By Fatos Bytyci | PRISTINA PRISTINA Serbia plans to seize a slice of northern Kosovo just as Russia annexed Ukraine’s Crimea region in 2014, Kosovo’s president told Reuters on Monday, as the two Balkan neighbours trade accusations of wanting to ignite a new regional war. Kosovo special police units on Saturday prevented a train painted in Serbia’s national colours and bearing the words “Kosovo is Serbia” from […]
By Steve Holland | WASHINGTON WASHINGTON Monica Crowley, the foreign policy adviser tapped for a White House job under President-elect Donald Trump, will relinquish the post, a transition official told Reuters on Monday. Crowley had been chosen to serve as senior director of strategic communications at the National Security Council. Her appointment had been shadowed by reports of plagiarism in news outlets including CNN and Politico. “After […]
Jordan’s King Abdullah reshuffled his cabinet but retained Hani Mulki as prime minister on Sunday, granting him more scope to tackle the threat of Islamist militants and to press ahead with unpopular IMF-mandated reforms to cut spiraling public debt. The reshuffle, the second since the business-friendly Mulki was appointed last May, comes at a time of sluggish economic growth, poor business sentiment and concerns over Jordan’s political […]
LONDON (Thomson Reuters Foundation) – Donald Trump’s administration, heavy with fossil fuel industry backers, could cause major damage to efforts to deal with climate change through measures such as cutting access to satellite data for weather forecasting and climate research, scientists warned Monday. But the president-elect may prove more pragmatic than some of his Republican counter-parts on the politically charged issue of climate change, particularly if a […]
Kabul // An Afghan businessman died on Monday from injuries suffered in the Kandahar bomb attack that killed five Emiratis. Hashim Karzai, cousin of former president Hamid Karzai, died in hospital in India, where he had been sent for treatment after slipping into a coma, his brother Haji Karzai told The National. He was injured when explosives placed under a sofa went off as the Kandahar governor […]
TEHRAN — Perplexed residents here focused their eyes — and smartphones — upward on Monday afternoon as antiaircraft weapons hidden on rooftops suddenly began blasting away at “an unidentified flying object” in the clear sky. The thunderous clack-clack of gunfire and small dots of white smoke overhead provided a loud and unexpected accompaniment to the start of city’s evening rush, as videos show. Anti-aircraft fire on the […]
Ken Miller Crunch Network Contributor Ken Miller is an investor, writer, and advisor to several technology companies and Venture Capital firms. Previously he was an Executive at PayPal and Intuit, and early Advisor to Square. More posts by this contributor: How to join the network Pundits and Monday morning quarterbacks have spent much of the last two months lost in a fog of speculation and assertions as […]
By Tom Körkemeier and Andreas Rinke | BRUSSELS/BERLIN BRUSSELS/BERLIN Germany’s Foreign Minister said on Monday that U.S. President-elect Donald Trump’s comments that NATO was obsolete had aroused concern across the 28-member alliance. Frank-Walter Steinmeier, speaking after a meeting with alliance Secretary-General Jens Stoltenberg in Brussels, said Trump’s remarks contradicted views expressed by designated Defense Secretary James Mattis. He spoke also of “amazement”. “I’ve spoken today not only […]
NEW YORK (Thomson Reuters Foundation) – Millennials, some so young they need their parents’ permission and others with babies in tow, will join women’s protests this weekend as their generation for the first time faces challenges to rights they have known most of their lives. Hundreds of thousands of people are expected to attend the Women’s March on Washington and sister marches in other cities around the […]
By Nigel Stephenson | LONDON LONDON Investors sold sterling and stocks on Monday, seeking shelter in gold and the Japanese yen as uncertainty over Britain’s departure from the European Union and the policies of U.S. President-elect Donald Trump curbed appetite for risky assets. U.S. markets were closed for the Martin Luther King Day holiday, crimping market activity and potentially exacerbating price moves. The dollar .DXY rose, except […]
He was the president who took out Osama bin Laden but was blindsided by Isis; who made Asia his priority but saw his trade deal for the region stymied; who built bridges with once sworn enemies in Cuba and Iran but who sparred with allies in Israel and Saudi Arabia. The mixed and sometimes messy foreign policy legacy of Barack Obama includes a climate change agreement and […]
Traders are anticipating big swings in the pound, ratcheting up the cost of hedging against sterling volatility in preparation for fast-moving developments in the UK’s ever-more fractious relationship with the EU. Theresa May’s Brexit speech that she will deliver on Tuesday has already caused big shifts in the pound, following weekend media reports about its likely content. However, traders are now weighing up the impact of Donald […]
Turkey’s biggest headache, its crashing currency which the central banks appears unable to contain due to an Erdogan order not to hike rates, could soon translate into another major problem. According to two senior economy officials, Turkish inflation could reach double digits in the first quarter for the first time in almost five years as a result of the lira’s falls, putting more pressure on the central […]
By Alessandra Prentice | KIEV KIEV Outgoing U.S. Vice President Joe Biden called on Monday for sanctions on Russia to stay, urging the world to stand up to its “coercion and aggression” after President-elect Donald Trump mooted ending the measures under a possible deal with Moscow. Speaking on a swan song visit to Kiev, Biden said the G7 nations and European Union should lift the sanctions only […]
By Noah Barkin | DAVOS, Switzerland DAVOS, Switzerland A trade war between the United States and China and a strengthening dollar are among the biggest threats to a brightening global economic outlook, according to leading economists at the World Economic Forum in Davos. As political leaders, businessmen and bankers converge on the resort in the Swiss Alps this week, they can draw hope from a more benign […]
Submitted by Mike Shedlock via MishTalk.com, Conventional wisdom suggests National Front candidate Marine le Pen will make it to the second round in French elections, then lose in a landslide to whoever her opponent happens to be. I believe le Pen’s odds of winning it outright are far better than most think. Current Polls Chart from Wikipedia, with image clips added. Top Five candidates Marine le Pen: […]
16 January 2017 Oman Insurance Company (OIC), one of the UAE’s leading insurers, has become the first insurer in the Middle East to establish a corporate alliance with the Association of Certified Fraud Examiners (ACFE). The ACFE is recognized as the world’s largest and premier anti-fraud organization and has partnerships with numerous Fortune Global 500 organizations. Its role is to support the implementation of anti-fraud best practices […]
The PNP chief also calls on the public to stop using the term ‘Tokhang for ransom,’ saying it ‘hurts’ the police force Bea Cupin Published 4:40 PM, January 16, 2017 Updated 4:40 PM, January 16, 2017 KIDNAPPING CASE. PNP chief Ronald dela Rosa (right) says SPO3 Ricky Sta Isabel has since surrendered to the NBI, which is under Justice Secretary Vitaliano Aguirre II (left). File photo by […]
LONDON British luxury brand Burberry (BRBY.L) said on Monday its incoming chief executive Marco Gobbetti will initially join the company on Jan. 27 as executive chairman, Asia Pacific and Middle East, before joining the board and taking the top job on July 5. Italian Gobbetti, the former boss of French brand Celine, was named as Christopher Bailey’s successor as CEO last July. Bailey will take on the […]
SEOUL South Korean conglomerate Samsung Group said on Monday it could not accept the special prosecutors’ accusations that its leader, Jay Y. Lee, paid bribes to further his succession or the merger of two affiliates in 2015. “It is difficult to understand the special prosecution’s decision,” Samsung Group said in an email statement in response to the special prosecutors’ decision to request an arrest warrant for Lee, […]
South Korean prosecutors are seeking an arrest warrant for Samsung Electronics vice chairman Lee Jae-yong for his role in the bribery scandal involving the country’s president The request follows their quizzing of him on Friday, which lasted over 22 hours, over whether Samsung knowingly paid Choi Soon-shil, a close friend to President Park Geun-hye, bribes to have a controversial merger of its affiliates approved. The court will […]
SEOUL South Korea’s special prosecutor’s office said on Monday that Samsung Group leader Jay Y. Lee had paid bribes totaling 43 billion won ($36.42 million) to Choi Soon-sil, the friend of President Park Geun-hye at the centre of an escalating corruption scandal. The prosecutor’s office said on Monday it will seek a warrant to arrest Lee on charges of bribery and embezzlement. Lee Kyu-chul, a spokesman for […]
DUBAI/TEHRAN: Iran will not renegotiate its nuclear agreement with world powers, even if it faces new US sanctions after Donald Trump becomes president, Deputy Foreign Minister Abbas Araghchi said on Sunday.US “hostility” to Iran is growing day by day despite Tehran’s nuclear deal, the senior Iranian official said, ahead of the first anniversary of the historic accord.“The United States has done whatever it can do (to) slow […]
By Ben Hirschler | DAVOS, Switzerland DAVOS, Switzerland Trust in governments, companies and the media plunged last year as ballots from the United States to Britain to the Philippines rocked political establishments and scandals hit business. The majority of people now believe the economic and political system is failing them, according to the annual Edelman Trust Barometer, released on Monday ahead of the Jan. 17-20 World Economic […]
