By Rodrigo Campos | NEW YORK NEW YORK The year-end stocks rally on the heels of the election of Donald Trump as U.S. president was built on expectations of reduced regulations, big tax cuts and a large fiscal stimulus. Now signs are emerging from the Trump camp that harsher trade policies that could jeopardize the honeymoon are likely in the offing, and investors would be well advised […]
AJMAN//An arts and crafts market has proved a big hit with shoppers, with thousands of people picking up handicrafts and homemade food since it opened last month. The weekend Mosaic Market at Al Safia Park was set up to support small businesses and entrepreneurs with about 40 stalls selling everything from organic vegetables to clothes said Shaikha Al Nuaimi, corporate communication manager at the Abdulaziz bin Humaid […]
UNITED NATIONS: In a striking rupture with past practice, the United States allowed the UN Security Council on Friday to condemn Israeli settlements in the West Bank and east Jerusalem as a “flagrant violation” of international law. In doing so, the outgoing Obama administration brushed aside Donald Trump’s demands that the US exercise its veto and provided a climax to years of icy relations with Israel’s leadership.The […]
When that ultimately did not stop the Council from acting, Mr. Netanyahu’s team expressed blistering anger at Mr. Obama. An Israeli official, insisting on anonymity to maintain the veneer of diplomatic protocol, gave a statement to multiple reporters on Friday blasting Mr. Obama and his secretary of state, John Kerry, by name. Continue reading the main story “President Obama and Secretary Kerry are behind this shameful move […]
“The boundaries of uncertainty have increased [for fixed-income markets],” says Dan Ivascyn, chief investment officer at Pimco, the bond specialist that invests more than $1.5tn. “Rates certainly can go higher.” What is clear for bond investors is that they face a true test of their convictions in 2017 after an end to 2016 that challenged the consensus of low inflation and rates that, at one point, drove […]
By Aaron Ross | KINSHASA KINSHASA Political parties in Democratic Republic of Congo paused talks on Saturday, close to a deal under which President Joseph Kabila would leave power in 2017 and elections would be held the same year, participants at the talks said. The talks between the ruling coalition and opposition parties mediated by a conference of Catholic bishops broke up at around 5.30 a.m local […]
SHANGHAI China, rocked in recent years by a series of food safety scandals, uncovered as many as half a million illegal food safety violations in the first three quarters of the year, an official said. Chinese officials have unearthed a series of recent food health scandals, including rice contaminated with heavy metals, the use of recycled “gutter oil” in restaurants as well as the sale of baby […]
On April 7, 14 large blue letters quietly disappeared from the outer walls of an office building in an exclusive neighborhood in northern San Salvador. One by one, the letters came down from the blue and beige stucco walls, leaving behind faint traces of the name of the law firm that had been working there just days before: M-O-S-S-A-C-K-F-O-N-S-E-C-A. Employees of the El Salvador branch of Mossack […]
A hundred years ago, an arms race between the dominant global superpower the (British Empire) and a rising power (Kaiser Wilhelm’s Germany) culminated in the mass slaughter of World War One. The deep mistrust between the United States and the People’s Republic of China has all the potential to spawn a traumatic chapter in international relations. Despite its “pivot” to Asia, the Obama White House was cautious […]
The chief executive of Lockheed Martin Corp told President-elect Donald Trump on Friday that she was committed to driving down the cost of the company’s F-35 fighter jet, a day after Trump took aim at the cost of the F-35 in a Twitter post. CEO Marillyn Hewson said she spoke with Trump on Friday afternoon and assured him that she had heard his message “loud and clear” […]
Latest study explored the reasons why when walking, people use mostly their heels and not their toes, as opposed to running. Many animals use the balls of their feet to move around, which made for an interesting case study. The research, published in the Journal of Experimental Biology, was conducted by researcher James Webber from the University of Arizona, School of Anthropology. Evolutionary Reasons The scientist was […]
The renminbi’s seemingly endless grind lower against the US dollar has been one of the financial stories of 2016, triggering a wave of capital outflows from China that Goldman Sachs estimates may have totalled $1.1tn since August 2015. The once closely controlled Chinese currency has tumbled 6.5 per cent to an eight-year low of Rmb6.945 against the greenback this year, taking its slide since August 2015 to […]
MOSCOW Turkish President Tayyip Erdogan gave an update on the investigation into the killing of the Russian ambassador in Ankara in a phone conversation with President Vladimir Putin on Friday which also covered the Syrian crisis, the Kremlin said. The envoy, Andrei Karlov, was shot dead on Monday by an assassin who shouted “Allahu Akbar” and “Don’t forget Aleppo”. He was buried with military honours in Moscow […]
By Timothy Mclaughlin and Renita D. Young | CHICAGO CHICAGO A Singaporean blogger who has stirred controversy in his home country is being detained by U.S. immigration officials, the Department of Homeland Security said on Friday. Amos Yee, 18, who was jailed earlier this year in the Southeast Asian city-state, was stopped by customs agents at Chicago’s O’Hare International Airport on Dec. 16 as he sought political […]
Eileen Eagar was a single mom, working at a steel mill in Chicago. Feeding her two kids sometimes meant going out on a date, ordering the biggest steak on the menu and bringing the leftovers home. When we met her in the fall of 2016, she had married, moved to Arizona and started a career in real estate — the “best darn” realtor in Tucson, her husband […]
Submitted by Federico Pieraccini via Strategic-Culture.org, Understanding the objectives and logic that accompany the expansion of nations or empires is always of paramount importance in helping one draw lessons for the future In this series of four articles I intend to lay a very detailed but easily understandable foundation for describing the mechanisms that drive great powers. To succeed, one must analyze the geopolitical theories that over […]
By Warren Strobel and Arshad Mohammed | WASHINGTON WASHINGTON U.S. President-elect Donald Trump’s transition team has asked two Cabinet departments for the names of government officials working on programs to counter violent extremism, according to a document seen by Reuters and U.S. officials. The requests to the State Department and the Department of Homeland Security involve a set of programs that seek to prevent violence by extremists […]
WASHINGTON U.S. federal authorities cautioned local law enforcement on Friday to be aware that supporters of Islamic State have been calling for their sympathizers to attack holiday gatherings in the United States, including churches, CNN reported. The warning, issued in a bulletin to local law enforcement, said there were no known specific, credible threats, CNN said. The notice from the Federal Bureau of Investigation and Department of […]
By Jeffrey Dastin | ALLENTOWN, Pa. ALLENTOWN, Pa. A cargo plane emblazoned with “Prime Air” descended from an empty sky at Lehigh Valley International Airport on Tuesday, ninety minutes from the bustle of New York City, loaded with crates of goods during the peak holiday shopping season. It’s one of 40 jets leased by Amazon.com Inc for a new cargo service to meet delivery demand from the […]
The already crowded malls around the UAE were even busier this weekend with Christmas shoppers scurrying to find last-minute presents, ranging from Santa costumes to appliances for cooking traditional dishes involving ox tongue. In the crowded aisles of Yas Mall’s Geant Supermaket, Leonanda Stegemann, a 44-year-old expat from South Africa, was examining cookers at the market’s Christmas corner. “I’m looking for a cooker because mine broke and […]
Your daily guide to community and cultural activities across the Emirates for December 22, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Art exhibition See the exhibition Flamboyant Impressions, in which German photographer Andreas Denstorf presents Platux photo art, which is based on multidimensional images that include separations, reflections, overlays and colours. Pictured: Nature […]
To most, it is sacrosanct; the idea of not playing on Boxing Day, New Year’s Day and various points in between is seen as somewhere between anathema and heresy. Photo Fabian Delph of Manchester City during his team’s Premier League match at home against Sunderland on Dec. 26, 2015. Credit Jan Kruger/Getty Images The week’s popularity bears that out: Even in the Premier League, where most seats […]
Each year at the Ira Sohn conference a group of the world’s best known hedge fund managers present their top ideas for what to buy in the stock market. The event is so closely followed by investors that it is not unknown for shares in companies that are picked to start rising before presenters have even left the stage. More recently, however, some of these celebrity investors […]
WASHINGTON The U.S. State Department on Friday warned Americans travelling to Jordan of threats from terrorist groups after several recent attacks in the country. More than a dozen people were killed, including a Canadian tourist, in two attacks by Islamist militants this week in the southern city of Karak. “The Department of State reminds U.S. citizens that terrorist and extremist organizations have expressed a desire to conduct […]
