BEIJING China’s first aircraft carrier will carry out drills in the Western Pacific, in what the navy called part of routine exercises, but amid renewed tension over self-ruled Taiwan that Beijing claims as its own. The navy said in a statement late on Saturday the Liaoning, along with its accompanying fleet, would conduct “exercises far out at sea”, without giving details of the location or route, in […]
The haiku is a powerful poetic form derived from the original Japanese style, with its structured three lines of five, seven and five syllables. David Lanoue, haiku poet and author, defines it as: “A one-breath poem that discovers connection.” They’re beautiful but not something you expect to find many of in the FT. However, in a fit of experimentation earlier this year, we created an algorithm that […]
“The resolution that was passed by the U.N. yesterday is part of the swan song of the old world that is biased against Israel,” Mr. Netanyahu said at a Hanukkah candle-lighting ceremony honoring wounded soldiers and terrorism victims. “But, my friends, we are entering a new era and, as President-elect Trump said yesterday, that is going to happen a lot faster than people think.” Continue reading the […]
President-elect Donald Trump ‘triggered’ the social media world into a frenzy Friday night with a tweet that praised Russian president Vladimir Putin’s criticism of Democrats. As The Hill reports, Putin on Friday deflected accusations of Russian interference in the U.S. election, saying at a press conference: “Democrats are losing on every front and looking for people to blame everywhere. They need to learn to lose with dignity.” […]
Christian Arbeit, a press officer for the club, joked that the renown of Union Berlin’s Christmas party had overshadowed the fame of the team itself. Mr. Arbeit, who served as the M.C. on Friday night (and also played a few songs on the trumpet in an ensemble that featured his mother on the clarinet and his father on the trombone), said the aim was to retain the […]
A round up of some of 2016’s most significant corporate events and news stories. Smartphone sales © EPA A bright start to the year for Samsung Electronicswent up in smoke, after it took the unprecedented decision to axe its Galaxy Note 7 line, following a spate of safety issues that saw the smartphone banned from aircraft, writes Nic Fildes. The 2016 Galaxy Note iteration won substantial praise […]
The vote for Brexit will change the course of Britain’s history, Philip Hammond announced last month. The UK chancellor may be a strident advocate for a soft departure from the EU but he has also been keen to paint a positive picture of the country’s economy, saying the UK’s fundamental strengths will “ensure our future success”. Financial markets are sceptical. The economy may have confounded doom laden […]
By Rodrigo Campos | NEW YORK NEW YORK The year-end stocks rally on the heels of the election of Donald Trump as U.S. president was built on expectations of reduced regulations, big tax cuts and a large fiscal stimulus. Now signs are emerging from the Trump camp that harsher trade policies that could jeopardize the honeymoon are likely in the offing, and investors would be well advised […]
Getting $45 million in new work In the complaint, the whistleblowers said that when they originally lodged accusations of mismanagement — several years earlier — Bechtel project leaders launched a coordinated lobbying campaign to defend their work and also to collect new revenues for additional work on the waste treatment plant project. It then billed the department for the costs of this lobbying, the complaint said. In January 2010, […]
UNITED NATIONS: In a striking rupture with past practice, the United States allowed the UN Security Council on Friday to condemn Israeli settlements in the West Bank and east Jerusalem as a “flagrant violation” of international law. In doing so, the outgoing Obama administration brushed aside Donald Trump’s demands that the US exercise its veto and provided a climax to years of icy relations with Israel’s leadership.The […]
When that ultimately did not stop the Council from acting, Mr. Netanyahu’s team expressed blistering anger at Mr. Obama. An Israeli official, insisting on anonymity to maintain the veneer of diplomatic protocol, gave a statement to multiple reporters on Friday blasting Mr. Obama and his secretary of state, John Kerry, by name. Continue reading the main story “President Obama and Secretary Kerry are behind this shameful move […]
“The boundaries of uncertainty have increased [for fixed-income markets],” says Dan Ivascyn, chief investment officer at Pimco, the bond specialist that invests more than $1.5tn. “Rates certainly can go higher.” What is clear for bond investors is that they face a true test of their convictions in 2017 after an end to 2016 that challenged the consensus of low inflation and rates that, at one point, drove […]
This wasn’t all that crazy, until the very end when he dimmed the lights and executed a fatality move on her. The look on her face was priceless. Watch the full vid for full effect, so that you can appreciate the fatality move all the more. I’m all about spreading the holiday cheer. Enjoy this with your families by the fireside. Content originally generated at iBankCoin.com […]
A hundred years ago, an arms race between the dominant global superpower the (British Empire) and a rising power (Kaiser Wilhelm’s Germany) culminated in the mass slaughter of World War One. The deep mistrust between the United States and the People’s Republic of China has all the potential to spawn a traumatic chapter in international relations. Despite its “pivot” to Asia, the Obama White House was cautious […]
The chief executive of Lockheed Martin Corp told President-elect Donald Trump on Friday that she was committed to driving down the cost of the company’s F-35 fighter jet, a day after Trump took aim at the cost of the F-35 in a Twitter post. CEO Marillyn Hewson said she spoke with Trump on Friday afternoon and assured him that she had heard his message “loud and clear” […]
That longstanding principle has largely collapsed since the victory by Mr. Trump, who campaigned on a strategy of breaking all the rules and has continued to speak in unmodulated tones. Continue reading the main story “In some ways, Trump is neutering the Obama administration,” said Douglas G. Brinkley, a professor of history and a presidential historian at Rice University in Houston. “They’ve avoided personally attacking each other, […]
The renminbi’s seemingly endless grind lower against the US dollar has been one of the financial stories of 2016, triggering a wave of capital outflows from China that Goldman Sachs estimates may have totalled $1.1tn since August 2015. The once closely controlled Chinese currency has tumbled 6.5 per cent to an eight-year low of Rmb6.945 against the greenback this year, taking its slide since August 2015 to […]
Eileen Eagar was a single mom, working at a steel mill in Chicago. Feeding her two kids sometimes meant going out on a date, ordering the biggest steak on the menu and bringing the leftovers home. When we met her in the fall of 2016, she had married, moved to Arizona and started a career in real estate — the “best darn” realtor in Tucson, her husband […]
Submitted by Federico Pieraccini via Strategic-Culture.org, Understanding the objectives and logic that accompany the expansion of nations or empires is always of paramount importance in helping one draw lessons for the future In this series of four articles I intend to lay a very detailed but easily understandable foundation for describing the mechanisms that drive great powers. To succeed, one must analyze the geopolitical theories that over […]
By Warren Strobel and Arshad Mohammed | WASHINGTON WASHINGTON U.S. President-elect Donald Trump’s transition team has asked two Cabinet departments for the names of government officials working on programs to counter violent extremism, according to a document seen by Reuters and U.S. officials. The requests to the State Department and the Department of Homeland Security involve a set of programs that seek to prevent violence by extremists […]
Russian President Vladimir Putin has written to Donald Trump to express his hope that Moscow and Washington improve relations after the US president-elect is inaugurated on January 20. “I hope . . . we will be able — by acting in a constructive and pragmatic manner — to take real steps to restore the framework of bilateral co-operation in different areas as well as bring our level of collaboration on the […]
Each year at the Ira Sohn conference a group of the world’s best known hedge fund managers present their top ideas for what to buy in the stock market. The event is so closely followed by investors that it is not unknown for shares in companies that are picked to start rising before presenters have even left the stage. More recently, however, some of these celebrity investors […]
By Melissa Fares and Andrew Osborn | WEST PALM BEACH, Fla./MOSCOW WEST PALM BEACH, Fla./MOSCOW U.S. President-elect Donald Trump upped the stakes on Friday in a back-and-forth exchange with President Vladimir Putin over nuclear weapons that tested the Republican’s promises to improve relations with Russia. Offering a glimpse of how he might conduct diplomacy after taking office on Jan. 20, Trump reportedly welcomed a nuclear arms race […]
The UN Security Council has passed a resolution demanding that Israel stop building settlements in the occupied Palestinian Territories, after the US abstained in spite of ferocious criticism from Prime Minister Benjamin Netanyahu’s government. The resolution was passed with 14 votes from the 15-member security council, hours after a senior Israeli official accused US President Barack Obama of working “behind Israel’s back” to cook up the resolution, in […]
