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President-elect Donald Trump accepts the U.S. intelligence community’s conclusion that Russia engaged in cyberattacks aimed at disrupting the U.S. elections, his incoming chief of staff Reince Priebus said on Sunday, adding that “actions may be taken” in response. Speaking on Fox News Sunday, Priebus said Trump “accepts the fact that in this particular case it was entities in Russia” that were behind the intrusions into the Democratic […]

Last year was truly unforgettable. It is the year we celebrated Mara’s 20th anniversary and launched three new businesses: an infrastructure investment vehicle for Africa; an online jobs portal, Mara Jobs; and a last-mile delivery business, Mara Xpress. It is also the year we launched the inaugural Ashish J Thakkar Global Entrepreneurship Index 2016 to better understand entrepreneurial environments around the world. But perhaps what will stick […]

NEW YORK China’s Anbang Insurance Group is in talks to invest in a project to redevelop a flagship New York City building owned by Kushner Companies, the family real estate business run by U.S. President-elect Donald Trump’s son-in-law Jared Kushner, according to a person familiar with the discussions. The talks to revitalize the 41-floor building located at 666 Fifth Avenue, were first reported by the New York […]

Israel’s ambassador to the UK has apologised after a senior member of his embassy staff was recorded saying he wanted to “take down” the Foreign Office minister Sir Alan Duncan. Shai Masot, the Israeli embassy’s senior political officer, said he was disappointed that Sir Alan, an outspoken critic of settlement building in the occupied West Bank, had not been “neutralised”. The official claimed, according to a recording […]

Our round-up of the week’s best comment and analysis from the Financial Times focuses on debunking misleading parallels between Reaganomics and Trumponomics and what changes the new US president’s policies will force in investor behaviour. The selection is taken from our Markets Insight and Smart Money columns, written by industry contributors and FT commentators. The world is too different from the 1980s for Donald Trump to achieve […]

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. Even when it comes to brutality, little is left to the media imagination these days. The latest example of the decline in consensus about the acceptable involves the Facebook video of a mentally disabled Chicago man who was attacked and […]

Hyperloop One global field operations senior vice president Nick Earle (L) and co-founders Rob Lloyd (C) and Josh Giegel at the Consumer Electronics Show in Las Vegas US startup Hyperloop One disclosed a list of locations around the world vying to put near-supersonic rail transit system to the test. The startup company keen to revolutionize the way people and cargo travel said that 35 contenders remained from […]

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PHILADELPHIA — A movement to pressure and isolate Israel was dealt a major setback on Saturday when the Modern Language Association, the United States’ largest scholarly group, took a step toward rejecting an academic boycott of Israeli institutions. After two hours of contentious debate and procedural jockeying at its annual meeting here, the group’s delegate assembly voted 113 to 79 against a resolution endorsing a boycott, which […]

Russia has demanded Apple and Google to take down the app of LinkedIn, the professional social networking website that was blocked in the country last year, from local app stores. The move mirrors China’s request for Apple to remove apps by The New York Times from the country’s App Store. LinkedIn Taken Down From App Stores In Russia Smartphones users in Russia, whether they are using iOS or Android […]

Jared Kushner, son-in-law and advisor to President-elect Donald Trump, has held talks recently with one of China’s most politically-connected tycoons about a potential real-estate deal, raising fresh questions about conflicts of interest in the New York billionaire’s incoming administration.  The 36-year old real estate developer, who is married to Ivanka Trump, met with Wu Xiahoui, chairman of Anbang, a privately owned Chinese conglomerate, as recently as November […]

Oil started the first week of 2017 with a bang but ended it with a whimper, as the Opec fireworks that dominated the last quarter gave way to the more mundane reality of monitoring if the cartel will make good on its pledged cuts. Brent crude oil briefly touched an 18-month high above $58 a barrel on the first day of trading but there was little fresh […]

Russian President Vladimir Putin personally approved cyber attacks aimed at interfering with last year’s presidential election motivated by “a clear preference” for Donald Trump, according to a newly declassified report by the US intelligence community. “Russian President Vladimir Putin ordered an influence campaign in 2016 aimed at the US presidential election,” the report concluded. “Russia’s goals were to undermine public faith in the US democratic process, denigrate […]

The amount of money making bets that US Treasuries will fall in value climbed to a new record high over the last week in a wager that faster US economic growth and higher inflation will weigh further on government bond prices. So-called “non-commercial” speculative positions selling the 10-year Treasury futures contract have been rising since the US presidential election and hit 816,156 contracts in the week to […]

Submitted by Brandon Smith via Alt-Market.com, Yes, the narrative of the “new normal” has been around for so long now that many people have simply grown used to it. The assumption is that the fiscal “new normal” has become the fiscal “normal,” and though the fundamentals continue to strain under the weight of poor global demand and historic debt levitated by extraneous fiat stimulus, the masses feel […]

By Christine Murray | SAN LUIS POTOSI, Mexico SAN LUIS POTOSI, Mexico Ford Motor Co’s (F.N) abrupt move to scrap a planned $1.6 billion car plant in central Mexico has spooked a network of suppliers who bet on a growing customer base and dramatized the risk that Donald Trump’s agenda poses to the country’s broader economy. Many auto parts makers had started to expand in anticipation of […]

U.S. President-elect Donald Trump will take aggressive action against cyber hacking in the early days of his government, Vice President-elect Mike Pence told reporters in New York on Friday. In a brief statement he delivered outside Trump Tower, Pence commented on a report by U.S. intelligence agencies that concluded Russian President Vladimir Putin ordered the Russian government to use hacking to try to help Trump win the […]

To understand the Xperia XZ, you need to understand the genesis of its name, and therefore the weird rollercoaster ride that has been Sony’s Xperia line of phones in recent years. In February 2016, the Japanese electronics behemoth announced that its flagship Z-line of Xperia phones had ended, and in its place would be the more mainstream X-line of devices. Essentially, this meant that Sony was going […]

By Jeff Mason | WASHINGTON WASHINGTON First lady Michelle Obama made an impassioned case for embracing diversity and welcoming all religious groups on Friday in a not-so-veiled message to her husband’s successor two weeks ahead of Inauguration Day. In what was billed as her last formal speech before President Barack Obama leaves office, the first lady said at an event honouring high school counsellors that the United […]

Five people have been killed after a gunman opened fire in the crowded baggage claim area of Fort Lauderdale airport in Florida on Friday. The county sheriff’s office said that five people were dead and eight had been injured in the incident at the baggage carousel, which began shortly before 1pm. “We still have people fighting for their lives in the hospital,” said Rick Scott, Florida’s governor. […]

By Ann Saphir and Jason Lange | CHICAGO CHICAGO Chicago Federal Reserve President Charles Evans said on Friday the central bank could raise interest rates three times this year, faster than he had expected just a few months ago and in line with the majority of his colleagues. The comments from Evans, a voting member of the Fed’s policy committee this year, reinforced the view that the […]

By Roberta Rampton | WASHINGTON WASHINGTON President Barack Obama said on Friday that criticism from the left wing of his own Democratic Party helped feed into the unpopularity of Obamacare, his signature healthcare reform law. Obama has been spending part of his last two weeks in office urging supporters to speak out against plans by Republicans – who will soon control both the White House and Congress […]

WASHINGTON Russian President Vladimir Putin ordered “an influence campaign” in 2016 aimed at the U.S. presidential election with the goal of undermining the democratic process and denigrating Democratic rival Hillary Clinton, a new, declassified intelligence report said on Friday. “We further assess Putin and the Russian Government developed a clear preference for President-elect Trump,” the report said. “We also assess Putin and the Russian Government aspired to […]

Submitted by Lance Roberts via RealInvestmentAdvice.com, A few week’s ago I discussed the post-election surge in the market based on rather optimistic outlooks as opposed to the technical underpinnings that currently exists. As I specially stated in the weekend newsletter entitle “Dow 20,000” the market was beginning to take on an eerily similar feeling: “If this market rally seems eerily familiar, it’s because it is. If fact, the backdrop […]

WASHINGTON President-elect Donald Trump said he had a “constructive” meeting with members of U.S. intelligence agencies on Friday and plans to appoint a team to give him a plan to combat cyber attacks within 90 days of taking office on Jan. 20. “While Russia, China, other countries, outside groups and people are consistently trying to break through the cyber infrastructure of our governmental institutions, businesses and organizations […]

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