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5962 25 by Shannon K. O’Neil April 7, 2017 Yesterday, I had the pleasure of hosting the Civil Society, Markets, and Democracy program’s symposium on “The Future of Anticorruption in U.S. Foreign Policy.” We started the day off with Senator Ben Cardin, who discussed his contributions to anticorruption legislation, including the Global Magnitsky Act and the proposed Combating Global Corruption Act. Our second session focused on corruption […]

Here is how the markets are reacting to UK prime minister Theresa May’s announcement that there will be a snap general election on June 8. Sterling The pound has rebounded strongly off session lows and is now up 1.6 per cent to $1.2755, its highest since December, as dealers reckon that the ruling Conservative government is likely to increase its parliamentary majority. This could strengthen Mrs May’s […]

After overnight weather warnings of high winds, which reached around 60kmph at sea and created wave heights of 16 feet, fresh to strong north-westerly winds are due to continue through the day on Wednesday, with the risk of low visibility due to dust. Another slight fall in temperature is expected with the wind speed decreasing and relative humidity rising overnight and into early Thursday morning over coastal […]

President Rodrigo Duterte suffers his biggest drop in public trust, so far, based on the latest Pulse Asia survey Pia Ranada Published 11:34 AM, April 05, 2017 Updated 11:34 AM, April 05, 2017 MEASURING TRUST. President Rodrigo Duterte’s trust rating dips from December 2016 to March 2017, according to Pulse Asia. Malacañang photo MANILA, Philippines – While President Rodrigo Duterte continues to sustain his popularity among most […]

By Stephen Nellis | SAN FRANCISCO SAN FRANCISCO Apple Inc’s decision to stop licensing graphics chips from Imagination Technologies Group Plc is the clearest example yet of the iPhone maker’s determination to take greater control of the core technologies in its products – both to guard its hefty margins and to position it for future innovations, especially in so-called augmented reality. The strategy, analysts say, has already […]

At the hospital in Reyhanli, a small Turkish border town that took in many of the victims, the mourners gathered outside mostly came from just two extended families, Mr. Youssef’s and the Abu Amash family. Continue reading the main story The families are connected by marriage and both come from Khan Sheikhoun, the village in rebel-held Idlib Province that residents said been hit with chemical weapons earlier […]

Kuwait will increase its borrowing on international markets to plug a budget deficit resulting from low oil prices, the finance minister said on Tuesday. The move comes after the Gulf state raised $8 billion (7.5 billion euros) last month in its first international bond issue. “We will continue to be present in the international (debt) market but in a prudent, rational way,” Finance Minister Anas al-Saleh told […]

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Your daily guide to community and cultural activities across the Emirates for April 5, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Comedy show Attend […]

BEIRUT, Lebanon — The United States blamed the Syrian government and its patrons, Russia and Iran, on Tuesday for one of the deadliest chemical weapons attacks in years in Syria, one that killed dozens of people in Idlib Province, including children, and sickened scores more. A senior State Department official said the attack appeared to be a war crime and called on Russia and Iran to restrain […]

By Scott DiSavino | NEW YORK NEW YORK Oil prices on Tuesday rose to a near one-month high as expectations of a drawdown in U.S. crude and product inventories outweighed news of higher Libyan production. Brent LCOc1 futures were up 91 cents, or 1.7 percent, at $54.03 a barrel by 11:27 a.m. EDT (1527 GMT). That pushed the global benchmark over its 100-day moving average, into overbought […]

KABUL // A member of the Kandahar governor’s staff – likely a cook – smuggled explosives hidden in food into a meeting with Emirati diplomats that killed 13 people, including the UAE ambassador, the governor told The National. Hamayoun Azizi was severely injured when the two bombs exploded around three minutes apart inside his residence in January, he said. His account of the attack differs from previous […]

South Africa’s rand tumbled in late trading on Monday after a rating agency cut the country’s coveted investment grade status, leaving President Jacob Zuma’s decision to fire his finance minister responsible for wiping out almost all the currency’s gains for the year. The rand slid to R13.7 against the dollar, taking its drop in the past five days to almost 9 per cent. Having recorded a gain […]

The ongoing retail massacre claimed its latest victim this morning when iconic luxury retailer Ralph Lauren said it would shut its flagship Polo store on Fifth Avenue in New York City, among other office and store locations, and cut jobs as part of a cost-cutting plan. The company also said on Tuesday that it would integrate its products from the Fifth Avenue store into the Ralph Lauren […]

Future of renewable energy in Africa discussed at the first Africa Renewable Energy Leaders Summit (ARELS) in Nairobi Future of renewable energy in Africa discussed at the first Africa Renewable Energy Leaders Summit (ARELS) in Nairobi Tuesday, April 4, 2017  The first Africa Renewable Energy Leaders’ Summit (ARELS) officially launched today at the Intercontinental Hotel in Nairobi. The two-day-long international conference organised by dmg events Middle East, […]

The Oberoi Beach Resort, Al Zorah has received the first five-star resort classification from Ajman Tourism Development Department (ATTD) ahead of its official opening. Operated by Oberoi Hotels and Resorts, The Oberoi Beach Resort, Al Zorah, will open later this week and is located beside 247 acres of rich ecological wetland around which Al Zorah is centred. Faisal Al Nuaimi, general manager of the Ajman Tourism Development […]

Head and neck scans are one of the areas where Google’s DeepMind will be finetuning its health skills. Image: AKO Kung, Getty Images/iStockphoto Healthcare has always been seen as rich pickings for artificial intelligence: when IBM first decided to kit out Watson for use in the enterprise, its earliest commercial test was in cancer care. There are a number of reasons why health and artificial intelligence might […]

For traders trying to decipher if Opec’s output cuts are finally tightening the oil market, the evidence may lie out at sea. Data provided to the Financial Times show that crude oil being shipped over the oceans or stored on supertankers has dropped by as much as 16 per cent since the beginning of the year, in a signal that supplies could be dropping faster than many […]

KINSHASA, Congo — On Oct. 4, 2016, Etienne Tshisekedi made his final address to a crowd gathered in the courtyard of his party’s headquarters. The longtime leader of the Democratic Republic of the Congo’s opposition was visibly frail, and the speech, slow and hesitant, lasted only three minutes. But the old man still managed to rev up his followers, many of whom strained to hear from the […]

CIUDAD JUAREZ, Mexico A Mexican newspaper in the border city of Ciudad Juarez is shutting down due to the risk of violence after a string of killings of reporters around the country, the paper’s owner said on Monday. “Norte” ran a headline that said “Adios” on the front page of its Sunday edition and its owner, Oscar Cantu, explained in a letter he was shutting the newspaper […]

SEOUL South Korea’s Hyundai Motor Co (005380.KS) and Kia Motors Corp (000270.KS) have slashed vehicle production in China, people familiar with the matter told Reuters, amid diplomatic tensions and competition from local brands. China, the world’s biggest auto market, accounted for over a quarter of the pair’s 2016 overseas sales but their March sales there were hit by anti-Korean sentiment and competition from local automakers like Geely […]

Tesla, the upstart electric carmaker, surpassed US motor pioneer Ford in market value on Monday, as investors look to a future beyond the internal combustion engine. Shares of Tesla, founded in 2003, rose 7.3 per cent to a market capitalisation of $48.7bn, gliding past the 100-year-old Ford, whose shares fell 1.7 per cent after disappointing March sales results to a market value of $45.3bn. While it is symbolic for […]

By Julia Edwards Ainsley | WASHINGTON WASHINGTON The U.S. Department of Homeland Security announced steps on Monday to prevent the fraudulent use of H1B visas, used by employers to bring in specialised foreign workers temporarily, which appeared to fall short of President Donald Trump’s campaign promises to overhaul the programme. Trump had promised to end the lottery system for H1B visas, which gives each applicant an equal […]

The annual Cesco Week gathering for the global copper industry starts Monday in Santiago. For the first time in five years, attendees arriving in the Chilean capital can reflect on a copper price that is higher than at the previous year’s event. However, optimism that 2017 represents a turning point in the market should be tempered by the realisation that any sustained recovery in the copper price […]

TORONTO The Canadian arm of Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N), which makes the Jeep and Chrysler brands, led auto sales in Canada for the month of March, but General Motors Canada (GM.N) posted the biggest surge in monthly sales. FCA Canada sales were up marginally in March, with 26,531 cars and trucks sold during the month, compared with 26,469 a year ago. Ford Motor Co (F.N) sold […]

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