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By James Pomfret, Lawrence White and Sumeet Chatterjee | DONGGUAN, China/LONDON/HONG KONG DONGGUAN, China/LONDON/HONG KONG In the digital age, footfall in bricks-and-mortar outlets is an incomplete measure of business activity, but HSBC’s empty branches in the Pearl River Delta (PRD) suggest it’s not all plain sailing for the bank’s expansion in mainland China. HSBC, the world’s sixth-largest bank by assets, announced in 2015 that it would hire […]

The big announcement of the really, really big Trump Tax Plan with the “biggest tax cuts in history” came out bigly on Wednesday, as Trump promised. Treasury Secretary Steven Mnuchin and National Economic Council Director Gary Cohn, Trump’s latest tax team, beamed proudly as they presented their baby. The stock market took a deep breath, then  looked at their brainchild and completely petered out. First, let me say, I clearly have nothing to recant […]

Donald Trump has decided not to pull the US out of the North American Free Trade Agreement, agreeing instead with his Canadian and Mexican counterparts to “proceed swiftly” with negotiations to update the agreement, according to the White House.  The move came in hastily arranged calls between the three leaders after news leaked that the White House was considering unveiling an executive order on Saturday that would have […]

By Luc Cohen | LA MATANZA, Argentina LA MATANZA, Argentina Billboards in Buenos Aires province’s working-class La Matanza district trumpet a soon-to-be completed bus lane alongside the face of the district’s mayor, an ally of former populist President Cristina Fernandez. Although it was originally conceived when Fernandez was president, the 2 billion-peso ($129.24 million) “Metrobus” lane is being paid for by centre-right President Mauricio Macri’s government and […]

Tax Foundation: Not what it seems? The other big player, the Tax Foundation, is a Washington, D.C.-based think tank that researches state and federal tax policies, and meets with lawmakers, citizens, and journalists to provide expert advice on tax policy. The group’s mission is to “improve lives through smarter tax policy,” according to the foundation’s website. Smarter tax policy, the foundation argues, includes making the tax code […]

This piece originally appeared in Local Edition, our newsletter following the digital transformation of local news. Want to be part of the conversation? You can sign up here. What do you need to unlearn to stay in journalism? This week, two journalists named almost exactly the same thing. That’s not rare, but it struck me as interesting because they’re at such different points in their career. Here’s what they […]

Authored by Gaius Publius via Down With Tyranny blog, “We don’t want a unified Korean peninsula … We [also] don’t want the North Koreans to cause more trouble than the system can absorb.” —Hillary Clinton, 2013, speech to Goldman Sachs Our policy toward North Korea is not what most people think it is. We don’t want the North Koreans to go away. In fact, we like them […]

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Several months ago, when it was still conventional wisdom that Trump wanted to replace Janet Yellen – at least until Trump’s famous WSJ interview in which he flipped on this and various other issues – with a hawk once her turn runs out in 2018, the financial punditry was busy coming up with potential replacement names, a practice which gradually faded away once it emerged that Trump […]

Uber is making its vertical take-off and landing (VTOL) plans more concrete, via new partnerships announced today during its Elevate conference focused on the VTOL industry. The partnerships are with established aeronautics and emerging VTOL players, including Aurora Flight Sciences, Embraer, Bell Helicopter, Pistrel Aircraft, Mooney and ChargePoint, and will focus on two markets initially, including Dallas in the U.S. and Dubai abroad. The partners will provide […]

In 2014, a landmark Center investigation detailing controversial denials of black lung benefits to coal miners — “Breathless and Burdened: Dying from Black Lung, Buried by Law and Medicine” — won in the category of investigative reporting. The year-long investigation illuminated how doctors and lawyers working at the behest of the coal industry helped defeat benefit claims of coal miners who were sick and dying of black […]

Authored by Zainab Calcuttawala via OilPrice.com, Alberta Premier Rachel Notley warned U.S. President Donald Trump that he would face the wrath of the northern nation’s many allies if the freshman president begins employing energy trade restrictions with Canada. Notley is currently in China, negotiating her country’s trade policies with the Asian giant. She told reporters that she did not know what was meant by Trump’s comments about […]

BERLIN Israeli Prime Minister Benjamin Netanyahu will not meet Germany’s foreign minister on Tuesday after a row over Sigmar Gabriel’s plans to meet civil society groups on a visit to Israel, several German media reported. Germany’s DPA news agency, the Frankfurter Allgemeine Zeitung Online and other media reported that Netanyahu had cancelled the talks, a move Gabriel said earlier would be “regrettable”. No one at the German […]

After yesterday’s violent gap up in stocks across the globe in response to the “expected” outcome from the French election, today the risk on sentiment has continued if to a lesser extent, with stocks in Europe, Asia all rising while S&P futures point to a higher open. Yen, gold decline, while the euro traded as high as 1.09 this morning before fading some gains; oil is up […]

More than half of businesses in Singapore, Japan, and South Korea are among the least prepared for the upcoming European Union’s data privacy laws, with a quarter of their counterparts in Australia and the US fearing a shutdown as a result. With a year to go before the General Data Protection Regulation (GDPR) would take effect on May 25, 2018, some 56 percent of Singapore-based companies had […]

By Linda Sieg and Tetsushi Kajimoto | TOKYO TOKYO The secretary-general of Japan’s ruling party said on Tuesday he will attend China’s New Silk Road summit in May, a sign Prime Minister Shinzo Abe wants to improve ties with Beijing amid tensions over North Korea’s missile and nuclear programmes. But an adviser to Abe said Tokyo remained cautious about the China-backed Asian Infrastructure Investment Bank (AIIB), created […]

Authored by Jeremiah Johnson (Nom de plume of a retired Green Beret of the United States Army Special Forces) via SHTFplan.com, Following the money is always the key and crucial element to determining the “probable cause/modus operandi” regarding to globalist actions.  Although there are many who believe that President Trump is the panacea to all our problems, even they may perhaps admit that there are forces other […]

Risk is definitely on this morning as European shares soar, led by French stocks and a new record high in Germany’s Dax, after a “French relief rally” in which the first round of the country’s presidential elections prompted investors to bet that establishment candidate Emmanuel Macron will win a runoff vote next month, and who is seen as a 61% to 39% favorite to defeat Le Pen […]

Authored by Paul Craig Roberts, “Our problem is civil obedience. Our problem is the numbers of people all over the world who have obeyed the dictates of the leaders of their government and have gone to war, and millions have been killed because of this obedience… Our problem is that people are obedient all over the world, in the face of poverty and starvation and stupidity, and […]

Apple is finally adding transit options to its Maps app for the city of Paris. Starting today, you can use Apple Maps to calculate itineraries using public transportation. You’ll find subway, RER and bus lines, and even Transilien lines. Just like in Google Maps, you can look around the map with a new subway layer or you can calculate an itinerary from A to B. If you […]

Your daily guide to community and cultural activities across the Emirates for April 24, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Film screening Register […]

A prominent Maldivian blogger, who was critical of Islamist extremism and government corruption, was stabbed to death on Sunday, police said, and the main opposition party demanded an international probe into the killing. Social media activist Yameen Rasheed was stabbed 14 times in the chest and once each in the neck and face, local media reported. “He was stabbed to death early in the morning and we […]

By Josh Smith and Hamid Shalizi | KABUL KABUL Eight days after the U.S. military dropped its largest ever conventional bomb on suspected Islamic State fighters in eastern Afghanistan, Taliban militants breached an army base in the north of the country and killed scores of local soldiers. To Afghan and other critics of President Donald Trump’s apparent indecision over how to win a seemingly intractable war, Friday’s […]

Image: Christopher Furlong/Getty Images By Chloe Bryan, Tricia Gilbride, and Laura Vitto2017-04-23 13:09:48 UTC All dogs are good, but some dogs are the best. Using a unique and complex algorithm that we cannot disclose (just kidding, we picked 50 dogs from the American Kennel Club website, gave each a score out of 10, then argued with each other in the case of a tie), we have ranked […]

 “Thousands of new doors opened and rents soared. This created a bubble, and like housing, that bubble has now burst.”         – Richard Hayne, Urban Outfitters CEO, March 2017 The devastation in the US retail sector is accelerating in 2017, and in addition to the surging number of brick and mortar retail bankruptcies, it is perhaps nowhere more obvious than in the soaring number of store closures. […]

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