Ten years ago Vladimir Putin angrily declared that the post-cold war order was a sham. Standing before the western military and diplomatic establishment at the Munich Security Conference, the Russian president accused the US of plunging the world into chaos by warmongering, meddling in other countries’ affairs and disregarding international law. For many, it marked the moment that Mr Putin became an adversary. Now, as foreign policy […]
Photo The site of a car bomb explosion that killed dozens in Baghdad on Thursday. Credit Ahmad Mousa/Agence France-Presse — Getty Images ERBIL, Iraq — A car bomb exploded in a crowded Shiite Muslim neighborhood in Baghdad late Thursday afternoon, the latest terror attack in the capital claimed by the Islamic State, security officials reported. At least 51 people were killed and at least 58 more wounded […]
The number of American companies tapping Europe’s bond markets has fallen this year with rising relative borrowing costs on the continent weakening the case for cross-border debt. An extended rally in European credit has enticed US companies to borrow over €100bn of so-called “reverse Yankee” bonds over the past two years with corporate bond purchases from the European Central Bank driving down yields. But appetite is fading […]
Containers are great, having to re-invent persistence to use them, not so much. But that is changing. You’re not the only one concerned about container persistence: 82 percent of respondents in a recent survey said they’d deploy containers within two years if storage challenges could be resolved. That is a legitimate concern, as containers can offer great versatility and efficiency compared to virtualization, but being forced to […]
BOSTON New versions of Monopoly will no longer give players the option of using a tiny silver-colored thimble as their pawn on the board, after fans voted to drop the piece that had featured in the game since its introduction in 1935. The thimble — a tool used in sewing to prevent pricking one’s thumb with a needle — was the second of the games’ original pieces […]
By Maria Tsvetkova and Humeyra Pamuk | ISTANBUL ISTANBUL Turkey has increased scrutiny of Russian-speaking Muslim communities in the past few months following a series of attacks blamed on Islamic State, a concrete example of the renewed relationship between the two countries. Turkish police have raided the homes of Russian-speaking immigrants in Istanbul, detained many and expelled others, according to interviews with Russian Muslims living in the […]
SMEs are going to dominate the renewables space, especially in emerging markets, such as the GCC, with the private sector playing a key role in driving adoption. UAE SMEs driving adoption and growth of the renewables sector The UAE’s cleantech industry is today buzzing with several start-ups and medium sized firms investing huge amounts of time and resources to identify better, more efficient and sustainable ways to […]
Judging by his ongoing Tweetstorm this morning, in which he first praised the market’s performance (it remains to be seen what if anything he will say once stocks tumble under his watch), then dedicated the next four tweets to leakers, fabricated sources, “fake news” and Russia, president Trump does not appears to be in a good mood. In his two most recent tweets sent between 9 and […]
By Phil Stewart and Robin Emmott | BRUSSELS BRUSSELS U.S. President Donald Trump’s defense secretary on Thursday said he did not see the conditions for military collaboration with Russia, in a blow to Moscow’s hopes for repairing ties with the United States following Trump’s election. “We are not in a position right now to collaborate on a military level. But our political leaders will engage and try […]
WASHINGTON – U.S. homebuilding fell in January as the construction of multi-family housing projects dropped, but upward revisions to the prior month’s data and a jump in permits to a one-year high suggested the housing recovery remained on track. Housing starts declined 2.6 percent to a seasonally adjusted annual rate of 1.25 million units, the Commerce Department said on Thursday. December’s starts were revised up to a […]
The likes of France and the Netherlands have long been staple destinations for cycling enthusiasts, but the growth of riding a bike for sport has seen cycling-holidays spring up all over the world. And there are some new destinations that are going to special lengths to burst onto the scene Yorkshire, England Yorkshire has thrown itself into road cycling with almost unnerving gusto. Since hosting the opening […]
Now money from the tag auction goes to the general big-game budget of about $10 million, according to Regina Abella, California’s desert bighorn sheep coordinator. That makes it harder to discern exactly how and where the $223,250 will be spent. But no other game tags come close to creating the kind of revenues that the sheep tag does, Abella said. The elk tag might attract $30,000. Continue […]
It is not just equities that are rebounding this month. The dollar is up almost 2 per cent against a basket of its peers as it resumes an upward path that most in the foreign exchange market believe is the natural consequence of the economic policies Donald Trump has vowed to deliver. Given the US president has suggested he prefers a weaker dollar, its fresh strength has […]
In 2017 and beyond, consumers will finally start to benefit from some of the innovations that have been evolving over the past year, from 3D prosthetics to customised insurance packages. Many of these trends will be cemented in our routine lives over the next couple of years. Innovative insurance A new era has dawned on the UAE’s insurance industry since the rollout of the Dubai Health Authority’s […]
Mr. Trump’s position on a two-state solution discarded a policy that has underpinned America’s role in Middle East peacemaking since the Clinton administration and raised a host of thorny questions. Continue reading the main story The Palestinians are highly unlikely to accept anything short of a sovereign state, and a single Israeli state encompassing the Palestinians would either leave them as second-class citizens or would no longer […]
Record sales of non-performing loans are expected in Europe this year with a more urgent approach from policymakers driving increased activity, according to Deloitte. As much as €200bn of debt could be sold during 2017, almost double last year’s total of just over €100bn of sales, said the professional services group, which advises banks and investors on NPL transactions. Europe’s banking sector is weighed down by more […]
By Lisa Baertlein and Paul Ingram | NOGALES, Arizona NOGALES, Arizona For up to 16 hours a day, tomatoes, peppers, cucumbers and mangoes grown in Mexico flow north through a border checkpoint into Nogales, Arizona, helping to ensure a year-round supply of fresh produce across the United States. This is a city built on cross-border trade. Each year, some 330,000 trucks and 75,000 train cars carrying $17 […]
SYDNEY Australia’s Catholic Church has paid A$276 million ($213 million) in compensation to thousands of child abuse victims since 1980, a government inquiry heard on Thursday — the first time the total compensation paid by the church’s schools, orphanages and residences has been revealed. A report at a royal commission into institutional abuse said 3,066 victims had received some form of compensation from a Catholic body in […]
By Joyce Lee and Hyunjoo Jin | SEOUL SEOUL A South Korean judge questioned Samsung Group leader Jay Y. Lee and another executive behind closed doors on Thursday to decide whether they should be arrested over their roles in a corruption scandal that has engulfed President Park Geun-hye. Dozens of protesters surrounded by riot police met Lee, 48, who was wearing a dark coat and navy tie […]
Mixing Gnawa grooves, desert blues, Cambodian psych-rock, Ukrainian folk-punk and Brooklyn bhangra-jazz, New York University Abu Dhabi’s free two-day Barzakh Festival is the widest celebration of global sounds in the UAE since Womad Abu Dhabi shut shop in 2010. Each act will play for about an hour. Here is the lowdown on what to expect. Thursday (from 7.30pm) Noura Mint Seymali Noura Mint Seymali, the Republic of […]
February 16, 2017 by: Bryan Harris in Seoul and Jeevan Vasagar in Kuala Lumpur Police in Malaysia have arrested a second woman as they hunt for suspects over the murder of the brother of North Korean supreme leader Kim Jong Un. A 25-year-old woman holding an Indonesian passport was apprehended early on Thursday morning on the basis of identification from CCTV footage, the police said in a […]
Thursday 05.10 GMT Overview The dollar was on the back foot in afternoon Asia trading on Thursday as US Treasuries steadied and oil prices found their footing after dipping on news of growing US stockpiles. Hot topic The dollar index tracking the greenback against a basket of peers was off as much as 0.3 per cent, as a rally spurred by US Federal Reserve chair Janet Yellen’s […]
YANGON Myanmar’s military has ended a clearance operation in the country’s troubled Rakhine State, government officials said, ending a four-month sweep that the United Nations said may amount to crimes against humanity and possibly ethnic cleansing. The security operation had been under way since nine policemen were killed in attacks on security posts near the Bangladesh border on October 9. Almost 69,000 Rohingyas have since fled from […]
Story highlights Arrests were related to Brazilian bribery scandal Ramón Fonseca and Jürgen Mossack both say they are innocent Ramón Fonseca and Jürgen Mossack both face charges of money laundering after authorities raided the firm’s Panama City headquarters last Thursday. The investigation of the firm and subsequent raid were related to “Operation Car Wash,” an investigation into a sprawling Brazilian bribery scandal. In a statement, the Attorney […]
