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Submitted by Mike Krieger via Lberty Blitzkrieg blog, Today’s piece should be seen as a bit of a followup to yesterday’s post, India’s Demonetization Debacle Highlights the Dangers of Monetary Monopoly. While yesterday’s piece was more philosophical/strategic in nature, today’s zeroes in on some of the devastating real world impacts of Narendra Modi’s insane and inhumane cash ban. It’s hard to overstate the damage this policy has done to […]

By Thomas Wilson and Saeed Azhar | TOKYO/SINGAPORE TOKYO/SINGAPORE Japan Inc may become a more important force in dealmaking next year as its cashed-up companies seek to buy growth prospects elsewhere in the world and as Beijing’s crackdown on capital outflows prevents some Chinese companies from making foreign acquisitions, bankers and lawyers said. Facing tepid prospects at home after decades of stagnation amid a shrinking population, Japanese […]

The Asus Chromebook Flip is currently one of the most popular Chromebooks in the market, with its multi-form design, decent specifications and affordable price. The Asus Chromebook Flip is also the first one to gain access to the Google Play Store from the built-in Chrome OS to download Android apps. However, through a leaked listing on Newegg, the next Chromebook by Asus has been revealed. Could the upcoming Asus […]

Obama says Japanese leader’s Pearl Harbor visit shows power of reconciliation | Reuters ‘+Reuters.inlinevideo.title+’ ‘+Reuters.inlinevideo.length+’ ‘); } PEARL HARBOR, Hawaii U.S. President Barack Obama said on Tuesday Japanese Prime Minister Shinzo Abe’s visit to the site of the 1941 Japanese attack on Pearl Harbor showed the power of reconciliation. “This historic gesture speaks to the power of reconciliation. … A reminder that even the deepest wounds of […]

Your daily guide to community and cultural activities across the Emirates for December 28, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Dubai Art exhibition See the exhibition As If Anything Here Belonged To You, in which artist Cecilia Fattorini presents works about our impact on the world, sourcing her subject matter from the rhythms and […]

Cristina Fernández de Kirchner, Argentina’s former president, has been charged over corruption accusations in public works projects, marking the most significant legal setback for the embattled populist leader. Judge Julián Ercolini cleared the way on Tuesday for legal proceedings against Ms Fernández in what is the second of several cases being investigated to go to trial. She was indicted in May over allegations of manipulating the central […]

Russian sports officials had vehemently denied the doping operation’s existence despite a detailed confession by the nation’s former antidoping lab chief, Dr. Grigory Rodchenkov, in a New York Times article last May that was subsequently confirmed by global antidoping regulators. Continue reading the main story An investigator appointed by the World Anti-Doping Agency, Richard McLaren, published more extensive evidence this month that prompted the International Olympic Committee […]

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After a two-year experiment with free markets, the pain of low oil prices forced the world’s biggest producers to join forces in 2016 and tackle a global supply glut. Saudi Arabia-led Opec and non-member countries, primarily Russia, agreed after months of discussion and back channel diplomacy to cut production for the first time since the global financial crisis. Prices look set to end the year in the […]

By Andrew Osborn and Tom Perry | MOSCOW/BEIRUT MOSCOW/BEIRUT Russia’s foreign minister on Tuesday said the Syrian government was consulting with the opposition ahead of possible peace talks, while a Saudi-backed opposition group said it knew nothing of the negotiations but supported a ceasefire. In an interview with Interfax news agency, Sergei Lavrov did not say where the consultations were taking place or which opposition groups were […]

Christmas is now behind us and so are the attractive Christmas promotions, but there are still exciting Xbox One holiday deals running through the end of the year. Until Dec. 31, 2016, Xbox fans can get an Xbox One or Xbox One S console with a neat freebie such as a wireless controller, a stereo headset or a free game of their choice. “The holidays aren’t quite […]

LOS ANGELES // Actor Carrie Fisher, who found enduring fame as Princess Leia in the original Star Wars, has died. She was 60. Fisher’s daughter, Billie Lourd, said her mother had died on Tuesday just before 9am. Fisher was “loved by the word and she will be missed profoundly”, Ms Lourd said. Fisher had been in hospital since Friday when she suffered a heart attack on board […]

Global debt sales reached a record in 2016, led by companies gorging on cheap borrowing costs that are now threatened by Donald Trump’s pledge to fire up the US economy. The bond rally that dominated the first half of the year helped entice borrowers that issued debt via banks to take on just over $6.6tn, according to data provider Dealogic, breaking the previous annual record set in […]

Google plans to start the new year with a security message. (Image: Google) Beginning next month, the company will tag web pages that include login or credit card fields with the message “Not Secure” if the page is not served using HTTPS, the secure version of the internet protocol. The company on Tuesday began sending messages through its Google Search Console, a tool for webmasters, warning them […]

By Steve Gorman | LOS ANGELES LOS ANGELES Carrie Fisher, who rose to fame as Princess Leia in the “Star Wars” films and later endured drug addiction and stormy romances with show business heavyweights, died on Tuesday aged 60, her daughter said through a family spokesman. “It is with a very deep sadness that Billie Lourd confirms that her beloved mother Carrie Fisher passed away at 8:55 […]

Jeddah, Kingdom of Saudi Arabia, 27.12.2016  The Board of Executive Directors of the Jeddah-based Islamic Development Bank (IsDB), in its 316th meeting on Sunday, gave the final go ahead for injecting US $863 million in to new financing development projects in a number of member countries namely; Guinea, U.A.E, Bahrain, Morocco, Senegal, Togo, Djibouti, Chad, Jordan, and Mali. The meeting also approved to a number of important […]

Given the number of people in the city, New Yorkers rarely feel they’re on the same page with each other. The day after Donald Trump was elected United States president, however, they quietly mourned together. The weather, as if set in a Shakespearean drama, reflected the solemn state of the city’s inhabitants. In the days leading up to the election, the weather was perfectly crisp. The annual […]

In order to meet this demand for fresh content — a demand created by the process that supplies it — Jukin scales idle browsing to industrial proportions. A researcher, on average, watches 200 clips daily. That’s a thousand videos each week, or 50,000 per year, give or take. The company’s research is aided by proprietary software called Riff, which generates feeds based on niche viral keywords. Maybe […]

The low-for-long era is over. Central banks, fiscal activism and populism pricked the bond bubble in 2016. Next year will be a lot worse for bond investors, and the aftershocks of the burst will spread across many other assets. Since the crisis, investors have been buying bonds for capital gains and equities for yield, trusting in the holding hand of easy monetary policy. However, today the central […]

I am retiring from the Poynter Institute on New Year’s Eve. As my wife and I watch the ball in Times Square slide down to 2017, our fervent smooch will not just mark a new beginning. It will be the first celebration of almost 40 years well-spent. When my retirement was announced — along with the news that I would continue to work on some important projects […]

Engineers test a four-metre-tall humanoid manned robot dubbed Method-2 in a lab of the Hankook Mirae Technology in Gunpo, south of Seoul, on December 27, 2016. The giant human-like robot bears a striking resemblance to the military robots starring in the movie “Avatar” and is claimed as a world first by its creators from a South Korean robotic company. A giant South Korean-built manned robot that walks […]

By Patrick Graham | LONDON LONDON Share prices inched higher on Tuesday as trading in some of the world’s major financial markets resumed after a Christmas break, with oil and the dollar also rising marginally. Concerns about Italian banks, Chinese growth and U.S. President-elect Donald Trump’s protectionist bent look set to keep investors on edge into the start of 2017. But expectations the new administration will splash […]

DUBAI // A Pakistani man was attacked with a baseball bat by a man he had fought with three years ago, a court heard on Tuesday. “I was in Al Mamzar on October 2 last year when a man I had a fight with about three years ago arrived with a number of men and they assaulted me with their fists and then with a baseball bat,” […]

Since achieving global fame in 2000, Coldplay have elicited devotion and derision in equal measure. The question, then, is whether the British four-piece are one of the best bands of their generation – or the most overrated? Rob Garratt and Saeed Saeed state their cases. They are overrated Coldplay produce quintessentially mundane muzak for the masses. They are utterly innocuous, bitterly anodyne and completely forgettable audio dishwater, […]

Farah later said he was surprised that a “multibillionaire” would make so much time for a side project like this. But single-minded persistence is the essence of self-investigation. Trump, for instance, also continued to insist on the guilt of the Central Park Five — five teenagers, four black and one Latino, whose convictions in the 1989 rape and beating of a jogger were later overturned — long […]

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