It was a clear and chilly afternoon in Moscow – March 18, 2014 – when Russian President Vladimir Putin signed the documents to formally annex the Crimean Peninsula away from Ukraine. Frustrated Western governments soon began rolling out the only response they could agree on to Mr. Putin’s brazen redrawing of Europe’s borders: economic sanctions. Over the next two days, the United States would designate 27 individuals […]
When word came that a shaky evacuation deal had been reached, the remaining residents in the last patch of rebel-held Aleppo got moving. Doctors readied their patients, mothers packed their children’s bags and young men burnt their motorbikes to spite regime forces who might have wanted to take them. Relief mixed with heartbreak for residents who have lived in a world more nightmare than reality. Over a […]
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. Bob Dylan just won the Nobel Prize for Literature, enough said. “Poet laureate of the rock era.” But media critic, too? Patti Smith gained deserved attention for a notable performance of “A Hard Rain’s A-Gonna Fall” at the Nobel ceremony […]
A new deal has been reached to complete the evacuation of rebel-held areas of Syria’s east Aleppo which ground to a halt on Friday over demands from pro-government forces that people also be moved out of two villages besieged by rebels. Syrian rebel official al-Farouk Abu Bakr, speaking from Aleppo to news channel al-Arabiya al-Hadath on Saturday, said the deal comprised an evacuation from the two Shi’ite […]
AMMAN Syrian rebels accused Iran and its Shi’ite-backed militias on Saturday of holding up a deal to evacuate civilians trapped in the remaining rebel bastion in Aleppo. Munir al Sayal, the head of the political wing of the Ahrar al Sham rebel group involved in negotiations over the deal, said Iran was insisting people be allowed to leave two besieged Shi’ite villages before letting the Aleppo evacuation […]
MOSCOW Russian Foreign Minister Sergei Lavrov held phone calls with the foreign ministers of Turkey and Iran on Saturday to discuss the Syria crisis, the Russian foreign ministry said. The ministers stressed the importance of joint efforts by the international community to provide humanitarian aid in Syria and facilitate a political resolution of the conflict, the ministry said in a statement, adding that the calls were made […]
By Laila Bassam and Lisa Barrington | ALEPPO, Syria/BEIRUT ALEPPO, Syria/BEIRUT A new deal has been reached to complete the evacuation of rebel-held areas of Syria’s east Aleppo which ground to a halt on Friday over demands from pro-government forces that people also be moved out of two villages besieged by rebels. Syrian rebel official al-Farouk Abu Bakr, speaking from Aleppo to news channel al-Arabiya al-Hadath on […]
BEIRUT A new deal has been reached to complete the evacuation of rebel-held areas of eastern Aleppo which stalled over demands from pro-government forces that two villages besieged by rebels must also be evacuated, a Syrian rebel told news channel al-Arabiya al-Hadath on Saturday. Rebel official Al-Farouk Abu Bakr, speaking from Aleppo, said the deal comprised an evacuation from the two Shi’ite villages besieged by insurgents, the […]
By Chuck Mikolajczak | NEW YORK NEW YORK Benchmark U.S. stock index rallies, in anticipation of fiscal stimulus measures by the incoming administration of President-elect Donald Trump, could also be laying the seeds for equity market troubles from a stronger dollar and rising bond yields. The S&P 500 stock index .SPX has surged over 8 percent since the Nov. 8 election, due in large part to sectors […]
Capitalism as we know it is irrevocably in its death throes, argues German sociologist Wolfgang Streeck, which on its own is not a novel thesis. In our age of regular financial crashes and bursting bubbles, illiberal movements and borderless wars, even Nobel Prize winners and mainstream thinkers – I think of Joseph Stiglitz, among others – say that the post-war free market regime is broken, and that […]
Wells Fargo has said the number of customers opening accounts has dropped sharply for a third consecutive month — underlining the scale of the fallout from the recent scandal over its sales tactics. Customers opened 41 per cent fewer Wells Fargo current accounts in November than they did a year ago and made 45 per cent fewer credit card applications. These figures cap another difficult week for […]
WASHINGTON — American-led airstrikes have destroyed 14 Syrian Army tanks at a military base in central Syria that, just days earlier, had been captured by Islamic State fighters, the United States military said Friday. The strikes against the group of Russian-made T-72 battle tanks on Thursday near Palmyra came one day after senior American officers in the region warned their Syrian and Russian counterparts that United States […]
Where there was discord, Donald Trump has remarkably brought harmony. He has brought peace between the markets and Janet Yellen, as traders at last appear to believe her forecast for interest rates over the next year. The Federal Reserve says it intends to raise rates three times next year, and the market implicitly, through Fed Funds futures, puts the chance of this happening at almost exactly 50 […]
‘You can’t put a price tag on anybody’s life’ Two years after the overdose that killed her 21-year-old son, Terri Bartlett traveled to Illinois’ state capital to champion an unlikely cause: revamped painkillers. Bartlett’s son Michael became hooked on Vicodin and later graduated to heroin. In emotional testimony last year, she urged lawmakers to support a bill that would prioritize the new harder-to-crush pills, saying she believed […]
By Pawel Sobczak and Karol Witenberg | WARSAW WARSAW Protesters blocked all exits from the Polish parliament on Friday after the opposition said ruling party lawmakers illegally passed the budget for next year by moving the vote outside of the main chamber of parliament. The protest marked the biggest political standoff in years in European Union member Poland and the sharpest escalation of the conflict between the […]
Toronto worker Kristy Milland looks for data jobs that she can pick up to make ends meet. Image: Sam Santos/George Pimentel Photography This article originally appeared on TechRepublic. Each morning when she wakes up, Kristy Milland powers up her home computer in Toronto, logs into Amazon Mechanical Turk, and waits for her computer to ding. Amazon Mechanical Turk (AMT), which has been around for over a decade, […]
By James Oliphant and Emily Stephenson | WASHINGTON WASHINGTON With more than 20 nominees now selected, Donald Trump’s cabinet appears much like the president-elect himself: mostly older, white males, many of them wealthy, who see themselves as risk-takers and deal-makers and prize action over deliberation. Trump, who says Washington is “broken” and controlled by special interests, has largely eschewed technocrats with long government experience. Instead, he has […]
By Roberta Rampton and Julia Harte | WASHINGTON WASHINGTON President Barack Obama on Friday defended the U.S. approach toward the civil war in Syria, saying he understood the desire for action to end the conflict but it would have been impossible to do “on the cheap” without a full U.S. military intervention. “Unless we were all in and willing to take over Syria, we were going to […]
There’s a great scene in The Big Short, the movie of Michael Lewis’ book about the mortgage crisis, where two shiny-suited brokers brag about how many loans they’ve been producing — for big commissions — to unsuitable borrowers. “We call those loans ‘Dorothys’ ‘cause they’re magic,” grins the one in black. “No credit, no income, no problem: just tap your shoes together three times and say ‘There’s […]
By Kole Casule | SKOPJE SKOPJE Macedonia’s state election commission said on Friday it had annulled ballots cast at a single polling station and ordered a new vote there after accepting that one woman had been prevented from voting in Sunday’s parliamentary election. The re-run ballot at the polling station with just 800 voters in the western town of Gostivar could potentially change the result of the […]
By Anggy Polanco and Maria Ramirez | EL PINAL/CIUDAD GUAYANA, Venezuela EL PINAL/CIUDAD GUAYANA, Venezuela Small protests and looting broke out in some Venezuelan provinces on Friday due to lack of cash after the socialist government suddenly decreed this week that its largest banknote would be pulled from circulation in the midst of a punishing economic crisis. President Nicolas Maduro on Sunday gave Venezuelans a few days […]
The war in Syria has subjected Turkey’s border regions to terrorist attacks and demographic upheaval on an historic scale, but on the face of it there’s a welcoming feeling to Samanda, a bustling town of 45,000 on the shores of the eastern Mediterranean. On a wall by the town’s beachside boardwalk, graffiti proclaims how “Syrians are our brothers”, a sentiment in sharp contrast to the burning of refugees’ […]
The global benchmark interest rate for trillions of dollars of corporate loans, credit cards and derivative contracts is approaching 1 per cent for the first time since the US emerged from recession, as global markets reach the end of a turbulent week. With the US Federal Reserve anticipating greater US economic strength in 2017, this has pushed the dollar to a 14-year high and spurred further selling […]
By Laila Bassam, Lisa Barrington and John Davison | ALEPPO, Syria/BEIRUT ALEPPO, Syria/BEIRUT The evacuation of the last opposition-held areas of the Syrian city of Aleppo was suspended on Friday after pro-government militias demanded that wounded people should also be brought out of two Shi’ite villages being besieged by rebel fighters. The second day of the operation to take fighters and civilians out of Aleppo’s rebel enclave […]
