|By Matein Khalid| Trump’s post Charlottesville remarks, the Barcelona terrorist attacks and Cisco’s results unnerved the US stock market bulls last week. Friday was a surreal moment in the history of Wall Street. It was entirely rational for traders on the New York Stock Exchange floor to cheers and the Dow Jones Index rise 150 points when news broke that Trump had fired his alt-right, white nationalist chief strategist […]
This glimpse of the future was crafted by: Kate Yoxall When Nicolaus Copernicus proved in the 16th century that the earth actually revolved around the sun, he did more than inflict a breathtaking blow to the human ego. He threw a new paradigm into the atmosphere. Soon brows began to furl with questions around the way that society was configured; if the earth itself was not the centre of […]
|From Anand Vardhan in Denpasar, Bali| The Middle East crisis, which has seen the diplomatic isolation of Qatar last week, is expected to impact Indonesia’s tourism and lead to a consequential drop in foreign earnings. Bali, the single largest tourist destination of Indonesia, has been receiving some 400,000 visitors via Qatar, of which 70% are tourists. The anxiety is all the more heightened as a majority of these […]
|By Arabian Post Staff| Xanadu Real Estate Development, a Dubai-based property developer, announced the delivery of nearly 200 luxury villas and townhouses with a development value exceeding Dh750 million, part of the Dh8 billion worth of projects it helped deliver with its partners over the last six years. These include 130 Townhouses at Jumeirah Village Circle, worth Dh300 million and 68 luxury villas at Jumeirah Golf Estates, […]
|By Matein Khalid| The financial markets finally cottoned on the increasingly sordid political realities created by the Trump White House. Trump could well be impeached for obstruction of justice if he tried to pressure FBI Director James Comey to drop an investigation on disgraced General Michael Flynn’s contacts with Russian intelligence before the election. The appointment of a special prosecutor to investigate the scandal means Washington is […]
Interested in precious metals investing or storage? Contact us HERE Posted with permission and written by John Rubino CLICK HERE FOR ORIGINAL) By now everyone with an Internet connection is aware of the “ransomware” attack that shut down hundreds of thousands of computers over the weekend. The fact that the onslaught is just beginning — as the military-grade hacking tools developed by […]
The Trump administration is considering extending a ban on laptops in aircraft cabins to all flights to the US from anywhere in the world, in a move that would create major disruption for passengers and airlines. US homeland security officials who met European commissioners in Brussels this week said that if Washington does extend its ban on large electronic devices, Europe would not be singled out and […]
“We need to reassess every single thing we are doing as to what we can do to bring an end to this conflict,” added Mr. Beasley, a former governor of South Carolina who was appointed to lead the agency by the Trump administration in March. Continue reading the main story By making Riyadh, the Saudi capital, the first stop on his tour, observers say, Mr. Trump has […]
When The Washington Post broke the story this week that President Trump shared highly classified intelligence from a U.S. ally with Russia, not everything the reporters knew made it into print. Halfway through the story, this paragraph referring to the ISIS plot revealed by Trump appeared: “The Post is withholding most plot details, including the name of the city, at the urging of officials who warned that […]
SAN CRISTOBAL, Venezuela Mobs looted shops and fought security forces overnight in Venezuela’s restive western region, where three soldiers were being charged on Thursday with the shooting death of a man who was buying diapers for his baby, witnesses said. Six weeks of anti-government unrest have resulted in at least 44 deaths, as well as hundreds of injuries and arrests in the worst turmoil of President Nicolas […]
BEIRUT Islamic State attacked a village near the main road between Aleppo and Homs on Thursday, killing many residents, Syrian state media and a war monitor said. The jihadist group said in a social media feed it had captured the village of Aqarib al-Safi, but the government-run SANA news agency reported that the attack had been repulsed. SANA said Islamic State fighters had killed 20 people in […]
Fears over the scale of crisis that Donald Trump’s presidency faces hung over markets on Thursday, with European stocks weaker and those in the US expected to open lower following their worst one-day drop since September. The Stoxx Europe 600, the region’s benchmark, was down 0.8 per cent in mid-session trade while futures suggest the S&P 500 will slip by 3 points to 2.354 when Wall Street […]
By Robin Emmott | BRUSSELS BRUSSELS France and Germany are resisting a plan by U.S. officials for NATO to take a bigger role in the fight against Islamic State in Syria and Iraq, in line with calls from President Donald Trump for the alliance to do more to combat terrorism. Many alliance members hope the plan will be announced in Brussels next Thursday, when Trump attends his […]
SEOUL U.S. President Donald Trump told South Korea’s presidential envoy that Washington was willing to try to resolve the North Korean nuclear crisis through engagement, but under the right conditions, South Korea’s foreign ministry said on Thursday. Trump has said “a major, major conflict” with North Korea is possible and all options are on the table but that he wanted to resolve the crisis diplomatically, possibly through […]
By Lisandra Paraguassu and Ricardo Brito | BRASILIA BRASILIA Brazilian President Michel Temer gave his blessing to an attempt to pay a potential witness to remain silent in the country’s biggest-ever graft probe, according to plea bargain testimony by a powerful businessman, newspaper O Globo reported on Wednesday. Temer’s office on Wednesday acknowledged he had met in March with the businessman, Chairman Joesley Batista of meat giant […]
By Mark Hosenball and Lawrence Hurley | WASHINGTON WASHINGTON Former FBI director and prosecutor Robert Mueller, known for his independence in high profile government investigations, is taking on a new challenge in the midst of a crisis that threatens the presidency of the United States. Mueller, 72, was named on Wednesday by the Justice Department to probe alleged Russian efforts to sway November’s presidential election in favor […]
Call it the Trump fade? The so-called Trump trade captivated Wall Street after the surprise election of Donald Trump last November. After years of stagnant economic growth in the wake of the financial crisis, the prospect of Mr Trump’s pro-business agenda, combined with Republican control of both executive and legislative branches of the US government, breathed new life into the ageing equity rally, sent the dollar to […]
The president’s packed schedule is filled with opportunities for Mr. Trump to slip up, publicly or privately: back-to-back discussions with the leaders of other nations, many of whom are veteran negotiators well versed in issues they care deeply about. Continue reading the main story By contrast, it could also serve as a much-needed change of subject for a president besieged at home with an agenda frozen by […]
By Anggy Polanco | SAN CRISTOBAL, Venezuela SAN CRISTOBAL, Venezuela Venezuela said it was sending 2,000 soldiers on Wednesday to a border state that is a hotspot of anti-government radicalism after looting that killed a 15-year-old in the latest unrest roiling the nation. Most shops and businesses in San Cristobal, capital of Tachira state on the Colombian border, were closed and guarded by soldiers on Wednesday, though […]
UNITED NATIONS U.S. Ambassador to the United Nations Nikki Haley said on Wednesday she will visit Turkey and Jordan from May 19-25 to see how Syrian refugees “are coping, day in and day out,” to see U.N. humanitarian work and highlight the U.S. aid response. It will be the first overseas trip by Haley, a member of President Donald Trump’s cabinet, and follows a bid by Trump […]
Earlier today, RBC’s Charlie McElligott explained why today’s action is indicative of one or more energy/risk-neutral/value funds blowing up. Now he looks at the underlying cause, and attributes it to the inability of investors to discriminate between real and imaginary threats in what has now become a “deafening cacophony of noise.” THE DOLLAR MELTDOWN We are currently in the midst of a sixth-consecutive day of declines for […]
Donald Trump is facing the gravest crisis of his presidency following the claim that he urged James Comey, the recently ousted FBI head, to halt an investigation into Michael Flynn, the retired general who was briefly his first national security adviser. According to a memo made by Mr Comey after a private meeting in February, Mr Trump asked him to stop investigating Mr Flynn, who had been […]
By Ahmed Rasheed | BAGHDAD BAGHDAD Islamic State militants are planting bombs near front doors in Mosul to prevent civilians leaving, a federal police commander and witnesses said on Wednesday, as Iraqi forces make their final push against the jihadists after seven months of fighting. Trapped in a shrinking area of the city, the militants are increasingly using the several hundred thousand civilians under their control as […]
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. A few more Americans now know H.R. McMaster, who resembles an aging Mr. Clean with horn-rimmed glasses. But they don’t know him nearly as well as Tom Ricks. His journalism experience reveals a distinct reason to doubt McMaster’s defense of […]
