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The hard-right views of David M. Friedman, a bankruptcy lawyer who is President-elect Donald J. Trump’s choice as the next ambassador to Israel, have drawn polarized responses in Israel and the United States. Mr. Friedman, who has represented Mr. Trump in matters involving Atlantic City casinos, has no diplomatic experience. He has long espoused hard-right, pro-Israel views that are often at odds with decades of United States […]

An obscure clash involving a 28-year-old tattoo artist, the Osaka police and an ambiguous century-old medical law has spiralled into a landmark constitutional battle to save an entire industry from oblivion.  The showdown in Japan follows the decision of the Osaka police to hit the local tattooing industry with the physicians’ law — a legal framework laid down in the 19th century that technically means only a […]

China has ceded its status as America’s largest creditor nation to Japan after spending a large portion of its foreign exchange reserves to defend the renminbi. Beijing’s ownership of US Treasuries fell by $41.3bn to $1.12tn in October, according to data from the US Treasury released on Thursday — the sixth straight month of decline. Japan’s holdings fell by $4.5bn to $1.13tn for the same period. Thomas […]

Your daily guide to community and cultural activities across the Emirates for December 16, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Festive fun Visit Al Maryah Island for the Winter Wonderland, featuring cosy cottages hosting activities including bauble-decorating, cracker-making and gingerbread-house-decorating. Plus there’s a skating rink and snow park, and live performances of […]

Chinese government bond yields retreated slightly after the central bank eased a credit squeeze that has been exacerbated by the US Federal Reserve’s rate increase. On Friday morning the People’s Bank of China injected a net Rmb45bn ($6.5bn) into the interbank market through reverse repos, bringing total net injections for the week to Rmb250bn. This marked a reversal from last week when the central bank drained more than […]

What brought you into the world of fashion? I always wanted to make sure I did a job that I was passionate about, and one that wouldn’t simply be a 9-5 office job, which fashion allowed me to do. I began my career on the UK High Street where I started off working on own-label brands and really learnt my trade. Following that I moved on to […]

Investors have piled into Russian equity and bond funds over the past week as oil prices have rallied and President-elect Donald Trump named an oil executive with close ties to Vladimir Putin as US secretary of state. Russian stock funds recorded inflows of $451m in the week to December 14, the biggest weekly haul since the first quarter of 2011, according to EPFR. Mutual funds and exchange […]

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Friday 02:10 GMT Overview The US dollar has climbed to a 14-year high in the wake of the Federal Reserve’s decision this week to lift interest rates, putting pressure on Asian currencies and prompting caution among traders of regional stocks. Hot topic The dollar has been one of the biggest stories of the December quarter thanks to a more robust outlook for US inflation and growth. That […]

To understand Arabs and their culture, one must first understand their language, but with many conflicting theories about its origins, this is no easy task. To celebrate a language used by hundreds of millions of people around the world, ­December 18 is the designated UN Arabic Language Day. The day was established by the UN ­ Educational, Scientific and ­Cultural Organisation (Unesco) in 2010 to “celebrate multilingualism […]

November 30, 2016 by: Joe Leahy in São Paulo Brazil’s economy recorded its seventh straight quarterly contraction between July and September, disappointing hopes the new government of president Michel Temer could engineer a quick turnround in the fortunes of Latin America’s biggest economy.  The news on the economy, with gross domestic product contracting at an annual rate of 2.9 per cent during the third quarter, came after […]

A one-two punch of a surging US dollar and rising interest rates sent the price of gold tumbling to its lowest level since February on Thursday, hurting the shares of miners and spurring hefty liquidations of exchange traded funds that track the metal. The price of gold in New York fell as much as 1.8 per cent to $1,122 an ounce, as the dollar rose across the […]

BRUSSELS The heads of European Union institutions were given a mandate to plan a possible summit meeting with Turkish leaders in the coming months at an EU summit on Thursday, summit chair Donald Tusk told a news conference. “We have a mandate to organise this kind of summit in the next months,” Tusk said, adding that no date had been set. The EU would be represented by […]

What’s the story behind your business? Our story is a typical start-up story. We began 15 years ago with six people, and at the time we operated out of our chairman’s extra bedroom in Jumeirah. We started the agency with the philosophy of changing the rules of advertising across the region. At the time, people thought we were a bit crazy – they said everything had already […]

If you like to surround yourself with all things luxury and are the type who simply ‘needs’ the latest threads, jewellery and cosmetics, the minute you set eyes on them online, you’ll be pleased to know that UAE brand lovers now has somewhere to get them in two hours flat. Luxury delivery service Ounass.com, which is now available across the region, is UAE retail giant Al Tayer […]

Convoys of green buses and ambulances ferried several thousand rebels and wounded civilians through the rubble-strewn streets of Aleppo on Thursday as the highly anticipated evacuation of the last opposition enclave of the northern Syrian city finally began. The operation got off to a shaky start after the first ambulances were shot at in the morning, wounding three people and underlining the fragility of a deal brokered […]

If Donald Trump has made bank stocks great again, Janet Yellen has just made them even greater. US financial stocks were on a tear on Thursday, extending their strong post-election market gains after the Federal Reserve raised interest rates on Wednesday and signalled that at least three more rises are on the cards for next year. The prospect that the US central bank might have to raise […]

By Gabriela Baczynska | BRUSSELS BRUSSELS European Union leaders agreed on Thursday to extend the bloc’s main economic sanctions against Russia over the turmoil in Ukraine for six months until mid-2017, diplomats said. The decision was expected and the formal process to extend the sanctions on Russia’s defence, energy and financial sectors will take place early next week, they said. “We welcome unanimous decision by the EU […]

How Do You Set it Up? 1) If you’re not a Prime member, you can sign up for a free 30-day trial by visiting PrimeVideo.com. If you’re already a Prime member, you can simply visit Amazon’s India site to start watching. 2) To go mobile, download the Amazon Prime Video app for iOS or Android. 3) Want to stream to your TV? That’s a little more complicated. The […]

The US dollar marched higher on Thursday, reaching its strongest level against the euro for more than a decade, after the US Federal Reserve signalled a more aggressive outlook for interest rate policy. Europe’s single currency was among the hardest hit, falling through the $1.04 level to trade at its lowest level since early 2003. Driving the dollar’s strength is a growing divergence between benchmark interest rates […]

By Elias Biryabarema | BIDI BIDI, Uganda BIDI BIDI, Uganda Besides bags, blankets and tales of horror, some of the thousands of refugees fleeing South Sudan’s civil war each day carry something else – the ethnic hatred the United Nations says is “fertile ground” for genocide. That hatred, fuelled by continuing reports of ethnic-based killings inside the country, is turning refugee camps on its borders into tinder-boxes […]

Theresa May on Thursday embarked on a Brexit charm offensive in Brussels, amid warnings from a senior diplomat that a final exit deal could take a decade to complete. Mrs May will tell an EU summit that Britain will play a full role in tackling migrant flows from north Africa to Europe, even after Brexit. She will also reassure fellow leaders from Latvia and Lithuania that Britain […]

Thursday 11:00 GMT Overview Stock markets are trading cautiously as Treasury yields hit fresh highs after the Federal Reserve’s decision to raise interest rates for only the second time since the financial crisis. The prospect of the US central bank perhaps having to tighten policy faster than expected to reflect any additional boost to growth from president-elect Trump’s fiscal plans is lifting the dollar to a 14-year […]

ANKARA The first goal in the evacuation of eastern Aleppo is to get the sick and wounded to hospital, whether in Syria or Turkey, Turkish Foreign Ministry spokesman Huseyin Muftugolu said on Thursday. He told a news conference that evacuees need to be put into camps quickly and that work was continuing on establishing camps in Syria. He added that the government of Syrian President Bashar al-Assad […]

By Laila Bassam, Suleiman Al-Khalidi and Tom Perry | ALEPPO, Syria/BEIRUT ALEPPO, Syria/BEIRUT An attempt to evacuate people in need of medical attention from rebel-held eastern Aleppo stalled on Thursday when fighters loyal to the Syrian government fired on the convoy, wounding three, the head of the ambulance service said. The vehicles had intended to leave under a deal to evacuate people from rebel areas following rapid […]

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