By Guy Faulconbridge and Elizabeth Piper | LONDON LONDON Prime Minister Theresa May will file formal Brexit divorce papers on Wednesday, pitching the United Kingdom into the unknown and triggering years of uncertain negotiations that will test the endurance of the European Union. Nine months after Britons voted to leave, May will notify EU Council President Donald Tusk in a letter that the UK really is quitting […]
The photojournalist Ivor Prickett spent three weeks documenting the battlefront and humanitarian crisis in west Mosul. The war to drive the Islamic State from its last strongholds in western Mosul has come to this: With every advance by Iraqi forces, every missile rained down by coalition aircraft, a flood of Iraqi civilians hits the streets. It is no longer a question of waiting between salvos — there […]
After nine months’ gestation, the Brexit process has started. Both sides of the referendum have political points; Brexiters can say the UK economy is growing and there has been no market implosion, while Remainers can say UK assets have drastically underperformed the rest of the world, and the costs of the historic sterling devaluation are yet to be counted. Now, it is time to work out what […]
TOKYO Toshiba Corp’s (6502.T) troubled U.S. nuclear unit Westinghouse intends to file for Chapter 11 protection from creditors, Japan’s government said on Wednesday, as the conglomerate seeks to limit losses that have plunged it into crisis. Yoshihide Suga, the government’s chief spokesman, told a regular news briefing he was aware that Pittsburgh-based Westinghouse plans a bankruptcy filing. Sources with knowledge of the situation have said that the […]
ABU DHABI // Big businesses need to be more aware of the crimes being committed on their watch, one of the country’s most senior police officers has said. Maj Gen Mohammed Al Romaithi, commander-in-chief of the Abu Dhabi Police, said the private sector has a greater role to play in combating crimes, such as drug smuggling through ports. He was speaking at the Unity for Security Forum […]
Photo A man carried the bodies of people killed in fighting between Iraq security forces and the Islamic State in Mosul last week. Credit Felipe Dana/Associated Press WASHINGTON — The senior United States commander in Iraq said Tuesday that an American airstrike likely triggered the collapse of a building in Mosul that killed more than 100 civilians this month, but indicated that an investigation would also examine […]
The triggering this week of Article 50 of the Lisbon treaty to facilitate Britain’s exit from the EU is undoubtedly a momentous event. At issue in the forthcoming talks will be whether Britain can win back control over immigration and lawmaking without wrecking trade relations in its biggest market and damaging London’s status as the pre-eminent international financial centre. A minimum of two years of difficult and […]
By Kentaro Hamada and Taro Fuse | TOKYO TOKYO U.S. nuclear developer Westinghouse Electric Co plans to seek bankruptcy protection from creditors on Tuesday as it struggles with losses that have thrown its Japanese parent Toshiba Corp into crisis, people familiar with Toshiba’s thinking said. Pittsburgh-based Westinghouse, crippled by cost overruns at two U.S. projects in Georgia and South Carolina, will file for protection under Chapter 11 […]
The Gulf emirate of Qatar is tiny, but it’s made a name for itself by placing big bets. Thanks to vast reserves of natural gas, its 2.6 million residents enjoy the world’s highest per-capita income: $129,700 a year. Qatar has acquired more than $335 billion worth of assets around the globe, buying up trophies such as London’s Shard, the tallest building in Europe. The emirate has also […]
By Isabel Coles | MOSUL, Iraq MOSUL, Iraq Investigators are in the Iraqi city of Mosul to determine whether a U.S.-led coalition strike or Islamic State-rigged explosives caused a huge blast that destroyed buildings and killed more than 200 people, a U.S. military commander said. Conflicting accounts have emerged since the March 17 explosion in al-Jadida district in west Mosul, where Iraqi forces backed by U.S.-led coalition […]
Since its founding in 1857, The Atlantic has been a fundamentally American magazine. It was launched by leading lights of American literature: Ralph Waldo Emerson, Henry Wadsworth Longfellow and Oliver Wendell Holmes. Nathaniel Hawthorne reported for the magazine from Civil War battlefields. President Abraham Lincoln once said that a favorable article in the magazine could save him seven or eight battles in the Civil War. But soon, […]
The grant announcement continues a run of significant recognition for the Center’s work. In recent days, five separate Center investigations have been honored as part of three prestigious journalism competitions. The Center was a winner in three categories of the Society of American Business Editors and Writers “Best in Business” competition, while taking a first place and a second place prize in the Association of Health Care […]
SEOUL South Korea’s family-run conglomerates are facing calls for a shakeup in their governance from a leading candidate in May’s presidential election, following the ouster of former President Park Geun-hye in a burgeoning influence-peddling scandal. The conglomerates known as chaebol have come under the reform buzz saw before, only to emerge bigger and stronger than ever. The country’s four biggest chaebol groups account for around half the […]
By Alberto Alerigi | SAO PAULO SAO PAULO Brazil’s Agriculture Ministry said on Monday it ordered three more food processing facilities to suspend production amid an investigation into alleged corruption of inspectors and unsanitary conditions in the world’s biggest meat producer. That brings to six the number of food processing plants that have been ordered temporarily closed by Brazilian authorities. A total of 21 plants are included […]
The pace of battle against the Islamic State in Mosul has grown more urgent, with Iraqi officers saying the American-led coalition has been quicker to strike with less time to weigh risks for civilians. NYtimes
European governments and related organisations have ramped up their sales of new debt this year, in the latest sign of bond markets bracing for rises in interest rates and an increase in political risks. Overall borrowing from eurozone sovereigns, local authorities, agencies and supranationals such as the European Investment Bank is currently at €210bn — the highest year-to-date amount since 2012, Dealogic data show, and the second-highest […]
WASHINGTON The Pentagon, facing accusations that a coalition air strike may have killed scores of civilians in the Iraqi city of Mosul, said on Monday it was not loosening its rules of engagement in the fight against Islamic State but that resources to investigate claims were limited. Eyewitnesses from Mosul and Iraqi officials have said last week’s strike on Islamic State targets may have collapsed homes where […]
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. So when President Trump raised the white flag on Obamacare Friday, did he pick up the phone and gave the exclusive to Breitbart, The Daily Caller or LifeZette? Nope. He called reporters at The Washington Post and The New York […]
In July 2011 an unusual fascination had gripped some members of New York’s financial community. Walk into a Manhattan office expecting to discuss the US stock market with an investor who exclusively backed equity hedge funds, and they instead had Italian government debt on the brain. Selling short bonds of the eurozone’s third-largest economy had become so popular that non-debt specialists had started to notice, and rising […]
A couple of weeks ago we wrote several notes about German Chancellor Angela Merkel’s painfully awkward visit to the White House. After meeting in private, the pair sat down in the oval office for a brief press conference where you could cut the tension with a knife. At one point someone from the media asked for a handshake but the request was promptly ignored. “Can we get […]
The U.S.-led coalition fighting Islamic State in Iraq has taken every measure to protect civilians and will investigate reports of civilian deaths during an operation in Mosul, a U.S. general involved in the operation said on Sunday. Brigadier General Matthew Isler, a deputy commanding general for the U.S.-led coalition, told Reuters he could not provide details of the military investigation into civilian deaths in western Mosul on […]
Anodot team Image: Supplied Business intelligence comes down to the ability to identify and analyse issues based on a series of variables. While data analysts are adept at identifying issues they have been trained to look for, it is just as important to account for the so-called “unknown unknowns” — the issues that analysts don’t know about or wouldn’t think about investigating — before they escalate into […]
AMMAN A United States-backed alliance of militias fighting Islamic State have stormed the Tabqa military airport held by militants, a Syrian Democratic Forces (SDF) spokesman said on Sunday. The Syrian Democratic Forces (SDF) took between “sixty to seventy percent” of the military airport near Tabqa city on the Euphrates River on Sunday but fighting was continuing inside the airport and on its outskirts, spokesman Talal Silo told […]
Last week, the Office for National Statistics released the inflation results for the British economy. Even though most analysts weren’t expecting any huge differences, the numbers (updated until February) paint a completely different picture. In February, the inflation rate increased rather sharply. On a month-on-month basis, the CPI increased by 0.7% (whereas January was a month with deflation). The current YoY inflation rate based on the CPI […]
