While Republican lawmakers in Congress gear up for a drive to cut regulation on the financial sector, bankers and lobbyists have their eyes on another institution in the US capital — the Federal Reserve. On Wednesday Daniel Tarullo, the Fed governor who has been supervising US banks, leaves the institution after eight years during which he assumed a hardline reputation overseeing the rebuilding of US finance from the […]
Photo Rifaat al-Assad in Paris in 2011. A Spanish judge ordered the seizure of numerous properties associated with him or his family. Credit Michel Euler/Associated Press LONDON — Rifaat al-Assad, an uncle of President Bashar al-Assad of Syria, was named on Tuesday in a European money laundering investigation. A Spanish judge, José de la Mata Amaya, ordered the seizure of properties in Spain that are controlled by […]
In this Monday, April 3, 2017, photo, Tim Berners-Lee poses outside his office at the Massachusetts Institute of Technology in Cambridge, Mass. Berners-Lee, best known as the inventor of the World Wide Web, is this year’s recipient of the A.M. Turing Award, computing’s version of the Nobel Prize. The honor comes with a $1 million prize funded by Google, one of many companies that made a fortune […]
The ‘Panama Papers‘ scandal was one of the biggest data leaks in history. But a year on from the exposé by the International Consortium of Investigative Journalists (ICIJ), it appears to be simply ‘business as usual’; as few governments have meaningfully tackled the issues of tax avoidance and evasion. Unparalleled leaks The leak was huge. It contained 11.5 million documents, and named more than 200,000 companies, 14,153 clients in […]
Future of renewable energy in Africa discussed at the first Africa Renewable Energy Leaders Summit (ARELS) in Nairobi Future of renewable energy in Africa discussed at the first Africa Renewable Energy Leaders Summit (ARELS) in Nairobi Tuesday, April 4, 2017 The first Africa Renewable Energy Leaders’ Summit (ARELS) officially launched today at the Intercontinental Hotel in Nairobi. The two-day-long international conference organised by dmg events Middle East, […]
MOSCOW Russia’s state investigative committee said on Tuesday that the deadly St Petersburg metro blast was caused by a bomb that had possibly been detonated by a man whose body parts were found in one of the train carriages. “It has been ascertained that an explosive device could have been detonated by a man, fragments of whose body were found in the third carriage of the train,” […]
Submitted by James Durso “The lion is back in his den!” Hosni Mubarak, former President of Egypt, walked free last week after six years in detention on charges of murder and corruption. What does the U.S. have to show for it? Nothing. In January 2011, Egyptian activists planned protests against corruption, lack of economic growth, and the heavy-handed police tactics of the recent years. The protests were […]
BAGHDAD: US President Donald Trump’s son-in-law Jared Kushner visited Iraq on Monday with the top US military officer to meet Iraqi leaders and review the fight against Daesh, officials said.The visit comes as Iraqi forces battle to retake Mosul from Daesh with support from US-led air strikes that have recently been criticized for causing civilian deaths in the city’s west.Gen. Joseph Dunford, chairman of the joint chiefs […]
KINSHASA, Congo — On Oct. 4, 2016, Etienne Tshisekedi made his final address to a crowd gathered in the courtyard of his party’s headquarters. The longtime leader of the Democratic Republic of the Congo’s opposition was visibly frail, and the speech, slow and hesitant, lasted only three minutes. But the old man still managed to rev up his followers, many of whom strained to hear from the […]
Knowledge+™ provides Saudi leaders the skills to lead their own communications teams 04 April 2017Knowledge+™ provides Saudi leaders the skills to lead their own communications teams Al Riyadh – Leading public relations and communications agency Hill+Knowlton Strategies (H+K) has launched Knowledge+™, a communications training academy created as a solution to the talent development needs of the Middle East and North Africa region. Bridging the skills gap through […]
Imagination Technologies lost more than half its market value in a single day this week when the chip designer revealed that Apple, its largest customer, was developing its own version of the graphical processing units in which the UK-based group has specialised. Apple’s initiative to make a GPU, however, should not have come as such as surprise to investors. It follows several months of intensive recruitment by […]
Benjamin J. Rhodes, who was a foreign policy adviser to President Barack Obama, wrote on Twitter: “Kushner in Iraq before the National Security Advisor or Secretary of State. Totally normal.” Continue reading the main story That was not the only way the trip broke with usual government practice: On Sunday evening, as word of Mr. Kushner’s trip began to spread, the White House incorrectly told reporters on […]
By Jane Wardell | WELLINGTON WELLINGTON The tail-end of powerful Cyclone Debbie, which left a trail of destruction in northeast Australia, lashed New Zealand on Tuesday, closing highways and causing a major landslip. The storm hit parts of New Zealand still recovering from a devastating earthquake last November and the New Zealand Met office warned of several days of heavy rain, with some regions set to receive […]
One year ago today a group of more than 300 journalists in 79 countries sent a powerful message to the corrupt: you can no longer hide. The publication of the Panama Papers on 3 April 2016 was a shot heard around the world against corruption. Suddenly one of the most closely held secrets of the biggest criminals was revealed – where and how they hide their money. […]
MANILA Philippine President Rodrigo Duterte has fired his interior minister for “loss of trust and confidence”, the most senior government executive to be removed for corruption issues, two Cabinet officials said on Tuesday. The firebrand Duterte came to power 10 months ago on a platform of fighting drugs, crime and corruption to grow the economy. He has removed dozens of bureaucrats, two senior immigration officials and a […]
Under the patronage of Prime Minister and Minister of the Interior, His Excellency Sheikh Abdullah bin Nasser bin Khalifa Al-Thani, QDB will officially open 2nd Government Procurement & Contracting Conference and Exhibition – Moushtarayat 2017 – to the public from 6 to 8 April 2017 The expo is held in partnership with the Ministry of Finance (MoF) National Procurement Awards to recognize big buyers that have contributed […]
An executive of Marvel may have let slip that the PlayStation 4 exclusive Spider-Man being developed by Insomniac Games will be released this year. Spider-Man, one of the biggest surprises in last year’s E3, is being primed as Marvel’s answer to the Batman: Arkham franchise developed by Rocksteady. There has been no release date yet for the game, but it would seem that it is coming sooner than later. ‘Spider-Man’ […]
By Robin Emmott and Gabriela Baczynska | BRUSSELS BRUSSELS International donors are set to pledge billions more dollars for Syrian refugees at a two-day conference from Tuesday that the European Union says must also help prepare for an eventual end to more than six years of war in Syria. With millions displaced within Syria and in neighbouring countries, the United Nations has appealed for $8 billion this […]
An American of Iranian descent arrested in Iran in July and sentenced to 18 years’ imprisonment on dubious charges has been released on bail after he went on a hunger strike, rights activists reported on Monday. The American, Robin Shahini, who is 46 or 47, was released about two weeks ago, just before the start of Nowruz, the Persian New Year, according to the Center for Human […]
By Greg Torode and Michael Martina | HONG KONG/BEIJING HONG KONG/BEIJING China is steadfastly opposed to the deployment of advanced U.S. anti-missile radars in South Korea because it does not know whether the defences, intended for North Korean missiles, are capable of tracking and countering Beijing’s own nuclear programme, experts say. Beijing’s resistance to the THAAD (Terminal High Altitude Area Defence) anti-missile system put up south of […]
By Suleiman Al-Khalidi | AMMAN AMMAN Syrian jets on Monday bombed residential areas in the eastern countryside of Damascus killing and injuring dozens in some of the heaviest bombing raids on the main rebel enclave near the capital in months, residents and activists said. At least 22 people were killed and scores injured after four aerial raids hit a crowded district in the city of Douma, the […]
Tesla, the upstart electric carmaker, surpassed US motor pioneer Ford in market value on Monday, as investors look to a future beyond the internal combustion engine. Shares of Tesla, founded in 2003, rose 7.3 per cent to a market capitalisation of $48.7bn, gliding past the 100-year-old Ford, whose shares fell 1.7 per cent after disappointing March sales results to a market value of $45.3bn. While it is symbolic for […]
That big hug was just what Mr. Sisi’s government sought, said Eric Trager, a scholar on Egypt at the Washington Institute for Near East Policy. “It wants to see the White House legitimate it, and set it on a new course.” Continue reading the main story The scene provided a powerful counterpoint to Mr. Sisi’s many critics, in Egypt and abroad, for whom he is known as […]
The annual Cesco Week gathering for the global copper industry starts Monday in Santiago. For the first time in five years, attendees arriving in the Chilean capital can reflect on a copper price that is higher than at the previous year’s event. However, optimism that 2017 represents a turning point in the market should be tempered by the realisation that any sustained recovery in the copper price […]
