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By Susan Cornwell | WASHINGTON WASHINGTON The U.S. Senate on Thursday took a first concrete step toward dismantling Obamacare, voting to instruct key committees to draft legislation repealing President Barack Obama’s signature health insurance program. The vote was 51-48. The resolution now goes to the House of Representatives, which is expected to vote on it this week. Scrapping Obamacare is a top priority for the Republican majorities […]

The New York Stock Exchange is expanding trading on its storied floor as part of a move to an integrated technology system for trading equities and options on its markets. NYSE, owned by Intercontinental Exchange, plans to roll out the technology system, called Pillar, throughout 2017. As part of the move it will increase the number of securities that can be traded on the floor from 3,166 […]

Photo James E. Cartwright, a retired Marine general, arriving at Federal District Court in Washington in October. Credit Pablo Martinez Monsivais/Associated Press PWASHINGTON — Federal prosecutors asked a judge on Tuesday to sentence James E. Cartwright, a retired Marine Corps general and former vice chairman of the Joint Chiefs of Staff, to two years in prison for lying to F.B.I. agents about his discussions with reporters about […]

By Lisa Lambert and Emily Stephenson | WASHINGTON WASHINGTON U.S. President-elect Donald Trump on Tuesday put renewed pressure on congressional Republicans working to repeal Obamacare, insisting that lawmakers pass a replacement for the healthcare law at the same time or soon after they vote to dismantle it. In an interview with the New York Times, Trump said he wanted a substitute for President Barack Obama’s healthcare law […]

Dubai, United Arab Emirates –  10 January 2017, ELABELZ.com, GCC’s newest trendy fashion mall is welcoming the New Year by unveiling an expansion of its operations and facilities by 200% in the wake of demand growth and wider ecommerce market penetration in the MENA region as a whole and the GCC in particular. ELABELZ state-of-the-art operations base and warehousing facilities is being tripled to accommodate the increase […]

Since the dawn of the century, Java Enterprise Edition (Java EE) has been at the core of many, if not most, enterprise web-centric, service-oriented, cloud-capable computing assemblies. Lately, though, even its proponents have been asking if the venerable framework has outlived its usefulness, and is being supplanted by lighter, nimbler and simpler setups, such as containers, cloud services, or APIs. Photo: Joe McKendrick All this is happening […]

A year ago Mohammed bin Salman, Saudi Arabia’s deputy crown prince and the power behind the throne, electrified the global energy industry by revealing plans to float the world’s largest oil producer. The ambitious proposal for an initial public offering in state-owned Saudi Aramco is the centrepiece of the hard-charging 31-year-old’s vision to overhaul an economy seen as too heavily dependent on natural resources. One year on […]

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Submitted by Brandon Smith via Alt-Market.com, Yes, the narrative of the “new normal” has been around for so long now that many people have simply grown used to it. The assumption is that the fiscal “new normal” has become the fiscal “normal,” and though the fundamentals continue to strain under the weight of poor global demand and historic debt levitated by extraneous fiat stimulus, the masses feel […]

By Roberta Rampton | WASHINGTON WASHINGTON President Barack Obama said on Friday that criticism from the left wing of his own Democratic Party helped feed into the unpopularity of Obamacare, his signature healthcare reform law. Obama has been spending part of his last two weeks in office urging supporters to speak out against plans by Republicans – who will soon control both the White House and Congress […]

DUBAI, UNITED ARAB EMIRATES: 5 January 2017  Thomson Reuters, the world’s leading source of news and information for professional markets and the Dubai Financial Services Authority (DFSA), will co-host the 11th MENA Regulatory Summit on February 5th & 6th in Dubai, United Arab Emirates. Held under the patronage of the UAE Minister of Economy, H.E Sultan bin Saeed Al Mansouri, the summit will debate key challenges that […]

Never mind football’s alarmingly martial terminology. What Saban, who cut his coaching teeth on defense, noticed and passed along helped Alabama find solutions that led to 269 rushing yards — more than twice the average Washington had allowed in games this season. Continue reading the main story “It’s good for the offense,” Bobby Williams, a special assistant who has held several coaching jobs on Saban’s staffs, said […]

By Richard Cowan and Susan Cornwell | WASHINGTON WASHINGTON The Republican-led U.S. Congress had a rough start to its first session of the Donald Trump era on Tuesday when a public outcry that included a dressing-down from the president-elect prompted the House of Representatives to backtrack on its plans to defang an ethics watchdog. It was supposed to have been a ceremonious beginning in which lawmakers set […]

WASHINGTON Republican U.S. Senator Mike Enzi introduced on Tuesday a resolution allowing for the repeal of President Barack Obama’s signature health insurance programme, which provides coverage to millions of Americans, Enzi’s office said in a statement. The move by the Senate’s budget committee chairman on the first day of the new Congress set in motion the Republican majority’s promise to repeal the 2010 Affordable Care Act, known […]

Funding activity for advertising technology start-ups has crashed to its lowest point in five years, underlining the struggle faced by the ad sector as Google and Facebookbecome dominant. Adtech, an umbrella term for companies that automate and facilitate the buying and selling of digital advertising, rose to prominence over the past five years, but appears now to be on the decline. The number of global adtech venture […]

LONDON Digital currency bitcoin kicked off the new year by jumping above $1,000 for the first time in three years late on Sunday, having outperformed all central-bank-issued currencies with a 125 percent climb in 2016. Bitcoin – a web-based “cryptocurrency” that has no central authority, relying instead on thousands of computers across the world that validate transactions and add new bitcoins to the system – jumped 2.5 […]

The women cowered behind a flimsy bedroom door. One of them dialed 911. Another clutched a stubby kitchen knife. Continue reading the main story Since leaving the corps in 2012, Siatta had been unable to switch off the habits of war. He was hypervigilant and struggled to relax. He watched people, sizing them up and scanning for threats. In the varying situations of everyday life, he constantly […]

ABU DHABI // Authorities have launched awareness campaign against the unofficial remittance of money, which can lead to exploitation, fraud and security risks. New figures show that more than a fifth of money remitted, for example, to Bangladesh from the UAE, is moved through these illegal means. According to the Bangladesh Bureau of Statistics, in the 2015-2016 financial year, the 700,000 Bangladeshis in the UAE sent Dh9.9 […]

M&A: back with a bang Deal activity was vigorous with much of it concentrated just below the level of the industry’s biggest companies. Nasdaq bought International Securities Exchange for $1.1bn, while CBOE Holdings announced a $3.2bn deal for Bats Global Markets in September. Of most significance, the pending €24bn tie-up between London’s LSE Group and Deutsche Börse, which will create Europe’s largest exchange. As the chart above […]

On the other were Mr. Netanyahu and Mr. Trump, firing back at what they deemed a hypocritical betrayal of America’s closest friend in the Middle East. Continue reading the main story If Mr. Obama and Mr. Kerry were playing for history, Mr. Netanyahu and Mr. Trump were playing for time. The departing administration intended for the speech to lay out a path to peace that they had […]

|By Arabian Post Staff| Abu Dhabi Stock Exchange (ADX) announced that short selling will be allowed for selected stocks from next year. The move is aimed at boosting trading volume and to attract foreign investors to the illiquid market. ADX is currently meeting brokerages ahead of the introduction of  short-selling service early in 2017, according to a statement posted on the bourse’s website. The step would make […]

What a year it was for television. The idea that this is a golden age for small-screen entertainment has become almost a cliché, but there is no denying we have never had so much high-quality TV entertainment to choose from – so much so, it is tough to keep up. We have limited our best-of list to just five, which means we had to reluctantly leave out […]

The FBI has launched an investigation into the security breach that had affected computers of the Federal Deposit Insurance Corporation for several years starting from 2010, according to people familiar with the matter. Senior officials of the FDIC believe that the infiltration was sponsored by the military of China, as revealed in a congressional report that was published in July. Hackers Invade The FDIC According to the congressional […]

A decade of monitoring aerial insect migration reveals that trillions of individuals travel above us each year. Migration contributes greatly to seasonal exchanges of biomass and nutrients across the Earth’s surface; however, even though insect migration surpasses all other aerial migratory phenomena in terms of sheer abundance, it remains largely unquantified. Source

Abu Dhabi, December 22, 2016  H.E. Eng. Sultan bin Saeed Al Mansoori, UAE Minister of Economy (MOE), recently met with Suren Karayan, Minister of Economic Development and Investments of Armenia to discuss key ways to further expand economic and trade relations between the two countries–building investment partnerships in sectors that would bring mutual benefits to both countries based on their respective capabilities. The discussion took place during […]

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