Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. Major Garrett of CBS News is rising to the defense of the extravaganza that is the White House Correspondents’ Association Dinner — and he is nearly convincing. Garrett is a very good, no B.S. reporter who adeptly made the print-to-TV […]
A model of EHang 184 and the next generation of Dubai Drone Taxi is seen during the seconde day of the World Government Summit in Dubai, United Arab Emirates, Monday, Feb. 13, 2017. Dubai hopes to have a passenger-carrying drone buzzing through the skyline of this futuristic city-state in July. Mattar al-Tayer, the head of Dubai’s Roads & Transportation Agency, made the surprise announcement Monday at the […]
By Manolo Serapio Jr | MANILA MANILA A group of miners on Monday opposed the appointment of the Philippine environment minister saying her ordered closure of more than half of the country’s mines showed an “undeniable bias” against the sector. Regina Lopez, a former environmental activist appointed by President Rodrigo Duterte last June, is among a few cabinet members who have yet to be confirmed by Congress. […]
KABUL The number of Afghan refugees returning from Pakistan, already at the highest level in years, may increase this year if Pakistan maintains its forceful policies, Human Rights Watch said on Monday. Last year, hundreds of thousands of Afghan refugees left Pakistan, a 12-year-high that the rights group called the “world’s largest unlawful mass forced return of refugees in recent times”. Aid workers and Afghan officials worry […]
It’s old news by now that way more than half of digital traffic comes through the side doors of social media and search rather than a reader selecting from a home page menu. That’s OK, the theory goes, because at least readers are exposed to the content and will take note of the source. But that brand-building effect may be much weaker than supposed, a new Pew […]
By Meng Meng and Josephine Mason | BEIJING BEIJING China is considering forcing steel and aluminium producers to cut more output, banning coal in one of the country’s top ports and shutting some fertiliser and drug plants as Beijing intensifies its war on smog, a draft policy document shows. The Ministry of Environmental Protection (MEP) has proposed the measures in a draft policy document seen by Reuters. […]
Compliance with a global supply cut deal by OPEC and non-OPEC oil producers is expected to improve over the next months, the UAE Energy Minister said on Sunday. OPEC has delivered more than 90 percent of pledged oil output curbs in January, according to figures the exporter group uses to monitor its supply seen by Reuters, making a strong start to implementation of its first production cut […]
A period of consumer spending, retail sales and housing weakness may be imminent, after federal tax refunds tumbled by 78% in the early part of February compared to 2016, the result of a new law which requires the IRS to delay the printing of checks to households claiming specific tax credits. The reason for the slowdown is that in late 2015 Congress passed a law forcing the […]
Credit: Salk Institute Although we spend a lot of our time online nowadays—streaming music and video, checking email and social media, or obsessively reading the news—few of us know about the mathematical algorithms that manage how our content is delivered. But deciding how to route information fairly and efficiently through a distributed system with no central authority was a priority for the Internet’s founders. Now, a Salk […]
Though steep print ad revenue losses persisted in the fourth quarter of 2016, Gannett and McClatchy both reported today slightly improved financial performance heading into the new year. Gannett’s USA Today Network posted a revenue gain compared to the same period in 2015, even though print ads declined at about the same rate as in the third quarter — 15.4 percent. But most of the added revenue […]
PNC Menon is a busy man — it takes several months to lock an interview into his diary. But on the day of our meeting in Dubai, the Indian-born real estate developer exudes characteristic warmth and courtesy, refusing to allow Arabian Business to leave without a bowl of Middle Eastern halva and repeatedly asking whether we have enough milk in our tea. A long-term UAE resident and […]
DUBAI Compliance with a global supply cut deal by OPEC and non-OPEC oil producers has been high in January and that level of commitment is expected to improve over the next months, the United Arab Emirates Energy Minister said on Sunday. “The first month I see the commitment around OPEC has been there from the various independent sources. The level of commitment is high and we are […]
Opec countries drastically curbed their output in the first month of their new production agreement, in the clearest sign to date that the world’s biggest oil producers are committed to living up to the November pact to cut global supplies. The limits adopted by the oil cartel in January have been “one of the deepest in the history of Opec output cut initiatives”, the International Energy Agency […]
With the news cycle clearly far less interested in Trump’s golf game or Abe’s handicap, just before 8am local time (6pm ET), North Korea decided to provide CNN with some “exciting” news when it fired a ballistic missile into the sea off its east coast, South Korea’s military said, in what was the latest test of Trump’s resolve to retaliate to North Korean provocations. This was the […]
ISTANBUL A Turkish court on Saturday remanded in custody an Uzbek national accused of killing 39 people in an Istanbul nightclub on New Year’s Day, state-run media said, an attack the authorities blamed on Islamic State. Abdulgadir Masharipov, who was caught in a police raid in Istanbul on Jan. 16, was formally charged with membership of an armed terrorist group, multiple counts of murder, possession of heavy […]
Under the patronage of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, and with strategic support from the Ministry of Economy Event a key indicator of smart-service adoption as an important tool for conducting business, supporting smart trade and a knowledge economy Dubai, UAE, 3 February 2017 Under the patronage of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler […]
By Yeganeh Torbati | WASHINGTON WASHINGTON The United States on Friday ratcheted up pressure on Iran, putting sanctions on 13 individuals and 12 entities days after the White House put Tehran “on notice” over a ballistic missile test. The move against Iran is the first by the U.S. government since President Donald Trump took office on Jan. 20 after vowing during his 2016 campaign to get tough […]
GENEVA A renewed assault on Islamic State fighters in the Iraqi city of Mosul could force 250,000 civilians to flee, if they can find a way out, the U.N. refugee agency UNHCR said on Friday. Such an exodus would be on top of roughly 162,000 people already displaced by Iraqi government efforts to retake the city since October. Such numbers, although high, remain well below UNHCR’s initial […]
European stocks and S&P futures rose modestly ahead of January US payrolls data, along with the dollar, while Asian shares dropped after China returned from a week-long holiday. Bonds slid, oil rose while the JGB intervened in the bond market to prevent a bond rout, in one of two major surprises during the Asian session. As reported last night, having closed at 0.109% yesterday the 10y JGB […]
The New York Times is landing on Snapchat, and the Gray Lady thinks its journalism will fit right in on the millennial-dominated social network. “We’re not boring when it comes to visual storytelling,” said Assistant Editor Steve Duenes. “…We have a lot to draw from all forms of digital storytelling.” Expect The New York Times’ upcoming Snapchat Discover channel to be a showcase for visuals from the […]
Submitted by Brandon Smith via Alt-Market.com, As I outlined in my article ‘The False Economic Narrative Will Die In 2017’, the mainstream media has been carefully crafting the propaganda meme that the Trump administration is inheriting a global economy in “ascension,” when in fact, the opposite is true. Trump enters office at a time of longstanding decline and will likely witness severe and accelerated decline over the […]
Friday 02.15 GMT Overview Asian markets retreated following another cautious session on Wall Street overnight. Investors have headed to the sidelines as they digest the Federal Reserve’s most recent policy meeting and await the closely watched US jobs report due later on Friday. Hot topic Central banks have been in focus this week. The Bank of Japan, Federal Reserve and Bank of England have all kept monetary […]
The Bank of England upgraded UK growth forecasts significantly for the second time in six months on Thursday in the latest indication the central bank’s once-dire outlook for the economy after June’s Brexit vote has been proven overly pessimistic. The bank said it now predicts gross domestic product will grow 2 per cent this year, the same as last year and up from 1.4 per cent forecast […]
By Isabel Coles | RASHIDIYA, Iraq RASHIDIYA, Iraq His name was Ayman, but the couple who brought the boy home to their Iraqi village after buying him for $500 called him Ahmed. Islamic State militants had killed or enslaved Ayman’s parents in their purge of the Yazidi religious minority to which he belongs, then sold the four-year-old to Umm and Abu Ahmed, who are Muslims. For the […]
