Mr. Abbas, 82, who was among the negotiators on hand for the historic signing of the Oslo Accords on the White House lawn in 1993, indicated that he did feel optimistic that nearly a quarter-century later Mr. Trump might be the president who finally builds on that initial agreement to forge a final resolution to the conflict. Continue reading the main story Praising Mr. Trump’s “courageous leadership,” […]
By Bryn Stole | BATON ROUGE, La. BATON ROUGE, La. U.S. Justice Department officials were expected to announce on Wednesday that they will not bring federal charges against two white officers in the fatal shooting of a black man in Baton Rouge, Louisiana, last summer, according to news media reports. The shooting of Alton Sterling, 37, was one of a series of high-profile killings of black men […]
ITFC and ITC sign partnership agreement on project implemenation in Djibouti and Algeria 03 May 2017 Jeddah, Kingdom of Saudi Arabia The Islamic Development Bank (IsDB) Group and the International Trade Centre (ITC), will work together to implement joint projects and strengthen the competitives of SMEs in IsDB member countries. This was disclosed during an official visit by Arancha Gonzalez, Exective Director of ITC, to the President […]
By James Pearson and Alexei Chernyshev | SEOUL/VLADIVOSTOK, Russia SEOUL/VLADIVOSTOK, Russia When North Korean leader Kim Jong Un sent Lunar New Year greetings this year, the first card went to Russian President Vladimir Putin, ahead of leaders from China and other allies of the isolated country, according to its official news agency. Some academics who study North Korea argue Kim could be looking for Russia to ease […]
OPEC and allied oil producers should extend their collective production cuts into the second half of the year when an expected upturn in demand will help to re-balance the crude market, UAE Energy Minister Suhail Al Mazrouei said. All countries participating in the cuts must agree to any extension, he said Tuesday in the UAE capital Abu Dhabi. The Organization of Petroleum Exporting Countries and other major […]
Abu Dhabi // The prime minister of Libya’s UN-backed government and the country’s most powerful military commander met in Abu Dhabi on Tuesday for direct talks on ending Libya’s conflict. The meeting came after months of international pressure and a failed attempt at negotiations in Cairo in February. The rival figures met face to face “thanks to international and Arab mediation”, according to Libya’s Lana news agency. […]
Marine Le Pen and Emmanuel Macron have each promised to bring renewal to French politics. Still, the two insurgent candidates, who will go head to head in the second round of the presidential election on Sunday, have clashed over how to handle the challenges facing France. Ms Le Pen, of the National Front, is running on a populist, anti-immigration platform but has spurned economic liberalism in favour […]
Oman Air plans to move ahead with a multi-billion dollar order for wide-body jets early next year even though it won’t now break even in 2017 as the low oil price curbs growth in the Gulf. The carrier is now aiming to end losses by the end of next year, contingent on demand not deteriorating further, Chief Executive Officer Paul Gregorowitsch said in an interview on Tuesday. […]
In 2001, “Frontline” aired a documentary by investigative reporting legend Lowell Bergman. The movie, which chronicled the new cowboys of “Energy Alley,” contained never-before-seen interviews with Enron CEO Jeffrey Skilling and other players in the energy scandal. It was compelling footage. After Enron imploded, filmmaker Alex Gibney bought the video from PBS and used some of it in his 2005 documentary about the scandal, “The Smartest Guys […]
Vocus Communications has revised its guidance for the 2017 financial year, with revenue down by AU$100 million, underlying earnings before interest, tax, depreciation, and amortisation (EBITDA) down by between AU$65 million and AU$75 million, and net profit down by AU$45 million to AU$50 million. According to a presentation delivered by Vocus CEO Geoff Horth on Wednesday, underlying EBITDA is now expected to be between AU$365 million and […]
Angela Merkel, Chancellor of Germany, arrived in Abu Dhabi on Monday on an official state visit, state news agency WAM reported. Upon her arrival at the Presidential Airport, Merkel was greeted by Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. An official reception ceremony was held in honour of the German Chancellor, where both the […]
Esure hit a record high on Tuesday amid hopes that surging car insurance premiums will translate to fatter dividends. Canaccord Genuity added Esure to its “buy” list as part of a sector review. It forecast motor insurance pricing to keep rising at the current pace until the end of 2017, having jumped 16 per cent year on year in the first quarter, and expected the larger insurers […]
US President Donald Trump said the federal government needed a shutdown this autumn to fix what he called a “mess” in the wake of a Congressional deal that ignored key elements of his budget requests. Taking to Twitter to express his irritation over an agreement sealed on Sunday between the two parties that contained no funding for his border wall, Mr Trump complained that the Republicans had inadequate […]
By Andreas Rinke and Denis Pinchuk | SOCHI, Russia SOCHI, Russia German Chancellor Angela Merkel, on a rare visit to Russia, said that Berlin and Moscow had to keep talking despite their disagreements, but those same differences overshadowed her talks with Russian President Vladimir Putin on Tuesday. At a news conference following a meeting in the Russian Black Sea resort of Sochi, diverging positions were aired over […]
May 2, 2017 by: Najmeh Bozorgmehr in Tehran Iran’s hardliners are committed to the nuclear deal with world powers even as they use the accord to attack President Hassan Rouhani ahead of elections this month, a senior hardline politician said. The agreement was a “done deal” and there would be no attempts to sabotage it, said Alireza Zakani, a senior figure in the hardliners’ camp and a […]
By Wa Lone and Simon Lewis | YANGON YANGON Myanmar leader Aung San Suu Kyi has declined an invitation to meet U.S. Secretary of State Rex Tillerson in Washington this week alongside top diplomats from Southeast Asia, citing other commitments, Myanmar officials said on Tuesday. Nobel laureate Suu Kyi – who serves as Myanmar’s foreign minister while also being de facto head of its civilian government – […]
Brussels is rushing out proposals to impose EU control on the City of London’s lucrative euro-clearing market, forcing UK operators to either relocate or be policed by European authorities. In a provocative regulatory salvo fired as Brexit talks begin, the European Commission is preparing to issue legislative proposals in June that would heavily restrict London’s ability to host one of its flagship financial businesses. The commission’s power […]
Greece has wrapped up a deal with creditors on details of reforms that must be enacted before the country can receive the next disbursement from its €86bn bailout programme. The deal, which covers a wide range of fiscal and structural measures, from fresh cuts in pensions to liberalising Sunday trading, was completed during intensive talks over the past week after months of wrangling between Greek finance ministry […]
Mr. Ghasemi’s remarks, at a regular weekly news conference reported by Iranian media, did not suggest a negotiation was underway for the release of the Americans, all of them dual citizens of the United States and Iran. Continue reading the main story Mr. Ghasemi did not identify any of them by name. At least four Americans of Iranian descent are known to be held in Iranian prisons […]
US stock markets climbed higher on Monday, as bipartisan agreement over a US budget deal overpowered weak manufacturing data in the US and China, with European markets closed for the May bank holiday. The benchmark S&P 500 climbed 0.3 per cent by midday in New York on news of the budget deal, shrugging off an initial tumble when data from the Institute for Supply Management showed America’s […]
Authored by Mark Melin via ValueWalk.com, Bullish on oil, Andurand Commodity Fund Manager Pierre Andurand looks around the world for justification of his long exposure. Since the start of 2017, patience has been emphasized by the famous French oil trader, perhaps best known for his previous BlueGold Global Fund management, who is now struggling with an -11.6% loss year to date as of March and is in the […]
DOHA The Palestinian Islamist group Hamas will drop its long-standing call for Israel’s destruction as well as its association with the Muslim Brotherhood in a new policy document to be issued on Monday, Gulf Arab sources said. Hamas’s move appears aimed at improving relations with the West, Gulf Arab states and Egypt, which label the Brotherhood as a terrorist organisation. Many Western countries classify Hamas as a […]
The chairman of DP World on Monday said US president Donald Trump’s push for free trade agreements was not protectionism but a drive for fairer deals. Speaking at the Arab Media Forum, Sultan Ahmed bin Sulayem said he did not believe Mr Trump would hurt global trade. Mr Trump is seeking to renegotiate the North American Free Trade Agreement with Canada and Mexico, although the White House […]
Theresa May’s critics have attacked the British prime minister for having “no plan” over Brexit in the wake of a leaked account of a private dinner that heightened tensions between Brussels and London. A report published in the Frankfurter Allgemeine Sonntagszeitung portrayed last Wednesday’s dinner between Mrs May and European Commission president Jean-Claude Juncker as a disaster. According to the FAZ, commission officials were astonished at Mrs […]
