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By Gram Slattery | SANTIAGO SANTIAGO Chile’s government set to work on Monday repairing roads and restoring electricity to southern regions affected by a major earthquake that struck on Christmas Day, frightening thousands but resulting in no fatalities or major damage. The quake, a magnitude 7.6 centered off Chiloe Island northwest of Patagonia, caused thousands in the tourism and salmon farming region to evacuate to higher ground […]

Despite the warning for Western Australia to brace for a category 1 cyclone Yvette with a wind speed of around 101 miles per hour (164 kilometers per hour), NASA said a vertical wind shear has weakened the wind’s intensity. According to NASA, a visible-light image of tropical cyclone Yvette captured by the agency’s Radiometer Suite on NASA-NOAA’s Suomi NPP showed bulk clouds pushed north and west of the […]

One may assume the life of a member of a Royal Family is easy, right? After all, members receive the “royal treatment” all year long. But the truth is royal families are just like all our families. Their lives can include controversy, scandal and some drama. And this year was no different. Whether it was relationship rumours, links to the Panama Papers scandal, tax fraud trials or […]

Well before India’s surprise ban on using 86 per cent of its cash supply, rightwing circles were abuzz with speculation about prime minister Narendra Modi taking such a step to fight so-called black money. Mainstream economists paid little heed to the chatter — deeming it “too preposterous” to take seriously, given the economic damage it would inflict.  But with India now reeling from the acute cash crunch triggered […]

Recently, there has been an increase in anti-Semitic statements at the United Nations. Ambassadors have used its forums to accuse Israel of everything from harvesting the organs of slain terrorists to committing a “final solution” against the Palestinian people. In one case, a United Nations under secretary general has made coded comparisons of Israel’s actions to those of the Nazis during the Holocaust (a common anti-Semitic trope). […]

SEOUL The detained friend of impeached South Korean President Park Geun-hye, at the centre of a corruption scandal engulfing Park’s administration, said she was sorry on Monday when questioned by a special parliamentary committee, an opposition MP said. Choi Soon-sil, whom Park has said she turned to at difficult times, denied key allegations against her, including colluding with Park to pressure big businesses into paying money to […]

Egypt confirmed on Sunday that it had arrested an Al Jazeera news producer, accusing him of “provoking sedition” on behalf of the Qatar-based broadcaster that it considers a mouthpiece of the banned Muslim Brotherhood. Judicial sources said Mahmoud Hussain, who was detained on Friday, was being held on charges of disturbing public security and spreading false news. The Interior Ministry said in a statement that Al Jazeera […]

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MILAN/LONDON On the morning of July 29, former Italian Industry Minister Corrado Passera was traveling in a high-speed train toward the medieval city of Siena, racing to meet the directors of the world’s oldest bank to present them with a rescue plan. Monte dei Paschi di Siena, Italy’s third-largest lender, was destined to be wound down within months unless it could raise billions of euros and pull […]

Over the past year, technology and ‘sharing economy’ start-ups have continued their disruption of traditional industries — from Uber and other ride hailers’ shake-up of the taxi market to Airbnb’s myriad alternatives to conventional hotel stays. But which will be the next businesses to be challenged by further digitisation and automation? FT correspondents have looked ahead five to 10 years to identify those industry sectors and companies […]

Submitted by Michael Jabara Carley via Strategic-Culture.org, Relations between Russian president Vladimir Putin and US president Barack Obama are poisoned and irretrievably damaged. It’s therefore a good thing that Obama is leaving office on 20 January. Bad US-Russian relations are of course nothing new. Since the Anglo-American war against Iraq in 2003, the US-Russian relationship has been headed downhill. For Obama, it appears that everything has gotten […]

ABU DHABI // As Typhoon Nock-Ten struck the Philippines on Sunday, UAE residents voiced fears for relatives in their home country. Officials there warned 2.5-metre high waves and landslides posed the biggest threats as typhoon Nock-Ten, known locally as Nina, closed in on the Bicol peninsula and nearby islands. “It’s Christmas Day and we’re finding it hard to celebrate until we are assured of our family’s safety […]

This year saw the release of the biggest leak of documents in history, when the Panama Papers were made public. Eleven million documents were leaked from one of the world’s most secretive companies, Panamanian law firm Mossack Fonseca. They revealed in detail how parts of the offshore industry work. We asked you what stories over the last 12 months you wanted to hear more about and in […]

2016 was chock-full of surprises, both in markets and in politics. As Goldman’s Allison Nathan explains, the year began with a perfect storm of worries that had become all too familiar already in 2015. Oil prices plunged and fears of faltering growth and a sharp depreciation of China’s currency escalated, driving disruptive sell-offs in credit and other risk assets. Confidence in global growth faltered, particularly after an […]

By Jake Spring | NINGDE, China NINGDE, China A dusty village on the outskirts of Ningde, a third-tier city in China’s southeast, seems an unlikely place for the headquarters of a potential global leader in future automotive technology. Yet China’s top-down industrial policy diktats – move up the value chain, clean up polluted urban skies, and shift to plug-in cars – have Contemporary Amperex Technology Ltd (CATL) […]

There are probably those who fail to see the appeal of playing games in a portable computer. But this list of best gaming laptops for 2016 might just change your mind. Aorus X5 v6 Let us begin with the relatively unknown commodity: the Aorus X5 v6. This laptop can slug it out with the best in this list and emerge unscathed in the process. You can expect […]

In February, Anis Amri, a Tunisian refugee with a criminal past, was officially classified by the German authorities as a potential terrorist. For six months this year he was under near constant police surveillance. None of that helped. Amri went to ground and only resurfaced three days ago as the man investigators believe rammed a truck into a Christmas market in central Berlin, killing 12 people. The […]

Jim Gomez, The Associated Press Published Sunday, December 25, 2016 9:12AM EST Last Updated Sunday, December 25, 2016 3:43PM EST MANILA, Philippines — A powerful typhoon slammed into the eastern Philippines on Christmas Day, spoiling the biggest holiday in Asia’s largest Catholic nation, where a governor offered roast pig to entice villagers to abandon family celebrations for emergency shelters. Typhoon Nock-Ten was packing maximum sustained winds of […]

Qatar’s Nebras Power said on Sunday its subsidiary Nebras Power Netherland BV had completed the acquisition of a 35.5 percent stake in Indonesia’s largest independent power producer, PT Paiton Energy. PT Paiton Energy owns a 2,045 MW thermal power plant. Nebras announced the acquisition in a bourse statement. In October, Nebras’ chief executive Khalid Jolo told Reuters the company planned to acquire the stake from France’s Engie […]

ISTANBUL — When a Turkish police officer assassinated Andrey G. Karlov, Russia’s ambassador to Turkey, on Monday, it felt for a moment as if the whole world shook. The killing took place at a time of global uncertainty and reminded some observers of the start of World War I. The truth, however, is that despite shaky relations between Russia and Turkey in recent years, the assassination is […]

I’d like to be able to say France withdrawing from the EU is a potential downside catalyst for stocks. However, these days nothing matters. Stocks would go up if nuclear war was initiated wordwide. There’s literally nothing that can stop stocks from heading higher. But in the event you’re still nostalgic about news, France’s Le Pen wants stronger ties with Moscow, out of the EU and NATO — […]

By Jeffrey Heller | JERUSALEM JERUSALEM Israel summoned the ambassadors of 10 nations to Jerusalem to reprimand them on Sunday and had more harsh words for the Obama administration over a U.N. Security Council resolution demanding an end to settlement-building. Prime Minister Benjamin Netanyahu put his personal imprint on the show of anger by repeating at the weekly cabinet meeting what an unidentified Israeli government official contended […]

COTABATO CITY—The grenade explosion that left a police officer and 11 others injured outside a Catholic church in Midsayap, North Cotabato, on Christmas Eve was meant for the police, a local official said. Midsayap Mayor Romeo Araña told reporters that the main target of the attack by two men riding a motorcycle were the police officers who were part of the security during the Christmas Eve Mass. […]

Photo Israeli Prime Minister Benjamin Netanyahu attending the weekly cabinet meeting at his Jerusalem office on Sunday. Credit Pool photo by Dan Balilty JERUSALEM — Prime Minister Benjamin Netanyahu of Israel further escalated his criticism of the departing Obama administration on Sunday, publicly accusing it of having orchestrated the United Nations Security Council resolution that condemned Israel’s settlement construction. It was the second consecutive day of rising […]

DUBAI Iran said on Sunday it had negotiated to pay only about half the announced price for 80 new Boeing (BA.N) airliners in an order that the American planemaker had said was worth $16.6 billion. Boeing and its European rival Airbus (AIR.PA) have both signed huge contracts this month to supply airliners to Iran, the first such deals since international sanctions were lifted under a deal to […]

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