ESSEN, Germany German police sealed off and closed a shopping mall in the heart of the western city of Essen on Saturday after the security services warned of a possible terrorist attack. Germany is on high alert following deadly militant Islamist attacks in France and Belgium and after a failed asylum seeker from Tunisia drove a truck into a Berlin Christmas market in December, killing 12 people. […]
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 […]
By Trevor Hunnicutt and Gertrude Chavez-Dreyfuss | NEW YORK NEW YORK The U.S. Securities and Exchange Commission on Friday denied a request to list what would have been the first U.S. exchange-traded fund built to track bitcoin, the digital currency. Investors Cameron and Tyler Winklevoss have been trying for more than three years to convince the SEC to let it bring the Bitcoin ETF to market. CBOE […]
BEIRUT Syrian rebel groups called for the postponement of Russian-backed peace talks in Kazakhstan this month and said further meetings would depend on whether the government and its allies adhered to a newly declared March 7-20 ceasefire. The third round of talks is due to take place in Astana on March 14-15. The previous meetings aimed to shore up a widely violated ceasefire between the sides that […]
BEIRUT Iraqis formed the majority of the people killed in a double bomb attack targeting buses of pilgrims in Damascus on Saturday, the correspondent in the city for Hezbollah’s al-Manar TV said. Al-Manar said at least 40 people were killed in the double suicide attack near the Bab al-Saghir cemetery, not far from the Old City of Damascus. (Writing by Tom Perry; Editing by Toby Chopra) ‘); […]
Burkhard Varnholt last week paid €14 for lunch for two people at a smart restaurant in Berlin. “The euro is so cheap,” says Credit Suisse’s deputy chief investment officer. It is cheap because of one factor: Marine Le Pen. In normal circumstances, the euro would be trading a lot higher on the back of the eurozone’s record current account surplus, an unemployment rate at its lowest in […]
BEIRUT Two bombs exploded in Damascus on Saturday, and there were initial reports of fatalities, Syrian state news agency SANA reported. The bombs went off near a cemetery in the Bab Masala area of the city. (Writing by Tom Perry; Editing by Toby Chopra) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(”); var median = (relatedItemsTotal / 2); var $relatedContentGroupOne = $(‘.related-content.group-one ul’); var $relatedContentGroupTwo = $(‘.related-content.group-two ul’); $.each($relatedItems, function(k,v) { if […]
HODEIDAH At least 22 civilians were killed on Friday and dozens wounded when a Saudi-led coalition air strike hit a market in western Yemen causing a fire to break out, a local official said. Missiles launched by fighter jets of the Arab alliance hit a market selling the mild narcotic leaf qat, which is popular among Yemenis, near the Red Sea fishing town of Khoukha. Rescue workers […]
U.S. used-auto retailer Carvana LLC, which allows customers to pick up cars they buy on the internet from vending machine-like towers, has tapped investment banks for an initial public offering, according to people familiar with the matter. The move comes as more consumers become comfortable with online used-car purchases. TrueCar Inc (TRUE.O), for example, a car-shopping service that matches buyers with dealers online, has seen its shares […]
A federal judge in Wisconsin dealt the first legal blow to President Donald Trump’s revised travel ban on Friday, barring enforcement of the policy to deny U.S. entry to the wife and child of a Syrian refugee already granted asylum in the United States. The temporary restraining order, granted by U.S. District Judge William Conley in Madison, applies only to the family of the Syrian refugee, who […]
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 […]
Saudi Arabia’s is set to narrow during 2017 on the back of higher oil prices, discipline in spending and non-oil revenue measures, according to a new research note by Bank of America Merrill Lynch. BofA Merrill Lynch said it sees the 2017 budget deficit at SR316 billion ($85 billion), about 12 percent of the Gulf kingdom’s GDP, compared to a deficit of SR402 billion in 2016, which […]
Dubai, UAE, 9 March 2017: Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has been awarded with “Best Sukuk House” at the EMEA Finance Middle East Banking Awards 2016. The ninth edition of the EMEA Finance Middle East Banking Awards took place at the Conrad Hotel in Dubai recently, and celebrated the regional banking industry’s top achievers. Dubai Islamic Bank is an international leader […]
The way that markets are reported affects the way they are perceived, and the way that investors behave. So can the way journalists report the markets be measured? Are we doing a good job? Historically, it appears that we are not. This week, Diego Garcia of the University of Colorado at Boulder presented a paper to a conference on journalism and markets at Columbia Business School. Entitled […]
By Shadia Nasralla | VIENNA VIENNA Four planned Turkish political meetings in Austria were cancelled on Friday in the latest signs of unease across Europe over a series of campaign events to rally support among expatriate Turks for President Tayyip Erdogan. A spokesman for police in the city of Linz said the private owner of a venue there had cancelled an event featuring a party colleague of […]
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 […]
Late last year, an international team including researchers announced the discovery of more than 60 extremely distant quasars, nearly doubling the number known to science – and thus providing dozens of new opportunities to look deep into our universe’s history. (via WSJ)
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 […]
The middle ground isn’t exactly a term that many sports-car manufacturers would like associated with their tarmac-gobbling wares, but that’s exactly how Porsche positions the premium on-road niche in its long-celebrated 911 range. But its pitch explains everything: the GTS is a notch below the try-not-to-get-killed madness of the GT3, marrying sporty intent with everyday usability, making it the most-aggressive 911 this side of its race-ready road […]
Saudi Arabian corporate earnings may finally have bottomed out after two years of falls due to low oil prices and the government austerity which followed, with the petrochemicals sector leading signs of recovery. But a sharp rebound is unlikely for companies in the Middle East’s biggest economy as further austerity looms and they are competing for customers who are no longer flush with cash. Analysts say stronger […]
OTTAWA U.S. Homeland Security Secretary John Kelly on Friday met Canadian officials to discuss an influx of asylum-seekers crossing into Canada from the United States that is putting pressure on Prime Minister Justin Trudeau. Emergency responders and the Royal Canadian Mounted Police are struggling to respond to people defying wintry conditions to cross the undefended border near Emerson, Manitoba. So far several hundred asylum seekers, mainly from […]
Think to log in, please. Credit: Syda Productions/Shutterstock Biometrics – technology that can recognise individuals based on physical and behavioural traits such as their faces, voices or fingerprints – are becoming increasingly important to combat financial fraud and security threats. This is because traditional approaches, such as those based on PIN numbers or passwords, are proving too easily compromised. For example, Barclays has introduced TouchID, whereby customers […]
Authored by former Ohio State Senator Nina Turner viaThe Hill.com, My grandmother used to say, “You can put truth in the river five days after a lie; truth is gone catch up.” Well, here’s the truth: The working men and women of this country are working more jobs and more hours, and they’re still barely hanging on. Beneath those fingertips, they can feel that middle-class dream – […]
DETROIT Volkswagen AG (VOWG_p.DE) pleaded guilty on Friday to three felony counts as part of a $4.3 billion plea agreement reached with the Justice Department in January over the automaker’s massive diesel emissions scandal. VW general counsel Manfred Doess made the plea on the company’s behalf after he said at a hearing in U.S. District Court in Detroit that he was authorized by the board of directors […]
