Authored by Jeff Thomas via InternationalMan.com, Recently, I published the comment that, when the present debt bubble eventually pops, “governments will lose the economic power to continue their advance against economic freedom.” The immediate reaction from one reader was, “What could we expect next?… The governments and Deep State aren’t going to ‘just go away.’” An excellent question—one which deserves an answer. We won’t need a crystal […]
Nvidia is rolling out a new platform that aims to provide deep learning analytics to video streams produced from smart city applications. Dubbed Metropolis, the platform takes data captured by cameras deployed in government properties, public transit systems, commercial buildings and roadways, and then runs it through AI to help cities monitor video instantaneously. The idea is that cities are inundated with video data and need a […]
DUBAI // Ten people were injured when a ship hit a crane at Jebel Ali Port in Dubai. Port operator DP World said a CMA CGM container vessel was attempting to berth at Terminal 1 when it collided with the harbour wall “striking the leg of a quay crane causing it to fall”. It added that a second crane was shifted off its rails during the incident […]
Emmanuel Macron has swept to emphatic victory in France’s presidential election, clinching 66 per cent of the vote to beat far-right candidate Marine Le Pen. The National Front candidate’s 34 per cent share fell well short of the most optimistic projections for Ms Le Pen, which had suggested she could win as much as 45 per cent of the vote in the second round. Mr Macron’s victory […]
Globally, billions of dollars are lost to fraud every year, and with the growth of ecommerce business models over the past five years, payments startup Stripe is putting its transaction-based insights to good use in an effort to block fraudulent activity from its platform. Speaking with ZDNet, Stripe’s head of machine learning Michael Manapat said that internet businesses are in a uniquely liable situation of having to […]
ABU DHABI // Doctors hope that Eman El Aty will be able to sit upright in a chair within two months – the first time she has been able to move out of her bed in 12 years. The Egyptian, who weighed 500 kilograms in February this year, is being treated at VPS Burjeel Hospital after being flown from a hospital in India last week on a […]
By Muyu Xu and Ryan Woo | BEIJING BEIJING The Chinese capital is sanitizing its ancient hutong alleyways, home to millions of migrants workers and thousands of small businesses, bulldozing illegal constructions and forcing shops, bars and tiny courtyard restaurants to relocate or go under. As part of guidelines unveiled in April, authorities have started to brick in doors of properties along the narrow passageways, many of […]
WASHINGTON President Donald Trump took aim again on Sunday at Rexnord Corp (RXN.N) for the industrial supplier’s decision to move jobs to Mexico from Indiana. Milwaukee-based Rexnord announced plans in October to move a bearing plant and its 300 jobs from Indianapolis, employees told the Indianapolis Star at the time. “Rexnord of Indiana made a deal during the Obama Administration to move to Mexico. Fired their employees,” […]
By Noah Barkin and Leigh Thomas | BERLIN/PARIS BERLIN/PARIS After a decade of slow growth, rising unemployment and dwindling competitiveness, France elected a president on Sunday who says he has a plan to pull the country out of its economic malaise. Emmanuel Macron, a former investment banker who quit the government of Francois Hollande twice out of frustration with the slow pace of reforms, is promising […]
Oman’s tourism development company, Omran, has announced the appointment of Peter Walichnowski as its new CEO. Effective immediately, he will lead the company on its state-level mandate as the sultanate’s master developer of tourism destinations and urban communities, a statement said. Walichnowski joins Omran with more than 35 years of experience in tourism, real estate and mixed-use developments including stints at Dubai shopping mall operator Majid Al […]
(Image: file photo via CBS News/CBS Interactive) The FBI spent $900,000 on a hack that allowed federal agents into the San Bernardino terrorist’s encrypted iPhone, according to a Democratic senator. Sen. Dianne Feinstein (D-CA) confirmed the figure this week during an open hearing. FBI director James Comey was testifying in regarding the agency’s work, the events in the run-up to the 2016 elections, and the upcoming reauthorization […]
SEOUL North Korea said on Sunday it has detained another American citizen for suspicion of acts against the state, which if confirmed would make him the fourth U.S. citizen to be held by the isolated country amid diplomatic tensions. Kim Hak Song, who was detained on May 6, worked for the Pyongyang University of Science and Technology, the North’s KCNA news agency said. “A relevant institution of […]
File Photo Spyware developer FlexiSpy planned to lure researchers to disclose vulnerabilities in its software through HackerOne. HackerOne had other ideas. Last month, the surveillance firm revealed plans on Twitter to transfer its bug bounty program to HackerOne. The bug bounty program, created in the “interest of transparency,” would have offered researchers between $100 and $5000 to privately disclose bugs to the company. FlexiSpy said that the […]
Police have ruled out terrorists being behind twin bomb blasts in Manila that killed two people and injured six others. Blasts ripped through shops and pavement stalls on Saturday night in the historic Quiapo district near the Golden Mosque, a well known landmark in the city. A member of the Philippine National Police secures the area following two overnight explosions in Manila’s Quiapo district. Photo: AP Police said on Sunday […]
Starting December 2015, the Internet Society Asia-Pacific (ISOC APAC) Bureau in collaboration with local stakeholders including government, industry and the civil society, has led a series of endeavours to help further digital accessibility in Pakistan. Building on the success of our work in Pakistan, and in an effort to replicate the learnings in other parts of the Asia-Pacific, we recently held a workshop on digital accessibility in Colombo, […]
Invesco’s move to snap up Source, the London-based exchange traded fund provider, has thrust the US asset manager into the centre of an increasingly ferocious battle across Europe’s passive investment industry. European fund managers now face another formidable US competitor in addition to the existing heavyweights BlackRock and Vanguard, which are pursuing a cut-throat ETF price war as they expand their presence in Europe. Atlanta-based Invesco already […]
By Jonathan Cable | LONDON LONDON The fate of the European Union and the euro could hang on the outcome of Sunday’s French presidential election. The expected victory of centrist, pro-EU candidate Emmanuel Macron would be taken by markets as a sign that political risk in Europe is receding; a surprise win for far-right candidate Marine Le Pen would raise the risk that the euro zone’s number […]
Shifting of cases from FBR HQ to ‘inexperienced’ field formations raises eyebrows PHOTO: AFP ISLAMABAD: After a one-year hiatus, the government has shifted over 400 cases against persons named in the Panama Papers from the Federal Board of Revenue (FBR) Headquarters to its field formations, raising concerns that the authorities intend to bury the issue like many other high-profile cases. The decision shows that the federal government has […]
May 7, 2017 by: Harriet Agnew and Michael Stothard in Paris The French go to the polls on Sunday to vote for their next president in a run-off election where they will pick between independent centrist Emmanuel Macron and Front National leader Marine Le Pen. They face a choice between two radically different visions for the eurozone’s second-largest economy. Mr Macron, a 39-year old rookie politician whose […]
ABU DHABI // The school where a girl died after being locked in a bus will be permanently closed, a court has confirmed. The closure of Al Worood Academy Private School was confirmed by the Abu Dhabi Court of Cassation on Saturday. Abu Dhabi Education Council decided to close Al Worood after the death of Nizaha Aalaa, 3, an Indian girl who was locked inside a school […]
Traditional medicine in the Middle East, which is studied at the Zayed Center for Herbal Research, can be broken down into four categories: the Prophet, Physicians, Arabs and Elders, says professor Maha Barakat, the director general of Health Authority – Abu Dhabi. The Medicine of the Prophet (Teb Al Nabawi) This concerns Quranic references to healing, in addition to what the Prophet Mohammed practised to treat ailments. […]
6634 cases of dispute with service providers, more than half have been closed at a happiness rate exceeding 82% 06 May 2017 The Telecommunications Regularity Authority (TRA) revealed today the Statistics for the Customer Happiness Center during the first quarter of 2017. Which included the number of cases handled by the customer happiness team, as well as the incoming calls and the frequently asked questions, whether related […]
By Jonathan Stempel | OMAHA, Neb. OMAHA, Neb. Warren Buffett on Saturday faulted Wells Fargo & Co’s (WFC.N) previous management for failing to take action immediately upon learning that its employees were signing up customers for bogus accounts, causing a national scandal. Buffett spoke at the annual meeting of Berkshire Hathaway Inc (BRKa.N), which he chairs, and where he and Vice Chairman Charlie Munger are fielding five […]
The campaign team of French presidential candidate Emmanuel Macron says it has been the victim of a “massive and co-ordinated” hacking operation ahead of Sunday’s election. Around nine gigabytes of data were posted online to Pastebin, a document-sharing site that allows anonymous posting. It was not immediately clear who was responsible for releasing the files. The documents, posted on Friday night, appeared to contain details of emails […]
