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January 31, 2017 by: Hudson Lockett in Hong Kong Tuesday 01:50 GMT Overview A shaky Monday for US stocks rolled into Asian trading on Tuesday as confusion persisted over President Donald Trump’s executive order to clampdown in immigration and ahead of the Bank of Japan’s interest rates decision. Hot topic Stock markets remained closed in Hong Kong and China for the lunar new year holiday, but those […]

By Julia Edwards Ainsley | WASHINGTON WASHINGTON The U.S. government has granted waivers to let 872 refugees into the country this week, despite President Donald Trump’s executive order on Friday temporarily banning entry of refugees from any country, according to an internal Department of Homeland Security document seen by Reuters. A Homeland Security official, speaking on condition of anonymity, confirmed the waivers, noting that the refugees were […]

Even by Trumpean standards, it verged on an epic surprise. During his daily briefing cum lecture Monday, White House Press Secretary Sean Spicer sharply asserted, “They should either get with the program or they should go.” And he heralded President Trump’s new “One In, Two Out” mantra. But, stunningly, he was not referring to the press! One might have assumed that, given Sunday comments by Kellyanne Conway, […]

By John Walcott and Julia Edwards Ainsley | WASHINGTON WASHINGTON When Donald Trump’s administration put together its controversial executive order on immigration, it was Steve Bannon – the populist firebrand fast emerging as the president’s right-hand man – pushing a hard line. Senior officials at the Department of Homeland Security (DHS) interpreted the order to mean that lawful permanent residents – green card holders – who hailed […]

In what those with a flair for the dramatic might be allowed to call “mutiny”, Deputy Attorney General Sally Yates, who is the current acting Attorney General, has given orders to the Justice Department not to defend Trump’s executive order. Her just released statement is below: On January 27, 2017, the President signed an Executive Order regarding immigrants and refugees from certain Muslim-majority countries. The order has […]

By Hamid Shalizi and James Mackenzie | KABUL KABUL Atta Mohammad Noor, one of Afghanistan’s most powerful regional leaders, is in talks with President Ashraf Ghani to join the central government, a move that could shake up the country’s politics ahead of elections scheduled for 2019. Negotiations have been going on for weeks, and while the outcome is uncertain and it is unclear what role Noor would […]

By Rodrigo Campos | NEW YORK NEW YORK Major U.S. stock indexes posted their largest drop so far in 2017 on Monday as investors worried that a curb on immigration ordered by Donald Trump was a reminder that some of the U.S. president’s policies are not market-friendly. An executive order issued by Trump on Friday banned immigration from seven Muslim-majority countries, including legal residents and visa holders, […]

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Pressure on U.S. President Donald Trump grew on Monday over his order banning travel from seven Muslim-majority nations, as the state of Washington announced a legal challenge and former President Barack Obama took a swipe at his successor. The leader of the Democrats in the U.S. Senate, Chuck Schumer, said he would bring legislation on Monday evening seeking to end the ban, although his effort stood little […]

Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, receives Angelino Alfano Minister of Foreign Affairs and International Cooperation of Italy (C). Seen with Dr Anwar Gargash, Minister of State for Foreign Affairs, during a Sea Palace barza. Mohamed Al Hammadi / Crown Prince Court — Abu Dhabi Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy […]

US stocks on Monday faced the heaviest sell-off since before the presidential election in the biggest reversal yet of the so-called Trump trade that has carried equities to record peaks. The S&P 500 index, a broad barometer of American stock performance, fell as much as 1.2 per cent in late-morning trading in New York. That represented the steepest intraday fall since November 1 and came after it […]

By Lisa Lambert | WASHINGTON WASHINGTON House Republicans were set on Monday to begin the process of killing five Obama-era rules on corruption, the environment, labour and guns under the first real test of a law intended to keep regulation in check. Republicans put as much urgency on limiting what they consider overregulation that stifles economic growth as they do on overhauling the tax code and dismantling […]

DUBLIN Ireland’s government will conduct a complete review of United States customs pre-clearance arrangements at Irish airports following President Donald Trump’s curbs on immigration, Prime Minister Enda Kenny said on Monday. Passengers can clear customs and immigration at Ireland’s Dublin and Shannon airports, cutting down waiting times when they reach the United States, something Kenny said had been of enormous convenience for Ireland. “I have asked for […]

By Gertrude Chavez-Dreyfuss and Anna Irrera | NEW YORK NEW YORK Day traders love making bets on tweets from U.S. President Donald Trump, but some of the most prominent quantitative strategists from hedge funds and banks are not quite ready to make big, bold trades on his social media musings. The president’s active Twitter presence has lifted volatility in financial markets, which is good for day traders […]

DUBAI // The future of thousands of young people from Muslim countries at universities and colleges in the United States has been thrown into doubt by Donald Trump’s travel ban. More than 16,000 students from the seven banned countries are affected by the president’s executive order: 11,338 from Iran, 1,727 from Iraq, 1,578 from Libya, 792 from Syria, 516 from Yemen, 233 from Sudan and 32 from […]

President Donald Trump has attacked airlines, the media and Democrats over the protests and criticism of his administration that emerged over the way he executed a ban on people from seven Muslim-majority nations entering the US. In a series of tweets and comments at the White House, Mr Trump tried to shift the blame for the chaos that ensued after more than 100 refugees and migrants from […]

(Image: file photo) “No industry, organization size or geographic location, is immune to a data breach.” That’s the bottom line to Risk Based Security’s recently published end-of-year data breach report, which concluded that over four billion records had been stolen during 2016. The report confirmed that three companies accounted for half of the records stolen in breaches reported last year. Yahoo saw over 1.5 billion records stolen […]

BUENOS AIRES Argentina changed its immigration law to make it easier to deport foreigners who commit crimes and to prohibit individuals with criminal records from entering the country, according to a post in the government’s official bulletin on Monday. The measure cited “recent acts of organized crime” and noted that the percentage of foreigners in the country’s corrections system had grown in recent years, reaching 21.35 percent […]

Pakistan’s interior minister on Monday criticized President Donald Trump’s restrictions on immigration from several Muslim-majority countries, saying the move would harm the global fight against terrorism, amid concerns that Pakistanis may also be impacted. Mr. Trump issued an executive order Friday, suspending the U.S. refugee program for four months and banning the entry of citizens from seven Muslim-majority countries: Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen. […]

GENEVA U.S. President Donald Trump needs to acknowledge that the extreme interrogation technique known as waterboarding is torture and therefore absolutely prohibited, the U.N. special rapporteur on torture said on Monday. “Without any doubt, waterboarding amounts to torture,” Nils Melzer said in a statement, adding that a U.S. revival of torture would be catastrophic because other countries would also “get back into the torture business”. “I urgently […]

Boris Johnson’s claim to have extracted concessions from Donald Trump over his travel ban was thrown into confusion on Monday after embassies around Europe, including London, issued statements contradicting the UK foreign secretary. Amid a public storm over the issue, the UK Foreign Office said on Sunday evening that the extreme vetting programme would apply to fewer than expected dual-nationality Britons going to the US. It said […]

Mr. Faily has been directly affected by the order. Though he holds dual British and Iraqi citizenship, he said information he had received from the American Embassy in Baghdad indicated that he would not be allowed to travel to the United States in the coming weeks to participate in a long-planned conference, he said in a telephone interview from Iraq. Continue reading the main story The edict […]

Aberdeen Asset Management and Franklin Templeton Investments are among asset managers pushing Mexican authorities to overhaul two practices they say are harming investor confidence in a country that has been in global crosshairs since US president Donald Trump took office earlier this month. Cartica, a US-based asset manager focused on emerging markets, is leading a charge from the firms to push listed Mexican companies to give at […]

WASHINGTON U.S. President Donald Trump on Monday continued to defend his controversial immigration order, saying disruptions at airports over the weekend were due to Delta Air Lines and protesters, and that U.S. Secretary John Kelly has said the implementation of the new restrictions is going well. “Only 109 people out of 325,000 were detained and held for questioning. Big problems at airports were caused by Delta computer […]

LONDON Britain and the United States have a strong relationship and should continue working together, a spokesman for Prime Minister Theresa May said on Monday when asked about a petition calling for U.S. President Donald Trump’s state visit to be cancelled. Over a million people in Britain have signed the petition in a grassroots backlash against Trump’s immigration policies. It says the visit, due to take place […]

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