Via Daniel Mitchell of The Foundation for Economic Education, I focus most of my ire on the federal government because bad policy from Washington is the biggest threat to our nation’s freedom and prosperity. But we also get plenty of bad policy from other levels of government. I periodically focus on the foibles of states such as California, Illinois, and New York. Today, though, let’s contemplate the […]
· Tasdeer showcased 20 Qatari food and beverage sector companies at Dubai World Trade Center from 26 February – 2 March 2017 · Food and beverage industry valued at more than USD $5 trillion globally, according to estimates · Expo attracted key businessmen, decision-makers and investors from agri-food industry from across the world 05 March 2017· Tasdeer showcased 20 Qatari food and beverage sector companies […]
CATANIA, Italy Almost 1,300 migrants arrived in Sicily on rescue ships over the weekend after crossing the Mediterranean, while a 16-year-old boy died on one of the ships, Italy’s Coast Guard said. Italy has seen migrants arriving by boat at a record-setting pace so far this year, with far more people braving the crossing from North Africa this year than in the previous three years, Italian figures […]
By Balazs Koranyi | FRANKFURT FRANKFURT Two of the world’s biggest central banks are likely to find themselves with a bigger policy gap by the end of the coming fortnight The European Central Bank on Thursday will resist calls to start tightening policy against surging inflation but robust U.S. jobs data on Friday could seal the case for another Federal Reserve hike the week after. So, let’s […]
BANGKOK The former Buddhist abbot at the heart of a standoff with authorities at Thailand’s biggest temple has been stripped of his monastic rank by the king, the military government said on Sunday. The symbolic step comes more than two weeks after police surrounded the scandal-hit Dhammakaya temple and began searching for Phra Dhammachayo, who is accused of money laundering. The standoff at the temple represents one […]
A Friday session as part of the Emirates Airline Festival of Literature presented an undeniably emotional moment – the author and subject on a public stage together for the first time. The latter was Nujeen Mustafa, the Syrian teenager who travelled more than 5,000 kilometres in a wheelchair to escape the civil war ripping apart her homeland. The writer was veteran journalist Christina Lamb, who documented Mustafa’s […]
François Fillon put his future as French presidential candidate for the centre right in the hands of party leaders after mobilising tens of thousands of supporters at a rally in Paris. Mr Fillon said he was the victim of a “manhunt” but notably omitted to tell the crowd — mobilised as show of strength among grassroots Republicans — that he would fight on as Republican candidate despite […]
I have a confession to make: It’s been four months since Microsoft publicly unveiled the name of the next big Windows 10 feature update, and I still have no idea why it’s called the Creators Update. From Microsoft’s perspective, of course, the aspirational tagline makes perfect marketing sense and is much easier to sell than a version number or a release date. It also gives marketers the […]
Maritime security will head the agenda as Australia and other Indian Ocean nations meet in Jakarta, with Indonesia pushing governance in a bid to prevent another South China Sea. Prime Minister Malcolm Turnbull will meet with President Joko Widodo for the second time in less than two weeks when he attends the 20th anniversary of the Indian Ocean Rim Association (IORA) summit in Jakarta this week. With […]
As part of the previously previewed “Two Sessions” which started on Sunday, Chinese Premier Li Keqiang on Sunday delivered the annual report on the work of the government in Beijing, summarizing the country’s achievements in the past year, and setting goals for this year. In his policy speech, lasting 97 minutes and 18,600 Chinese characters, Li signaled a course adjustment for the world’s second-largest economy and some […]
BAGHDAD: Iraqi troops encountered the “heaviest” clashes yet with Daesh group fighters Sunday in western Mosul since the start of the new push more than two weeks ago, according to a senior commander.Maj. Gen. Haider Al-Maturi of the Federal Police Commandos Division told The Associated Press that Daesh militants dispatched at least six suicide car bombs, which were all destroyed before reaching the troops. The militants, he […]
Apple has had a pretty good quarter so far, and they have plenty of reasons to be happy apart from their whopping $78.4 billion revenue. A large part of the massive revenue is thanks to strong demand for the iPhone 7 and its new features. What’s more, Apple saw not just upgraders from the older iPhones but also the highest number of switchers from Android to Apple […]
China’s banking system has surpassed the eurozone’s to become the world’s largest by assets, a sign both of the country’s increased influence in world finance and its reliance on debt to drive growth since the global financial crisis. While China’s gross domestic product surpassed the EU’s economic bloc in 2011 at market exchange rates, its banking system did not take over the top spot until the end […]
PARIS Embattled French presidential candidate Francois Fillon has pulled out of a Monday morning radio appearance that was to discuss his campaign, the show’s host said on Sunday. “Francois Fillon has officially cancelled his appearance on Europe 1’s morning programme,” presenter Thomas Sotto said on Twitter. Once the frontrunner, Fillon is under growing pressure to withdraw as the candidate for the right-wing Republicans party. He is mired […]
Entrepreneur Elon Musk has an estimated current net worth of $13.4 billion from interests in transport, payments and space technology Sending tourists for a trip around the moon is the latest big idea launched by Elon Musk, a Silicon Valley star known for turning his passions into visionary enterprises. Musk has become one of the United States’ best-known innovators. He was a founder of payments company PayPal, […]
By Jessica Resnick-Ault and Lewis Krauskopf | NEW YORK NEW YORK The energy sector is the stock market’s dud so far in 2017 after a banner performance in 2016, and the rest of the year may also be rocky for investors due to the unclear path for crude oil prices. Energy outdid all other sectors last year, up nearly 24 percent thanks to a late-year rally on […]
It has been a little over a year since Ryan Reynolds graced the movie screens as the “Merc with a Mouth” antihero Deadpool and portrayed him correctly the way comic book fans know him. That means it has also been a year since the Reynolds’ solo project was validated after it became the highest grossing X-Men film in the global box office. Now, just in time for the release of his […]
Construction work of Dubai Expo 2020’s three main themed districts will start by the end of March following the award of a $600 million contract to Al Futtaim Carillion. The main contractor for the site of the mega event said it is now mobilising and will be “starting work before the end of March”. The contract announced on Thursday is the first of AED11 billion worth of […]
The 20th century was a bull market for literacy, freedom, prosperity, health, and technology. As a result of these gains, wealth has increased exponentially, and world poverty is now at all-time lows. Life expectancy continues to improve in most countries, global literacy is near 90%, and there are well over 100 democracies throughout the planet. But, as VisualCapitalist’s Jeff Desjardins notes, not every positive trend can keep […]
KUALA LUMPUR Malaysia has arrested six foreigners and one Malaysian for suspected links to militant groups including Islamic State, the police chief said on Sunday. The Southeast Asian nation has been on high alert since suicide bombers and gunmen linked to Islamic State launched multiple attacks in Jakarta, the capital of neighbouring Indonesia, in January 2016. A grenade attack on a bar on the outskirts of the […]
By Ernest Scheyder | HOUSTON HOUSTON The biggest names in the oil world come together this week for the largest industry gathering since the end of a two-year price war that pitted Middle East exporters against the firms that drove the shale energy revolution in the United States. When OPEC in November joined with several non-OPEC producers to agree to a historic cut in output, the group […]
There is good news that the sickle cell anemia, which is a slow killer that induces immense pain, is curable with gene therapy. This was disclosed by doctors at the Necker Children’s Hospital in Paris, where a boy afflicted with sickle cell disease attained complete cure after genetic engineering therapy treatment on a trial basis. Globally, 275,000 infants are born carrying sickle cell disease and in the […]
Sun, 05 Mar 2017 8:31 AM Powerful aftershock hits Philippine city. Credit: Supplied One person was killed and several others injured on Sunday when a powerful aftershock hit a southern Philippine city still recovering from a quake last month, authorities said. The 5.9-magnitude quake struck the southern city of Surigao and surrounding areas, causing some walls to collapse, government seismologists and civil defence officers said. One woman […]
China has lowered its annual economic growth target to “around” 6.5 per cent, as Beijing plans to focus on risk control in the final year of President Xi Jinping’s first term. The figure, down from the government’s target growth range of 6.5 to 7 per cent for 2016, was revealed on Sunday morning by Premier Li Keqiang in his annual “work report” to China’s parliament, the National […]
