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By Jeff Mason and Lesley Wroughton | HONOLULU/WASHINGTON HONOLULU/WASHINGTON President Barack Obama ordered the expulsion of 35 Russian suspected spies and imposed sanctions on two Russian intelligence agencies over their involvement in hacking U.S. political groups in the 2016 presidential election. The measures, taken during the last days of Obama’s presidency, mark a new post-Cold War low in U.S.-Russian ties which have deteriorated over Ukraine and Syria. […]

With the US Federal Reserve raising interest rates, and President Mario Draghi of the European Central Bank seemingly unable to escape his addiction to quantitative easing policy, many investors are questioning who wants to buy the euro. The answer is simple. The whole world is eager to buy the euro. The problem in 2017 is more likely to be finding anyone who wants to buy the US […]

The Syrian government and rebels have agreed a ceasefire brokered and guaranteed by Russia and Turkey, marking a potential breakthrough in efforts to end a near six-year conflict that has claimed more than 400,000 lives. Russian President Vladimir Putin said a truce would come into effect at midnight on Thursday, adding that Syria’s warring parties had signed documents detailing how it would be monitored and declaring their […]

“We have seen pro-Israeli presidents all along, and Israel First was the standard policy of the United States of America over the last 50-plus years,” Mr. Abdulla said. “But Trump is going much further than that. It seems he is even more Zionist than the Zionists.” Continue reading the main story Sympathy for the Palestinians has historically been among the few issues that united Arabs across political […]

Russia is set to round off a year of rejuvenated global standing with the distinction of watching its currency stand apart from other major economies and resist US dollar strength. The rouble has been the only major currency to appreciate against the dollar since the end of September and, so far this year, has outperformed rivals, up more than 21 per cent against the dollar to Rbs60.48. […]

By Yashaswini Swamynathan Wall Street looked set to open little changed on Thursday, a day after the S&P 500 index suffered its biggest fall in two months, putting a damper on a post-election rally. A report showed the number of Americans applying for jobless claims fell by 10,000 to 265,000 last week, indicating sustained strength in the labor market. U.S. equities had been enjoying a rally since […]

Photo The body of a 15-year-old girl at a makeshift morgue on Thursday in the rebel-held town of Douma, Syria, on the outskirts of Damascus, after reports of airstrikes. Credit Abd Doumany/Agence France-Presse — Getty Images MOSCOW — The Syrian government and its most important ally, Russia, announced on Thursday that they had reached a cease-fire agreement with Syrian rebels and with Turkey — a potential turning […]

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On the other were Mr. Netanyahu and Mr. Trump, firing back at what they deemed a hypocritical betrayal of America’s closest friend in the Middle East. Continue reading the main story If Mr. Obama and Mr. Kerry were playing for history, Mr. Netanyahu and Mr. Trump were playing for time. The departing administration intended for the speech to lay out a path to peace that they had […]

Sprint has revealed that it is going to hire about 5,000 personnel, and U.S. President-elect Donald Trump quickly claimed credit for purportedly negotiating the deal. Trump has lumped those figures with the 3,000 new hires planned by a startup called OneWeb, for a grand total of 8,000 new jobs, which Trump has promptly announced as very good news for the economy. Sprint is owned by Japanese firm […]

Israel is clearly now on a path toward absorbing the West Bank’s 2.8 million Palestinians. There are already 1.7 million Arabs living in Israel, so putting these two Arab populations together would constitute a significant minority with a higher birthrate than that of Israeli Jews — who number 6.3 million — posing a demographic and democratic challenge. Continue reading the main story I greatly sympathize with Israel’s […]

TAIPEI Taiwan President Tsai Ing-wen will pass through the United States when she visits Latin America next month, the foreign ministry said Thursday, a move bound to infuriate China which had urged the United States to block a transit stopover. China is deeply suspicious of Tsai, who it thinks wants to push for the formal independence of Taiwan, a self-governing island that Beijing regards as a renegade […]

If there is one thing that unites Middle Eastern leaders these days, it is concern over what Donald Trump might do in 2017. A true political outsider, Trump will arrive in the White House next month with no track record and no political markers that might give an indication. The list of policy problems is certainly long, yet his list of policy ideas, as mooted during his […]

LONDON European Union voters in France, Germany, Italy and Greece think their countries are heading in the wrong direction but there is not yet any Europe-wide inclination to follow Britain towards exiting the bloc, according to a poll published on Thursday. Britain’s shock June 23 Brexit vote, which was praised at the time by then U.S. presidential candidate Donald Trump as a “miracle”, has raised questions about […]

By Richard Cowan | PALM BEACH, Fla. PALM BEACH, Fla. U.S. President-elect Donald Trump on Wednesday said telecommunications group Sprint Corp (S.N) and a U.S. satellite company OneWeb will be bringing 8,000 jobs to the United States, celebrating the moves as a result of optimism associated with his election. It was unclear how the 8,000 jobs are related to a $50 billion investment announced in December by […]

US secretary of state John Kerry delivered a stinging rebuke of the Israeli government on Wednesday, accusing it of making the establishment of a viable Palestinian state nearly impossible through the expansion of settlements in the occupied West Bank and East Jerusalem. With Israeli prime minister Benjamin Netanyahu joining forces with president-elect Donald Trump to attack the Obama administration, Mr Kerry said that the US allowed a […]

By Lesley Wroughton and Yeganeh Torbati | WASHINGTON WASHINGTON U.S. Secretary of State John Kerry warned on Wednesday that Israel’s building of settlements in occupied territory was endangering Middle East peace, expressing unusually frank frustration with the longtime American ally. In a swiftly issued statement, Israeli Prime Minister Benjamin Netanyahu accused Kerry of showing bias. He said Israel did not need to be lectured to by foreign […]

Arguably the biggest newspaper business story of 2016 was Gannett’s failed (for now) bid to take over Tronc. What the broken deal says about the industry, however, is more than a little ambiguous. For starters, consider that 2016 was a particularly hard year financially, with advertising revenue losses that started bad and got even worse in the fall.  Both Gannett and Tronc are profitable on a cash […]

By Yashaswini Swamynathan Wall Street lost ground for the first time in three days on Wednesday due to declines across sectors, slowing the Dow’s race to 20,000. The blue-chip index came within 19 points of the milestone shortly after the open, before slipping into negative territory as losses in Boeing (BA.N) offset Goldman Sach’s (GS.N) 0.86 percent gain. Boeing fell 0.8 percent to $156.26 after Delta Air […]

WASHINGTON — In a harsh rebuke of Prime Minister Benjamin Netanyahu of Israel, Secretary of State John Kerry declared on Wednesday that the United States cannot “allow a viable two-state solution to be destroyed before our eyes.’’ Mr. Kerry, in one of his last speeches as secretary of state, said that Mr. Netanyahu was allowing the agenda of the settler movement to define the future of Israel. […]

WASHINGTON U.S. President-elect Donald Trump on Wednesday chided the Obama administration for its stance toward Israel, shortly before the U.S. secretary of state was set to deliver a speech regarding international opposition to Israeli settlement building. “We cannot continue to let Israel be treated with such total disdain and disrespect. They used to have a great friend in the U.S., but…….,” Trump, a Republican, wrote on Twitter. […]

Law Blog rounds up the morning’s legal news: Law firm hacking: Three Chinese traders earned more than $4 million in illegal profits after they hacked into the computer systems of prominent U.S. law firms and stole nonpublic information on mergers and acquisitions, according to an unsealed federal indictment. [WSJ, NYT] Student loan bankruptcy: Borrowers are beginning to win battles to erase some student loans in bankruptcy court, […]

Photo Construction this week in the settlement of Har Homa in Jerusalem. Credit Atef Safadi/European Pressphoto Agency JERUSALEM — Israeli leaders postponed plans on Wednesday to move ahead with new housing in East Jerusalem, just hours before Secretary of State John Kerry was scheduled to deliver a much-anticipated speech outlining an American vision for peace with the Palestinians. The Jerusalem city planning committee, reportedly acting at the […]

When the direct trading link between stock markets in Shenzhen and Hong Kong opened this month, local dignitaries were easy to spot at the launch events. Less conspicuous were international investors ready to take advantage of what was billed as a big opportunity to buy into Chinese equities. The link offers foreign investors greater access to shares on the Shenzhen Stock Exchange, home to some of China’s up […]

$6.2 million: Amount former World Wrestling Entertainment executive Linda McMahon, who Trump picked to serve in his Cabinet as the Small Business Administration administrator, donated to pro-Trump political groups ahead of the election 33: Number of states that will be led by a Republican governor in 2017 3-to-1: Factor by which Team Clinton outgunned Team Trump on the TV airwaves during the general election 11: Percentage of TV ads sponsored by […]

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