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Submitted by Mike Krieger via Lberty Blitzkrieg blog, Today’s piece should be seen as a bit of a followup to yesterday’s post, India’s Demonetization Debacle Highlights the Dangers of Monetary Monopoly. While yesterday’s piece was more philosophical/strategic in nature, today’s zeroes in on some of the devastating real world impacts of Narendra Modi’s insane and inhumane cash ban. It’s hard to overstate the damage this policy has done to […]

TAIPEI China’s sole aircraft carrier the Liaoning has arrived at a naval base on the southern Chinese province of Hainan, a senior Taiwanese military officer said on Wednesday, after drills that took it around the island China claims as its own. China has given few details of what the Soviet-built Liaoning is up to, save that it is on a routine exercise. Taiwan has said the aircraft […]

By Thomas Wilson and Saeed Azhar | TOKYO/SINGAPORE TOKYO/SINGAPORE Japan Inc may become a more important force in dealmaking next year as its cashed-up companies seek to buy growth prospects elsewhere in the world and as Beijing’s crackdown on capital outflows prevents some Chinese companies from making foreign acquisitions, bankers and lawyers said. Facing tepid prospects at home after decades of stagnation amid a shrinking population, Japanese […]

Obama says Japanese leader’s Pearl Harbor visit shows power of reconciliation | Reuters ‘+Reuters.inlinevideo.title+’ ‘+Reuters.inlinevideo.length+’ ‘); } PEARL HARBOR, Hawaii U.S. President Barack Obama said on Tuesday Japanese Prime Minister Shinzo Abe’s visit to the site of the 1941 Japanese attack on Pearl Harbor showed the power of reconciliation. “This historic gesture speaks to the power of reconciliation. … A reminder that even the deepest wounds of […]

Cristina Fernández de Kirchner, Argentina’s former president, has been charged over corruption accusations in public works projects, marking the most significant legal setback for the embattled populist leader. Judge Julián Ercolini cleared the way on Tuesday for legal proceedings against Ms Fernández in what is the second of several cases being investigated to go to trial. She was indicted in May over allegations of manipulating the central […]

Russian sports officials had vehemently denied the doping operation’s existence despite a detailed confession by the nation’s former antidoping lab chief, Dr. Grigory Rodchenkov, in a New York Times article last May that was subsequently confirmed by global antidoping regulators. Continue reading the main story An investigator appointed by the World Anti-Doping Agency, Richard McLaren, published more extensive evidence this month that prompted the International Olympic Committee […]

By Andrew Osborn and Tom Perry | MOSCOW/BEIRUT MOSCOW/BEIRUT Russia’s foreign minister on Tuesday said the Syrian government was consulting with the opposition ahead of possible peace talks, while a Saudi-backed opposition group said it knew nothing of the negotiations but supported a ceasefire. In an interview with Interfax news agency, Sergei Lavrov did not say where the consultations were taking place or which opposition groups were […]

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Dec. 27, 2016 6:57 p.m. ET The conviction rate for blasphemy in Indonesia is 100%, and that’s bad news for Basuki Tjahaja Purnama. The talented Jakarta Governor faces up to five years in prison after a court decided Tuesday that prosecutors have a credible case against him for making lighthearted comments about the Quran. A conviction will deprive Jakarta of an able administrator and reformer, but the […]

By Jeff Mason | PEARL HARBOR, Hawaii PEARL HARBOR, Hawaii Japanese Prime Minister Shinzo Abe joined U.S. President Barack Obama for a symbolic joint visit to Pearl Harbor on Tuesday, commemorating World War Two dead and pledging that Japan would never wage war again. The visit, just weeks before Republican President-elect Donald Trump takes office, was meant to highlight the strength of the U.S.-Japan alliance in the […]

ABU DHABI // Ensuring social stability for Emirati families is one of the top priorities of the President, Sheikh Khalifa, said Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, during a meeting with a delegation from the Abu Dhabi Housing Authority. “Policies and programmes always focus on the welfare and well-being of Emirati citizens and improvement of their […]

WASHINGTON The U.S. State Department on Tuesday rejected as “ludicrous” accusations by Turkish President Tayyip Erdogan that U.S.-led coalition forces supported terrorist groups in Syria including Islamic State and Kurdish militant groups YPG and PYD. State Department spokesman Mark Toner there was no was basis for such an accusation. (Reporting by Lesley Wroughton; Writing by Yara Bayoumy; Editing by Lisa Shumaker) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(”); var median = […]

One year after this website demonstrated that Turkey was cooperating with the Islamic State, in the very least trading cash in exchange for crude oil sold to various Turkish outposts (a trade which was subsequently ended by the Russian air force), Turkey has flipped the tables and on Tuesday Turkish President Recep Tayyip Erdogan said he has uncovered evidence that US-led coalition forces have helped support terrorists […]

WASHINGTON In a new legal development on the controversy over former Secretary of State Hillary Clinton’s emails, an appeals court on Tuesday reversed a lower court ruling and said two U.S. government agencies should have done more to recover the emails. The ruling from Judge Stephen Williams, of the U.S. Court of Appeals for the District of Columbia Circuit, revives one of a number of legal challenges […]

Jeddah, Kingdom of Saudi Arabia, 27.12.2016  The Board of Executive Directors of the Jeddah-based Islamic Development Bank (IsDB), in its 316th meeting on Sunday, gave the final go ahead for injecting US $863 million in to new financing development projects in a number of member countries namely; Guinea, U.A.E, Bahrain, Morocco, Senegal, Togo, Djibouti, Chad, Jordan, and Mali. The meeting also approved to a number of important […]

ANKARA Turkish President Tayyip Erdogan said he has evidence that U.S.-led coalition forces give support to terrorist groups including the Islamic State and Kurdish militant groups YPG and PYD, he said on Tuesday. “They were accusing us of supporting Daesh (Islamic State),” he told a press conference in Ankara. “Now they give support to terrorist groups including Daesh, YPG, PYD. It’s very clear. We have confirmed evidence, […]

By Yashaswini Swamynathan Wall Street was higher on Tuesday, with the Dow Jones Industrial Average resuming its climb toward 20,000 and the Nasdaq hitting a record as technology and health stocks rose. The blue-chip index has been riding on a post-election rally, feeding on optimism that President-elect Donald Trump’s plans for deregulation and infrastructure spending would bolster the economy. The index, which came within 13 points of […]

Given the number of people in the city, New Yorkers rarely feel they’re on the same page with each other. The day after Donald Trump was elected United States president, however, they quietly mourned together. The weather, as if set in a Shakespearean drama, reflected the solemn state of the city’s inhabitants. In the days leading up to the election, the weather was perfectly crisp. The annual […]

By Peter Hobson | MOSCOW MOSCOW Russia, China and Pakistan warned on Tuesday that the influence of Islamic State (IS) was growing in Afghanistan and that the security situation there was deteriorating. Representatives from the three countries, meeting in Moscow, also agreed to invite the Afghan government to such talks in the future, the Russian Foreign Ministry said. “(The three countries) expressed particular concern about the rising […]

WASHINGTON U.S. President-elect Donald Trump on Tuesday announced that Thomas Bossert, former deputy homeland security adviser to President George W. Bush, would be his White House adviser on security and counterterrorism issues, according to a statement. As assistant to the president for homeland security and counterterrorism, Bossert would be Trump’s top counterterrorism chief. He currently runs a risk management consulting firm and has a cyber risk fellowship […]

I am retiring from the Poynter Institute on New Year’s Eve. As my wife and I watch the ball in Times Square slide down to 2017, our fervent smooch will not just mark a new beginning. It will be the first celebration of almost 40 years well-spent. When my retirement was announced — along with the news that I would continue to work on some important projects […]

By Andrew Osborn and Peter Hobson | MOSCOW MOSCOW Russia has found the main flight recorder from a military plane that crashed into the Black Sea killing all 92 on board, the Defence Ministry said on Tuesday, amid unconfirmed reports that authorities had grounded all aircraft of the same type. The recorder, one of several reported to be on board, contains information that could help investigators identify […]

By Patrick Graham | LONDON LONDON Share prices inched higher on Tuesday as trading in some of the world’s major financial markets resumed after a Christmas break, with oil and the dollar also rising marginally. Concerns about Italian banks, Chinese growth and U.S. President-elect Donald Trump’s protectionist bent look set to keep investors on edge into the start of 2017. But expectations the new administration will splash […]

M-Station is largest power plant in the UAE with total cost reaching AED 11.62 billion and will produce 2,760MW on completion Dubai, UAE, 27 December 2016 Dubai Electricity and Water Authority (DEWA) has announced that it has completed 53% of the M-Station expansion project. The M-Station is the newest and largest power production and water desalination plant in the UAE. DEWA completed 3.9 million safe man-hours without […]

Farah later said he was surprised that a “multibillionaire” would make so much time for a side project like this. But single-minded persistence is the essence of self-investigation. Trump, for instance, also continued to insist on the guilt of the Central Park Five — five teenagers, four black and one Latino, whose convictions in the 1989 rape and beating of a jogger were later overturned — long […]

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