A problem has emerged for France’s anti-immigrant, anti-Euro presidential frontrunner, Marine Le Pen, and it has little to do with being behind in the polls ahead of the 2017 presidential elections, far from it. It has, however, everything to do with something far simpler: money, as the National Front leader is suddenly struggling to raise the €20 million ($21 million) she needs to fund the French presidential […]
By Ju-min Park | SEOUL SEOUL A South Korean ruling party faction announced on Tuesday it would form a new party, and a prominent member of the defectors said they wanted outgoing U.N. Secretary-General Ban Ki-moon, the front-runner in some presidential polls, to join them. The 29 lawmakers from President Park Geun-hye’s conservative Saenuri Party were among those who supported a parliamentary motion to impeach Park over […]
Iran’s rial hit a record low against the U.S. dollar on Monday in a sign of concern about the country’s ability to attract foreign money after U.S. president-elect Donald Trump takes office. The rial was quoted in the free market at 41,500 to the dollar, weakening from around 41,250 on Sunday and 35,570 in mid-September. Before this month, the record low was about 40,000, hit in late […]
ABU DHABI // Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, has said the declaration of 2017 as the Year of Giving would show that the UAE was nation of “charity and peace”. Sheikh Hamdan called for government departments to coordinate with each other to back the campaign, which he said would solidify the UAE’s position as a leading supporter of humanitarian causes and charity. “The UAE […]
Russia expanded its search on Monday for the remains of a military plane that crashed into the Black Sea, killing all 92 on board, and said pilot error or a technical fault – but not terrorism – were likely to have caused the tragedy. The plane, a Russian Defence Ministry TU-154, was carrying dozens of Red Army Choir singers and dancers to Syria to entertain Russian troops […]
TAIPEI A group of Chinese warships led by the country’s sole aircraft carrier is heading towards China’s southern island province of Hainan through the South China Sea, Taiwan’s Defence Ministry said on Tuesday, in what Beijing describes as a routine drill. The carrier group has already rounded Taiwan, passing first between the southern Japanese islands of Miyako and Okinawa and then skirting southern Taiwan via the Bashi […]
Did the Russians really rig the 2016 US election? The Daily Telegraph’s Tim Blair exposes ‘the truth’ – You bet they did! Secret documents recently discovered in a bin behind a Kremlin-district 24-hour cabbage and tobacco store reveal for the first time the devious extent of Russian interference. These plans were decades in the making. Read on, as never-before-seen communiques between Russian agents Sergei Potrov and Dimitri […]
The European Central Bank has said that Monte dei Paschi di Siena’s capital shortfall has risen to €8.8bn from €5bn, significantly increasing the price tag of the rescue of Italy’s third-largest lender by the government. In a statement released late on Monday, MPS also revealed that the ECB had warned that the bank’s liquidity had suffered a “rapid deterioration” over the past month, as it tried in […]
By Jeffrey Heller | JERUSALEM JERUSALEM Benjamin Netanyahu has been unrelenting in his criticism of the Obama administration over what he condemned as its “shameful” decision not to veto a U.N. Security Council resolution calling for a halt to Israeli settlement-building. But with the clock ticking down on Barack Obama’s presidency, a possibly more amenable Republican Donald Trump waiting in the wings and a $38 billion U.S. […]
Dubai, 26 December, 2016, UAE Ajman Free Zone (AFZ) signed an investor partnership agreement with Dubai Quality Group (DQG) to activate fruitful cooperation between both parties to foster quality, business excellence, and innovation in the workplace. The signing ceremony was attended by senior officials from both the organizations. The delegation from DQG was headed by Eng. Ahmed Al Mulla, Vice Chairman of DQG, who presented the Certificate […]
By Stephen Kalin | EAST OF MOSUL, Iraq EAST OF MOSUL, Iraq Iraqi forces will resume their push against Islamic State inside Mosul in the coming days, a U.S. battlefield commander said, in a new phase of the two-month-old operation that will see American troops deployed closer to the front line in the city. The battle for Mosul, involving 100,000 Iraqi troops, members of the Kurdish security […]
December 26, 2016 by: Joanna S Kao in New York Last week ‘Dear Evan Hansen’ became the seventh new Broadway show of 2016 to pull in more than $1m at the box office in a single week, at the end of a year in which New York’s theatre takings have so far been roughly flat at $1.34bn. Rising ticket prices and better models for variable pricing have made […]
By Humeyra Pamuk | ISTANBUL ISTANBUL Turkish authorities have arrested the cafeteria manager of the opposition Cumhuriyet newspaper for insulting the president after he said he would not serve tea to Tayyip Erdogan, one of the manager’s lawyers told Reuters on Monday. Senol Buran, who runs the cafeteria at the Istanbul office of Cumhuriyet, was taken into custody after police raided his home late on Saturday, lawyer […]
By Gram Slattery | SANTIAGO SANTIAGO Chile’s government set to work on Monday repairing roads and restoring electricity to southern regions affected by a major earthquake that struck on Christmas Day, frightening thousands but resulting in no fatalities or major damage. The quake, a magnitude 7.6 centered off Chiloe Island northwest of Patagonia, caused thousands in the tourism and salmon farming region to evacuate to higher ground […]
BUENOS AIRES Argentina’s government has asked Finance Minister Alfonso Prat-Gay to step down, cabinet chief Marcos Pena said on Monday, marking the first major departure in President Mauricio Macri’s Cabinet since he took office a year ago. As part of the move, the Finance Ministry will be split in two, with the treasury division led by economist Nicolas Dujovne and the finance division led by current finance […]
By Andrew Osborn | MOSCOW MOSCOW Russia expanded its search on Monday for the remains of a military plane that crashed into the Black Sea, killing all 92 on board, and said pilot error or a technical fault – but not terrorism – were likely to have caused the tragedy. The plane, a Russian Defence Ministry TU-154, was carrying dozens of Red Army Choir singers and dancers […]
FRANKFURT European Central Bank policymaker Jens Weidmann said plans for a state bailout of Italian bank Monte dei Paschi di Siena (BMPS.MI) should be weighed carefully as many questions remain to be answered, according to German newspaper Bild. “For the measures planned by the Italian government the bank has to be financially healthy at its core. The money cannot be used to cover losses that are already […]
One may assume the life of a member of a Royal Family is easy, right? After all, members receive the “royal treatment” all year long. But the truth is royal families are just like all our families. Their lives can include controversy, scandal and some drama. And this year was no different. Whether it was relationship rumours, links to the Panama Papers scandal, tax fraud trials or […]
SEOUL The detained friend of impeached South Korean President Park Geun-hye, at the centre of a corruption scandal engulfing Park’s administration, said she was sorry on Monday when questioned by a special parliamentary committee, an opposition MP said. Choi Soon-sil, whom Park has said she turned to at difficult times, denied key allegations against her, including colluding with Park to pressure big businesses into paying money to […]
Egypt confirmed on Sunday that it had arrested an Al Jazeera news producer, accusing him of “provoking sedition” on behalf of the Qatar-based broadcaster that it considers a mouthpiece of the banned Muslim Brotherhood. Judicial sources said Mahmoud Hussain, who was detained on Friday, was being held on charges of disturbing public security and spreading false news. The Interior Ministry said in a statement that Al Jazeera […]
Submitted by Michael Jabara Carley via Strategic-Culture.org, Relations between Russian president Vladimir Putin and US president Barack Obama are poisoned and irretrievably damaged. It’s therefore a good thing that Obama is leaving office on 20 January. Bad US-Russian relations are of course nothing new. Since the Anglo-American war against Iraq in 2003, the US-Russian relationship has been headed downhill. For Obama, it appears that everything has gotten […]
By Emily Stephenson | KANEOHE BAY, HAWAII KANEOHE BAY, HAWAII President Barack Obama said on Sunday it had been the “privilege of my life” to serve as U.S. commander in chief and promised his continued gratitude and commitment to service members and their families during a Christmas Day visit to Marine Corps Base Hawaii. “Although this will be my last time addressing you as president, I want […]
SEOUL Headed for a fourth straight annual profit decline, Hyundai Motor (005380.KS) is trimming its cost fat; scaling back on business class flights and annual family home trips for overseas employees, executives told Reuters. The South Korean automaker has been hit by its exposure to weak emerging markets, and a product line-up that features more sedans than sport utility vehicles, just as SUVs have become more popular […]
TAIPEI A group of Chinese warships lead by the country’s sole aircraft carrier has passed through waters south of Taiwan and is heading southwest, Taiwan’s defence ministry said on Monday of what China has termed a routine exercise. The ministry said the aircraft carrier the Liaoning, accompanied by five other vessels, had passed 90 nautical miles south of Taiwan’s southernmost point on Monday morning via the Bashi […]
