Video Iran’s President on Trump and Nuclear Deal President Hassan Rouhani of Iran said on Tuesday that he would not let the United States back out of the Joint Comprehensive Plan of Action nuclear deal, warning of unspecified repercussions if Washington reneges. By IRINN, VIA REUTERS. Photo by Iranian Presidency, via Agence France-Presse — Getty Images. Watch in Times Video » TEHRAN — Iran’s president said on […]
Submitted by Daniel Cloud “Donald Trump is either too incompetent to understand that his foolish phone call threatens our national security, or he’s doing it deliberately because he reportedly wants to build hotels in Taiwan to pad his own pockets.” – (Democratic National Committee Spokesperson) Is that true? Did “incompetent” President-Elect Donald Trump’s “foolish” telephone conversation with Taiwan’s President Cai Yingwen actually “threaten American’s […]
By Steve Holland | FAYETTEVILLE, N.C. FAYETTEVILLE, N.C. President-elect Donald Trump laid out a U.S. military policy on Tuesday that would avoid interventions in foreign conflicts and instead focus heavily on defeating the Islamic State militancy. In the latest stop on a “thank you” tour of states critical to his Nov. 8 election win, Trump introduced his choice for defense secretary, General James Mattis, to a large […]
Abu Dhabi // Sheikh Mohammed bin Rashid led the UAE delegation to the two-day GCC Summit on Tuesday, which is also being attended by UK prime minister Theresa May as she looks to expand trade ties ahead of Britain’s exit from the European Union. The 37th annual talks among the six Gulf member states in Manama were expected to focus on security within the GCC, economic integration […]
Picture it: rumours of a renminbi devaluation keep growing. Residents rush to open accounts offshore as experts warn Beijing will get off on the wrong foot with a relatively new US administration if a big depreciation happens. Official denials are made regularly — until a devaluation of about 50 per cent follows in short order. That was China in 1994. Today the idea of a similarly brutal, […]
Lydia Polgreen, the editorial director of NYT Global at The New York Times, will be The Huffington Post’s next editor in chief. She follows Huffington Post founder Arianna Huffington, who had been at the top of the website’s masthead since its founding in 2005. So excited that my successor as EIC of HuffPost will be Lydia Polgreen, who I know will take HP to new heights. Here […]
By Idrees Ali | TOKYO TOKYO U.S. Defense Secretary Ash Carter said on Wednesday the United States has “enduring” interests in the Asia-Pacific region and is working for an orderly transfer of power to the administration of President-elect Donald Trump. Carter is in Japan to try to soothe anxieties caused by the victory of Trump, who has called for allies to pay more to sustain U.S. forces, […]
By Phil Stewart and Amy Tennery | WASHINGTON/NEW YORK WASHINGTON/NEW YORK U.S. President-elect Donald Trump urged the government on Tuesday to cancel an order with Boeing Co (BA.N) for a revamped Air Force One – a prominent symbol of the U.S. presidency – complaining that costs were out of control. It was the latest example of Trump using his podium, often via brief Twitter messages, to rattle […]
A big name in the antitrust world, Kevin Arquit, is on the move from Simpson Thacher & Bartlett LLP to Weil, Gotshal & Manges LLP, his new firm said Tuesday. Mr. Arquit, a former general counsel at the Federal Trade Commission and director of its bureau of competition, departs after 14 years at Simpson, where he led the New York firm’s competition practice. He’s expected to join Weil […]
London’s FTSE 100 stands apart as the global laggard among major stock indices with investors giving it a wide berth almost a month since the election of Donald Trump. The performance reflects concern over Brexit negotiations hurting the shares of companies exposed to the UK economy while the pound’s recent rebound against the dollar and the euro offsets the boost for resource stocks from rising crude and […]
By Lawrence Hurley | WASHINGTON WASHINGTON President Barack Obama’s legal defence of some key initiatives including his signature healthcare law is collapsing as courts put cases on hold until after President-elect Donald Trump, hostile to the policies, assumes office on Jan. 20. The pending conservative legal challenges could undo important elements of Obama’s presidential legacy if Trump, as expected, opts not to defend the Obama policies in […]
Wall Street climbed on Tuesday as telecom stalwarts AT&T and Verizon gained and bank shares added to their torrid post-election rally, helping the Dow set another record closing high. The S&P financial sector .SPSY rose nearly 1 percent, lifted by a 2.2 percent gain for Wells Fargo (WFC.N). The bank’s chief executive told an investor conference it will see a near-term profit hit because of the sharp […]
By Patricia Zengerle | WASHINGTON WASHINGTON The U.S. failure to retaliate strongly for the 2014 cyber attack against Sony Pictures may have helped inspire Russian hackers who sought to interfere in the 2016 U.S. election, a senior congressional Democrat said on Tuesday. “Russia may have concluded that they could hack American institutions and there’d be no price to pay,” Representative Adam Schiff, the top Democrat on the […]
On Tuesday afternoon, the billionaire founder and CEO of Japan’s Softbank and was seen entering the Trump Tower, to meet with the President-elect. It appears that they had fruitful conversations, because just a few minutes later, Trump – who earlier in the day lambasted Boeing over charging too much for Air Force 1 sending its stock lower – tweeted some words of praise for the Japanese businessman. […]
A man holds up his mobile phone showing a M-Pesa mobile money transaction page for the photographer at an open air market in Kibera in Kenya’s capital Nairobi (Reuters/Noor Khamis). This post features a conversation with Georgia Levenson Keohane, executive director of the Pershing Square Foundation, adjunct professor of social enterprise at Columbia Business School, and author of Capital and the Common Good: How Innovative Finance is […]
If you set out to make a positive investment case for Italy 20 years ago, the best hope was to play down the myriad structural inefficiencies that blighted the corporate sector and argue that this was a good economy burdened by an unworkable state. Now, after years of no growth accompanied by stubbornly high public debt, a positive case looks even harder to make, especially after the […]
Good morning. Here’s our daily summary of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. It’s so quaint that politicians still get pissed at the press and utter some version of Mark Twain’s, “Never pick a fight with people who buy ink by the barrel.” That was underscored again Monday by Donald Trump, who tweeted, […]
This punk never had a chance. He entered the lion’s den of a soft spoken man who systematically destroys his opponents in verbal combat — tearing them limb by limb until nothing is left. In this episode of ‘You Can’t Cuck the Tuck’, Tucker Carlson took on a meek, sub 100 IQ, college student who wants to ‘fire’ Gary Cohn from the Board of Trustees at American […]
Paula Hawkins takes the plunge Into the Water It has been the publishing sensation of the past few years, so it is no surprise that news of the follow-up to Paula Hawkins’s psychological thriller The Girl on the Train made waves this week. Into the Water will be released on May 2 next year, and Hawkins shows no signs of diverting from the successful formula that has […]
By Stanley White | TOKYO TOKYO Japanese Prime Minister Shinzo Abe is arranging to meet Donald Trump about a week after he takes over as U.S. president on Jan. 20, Jiji news service reported on Tuesday. Abe met Trump in New York last month, soon after his election victory, and Jiji said Abe would meet him around Jan. 27. Trump’s inauguration is due on Jan. 20. A […]
It’s been a bad year for newspapers. Money from print advertising is tanking. Layoffs have affected newsrooms large and small. And The President-elect isn’t shy about abusing journalists on Twitter. But today, just a few weeks before Christmas, the clouds parted a bit as New York Times CEO Mark Thompson spoke at the UBS Global Media & Communications Conference in Manhattan. He dispensed a couple of encouraging […]
Anyone checking the exchange rate between China’s renminbi and the US dollar would have got a shock early on Tuesday when an apparent glitch resulted in quotes shown on Google and at least two other currency exchange websites showing an 8 per cent devaluation. When markets opened, the Chinese currency instead rose against its US counterpart, after the central bank set the midpoint of the renminbi’s 4 per […]
President Rodrigo Duterte. RENATO LUMAWAG/ Presidential Photo Human rights group Karapatan on Tuesday said President Rodrigo Duterte and his administration seem to be “stalling” the efforts of the peace negotiations as they refuse to release all political prisoners. “Lest the GRP’s use of the political prisoners as trump cards in the peace process will be seen as its vile attempt to set the stage to renege on […]
Time magazine said Indian Prime Minister Narendra Modi won its online readers’ poll which contributes to its selection of its person of the year. Mr. Modi beat U.S. President-elect Donald Trump and President Barack Obama to win 18% of the vote. He also beat Hillary Clinton, Mark Zuckerberg and Wikileaks founder Julian Assange. Mr. Modi last month unleashed chaos in the South Asian nation with a surprise […]
