Our round-up of the week’s best comment and analysis from the Financial Times focuses on the European Central Bank strategy, green investment and the future of India’s economy. The selection is taken from our Markets Insight and Smart Money columns, written by industry contributors and FT commentators. Olivier Garnier, a group chief economist at Société Générale, looks at the European Central Bank’s exit strategy from ultra-loose monetary […]
Saudi King Salman’s stop in the Maldives on his month-long tour of Asia brings into focus how this tiny archipelago – best known for high-end tourism and an existential battle against climate change – has emerged as a key player in a regional struggle for influence. Both Riyadh and Beijing are currying favour with the strategically located 820km-long chain of Indian Ocean atolls, in efforts analysts believe […]
Even the best writers struggle from time to time in crafting their work. This can be especially tricky for bloggers, who want to produce a steady flow of content for their audience. Not to worry. Every writer faces this dilemma. Here are some strategies to kick-start your work. Try the Hemingway Trick for Early Productivity Ernest Hemingway concluded his writing for the day right as he was […]
Authored by Federico Pieraccini via The Strategic Culture Foundation, While the world continues to decipher, or digest, the new Trump presidency, important changes are afoot within the grand strategic triangle that lies between Russia, Iran and China Away from the current chaos in the United States, major developments are progressing, with Iran, Russia and China coordinating on a series of significant moves crucial for the future of […]
NEW YORK For most Americans, daylight saving time means only one thing: losing an hour’s sleep. So what is the point? This is actually a reasonable question, according to a growing body of scientific research. Daylight saving time is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, […]
UK and Gulf scientists will be working together on eight cutting edge research projects, thanks to $3.4 million in UK government funding allocated to research projects in areas ranging from nanotechnology to cyber-security. The funding will strengthen scientific ties between the UK and the Gulf region in order to find solutions to shared global challenges, a statement said. The project is led by the Department for Business, […]
This report marks the end of a series of three big trains of thought. The first explained how we’re living through the Mother Of All Financial Bubbles. The next detailed the Great Wealth Transfer that is now underway, siphoning our wealth into the pockets of an elite few. This concluding report predicts how these deleterious and unsustainable trends will inevitably ‘resolve’ (which is a pleasant way of […]
DUBAI // Health and nutrition are key to pedalling to a fitter future, experts told UAE Cycling Girls. Crossfit coach Dalal Hamza spoke to the all-female cycling group recently after they completed a weekend ride at the Al Qudra track. She cautioned against following diets that cut out vital foods. “Some people conflate food with fat, and it is important to talk about this. All people think […]
SYDNEY Tesla Inc boss Elon Musk spoke with the premier of South Australia on Saturday after the tech entrepreneur offered to install $25 million of battery storage within 100 days to prevent recurring blackouts that have disrupted the state. The proposal follows a string of power outages, including a blackout that left industry crippled for up to two weeks and stoked fears of more outages across the […]
The two most powerful men in the world oil market appeared together in Houston on Tuesday to tell the world that their strategy was on track. In December, Khalid al-Falih and Alexander Novak, the energy ministers of Saudi Arabia and Russia, orchestrated a 24-nation plan to cut oil output in the first half of 2017. This week they spoke to reporters in a hotel conference room at the […]
Emirates National Oil Company (ENOC) has announced plans to build 10 new service stations in 2017, as part of its 2020 expansion programme to increase its retail network capacity by 40 percent. The group’s plans for this year started with the opening of its new Warsan service station, with other locations to include Sheikh Zayed Road, Al Barsha South, Hessa Street, Sheikh Rashid Road, Bab Al Shams, […]
The Wikum interface provides readers with detailed summaries of online discussions. Credit: Jason Dorfman/MIT CSAIL From Reddit to Quora, discussion forums can be equal parts informative and daunting. We’ve all fallen down rabbit holes of lengthy threads that are impossible to sift through. Comments can be redundant, off-topic or even inaccurate, but all that content is ultimately still there for us to try and untangle. Sick of […]
When Rex Tillerson visits Japan and South Korea next week, the new US secretary of state will not escape the whispers back home: the former ExxonMobil chief executive has been all but invisible since arriving in Washington. In his first weeks as the top US diplomat, the Texan has been conspicuously low-profile. His silence has fuelled concerns that President Donald Trump intends to downgrade diplomacy — and […]
DUBAI // Positivity and well-being was at the top of the agenda for more than 2,000 people who took part in a happiness festival on Friday. Visitors of all ages took part in the city’s first Happiness Festival organised by the Happiness Hub, a positive psychology consultancy, held at the Dubai Polo and Equestrian Club. “The Happiness Festival is all about making happiness simple and accessible,” said […]
Dubai, 10 March 2017 Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economic Development (DED) in Dubai, along with Dubai Exports, the export promotion agency of DED, will go on a two-week tour of the US on the 11th of March 2017 as part of strengthening the emirate’s engagement with major economies to reinvigorate global trade flows and foreign investment. The mission, which […]
© James Ferguson During the four-year battle for Aleppo, the world was flooded with images of the toll it took on the civilians trapped between the Syrian regime and opposition militias. As the siege tightened, the ancient city was dubbed Syria’s Stalingrad, enduring relentless street fighting, indiscriminate barrel bombings and deadly “triple-taps” — that killed civilians, killed those who came to rescue the wounded, and finally destroyed […]
Magnetic explosions happen constantly all across the universe, and new results with NASA’s ARTEMIS mission help explain how near-Earth explosions convert energy into heat and propel particles toward Earth. (via WSJ)
The US government’s benchmark borrowing costs remained above 2.6 per cent on Friday as investors anticipated robust US employment data ahead of a likely Federal Reserve interest rate increase next week. The benchmark 10-year yield — one of the most widely followed interest rates in the global economy — was at 2.61 per cent by early in London, its highest level since December and up from below […]
By Sonali Paul | MELBOURNE MELBOURNE Tesla Inc boss Elon Musk on Friday offered to save Australia’s most renewable-energy dependent state from blackouts by installing 100 megawatt hours worth of battery storage within 100 days of signing a contract. The offer follows a string of power outages in the state of South Australia, including a blackout that left industry crippled for up to two weeks, and stoked […]
DUBAI // The Middle East needs more people like Dr Ismahane Elouafi. In fact, much of the world does. An expert in food and water security, she has a crucial role to play at a time when farmers across the region are increasingly struggling to grow crops in what is clearly a harsh climate. But the director general of the Dubai-based International Centre for Biosaline Agriculture relishes […]
Mario Draghi has declared victory against deflation and moved a step towards ending the European Central Bank’s ultra loose monetary policy, sending the euro and German bond yields higher as investors bet on the end of crisis-era stimulus measures. Facing growing pressure from monetary hawks in Germany, the ECB president said the bank decided to change its guidance to investors — omitting a reference to using all […]
By Shinichi Saoshiro | TOKYO TOKYO Asian stocks edged up and the dollar rose to 1-1/2-month highs versus the yen on Friday, ahead of the closely-watched U.S. non-farm payrolls report due later in the day. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.2 percent, taking cues from a modest bounce in Wall Street overnight. Japan’s Nikkei climbed more than 1 percent on the back of […]
New York and London are locked in a frantic race to be the main international listing venue for Saudi Arabia’s initial public offering of its state oil company, emerging as clear frontrunners in what is set to be the world’s biggest ever flotation. Executives from the New York Stock Exchange and London Stock Exchange have held talks with Saudi Aramco, the state group valued at as much […]
China’s Uber rival Didi Chuxing announced that it has officially opened its first US-based research and development lab in Mountain View, California this week. Didi Labs will seek out engineering talent and focus on artificial intelligence (AI)-based security and intelligent driving technologies, according to a statement made by the company. Founder, chairman, and CEO of Didi Chuxing, Cheng Wei said the company’s vision is to build an […]
