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Barnes & Noble, putatively regarded as the largest U.S. retail bookseller, is releasing its most affordable tablet yet named the Nook Tablet, a lightweight Android-powered tablet. Per usual, the Nook Tablet will have access to Barnes & Noble’s sweeping content, which the company claims to include millions of Nook books, thousands of Nook audiobooks and hundreds of magazines accessible via its proprietary Nook store. Nook Tablet While the […]

Warning: Full spoilers for the episode below. These past couple episodes of South Park have served as a major showcase for just how adaptable Trey Parker and Matt Stone can be. Last week, “Oh, Jeez” had to be reworked at the very last minute to reflect Donald Trump’s unexpected election victory. And as continuity-driven as this season has been from the start, that shake-up is still having […]

In September 1982, I was a wide-eyed, curious, and enthusiastic first-year undergraduate at a British university. I was excited at the prospect of getting involved in student life, and spent the first week joining societies and clubs that appealed to my interests. I joined the Overseas Students Association, the Arab Society, the Soul and Jazz Funk Society and the Indian Society (they make the best food and […]

Since last week’s US elections, emerging market assets have been spooked by the possibility of higher US interest rates and greater trade protectionism. That this should result in sudden and broad-based losses for holders of all types of EM investments — including equities, local debt, external bonds and currencies — should not come as a great surprise. What is unusual, however, is for such large losses to […]

By Masayuki Kitano and Lisa Twaronite | SINGAPORE/TOKYO SINGAPORE/TOKYO The dollar caught its breath on Thursday, after charging to a 13-1/2 year high against a basket of currencies on bets the Trump administration will adopt inflationary policies, while the yen sagged after a Bank of Japan bond-buying operation. The dollar index, which tracks the greenback against six major rival currencies, eased 0.1 percent to 100.32 .DXY, after […]

CAIRO — An Egyptian criminal court sentenced a police officer to life in prison on Wednesday for fatally shooting a man who refused to give him a free cup of tea. It was an unusual move by a court in a country where the police are generally allowed to act with impunity, human rights activists said. The shooting in April, in which the tea vendor was killed […]

Donald Trump has pushed back on claims that infighting is hampering the critical process of putting in place his cabinet and top officials, insisting that his presidential transition is on track despite a series of dismissals and resignations. “It is going so smoothly,” Mr Trump tweeted on Wednesday, saying reports of chaos inside the team now headed by Mike Pence, his vice-president, were “totally wrong”. He also denied the transition […]

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Lawyer Hani Hussein, who was barred from participating in the parliamentary polls, has claimed a “big surprise” could delay Kuwait’s November 26 elections and lead to the reinstatement of the 2013 National Assembly which was dissolved in October. Hussein made the announcement on his official Twitter account but declined to reveal the nature of the surprise. However, he said it relates to a provision in the election […]

Global investor expectations of inflation have surged to their highest level in more than a decade, according to a survey of money managers that underlines how Donald Trump’s election as US president has electrified financial markets. More than 80 per cent of those surveyed this month by Bank of America Merrill Lynch believe that the global level of prices will rise over the next 12 months. Although […]

For four years, officials said, they had patiently requested that Dharam Pal Singh provide reliable evidence to verify his birth date: school records, military records, baptismal records, medical records, school records of his children. “We have absolutely nothing to prove how old he really is,” Pashkin said. “He could be 80; he could be 100. We don’t know.” Through the years, Singh had not been consistent in […]

Wednesday 17:00 GMT. US and European stocks were softer as the dollar hit a 13-year high and bond yields eased off multi-month peaks, as investors reined in bets that US president-elect Donald Trump’s pledge of infrastructure spending and tax cuts would accelerate inflation. In Europe, Germany’s Dax fell 0.7 per cent as shares in Bayer fell 4.2 per cent after the drugmaker raised €4bn to pay for […]

A popular measure of the dollar climbed to its highest level in more than 13 years, propelled by the expectation of rising US interest rates, the expectation of significant fiscal stimulus and concerns about the rise of populist forces in Europe. The DXY, an index that measures the dollar against a basket of its main peers and primarily weighted to the euro, gathered pace on Wednesday, rising […]

Photo Destroyed buildings in the Syrian village of Kfar Jales, near Idlib, on Wednesday, following air strikes by Syrian and Russian warplanes. Credit Omar Haj Kadour/Agence France-Presse — Getty Images LONDON — President Bashar al-Assad of Syria, in his first remarks since the American election, has called President-elect Donald J. Trump “a natural ally, together with the Russians, Iranians and many other countries” in the struggle against […]

German security officials have warned that Russia may try to interfere in Germany’s parliamentary election next year amid claims that Moscow meddled in this month’s US presidential poll.  Hans-Georg Maassen, head of the domestic BfV intelligence agency, expressed concern that the Kremlin was seeking “to influence public opinion and decision-making processes” in Germany. His warning echoes comments by Chancellor Angela Merkel who said last week that there were […]

The trade-weighted dollar has hit its highest level since the day US forces closed in on the capture of Saddam Hussein towards the end of the Iraq war more than 13 years ago. The index that measures the greenback against a basket of its peers gathered pace on Wednesday, rising to 100.530, reports Roger Blitz. That takes it past the previous intraday high of 100.510 reached on […]

This year marks the 60th anniversary of the Suez Crisis that shocked the western world with its tangles of politics and nationalism, greed and opportunism, imperial manoeuvring and Cold War brinkmanship. Michael Doran, former White House Middle East adviser and a deputy assistant secretary in the department of defence under President George W Bush, in his new book Ike’s Gamble: America’s Rise to Dominance in the Middle […]

Russia launched its long-awaited offensive across Syria on Tuesday just hours after Vladimir Putin discussed the conflict with Donald Trump amid growing questions about how the incoming American president will deal with his Russian counterpart. Sergei Shoigu, Russia’s defence minister, said the air strikes were targeting Isis and Syrian jihadis, their ammunition depots and training camps, in the provinces of Idlib and Homs. Opposition activists said the […]

Wednesday 09:20 GMT. European stocks are tracking a mostly positive showing in Asia as Wall Street eyes record highs on hopes the Trump administration’s pledge of infrastructure spending and tax cuts will boost the US economy. The dollar and government bond yields are a touch firmer, keeping gold and industrial commodity prices in check. After the FTSE Asia-Pacific equity index rose 0.6 per cent, the pan-European Stoxx […]

Center for Public Integrity veteran John Dunbar has taken over as  the organization’s new chief executive officer. Dunbar, 52,  has worked at the Center for more than 12 years covering three separate stints. He first worked for the Center from 1999-2006, and during that time created the “Well Connected” project, an investigation of the political ties of the media and broadband industries. He came back briefly in […]

Long-simmering tensions between Donald Trump and the Washington foreign policy establishment burst into the open on Tuesday after a respected former congressman quit the transition team and a leading neoconservative publicly warned colleagues not to join the incoming administration. Mike Rogers, former chair of the House intelligence committee who had been one of the senior figures advising the transition on national security, stepped down as head of […]

At the end of last week, the Reserve Bank of New Zealand cut interest rates. It could yet prove the last central bank to do so in the current cycle. For an inkling of why, look no further than the US government bond market. Treasuries are enduring their worst sell-off since the taper tantrum of 2013, when then Federal Reserve chairman Ben Bernanke first signalled the end […]

TOKYO A pause in both the sell-off in global bonds and sharp rise in the dollar following Donald Trump’s election victory, together with Wall Street’s record high overnight helped Asian shares steady on Wednesday from a four-month low struck a day earlier. President-elect Trump’s plans to cut taxes and boost infrastructure spending would boost demand while his proposals to deport illegal immigrants and impose tariffs on cheap […]

Snapchat parent company, Snap Inc., has just filed confidentiality for its initial public offering (IPO), according to reports. News about a Snapchat IPO at a $25 billion valuation first surfaced back in October, and new reports now bolster such claims. The company is reportedly seeing to raise $4 billion, which would lead to a valuation of $25 to $35 billion. The confidential filing with the Securities and Exchange […]

|By Matein Khalid| Donald Trump’s shock win will have a profound impact on the GCC economic constellation via multiple feedback loops. His economic policies mean a much higher US dollar, anathema to GCC economies since it correlates with stock/property market crashes, banking stress and oil slumps. This is the macroeconomic linkage due to the GCC US dollar peg whose lessons the region learnt the hard way in […]

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