By Rodrigo Campos | NEW YORK NEW YORK The year-end stocks rally on the heels of the election of Donald Trump as U.S. president was built on expectations of reduced regulations, big tax cuts and a large fiscal stimulus. Now signs are emerging from the Trump camp that harsher trade policies that could jeopardize the honeymoon are likely in the offing, and investors would be well advised […]
When that ultimately did not stop the Council from acting, Mr. Netanyahu’s team expressed blistering anger at Mr. Obama. An Israeli official, insisting on anonymity to maintain the veneer of diplomatic protocol, gave a statement to multiple reporters on Friday blasting Mr. Obama and his secretary of state, John Kerry, by name. Continue reading the main story “President Obama and Secretary Kerry are behind this shameful move […]
“The boundaries of uncertainty have increased [for fixed-income markets],” says Dan Ivascyn, chief investment officer at Pimco, the bond specialist that invests more than $1.5tn. “Rates certainly can go higher.” What is clear for bond investors is that they face a true test of their convictions in 2017 after an end to 2016 that challenged the consensus of low inflation and rates that, at one point, drove […]
A recent want ad for a job at a professional services companies had this interesting description: Photo: Joe McKendrick “Robotic Process Automation Analyst: Key responsibilities include: work with business teams to simplify and improve operations by analyzing as-is processes and create end-to-end automation solution designs… Work with process owners/SMEs and technology teams to analyse and assess automation feasibility… Document business requirements, processes and work instructions…. Operate as […]
On April 7, 14 large blue letters quietly disappeared from the outer walls of an office building in an exclusive neighborhood in northern San Salvador. One by one, the letters came down from the blue and beige stucco walls, leaving behind faint traces of the name of the law firm that had been working there just days before: M-O-S-S-A-C-K-F-O-N-S-E-C-A. Employees of the El Salvador branch of Mossack […]
A hundred years ago, an arms race between the dominant global superpower the (British Empire) and a rising power (Kaiser Wilhelm’s Germany) culminated in the mass slaughter of World War One. The deep mistrust between the United States and the People’s Republic of China has all the potential to spawn a traumatic chapter in international relations. Despite its “pivot” to Asia, the Obama White House was cautious […]
The chief executive of Lockheed Martin Corp told President-elect Donald Trump on Friday that she was committed to driving down the cost of the company’s F-35 fighter jet, a day after Trump took aim at the cost of the F-35 in a Twitter post. CEO Marillyn Hewson said she spoke with Trump on Friday afternoon and assured him that she had heard his message “loud and clear” […]
|By Arabian Post Staff|A Booz Allen Hamilton report discusses how the global retail sector is changing in the face of an unprecedented shift in customer behavior, fueled by advanced technology and wider acceptance of online shopping and ecommerce. The report titled ‘Next Generation Retailers: Power Up Your Analytics’ has found that investing in customer analytics offers exciting opportunities for the growth and development of the regional retail […]
That longstanding principle has largely collapsed since the victory by Mr. Trump, who campaigned on a strategy of breaking all the rules and has continued to speak in unmodulated tones. Continue reading the main story “In some ways, Trump is neutering the Obama administration,” said Douglas G. Brinkley, a professor of history and a presidential historian at Rice University in Houston. “They’ve avoided personally attacking each other, […]
The renminbi’s seemingly endless grind lower against the US dollar has been one of the financial stories of 2016, triggering a wave of capital outflows from China that Goldman Sachs estimates may have totalled $1.1tn since August 2015. The once closely controlled Chinese currency has tumbled 6.5 per cent to an eight-year low of Rmb6.945 against the greenback this year, taking its slide since August 2015 to […]
Eileen Eagar was a single mom, working at a steel mill in Chicago. Feeding her two kids sometimes meant going out on a date, ordering the biggest steak on the menu and bringing the leftovers home. When we met her in the fall of 2016, she had married, moved to Arizona and started a career in real estate — the “best darn” realtor in Tucson, her husband […]
Submitted by Federico Pieraccini via Strategic-Culture.org, Understanding the objectives and logic that accompany the expansion of nations or empires is always of paramount importance in helping one draw lessons for the future In this series of four articles I intend to lay a very detailed but easily understandable foundation for describing the mechanisms that drive great powers. To succeed, one must analyze the geopolitical theories that over […]
The Ostrich-like dinosaur Limusaurus inextricabilis that lived in what is now China 160 million years ago has a unique trait. It is born with teeth but eventually become toothless as it gets older. The creature was a two-legged dinosaur characterized by short arms and long, slender legs. The largest ones measured about 6 feet long or under 2 meters. Scientists believe they have down-like feathers that covered some parts […]
To most, it is sacrosanct; the idea of not playing on Boxing Day, New Year’s Day and various points in between is seen as somewhere between anathema and heresy. Photo Fabian Delph of Manchester City during his team’s Premier League match at home against Sunderland on Dec. 26, 2015. Credit Jan Kruger/Getty Images The week’s popularity bears that out: Even in the Premier League, where most seats […]
Each year at the Ira Sohn conference a group of the world’s best known hedge fund managers present their top ideas for what to buy in the stock market. The event is so closely followed by investors that it is not unknown for shares in companies that are picked to start rising before presenters have even left the stage. More recently, however, some of these celebrity investors […]
|By Arabian Post Staff| Saudi Arabia unveiled a $237 billion budget for 2017, an 8 percent increase from 2016, with projections of a record 33 percent decrease in the Kingdom’s national deficit. “Our economy is firm and it has sufficient strength to cope with the current economic and financial challenges,” said King Salman bin Abdulaziz.. “We have sought through this budget and its programs to improve the […]
National Development & Investment Company (ASAAS) has announced plans to build a 1.5 million square metre entertainment and leisure destination to be built in Barka, a coastal city in the north of the country. The company said the project will feature an integrated theme park, a wildlife and waterpark, an equestrian centre and edutainment centre as well as several hotels, a residential zone and retail areas. Khalid […]
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. […]
The UN Security Council has passed a resolution demanding that Israel stop building settlements in the occupied Palestinian Territories, after the US abstained in spite of ferocious criticism from Prime Minister Benjamin Netanyahu’s government. The resolution was passed with 14 votes from the 15-member security council, hours after a senior Israeli official accused US President Barack Obama of working “behind Israel’s back” to cook up the resolution, in […]
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 […]
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 […]
Dubai, United Arab Emirates- December 22, 2016-(ME NewsWire) Space Imaging Middle East (SIME) is pleased to announce that Crime Prediction- its latest predictive policing software- has been successfully launched by the Dubai Police force. The software, which is the first of its kind in the region, was developed in support of the UAE’s Smart Governance Initiative, and specifically designed to complement the Dubai Police force’s modernized approach […]
Photo Passengers leaving the hijacked Afriqiyah Airways plane at Malta International Airport on Friday. Credit Matthew Mirabelli/Agence France-Presse — Getty Images CAIRO — All 109 passengers and crew members on board a hijacked Libyan airliner en route to the capital, Tripoli, were released on Friday, hours after two men claiming to be carrying explosives forced the plane to divert to Malta, Malta’s prime minister said. The hijackers, […]
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 […]
