Dec 14, 2016 10:30 am IST As for the rest of the world, 2016 has been an eventful year for India. From the cash crunch to pollution to terrorist attacks to the Rio Olympics, there has been plenty for Indians to talk about online. Twitter, Facebook and YouTube have ranked the most talked about events, videos, people and hashtags of 2016. Perhaps unsurprisingly, Twitter said Indian Prime […]
December 14, 2016 by: Robin Harding in Tokyo Optimism at Japanese companies is on the rise for the first time in 18 months after Donald Trump’s election as US president breathed new life into the country’s drive to escape deflation. The Bank of Japan’s closely watched tankan index for large manufacturers rose from +6 to +10 in December, the first increase since the second quarter of 2015, […]
Philippine president Rodrigo Duterte has said he personally killed suspected criminals when he was mayor of a southern city in order to set an example for police. Duterte made the comments in a speech late on Monday night to business leaders as he discussed his campaign to eradicate illegal drugs, which has seen police and unknown assailants kill thousands of people since he became president on 30 […]
When Liev Schreiber visited The Washington Post for a sitdown with Executive Editor Marty Baron, the veteran newsman tried to keep it quiet. Baron hadn’t told anybody the award-winning actor was there to talk with Baron before portraying him in “Spotlight.” But, since it’s a newspaper, word got out anyway. People streamed by Baron’s office, “including a woman who went by the first time with her hair […]
In a massive (in a literal sense, printing at 25 pages and over 8,000 words as there is little new information revealed in the piece itself) expose issued by the NYT tited “The Perfect Weapon: How Russian Cyberpower Invaded the U.S.” and meant to piggyback on the WaPo’s recent reporting and solidify the left-leaning media’s case that Hillary lost the election, the New York Times try to […]
By Marc Jones | LONDON LONDON A quarter of a century after the collapse of the Soviet Union, life satisfaction in Russia and other ex-Soviet states remains stubbornly low, and enthusiasm for democracy and open market economics is wavering, a survey published on Tuesday showed. The study found that only 15 percent of Russians think their households have a better quality of life, compared with 30 percent […]
Investors are making a record bet on global bank shares following the US election, according to a new survey of institutional money managers that also highlights the risks to the sector if Donald Trump fails to deliver faster economic growth. The allocation that investors made to bank stocks this month climbed to a weighting of 31 per cent above their benchmarks, up from 25 per cent in […]
By Steve Holland | WASHINGTON WASHINGTON President-elect Donald Trump named the head of Exxon Mobil Corp (XOM.N), Rex Tillerson, as his choice for U.S. secretary of state on Tuesday and won backing from some Republican foreign policy figures ahead of a possible Senate fight over the oilman’s ties to Russia. The Exxon CEO potentially faces difficulties getting confirmed in the Republican-controlled Senate. Some lawmakers worry about his […]
Iran has told its scientists to start developing a nuclear propulsion system for shipping, in what it says is a response to the extension of US bilateral sanctions against Tehran. The US Senate voted this month to extend the president’s authority to impose financial sanctions on Iran for a further 10 years. The Islamic Republic regards the move as a breach of last year’s nuclear agreement between […]
Submitted by Lance Roberts via RealInvestmentAdvice.com, During my morning reading, I ran across an interesting article from Paul Lim via Time giving several reasons why the stock market will “rise for a ninth straight year.” “For ordinary Americans, 2017 is likely to feel like the best year economically since the Great Recession. The recovery is finally expected to trickle down to you in the form of […]
Low interest rates pose one of the biggest threats to the US economy and expose investors to the potential for heavy loses from a price shock across a range of markets, according to an independent arm of the US Treasury. The concerns are raised in the Office of Financial Research’s annual financial stability report to Congress, which concludes that threats to stability remain “in a medium range”. […]
By Sebastien Malo NEW YORK (Thomson Reuters Foundation) – New York City’s Times Square has long been famous for its neon advertising, giant billboards and characters dressed up as anything from Mickey Mouse to the Statue of Liberty. But in the past couple of weeks a look-alike of Vice President-elect Mike Pence has been attracting the attention of passersby in one of the city’s busiest areas. New […]
Russia’s rouble has cemented its position as the best-performing currency of the past three months, enjoying the benefits of a strong oil price at a time when the US appears to be tilting towards a more accommodating relationship with Vladimir Putin. A 2.3 per cent rise in the rouble’s value against the dollar on Monday was followed by a further half per cent gain during Tuesday trading. […]
By Gabriela Baczynska | BRUSSELS BRUSSELS The European Union will not pay towards rebuilding post-war Syria if Moscow and Damascus leave no space in the future for opposition to President Bashar al-Assad’s government, according to a draft joint statement from the EU’s 28 leaders. For weeks, Syrian, Russian and Iranian firepower has pounded rebels – including those backed by the West and Turkey – in what was […]
Wall Street looked set to open higher on Tuesday, as investors keep a close watch of the Federal Reserve’s two-day meeting where it is widely expected to raise interest rates for the second time since the financial crisis. A hike of 25 basis points in the Fed’s target range of 0.25-0.50 percent is priced in, but investors will be examining the Fed’s statement and economic forecasts for […]
YANGON A newsman reporting on sensitive topics such as illegal logging and crime in Myanmar’s rugged northwest border region was found beaten to death on Tuesday, police said, the fifth killing of a journalist since 1999. A vibrant domestic media has flourished since Myanmar eased media restrictions in 2012 as it began a transition from decades of military rule, but reporters can face intimidation or legal threats […]
BUCHAREST Romania’s President Klaus Iohannis called political parties for a first round of consultations on Wednesday on forming a new government following Sunday’s national election. The Social Democrat Party won the ballot with just under 46 percent of votes in both houses of parliament, official results from more than 99 percent of polling stations showed. It is in pole position to form the new government after its […]
By Nigel Stephenson | LONDON LONDON Global shares edged up on Tuesday, helped by gains in banks after Italy’s largest lender unveiled a 13 billion euro share issue, while the dollar held steady before a Federal Reserve meeting expected to deliver higher interest rates. UniCredit launched Italy’s biggest share issue to clean up its balance sheet and boost profitability in the latest move to strengthen the Italian […]
JAKARTA, Indonesia (AP) — The minority Christian governor of Indonesia’s capital sobbed in court Tuesday on the first day of his blasphemy trial as he recalled the role of Muslim godparents in his childhood and said he would never intentionally insult Islam. The national upheaval over the governor’s alleged blasphemy has challenged Indonesia’s reputation for practicing a moderate form of Islam, shaken the government and exposed religious […]
December 13, 2016 by: Demetri Sevastopulo in Washington Donald Trump is poised to name Rex Tillerson, chief executive of ExxonMobil, as his secretary of state, ignoring criticism that the oil and gas man is too close to Russian president Vladimir Putin and the Kremlin. Mr Trump tweeted on Monday that he would formally unveil his choice for the high-profile cabinet position on Tuesday morning. US media reported […]
Former New York Times White House correspondent Peter Baker will make an abrupt return to Washington, D.C. from Israel to cover the White House, the newspaper announced Monday. Baker, who moved to Jerusalem earlier this year after covering the run-up to the election, is being brought back to complete the Times’ political team. Baker is a 15-year veteran of the White House beat and has covered Barack […]
By Emmanuel Jarry and Andrew Callus | PARIS PARIS France’s far-right National Front leader Marine Le Pen, who wants to become president in next spring’s elections, celebrated Britain’s vote to leave the European Union. “Victory for freedom!” she said on her Twitter page in June after Britons voted for Brexit. “We now need to hold the same referendum in France and in (other) EU countries.” But unlike […]
By Steve Holland | WASHINGTON WASHINGTON President-elect Donald Trump will announce Exxon-Mobil Corp’s Rex Tillerson as his choice for secretary of state on Tuesday, a senior transition official said, confident that the oil executive can get past questions about his ties to Russia. Trump is to make the announcement on Tuesday morning, going with a business leader whose experience in diplomacy is from making deals with foreign […]
By Kanupriya Kapoor | JAKARTA JAKARTA A tearful governor of Jakarta denied on Tuesday he had intended to insult the Koran at the start of his blasphemy trial in the Indonesian capital, which is seen as a test of religious freedom in the world largest Muslim-majority nation. Around 100 Muslim protesters calling for the jailing of Governor Basuki Tjahaja Purnama, an ethnic Chinese Christian, chanted “God is […]
