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Photo An Israeli settlement surrounded by a defensive wall near the West Bank city of Ramallah. Credit Thomas Coex/Agence France-Presse — Getty Images Right-wing Israeli politicians see Donald Trump’s election as helpful toward their goal of burying the prospect of a Palestinian state. On Wednesday, Israeli lawmakers gave preliminary approval to a bill that would retroactively legalize settlements built on private Palestinian land in the West Bank. […]

DUBAI // It may be a benefit ­reserved for the most well heeled, but the new Emirates Skywheels service, transporting luxury cars from Dubai, is sure to turn a few heads on runways around the world. There is nothing worse than having to settle for the standard rental car option when your pride-and-joy supercar is going to waste parked in the garage at home. But that could […]

“When the economic crisis hits the elite, it means the suffering is all over the place,” said Malak Rostom, the vice president of the student union. “If we can’t afford it, we can tell how much other people are suffering.” Continue reading the main story Some Egyptians may sneer at the problems of the children of middle- and upper-class families, worried about tuition increases that dwarf the […]

DUBAI // Two alleged pimps are accused of stabbing a man to death because he was harassing their prostitutes. The Vietnamese men, both aged 32, are charged with premeditated murder and with facilitating prostitution. They could not enter a plea at Dubai Criminal Court on Thursday due to there being no translator. Three Pakistanis, aged 20, 23 and 28, are also charged with physically assaulting the Vietnamese […]

BEIRUT, Lebanon — Eight hospitals bombed in the past week, five of them within the last 48 hours. Food stores running out of supplies. Scores of people killed in a single day. By Wednesday night, it was clear that the escalation feared for weeks in rebel-held parts of northern Syria was underway, as Russian and Syrian government warplanes carried out a second straight day of intense bombardment. […]

By Masayuki Kitano and Lisa Twaronite | SINGAPORE/TOKYO SINGAPORE/TOKYO The dollar caught its breath on Thursday, after charging to a 13-1/2 year high against a basket of currencies on bets the Trump administration will adopt inflationary policies, while the yen sagged after a Bank of Japan bond-buying operation. The dollar index, which tracks the greenback against six major rival currencies, eased 0.1 percent to 100.32 .DXY, after […]

Local authorities in London have approved Qatari Diar’s plans to convert the former US embassy building in Mayfair’s Grosvenor Square into a luxury hotel. The firm, the property development arm of sovereign wealth fund Qatar Investment Authority, bought the listed building in 2009. Later on this year, America will move its diplomatic presence from the site to Vauxhall. The plans approved by Westminster Council, will see two […]

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Amid his display cases of gold coins and jewellery, Suresh Jain was in bullish spirits as he considered Indian households’ traditionally strong demand for the precious metal. “There is no change,” said the 55-year-old owner of BJ Jain Jewellers, in Mumbai’s Zaveri gold bazaar. “Gold is a need of the people. It is not a luxury item; it is essential.” Indian prime minister Narendra Modi is putting […]

Pluto’s iconic icy heart is likely harboring a slushy ocean with layers of frozen nitrogen and water ice, which best explains the features revealed after the New Horizons spacecraft flyby, a new study suggests. What’s more, the dwarf planet may have once been walloped by a large comet that left a “giant scar” on its surface, which has since then been filled with heavy nitrogen ice, scientists […]

Photo The remains of Staff Sgt. James F. Moriarty were carried by an Army team at Dover Air Force Base in Delaware last week. Credit Steve Ruark/Associated Press JERUSALEM — American officials said on Wednesday that they were investigating the killing of three United States soldiers at a Jordanian air base this month as a possible terrorist attack and dismissed suggestions that the three had done anything […]

Global investor expectations of inflation have surged to their highest level in more than a decade, according to a survey of money managers that underlines how Donald Trump’s election as US president has electrified financial markets. More than 80 per cent of those surveyed this month by Bank of America Merrill Lynch believe that the global level of prices will rise over the next 12 months. Although […]

NEW YORK JPMorgan Chase & Co (JPM.N) shares dropped to a session low as volume jumped late in the trading session on Wednesday after Fox Business Network reporter Maria Bartiromo tweeted that the bank’s chief executive Jamie Dimon might get the Treasury Secretary position and a “big meeting” was planned on Thursday. Bartiromo tweeted she was “hearing” Dimon will get the position under President-elect Donald Trump with […]

Wednesday 17:00 GMT. US and European stocks were softer as the dollar hit a 13-year high and bond yields eased off multi-month peaks, as investors reined in bets that US president-elect Donald Trump’s pledge of infrastructure spending and tax cuts would accelerate inflation. In Europe, Germany’s Dax fell 0.7 per cent as shares in Bayer fell 4.2 per cent after the drugmaker raised €4bn to pay for […]

A popular measure of the dollar climbed to its highest level in more than 13 years, propelled by the expectation of rising US interest rates, the expectation of significant fiscal stimulus and concerns about the rise of populist forces in Europe. The DXY, an index that measures the dollar against a basket of its main peers and primarily weighted to the euro, gathered pace on Wednesday, rising […]

Photo Destroyed buildings in the Syrian village of Kfar Jales, near Idlib, on Wednesday, following air strikes by Syrian and Russian warplanes. Credit Omar Haj Kadour/Agence France-Presse — Getty Images LONDON — President Bashar al-Assad of Syria, in his first remarks since the American election, has called President-elect Donald J. Trump “a natural ally, together with the Russians, Iranians and many other countries” in the struggle against […]

The trade-weighted dollar has hit its highest level since the day US forces closed in on the capture of Saddam Hussein towards the end of the Iraq war more than 13 years ago. The index that measures the greenback against a basket of its peers gathered pace on Wednesday, rising to 100.530, reports Roger Blitz. That takes it past the previous intraday high of 100.510 reached on […]

By Alex Lawler and Rania El Gamal | LONDON/DOHA LONDON/DOHA OPEC officials are working to nail down details of their plan to limit oil supply and gaps over some sticking points are narrowing, OPEC sources said, a sign of progress in finalizing the exporter group’s first such deal since 2008. OPEC agreed in Algeria on Sept. 28 to limit supply with special conditions given to Libya, Nigeria […]

This year marks the 60th anniversary of the Suez Crisis that shocked the western world with its tangles of politics and nationalism, greed and opportunism, imperial manoeuvring and Cold War brinkmanship. Michael Doran, former White House Middle East adviser and a deputy assistant secretary in the department of defence under President George W Bush, in his new book Ike’s Gamble: America’s Rise to Dominance in the Middle […]

And yet it does. Among those bothered is Lod’s mayor, Yair Revivo, who is Jewish and announced last month that the city would broadcast the Shema, a central prayer that begins “Hear O Israel,” to counter the mosques’ call. Continue reading the main story The first of Islam’s five daily prayers begins before dawn, noted Col. Motti Yogev, a member of Parliament who introduced the new ban. […]

Wednesday 09:20 GMT. European stocks are tracking a mostly positive showing in Asia as Wall Street eyes record highs on hopes the Trump administration’s pledge of infrastructure spending and tax cuts will boost the US economy. The dollar and government bond yields are a touch firmer, keeping gold and industrial commodity prices in check. After the FTSE Asia-Pacific equity index rose 0.6 per cent, the pan-European Stoxx […]

Center for Public Integrity veteran John Dunbar has taken over as  the organization’s new chief executive officer. Dunbar, 52,  has worked at the Center for more than 12 years covering three separate stints. He first worked for the Center from 1999-2006, and during that time created the “Well Connected” project, an investigation of the political ties of the media and broadband industries. He came back briefly in […]

Photo Costa Rica players after a goal on Tuesday night. The Americans, tied for last place in their group, will have to wait four months to play again. Credit Moises Castillo/Associated Press SAN JOSE, Costa Rica — The defense was a shambles. The midfield had little presence. The attack, such as it was, just spun and sputtered. How bad was it? It is difficult to know where […]

TOKYO A pause in both the sell-off in global bonds and sharp rise in the dollar following Donald Trump’s election victory, together with Wall Street’s record high overnight helped Asian shares steady on Wednesday from a four-month low struck a day earlier. President-elect Trump’s plans to cut taxes and boost infrastructure spending would boost demand while his proposals to deport illegal immigrants and impose tariffs on cheap […]

Clouds, weather conditions and intense urban lighting may have prevented some people to see and appreciate the supermoon this week but there were lucky ones who were able to gaze and capture amazing photos of the moon. One man may have been luckier though as he was able to capture what some think is a video of UFOs passing by the lunar orb. The supermoon watcher managed to […]

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