The meeting between Mr. Netanyahu and the publisher of Yediot Aharonot, Arnon Mozes, took place in 2014, according to Channel 2, but the discussion does not appear to have materialized into action. Continue reading the main story Still, the disclosure caused an uproar. Critics accused Mr. Netanyahu and Mr. Mozes of plotting to upend the democratic principle of an independent, free and professional press. “We expect in […]
SKOPJE Macedonian President Gjorge Ivanov said on Monday he will ask Nikola Gruevski, the veteran leader of the conservative VMRO-DPMNE party, to form a new government following elections last month. Gruevski, 46, who led the ex-Yugoslav republic for almost a decade, will now have 20 days to win approval for his cabinet in the parliament. VMRO-DPMNE won 51 out of 120 parliamentary seats in the Dec. 11 […]
‘This is a product of a wild and active imagination. It’s adding a plus-plus when there’s nothing there,’ says policy expert Tony La Viña Rappler.com Published 7:00 PM, January 09, 2017 Updated 7:00 PM, January 09, 2017 INCRIMINATING EMAILS? The internet explodes into a frenzy over supposed leaked emails from the Office of the Vice President containing negative messages about President Rodrigo Duterte. The buzz started among […]
Entrepreneurs in the country are using some old-fashioned handiwork to help create products for mass production at a fraction of the today’s costs. Whether this will be a manufacturing revolution or evolution, 3D printing is here to stay. For a man working at the frontier of a technological revolution, there is a surprising amount of handicraft to Ahmad Mackieh’s approach to 3-D printing that shows in the […]
Hugh Laurie wasn’t afraid to throw some shade at the Golden Globes. During his acceptance speech for Best Supporting Actor in a TV Miniseries or Movie on Sunday, the actor joked this may be the last Golden Globes. “I don’t mean to be gloomy but it has the words ‘Hollywood,’ ‘foreign’ and ‘press’ in it,” he said, referencing the coming Donald Trump administration. That was the first […]
By Stephen Kalin and Ahmed Rasheed | MOSUL, Iraq/BAGHDAD MOSUL, Iraq/BAGHDAD Iraqi special forces battling Islamic State reached the eastern bank of the Tigris river in Mosul on Sunday for the first time in a three-month, U.S-backed offensive to capture the city from the militants, who still control its entire western half. The group also claimed one of two attacks at two Baghdad markets in which 20 […]
UK taxpayers are facing a £24bn bill for decommissioning oil and gasfields in the North Sea — threatening to wipe out remaining tax revenues from an industry that has been among the Treasury’s most reliable cash cows for the past four decades. The new estimates show how the North Sea oil industry risks becoming a net drain on UK resources as it enters its sunset years and […]
One of the more cherished bits of jargon used in finance is an idea that cash may sit on the sidelines, as if piles of notes are substitute players ready to dive into the great game of markets. Investors are still sitting on large piles of cash, holding nearly 5 per cent of their portfolios in spare liquidity in December, according to data from BofA Merrill Lynch. […]
CHICAGO A push by Washington for more business-friendly regulation and fiscal support for the economy could improve America’s mix of policies which in recent years have relied too much on the Federal Reserve, Fed Governor Jerome Powell said. Powell, speaking on Saturday at a conference, did not mention the incoming Trump administration by name but his comments suggest some Trump policies will be welcomed by U.S. central […]
Banks and petrochemicals stocks could be relative strong performers in the GCC in 2017 thanks to benchmark interest rate rises and a recovery in the global crude oil price, although slowing economic growth may weigh on regional markets. Both sectors have suffered in the last couple of years due to the dramatic oil price decline. The knock-on effect of lower investment and economic growth hit banks, with […]
The reputation of the main hospital in Iten was so bad that the only people who went there were those who wanted to “die quickly”, says Alex Tolgos, the county governor. But four years since Kenya started what the World Bank calls “one of the most rapid and ambitious devolution processes” on the planet, the hospital in the western Kenyan town has been transformed. More than half the […]
HELSINKI HMD Global, the Finnish company that owns the rights to use Nokia’s brand on mobile phones, announced on Sunday its first smartphone, targeted for Chinese users with a price of 1,699 yuan ($246). The launch marks the first new smartphone carrying the iconic handset name since 2014 when Nokia Oyj (NOKIA.HE) chose to sell its entire handset unit to Microsoft (MSFT.O). The new device, Nokia 6, […]
Photo The Raiders’ Connor Cook, the first quarterback in N.F.L. history to make his first start in a playoff game, was hit by Jadeveon Clowney. Credit Eric Gay/Associated Press HOUSTON — Brock Osweiler redeemed himself after last month’s benching. Jadeveon Clowney established himself as a postseason force. And the Houston Texans got their first playoff victory since the 2012 season, beating the Oakland Raiders, 27-14, on Saturday. […]
HMD Global is launching the first Nokia smartphone since the Finnish-based company was sold to Microsoft in 2014, after securing exclusive rights to the Nokia brand. The 5.5-inch Nokia 6 will launch in early 2017, HMD Global announced on Saturday. It will only be available in China, as HMD said “it seeks to to meet the real world needs of consumers in different markets around the world.” […]
YAMOUSSOUKRO Heavy gunfire erupted early on Saturday near the main military camp in Ivory Coast’s second largest city, Bouake, where disgruntled soldiers launched an uprising a day earlier over salaries and bonuses, a resident and a soldier said. “The shooting is very heavy right now at the 3rd Battalion. I’m nearby and I hear it like it was right next to us,” resident Konan Benoit told Reuters […]
By Ange Aboa and Loucoumane Coulibaly | BOUAKE, Ivory Coast BOUAKE, Ivory Coast Disgruntled soldiers demanding salary increases and the payment of bonuses seized control of Ivory Coast’s second-largest city, Bouake, on Friday, in an uprising that spread to at least two other cities. A statement from Defence Minister Alain-Richard Donwahi read out on state television said a group of soldiers had used their weapons to force […]
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 Christine Murray | SAN LUIS POTOSI, Mexico SAN LUIS POTOSI, Mexico Ford Motor Co’s (F.N) abrupt move to scrap a planned $1.6 billion car plant in central Mexico has spooked a network of suppliers who bet on a growing customer base and dramatized the risk that Donald Trump’s agenda poses to the country’s broader economy. Many auto parts makers had started to expand in anticipation of […]
By Ann Saphir and Jason Lange | CHICAGO CHICAGO Chicago Federal Reserve President Charles Evans said on Friday the central bank could raise interest rates three times this year, faster than he had expected just a few months ago and in line with the majority of his colleagues. The comments from Evans, a voting member of the Fed’s policy committee this year, reinforced the view that the […]
A round-up of major happenings in Pakistan in the last week. Pakistan Prime Minister Nawaz Sharif. Credit: PTI Panama Papers investigation After weeks of acrimony, the first day in office for new Chief Justice Mian Saqib Nisar was an unusually harmonious one, with all parties hailing the constitution of a new bench for the Panama Papers hearings that will resume on January 4. Nisar excluded himself from […]
In recent months, in delivering lectures on the Israeli-Palestinian conflict and holding audience discussions, I have asked hundreds of people across Israel a hypothetical question: Assuming that Sergeant Azaria had stuck to his original story and admitted that he knew that the man lying on the ground presented no danger to anyone, but he had nevertheless decided to put a bullet in his head, should he be […]
TOKYO U.S. President-elect Donald Trump has threatened Toyota Motor Corp (7203.T) over its Mexican-built cars, but the biggest risk from a punitive tariff would be for its compatriot Nissan Motor Co (7201.T), the largest automaker operating in the country. Trump has criticized U.S. companies like General Motors (G.N) and Ford Motor Co (F.N) which manufacture abroad, accusing them of costing U.S. jobs. On Thursday he took on […]
January 6, 2017 by: Adam Samson in New York US wage growth accelerated to the quickest pace since 2009 last month, underscoring rising inflationary pressure as President Barack Obama prepares to pass the torch to Donald Trump. Average hourly earnings climbed 0.4 per cent in December from the previous month, beating expectations for a 0.3 per cent pick-up, the Labor Department said in the final employment report […]
By Isabel Coles and Saif Hameed | NORTH OF MOSUL, Iraq/BAGHDAD NORTH OF MOSUL, Iraq/BAGHDAD Elite Iraqi troops bridged a river under the cover of darkness to seize a district of Mosul in an unprecedented night raid early on Friday, part of a new phase in the battle to capture the city from Islamic State after weeks of slowed momentum. Since last week, Iraqi forces have launched […]
