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President-elect Donald Trump has begun nominating the people who he wants to represent U.S. interests abroad. But even Trump, who despite his “drain the swamp” mantra has been rewarding major campaign donors with prime positions in his cabinet, will find it difficult to match President Barack Obama’s legacy of sending top political patrons to the world’s poshest capital cities, according to a Center for Public Integrity analysis. […]

Thursday 15:20 GMT Overview A surge in the Chinese renminbi is contributing to selling of the US dollar, its retreat from 14-year highs rattling the broader market and boosting the price of gold. US and European equities are becalmed following a mixed Asian session, while Treasury yields dip from recent peaks despite what many analysts consider were a relatively hawkish set of minutes from the Federal Reserve. […]

By Yashaswini Swamynathan U.S. stocks were little changed on Thursday as a drop in banks and discretionary stocks were offset by gains in technology names. Investors are also assessing a host of economic data including the ADP payrolls report, which showed that 153,000 jobs were added in the private sector in December compared with economists’ expectation of 170,000. The report sets a precedent to Friday’s nonfarm payrolls […]

Police in Alabama arrested six African-American civil rights activists staging a sit-in at Senator Jeff Sessions’ office on Tuesday to protest his nomination for U.S. Attorney General, criticizing his record on voting rights and race relations. Sessions, 70, has a history of controversial positions on race, immigration and criminal justice reform. Members of the National Association for the Advancement of Colored People (NAACP) had vowed to occupy […]

The following people are mentioned as contenders for senior roles as U.S. President-elect Donald Trump assembles his administration before taking office on Jan. 20, according to Reuters sources and other media reports. Trump already has named a number of people for other top jobs in his administration. AGRICULTURE SECRETARY * Sonny Perdue, former Georgia governor * Elsa Murano, undersecretary of agriculture for food safety under President George […]

After seven years of stock markets climbing ever upwards, investors found a new reason to buy in November: the shock election of Donald Trump. One oft-repeated anecdote is how the billionaire investor Carl Icahn left Mr Trump’s victory party to buy US stocks. A few days later Stanley Druckenmiller, who earlier in the year told a conference for fellow hedge fund managers to “get out of the […]

ABU DHABI // Jail terms and heavy fines for people convicted of animal abuse are a welcome sign of the Government’s commitment to animal welfare, activists said. Individuals who are found guilty of abusing or the illegal hunting, buying or selling of animals face a heavier fine of Dh200,000 (up from Dh5,000) and a one-year prison term under Federal Law 18, which was issued late last year. […]

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BERLIN German investigators searched a refugee centre and a flat in Berlin on Tuesday which they believe were homes to associates of the Tunisian man who killed 12 people in an attack in the capital before Christmas, the federal prosecutor’s office said. Anis Amri, 24, ploughed a truck through a Berlin Christmas market on Dec. 19. Islamic State claimed responsibility for the attack, calling the assailant a […]

|By Matein Khalid|“Few individuals alter the course of history. Fewer still change the map of the world. Hardly anyone creates a nation state. Mohammed Ali Jinnah did all three”. Dr. Stanley Wolpert’s words still give me goose pimples two decades after I first read his book. Mr. Jinnah founded Pakistan and was also my ancestral kinsman. I too was born in Karachi, the city by the sea, […]

BERLIN Germany’s chief prosecutor has charged a 28-year-old German citizen with murder, belonging to a terrorist group and committing war crimes for his role in the execution of six detainees by Islamic State militants in Syria in 2015. The man, identified as Harry S. in court documents, has been in custody since returning to Germany in July 2015, shortly after prosecutors said he took part in the […]

Law Blog rounds up the morning’s legal news: Roof Competent: A federal-court judge on Monday reaffirmed that South Carolina gunman Dylann Roof is mentally competent, clearing the way for the sentencing phase of his death-penalty trial to begin on Wednesday. [WSJ; (via WSJ)

By Erik Kirschbaum | BERLIN BERLIN A new acronym coined by German police to describe troublemaking migrants from North Africa has sharpened a national debate over immigration and crime as the country recovers from a deadly attack and gears up for a vital election this year. Police in Cologne said this week they had prevented trouble on New Year’s Eve by screening some 650 ‘Nafris’ – an […]

After receiving multiple reports of people getting injured due to vehicles rolling way while still parked, the National Highway Traffic Safety Administration said it will be reviewing some Land Rovers and Jaguar XF sedans involved in these incidents. The federal safety regulator’s Office of Defect Investigation has received a total of seven consumer complaints of rollaway tendencies for the Land Rover Evoque 2012-2014 and the Jaguar XF 2013. In […]

By Ueslei Marcelino | MANAUS, Brazil MANAUS, Brazil The Brazilian government will relocate gang leaders to other federal penitentiaries after the country’s deadliest prison massacre in decades left 56 inmates dead in a scene of mutilated and burned bodies this week, officials said on Tuesday. Justice Minister Alexandre de Moraes said authorities would move quickly to identify and transfer the gang bosses out of the crowded jail […]

A plan to significantly boost the 4G coverage in Brazil will be the bedrock of the new national broadband plan, to be launched by the government at the end of the first quarter of 2017. According to a statement released by the Ministry of Science, Technology, Innovation and Communications (MCTIC), boosting 4G is essential since the sheer size of the country and areas of low demographic density […]

The Abu Dhabi Government has announced the list of public holidays planned for 2017. “The following list shows the public holidays in the UAE for the year 2017. The official reference to determine Islamic occasions, such as the beginning of Ramadan or Haj, is the Hijri Calendar. It is based on the phases of the moon. Hence, the exact dates of Islamic events vary from one Gregorian […]

While 2016 was the year the unlikely became real, currency investors enter 2017 no better equipped to tell the difference between reality and illusion. Brexit and Trump made a mockery of assumptions, shredded investors’ best-laid plans and turned political risk analysts into the most in-demand advisers of the year. The two big themes of 2016 will feel palpable during the first quarter of 2017. Donald Trump takes […]

But that consensus is cracking. Part of the reason is that the hundreds of writers who vote are, as a whole, becoming younger and seemingly less inclined to take an unyielding stance on steroid cheats. Continue reading the main story And part of the reason appears to be the decision last month to induct Bud Selig into the Hall. Selig, who served as commissioner of baseball as […]

Australian Attorney-General George Brandis has extended the deadline for those wanting to make a submission on whether the federal government should prohibit access by parties for civil proceedings to data retained by telecommunications providers under the data retention legislation. Submissions now close on Friday, January 27 — two weeks after the original January 13 submission due date. The Parliamentary Joint Committee on Intelligence and Security (PJCIS) had […]

Two weeks after a Tunisian man, Anis Amri, whose German asylum request had been rejected, rammed a truck into a Berlin Christmas market and was later shot dead by Italian police, the German state prosuector’s office said on Monday that a Syrian migrant who arrived in Germany two years ago was arrested on suspicion of seeking money from the Islamic State, to drive truck bombs into crowds. […]

There’s no question that Russia wanted Donald Trump to win the 2016 Presidential campaign. Trump’s own tweets stated he wanted the Russians to hack Hillary Clinton’s email. The Democratic National Committee (DNC) email was hacked. But the Department of Homeland Security and Federal Bureau of Investigation’s Joint Analysis Report (JAR) on Russian cyber attacks doesn’t prove the Russians were behind the DNC hacks. The P.A.S. web shell […]

LONDON Euro zone stocks opened 2017 by climbing to their highest in more than a year on Monday after data showed manufacturers in the currency bloc ramped up activity at the fastest pace in more than five years. With all of Asia’s major markets closed for the New Year holiday – along with Britain and Switzerland in Europe – trade was thin, which could cause some volatility. […]

By Erik Kirschbaum | BERLIN BERLIN A Syrian migrant who arrived in Germany two years ago has been arrested on suspicion of seeking funds from Islamic State to drive truck bombs into a crowd, a German state prosecutor’s office said on Monday. The arrest follows an attack two weeks ago when a Tunisian whose asylum request had been rejected rammed a truck into a Berlin Christmas market, […]

Welcome to a new year and the pressing market issues facing investors as they look to put money to work and navigate 2017. Geopolitical surprises upended expectations last year and few predicted that 2016 would end with a global bull market in equities, while bond yields remain relatively low. Will strategists be any better at forecasting this time around? Here are the big questions that will preoccupy […]

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