Boosting spending on infrastructure and improving education could relieve some of the burden on the US central bank to support the economy, a top policymaker said on Monday amid speculation that Congress could push through a fiscal expansion after years of budgetary restraint. Stanley Fischer, vice-chairman of the Federal Reserve Board, said that the central bank did not need to be the only game in town and […]
By Timothy Aeppel and Mai Nguyen American companies from appliance makers to auto parts suppliers have lined up to offer a quiet caution to President-elect Donald Trump as he considers pulling the United States from trade deals: most lost manufacturing jobs aren’t coming back, but higher costs for consumers could. Consider the sneaker industry, one of the first to move to Asia because of the sharply lower […]
FUJAIRAH // An Emirati girl who suffered severe injuries when she fell from the second floor at her school in Fujairah has yet to return to classes and faces a long road to recovery. Alaa Al Abduli, 14, was sitting on a small wall at Lubaba bint Al Harith School, in Al Bidyah, near Fujairah City when she lost her balance and fell on October 4. She […]
Downtown Damascus feels busy and alive, with people boarding vans and buses to get to work as in any other city. But the heavy traffic is partly a result of the security checkpoints that have proliferated. Continue reading the main story We were forbidden to photograph checkpoints, but they are ubiquitous. Our government-required minder alternately castigated, teased and charmed the soldiers and militiamen to speed our passage. […]
The holidays are just around the corner, and along with it comes the time to have to think about what gifts to get for your loved ones. For our readers who are thinking about getting a gift for a friend or family member who is into video games, here are a few suggestions. Pixel Pals Lights (Photo : PDP) Let’s start off with something cute in the […]
In the latest in a series of protests against the North Dakota oil pipeline project, overnight an estimated 400 protesters clashed with police who fired tear gas at the scene of a similar confrontation last month. The protesters mounted the Backwater Bridge and attempted to force their way past police in what the Morton County Sheriff’s Department initially described as an “ongoing riot.” Protesters say the pipeline […]
The International Monetary Fund (IMF) is estimating $1 billion (OR 385 million) windfall for the Omani government from value added tax (VAT). The consumer tax, not conspicuously stated yet, will account for nearly 1.5 per cent of the gross domestic product though the amount can fluctuate depending on variables such as compliance rate and exemptions, the IMF said. VAT is expected to have a certain degree of […]
Sweden’s Henrik Stenson has won European Tour’s Order Of Merit for the second time after none of his challengers could replace him at the top of the money list on the final day of the DP World Tour Championship in Dubai on Sunday. Matthew Fitzpatrick holed a nerve-shredding four-foot putt at the 18th to win the season-ending tournament at Jumeirah Golf Estates, Dubai. The 22 year trailed […]
Submitted by Stephen Miller via HeatSt.com, The mainstream media continues to freak out over the spread of “fake news” on Facebook and other social media platforms such as Twitter and reddit. Hillary Clinton’s late campaign thinks this is a problem. The Democrat party seems to think people with Facebook accounts are to blame for Hillary’s decision to ignore crucial swing states in the final weeks of the campaign, that likely cost her […]
TOKYO Asian shares were on the defensive on Monday, undermined by fears that the strength in the U.S. dollar and rising U.S. bond yields since Donald Trump’s election to president could accelerate fund outflows from emerging markets. MSCI’s broadest dollar-based index of Asia-Pacific shares outside Japan .MIAPJ0000PUS dipped 0.1 percent, staying near four-month lows. In local currency terms, many markets are up slightly. Japan’s Nikkei .N225 rose […]
For the past year, Deutsche Bank was one of the most stubbornly pessimistic banks. Then, overnight, everything changed for one reason: Donald Trump. The German bank laid out its 180-degree change in opinion in a 30-page Friday note titled “Trump: the huge picture for stocks”, in which it revealed that it now expects the S&P to easily rise to 2,250 by Trump’s inauguration, and then rise to […]
Here are the questions being asked at FT markets as a new trading week begins after the pronounced swings in equities, bonds and currencies that followed Donald Trump’s election victory in the US. Are the dollar bulls running too fast? When currencies start motoring, forget speed limits. The dollar has accelerated markedly since election day. Pressure on emerging markets is rising, while the euro slid through $1.06 […]
Your daily guide to community and cultural activities across the Emirates, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Art exhibition See the exhibition Beautiful World, in which Zayed University student Narjes Noureddine showcases a calligraphy painting created in response to the poem Beautiful World, written by Sheikh Zayed, the founding President of the UAE. […]
Our round-up of the week’s best comment and analysis from the Financial Times focuses on how Donald Trump’s election produced an abrupt change of mood in the markets and examines which assets will now benefit. The selection is taken from our Markets Insight and Smart Money columns, written by industry contributors and FT commentators. Was there a financial markets equivalent of the “shy” Trump supporter to explain […]
20 November 2016 Exclusive report by UAE’s leading property search portal shows more than half of UAE online viewings are for properties renting for less than 100,000 per annum Yet the affordable housing segment, particularly low-priced villas, remains under-supplied and prices have increased, bucking broader market trends Dubai’s Discovery Gardens provides best yield in UAE at more than 10 percent, despite big drop in rental values this […]
Angela Merkel has said she will seek a fourth term as German chancellor, less than two weeks after Donald Trump’s election in the US left her as the west’s pre-eminent liberal leader. The German news agency DPA reported that she had told the leadership of her CDU party, which is meeting in Berlin, that she would stand again as a candidate for chancellor and party leader. The […]
By David Henry | NEW YORK NEW YORK JPMorgan Chase & Co is once again facing questions about who will succeed its larger-than-life chief executive after Jamie Dimon was courted by the incoming U.S. president for the role of Treasury secretary. Dimon, 60, has been running the largest U.S. bank for more than a decade and has faced questions about his longevity in the role before: when […]
Regional experts meet to discuss holistic approach to atrial fibrillation from diagnosis to treatment United Arab Emirates, Dubai – 20th November 2016 Boehringer Ingelheim and Medtronic have collaborated recently to develop a holistic approach to Atrial Fibrillation (AF) treatment solutions. Both Boehringer Ingelheim and Medtronic organized a two-day program which integrated both current evidence and clinical practice. The program, which has been certified and accredited by the […]
Your daily guide to community and cultural activities across the Emirates for November 19, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Ladies’ event Head to Yas Waterworld today for Ladies’ Day and enjoy access to more than 40 rides, slides and attractions in a private setting staffed entirely by women. Today, 10am to […]
A strong earthquake that hit New Zealand this week triggered tsunamis and landslides as well as killed at least two people and stranded thousands of others. What’s making people talk about the disaster though is the seafloor that emerged out of the water as a result of the tremor. Powerful Earthquake The 7.8-magnitude earthquake after midnight on Monday, Nov. 14 was so strong it lifted the sea […]
RIYADH: A 48-hour cease-fire announced by the Saudi-led Arab coalition on Saturday was violated many times by the Iranian-backed Houthi militias. Maj. Gen. Ahmed Al-Asiri, spokesman for the Arab coalition forces, told Arab News that the Houthis had violated the truce inside Yemen as well as along the border with Saudi Arabia. “Yes, they violated the truce by firing inside Yemen and on the border with Saudi […]
The organizers pressed ahead because holding the races near the large population of the Northeast corridor could pay dividends in revenue and attention. And if Killington’s gamble succeeds, it could set the stage for the region to become a fixture on the World Cup circuit. Continue reading the main story It is hardly a sure thing. Climate change has already troubled elite ski racing for several years […]
Sunday’s Grand Prix race in Abu Dhabi will decide who wins the F1 championship – and Sean Paul is just as revved up for his upcoming performance on the Corniche. The Jamaican dance-hall king will headline on Friday, day two of the free Beats on the Beach festival – followed by a show at Mad nightclub on Yas Island the same night – and says he is […]
As SHTFPLan.com’s Mac Slavo notes… While the powers that be are determining the fate of alternative media voices that are now branded under the dubious label “fake news” and blacked out from online search results, it is worth keeping in mind all the disinformation and downright lies that have been perpetrated by the corporate news media – typically hand in hand with a political agenda. Whether […]
