Where there was discord, Donald Trump has remarkably brought harmony. He has brought peace between the markets and Janet Yellen, as traders at last appear to believe her forecast for interest rates over the next year. The Federal Reserve says it intends to raise rates three times next year, and the market implicitly, through Fed Funds futures, puts the chance of this happening at almost exactly 50 […]
CAIRO: Growing up in Egypt, Mina and other Copts remember all too well the anti-Christian slurs they used to hear at school and on the street.Once, while playing football, a Muslim youth snatched Mina’s necklace and crucifix and stomped on it.“I won’t forget that day,” said Mina, now in his 30s.Egypt is now trying to come to terms with the kind of religious bigotry behind a December […]
Submitted by Duane via Free Market Shooter blog, On Thursday, December 1st, Yasmin Seweid was allegedly assaulted by Trump supporters in NYC. According to BuzzFeed and the NY Daily News, the attack took place at the uptown 6 train stop at 23rd Street in midtown Manhattan. The assaliants allegedly called Seweid a terrorist, broke her bag strap, followed her when she tried to get away from them, […]
A group of intelligence experts, including a former head of MI6, has cut ties with fellow academics at Cambridge university, in a varsity spy scare harking back to the heyday of Soviet espionage at the heart of the British establishment. Sir Richard Dearlove, the ex-chief of the Secret Intelligence Service and former master of Pembroke college, Stefan Halper, a senior foreign policy adviser at the White House […]
Shock is a matter of perspective and expectation. Imagine a time traveller stepped through the door a year ago and said the UK would vote to leave the European Union, a presidential candidate who advocated debt renegotiation would be headed for the White House, and Italy would reject the reforms of Prime Minister Matteo Renzi. Who would have predicted a worldwide bull market for stocks and bonds? […]
Authored by Paul Craig Roberts, The claims that the Russian government hacked US voting machines are absurd. Voting machines are not connected to the Internet. To hack a voting machine you have to be physically in proximity to the machine and use a hand held device. The machines can be programmed to throw the vote count to one candidate or the other, and there are other […]
Your daily guide to community and cultural activities across the Emirates for December 17, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Nationwide New movie Collateral Beauty stars Will Smith as Howard Inlet, a successful New York advertising executive, who has suffered a tragedy and retreats from life, spending his time writing letters to Love, Time […]
President Barack Obama’s vow to retaliate against Russia’s alleged interference in the American election raises the prospect that he will impose new sanctions or conduct some form of cyber operations against Russia before he leaves office on January 20. Under pressure from many Democrats for not having done more to push back and deter Russia during the election campaign, the White House is now preparing a new […]
By Roberta Rampton and Jeff Mason | WASHINGTON WASHINGTON U.S. President Barack Obama on Friday strongly suggested that Russian President Vladimir Putin personally oversaw the computer hacks of Democratic Party emails that American intelligence officials say were aimed at helping Republican Donald Trump win the Nov. 8 election. At a pre-Christmas press conference, Obama levelled a fierce attack against Russia, calling it a smaller and weaker country […]
By Kole Casule | SKOPJE SKOPJE Macedonia’s state election commission said on Friday it had annulled ballots cast at a single polling station and ordered a new vote there after accepting that one woman had been prevented from voting in Sunday’s parliamentary election. The re-run ballot at the polling station with just 800 voters in the western town of Gostivar could potentially change the result of the […]
By Lisa Baertlein and Svea Herbst-Bayliss Chipotle Mexican Grill Inc (CMG.N), under pressure from activist investor Bill Ackman, named four new board members on Friday, paving the way for a reunion of sorts between its chief executive and a former top executive at McDonald’s, which once owned the burrito chain. Matthew Paull, a former McDonald’s Corp (MCD.N) chief financial officer, will join the Chipotle board. Media executives […]
The war in Syria has subjected Turkey’s border regions to terrorist attacks and demographic upheaval on an historic scale, but on the face of it there’s a welcoming feeling to Samanda, a bustling town of 45,000 on the shores of the eastern Mediterranean. On a wall by the town’s beachside boardwalk, graffiti proclaims how “Syrians are our brothers”, a sentiment in sharp contrast to the burning of refugees’ […]
Vanity Fair is the latest news organization to profit from President-elect Donald Trump’s Twitter ire. The Condé Nast magazine has seen its subscriptions rise 100 fold Thursday after Donald Trump tweeted that the publication was “way down, big trouble, dead.” This is the highest number of subscriptions sold in a single day ever at Condé Nast, according to a spokesperson. Has anyone looked at the really poor […]
MANILA Philippine President Rodrigo Duterte told the United States on Saturday to prepare for repeal of an agreement on deployment of troops and equipment for exercises, declaring “bye-bye America”, and we don’t need your money. But Duterte suggested relations could improve under a President Donald Trump. “I like your mouth, it’s like mine, yes Mr President. We are similar and people with the same feathers flock together.” […]
By Karolina Tagaris and Renee Maltezou | ATHENS ATHENS Greek Prime Minister Alexis Tsipras seems determined to go down in history as a leader who tried to save Greece’s most vulnerable from austerity. But the crowd of pensioners in Athens on Thursday night was cynical about his promise to placate them with a one-off Christmas bonus. “We are living in misery and we won’t tolerate being fooled […]
By Scott Malone | BOSTON BOSTON Searches for selfies led to many bad decisions, an outbreak of creepy clown sightings chilled even horror maestro Stephen King, and a hard-fought campaign ended with the election of former reality TV star Donald Trump as president of the United States. Along with moments of triumph and tragedy, 2016 brought stories that ranged from weird to wonderful, funny to flummoxing. New […]
China has ceded its status as America’s largest creditor nation to Japan after spending a large portion of its foreign exchange reserves to defend the renminbi. Beijing’s ownership of US Treasuries fell by $41.3bn to $1.12tn in October, according to data from the US Treasury released on Thursday — the sixth straight month of decline. Japan’s holdings fell by $4.5bn to $1.13tn for the same period. Thomas […]
The Supreme Court’s dealing with the Panama Papers has run up against procedural issues. First comes the retirement at the end of the month of the head of the bench, none other than the Chief Justice of Pakistan, Mr Justice Anwar Zaheer Jamali. At the last hearing of the case, it was announced that the case would be reheard, not treated as partly heard. Then there is […]
India is set to get more Trump-branded projects as local developers seek to capitalize on the brand. A story from The Wall Street Journal Friday took a look at the many projects around the world connected to the U.S. President-elect Donald Trump, including those in India. Unimark Group, a developer based in Kolkata, has tied up to rebrand a previously planned residential apartment building in the eastern […]
Friday 08:00 GMT Overview Equity markets are steady, holding near recent highs, as the dollar’s bounce to a 14-year peak on expectations of a more hawkish Federal Reserve pauses for breath. Bond markets are calmer too after the recent battering that pushed yields to their richest in many months, while gold edges up. Hot topic The dollar and surging bond yields has been one of the biggest […]
Investors have piled into Russian equity and bond funds over the past week as oil prices have rallied and President-elect Donald Trump named an oil executive with close ties to Vladimir Putin as US secretary of state. Russian stock funds recorded inflows of $451m in the week to December 14, the biggest weekly haul since the first quarter of 2011, according to EPFR. Mutual funds and exchange […]
Submitted by Eric Zuesse via Strategic-Culture.org, Was the Cold War against communism, or against Russia? Russia was our ally in World War II, and we’d have a Nazi world today if 26 million Russians hadn’t died from Hitler’s bombs and attacks while Russia fought on with courage amidst desperation, finally to crush his regime. But Russia was communist, so the Cold War developed after that alliance (the Allies in […]
By Joseph Menn The U.S. agency charged with ensuring that voting machines meet security standards was itself penetrated by a hacker after the November elections, according to a security firm working with law enforcement on the matter. The security firm, Recorded Future, was monitoring underground electronic markets where hackers buy and sell wares and discovered someone offering log-on credentials for access to computers at the U.S. Election […]
If Donald Trump has made bank stocks great again, Janet Yellen has just made them even greater. US financial stocks were on a tear on Thursday, extending their strong post-election market gains after the Federal Reserve raised interest rates on Wednesday and signalled that at least three more rises are on the cards for next year. The prospect that the US central bank might have to raise […]
