Via Nicholas Eberstadt of CommentaryMagazine.com, On the morning of November 9, 2016, America’s elite—its talking and deciding classes—woke up to a country they did not know. To most privileged and well-educated Americans, especially those living in its bicoastal bastions, the election of Donald Trump had been a thing almost impossible even to imagine. What sort of country would go and elect someone like Trump as president? Certainly not […]
Families of passengers on board missing Malaysia Airlines flight MH370 yesterday launched a campaign to privately fund a search for the aircraft.Flight MH370, carrying 239 people, went missing on its way from Kuala Lumpur to Beijing, nearly three years ago, on March 8, 2014.Australia, Malaysia, and China jointly called off a two-year underwater search for the aircraft in January.Grace Nathan, a Malaysian lawyer whose mother, Anne Daisy, […]
By Ayman al-Warfalli | BENGHAZI, Libya BENGHAZI, Libya East Libyan forces carried out air strikes around major oil ports on Saturday as they sought to regain control of the area from a rival faction, a military spokesman said. The eastern-based Libyan National Army (LNA) and allied forces retreated on Friday from Es Sider and Ras Lanuf, two of Libya’s largest export terminals, as a faction known as […]
Donald Trump accused Barack Obama of tapping his phones before the November presidential election and compared the situation to the Watergate scandal that forced Richard Nixon to resign. “How low has President Obama gone to tapp my phones during the very sacred election process. This is Nixon/Watergate. Bad (or sick) guy!” Mr Trump tweeted. In an early morning tweet storm, Mr Trump claimed without providing evidence that Mr Obama […]
Emerging markets had a third month of strong inflows into their equities and bonds in February, in a further sign of reviving optimism over an asset class that was expected to be caught in the crosshairs of any US move to protectionism. There were cross-border flows to EM assets of more than $17bn in the month, up from just over $14bn in January, data from the Institute […]
The Switch, Nintendo’s newest video game system, merges home gaming comfort and portability to create a unique, eye-catching platform. The nifty Joy-Con motion controllers foster the same casual-friendly gameplay that made the Wii a hit, while Switch’s tablet-style design and side-grip controller slots improve Nintendo’s Wii U vision. When you consider Nintendo’s dominance over the portable console market, it’s easy to imagine Switch following suit […]
Earlier this week, Japanese TV audiences glimpsed a potentially revolutionary contraption from the Matsue College of Technology that rapidly separates closed shijimi clamshells into those with a live mollusc inside and those without. Cut to footage of a human sorter, expertly performing the same function at a rate of just 90 kgs of shijimi per day and whose job this machine seems destined to replace. In other […]
KUALA LUMPUR Families of passengers on board missing Malaysia Airlines flight MH370 on Saturday launched a campaign to privately fund a search for the aircraft. Flight MH370, carrying 239 people, went missing on its way from Kuala Lumpur to Beijing, nearly three years ago, on March 8, 2014. Australia, Malaysia, and China jointly called off a two-year underwater search for the aircraft in January. Grace Nathan, a […]
Via Mac Slavo of SHTFPlan.com, Within hours of the election of Donald Trump the mainstream media, their politico counterparts and social media operatives began spreading the narrative that the President was only elected as a result of the dissemination of fake news. The term itself became a rallying cry for everyone from major search engines to massive social media websites who said they would create fact checking […]
Bahrain’s fiscal deficit will fall only marginally to 12.3 percent of GDP this year from 13.6 percent in 2016 as oil prices settle well below the country’s breakeven figure, according to ratings agency Fitch. The agency said it expects Brent to average $45 per barrel in 2017, nearly $40 below the breakeven price for the Gulf kingdom. Fitch Ratings affirmed Bahrain’s long-term foreign and local currency issuer […]
Microsoft is continuing to stamp out lots of bugs with its latest round of Windows 10 Creators Update test builds for Fast Ring Insiders. On March 3, Microsoft released Windows 10 Build 15048 for PCs and 15047 for phones. This is Microsoft’s second new Windows 10 Creators Update Fast Ring build for PC testers this week; the first, Build 15046, was on Feb. 28. The list of […]
Ismail, a 20-year-old Emirati, has rarely ever stepped into a bank branch. “You won’t believe I haven’t visited my branch for over a year. All my transactions are done online,” he says, as he clicks an app on his phone to make a payment. “I just paid my bill and that’s how it works for me. All the services are at my fingertips and I save immense […]
The Rare Disease Day on Feb. 28 brought the international spotlight on many rare disorders, with President Donald Trump mentioning the need for speedy drug clearances to combat such conditions. Among these, one mysterious yet serious genetic disorder is nail-patella syndrome, also known as Fong disease or HOOD syndrome. NPS comes with many issues such as the absence of nails, small kneecaps, or the total absence of kneecaps. The […]
Evan Spiegel gazed out over the floor of the New York Stock Exchange, where onlookers were recording him with his company’s retro-cool, video-enabled sunglasses, then rang the opening bell on Snap’s first day as a public company. Breaking the tech titan’s dress code in his suit and tie, he grinned and, unlike his biggest rival, made no grand proclamations about his company’s world-changing potential. Nearly five years […]
Investors are aggressively betting against US shopping centres using a derivatives index of commercial mortgage-backed securities that has slumped 10 per cent from its peak in January. The health of the US retail industry has been declining for several years but recent lacklustre holiday sales, alongside rising interest rates and a stronger dollar, have reflected the intensifying pressure across the roughly $150bn industry for commercial mortgages tied […]
COLOMBO Tourist arrivals in Sri Lanka fell in February for the first time since a nearly three-decade-long civil war ended in May 2009, government data released on Friday showed. It snapped a 93-month streak of tourist increases on the island, popular for its Indian Ocean beaches and varied wildlife. Tourism accounts for close to 5 percent of Sri Lanka’s economy. Arrivals in February edged down 0.4 percent […]
While equity market euphoria at the prospect of President Donald Trump’s spendthrift, deregulatory agenda remains undimmed, bond investors are sending a very different message. US equity gauges have continued to climb this year, propelled by hopes of deregulation, tax cuts, government spending and more business-friendly policies. This week all four of the biggest stock indices achieved yet another “Grand Slam” of fresh records in the wake of […]
BENGHAZI, Libya East Libyan forces carried out air strikes and clashed with rival factions on Friday close to major oil terminals, eastern military officials said. The strikes were carried out south of the coastal town of Nawfiliya against the Benghazi Defense Brigades, according to spokesmen for the eastern air force and for the local Petroleum Facilities Guard. A military source said clashes were continuing on the ground […]
March 3, 2017 by: Jamie Chisholm, Global Markets Commentator Friday 08:35 GMT Overview Stock markets are retreating as Wall Street equity futures dip further from this week’s record high as investors cash in some of their bullish bets on stronger growth following the election of US president Donald Trump. The pullback comes amid heightened expectations that the improving economic scenario will encourage the Federal Reserve to increase […]
Last month, The Intercept published a massive investigation into alleged war crimes committed by members of Seal Team Six, the elite naval special operations unit responsible for killing Osama bin Laden. The investigation, which spans five parts and thousands of words, was written by Matthew Cole, a longtime national security reporter whose resumé includes stints at ESPN the Magazine, ABC News and NBC News. In his capacity […]
People take part in a protest against corruption in Lima, Peru after a scandal involving bribes Brazil’s Odebrecht distributed in Peru, February 16, 2017 (Guadalupe Pardo/Reuters). A wave of corruption scandals has roiled Latin America in recent years, from Chile’s campaign finance affairs, through Mexico’s Casa Blanca revelations. Most recently, the information divulged in the December Odebrecht settlement has sent a shudder of fear across regional politics […]
The law firm at the centre of the Panama Papers scandal has quit New Zealand. The offices of law firm Mossack Fonseca in Panama City (file). Photo: AFP Mossack Fonseca hit the headlines last year when a massive leak revealed its role in helping its clients hide their wealth around the world, including in New Zealand New Zealand became a popular destination for Mossack Fonseca to set […]
The last thing many people before they do before they go to sleep is browse through their social media feeds until their eyes get too tired and they eventually turn in for the night–probably with their smartphone in or next to their bed. While they are shutting down for the day, chances are they aren’t powering down their phones. And the first thing they do when they […]
ABU DHABI // Jet fighters soared across the skies and tanks rolled along the beaches to the delight of the thousands who turned out for the largest military spectacle yet seen in the UAE. Complete with paratroopers, helicopters, surveillance aircraft, fighter jets and ground combat troops, Union Fortress – an Armed Forces event that included a mock hostage rescue from a ship off Abu Dhabi Corniche – […]
