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Farah later said he was surprised that a “multibillionaire” would make so much time for a side project like this. But single-minded persistence is the essence of self-investigation. Trump, for instance, also continued to insist on the guilt of the Central Park Five — five teenagers, four black and one Latino, whose convictions in the 1989 rape and beating of a jogger were later overturned — long […]

MOSCOW Russia said on Tuesday that a U.S. decision to ease some restrictions on arming Syrian rebels had opened the way for deliveries of shoulder-fired anti-aircraft missiles, a move it said would directly threaten Russian forces in Syria. Moscow last year launched a campaign of air strikes in Syria to help President Bashar al-Assad and government forces in a conflict with rebels, some of whom are supported […]

TOKYO Tokyo Electric Power (Tepco) is gauging demand for its first bond offering since the 2011 Fukushima nuclear calamity, with some market participants expecting a sale as early as February, people familiar with the plans said. Once-sceptical investors are now more comfortable with the utility’s outlook after government moves to reassess decommissioning and compensation costs, bankers and investors who asked not to be identified told Thomson Reuters […]

Taiwan fears getting caught between the US and China as President-elect Donald Trump threatens a tougher approach toward Beijing and the Chinese government intensifies its sabre-rattling in the region. Politicians and analysts in Taiwan believe that Beijing is stepping up pressure on the self-governing and democratic island, which China claims is its territory, because of actions taken by Mr Trump. On Monday, the Chinese navy sailed its […]

A problem has emerged for France’s anti-immigrant, anti-Euro presidential frontrunner, Marine Le Pen, and it has little to do with being behind in the polls ahead of the 2017 presidential elections, far from it. It has, however, everything to do with something far simpler: money, as the National Front leader is suddenly struggling to raise the €20 million ($21 million) she needs to fund the French presidential […]

Iran’s rial hit a record low against the U.S. dollar on Monday in a sign of concern about the country’s ability to attract foreign money after U.S. president-elect Donald Trump takes office. The rial was quoted in the free market at 41,500 to the dollar, weakening from around 41,250 on Sunday and 35,570 in mid-September. Before this month, the record low was about 40,000, hit in late […]

The prime minister defended his retaliation. “Israel is a country with national pride, and we do not turn the other cheek,” he said. “This is a responsible, measured and vigorous response, the natural response of a healthy people that is making it clear to the nations of the world that what was done at the U.N. is unacceptable to us.” Continue reading the main story The Security […]

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TAIPEI A group of Chinese warships led by the country’s sole aircraft carrier is heading towards China’s southern island province of Hainan through the South China Sea, Taiwan’s Defence Ministry said on Tuesday, in what Beijing describes as a routine drill. The carrier group has already rounded Taiwan, passing first between the southern Japanese islands of Miyako and Okinawa and then skirting southern Taiwan via the Bashi […]

2016 was another fantastic year in mobile technology where we find people using their smartphones as their primary source of information and social interaction. I’ve been blessed to now write here on ZDNet for more than a decade and look forward to an exciting 2017. This year-end post includes my ten most viewed posts from 2016, some “best of” titles for this year, answers to last year’s […]

By Jeffrey Heller | JERUSALEM JERUSALEM Benjamin Netanyahu has been unrelenting in his criticism of the Obama administration over what he condemned as its “shameful” decision not to veto a U.N. Security Council resolution calling for a halt to Israeli settlement-building. But with the clock ticking down on Barack Obama’s presidency, a possibly more amenable Republican Donald Trump waiting in the wings and a $38 billion U.S. […]

JERUSALEM: In the days following the UN Security Council’s resolution affirming the illegality of Israeli settlements, it is business as usual as the Jerusalem municipality is expected to approve about 5,600 more homes.Israeli officials acknowledged that the move to expand the settlements in East Jerusalem was a direct response to the Security Council Resolution 2334 that was approved by 14 countries — Britain, Russia, China, France, Egypt […]

Submitted by Michael Jabara Carley via Strategic-Culture.org, Relations between Russian president Vladimir Putin and US president Barack Obama are poisoned and irretrievably damaged. It’s therefore a good thing that Obama is leaving office on 20 January. Bad US-Russian relations are of course nothing new. Since the Anglo-American war against Iraq in 2003, the US-Russian relationship has been headed downhill. For Obama, it appears that everything has gotten […]

TAIPEI A group of Chinese warships lead by the country’s sole aircraft carrier has passed through waters south of Taiwan and is heading southwest, Taiwan’s defence ministry said on Monday of what China has termed a routine exercise. The ministry said the aircraft carrier the Liaoning, accompanied by five other vessels, had passed 90 nautical miles south of Taiwan’s southernmost point on Monday morning via the Bashi […]

2016 was chock-full of surprises, both in markets and in politics. As Goldman’s Allison Nathan explains, the year began with a perfect storm of worries that had become all too familiar already in 2015. Oil prices plunged and fears of faltering growth and a sharp depreciation of China’s currency escalated, driving disruptive sell-offs in credit and other risk assets. Confidence in global growth faltered, particularly after an […]

But with few spies in the city, American officials say assessing the enemy is difficult. “We’ve spent a lot of time trying to understand the situation on the ground in Raqqa,” Lt. Gen. Jeffrey L. Harrigian, the air war commander, said in an interview from his headquarters in Qatar. “It’s improving. It’s still not at the level we’d like it to be.” Continue reading the main story […]

When US authorities started pursuing banks for their role in slicing, dicing and packaging the arcane products that sparked the financial crisis, they initially focused on domestic lenders. Now it is Europe’s banks that are in the crosshairs. Two days before Christmas, Deutsche Bank and Credit Suisse have agreed to settle with the US Department of Justice over the alleged mis-selling of mortgage-backed securities in the run-up […]

By Jeffrey Heller | JERUSALEM JERUSALEM Israel summoned the ambassadors of 10 nations to Jerusalem to reprimand them on Sunday and had more harsh words for the Obama administration over a U.N. Security Council resolution demanding an end to settlement-building. Prime Minister Benjamin Netanyahu put his personal imprint on the show of anger by repeating at the weekly cabinet meeting what an unidentified Israeli government official contended […]

Photo Israeli Prime Minister Benjamin Netanyahu attending the weekly cabinet meeting at his Jerusalem office on Sunday. Credit Pool photo by Dan Balilty JERUSALEM — Prime Minister Benjamin Netanyahu of Israel further escalated his criticism of the departing Obama administration on Sunday, publicly accusing it of having orchestrated the United Nations Security Council resolution that condemned Israel’s settlement construction. It was the second consecutive day of rising […]

DUBAI Iran said on Sunday it had negotiated to pay only about half the announced price for 80 new Boeing (BA.N) airliners in an order that the American planemaker had said was worth $16.6 billion. Boeing and its European rival Airbus (AIR.PA) have both signed huge contracts this month to supply airliners to Iran, the first such deals since international sanctions were lifted under a deal to […]

Israel on Sunday summoned ambassadors of countries that belong to the UN Security Council for a Christmas Day reprimand for their support of a resolution condemning Israel’s illegal settlements on Palestinian lands. The UK was among the countries which saw its diplomats called into Israel’s ministry of foreign affairs on Sunday. David Quarrey, Britain’s ambassador to Israel, told the Financial Times. While Mr Quarrey was in the […]

By Lucia Mutikani | WASHINGTON WASHINGTON New U.S. single-family home sales rose more than expected in November and consumer sentiment hovered near a 13-year high this month, strengthening the view that the economy will gain further momentum next year. President-elect Donald Trump’s plan to cut taxes and increase infrastructure spending is expected to boost economic growth, though it already has sparked a surge in mortgage rates that […]

She says she hasn’t decided what she’ll do next, but that it likely will involve working for a foundation or, perhaps, in the private sector. She’ll depart the FEC having largely seen her standing goal of revealing sources of secret money in politics stymied. Goodman, in an interview, wouldn’t commit to staying at the FEC through 2017. “I will make a decision early next year about my […]

JERUSALEM Israel will re-assess its ties with the United Nations following the adoption by the Security Council of a resolution demanding an end to Israeli settlement building, Prime Minister Benjamin Netanyahu said on Saturday. The vote was able to pass the 15-member council on Friday because the United States broke with a long-standing approach of diplomatically shielding Israel and did not wield its veto power as it […]

Donald Trump intends to close his charitable foundation to reduce the number of potential conflicts of interest he faces, as the New York property mogul prepares for his inauguration on January 20 as the 45th president of the US.  In a statement released on Christmas Eve, Mr Trump said he had instructed his lawyers to dissolve the charity without providing details on timing. The president-elect has faced considerable […]

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