BEIJING China’s first aircraft carrier will carry out drills in the Western Pacific, in what the navy called part of routine exercises, but amid renewed tension over self-ruled Taiwan that Beijing claims as its own. The navy said in a statement late on Saturday the Liaoning, along with its accompanying fleet, would conduct “exercises far out at sea”, without giving details of the location or route, in […]
The haiku is a powerful poetic form derived from the original Japanese style, with its structured three lines of five, seven and five syllables. David Lanoue, haiku poet and author, defines it as: “A one-breath poem that discovers connection.” They’re beautiful but not something you expect to find many of in the FT. However, in a fit of experimentation earlier this year, we created an algorithm that […]
“The resolution that was passed by the U.N. yesterday is part of the swan song of the old world that is biased against Israel,” Mr. Netanyahu said at a Hanukkah candle-lighting ceremony honoring wounded soldiers and terrorism victims. “But, my friends, we are entering a new era and, as President-elect Trump said yesterday, that is going to happen a lot faster than people think.” Continue reading the […]
More than a month after the election, the following sentence has become a cable news cliché: Journalists in New York and Washington, D.C. are out of touch with the rest of the country. It’s true. There’s a lot of local nuance that doesn’t make the national news. And it’s even true within cities like New York — growing up in the Bronx often meant watching reporters based […]
DUBAI Iran plans to ask international oil companies to bid for the second phase of development of its Yadavaran and North Azadegan oilfields, a senior official said on Saturday. That means Chinese firms China National Petroleum Corp (CNPC) [CNPET.UL] and Sinopec (0386.HK), which have played a leading role in developing the fields until now, will have to compete with other firms if they want to maintain that […]
The FBI has launched an investigation into the security breach that had affected computers of the Federal Deposit Insurance Corporation for several years starting from 2010, according to people familiar with the matter. Senior officials of the FDIC believe that the infiltration was sponsored by the military of China, as revealed in a congressional report that was published in July. Hackers Invade The FDIC According to the congressional […]
Mohammed Ahli: Our airports are gearing up to serve up to 146 million passengers by 2025 Via Dubai Security Supplement features Angela Gittens of ACI and Michael Herrero of IATA Dubai, December 22, 2016: Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority (DCAA) and Chairman of Dubai Airports, said Dubai has successfully transformed innovation into a working culture in the government […]
President-elect Donald Trump ‘triggered’ the social media world into a frenzy Friday night with a tweet that praised Russian president Vladimir Putin’s criticism of Democrats. As The Hill reports, Putin on Friday deflected accusations of Russian interference in the U.S. election, saying at a press conference: “Democrats are losing on every front and looking for people to blame everywhere. They need to learn to lose with dignity.” […]
MANILA Sixteen people were wounded in a grenade explosion outside a Catholic church during a Christmas eve mass in the Philippines’ restive southern island of Mindanao, a priest and police said on Saturday. Security forces across Southeast Asia are on alert ahead of the Christmas and New Year holidays, as police in Australia and Indonesia said they had foiled bomb plots and Malaysian security forces arrested suspected […]
NAIROBI Burundi has halted legal action against 11 non-governmental organisations that were banned due to accusations they conspired with opponents of President Pierre Nkurunziza, the prosecutor general’s office said on Saturday. Nkurunziza’s government has often accused civil society groups of working against it during a crisis that erupted last year over his disputed election for a third term. About 450 people have been killed in political violence. […]
The power of a good interview to shed light on the personalities and themes driving the news agenda was demonstrated clearly in the year of tumult that has been 2016. As geopolitical shocks spread, a roll call of politicians, business leaders, celebrities and cultural figures sat down with the Financial Times to share their thoughts. In the UK, Theresa May revealed some insights into her brisk management […]
Mijbel AlQattan appointed President of the society by the newly elected board, replacing outgoing President Rafik Hafez. Kuwait, 22 December 2016 CFA Society Kuwait, CFA Institute’s local association of investment professionals consisting of portfolio managers, financial analysts and investment advisors, has announced the appointment of its new board of directors. Mijbel AlQattan, previously the society’s Vice President, was appointed by the newly elected board of directors to […]
ANKARA Turkish authorities are investigating some 10,000 people on suspicion of using social media to support terrorism, the interior ministry said on Saturday, part of a wide crackdown that has alarmed rights groups and some Western allies. Turkey, which faces security threats from Kurdish and leftist militants and Islamic State, has sacked or suspended more than 100,000 people following an attempted military coup in July. It says […]
By Philip Pullella | ROME ROME Security for the long Christmas weekend was heightened throughout Italy and at the Vatican on Saturday following the killing by police of the man believed to be responsible for the Berlin market truck attack. As investigators sought to determine if Anis Amri had accomplices in Italy, and associates of the 24-year-old were arrested in his home country of Tunisia, national security […]
ABUJA Nigeria’s army has captured a key Boko Haram camp, the Islamist militant group’s last enclave in the vast northeastern Sambisa forest that was its stronghold, President Muhammadu Buhari said on Saturday. Boko Haram has killed 15,000 people and displaced more than two million during its seven-year insurgency to create an Islamic state governed by a strict interpretation of sharia law in the northeast of Africa’s most […]
MOSCOW Rosneft’s (ROSN.MM) plans for next year allow it to be flexible with production volumes, Russia’s top oil producer said on Saturday, after Moscow clinched a deal with OPEC to cut production to bolster weak oil prices. State-controlled Rosneft, which accounts for over 40 percent of Russian oil production, said its board has looked into plans for 2017-2018. “The plan is formed on the basis of actual […]
A round up of some of 2016’s most significant corporate events and news stories. Smartphone sales © EPA A bright start to the year for Samsung Electronicswent up in smoke, after it took the unprecedented decision to axe its Galaxy Note 7 line, following a spate of safety issues that saw the smartphone banned from aircraft, writes Nic Fildes. The 2016 Galaxy Note iteration won substantial praise […]
By Yun Hwan Chae | SEOUL SEOUL A large crowd of South Koreans took to the streets of central Seoul on Saturday for the ninth weekend in a row to demand the immediate resignation of President Park Geun-hye, who has been impeached by parliament over a corruption scandal. About 200 young people dressed as Santa Claus gave out gifts to some of around 200,000 people taking part […]
CAIRO Egyptian President Abdel Fattah al-Sisi said on Saturday that the military’s economic activity accounted for no more than two percent of the country’s output, dismissing suggestions that the military could control as much as half of the economy. Speaking at an event celebrating the expansion of a military-owned company, Sisi said the military made up 1.5-2 percent of economic output which he said was 3-4 trillion […]
By Rodrigo Campos | NEW YORK NEW YORK The year-end stocks rally on the heels of the election of Donald Trump as U.S. president was built on expectations of reduced regulations, big tax cuts and a large fiscal stimulus. Now signs are emerging from the Trump camp that harsher trade policies that could jeopardize the honeymoon are likely in the offing, and investors would be well advised […]
Getting $45 million in new work In the complaint, the whistleblowers said that when they originally lodged accusations of mismanagement — several years earlier — Bechtel project leaders launched a coordinated lobbying campaign to defend their work and also to collect new revenues for additional work on the waste treatment plant project. It then billed the department for the costs of this lobbying, the complaint said. In January 2010, […]
UNITED NATIONS: In a striking rupture with past practice, the United States allowed the UN Security Council on Friday to condemn Israeli settlements in the West Bank and east Jerusalem as a “flagrant violation” of international law. In doing so, the outgoing Obama administration brushed aside Donald Trump’s demands that the US exercise its veto and provided a climax to years of icy relations with Israel’s leadership.The […]
When that ultimately did not stop the Council from acting, Mr. Netanyahu’s team expressed blistering anger at Mr. Obama. An Israeli official, insisting on anonymity to maintain the veneer of diplomatic protocol, gave a statement to multiple reporters on Friday blasting Mr. Obama and his secretary of state, John Kerry, by name. Continue reading the main story “President Obama and Secretary Kerry are behind this shameful move […]
By Aaron Ross | KINSHASA KINSHASA Political parties in Democratic Republic of Congo paused talks on Saturday, close to a deal under which President Joseph Kabila would leave power in 2017 and elections would be held the same year, participants at the talks said. The talks between the ruling coalition and opposition parties mediated by a conference of Catholic bishops broke up at around 5.30 a.m local […]
