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Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // xCube Access Welcomes Entrust Capital Limited  Expanding Access to Professional Portfolio Management // XRG secures agreement for $1.45bn Australian LNG stake // Anthropic to prohibit persistent abuse of Claude chatbot // Middle East governments assess Iran war after US vote // Vance attributes Republican midterm defeats to Iran conflict // As AI Reshapes Education, Singapore Convenes Global Dialogue on the Future of Early Childhood Education // Democrats capture Senate majority with seven Republican seats // BJP’s Aggressive Response Exposes Anxiety Over Opposition Unity // U.S. Mid Term Result Is A Clear Verdict Against Trump’s Authoritarianism // Utilities pursue ₹1,992 cr in unpaid bills // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // ADIPEC leaders urge investment in global energy networks // Vingroup And Legends Global Announce Strategic Partnership For VinFast – Trong Dong Stadium // SC to examine students’ exam plea today // mamun raises US$3 million to finance cross-border trade between the Gulf and Asia // AI trust gap reveals distinct retail priorities: Divergent paths to consumer growth in Hong Kong and the GBA // CPI, CPM dispute portrayal of Vayalar uprising leaders // Pinarayi faults UDF over mounting road crashes //

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Photo The funeral on Monday of a high-ranking security officer killed in an assault in Karak, Jordan. Credit Muhammad Hamed/Reuters AMMAN, Jordan — The Islamic State claimed responsibility on Tuesday for a terrorist attack in the southern Jordanian city of Karak that killed 10 people, including the head of the military’s special forces, according to an organization that monitors militant groups. As the authorities continued their investigation […]

Law Blog rounds up the morning’s legal news: Authorities allege $1 billion fraud at Platinum Partners: Top executives at the hedge-fund firm, including founder Mark Nordlicht, were arrested and charged with defrauding investors in one of the biggest such cases since Madoff’s Ponzi scheme. [WSJ, Bloomberg] Judge Persky cleared: A California judicial disciplinary panel found no grounds to sanction Santa Clara County Judge Aaron Persky over the six-month sentence […]

In a year replete with extraordinary political upheaval and the wrenching loss of artistic icons, the markets have played their part in contributing to the angst. Here is a look at some of 2016’s most notable one-day wobbles. China cracks It started badly. In China, the mainland’s benchmark, the Shanghai Composite index, had closed 2015 near a four-month high after bouncing nearly 21 per cent from its […]

Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. Imagine if Snopes, PolitiFact and The Associated Press fact-checked our holiday cards and letters — or many of our daily declarations — for the truth. Facebook, of course, just announced it would team with PolitiFact, FactCheck.org, the Associated Press, ABC […]

By Renita D. Young | CHICAGO CHICAGO In a word, 2016 was “surreal.” Surreal, meaning “marked by the intense irrational reality of a dream” was looked up so much by online users that Merriam-Webster on Monday dubbed it the 2016 word of the year. Surreal joined the Oxford English Dictionary’s “post-truth” and Dictionary.com’s “xenophobia” as top words of the year. “Our word of the year is one […]

By Roberta Rampton and Eric M. Johnson | WASHINGTON/SEATTLE WASHINGTON/SEATTLE At least five Democrats who had been committed to back Hillary Clinton in the U.S. Electoral College cast ballots for other people on Monday, the largest number of “faithless electors” seen in well over a century. The 538 electors were voting across the country to confirm Republican Donald Trump as the next president. The event is normally […]

As Trump prepares for his presidential inauguration, the connections to Russia of people who will likely serve in his administration have come under scrutiny.  In 2013, Vladimir Putin awarded Tillerson with the Order of Friendship, a state decoration for foreigners whose work improves their countries’ relations with Moscow. “I don’t know what Mr. Tillerson’s relationship with Vladimir Putin was, but I’ll tell you it is a matter of […]

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The Federal Reserve will wait six months before raising interest rates again, according to a survey of top economists that suggests policymakers will maintain a cautious approach to tightening policy until they see the economic package US president-elect Donald Trump has promised. Officials will raise the Fed’s key short-term rate just twice in 2017, starting with a move in June, an FT survey of 31 Wall Street […]

By David Morgan | WASHINGTON WASHINGTON A top aide to Hillary Clinton’s presidential campaign said on Sunday it was an “open question” whether President-elect Donald Trump’s advisers colluded with Russia to hack into Democratic Party emails to try to sway the Nov. 8 election. Clinton campaign chairman John Podesta said there was evidence that Trump associates had contact with a Russian intelligence official and the website Wikileaks […]

Wall Street is bathing in nostalgia. This week the cover of Barron’s, the bible of US retail investors, proclaimed “Dow 20,000”. Presenters on CNBC are wearing Dow 10,000 caps first donned in 1999. And each day the thinning crowds on the floor of the New York Stock Exchange have watched the boards to see if the Dow Jones Industrial Average, having passed 19,900, can top the 20,000 […]

A series of big events shaped financial markets in 2016. Here is a selection of FT analyses and commentary, alongside charts, highlighting a tumultuous year. The new year rout January proved brutal for investors. After just 10 trading days, global equity markets had lost more than $4tn of value, with sentiment hammered by fears about China’s economic slowdown and a depreciating currency. In turn, bond markets were […]

Our round-up of the week’s best comment and analysis from the Financial Times focuses on expectations of a Trump-presidency stimulus and the danger of complacency. The selection is taken from our Markets Insight and Smart Money columns, written by industry contributors and FT commentators. Wall Street might be too complacent about Donald Trump’s corporate tax stimulus and are not pricing in an upsurge in volatility, argues the […]

Authored by Paul Craig Roberts, This article by Moon of Alabama is not conspiracy theory: Read it carefully. Check out the links. The below theses are thus far only a general outlay… There is an “elite” coup attempt underway against the U.S. President-elect Trump. The coup is orchestrated by the camp of Hillary Clinton in association with the CIA and neoconservative powers in Congress. The plan is […]

US planemaker Boeing is working to resolve certain issues with IranAir to finalise a $16.6 billion aircraft deal, and the manufacturer plans to commence the the first delivery in 2018, a senior company official told Arabian Business. The deal for 80 Boeing passenger jets, announced on Sunday, includes 50 narrow-body 737 MAX aircraft and 30 long-haul 777s, split equally between the 777-300ER, and the 406-seat 777-9, which […]

A few days ago we wrote about the Harvard Professor, Larry Lessig, who was offering free legal services to any Republican elector willing to consider switching their vote from Trump to any other candidate when the electoral college meets on December 19th (see “Harvard Professor Says He’s Rallied Nearly Enough GOP Electors To Block Trump“).    At the time, Lessig said he was in active discussions with […]

‘You can’t put a price tag on anybody’s life’ Two years after the overdose that killed her 21-year-old son, Terri Bartlett traveled to Illinois’ state capital to champion an unlikely cause: revamped painkillers. Bartlett’s son Michael became hooked on Vicodin and later graduated to heroin. In emotional testimony last year, she urged lawmakers to support a bill that would prioritize the new harder-to-crush pills, saying she believed […]

By Roberta Rampton and Jeff Mason | WASHINGTON WASHINGTON President Barack Obama said on Friday it was fine for President-elect Donald Trump to review Washington’s “one-China” policy toward Taiwan, but he cautioned that a shift could lead to significant consequences in the U.S. relationship with Beijing. “For China, the issue of Taiwan is as important as anything on their docket,” Obama told a news conference. “The idea […]

By James Oliphant and Emily Stephenson | WASHINGTON WASHINGTON With more than 20 nominees now selected, Donald Trump’s cabinet appears much like the president-elect himself: mostly older, white males, many of them wealthy, who see themselves as risk-takers and deal-makers and prize action over deliberation. Trump, who says Washington is “broken” and controlled by special interests, has largely eschewed technocrats with long government experience. Instead, he has […]

President-elect Donald Trump will nominate Republican U.S. Representative Mick Mulvaney to be director of the White House Office of Management and Budget, a senior transition official said on Friday. An announcement naming Mulvaney is expected to be made on Monday, according to the Wichita Eagle newspaper, which first reported that the South Carolina lawmaker had been chosen. His nomination must be confirmed by the Republican-controlled Senate. Mulvaney’s […]

By Roberta Rampton and Jeff Mason | WASHINGTON WASHINGTON U.S. President Barack Obama on Friday strongly suggested that Russian President Vladimir Putin personally oversaw the computer hacks of Democratic Party emails that American intelligence officials say were aimed at helping Republican Donald Trump win the Nov. 8 election. At a pre-Christmas press conference, Obama levelled a fierce attack against Russia, calling it a smaller and weaker country […]

The war in Syria has subjected Turkey’s border regions to terrorist attacks and demographic upheaval on an historic scale, but on the face of it there’s a welcoming feeling to Samanda, a bustling town of 45,000 on the shores of the eastern Mediterranean. On a wall by the town’s beachside boardwalk, graffiti proclaims how “Syrians are our brothers”, a sentiment in sharp contrast to the burning of refugees’ […]

The hard-right views of David M. Friedman, a bankruptcy lawyer who is President-elect Donald J. Trump’s choice as the next ambassador to Israel, have drawn polarized responses in Israel and the United States. Mr. Friedman, who has represented Mr. Trump in matters involving Atlantic City casinos, has no diplomatic experience. He has long espoused hard-right, pro-Israel views that are often at odds with decades of United States […]

By Scott Malone | BOSTON BOSTON Searches for selfies led to many bad decisions, an outbreak of creepy clown sightings chilled even horror maestro Stephen King, and a hard-fought campaign ended with the election of former reality TV star Donald Trump as president of the United States. Along with moments of triumph and tragedy, 2016 brought stories that ranged from weird to wonderful, funny to flummoxing. New […]

Almost a quarter of Americans acknowledged sharing fake news political news online, according to a new report from the Pew Research Center. The report, which is based on a telephone survey of more than 1,000 people, showed that 23 percent of respondents shared fabricated stories. In that group, 14 percent said they knew the story was fake at the time they shared it. Nearly a quarter of […]

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Just in:
After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // ADIA and partners establish $1.4 billion aviation venture // XRG secures agreement for $1.45bn Australian LNG stake // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // Pinarayi faults UDF over mounting road crashes // Democrats capture Senate majority with seven Republican seats // ADIA and partners establish $1.4 billion aviation venture // Vingroup And Legends Global Announce Strategic Partnership For VinFast – Trong Dong Stadium // DIP Holding targets Dh1.12 IPO price and $529m proceeds // CPI, CPM dispute portrayal of Vayalar uprising leaders // Burying Head In “India Made Poverty Reduction” Data Is Dangerous // Govt opposes Arlekar’s PSC action // xCube Access Welcomes Entrust Capital Limited  Expanding Access to Professional Portfolio Management // BJP’s Aggressive Response Exposes Anxiety Over Opposition Unity // ADIA and partners establish $1.4 billion aviation venture // Vance attributes Republican midterm defeats to Iran conflict // Arrow Electronics showcases technologies advancing intelligent robotics, mobility and digital infrastructure // AI trust gap reveals distinct retail priorities: Divergent paths to consumer growth in Hong Kong and the GBA // SC to examine students’ exam plea today // Anthropic to prohibit persistent abuse of Claude chatbot //