By Mica Rosenberg | NEW YORK NEW YORK The U.S. government took the legal battle over President Donald Trump’s travel ban to a higher court on Friday, saying it would appeal a federal judge’s decision that struck down parts of the ban on the day it was set to go into effect. The Department of Justice said in a court filing it would appeal a ruling by […]
By Julia Edwards Ainsley | WASHINGTON WASHINGTON The U.S. Justice Department is developing plans to temporarily reassign immigration judges from around the country to 12 cities to speed up deportations of illegal immigrants who have been charged with crimes, according to two administration officials. How many judges will be reassigned and when they will be sent is still under review, according to the officials, but the Justice […]
By Anna Mehler Paperny | TORONTO TORONTO Canada’s border authorities detained more Mexicans in the first 67 days of 2017 than they did annually in any of the three previous years, according to statistics obtained by Reuters. The spike comes immediately after Canada’s federal government lifted its visa requirement for Mexican citizens in December. Many Mexicans looking north have shifted their focus from the United States to […]
Brazilian outsourcing firm Stefanini IT Solutions has appointed a new chief executive for its operations in North America and Asia-Pacific. Former IBM head for global technology services Spencer Gracias will be leading the business for both regions, after joining the company as vice president in July 2016. Based at the firm’s Detroit offices, Gracias replaces Antonio Moreira, who had been leading Stefanini’s US presence since its launch […]
16 March 2017 The Arab Strategy Forum (ASF) has predicted six political and economic ‘Grey Swan’ events that have a high likelihood of occurring in 2017, said Director of the Forum, Suha Al Aleeli. The forum’s latest report, Al Aleeli added, establishes a scientific account of six unexpected events that could take place this year. The author outlines consequences of these events and their potential regional and […]
By Jeff Mason and Andreas Rinke | WASHINGTON WASHINGTON President Donald Trump reiterated his strong support for NATO on Friday and pressed German Chancellor Angela Merkel to meet NATO’s military spending target, in the first face-to-face meeting between the two leaders. The meeting between the leader of Europe’s largest economy and the U.S. president was billed as one that could help determine the future of the transatlantic […]
BEIRUT The head of the Syrian Kurdish YPG militia said a U.S.-backed assault to drive Islamic State from its de-facto capital Raqqa would begin at the start of April and the YPG would be taking part, despite fierce opposition from neighbouring Turkey. A spokesman for the U.S. Pentagon said no decision had been made yet on the Raqqa offensive, which is part of a two pronged attempt […]
At 38 years and counting, the clock is ticking against the famed environmental artist for his proposal to create the world’s largest sculpture in the UAE desert. Even though many of Christo’s memories may be cherished, not every anniversary is a cause for celebration. “I am not a masochist, I don’t like to spend 38 years working on this project,” says the white-haired artist who wrapped the […]
Jeroen Dijsselbloem, the Dutch finance minister who served as the eurozone’s chief dealmaker during some of the bloc’s biggest crises, may become a high-profile casualty of his national elections, with his Labour party unlikely to remain in government after losing three-quarters of its seats. The drubbing means Mr Dijsselbloem, who has served as eurogroup president for more than four years, may have to relinquish the post before […]
Photo Egyptian workers excavate a statue in Cairo last week. The colossus, originally believed to represent Ramses II, is now thought to be a statue of Psamtik I. Credit Khaled Desouki/Agence France-Presse — Getty Images CAIRO — The pharaonic statue that was discovered in a Cairo slum last week, believed to depict to Ramses II, one of ancient Egypt’s best known rulers, most likely is of a […]
Markets do not have a clue how to handle political populism. They are still frightened of it, even though last year’s populist earthquakes in the UK and US are yet to have the drastic consequences that had been feared, and they cannot gauge its chances of success. This might yet create opportunities for those who can stomach some risk. This was a great week for European stocks, […]
This morning President Trump hosted a brief media appearance in the oval office, along with a group of conservative lawmakers, to, among other things, declare his “100% support” for the GOP’s Obamacare replacement plan. During the discussion, Trump indicated that concessions had been made to the GOP’s legislation to attract the support of several conservative lawmakers and guarantee the bill’s passage when it come up for a […]
WASHINGTON The Pentagon on Friday denied accusations by a Syrian rebel group that the United States had targeted a mosque in Syria and, in a rare move, showed an aerial image to illustrate the mosque was intact and the building destroyed was in fact across the street. Pentagon spokesman Captain Jeff Davis, addressing a Pentagon news conference, said he believed dozens of al Qaeda fighters were killed […]
HH Sheikha Manal: “The UAE’s success and experience qualifies the country to play an important role in shaping a new global roadmap for gender balance.” HE Mona Al Marri: “Through the Global Gender Circle initiative, we’re striving to provide new opportunities for international leaders and experts in gender equality to come together, develop innovative ideas and drive transformative change in achieving gender balance as well as bridging […]
ANKARA Iran’s hardline judiciary has sentenced the daughter of late Iranian president Akbar Hashemi Rafsanjani to jail for “anti-state propaganda, spreading lies against the judiciary and the Revolutionary Guards Corps”, the opposition website Kalemeh reported on Friday. The Islamic Republic has piled pressure on the pro-reform opposition ahead of a presidential election on May 19, when hardline rivals of pragmatist President Hassan Rouhani hope to regain control […]
As part of sweeping efforts to reduce regulation and boost business, President Trump this week announced plans to relax fuel economy standards. The Corporate Average Fuel Economy (CAFE) standards, which were implemented decades ago but accelerated under President Obama, call for automakers to reach a fleetwide average 54.5 miles per gallon by 2025. In typical deal-maker fashion, Trump went to Detroit to announce the easing […]
By John Davison and Ahmed Rasheed | MOSUL, Iraq/BAGHDAD MOSUL, Iraq/BAGHDAD Iraqi forces battling Islamic State in Mosul edged into the Old City and around the al Nuri mosque on Friday trying to seal off a main road to prevent militants sending in suicide bombers to attack their positions. Troops are meeting fierce resistance as militants retreat into the Old City, where street fighting is expected in […]
Tiffany & Co (TIF.N) reported fourth-quarter profit ahead of analysts’ estimates as it sold more jewelry in Japan and China, sending shares to a 19-month high in morning trading on Friday. Sales in Japan were bolstered by the brand exposure Tiffany got through a popular television show last year and a strong yen helped boost spending by Japanese tourists in other regions, Tiffany’s Chairman and interim Chief […]
The White House has assured the UK government it will not repeat allegations that President Donald Trump was placed under surveillance by GCHQ, Britain’s electronic eavesdropping agency, after London protested over the “nonsense” claims. The allegations, made on Thursday by White House press secretary Sean Spicer, triggered an angry response from Downing Street, an extraordinary high-level spat between two allies with possibly the closest intelligence-sharing relationship in […]
Secretary of State Rex Tillerson, the former Exxon CEO, is undoubtedly familiar with “tone at the top,” a term coined by audit firms and drilled home by business ethicists in the wake of financial scandals at Xerox, Enron and Arthur Andersen. When corporate leaders fail to model tone at the top by upholding principles, corners are cut and lapses trickle down and poison institutional culture. And yet […]
For Indian IT, the world has changed seemingly overnight. The biggest existential threat seems to be US President Donald Trump’s proposed immigration reform that could put substantial barriers to Indian IT being able to corner the market on skilled H-1B visas, thereby threatening the lucrative $75 billion or so that it collects in revenue from the US alone. Equally serious is the fact that the traditional outsourcing […]
Given the collapse of European VIX to record lows, one could be forgiven for thinking that there’s nothing to worry about. However, a one point jump in first-round support for French far-right presidential candidate Marine Le Pen has sparked a notable drop in EURUSD this morning. #presitrack 17/03 MLP 28% (+1)EM 25% (=)FF 20% (+1)BH 12% (-1)JLM 11% (-1)@LesEchos@ORPI_France@radioclassique https://t.co/BSF2m8vxkw pic.twitter.com/icAEaopK7I — OpinionWay (@opinionway) March 17, 2017 […]
Hawaii U.S. District Judge Derrick Watson Wednesday put on hold President Donald Trump’s revised travel ban, which temporarily blocked travelers from six majority-Muslim countries. Here are five things to know about the ruling. (via WSJ)
Dubai, UAE, 17 March 2017 For over five decades, Dubai Electricity and Water Authority (DEWA) has played a significant role in supporting the social, economic, and environmental development of Dubai, using a set of pioneering programmes and initiatives. This has contributed to the leading position DEWA enjoys today, and has reinforced the concept of Corporate Social Responsibility (CSR) to be more inclusive and effective. DEWA has launched […]
