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ANKARA Iran’s hardline judiciary has sentenced the daughter of late Iranian president Akbar Hashemi Rafsanjani to jail for “anti-state propaganda, spreading lies against the judiciary and the Revolutionary Guards Corps”, the opposition website Kalemeh reported on Friday. The Islamic Republic has piled pressure on the pro-reform opposition ahead of a presidential election on May 19, when hardline rivals of pragmatist President Hassan Rouhani hope to regain control […]

As part of sweeping efforts to reduce regulation and boost business, President Trump this week announced plans to relax fuel economy standards. The Corporate Average Fuel Economy (CAFE) standards, which were implemented decades ago but accelerated under President Obama, call for automakers to reach a fleetwide average 54.5 miles per gallon by 2025. In typical deal-maker fashion, Trump went to Detroit to announce the easing […]

The White House has assured the UK government it will not repeat allegations that President Donald Trump was placed under surveillance by GCHQ, Britain’s electronic eavesdropping agency, after London protested over the “nonsense” claims. The allegations, made on Thursday by White House press secretary Sean Spicer, triggered an angry response from Downing Street, an extraordinary high-level spat between two allies with possibly the closest intelligence-sharing relationship in […]

Friday 13:30 GMT What you need to know ● Dollar index nudges up after hitting five-week low● Short term US bond yields inch higher● Global stocks at record as Wall St gains ground● Oil prices firmer after volatile week● Gold advances towards $1,230 an ounce——————- Hot topic Has the buck bounce run its course? The dollar index (DXY) — a measure of the greenback against a basket […]

For Indian IT, the world has changed seemingly overnight. The biggest existential threat seems to be US President Donald Trump’s proposed immigration reform that could put substantial barriers to Indian IT being able to corner the market on skilled H-1B visas, thereby threatening the lucrative $75 billion or so that it collects in revenue from the US alone. Equally serious is the fact that the traditional outsourcing […]

Overall, there was a 17% increase in the number of companies in MEA in 2016 compared to 2015, with Johannesburg being the leading destination for Africa JOHANNESBURG, South Africa, March 16, 2017 The Middle East Africa (MEA) region has become increasingly important for the majority of global Fortune 500 countries, according to a new report released by Infomineo (www.Infomineo.com ), a global business research company specialising in […]

Office of Government Ethics officials confirmed that four meetings with McGahn ultimately materialized, including one in person. In addition to McGahn, a former Federal Election Commission chairman who is now Trump’s top lawyer, Jones Day attorney Ann Donaldson took part. Jones Day, a private law firm where McGahn was a partner before going to the White House, provided Trump with legal counsel during his campaign. In a […]

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Authored by Michael Jabara Carley via The Strategic Culture Foundation, On 10 January 2017 Canadian Prime Minister Justin Trudeau fired his minister of external affairs, Stéphane Dion, and replaced him with Chrystia Freeland, who was then minister of international trade. This cabinet shuffle might not have gotten much public notice except that Dion is a distinguished parliamentarian, former leader of the party and leader of the opposition, […]

Retail stocks were once again heading straight for the discount bin on Wednesday. Struggling department store operator Macy’s was the day’s biggest decliner on the S&P 500, dropping 2 per cent to $30.32 following news that one-time suitor Hudson’s Bay now has its eyes on upmarket retailer Neiman Marcus instead. Shares in Macy’s, which have been languishing at six-year lows amid falling sales and profits, had rallied […]

By Patricia Zengerle | WASHINGTON WASHINGTON The U.S. Senate voted overwhelmingly on Thursday to confirm former Republican senator Dan Coats to be President Donald Trump’s director of national intelligence and to approve Army Lieutenant General H.R. McMaster’s transfer to become his national security adviser. The vote was 85-12 to confirm Coats, who also served as ambassador to Germany under former President George W. Bush. Fifty-one votes were […]

NEW YORK Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Wednesday he expected a short-term rally in U.S. Treasuries and that investors should “use the strength” in U.S. stocks to take profits and diversify in overseas markets. “I am surprised with the relentless nature” of equities after the election of U.S. President Donald Trump, Gundlach said on CNBC. Gundlach, who oversees more than $101 billion […]

By Dustin Volz | WASHINGTON WASHINGTON The U.S. government on Wednesday unsealed charges against two Russian spies and two criminal hackers for allegedly pilfering 500 million Yahoo user accounts in 2014, The indictments, announced at a news conference in Washington, represent the first time the U.S. government has criminally charged Russian officials for cyber offenses. The content of at least 30 million accounts were accessed as part […]

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. Nate Silver’s “March Madness” analysis is out and, knock on hardwood, he’s not picking Hillary Clinton. I know, I know. Cheap (jump) shot. It’s that time of year when FiveThirtyEight, the ESPN-owned politics and sports data site founded by Silver, […]

AMSTERDAM Two publicly-funded websites used by Dutch voters to help them decide which party to vote for in their national election were inaccessible on Wednesday, apparently victims of a cyber attack. The sites, “Stemwijzer” and “Kiescompas”, are extremely popular, with nearly half of eligible voters using one or the other in the last national election in 2012. However, most voters use them in the weeks ahead of […]

It is fitting that just a few hours until the Fed’s second rate hike in two quarters, and one day after Goldman downgraded global stocks to Neutral for the next 3 months, not to mention with the results of the anticipated Dutch election due shortly, that global stocks as well as S&P futures are higher, while crude oil has finally managed to stage a rebound as the […]

By Philip Blenkinsop | AMSTERDAM AMSTERDAM The Dutch began voting on Wednesday in an election seen as a test of anti-immigrant and nationalist feeling, magnified in the last few days by a spat with Turkey, and as one of three polls this year that will gauge the strength of the ties that bind the European Union together. The centre-right VVD party of Prime Minister Mark Rutte, 50, […]

By Kevin Yao and Ryan Woo | BEIJING BEIJING China’s Premier Li Keqiang reassured investors on Wednesday that the world’s second-largest economy is strong and not at risk of a hard landing, while stressing Beijing’s support for globalization and free trade at a time of rising protectionism. Li also reiterated that China does not want a trade war with the United States, and urged talks with Washington […]

By Yeganeh Torbati | OVER THE PACIFIC OCEAN OVER THE PACIFIC OCEAN U.S. Secretary of State Rex Tillerson is traveling to Asia this week accompanied by only one reporter, a White House correspondent from the Independent Journal Review (IJR), a digital news outlet founded in 2012 by former Republican political operatives. The IJR said in a statement late Tuesday the State Department last week offered one of […]

By Patricia Zengerle | WASHINGTON WASHINGTON The chairman of the U.S. Senate Intelligence Committee said on Tuesday he plans to hold public hearings on possible links between President Donald Trump’s campaign and Russia, although he did not say when they would take place. “It will happen,” Republican Senator Richard Burr told reporters after a closed committee meeting. Asked if he knew when, he said, “I don’t yet, […]

Dutch voters head to the polls on Wednesday after Mark Rutte, prime minister, and rivals clashed over refugees, immigration and the economy in the last televised debate following an extraordinarily tight race. After a campaign that was interrupted by a diplomatic spat with Turkey, by fears of foreign interference and by a row over the security of populist Geert Wilders, the vote is set to be extremely […]

WASHINGTON Veteran U.S. diplomat Anne Patterson is out of the running to under secretary of defence for policy, U.S. officials said on Tuesday, depriving Defense Secretary Jim Mattis of his choice for his top policy adviser. Speaking on condition of anonymity, the officials said Patterson ran into resistance on Capitol Hill that might have made it hard for her to win confirmation by the U.S. Senate. The […]

This weekend, New York Times Executive Editor Dean Baquet took a shot at his rival, Washington Post boss Marty Baron. During an interview at South by Southwest Sunday, an audience member asked Baquet what he thought of The Washington Post’s new slogan: “Democracy Dies in Darkness.” “‘I love our competition with The Washington Post,’ Baquet said. ‘I think it’s great. But I think their slogan — Marty […]

By Simon Carraud and Brian Love | PARIS PARIS Francois Fillon’s troubled election campaign suffered yet another blow on Tuesday when magistrates put him under formal investigation on suspicion of embezzling state funds, a first for a presidential candidate in France. Election graphic – here With less than six weeks to go until the first round of voting, Fillon has been unable to draw a line under […]

By Anthony Boadle | BRASILIA BRASILIA Former President Luiz Inacio Lula da Silva on Tuesday called charges “false” that he tried to block an ongoing investigation of the biggest graft scandal in Brazil’s history, which helped end the 13-year rule of his leftist Workers Party. Addressing a packed court, a defiant Lula appeared for the first time in one of five corruption trials in which he is […]

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