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By Parisa Hafezi | ANKARA ANKARA Iranians vote for president on Friday in a contest likely to determine whether Tehran’s re-engagement with the world stalls or quickens, although whatever the outcome no change is expected to its revolutionary system of conservative clerical rule. Seeking a second term, pragmatist President Hassan Rouhani, 68, remains the narrow favourite, but hardline rivals have hammered him over his failure to boost […]

Investors have accelerated their buying of European financial assets in the wake of Emmanuel Macron winning the French presidency, but a top executive at one of the world’s biggest asset managers cautions that the region’s stock markets aren’t as cheap as they appear. European equity funds enjoyed their strongest week of inflows on record last week — pushing the EuroFirst 300 index up 3.7 per cent this […]

By Andrea Shalal | BERLIN BERLIN The German defence ministry announced a possible delay in another big arms programme on Tuesday, marking a further setback for a military already faced with a probe into right-wing radicalism in its ranks. State Secretary Ralf Brauksiepe told lawmakers it was unclear if a 1.5 billion-euro purchase of five new military corvettes – spending added to the 2017 budget after delays […]

By Kirsti Knolle and Francois Murphy | VIENNA VIENNA Austria’s main parties agreed to hold an early parliamentary election on October 15, Chancellor Christian Kern said on Tuesday, in a vote that might bring the far-right Freedom Party into government. In the autumn of a year that will have seen Dutch, French, British and German general elections, the Alpine republic will decide its future course on immigration, […]

By Elias Biryabarema | KAMPALA KAMPALA Ugandan President Yoweri Museveni ordered his security chiefs on Tuesday to stop torture by their personnel after media images of a detained politician with septic wounds on his body stirred public outrage. Human rights activists said those images and other recent incidents where suspects have appeared in court with torture marks on their bodies point to escalating brutality and impunity on […]

President Donald Trump‘s controversial travel ban has reached the 9th Circuit Court of Appeals, with a three-judge panel discussing its constitutionality on Monday, May 15. Trump first issued a travel ban preventing people from six Muslim-majority countries from entering the United States. Affected countries included Iran, Iraq, Syria, Sudan, Yemen and Somalia. The ban stirred great controversy and opposition, and a U.S. judge granted emergency stay. Faced with […]

WASHINGTON U.S. President Donald Trump on Tuesday defended his decision to disclose information to Russian officials during a White House meeting last week, saying he had an “absolute right” to share “facts pertaining to terrorism and airline flight safety.” The president took to Twitter to counter a torrent of criticism, including from his fellow Republicans, after reports that he had revealed highly classified information about a planned […]

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Instead, they have been vetted by a Parliament where moderates and reformists achieved a slim majority in 2015 elections, which has opened the floodgates for thousands of candidates in the vote on Friday: lawyers, religious minorities, women’s rights activists, bank managers and sports figures, among others. Continue reading the main story “The educated middle class and urbanites are emerging and asserting themselves for the first time,” said […]

French startup Talent.io is turning headhunting into a marketplace by connecting promising engineers with tech companies. The company just raised $8.8 million (€8 million) from existing investors Alven Capital and Ventech. While Talent.io started with Paris, the company is now operating in other major European cities, such as Berlin and London. The startup acquired Webcrowd and Go Digital in order to do this. Engineers sign up when […]

ABU DHABI, United Arab Emirates, 15 May 2017, (ME NewsWire) Global International Indian School (GIIS) Abu Dhabi will soon launch STEM (Science, Technology, Engineering and Mathematics) Learning Programme for all its students from grades 3 to 9.  Schools across 112 nations have implemented STEM Learning in order to help students learn through activities and experiments that help them understand much better compared to just theoretical knowledge.   […]

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 […]

There is much going against South Korea right now, including an anaemic economy, a series of failures in the country’s shipbuilding sector, Chinese boycotts and North Korean belligerence.  And yet the country’s stock market keeps hitting records. The Kospi, the Korea’s main equities benchmark, set a record high last week and is up 13 per cent in the year to date, making it one of Asia’s best-performing major markets of 2017.  […]

ABU DHABI // Sheikh Mohammed Bin Zayed met Donald Trump for talks in Washington on Monday, as the White House announced a defence cooperation agreement between the two countries. Mr Trump’s press secretary, Sean Spicer, said the agreement, which was concluded “recently”, would allow the UAE and United States “to work more closely together to address common security threats”. “The [US] president hopes to work together even […]

By Guy Faulconbridge and Dustin Volz | LONDON/WASHINGTON LONDON/WASHINGTON The global WannaCry “ransomware” cyber attack spread more slowly on Monday with no major infections reported, as attention shifted to investment and government policy implications of lax cyber security. There were 213,000 infected machines in 112 countries as of 1000 GMT on Monday, according to Czech security firm Avast, making it one of the largest coordinated attacks to […]

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 […]

PARIS France’s new Prime Minister Edouard Philippe took the job offered to him by President Emmanuel Macron because the country is in a “unique situation”, he said on Monday hours after his appointment was announced. “I told myself that the situation we were in was so unique that we should try something that had never been tried before,” he said on TF1 television. He also reaffirmed Macron’s […]

With the holy month just around the corner, take a look at some of the city’s top iftars and suhoors to try. 1. Al Fanous Lounge: The Dubai Ballroom at JW Marriott Marquis will transform into an oriental lounge designed with lavish white, gold and jewel tones for the holy month of Ramdan. Also lavish at the lounge is the iftar buffet that will consist of over […]

A committee of the Philippine parliament on Monday found an impeachment complaint against President Rodrigo Duterte was “insufficient in substance,” rejecting it and effectively putting an end to the case. The complaint, filed in March, alleged that Duterte had adopted a state policy of extrajudicial killings during his war on drugs, leading to the death of more than 8,000 people in the first eight months of his […]

French president Emmanuel Macron has appointed Edouard Philippe, a little-known centre-right politician, as his prime minister in an attempt to build a majority in parliament for his year-old centrist party. Mr Macron’s poaching of Mr Philippe to lead his government was announced on the new president’s first full day in office. Less than a month before legislative elections, it is a new blow to the conservative Republican […]

JOHANNESBURG South Africa’s top court heard arguments from opposition parties on Monday to allow a motion of no confidence against President Jacob Zuma to taken by secret ballot, which they hope could help to depose him. Ouside the court, around 1,000 protesters from different opposition parties marched peacefully to the Constitutional Court, some waving signs demanding that Zuma be removed. Zuma and the ruling African National Congress […]

France has today announced a 31-year government bond, in a sign of further market optimism after the victory of Emmanuel Macron in the recent presidential election. The debt, which is expected to price later this week, had been previously planned as part of the country’s funding programme for the year. The timing of the syndicated deal comes just over a week after Mr Macron’s victory in the […]

Dubai Ruler Sheikh Mohammed has announced the launch of Marsa Al Arab, Dubai Holding’s latest tourist destination development in the emirate. The $1.7 billion (AED 6.3bn) mega-project, spread across 4 million sq. ft, will be developed on new two islands on both sides of Burj Al Arab Jumeirah. Marsa (Arabic for marina) Al Arab is expected to be completed by 2020. One island will be dedicated to […]

German stocks hit a new high on Monday morning, as higher commodity prices boost stocks across Europe. The Dax climbed as much as 0.48 per cent to 12831, with energy group RWE the biggest gainer despite reporting an 18 per cent drop in first quarter profits. German stocks have been some of the biggest beneficiaries of renewed investor desire for European assets, after Emmanuel Macron’s victory in […]

Authored by Federico Pieraccini via The Strategic Culture Foundation, With Moon Jae-In’s victory in South Korea, the period of tension on the Korean Peninsula is likely to end. With the rise to power of the new president, South Korea can expect a sharp decline in hostilities with North Korea as well as a resumption of dialogue with China. An expected and highly anticipated victory was confirmed in South Korea on […]

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