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By Jamie McGeever | LONDON LONDON The turmoil in Washington surrounding Donald Trump’s presidency is rattling world markets, and the burst of volatility could force investors into a strategic or tactical rethink of how much risk they are happy to face. Increasingly damaging revelations about the Trump administration’s and election team’s dealings with Russia triggered the biggest fall on Wall Street on Wednesday since last September and […]

Here is a selection of five charts that FT Markets believes are worth watching. A fresh chart will be added on a regular basis. 1. Wall Street hit by biggest slide since November US stocks suffered their worst trading day in eight months on Wednesday after political turmoil in Washington shook investors, with some fearing President Donald Trump’s ability to push through his pro-growth policies has been […]

The citizens of Sweden are perhaps closer to completely giving up a component of their individual sovereignty than any other country on earth.  In a world where government’s abuse of power and intrusion into the personal lives of its blissfully ignorant enablers grows more disturbing by the day, at least for now, cash offers the one opportunity to transact in a truly anonymous way. That said, Swedes […]

|By Arabian Post Staff| The Saudi Arabian Public Investment Fund has announced the creation of a new national military industries company. Saudi Arabian Military Industries (SAMI) will manufacture products and provide services across four business units: Air Systems, which includes maintenance and repair of fixed-wing aircraft as well as manufacturing and repair of unmanned air vehicles; Land Systems, which includes manufacturing and repair of military vehicles; Weapons & […]

Designers, buyers and influencers have descended on Dubai for Arab Fashion Week, a five-day event dedicated to ready couture and resort wear for women, men and those who refuse a label. The show opened Tuesday night with Jordanian-Canadian sensation Rad Hourani, known for his unisex designs, Palestinian-American Jenanne Filat and her menswear lineup straight out of Arkansas, and runway darlings Marchesa. Hourani sent his models down the […]

The welcome Traffic is terrible when I leave the airport, but half an hour into the drive, the pretty side of Prague starts to emerge, a show that’s continued until I’m in the vibrant lobby of the hotel, on a quiet side street. There’s enough time to drink a tall glass of juice as forms are filled in, passports scanned and keys handed over. These keys, by […]

Earlier today, RBC’s Charlie McElligott explained why today’s action is indicative of one or more energy/risk-neutral/value funds blowing up. Now he looks at the underlying cause, and attributes it to the inability of investors to discriminate between real and imaginary threats in what has now become a “deafening cacophony of noise.” THE DOLLAR MELTDOWN We are currently in the midst of a sixth-consecutive day of declines for […]

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Appear Here, a marketplace for short-term retail space that originally launched to ride the ‘pop-up’ shop craze, has raised $12 million in Series B funding. Leading the round is Octopus Ventures, with participation from Simon Venture Group, and existing investors Balderton, MMC, Meyer Bergman and Playfair Capital. It brings total funding for the company to $21.4 million, according to CrunchBase. Founded in London in 2013 by then-20-year-old […]

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. A few more Americans now know H.R. McMaster, who resembles an aging Mr. Clean with horn-rimmed glasses. But they don’t know him nearly as well as Tom Ricks. His journalism experience reveals a distinct reason to doubt McMaster’s defense of […]

The wireless headphone company Bragi on Tuesday, May 16, announced a product lineup update to its Dash wireless in-ears called the Dash Pro, a version of which is being marketed as “the world’s first custom-made wireless ear computer.” The company outed two versions of this new headphone model, both improving upon the last model with a trove of features, alongside a crucial element that fixes a longtime woe with […]

Despite the elites’ desperate hope that recent ‘losses’ in Holland France ‘prove’ the anti-establishment movement is fading (although they all saw soaring popularity), with Europeans ready to protest, there are still numerous regions urging secession… There have been 486 military conlicts in Europe in the last 2000 years and while the last decade or two has been ‘peaceful’, we suspect that will not last. As BofAML’s Transforming […]

TOKYO U.S. share futures and the dollar slipped in early Asian trade on Wednesday after reports that President Donald Trump asked then-FBI Director James Comey to end a probe into his former security adviser. The reports raised questions about whether charges of obstruction of justice could be laid against Trump, weakening confidence in the U.S. president’s ability to push through an aggressive stimulus program that investors had […]

Doha May 16, 2017 Doha Bank hosted a knowledge sharing event on “Regulatory Changes and Opportunities” on 15th May 2017 at Four Seasons Hotel, Doha, Qatar.  The Guest of the Honour in the evening was H.E. Mr. Nassir Abdul-Aziz Al-Nasser, UN High Representative for the Alliance of Civilizations. Mr. Ali Ibrahim Abdullah Al- Malki, Member of BOD of Doha Bank had also graced the occasion. The speakers […]

The Internet Society has been closely monitoring the ransomware cyber-attacks that have been occurring over the last couple of days. The malware, which has gone by multiple names, including WannaCry, WannaDecryptor, and WannaCrypt, exploits a flaw in Microsoft Windows that was first reportedly discovered by the National Security Agency (NSA). A group of hackers leaked the code for exploiting this vulnerability earlier this year, and a fix […]

“I have been there and, believe me, I have been afraid.” This was how the first African-American Arctic explorer, Matthew Henson, described his expeditions to the North Pole in 1912. It is a feeling novelist Laline Paull can empathise with, for totally different reasons. During her trip to the Arctic, which became the inspiration for her fascinating new novel, Paull’s paralysing fear came from the obvious effects […]

GENEVA North Korea’s recent missile test-launch was a legitimate act of self-defence under international law and U.S. criticism of it a “wanton violation of the sovereignty and dignity of the DPRK, a North Korean diplomat told the U.N. Conference on Disarmament on Tuesday. “The DPRK will bolster its self-defence capabilities as long as the United States continues its hostile policies towards the DPRK and imposes nuclear threats […]

SEOUL North Korea’s missile programme is progressing faster than expected, South Korea’s defence minister said on Tuesday, hours after the UN Security Council demanded the North halt all nuclear and ballistic missile tests and condemned Sunday’s test-launch. The reclusive North, which has defied all calls to rein in its weapons programmes, even from its lone major ally, China, has been working on a missile, mounted with a […]

Vodafone redials its Indian impairment numbers. FT Opening Quote, with commentary by Matthew Vincent, is your early Square Mile briefing. You can sign up for the full newsletter here. Hailing from the country that gave India cricket, Victorian railway architecture and a penchant for bureaucracy, Vodafone might have expected a little goodwill on the subcontinent. Instead, India has given the British mobile phone operator a price war, […]

The following map, from BofaML’s Transforming World Atlas, shows the world mapped proportionally by country according to the number of times mentioned  by President Trump in his tweets and speeches (campaign and presidency)… Source: BofAML The Top 8 are: USA, China, Syria, Russia, Iraq, Mexico, Iran, and United Kingdom Source link

SHANGHAI Air pollution in a key Chinese region surrounding Beijing worsened in the first four months of this year, despite tough new campaigns to enforce green regulations and punish offenders, official data published on Tuesday showed. In the Beijing-Tianjin-Hebei region, average concentrations of small breathable particles known as PM2.5 rose nearly 20 percent year-on-year to 85 micrograms per cubic meter from January to April, said the Ministry […]

JERUSALEM Israel wants the White House to explain why a U.S. diplomat preparing President Donald Trump’s visit to Jerusalem said Judaism’s Holy Western Wall in its Old City is part of the Israeli-occupied West Bank, an Israeli official said on Monday. Israel considers all of Jerusalem as its indivisible capital, a claim that is not recognised internationally, and the Western Wall – the holiest prayer site for […]

Authored by Gwynne Dyer via BangorDailyNews.com, “I am no Mussolini,” Venezuela’s beleaguered President Nicolas Maduro insisted on television early this month. But if things go on this way, he could end up like Mussolini. That would be very unfortunate for him and also for Venezuela. The daily street protests against Maduro’s rule are in their second month, and around 40 people have already been killed, most of […]

Hours before Germany formally declared war on France in WWI, Marcel Proust penned a letter to his financial advisor that anticipated the horrors to come. “In the terrible days we are going through, you have other things to do besides writing letters and bothering with my petty interests, which I assure you seem wholly unimportant when I think that millions of men are going to be massacred […]

From the founding fathers through John F. Kennedy and Bill Clinton, American politicians have indulged in extramarital affairs with slaves, movie stars, sisters-in-law and interns. But, in large part because of the press, the American public still reacts to political sex scandals as if they were completely unheard of. Americans remain shocked by these events, I believe, in large part because our perception has been shaped more […]

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