Photo President Hassan Rouhani of Iran, center, at a welcome ceremony earlier this month in Karaj, just west of Tehran, has said that his country will remain committed to a nuclear deal with the United States and other world powers. Credit Office of the Iranian Presidency, via Associated Press TEHRAN — At first blush, the election of Donald J. Trump would seem to be bad news for […]
The head of a leading Russian sovereign wealth fund has hailed Donald Trump’s election victory as a new opportunity for Moscow to do business with the US. “We believe having a businessman in the White House who makes pragmatic decisions is very important,” Kirill Dmitriev, chief executive of the state-run Russian Direct Investment Fund, told the Financial Times in an interview. “We believe what is great about […]
Submitted by Stephen Miller via HeatSt.com, The mainstream media continues to freak out over the spread of “fake news” on Facebook and other social media platforms such as Twitter and reddit. Hillary Clinton’s late campaign thinks this is a problem. The Democrat party seems to think people with Facebook accounts are to blame for Hillary’s decision to ignore crucial swing states in the final weeks of the campaign, that likely cost her […]
TOKYO Asian shares were on the defensive on Monday, undermined by fears that the strength in the U.S. dollar and rising U.S. bond yields since Donald Trump’s election to president could accelerate fund outflows from emerging markets. MSCI’s broadest dollar-based index of Asia-Pacific shares outside Japan .MIAPJ0000PUS dipped 0.1 percent, staying near four-month lows. In local currency terms, many markets are up slightly. Japan’s Nikkei .N225 rose […]
The Malaysian central bank’s moves to curb what it describes as “speculative and damaging” offshore trading in the ringgit are causing disquiet among investors and raising concerns about the regulator’s handling of the markets. Bank Negara Malaysia has asked foreign banks to commit to stop trading the ringgit — Asia’s worst-performing currency against the US dollar in 2015 — in the offshore non-deliverable forwards market. Malaysian debt […]
Race weekend is almost here. Whether you will be in the stands at the track or watching the Grand Prix on a big-screen TV in downtown Abu Dhabi, you need to eat. Here are our picks for the best spots to refuel. newslide Dine in the middle of the action If you have your Formula One tickets or a room booked at the Yas Viceroy, you will […]
November 21, 2016 by: Shawn Donnan and Andres Schipani in Lima US President Barack Obama wrapped up his final official trip abroad with a call for his successor Donald Trump to live up to America’s responsibility as an “indispensable nation” in the world, and to bolster the international order it had helped create. Amid fears that Mr Trump’s election victory on the back of a populist anti-internationalist […]
By Mitra Taj and Jeff Mason | LIMA LIMA Pacific rim leaders said on Sunday that they were committed to fighting “all forms of protectionism,” and encouraged signatories of the TPP trade pact to continue supporting it despite fears it may not have a future in its current form. “We reaffirm our commitment to keep our markets open and to fight against all forms of protectionism,” the […]
Here are the questions being asked at FT markets as a new trading week begins after the pronounced swings in equities, bonds and currencies that followed Donald Trump’s election victory in the US. Are the dollar bulls running too fast? When currencies start motoring, forget speed limits. The dollar has accelerated markedly since election day. Pressure on emerging markets is rising, while the euro slid through $1.06 […]
The political comeback of former French president Nicolas Sarkozy ended abruptly on Sunday when he conceded he would not be reaching the run-off of the centre right primaries to fight the presidential campaign next year. A late surge of support for François Fillon caused a major upset, as about 4m voters headed to the polls in the first step of a process expected to give France its […]
The global bond market rout triggered by Donald Trump’s US election victory looks overdone, according to bond investors now betting that the sell-off was too violent and that borrowing costs will remain contained into the start of the new year. Mr Trump is expected to unveil a large, inflation-fuelling economic stimulus package of infrastructure spending and tax cuts, which has stoked fears of an end to the […]
In what seems like a sudden and shocking about face, the Saturday Night Live team of ‘comedians’ appeared to take a shot at the ‘fakeness’ of mainstream media news and the omnipresent (pre- and post-election) bias towards anti-Trump and pro-liberal perspectives on any and every headline that crosses the wires… The hidden ‘WestWorld’-ness of CNN (and the mainstream media)… As ScreenCrush so eloquently puts it, if it […]
Our round-up of the week’s best comment and analysis from the Financial Times focuses on how Donald Trump’s election produced an abrupt change of mood in the markets and examines which assets will now benefit. The selection is taken from our Markets Insight and Smart Money columns, written by industry contributors and FT commentators. Was there a financial markets equivalent of the “shy” Trump supporter to explain […]
Angela Merkel has said she will seek a fourth term as German chancellor, less than two weeks after Donald Trump’s election in the US left her as the west’s pre-eminent liberal leader. The German news agency DPA reported that she had told the leadership of her CDU party, which is meeting in Berlin, that she would stand again as a candidate for chancellor and party leader. The […]
A protest rally in Malaysia against the government of Najib Razak — who is fighting allegations of grand corruption linked to a troubled state investment fund — brought thousands onto the streets of Kuala Lumpur but also spurred a widening official crackdown. Although Saturday’s rally passed off peacefully, 15 activists and opposition politicians have been arrested on charges which human rights campaigners described as “manufactured”. The charges […]
By Tetsushi Kajimoto and Cynthia Kim | TOKYO/SEOUL TOKYO/SEOUL Asian currency policymakers are worried that the strengthening of the dollar on expectations of U.S. President-elect Donald Trump’s fiscal policies could be used by his administration as a stick to beat them with on trade protectionist grounds. China, Japan, South Korea and Taiwan are already on the U.S. Treasury’s monitoring list, along with Germany and Switzerland, having met […]
|By Arabian Post Staff| Donald Trump may not go the full course on his threat to stop imports of crude oil from Saudi Arabia, which he had threatened during the election campaign, analysts say. “We protect countries, and take tremendous monetary hits protecting countries,” Trump said in an interview cited by Reuters. “We lose, monetarily, everywhere. And yet, without us, Saudi Arabia wouldn’t exist for very long.” Trump […]
ABU DHABI // The UN High Commissioner for Refugees has praised the UAE’s pledge to take in 15,000 Syrian refugees, calling it an example for other countries to follow. “It is something I was very happy to hear in New York,” said Filippo Grandi, the UN high commissioner who was in Abu Dhabi on Saturday for the Sir Bani Yas Forum, at which the Middle East’s greatest […]
After everyone from Jesse Jackson, to the terrified mainstream media to prominent Congressional Democrats have called upon Obama to issue a blanket pardon for Hillary Clinton, he finally admitted that it’s not possible to pardon someone who hasn’t yet stood trial for a crime. And while Obama was referencing a potential pardon of Edward Snowden with his comments, one could assume that the law should be applied […]
By David Shepardson | WASHINGTON WASHINGTON Ford Motor Co (F.N), one of Donald Trump’s prime corporate targets on the campaign trail, offered the President-elect a chance to claim a victory late on Thursday by informing him it would not shift production of a Lincoln sport utility vehicle to Mexico from Kentucky. Trump jumped at the chance, claiming in a tweet that he had “worked hard” with Ford […]
newslide Dap-Kings singer Sharon Jones dies Sharon Jones, the powerhouse who shepherded a soul revival despite not finding stardom until middle age, has died at the age of 60. Jones’ representative, Judy Miller Silverman, said that Jones died in hospital after battling pancreatic cancer. Loved ones and members of her retro-soul band, the Dap-Kings, were among those surrounding her, Silverman added. The story of Jones’ battle with […]
Chinese president Xi Jinping vowed on Saturday to open the door even wider to foreign business and play an even greater role in the process of globalisation as Beijing moved to take advantage of Donald Trump’s election and fears that he may herald a new era of US disengagement from Asia. Speaking to business leaders on the sidelines of a 21-country Asia-Pacific Economic Cooperation summit in Peru, […]
November 19, 2016 by: Jeevan Vasagar in Kuala Lumpur Malaysian authorities have intensified their crackdown on anti-corruption protesters, detaining the leader of a campaign group under antiterrorism legislation as thousands of demonstrators gathered on the streets of the capital demanding the resignation of prime minister. Protesters in yellow T-shirts flooded the streets of Kuala Lumpur on Saturday, waving Malaysian flags and caricatures of Najib Razak, who has […]
19 November 2016 MARRAKECH, Morocco (19 November, 2016) – In response to the close of COP22, Manuel Pulgar-Vidal, leader of WWF International’s Climate & Energy Practice, issued the following statement: “The UN climate talks continue to be filled with twists and turns, but they have delivered what they needed to this week – putting substance behind the promise of the Paris Agreement so it can be fully […]
