US secretary of state John Kerry delivered a stinging rebuke of the Israeli government on Wednesday, accusing it of making the establishment of a viable Palestinian state nearly impossible through the expansion of settlements in the occupied West Bank and East Jerusalem. With Israeli prime minister Benjamin Netanyahu joining forces with president-elect Donald Trump to attack the Obama administration, Mr Kerry said that the US allowed a […]
When Jack Ma criticised Hong Kong last month for having outdated stock market listing practices, the Alibaba founder hit the city where it hurts. Hong Kong’s rivalry with New York has only heightened since the billionaire chose the US for his ecommerce group’s initial public offering two years ago. And next year, the battle between the world’s two largest listing centres will only become more heated, as three […]
WASHINGTON — In a harsh rebuke of Prime Minister Benjamin Netanyahu of Israel, Secretary of State John Kerry declared on Wednesday that the United States cannot “allow a viable two-state solution to be destroyed before our eyes.’’ Mr. Kerry, in one of his last speeches as secretary of state, said that Mr. Netanyahu was allowing the agenda of the settler movement to define the future of Israel. […]
Photo Construction this week in the settlement of Har Homa in Jerusalem. Credit Atef Safadi/European Pressphoto Agency JERUSALEM — Israeli leaders postponed plans on Wednesday to move ahead with new housing in East Jerusalem, just hours before Secretary of State John Kerry was scheduled to deliver a much-anticipated speech outlining an American vision for peace with the Palestinians. The Jerusalem city planning committee, reportedly acting at the […]
At this late date, weeks ahead of the inauguration of Mr. Trump, who openly lobbied on Israel’s side against the United Nations resolution, it is unclear what Mr. Kerry hopes to achieve from the speech, other than to leave a set of principles that he believes will one day emerge as the basis for talks, if and when they resume. Continue reading the main story Mr. Kerry, […]
By Diane Bartz | WASHINGTON WASHINGTON Healthcare company Abbott Laboratories (ABT.N) has won U.S. antitrust approval for its proposed $25 billion acquisition of medical device maker St. Jude Medical Inc (STJ.N), the U.S. Federal Trade Commission said on Tuesday. Abbott agreed to divest two medical devices used in cardiovascular procedures to resolve FTC concerns the acquisition would stifle competition, the commission said in a statement. The company […]
A Kingdom of Oil From the beginning, the social contract between commoners and royals constituted a trade-off: a share of the country’s wealth in exchange for absolute rule by the Saud monarchs. A Life magazine correspondent visiting in 1943 described how, as King Abdulaziz waited on a roadside while a flat tire was fixed on his Packard, he gave a shepherd passing on camelback several gold pieces. […]
The prime minister defended his retaliation. “Israel is a country with national pride, and we do not turn the other cheek,” he said. “This is a responsible, measured and vigorous response, the natural response of a healthy people that is making it clear to the nations of the world that what was done at the U.N. is unacceptable to us.” Continue reading the main story The Security […]
What a year it was for television. The idea that this is a golden age for small-screen entertainment has become almost a cliché, but there is no denying we have never had so much high-quality TV entertainment to choose from – so much so, it is tough to keep up. We have limited our best-of list to just five, which means we had to reluctantly leave out […]
British pop singer and songwriter George Michael, who rose to fame in the 1980s as the frontman of Wham! before pursuing a successful solo career, has died “peacefully” at his home in England at the age of 53. Michael, born Georgios Kyriacos Panayiotou, first made his name on the UK pop scene in the early 80s as one half of Wham!, with chart-topping hits such as “Wake […]
TAIPEI A group of Chinese warships lead by the country’s sole aircraft carrier has passed through waters south of Taiwan and is heading southwest, Taiwan’s defence ministry said on Monday of what China has termed a routine exercise. The ministry said the aircraft carrier the Liaoning, accompanied by five other vessels, had passed 90 nautical miles south of Taiwan’s southernmost point on Monday morning via the Bashi […]
Photo Israeli Prime Minister Benjamin Netanyahu attending the weekly cabinet meeting at his Jerusalem office on Sunday. Credit Pool photo by Dan Balilty JERUSALEM — Prime Minister Benjamin Netanyahu of Israel further escalated his criticism of the departing Obama administration on Sunday, publicly accusing it of having orchestrated the United Nations Security Council resolution that condemned Israel’s settlement construction. It was the second consecutive day of rising […]
The haiku is a powerful poetic form derived from the original Japanese style, with its structured three lines of five, seven and five syllables. David Lanoue, haiku poet and author, defines it as: “A one-breath poem that discovers connection.” They’re beautiful but not something you expect to find many of in the FT. However, in a fit of experimentation earlier this year, we created an algorithm that […]
When that ultimately did not stop the Council from acting, Mr. Netanyahu’s team expressed blistering anger at Mr. Obama. An Israeli official, insisting on anonymity to maintain the veneer of diplomatic protocol, gave a statement to multiple reporters on Friday blasting Mr. Obama and his secretary of state, John Kerry, by name. Continue reading the main story “President Obama and Secretary Kerry are behind this shameful move […]
Eileen Eagar was a single mom, working at a steel mill in Chicago. Feeding her two kids sometimes meant going out on a date, ordering the biggest steak on the menu and bringing the leftovers home. When we met her in the fall of 2016, she had married, moved to Arizona and started a career in real estate — the “best darn” realtor in Tucson, her husband […]
The UN Security Council has passed a resolution demanding that Israel stop building settlements in the occupied Palestinian Territories, after the US abstained in spite of ferocious criticism from Prime Minister Benjamin Netanyahu’s government. The resolution was passed with 14 votes from the 15-member security council, hours after a senior Israeli official accused US President Barack Obama of working “behind Israel’s back” to cook up the resolution, in […]
LONDON More than 4,000 homeless people in Britain are expected to use temporary shelters set up over Christmas by charity Crisis, which said the number of people sleeping rough was rising sharply. Staffed by an army of around 13,000 volunteers, the charity will provide food, shelter, haircuts, massages and dentistry services at shelters until Dec. 30. According to government statistics from 2015, more than 3,500 people sleep […]
America’s biggest defence contractors cannot decide whether to be thrilled or terrified by Donald Trump. The titans of the US defence establishment beat a path to Mr Trump’s Florida resort on Wednesday to hear the president-elect warn that the US government is spending too much money on wasteful, over-budget, out-of-control defence programmes. At the same time, however, Mr Trump has consistently promised a build-up in America’s military — including his […]
Good morning. A media A-list’s favorite books of 2016 Jake Tapper, the CNN reporter-show host, needed far less time than even a hyperactive wire service rewrite guy to answer a question about his favorite book this year: “‘Moonglow’ by Michael Chabon.” Bam, that didn’t take long. But it’s why amid a Trump- and-terrorism-centric moment, I asked busy and smart journalists to go high when so many others […]
Deutsche Bank and Credit Suisse have agreed to pay out billions to resolve a probe into the alleged mis-selling of mortgage-backed securities at the height of the US housing bubble, striking deals before the Trump administration takes power. The deals came as federal prosecutors announced they were suing Barclays and two of its executives over the issue of allegedly fraudulent residential mortgage-backed securities. The suit followed the breakdown of talks […]
More than four decades after a sweeping British military withdrawal from bases “east of Suez”, the UK is scaling up its defence engagement in the Gulf and Asia in what analysts regard as a recognition of the region’s growing global importance. Britain is reopening a naval support facility in Bahrain, creating a permanent army presence in Oman and establishing new defence staff centres in Dubai and Singapore. […]
In this Tuesday, Dec. 13, 2016, file photo, Devin Greene sits in the front seat of an Uber driverless car during a test drive in San Francisco. Uber has pulled its self-driving cars from California roads. The ride-sharing company said Wednesday, Dec. 21, 2016, California transportation regulators revoke registrations for the vehicles. The DMV confirmed that it had moved to revoke the registrations of 16 cars, saying […]
2016 was fact-checking’s finest year [1]. No it wasn’t, it was the year of “post-truth” [2] — some preferred “post-fact” [3] — and fact-checking is a fool’s errand. The discussion about facts in journalism worldwide has rarely been as fractured and animated as it has been in 2016, so we collected 366 links, one for each day of the year, to try and make sense of what […]
But by the time Mr. Trump is sworn in next month, such safe zones may be irrelevant, if the evacuation of Aleppo and political negotiations proceed. Continue reading the main story More than a year after launching the air campaign that remade the battlefield in Mr. Assad’s favor, Russia appears to be looking for a way out of the war. Analysts say that Moscow sees in the […]
