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The global Panama Papers investigation is based on the unprecedented leak of confidential information from Panamanian law firm Mossack Fonseca.  (Arnulfo Franco / THE ASSOCIATED PRESS FILE PHOTO)   In Brisbane and Ankara, Harare and Quito, Berlin and New York, the Panama Papers investigation into tax haven abuses has been recognized with some of the most prestigious journalistic accolades on the planet. The International Consortium of Investigative Journalists, which […]

Political uncertainty is slowing trade growth, a World Bank report has concluded, indicating that the rise of Donald Trump may already be casting a shadow over the global economy. Major international institutions such as the IMF, the OECD and World Bank have recently upgraded their forecasts of global economic growth largely due to expectations that tax cuts, rising infrastructure spending and a wave of deregulation will boost the […]

However, neither American nor British officials could say for certain that the militant was the same man as Jamal Malik al-Harith, the man who had been held at Guantánamo. Continue reading the main story The British government also said it could not confirm the Islamic State’s communiqué nor the reports in the British news media. “As all U.K. consular services are suspended in Syria and greatly limited […]

Wednesday 12:45 GMT Overview US equity futures suggest Wall Street will dip from record levels that were reached amid a positive outlook for economic growth. Political concerns leave the euro carrying the wooden spoon in the forex markets, while the rush for supposed havens pushes short term German bond yields to their lowest ever. Hot topic The FTSE All-World equity index is at another record, up 0.1 […]

Dubai, United Arab Emirates, February 22, 2017-(ME NewsWire) Concourse D marks its first anniversary on February 24 following a successful inaugural year that saw over 16.6 million passengers enjoy its customer-friendly design and top-flight retail and food and beverage offering. Concourse D, which represents the final major piece of infrastructure to be built at DXB as part of the $7.8 billion Strategic Plan 2020 programme, was a […]

By Tuvan Gumrukcu and Michele Kambas | ANKARA/ATHENS ANKARA/ATHENS Cyprus reunification talks were in disarray on Wednesday after reports the Turkish Cypriot side would not join this week’s meeting in an escalating row that opened old wounds over past Greek Cypriot ambitions to unite with Greece. Talks between Greek Cypriot leader Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci were abruptly interrupted last week over a decision […]

Photo Prime Minister Benjamin Netanyahu of Israel, left, with his host, Prime Minister Malcolm Turnbull, in Sydney, Australia, on Wednesday. The visit was a first by a sitting Israeli leader. Credit Jason Reed/Reuters SYDNEY, Australia — Prime Minister Benjamin Netanyahu of Israel was warmly welcomed here Wednesday by his Australian counterpart, Malcolm Turnbull, with the Israeli leader promoting the two countries’ growing ties as Israel faces rising […]

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MANILA The foreign minister of the Philippines expressed doubt on Wednesday that a maritime sovereignty dispute with China could be resolved “during our lifetime”, so it was better to set it aside, engage Beijing and avoid an armed confrontation. In a defence of President Rodrigo Duterte’s decision not to push China to abide by an international arbitration ruling that went in Manila’s favour last year, Foreign Secretary […]

When Lieutenant General HR McMaster walks into his office in the West Wing of the White House as the new US national security adviser, the widely respected soldier and military historian will face one of the biggest challenges of his decorated career. President Donald Trump named Lt Gen McMaster — a three-star army general who commanded troops in Iraq and served in Afghanistan — to succeed Michael […]

But they are not buying much. Unemployment is high, especially among the many young people graduating from college. In all, 50,000 people remain displaced. Electricity and water supplies are still near crisis levels. Hamas, which governs Gaza, elected a new hard-line leader. Tunnel building goes on (and, presumably, so does the construction and smuggling of weapons). On the Israeli side, the political right talks of a new […]

MEXICO CITY Homicides in Mexico jumped by more than a third in January, new figures showed, fueled by violence in states hit by an internal split in the Sinaloa drug cartel. Murders were up by more than half in the northern states of Chihuahua and Sinaloa, according to official figures dated Monday. In Baja California there were almost 50 percent more. Joaquin “El Chapo” Guzman, the powerful […]

This much we can tell you for sure: the still-untitled Han Solo spin-off movie will not be called “Red Cup.”  That’s the working title, a nod to the fact that George Lucas named Solo’s character for the plastic drinks brand. (True story.) But what about the actual title for the standalone film, which as of Tuesday is scheduled for May 25, 2018? Thus far Lucasfilm has it […]

If eight years under Obama rule, 6 of which included Republican majorities in Congress, taught us anything, it’s that Presidents have fairly broad authority to govern through executive orders and rules changes implemented at the 100’s of government agencies responsible for overseeing our every move.  Fortunately for the Trump administration, this broad Presidential authority extends to immigration laws and, despite his recent defeat in the 9th Circuit, […]

By Nathalie Kantaris Diaz | PARIS PARIS Amnesty International said on Wednesday U.S. President Donald Trump’s “poisonous” rhetoric on his way to winning the White House led a global trend towards increasingly divisive politics in 2016 that had made the world a “darker” place. In its annual report covering 159 countries, the human rights group said principles of human dignity and equality had come under assault from […]

By David Brunnstrom | WASHINGTON WASHINGTON U.S. Secretary of State Rex Tillerson spoke by telephone with China’s top diplomat on Tuesday and affirmed the importance of a constructive U.S.-China relationship, and the two agreed on the need to address the threat posed by North Korea, the State Department said. Tillerson and Yang Jiechi, China’s state councillor who outranks the foreign minister, also discussed economics and trade as […]

By Shinichi Saoshiro | TOKYO TOKYO Asian stocks edged up on Wednesday, joining a record-setting night for world markets as investors cheered upbeat factory activity in Europe and solid earnings on Wall Street. The dollar was steady after hawkish comments from top Federal Reserve officials bolstered expectations the world’s no. 1 economy was strong enough to keep policymakers on course to further raise rates this year. MSCI’s […]

“If someone is arrested for throwing a rock, they get a two-year sentence,” the father, Yusri al-Sharif, said, according to the news site Ynet. “In this case, a soldier murdered and got a year and a half.” Continue reading the main story “My son is not an animal,” he said. But Israeli leaders, still shocked that an Israeli soldier was convicted in January in a killing in […]

Rising angst over the outcome of France’s presidential election sent the premium investors are demanding to own French debt instead of German bonds to a new post-eurozone crisis high. The gap between the yield on 10-year French debt and German equivalent bonds exceeded 0.81 percentage points for the first time since August 2012, as a fresh poll showing far right candidate Marine Le Pen is on course […]

By Idrees Ali | WASHINGTON WASHINGTON China, in an early test of U.S. President Donald Trump, is nearly finished building almost two dozen structures on artificial islands in the South China Sea that appear designed to house long-range surface-to-air missiles, two U.S. officials told Reuters. The development is likely to raise questions about whether and how the United States will respond, given its vows to take a […]

The White House on Tuesday signaled it was preparing to reverse a U.S. policy on transgender rights, raising concern among rights advocates that Republican President Donald Trump is about to revoke a signature initiative of his predecessor. Former Democratic President Barack Obama’s administration issued guidance to public schools last May to allow transgender students to use bathrooms matching their gender identity, a move transgender people hailed as […]

OTTAWA Canada will continue to accept asylum seekers crossing illegally from the United States but will ensure security measures are taken to keep Canadians safe, Canadian Prime Minister Justin Trudeau said on Tuesday. The number of would-be refugees crossing into Canada at isolated and unguarded border crossings has increased in recent weeks amid fears U.S. President Donald Trump will crack down on illegal immigrants, and photos of […]

At the start of January, when the Mexican Central Bank spent $2 billion to defend its currency in a rare intervention in the spot market, and which lasted just a few hours before the selling resumed, Goldman analyst Albert Ramos had some advice for Banxico: don’t use reserves to defend the Peso as Mexico would have greater need for them elsewhere. : Instead, Goldman’s advice was to […]

U.S. stocks rose to fresh record highs on Tuesday, boosted by strong earnings reports from Wal-Mart and Home Depot and continued optimism about the economic agenda of President Donald Trump. Wal-Mart’s (WMT.N) shares were the top gainer in the Dow Jones Industrial Average, rising 3 percent after the world’s largest retailer reported higher-than-expected U.S. sales. Home Depot (HD.N) shares gained 1.4 percent after the home improvement retailer […]

Verizon has announced that it will buy Yahoo’s core business after all, but at a $350 million discount since the internet company had two massive cyberattacks. The Verizon-Yahoo deal has been in the cards for a good while now and the companies have been negotiating the terms of the agreement. After two massive Yahoo data breaches came to light last year, however, the deal was not that […]

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