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Few institutions embodied the eurozone crisis more clearly than Bankia, the Spanish lender which was bailed out in 2012. Yet you would have been hard pressed to see any signs of that as the lender tapped debt markets this month. The bond sale by Bankia, still majority owned by the Spanish government, attracted almost €5bn in orders for the €500m of debt it sold. Its “tier 2” […]

Credit: iStock/xavierarnau Michael Siminovitch, director of the California Lighting Technology Center at UC Davis, wasn’t looking for enlightenment when he wandered into a Buddhist temple in Thailand a few years ago. He was touring Thailand as a distinguished visiting professor at King Mongkut’s University of Technology Thonburi’s school of architecture. He’d never been to a temple in his life. The temple was a highly crafted, architectural marvel, […]

LONDON British Prime Minister Theresa May should scrap fixed-term parliaments and call an early general election to ensure she has the time and political security to cope with the travails of Brexit, William Hague, a former Conservative Party leader, said. Hague, writing in the Daily Telegraph, said that “trouble is coming” over the next two years as the government tries to implement Brexit and that PM May […]

07 March 2017 Geneva – The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 6.9% in January 2017 compared to the year-earlier period. While this was down from the 10% annual growth recorded in December 2016 it still was well above the average annual growth rate of 3% over the past five years. Growth […]

Photo Graffiti in Sana, Yemen, protested American drone operations in the country last year. The United States has carried out over 40 airstrikes in the country in the past week. Credit Yahya Arhab/European Pressphoto Agency WASHINGTON — For a fifth consecutive night, American warplanes and drones on Monday pummeled suspected Qaeda targets in Yemen as the Pentagon said an earlier attack in the country had killed a […]

By Jon Herskovitz | AUSTIN, Texas AUSTIN, Texas African-Americans are far more likely to be wrongfully convicted of crimes such as murder, sexual assault and illegal drug activity than whites due to factors including racial bias and official misconduct, a study released on Tuesday said. Of the 1,900 defendants convicted of crimes and later exonerated, 47 percent were African-Americans – three times their representation in the population […]

Sheikh Mohammed bin Zayed hosts a barza at Qasr Al Hosn. Hamad Al Kaabi / Crown Prince Court – Abu Dhabi An artist’s impression of Qasr Al Hosn and its surrounding area. Courtesy Abu Dhabi Tourism and Culture Authority Sheikh Mohammed bin Zayed with Sheikh Suroor bin Mohamed Al Nahyan at Qasr Al Hosn. Ryan Carter / Crown Prince Court – Abu Dhabi Women and girls weave […]

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Yet in the other six countries still on Mr. Trump’s list, his decision to push ahead with the ban only stoked their sense of grievance and discrimination. Regional experts repeated earlier warnings that Mr. Trump’s order handed an easy propaganda victory to enemies and might ultimately weaken American security. Continue reading the main story “The idea that this is a Muslim ban has been reinforced even further,” […]

Europe launched the fifth of its Sentinel Earth observation satellites on Monday as part of its multi-billion-euro Copernicus programme to provide speedy images of land, oceans and waterways. The Sentinel-2B satellite, part of a system of satellites that is to monitor Earth, blasted off on board a Vega rocket from Europe’s spaceport in French Guiana at 8:49 p.m. EST (0149 GMT on Tuesday). It will join its […]

Bahrain’s justice ministry filed a lawsuit on Monday seeking to dissolve a main opposition group on the grounds that it undermined security, state news agency BNA reported. The secular National Democratic Action Society, or Waad, had perpetrated “serious violations targeting the principle of respecting the rule of law, supporting terrorism and sanctioning violence by glorifying people convicted for terrorism cases,” the ministry said. Authorities have piled pressure […]

/By Arabian Post Staff/ The 10 Organization of the Petroleum Exporting Countries (OPEC) members moved closer to full compliance with the landmark production cut agreement signed late last year, as output in the month fell from January levels to average 32.03 million barrels per day, according to an S&P Global Platts survey released today. In all, taking an average of January and February production, the 10 members […]

We aren’t the world. The most talked-about brands of Mobile World Congress are almost entirely irrelevant to Americans. Some of that doesn’t matter, but the reasons for it are worth talking about. During the world’s biggest mobile conference, everybody was super excited about the Nokia 3310. I found the whole hullaballoo perplexing. But circa 2000, everybody in the UK owned this phone, and they have […]

I recently attended the DNS Privacy Workshop colocated with this year’s NDSS 2017 in San Diego, California. DNS privacy has received considerable attention from researchers and engineers since the Snowden revelations of state-backed pervasive surveillance in 2013 and the workshop covered a lot of ground. For some Internet users, anonymity is critically important and a service like ToR exists to obfuscate the location and browsing habits of […]

ABU DHABI // Qasr Al Hosn is expected to open next year after a renovation project is finished at the historic site. The fort is regarded as Abu Dhabi’s symbolic birthplace and plans for conservation work have been under way for years. The announcement was made at a majlis held at the fort on Monday by Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy […]

By Joseph Ax and Nate Raymond | NEW YORK NEW YORK An accused al Qaeda operative charged with engaging in attacks on U.S. forces that killed at least two American servicemen in Afghanistan is set to face trial on Monday in federal court in Brooklyn, New York. Ibrahim Suleiman Adnan Adam Harun, also known by the nom de guerre Spin Ghul, or White Rose in the Pashto […]

JUBA A disaffected South Sudanese army general who quit his position last month announced on Monday that he had formed a new anti-government rebel group, underscoring mounting resistance to the rule of incumbent president Salva Kiir Lieutenant General Thomas Cirillo Swaka, formerly deputy head of logistics, resigned after he accused Kiir of turning the country’s military into a “tribal army.” The military, police and other security branches, […]

After losing her six-week-old son, a grieving mother from Utah decided to donate her breast milk to families who are in need. The toddler had been diagnosed with a rare immune disorder, called DiGeorge Syndrome. Nicura Thompson, who gave birth full-term Oct. 21, 2016, to her fourth child, had known since her fifth month of pregnancy that her child was suffering from seven different heart conditions. The child […]

Mr. Trump signed the first ban with great fanfare, in front of reporters, at the Pentagon. “We don’t want them here,” Mr. Trump said of Islamist terrorists. “We want to ensure that we are not admitting into our country the very threats our soldiers are fighting overseas. We only want to admit those into our country who will support our country, and love deeply our people.” Video […]

Drastic cuts in oil industry investment risk creating a shortfall in supply that by 2020 will expose the market to a surge in prices, the International Energy Agency has warned. Despite a chorus of analysts predicting a decline in oil consumption in the coming years, as governments push for energy efficiencies, cleaner fuel usage and electric cars, the IEA cautioned in its five-year outlook: “We see no […]

It is a year and a half since the leak of the 11.5m documents related to international financial structures that came to be known as the “Panama Papers”. On 2 and 3 March a European Parliament committee of inquiry was in Luxembourg to check on the country’s response, as part of broader ongoing investigation. The leak of documents belonging to Panamanian law firm and corporate service provider […]

· Initiative co-founded by Facebook, Intel, Nokia, SK Telecom, Deutsche Telekom and others · Collaboration across the industry in driving and innovating the development of high-quality, scalable and more affordable telecom infrastructure to bridge the digital divide 06 March 2017 Barcelona, Kuwait City – During last week’s Mobile World Congress in Barcelona, Zain Group, the leading mobile telecom innovator in eight markets across the Middle East […]

The U.S. Supreme Court on Monday refused to hear an appeal by a Jamaican pimp who styled himself as Dracula, even wearing gold-plated fangs, concerning his objection to being ordered to pay restitution to a woman he forced into prostitution in her native Australia. The case involving Damion Baston centered on whether American courts can compel a non-U.S. citizen convicted of sex trafficking to pay restitution to […]

Bloomberg is fighting to keep the bond house Pimco as a customer on its platform to buy and sell Treasuries, as the advance of automated trading reshapes the $14tn US government debt market. Pimco, one of the most influential debt investors with almost $1.5tn of assets under management, is working on a tie-up with rival trading venue Tradeweb, according to people with knowledge of the discussions, escalating […]

But worry spans left and right, even if they disagree on exactly how much to blame Mr. Trump, who is seen here as growing more confusing by the day. What to make of a president who, on the same day, denounced the anti-Semitic attacks but also suggested — in remarks widely covered here — that they might have been carried out by his own enemies? Continue reading […]

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