat in a referendum on constitutional reform. Renzi’s Democratic Party (PD) was planning to use a meeting with President Sergio Mattarella later in the day to argue that Foreign Minister Paolo […]
Photo President Recep Tayyip Erdogan of Turkey visiting the mausoleum of an Islamic scholar in Samarkand, Uzbekistan, last month. Credit Pool photo by Kayhan Ozer, via Associated Press ISTANBUL — Almost a century after the disintegration of the Ottoman Empire, Turkey’s president, Recep Tayyip Erdogan, and his supporters believe that they can restore the empire’s former glory. Stroll through the streets of any Turkish city and you […]
Published 10/12/2016 | 09:58 Share At least 45,000 displaced as rescue operations near end in Indonesia’s quake-stricken Aceh Independent.ie http://www.independent.ie/world-news/australasia/at-least-45000-displaced-as-rescue-operations-near-end-in-indonesias-quakestricken-aceh-35283388.html http://www.independent.ie/incoming/article35283366.ece/8d538/AUTOCROP/h342/indonesia021.jpg Muslims attend Friday prayers at Jami Quba mosque which collapsed during this week’s earthquake in Pidie Jaya, Aceh province, Indonesia December 9, 2016. REUTERS/Darren Whiteside Muslims attend Friday prayers at Jami Quba mosque which collapsed during this week’s earthquake in Pidie Jaya, Aceh province, Indonesia December […]
LONDON Rupert Murdoch’s new takeover approach for British pay-TV firm Sky should be investigated by the UK’s competition authorities, according to the former minister who referred the tycoon’s previous bid. Vince Cable, who was Britain’s business secretary at the time of Murdoch’s first bid in 2010-11 told BBC radio the media tycoon’s new takeover attempt would not be in the public interest. On Friday Murdoch’s Twenty-First Century […]
Submitted by Nomi Prins via TomDispatch.com, Given his cabinet picks so far, it’s reasonable to assume that The Donald finds hanging out with anyone who isn’t a billionaire (or at least a multimillionaire) a drag. What would there be to talk about if you left the Machiavellian class and its exploits for the company of the sort of normal folk you can rouse at a rally? It’s […]
The Twitter account of Indian entrepreneur Vijay Mallya was apparently hacked Friday morning after messages were posted on his page by individuals who claimed to be part of the same group that broke into the accounts of prominent opposition politicians last week. A message on Mr. Mallya’s Twitter said that his account had been hacked. Messages were briefly posted on his page inviting readers to follow a […]
BEIRUT: Syrian troops and allied forces shelled besieged districts of eastern Aleppo Friday, pressing ahead with a massive onslaught to seize remaining parts of the crumbling enclave that had been controlled by the opposition since 2012.Russia announced Thursday that the Syrian army was suspending combat operations to allow for the evacuation of civilians from besieged opposition-held districts, but residents and medics inside eastern Aleppo said there was […]
The European Central Bank’s supervisory arm has rejected a request from Rome to delay a private sector-led rescue for Monte dei Paschi di Siena, leaving Italy little option but to inject state funds and impose losses on creditors. MPS asked the ECB for an extra five weeks to pull off a last-ditch €5bn equity injection for the lender, which emerged as the weakest in the European bank […]
By Luiza Ilie | BUCHAREST BUCHAREST When Romania’s leftist government collapsed a year ago amid outrage over a deadly nightclub fire, many people spied an opportunity for sweeping change in a country plagued by corruption and inept public services. But after the upswelling of public anger over the deaths of 64 people in the Club Colectiv, which lacked emergency exits and fire safety permits, the clamour for […]
