The Trump administration’s sweeping dismissal of dozens of US attorneys held over from the Obama administration leaves the president with sudden gaps in top law enforcement positions across the country. The swift dismissals which began with Friday phone calls from Dana Boente, the acting deputy attorney-general, to 46 US attorneys, now puts pressure on the Trump administration to select candidates who will pass congressional scrutiny to fill […]
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 […]
Thanks to a new radar technique employed by NASA, India’s first lunar probe that went missing about eight years ago has finally been found. Chandrayaan-1 The Indian Space Research Organisation launched its first moon probe Chandrayaan-1 in October 2008 but less than a year after the spacecraft successfully entered lunar orbit, technical problems started to emerge. By August 2009, controllers lost contact with the spacecraft. After about […]
Property price increases were witnessed in some mid-market communities in Dubai during February but the overall market showed a continued softening in values, according to a new report. Real estate consultancy ValuStrat said its February residential ValuStrat Price Index (VPI) declined marginally due to falling prices in prime locations monitored by the index. However, monthly uplifts of between 0.4-1.9 percent were recorded for villas located in Arabian […]
Hedge funds run by women have outperformed a broader benchmark of alternative investment managers over the past five years, raising fresh questions about why there are so few female portfolio managers. The HFRI Women index has returned 4.4 per cent over the past five years, compared with a 4.2 per cent return for the HFRI Fund Weighted Composite index, a broader gauge of hedge funds across all […]
Her name is synonymous with delicate fragrances in luxury packaging; the very scent of aspiration. But Jo Malone spent years wondering if her sense of smell would ever find a new outlet, after selling her eponymous brand and walking away from the business – a decision she now says was “the biggest mistake” of her life. Yet after a lengthy hiatus in which she found her creative […]
Authored by Mac Slavo via SHTFplan.com, There is an inherent dilemma for most of the people living in cities. Even those who are aware of the extremely fragile fabric of society are often stuck living urban lives. Perhaps they plan to retire to a country abode, or construct a hideaway to escape to if the need ever arises, but for now, they are stuck in the city […]
Given the amount of Panameras you see on the roads here, you have to conclude that Porsche’s luxury family-moving saloon was a sizeable driver in the company’s significant rise in sales in the region last year. How heavily environmental concerns weighed on buyers’ minds while handing over their hard-earned cash – or if anybody at all decided against it in favour of holding out for an all-wheel […]
By Toni Clarke | WASHINGTON WASHINGTON U.S. President Donald Trump has chosen Dr. Scott Gottlieb, a conservative health policy expert with deep ties to the pharmaceutical industry, to lead the U.S. Food and Drug Administration, a White House official said on Friday. If confirmed by the Senate, Gottlieb would be in charge of implementing Trump’s plan to dramatically cut regulations governing food, drugs, cosmetics, dietary supplements and […]
In this May 13, 2015, file photo, Google’s new self-driving prototype car is introduced at the Google campus in Mountain View, Calif. Cars with no steering wheel, no pedals and nobody at all inside could be driving themselves on California roads by the end of 2017, under proposed new rules that would give a powerful boost to the technology from the nation’s most populous state. (AP Photo/Tony […]
WASHINGTON A series of tweets by White House spokesman Sean Spicer on Friday commenting on strong February job creation figures may have run afoul of federal guidance barring most officials from commenting on key economic data within an hour of its release. The rule, Statistical Policy Directive Number 3, is meant to “preserve the distinction between the policy-neutral release of data by statistical agencies and their interpretation […]
By Lucia Mutikani | WASHINGTON WASHINGTON U.S. employers hired workers at a robust pace in February, beating expectations, and wages grinded higher, which could give the Federal Reserve the green light to raise interest rates next week despite slowing economic growth. Nonfarm payrolls increased by 235,000 jobs last month as the construction sector recorded its largest gain in nearly 10 years due to unseasonably warm weather, the […]
Via Dmitriy Sedov of The Strategic Culture Foundation, The things European politicians have had to listen to from Recep Tayyip Erdo?an! Over the 14 years of his administration, this charismatic Turkish leader has managed to tally up a long list of the sins committed by the European Union and has often promised to make the EU pay a price for each of them. European politicians have not […]
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 […]
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 […]
ABU DHABI // Pupils will soon be able to learn about the country’s natural habitat when biodomes are built at their schools. To help educate the youth of the nation on plant science, local company Indkarta and the Environment Agency Abu Dhabi will erect biodomes – a form of greenhouse – planted with local mangroves, at schools. The company started the project at the Philippines Global School […]
Go green with envy with this week’s pick of fashion and beauty trends. newslide Trailblazing blazers For dapper men who like to be the life of the party, this one’s for you. Billionaire, a brand that’s part of Philipp Plein, has released a range of sharp, tailored blazers in jewel-toned shades, with jazzy, embroidered motifs. • Available at www.billionairecouture.com; from Dh7,510 newslide Killer kicks Trade in your […]
AIG is on the hunt for its seventh chief executive since 2005 after shareholder pressure in the wake of a $3bn quarterly loss prompted Peter Hancock to stand aside from the helm of the second-biggest US insurer by market value. Just a day after AIG directors held a board meeting to discuss his future, the company said on Thursday that the 58-year-old planned to resign. The former JPMorgan banker has struggled to return AIG […]
MANILA — Philippine President Rodrigo Duterte’s choice to fill his cabinet with old friends and left-wingers has come back to bite him, with a foreign secretary forced out for lying about his U.S. citizenship and an environment secretary facing pushback for her hard stance on environmental protection. In light of Foreign Affairs Secretary Perfecto Yasay’s resignation, Duterte on Thursday named Foreign Affairs Undersecretary Enrique Manalo as acting secretary. […]
The WikiLeaks-hosted “Vault7” collection of documents allegedly leaked from within the CIA’s Computer Operations Group is a messy mix of jargon, incomplete info, and broken (or redacted) links. The information is interesting, but it’s quite difficult to find a basic description of many of the terms used, even using the search function. So for everybody’s convenience I’ve gone through the whole pile of docs and listed as […]
The tour to the city included a special preview on the first ever complete model of the Sustainable City to be showcased at the Future Cities Show 2017 Dubai, 9 March 2017: The UAE Minister of Infrastructure Development, His Excellency Dr. Abdullah bin Mohammed Belhaif Al Nuaimi visited ‘The Sustainable City’ – the region’s first sustainable and integrated project and the first residential project in Dubai that produces clean energy, […]
She’s not going to call it the Polgreen Post. But count on New Huffington Post Editor-in-Chief Lydia Polgreen to make big changes to the digital news company, which will celebrate its 17th birthday in May. Coming is a “fairly significant reorganization” of HuffPost’s editorial staff aimed at retooling “a pretty robust newsroom to chase what I think our mission should be,” Polgreen told Recode Peter Kafka. That […]
Thursday 14:30 GMT Overview The euro is firmer and Bund yields are trundling higher with Treasuries after the European Central Bank stood pat on interest rates and indicated it was not looking to ease policy further. Oil prices tried to rally but have resumed their sell-off, putting energy stocks under pressure and weighing on equity benchmarks. Hot topic (1) After a period when politicians seemed to rule […]
A new urgency is gripping financial markets. Talk of a Federal Reserve rate increase next week is no longer the main conversation, with interest rate futures now pricing it as a near certainty. How quickly the Fed moves after March is now the hot topic. US jobs growth has been the catalyst. A survey by ADP revealed on Wednesday that 298,000 private sector jobs were created in […]
