Donald Trump’s upcoming presidency has led many investors to size up oil, coal and gold trades that could benefit from the sweeping changes he has promised. But a growing band of specialist commodity traders think investors may be overlooking the one raw material in line for bigger price gains than others when the US president-elect takes office: uranium. While interest in the key fuel for nuclear power […]
Director of National Intelligence James Clapper at a Senate Intelligence Committee hearing in February. (Image: file photo) Despite pleas from privacy groups to rein in the US government’s surveillance powers before President-elect Donald Trump takes office, the Obama administration has done the opposite. The outgoing government will now allow the National Security Agency (NSA) to share raw globally intercepted personal data with the government’s other intelligence agencies. […]
Posted January 13, 2017 05:49:38 The election of Donald Trump as president of the United States and the rise of populist leaders in Europe poses a “profound threat” to human rights, the US-based Human Rights Watch has warned in its annual global report. The 687-page report reviews human rights practices in more than 90 countries. “Trump and various politicians in Europe seek power through appeals to racism, […]
By Nidal al-Mughrabi | GAZA GAZA For weeks, Gazans have been making do with less than half their usual electricity supply – barely a few hours a day – with no sign of the shortages alleviating anytime soon, fuelling distress and frustration among the population. Normally, Gaza’s power alternates on eight-hour cycles, with generators providing electricity to those that can afford it in the down times. But […]
ADVERTISEMENT Ever felt lost while shopping in Dubai for your winter holiday? We’ve been there. And here’s everything we’ve learned on where to go for the best deals and prices: Best for price: Decathlon: Luckily for those who don’t want to spend a fortune on ski clothes, French brand Decathlon opened a shop in Ibn Battuta last year in addition to its existing one in Mirdif City […]
BEIJING A factory in eastern China is racing to keep up with demand for its new clutch – giant inflatable rooster balloons that bear what some say is an uncanny resemblance to U.S. President-elect Donald Trump. The Zhejiang-based factory has already produced 30 of the inflatables, some of which are up to 20 meters (65.6 feet) in height, and all sporting puffed-up combs of gold. Li Haiyan, […]
By Mehreen Zahra-Malik | ISLAMABAD ISLAMABAD A Pakistani Senate committee is set to debate how to prevent the country’s blasphemy laws being applied unfairly, despite opposition from religious conservatives who support legislation that carries a mandatory death penalty for insulting Islam. Senator Farhatullah Babar told Reuters that the Senate Committee on Human Rights, of which he is a member, will start discussions on blasphemy laws as early […]
Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. Donald Trump is nothing if not transparent, especially when it comes to views of the press and outright evasions about his business holdings. That was self-evident at his Wednesday spectacle (labeled “press conference”) in which he bashed media and also […]
Car sales in China are forecast to slow sharply this year as stimulus measures designed to boost demand are set to end. Sales are expected to increase 5 per cent in 2017, a significant drop from growth of 13.7 per cent last year, which was the fastest rate since 2013 despite a broader economic slowdown. Growth in 2016 exceeded expectations due to tax incentives on smaller vehicles, […]
These investigations hardly change public opinion in Israel. Mr. Sharon was widely supported even while his investigation made daily headlines. Mr. Barak and Mr. Olmert’s popularity suffered for entirely different reasons (Mr. Barak’s failure to hold his governing coalition together; Mr. Olmert’s execution of the 2006 war in Lebanon). Mr. Netanyahu, too, remains reasonably popular: Surveys indicate that if elections were held today, he would get another […]
Cloudflare received a national security letter (NSL) from the United States Federal Bureau of Investigation (FBI) back in February 2013, its transparency report for 2016 has shown, with the company only now able to report the event after being placed under a gag order. The FBI had been seeking the names, addresses, length of service, electronic communications transactional records, transaction and activity logs, and all email header […]
In Wisconsin, Green Bay officials say the Clinton campaign has yet to pay off bills from events in March, September and November totaling nearly $12,800. Eau Claire, Wisconsin, says Clinton won’t pay a $6,812 from a visit in April. Spokane wants $2,793. Clinton’s campaign committee has enough money to pay its bills, having last month reported carrying a more than $838,000 surplus on its books. It did […]
Nielsen Music has released its annual report of music industry sales figures, and the news is good thanks to the growth of streaming. Music sales experienced an uptick of 3 percent compared to those in 2015, despite a plunge in the sale of digital downloads and physical units. Streaming Shows Huge Growth 2016 was the year that streaming really came into its own, and with major streaming […]
Turkish president Recep Tayyip Erdogan’s attempt to take control of all levers of power and a mounting terrorist threat has begun to alarm investors, sending the Turkish lira down 4 per cent to an all-time low on Wednesday. The lira traded at 3.93 to the dollar, down 12 per cent since the beginning of January, clocking its worst performance since a failed coup in July which prompted […]
By EconMatters We discuss the Carry Trade, ultimate demise of the European Union, answer viewer questions, touch on the oil market, and dog financial media for the rating`s whores that they truly are in this video. There is some buy the rumor, sell the news effect in the oil market today, but we are still pretty bearish on the fundamentals of the industry, and the current supply […]
The energy service provider has successfully completed retrofit projects for 2,178 buildings 11 January 2017 Dubai, United Arab Emirates Etihad ESCO’s retrofit projects have successfully saved 54GHW of energy in 2016, through five major projects, implemented for DEWA, JAFZA, Dubai International Financial Centre (DIFC) and Mohammed Bin Rashid Housing Establishment (MRHE), which equates to AED 34 Million in monetary terms. The energy service provider said that it […]
Posada made his first professional stop in Oneonta, N.Y., in the shadow of Cooperstown, in 1991. He had been drafted as a middle infielder the previous summer, in the 24th round, from Calhoun Community College in Alabama. The Oneonta manager, Jack Gillis, thought he profiled better as a catcher. Continue reading the main story “The first practice day, we were working in the bullpen on catching,” said […]
Wednesday 08:30 GMT Overview European stocks and US index futures are lacking momentum, while government bond yields see minimal moves, as traders appear wary of making bold bets ahead of a press conference later in the day from US president-elect Donald Trump. The dollar is steady against the euro but the Turkish lira has hit another record low. Industrial commodity prices mostly are holding recent gains. Hot […]
Bjarni Benediktsson, leader of the conservative Independence Party, is Iceland’s new prime minister. (Halldor Kolbeins/Agence France-Presse) The Panama Papers — a huge leak of documents detailing the alleged secret offshore holdings of a global elite — were released in April 2016. The leak made headlines all over the world, but its impact was probably most keenly felt in Iceland. Just two days after the leak appeared, Icelandic Prime Minister Sigmundur David Gunnlaugsson […]
By Engen Tham and Samuel Shen | SHANGHAI SHANGHAI China’s forex regulator is telling banks to keep its instructions about curbing capital outflows secret and to ensure that research analysts keep any negative views about the yuan’s prospects to themselves, several bankers said. Both demands are seen as an attempt by the authorities to prevent alarm that could trigger further declines in the yuan, the bankers from […]
Apple CEO Tim Cook touring a Foxconn facility. While Apple isn’t Foxconn’s only partner, it’s the biggest. (Image: File photo) Key iPhone supplier Foxconn Technology Group has posted its first annual sales decline since it went public in 1991, thanks to slowing sales of the iPhone, according to Nikkei. For full year 2016, Foxconn posted revenues of roughly $136.38 billion, down 2.81 percent from a year ago. […]
Sony is sprucing up its console offerings, adding a new color option for its PlayStation 4 Slim: Glacier White. Finding a PS4 console in another color option besides the traditional black avatar is not easy to come by, as other options are as rare as the legendary Pokémon. Nevertheless, PS4 fans are now in luck as the company just announced a Glacier White PS4 Slim is set […]
The FTSE 100 notched up its longest run of record highs on Tuesday as another low for sterling helped the UK’s blue-chip index outperform European peers. The main London benchmark added 0.5 per cent, up 37.7 points to 7,275.47. It was the FTSE’s ninth consecutive record-high close as well as its 11th consecutive gain, a winning streak it has only equalled three times — in 1997, 2004 […]
The UAE will spend AED600 billion ($163.3 billion) over the next three decades in developing the country’s energy market, with a plan for clean energy to power 50 percent of the sector by 2050. The first unified energy strategy for the UAE has been announced which aims to balance economic needs and environmental goals. In a series of tweets on the official Dubai Media Office feed, it […]
