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It isn’t magic but close. The Prisma app helps turn mere smartphone photographs into high-resolution artistic images with the use of its AI-based neural network servers. To enhance and tweak images on the app, Prisma performs precalculated algorithms. To keep its users, Prisma promises to deliver a continuous flood of new filters, features, and effects. Recently, the app also doubled the photo resolution to deliver high-quality output. […]

UNITED NATIONS — Defying extraordinary pressure from President-elect Donald J. Trump and furious lobbying by Israel, the Obama administration on Friday allowed the United Nations Security Council to adopt a resolution that condemned Israeli settlement construction. The administration’s decision not to veto the measure broke a longstanding American policy of serving as Israel’s sturdiest diplomatic shield at the United Nations. While the measure will have no practical […]

What a difference a year makes. Having ended 2015 as the worst performing sector on the S&P 500, energy stocks are on track to become this year’s biggest winners as this month’s rally in crude prices further extended the sector’s gains. Despite falling 0.1 per cent on Friday, the S&P 500 energy index is still up more than 25 per cent this year, making it the top […]

Just over six years ago, in December of 2010, we wrote “Charting America’s Transformation To A Part-Time Worker Society“, in which we predicted – and showed – that in light of the underlying changes resulting from the second great depression, whose full impacts remain masked by trillions in monetary stimulus and soon, perhaps fiscal, America is shifting from a traditional work force, one where the majority of […]

By Michelle Nichols | UNITED NATIONS UNITED NATIONS The Obama administration on Friday allowed the U.N. Security Council to adopt a resolution demanding an end to Israeli settlements, defying pressure from U.S. President-elect Donald Trump as well as Israel and several U.S. senators who urged Washington to use its veto. The resolution was put forward at the 15-member council for a vote on Friday by New Zealand, […]

Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. Most of us can feel unavoidably like Mongo in Mel Brooks’ “Blazing Saddles,” meaning a self-perception that “Mongo only pawn in game of life.” (YouTube) Yes, we all try to be philosophical but can lapse into merely being dim-witted, like […]

Aamir Khan’s new film Dangal is a weighty biopic in more ways than one. One of Bollywood’s most acclaimed actors, he put on a staggering 27 kilograms to play the role of former wrestler Mahavir Singh – then shed it all in just five months to shoot scenes of a younger, fitter version of the character during his wrestling heyday. Dangal, which is now showing at UAE […]

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The man suspected of attacking a Berlin Christmas market has been shot dead by police near Milan in Italy, closing a chapter on one of Germany’s worst terrorist incidents. Anis Amri, a 24-year-old Tunisian with links to Italy, died after being confronted by police near the Italian city early yesterday. Isis later released a video of Amri pledging allegiance to the militant group and promising to “slaughter” […]

Christmas is almost here (and so is Hanukkah), and so it is time for the Long View to revisit the offices of Hindsight Capital LLC once more. Hindsight Capital, for the uninitiated, is the hedge fund that beats all others year in and year out because it is endowed with 20/20 hindsight; it can see the future. The returns to clairvoyance are potentially infinite, so it has […]

Thousands of men, women and children from Myanmar’s Rohingya minority have fled the country over what the army is calling a crackdown on insurgents. A Wall Street Journal article examines the intensification of a long-simmering conflict between Yangon and the Rohingya Muslims, who are denied citizenship in the predominantly Buddhist Southeast Asian state. Here is a short history of the Rohingya people. 8th Century: The Rohingya, a […]

Experience a gastronomical culinary experience that has satisfied UAE audiences for nearly two decades 23 December 2016 Dubai, UAE: Award winning Indian Restaurant, Gazebo has opened five new outlets recently in Khalidiyah Mall Abu Dhabi, Al Twar and Business Bay, Al Shamkha Abu Dhabi and in Ajman. According to Irfan Gaya, Managing Director of Gazebo, the restaurant was initially set up to fill the gap in the […]

Shortly after the Berlin truck terrorism suspect Anis Amri was killed in a shoot out with Milan police, railway tickets found on Amri’s body showed he had traveled from Chambery in south-eastern France to Turin and then on to Milan, according to Italy’s Ansa. Which is strange because while he kept ticket stubs, he had virtually nothing else on him: Milan police said Amri was carrying few […]

Good morning. A media A-list’s favorite books of 2016 Jake Tapper, the CNN reporter-show host, needed far less time than even a hyperactive wire service rewrite guy to answer a question about his favorite book this year: “‘Moonglow’ by Michael Chabon.” Bam, that didn’t take long. But it’s why amid a Trump- and-terrorism-centric moment, I asked busy and smart journalists to go high when so many others […]

How long ago it seems — that post-referendum panic in the UK stock market. The pound plunged and the crowd ran into “safe havens” in the form of government debt, ditching those risky, tricky shares. On July 13, this column pointed out the folly of this strategy. At that moment, buying and holding the UK government’s 10-year bond guaranteed an annual return of just 0.9 per cent. […]

Social enterprise Proximity Designs’s 3D printer is making high technology accessible to Myanmar’s impoverished farmers Whizzing across a blue-lit platform with a whirr and a squeak, liquid plastic emanating from its chrome tip, the 3D printer seems a far cry from the muddy, crop-filled fields that fringe Yangon. But in an industrial park south of Myanmar’s commercial hub, the advanced technology is now being used to design […]

By Michael Shields and Arno Schuetze | ZURICH/FRANKFURT ZURICH/FRANKFURT Credit Suisse and Deutsche Bank have been hit with a combined penalty of more than $12 billion over the sale of U.S. toxic debt, further hampering two of Europe’s leading investment banks as they grapple with falling profits. The penalty puts them at a further disadvantage to larger U.S. rivals. Credit Suisse (CSGN.S) agreed in principle to pay […]

Net redemptions from emerging market equity funds reached a five-week high in the latest week amid pressure from the rising dollar and uncertainty about trade policy in the US, especially with China. Investors withdrew $3.7bn from emerging market equity funds in the week to Wednesday, according to EPFR Global, with Asia ex-Japan equity funds seeing net redemptions of $2.36bn, the largest since September of 2015. China equity […]

Nearly a decade ago, Warren Buffett bet Protege Partners, a fund of hedge funds, that over the course of 10 years the S&P would outperform Protege’s returns net of all fees, costs and expenses.  To make it real, the loser agreed to pay $1 million to the charity of the winner’s choice.   At this past year’s annual meeting, Warren Buffett provided an update on the now […]

Dec 23, 2016 10:30 am IST Sri Lanka is getting ready to join dozens of other countries that have broken festive records by building the world’s tallest artificial Christmas tree. A Wall Street Journal article explains why the tree nearly didn’t get made. Below are a few other holiday records that remain unbroken, according to the Guinness World Records. Tallest artificial tree Sri Lanka looks set to […]

The 26-year-old woman is suspected of uploading statements that insulted the ‘azan’ and Islam on Facebook. JOHOR BAHRU: The police detained a woman last night on suspicion of making a statement insulting the call to prayers (azan) and the Islam via Facebook. Johor police chief Wan Ahmad Najmuddin Mohd said the 26-year-old woman was detained at 8pm at a house in Taman Rekamas, Simpang Renggam, near Kluang, […]

By Karen Freifeld and Arno Schuetze | NEW YORK/FRANKFURT NEW YORK/FRANKFURT Deutsche Bank (DBKGn.DE) has agreed to a $7.2 billion settlement with the U.S. Department of Justice over its sale and pooling of toxic mortgage securities in the run-up to the 2008 financial crisis. The agreement in principle, announced by Deutsche Bank’s Frankfurt headquarters early Friday morning, offers some relief to the German lender, whose stock was […]

The volcanic eruption that formed the Campi Flegrei caldera about 39,000 years ago is believed to be the largest eruption in Europe in the past 200,000 years. The supervolcano on the coast of Italy last erupted in 1538. Now, the 7.5-mile-wide cauldron-like depression of the volcano shows signs of stirring up again after nearly 500 years of inactivity. Sleeping Supervolcano Shows Signs Of Reawakening In a new […]

Photo An Airbus A321 featuring the Iranian flag at an Airbus plant in Hamburg, Germany, this week. The acquisition of modern planes is an important achievement for President Hassan Rouhani of Iran. Credit Fabian Bimmer/Reuters The European aircraft manufacturer Airbus completed a deal on Thursday to sell 100 jetliners to Iran, a move described by both sides as a major step toward revitalizing Iran’s aged commercial fleet […]

SHANGHAI A massive load of garbage, including needles and broken bottles, has washed ashore on an island close to Shanghai, after two ships allegedly dumped more than 100 tonnes of waste in the Yangtze River, the Shanghai Daily reported on Friday. China’s speedy industrial development has seen it struggling to regulate waste disposal, leading to toxic waterways and cities blanketed in smog. The waste has been floating […]

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