By Kylie MacLellan | LONDON LONDON Britain may need a transitional agreement to smooth its exit from the European Union but it should not “buy back” into too many of the bloc’s regulations, Britain’s trade minister Liam Fox said on Sunday. Fox, who campaigned for a Brexit vote in June’s referendum, also indicated he was seeking a flexible approach on trade to try to ensure the best […]
A flagship of the settler enterprise, Amona, established 20 years ago, is testing how far Israel’s right-wing government is willing to go to protect the 100 or so outposts that were built without authorization across the West Bank. The case of Amona has also stretched the country’s democratic system, with right-wing politicians pushing to flout the 2014 Israeli Supreme Court order to demolish the outpost, and advancing […]
In his characteristic third-person style, One River Asset Management’s Chief Investment Officer Eric Peters takes on all-comers in his latest letter to investors; lamenting the rapidity of losses, juxtaposing Michelle Obama’s “hopeless” America with the US equity markets’ near-record “hope”, and denouncing the scourge of risk managers everywhere – central bankers… Hope all goes well… “No one has real risk on,” said the CIO, dizzy. “We’ve all […]
By Stephen Kalin | ERBIL, Iraq ERBIL, Iraq Seven-year-old Anas lies in a hospital bed in the northern Iraqi city of Erbil, his little body wrapped in bandages following four surgeries to remove shrapnel that shredded his intestines. He is considered lucky for being alive. Two of his brothers did not survive the Islamic State mortar attack three weeks ago on their family’s home in Mosul. One […]
By Sarah N. Lynch | WASHINGTON WASHINGTON President-elect Donald Trump’s incoming White House chief of staff on Sunday played down the prospect that Trump would revisit Washington’s decades-old “one China” policy, even though he suggested as much a week ago. Since 1979, the United States has acknowledged Taiwan as part of “one China” but Trump prompted a diplomatic protest from Beijing after he accepted a congratulatory phone […]
Researchers have proposed a new detection method to discover about 10 black holes per year. At this rate, the number of known black holes can double within two years. Black holes are known to absorb all light and matter. They also emit zero radiation which makes it difficult to image and detect them amid a black background in space. Now, researchers proposed a new method that may […]
David Cameron began 2016 in 10 Downing Street and ended it at DePauw University in a small Indiana town, speaking for a reported £120,000 an hour. The former British prime minister is now paid almost as much for a 60-minute speech as he used to earn in a year, as he tries to make sense of his own historic failure: Brexit. Whatever he says now, Mr Cameron’s […]
BP cemented its 77-year relationship with Abu Dhabi by swapping about $2.2 billion of its own shares for a stake in one of the emirate’s largest onshore oil concessions. The U.K.’s second-biggest oil group will issue new ordinary shares to pay for 10 percent of the Abu Dhabi Company for Onshore Petroleum Operations Ltd., giving the emirate a 2 percent holding in BP, the London-based company said […]
Famous U.S. treasure hunter, Tommy Thompson found a trove of gold coins and bars on the floor of the Atlantic ocean back in 1988. The treasure came from the SS Central America, which sank to the bottom of the sea during a hurricane in 1857, along with at least three tons of California gold and its 425 crewmembers. The gold lay on the ocean floor for 180 […]
Apple’s competitors have clearly got a bit of an obsession with the MacBook Air. Following the ASUS ZenBook UX330UA, which blatantly copied the fruity ultraportable’s design, Acer has now released the TravelMate X349-M, a more affordable alternative with a similarly familiar look about it. With prices starting at less than £600 (inc. VAT), the TravelMate X349 inevitably lacks some of the finer features and superior performance of […]
It’s been a big month in theme parks in the UAE, with the official opening of Dubai Parks & Resorts in Dubai Sunday, news that IMG Worlds of Adventure are opening yet another venue, Legends, and Miral announcing that SeaWorld is coming to Abu Dhabi. By the time the Expo comes to the UAE in the year 2020, almost every popular movie and animation brand you can […]
Wall Street is bathing in nostalgia. This week the cover of Barron’s, the bible of US retail investors, proclaimed “Dow 20,000”. Presenters on CNBC are wearing Dow 10,000 caps first donned in 1999. And each day the thinning crowds on the floor of the New York Stock Exchange have watched the boards to see if the Dow Jones Industrial Average, having passed 19,900, can top the 20,000 […]
A series of big events shaped financial markets in 2016. Here is a selection of FT analyses and commentary, alongside charts, highlighting a tumultuous year. The new year rout January proved brutal for investors. After just 10 trading days, global equity markets had lost more than $4tn of value, with sentiment hammered by fears about China’s economic slowdown and a depreciating currency. In turn, bond markets were […]
Authored by Paul Craig Roberts, This article by Moon of Alabama is not conspiracy theory: Read it carefully. Check out the links. The below theses are thus far only a general outlay… There is an “elite” coup attempt underway against the U.S. President-elect Trump. The coup is orchestrated by the camp of Hillary Clinton in association with the CIA and neoconservative powers in Congress. The plan is […]
18 December 2016 Dubai: The Ministry of Finance (MoF) signed a Memorandum of Understanding (MoU) with Dubai Islamic Economy Development Centre to exchange experiences and coordinate on matters related to the strategic plan for ‘Dubai the Capital of Islamic Economy 2017-2021’, in order to strengthen the UAE’s position and enhance the Emirate of Dubai as the capital of the Islamic economy. The Dubai Islamic Economy Development Center […]
The Volcani Center, the Ministry of Agriculture’s research organization, is building a national institute for medical marijuana research. The chief scientist’s office of the Ministry of Economy has infused millions of shekels into innovative marijuana companies, much as government investment helped fuel the Israeli tech boom in the 1990s. The government is also setting standards for the cultivation, storage and use of medical marijuana. Continue reading the […]
Settling into an interview with Marwan Bin Jassim Al Sarkal, the man in charge of luring foreign investors to Sharjah, it becomes evident that both tensions and ties bond the emirate with neighbouring Dubai. On the one hand Sharjah is cast into the shadows, often overlooked by businesses and visitors. On the other hand, the bigger brother’s international standing is helping the emirate of 1.5 million people […]
A few days ago we wrote about the Harvard Professor, Larry Lessig, who was offering free legal services to any Republican elector willing to consider switching their vote from Trump to any other candidate when the electoral college meets on December 19th (see “Harvard Professor Says He’s Rallied Nearly Enough GOP Electors To Block Trump“). At the time, Lessig said he was in active discussions with […]
It was a clear and chilly afternoon in Moscow – March 18, 2014 – when Russian President Vladimir Putin signed the documents to formally annex the Crimean Peninsula away from Ukraine. Frustrated Western governments soon began rolling out the only response they could agree on to Mr. Putin’s brazen redrawing of Europe’s borders: economic sanctions. Over the next two days, the United States would designate 27 individuals […]
Photo Minnesota football players spoke with the media on Friday. Credit Jeff Wheeler/Star Tribune, via Associated Press The University of Minnesota football team on Saturday rescinded its threatened boycott of a bowl game, a protest that had been intended to persuade the administration to lift the suspensions of 10 players entangled in a sexual assault inquiry. Team leaders continued to say that the 10 players, whose suspensions […]
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. Bob Dylan just won the Nobel Prize for Literature, enough said. “Poet laureate of the rock era.” But media critic, too? Patti Smith gained deserved attention for a notable performance of “A Hard Rain’s A-Gonna Fall” at the Nobel ceremony […]
Microsoft is building out a number of “graphs,” or data indexes, across the company. There’s the Bing knowledge graph, the Office Graph, and now, the LinkedIn professional graph. This week, the company announced plans to add another graph to its stable: A “world graph.” It’s partnering with HERE, TomTom, and Esri to build this geographic data index. The data in the coming world graph isn’t just about […]
Philippines President Rodrigo Duterte(Photo: Tang Chhin Sothy, AFP/Getty Images) President Rodrigo Duterte threatened Saturday to terminate a pact that allows U.S. troops to visit the Philippines, saying “bye-bye America” as he reacted with rage to what he thought was a U.S. decision to scrap a major aid package over human rights concerns. A U.S. government aid agency, the Millennium Challenge Corporation, said earlier in the week that […]
Your daily guide to community and cultural activities across the Emirates for December 18, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Festival tickets Buy tickets for the Abu Dhabi Festival, which runs from March 14 to 31 and features artists across a variety of genres and nationalities, opening with Saudi singer Mohamed Abdo. […]
