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FRANKFURT Deutsche Bank (DBKGn.DE) expects a negative impact of $1.2 billion on its fourth-quarter pretax profit from a civil monetary penalty of $3.1 billion agreed with the U.S. Department of Justice, its chief executive said in a message to staff. Germany’s biggest bank on Tuesday finalised a $7.2 billion settlement with the DoJ over its sale of toxic mortgage securities in the run-up to the 2008 financial […]

The White House declined to disclose what decision Mr. Obama had reached, but some administration officials believe it is unlikely that he will resolve the contentious issue in the waning moments of his presidency. Continue reading the main story That such a pivotal decision has been left to Mr. Obama’s final weeks in office reflects the complexity of the debate about working with the Y.P.G., as the […]

Multiple agencies with little accountability The reports to Congress specifically delineate those participants in the International Military Education and Training (IMET) program tagged in the State Department’s annual human rights reporting effort as having problematic behavior. As the main program that brings foreigners to the United States to attend U.S. military schools at Washington’s expense, IMET is now offered to select military and police officers in more […]

From a domestic murder-mystery and a Serbian folk tale to an Arabian moral fable and an “existential crisis in 10 minutes or less”, audiences can expect a dizzying display of diversity at this weekend’s Short+Sweet Abu Dhabi theatre festival. The competitive event, at New York University Abu Dhabi, will showcase a dozen locally-produced plays – each performed both on Friday and Saturday (January 20-21) – constrained only […]

Abu Dhabi – UAE, January 17, 2017 The Ministry of Climate Change and Environment (MoCCAE) signed a Memorandum of Understanding with the Food Security Centre – Abu Dhabi on the promotion of food security in the United Arab Emirates. His Excellency Dr Thani Ahmed Al Zeyoudi, Minister of Climate Change and Environment, and HE Mohammed Ahmed Al Bawardi, Chairman of Food Security Center, Abu Dhabi, signed the […]

WASHINGTON The U.S. military said on Tuesday it carried out air strikes in Syria against Islamic State targets of interest to both Washington and Ankara near the town of al-Bab, following Turkish criticism of insufficient U.S. support for its ground offensive. U.S. Air Force Colonel John Dorrian, a Baghdad-based spokesman for the U.S.-led military coalition battling Islamic State, counted four strikes in recent days against Islamic State […]

|Arabian Post Staff| A session of the Middle East Policy Council held last week in Washington on the theme. “U.S. Commitments in the Middle East: Advice to the Trump Administration” offered viewpoints from veterans of the Obama administration and observers of the incoming Trump one on how President-elect Trump’s worldview might intersect with some of the region’s most pressing foreign policy challenges. The four-person panel had expertise […]

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Donald Trump has threatened to overturn two decades of US economic policy by questioning the strong value of the dollar, raising fears that his presidency could set off a new round of currency wars between the world’s major economies. On Monday the president-elect appeared to break from the longstanding “strong dollar” policy of successive administrations, declaring that the currency was too high and that this was preventing […]

By Stephen Kalin | DEBAGA, Iraq DEBAGA, Iraq While fleeing Islamic State rule in northern Iraq three months ago, Laila saw two of her daughters die in front of her. Crippled by grief and the trauma of that night, she now struggles to walk and hardly eats. Running under the cover of darkness after more than two years under the jihadists’ harsh rule in Shirqat town, south […]

Though people have tried to predict where it will strike, no one can ever really know what acts of terror the militant group ISIS will come up with next. In making itself known on social media, ISIS has shown that it knows how to hit the 21st century society where it hurts. Its newest act of modernizing technology for its own purposes comes in the form of commercial […]

Blume was working on a letter to a man who was angry about being profiled by the police in his community. She showed me some of Obama’s handwritten comments in the margins. He had underlined sentences and added exclamation points; the words he wrote were sparse, but Blume understood the code. “See?” she said. “You can break down the sections of his thoughts: I’m mad, too. My […]

Turkish police have arrested a man they suspect of killing 39 people in an Istanbul nightclub on New Year’s eve, two security officials said. The man, identified by Turkish authorities as an Uzbek acting on behalf of Islamic State, was arrested in Istanbul’s Esenyurt district, a working-class neighbourhood about 40 kilometres from the upscale Reina nightclub. He had escaped the nightclub in a taxi after using an […]

He was the president who took out Osama bin Laden but was blindsided by Isis; who made Asia his priority but saw his trade deal for the region stymied; who built bridges with once sworn enemies in Cuba and Iran but who sparred with allies in Israel and Saudi Arabia. The mixed and sometimes messy foreign policy legacy of Barack Obama includes a climate change agreement and […]

By Isabel Coles | MOSUL, Iraq MOSUL, Iraq Iraqi special forces battled Islamic State militants in districts near the Tigris river in Mosul on Monday as they sought to bring more of the east of the city back under government control. The latest clashes occurred in the neighbouring Shurta and Andalus districts. At least three Islamic State suicide car bombs targeted Iraqi forces in Andalus. There was […]

By Alessandra Prentice | KIEV KIEV Outgoing U.S. Vice President Joe Biden called on Monday for sanctions on Russia to stay, urging the world to stand up to its “coercion and aggression” after President-elect Donald Trump mooted ending the measures under a possible deal with Moscow. Speaking on a swan song visit to Kiev, Biden said the G7 nations and European Union should lift the sanctions only […]

An electricity crisis that has caused protests and unrest in the Gaza Strip eased on Monday after Qatar donated $12 million to buy fuel for the Palestinian enclave’s lone power plant, officials said. For weeks, Gaza’s population of 2 million has been making do with barely a few hours a day of electricity – less than half its usual supply. The Energy Authority run by the enclave’s […]

By Noah Barkin | DAVOS, Switzerland DAVOS, Switzerland A trade war between the United States and China and a strengthening dollar are among the biggest threats to a brightening global economic outlook, according to leading economists at the World Economic Forum in Davos. As political leaders, businessmen and bankers converge on the resort in the Swiss Alps this week, they can draw hope from a more benign […]

BEIRUT Fighting between Islamic State and the Syrian army has killed dozens since Saturday in Deir al-Zor, where the militant group has launched an assault to capture a government enclave in the city, a monitoring group reported. At least 82 people have been killed in the fighting, which is the heaviest in the city for a year, the Syrian Observatory for Human Rights said on Monday. The […]

By Stephen Kalin | MOSUL, Iraq MOSUL, Iraq When four rockets crashed into his east Mosul home in November, Abu Abdel Malik’s 60-year-old step-mother was killed instantly. But she wasn’t properly buried for more than a month. Fighting in Zuhur district and surrounding areas was too intense during that period to transport the body to the main cemetery in the suburb of Gogjali, just 5 km (3 […]

Source: United Nations University Hong Kong and Singapore in 2015 produced the highest volume of e-waste in the region, generating 21.7kg and 19.95kg, respectively, per capita. At 19.13kg per capita, Taiwan rounded up the top three e-waste producers, while China more than doubled its production between 2010 and 2015–at 107 percent–to 6.7 million tonnes. Across East and Southeast Asia, the average e-waste generation per capita was 10kg […]

BEIRUT Syrian rebel groups have decided to attend peace talks backed by Russia and Turkey in Kazakhstan to press for implementation of a widely violated ceasefire, rebel officials said on Monday, in a boost for Moscow-led diplomacy. Rebel groups took the decision at meetings that are underway in Ankara, and are now working to form a delegation that will be different to one sent to peace talks […]

DAVOS, Switzerland – The global economy is in better shape than it’s been in years. Stock markets are booming, oil prices are on the rise again and the risks of a rapid economic slowdown in China, a major source of concern a year ago, have eased. And yet, as political leaders, CEOs and top bankers make their annual trek up the Swiss Alps to the World Economic […]

SALZBURG The head of Austria’s far-right Freedom Party (FPO) on Saturday called for a law banning “fascistic Islam” and Muslim symbols, comparable to an existing law banning Nazi symbols, saying Islam could wipe out European society. Austria needs “a law which prohibits fascistic Islam”, Heinz Christian Strache told several thousand supporters at the party’s new year meeting in Salzburg. “Let us put an end to this policy […]

Video Deadly Checkpoint Attack in Egypt’s Sinai An attack by militants on an Egyptian police checkpoint in the northern Sinai Peninsula left at least nine people dead on Monday. The group rammed a stolen garbage truck packed with explosives into the checkpoint, setting off clashes with security forces, officials said. Publish Date January 9, 2017. Photo by European Pressphoto Agency. Watch in Times Video » CAIRO — […]

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