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HONG KONG Hong Kong’s next leader, Carrie Lam, vowed on Thursday to heal political and social divides, pledging to return the global financial hub to its “normal course of development”. Lam takes office on July 1 after being selected in March amid widespread concern that Beijing’s meddling had sealed her victory and denied the freewheeling former British colony a more popular leader. The former civil service chief […]

By Michel Rose and Ingrid Melander | PARIS PARIS Far-right candidate Marine Le Pen and centrist Emmanuel Macron clashed over their vision of France’s future, the euro and ways of fighting terrorism in an ill-tempered televised debate on Wednesday before Sunday’s run-off vote for the presidency. The two went into the debate with opinion polls showing Macron, 39, with a strong lead of 20 percentage points over […]

By Nichola Saminather | SINGAPORE SINGAPORE Asian stocks retreated on Thursday, taking their cues from a subdued session on Wall Street, while the dollar retained gains made after the Federal Reserve delivered a hawkish policy statement. At the end of its two-day meeting, the Fed kept its benchmark interest rate steady as expected, but downplayed weak first-quarter economic growth and emphasized the strength of the labor market, […]

By Andrew Cawthorne and Alexandra Ulmer | CARACAS CARACAS Venezuelan security forces battled protesters who lit fires and hurled stones on Wednesday in rage at President Nicolas Maduro’s decree to create an alternative congress, with another fatality taking the death toll to 34 during a month of unrest. In a familiar pattern in protests against the socialist government, thousands of opposition supporters rallied peacefully at first before […]

Sign up to receive FirstFT by email here The Federal Reserve said it believed the recent slowdown in US growth was likely to prove temporary as it stayed on course for a further increase in short-term interest rates as soon as June. The US central bank kept its target range for the federal funds rate at 0.75 per cent to 1 per cent following its latest two-day meeting. In […]

ABU DHABI // The UAE on Wednesday hailed a meeting in Abu Dhabi between two rival Libyan leaders as a significant breakthrough in talks aimed at ending the conflict. The UAE’s Ministry of Foreign Affairs voiced optimism over the meeting between Fayez Al Sarraj, prime minister of Libya’s UN-backed government, and Field Marshal Khalifa Haftar, the country’s most powerful military commander, the state news agency, Wam, reported. […]

Emmanuel Macron and Marine Le Pen will go head to head on Wednesday evening at 8pm BST (9pm CET) in a live TV debate ahead of France’s second round vote on Sunday. Join us here for a running commentary from 7.30pm BST (8.30pm CET). Pollsters put Macron’s share of the vote at 59%, while Le Pen trails with 41% The gap between the two […]

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By Clement Uwiringiyimana | KIGALI KIGALI An independent woman candidate announced on Wednesday she would challenge President Paul Kagame, joining two other candidates hoping to defeat him in August elections after 17 years in office. Diane Rwigara, a 35-year-old accountant, said she would work to eradicate poverty, injustice and promote freedom if elected. She does not belong to any political party. Kagame is widely admired for restoring […]

Great news for our investigative journalism: The Webby Awards today named the Center for Public Integrity a finalist for best political news blog or website in the nation. The Webby Awards presents two honors in every category — a winner selected by judges and a winner selected by online voters. If you agree the Center for Public Integrity deserves honors for our political coverage, vote for us […]

By David Morgan and Richard Cowan | WASHINGTON WASHINGTON President Donald Trump and his aides courted moderate Republican lawmakers on Wednesday on a proposal to overhaul the U.S. healthcare system as the White House struggled to avoid another embarrassing defeat on a top legislative priority. As White House aides prepared for meetings and phone calls to persuade skeptical lawmakers on the healthcare bill, Republican House of Representatives […]

Theresa May has formally launched her election campaign with an attack on “European politicians and officials”, whom she accused of threatening Britain and trying to sabotage her attempt to win re-election. Standing on the steps of Number 10, Mrs May set out to inflame Brexit tensions, claiming that events of recent days showed that “there are some in Brussels who do not want these talks to succeed”. […]

Ramil Comendador used his salary to pay for his law school tuition. SCREENGRAB FROM INQUIRER.net VIDEO Ramil Comendador, a former janitor at the Commission on Elections (Comelec), said he could not believe how lucky he was to pass the 2016 bar examination. “I don’t know how to thank the Lord and all those people who gave me strength. I am No. 914,” he said, pointing at the […]

By Andreina Aponte and Girish Gupta | CARACAS CARACAS Covering his mouth with a rag, Latin pop star Nacho choked on tear gas at an anti-government protest last month. Mexican actress Salma Hayek praised the protesters’ courage. Venezuelan soccer star Salomon Rondon called them “heroes.” A decade ago, the charismatic Hugo Chavez not only persuaded millions to vote for him in Venezuela, he enticed a who’s who […]

When Northwestern University’s men’s basketball team finally made it to the NCAA’s “March Madness” for the first time this year, it was validation of the growth of its basketball program. Now another part of the school is saying it doesn’t need a traditional stamp of approval when it comes to validating success. Call it the Fleetwood Mac, or “Go Your Own Way” notion of academic self-approval. The […]

News from the FT that the UK may face an initial Brexit bill of up to €100bn has dented sterling this morning. The currency fell by 0.2 per cent against the dollar to $1.29, nibbling into some of its eye-catching recent gains before recovering slightly. Against the euro, the pound is also down by 0.14 per cent to €1.1823. Broadly, the path for sterling since the general […]

A big part of that is its watering down of the anti-Semitic language of the original Hamas charter in 1988, with its talk of war between Arabs and Jews. “We are making it clear that ours is a liberation project — not about religion or the Jews,” Mr. Meshal said in an interview on Tuesday in Doha, his latest home. Continue reading the main story His offer […]

Elsewhere on Wednesday, – TFW you have become verb used to specify there should be no lying in this particular bond quoting: Shortly after his indictment in 2013, Mr. Peters engaged in a chat session with a potential buyer about the price that would be offered for mortgage securities. The customer wrote, “Ok don’t litvak me! Go ahead with that bid.” – Guardian longread on where oil […]

Following Hillary Clinton’s earlier proclamation that she “was on the way to winning before Jim Comey’s letter and ‘Russian’ Wikileaks… scared off late voters,” it appears President Trump has his own perspective on how he won the greatest upset election in US history… FBI Director Comey was the best thing that ever happened to Hillary Clinton in that he gave her a free pass for many bad […]

As the United States adapts to the presidency of Donald Trump and faces rising tensions abroad, Berkshire Hathaway Inc shareholders will descend on Omaha, Nebraska this weekend seeking reassurance, from Warren Buffett. The weekend known as “Woodstock for Capitalists” is unique in corporate America, a celebration of the billionaire’s image and success at a conglomerate whose businesses range from Geico insurance to the BNSF railroad to See’s […]

Abu Dhabi // The prime minister of Libya’s UN-backed government and the country’s most powerful military commander met in Abu Dhabi on Tuesday for direct talks on ending Libya’s conflict. The meeting came after months of international pressure and a failed attempt at negotiations in Cairo in February. The rival figures met face to face “thanks to international and Arab mediation”, according to Libya’s Lana news agency. […]

Marine Le Pen and Emmanuel Macron have each promised to bring renewal to French politics. Still, the two insurgent candidates, who will go head to head in the second round of the presidential election on Sunday, have clashed over how to handle the challenges facing France.  Ms Le Pen, of the National Front, is running on a populist, anti-immigration platform but has spurned economic liberalism in favour […]

By Matt Spetalnick | WASHINGTON WASHINGTON Donald Trump’s national security adviser described his boss’s foreign policy approach as “disruptive” on the eve of the U.S. president’s first White House meeting with the Palestinian leader, saying his unconventional ways could create an opportunity to ultimately help stabilize the Middle East. Trump faces deep skepticism at home and abroad over his chances for a breakthrough with Palestinian President Mahmoud […]

Donald Trump and Vladimir Putin discussed paths towards peace in Syria on Tuesday, in the first sign of practical interaction between the American and Russian presidents since Rex Tillerson, US secretary of state, visited Moscow last month. The call, only the second time the two leaders have spoken since Mr Trump took office in January, was the first sign that Moscow and Washington might be acting on […]

By Alexandra Ulmer and Eyanir Chinea | CARACAS CARACAS Venezuela’s opposition blocked streets in Caracas on Tuesday to denounce a decision by leftist President Nicolas Maduro to create a “constituent assembly,” a move critics said was a veiled attempt to cling to power by avoiding elections. After a month of near-daily protests by opponents demanding early general elections, the unpopular leader announced on Monday he planned to […]

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