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To an outsider, it looked preposterous. The archaeologists were cataloging and storing absolutely everything, treating this physical material as though it were digital information — JPEGs of itself. And yet they couldn’t afford not to: Everything a Neanderthal came into contact with was a valuable clue. (In 28 years of excavations here, archaeologists have yet to find a fossil of an actual Neanderthal.) “This is like putting […]

By EconMatters We discuss the Carry Trade, ultimate demise of the European Union, answer viewer questions, touch on the oil market, and dog financial media for the rating`s whores that they truly are in this video. There is some buy the rumor, sell the news effect in the oil market today, but we are still pretty bearish on the fundamentals of the industry, and the current supply […]

Airbus posted an eight percent rise in deliveries last year, beating its own forecasts by a comfortable margin to set a company record, and pulled off a last-minute surge in orders to beat arch-rival Boeing in the race for new orders. Confirming an estimate published by Reuters, the European planemaker said on Wednesday it delivered 688 aircraft in 2016, compared with an official company forecast of more […]

PARIS Alois Brunner, an Austrian SS officer found responsible for the World War Two deportation of 125,500 European Jews to Nazi death camps, died in a Syrian jail cell in 2001, according to a report by two journalists published in France. Until now, Brunner, Adolf Eichmann’s right-hand man, was reported to have died around 2010 in Damascus, where he fled in 1954 and lived under government protection, […]

By Andreas Cremer | BERLIN BERLIN Volkswagen’s (VOWG_p.DE) supervisory board is meeting on Wednesday to approve a draft $4.3 billion settlement with the U.S. Justice Department, marking a milestone in its attempts to recover from its emissions test cheating scandal. Shares in Europe’s biggest carmaker rose as much as 4 percent as investors welcomed the latest move to draw a line under the biggest business scandal in […]

LONDON Prime minister Theresa May said on Wednesday that Northern Ireland would continue to have a say in Britain’s preparations for leaving the European Union, despite the likelihood of fresh elections in the province. Northern Ireland’s deputy leader, Martin McGuinness resigned on Monday, effectively collapsing its devolved government and risking political paralysis in the region as Britain plans its exit from the EU. “In the discussions that […]

By Andrew Osborn | MOSCOW MOSCOW The Kremlin says U.S. intelligence agency allegations it ran an influence campaign to help President-elect Donald Trump win the White House are false. But if U.S. spies are right, Moscow may wish it hadn’t bothered to meddle in the first place. The belief, widely held in the West, that the Kremlin helped discredit Democratic rival Hillary Clinton by orchestrating embarrassing media […]

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PARIS France needs immigration quotas, presidential election frontrunner Francois Fillon said on Wednesday ahead of a visit to the south-east border town of Menton. Immigration and security are top issues in the campaign for the presidential elections starting in April, with the leader of the far-right, anti-immigration National Front, Marine Le Pen, saying France must exit the EU’s border-free area. “I want France to be able to […]

Wednesday 08:30 GMT Overview European stocks and US index futures are lacking momentum, while government bond yields see minimal moves, as traders appear wary of making bold bets ahead of a press conference later in the day from US president-elect Donald Trump. The dollar is steady against the euro but the Turkish lira has hit another record low. Industrial commodity prices mostly are holding recent gains. Hot […]

Bjarni Benediktsson, leader of the conservative Independence Party, is Iceland’s new prime minister. (Halldor Kolbeins/Agence France-Presse) The Panama Papers — a huge leak of documents detailing the alleged secret offshore holdings of a global elite — were released in April 2016. The leak made headlines all over the world, but its impact was probably most keenly felt in Iceland. Just two days after the leak appeared, Icelandic Prime Minister Sigmundur David Gunnlaugsson […]

Norway will today become the first country in the world to begin switching off FM radio and moving fully to digital in a move that has stoked controversy nationally and widespread interest abroad. The switch-off will start in the town of Bodo, northern Norway, at 11.11am and will be rolled out across the country throughout this year. Countries such as the UK, Switzerland and Denmark will be monitoring […]

Can thermal solar energy be stored until wintertime? Within a European research consortium, scientists have spent four years studying this question by pitting three different techniques against each other. (via WSJ)

In a dramatic example of blowback against the establishment in the post-Trumpian world, Hungary announced it plans to crack down on non-governmental organizations linked to billionaire George Soros now that Donald Trump will occupy the White House, according to the deputy head of Prime Minister Viktor Orban’s party, cited by Bloomberg. The European Union member, and native country of Soros, will use “all the tools at its […]

Your daily guide to community and cultural activities across the Emirates for January 11, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Ajman Wedding fair Attend the opening of The Ajman Palace Hotel Wedding Fair, which features more than 50 vendors, designers and wedding planners from around the country catering to luxury weddings. Following the ribbon-cutting […]

By Shadia Nasralla | VIENNA VIENNA Iran decided not to escalate a stand-off over the extension of U.S. sanctions at a meeting of diplomats overseeing the nuclear deal it reached with world powers in 2015, senior Russian and Iranian diplomats said after the session on Tuesday. Tehran threatened last month to retaliate against a U.S. Senate vote to extend the Iran Sanctions Act (ISA), saying it violated […]

The FTSE 100 notched up its longest run of record highs on Tuesday as another low for sterling helped the UK’s blue-chip index outperform European peers. The main London benchmark added 0.5 per cent, up 37.7 points to 7,275.47. It was the FTSE’s ninth consecutive record-high close as well as its 11th consecutive gain, a winning streak it has only equalled three times — in 1997, 2004 […]

By Amanda Ferguson | BELFAST BELFAST After a decade of bitter compromises over paramilitaries and policing, Northern Ireland’s power-sharing government finally fell apart this week over the abuse by farmers of a green-energy grant to burn fuels such as wood pellets instead of coal. The confrontation has exposed a growing rupture in trust between Catholic Irish nationalists and pro-British Protestant unionists whose cooperation underpins the 1998 Good […]

Expedition 50 Flight Engineer Thomas Pesquet of the European Space Agency photographed the Rocky Mountains from his vantage point in low Earth orbit aboard the International Space Station. He shared the image with his social media followers on Jan. 9, 2017, writing, “the Rocky mountains are a step too high – even for the clouds to cross.” Source link

By Parisa Hafezi | ANKARA ANKARA The death of former president Ali Akbar Hashemi Rafsanjani deprives Iran’s reformers of a powerful ally, boosting anti-Western hardliners before a presidential election which will determine how open Tehran is to the world. The loss of Rafsanjani’s skills as a factional powerbroker also means rivalries in Iran’s unwieldy dual system of clerical and republican rule could grow unchecked, testing the stability […]

Jeremy Corbyn has backed a cap on high earnings as a way to reduce income inequality, as the Labour leader makes a fresh pitch to UK voters. Mr Corbyn told the BBC on Tuesday: “I would like there to be some kind of high earnings cap, quite honestly.” The Labour leader described the UK as a bargain basement economy on the shores of Europe. “We have the […]

The Merry Christmas ransom note features Futurama’s evil Robot Santa. Image: SANS Internet Storm Center Unsuspecting internet users could find themselves on the receiving end of an unwanted belated Christmas present, malware that doesn’t only encrypt their Windows PC and hold it to ransom, but also steals personal data and login credentials. Spotted by cybersecurity researchers in the first week of the year, the Merry Christmas ransomware […]

PARIS French conservative presidential candidate Francois Fillon said on Tuesday he would meet German Chancellor Angela Merkel in the coming days to outline his plans for Europe. “The election of Donald Trump and the Berlin tragedy change things in Europe,” Fillon said, referring both to the U.S. election and the Berlin truck attack claimed by Islamic State. “For the United States, our continent will likely not be […]

Submitted by Soeren Kern via The Gatestone Institute, Sharia courts administering Islamic justice in Britain are run by clerics who believe some offenders should have their hands chopped off, according to Muslim scholar Elham Manea. She described the prevailing attitude as “totalitarian” and as more backward than some parts of Pakistan. Teaching children fundamental British values is an act of “cultural supremacism,” according to the National Union […]

Yep, it’s still falling. Turkey’s battered currency is taking no break from its recent woes at the start of European trading this morning and is down another 1.2 per cent against the dollar on the day. That takes its 2017 losses to an already whopping 7 per cent against the greenback at TRY3.7589 – another record low having suffered its worst daily blow since July just yesterday. […]

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