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Before comedian Hasan Minhaj got up to poke fun at the assembled White House press corps last night, Bob Woodward and Carl Bernstein got up to celebrate it. The legendary Watergate duo gave a speech evoking their investigative reporting of the Nixon administration and calling on the current generation of journalists to practice careful, thorough and relentless reporting on the current White House. Below are their remarks, […]

We are already aware that dragonflies can do some incredible things for the survival of its species, like long-distance flying and anticipating a prey’s movements for a swift kill. The colorful fliers also exhibit some unusual behavior but it is not until now that a zoologist has been able to discern the peculiar behavior exhibited by females of the Aeshna juncea species. A study published on April 24 reveals that […]

Authored by EconomicPrism’s MN Gordon, annotated by Acting-Man’s Pater Tenebrarum, Seeing the Light It has been said that “the definition of insanity is doing the same thing over and over again and expecting different results.”  No one quite knows who first uttered this remark; it has been attributed to Albert Einstein, Mark Twain, Benjamin Franklin, and has even been said to be an Ancient Chinese Proverb.  What […]

By Lacey Johnson and Ian Simpson | WASHINGTON WASHINGTON A sea of protesters swarmed in front of the White House on Saturday to voice displeasure with President Donald Trump’s stance on the environment and demand that he rethink plans to reverse the climate change policies backed by his predecessor. The Peoples Climate March, the culmination of a string of Earth Week protests that began with last Saturday’s […]

Investigative Reporters & Editors, founded in 1975, is a nonprofit national organization dedicated to training and supporting journalists who pursue investigative stories.  “Panama Papers” also received the O’Brien Fellowship Award for Impact in Public Service Journalism from the American Society of News Editors. Judges in that contest said the project was honored “because of the breadth of its reporting, the strength of the partnership that yielded this […]

North Korea tested a ballistic missile on Saturday morning local time, in a provocative move that came just hours after Rex Tillerson, US secretary of state, called on UN member states to impose “painful” sanctions on the regime in Pyongyang. US Pacific Command, which oversees US forces in Asia, said North Korea launched a missile at 5.03am local time on Saturday from a location near Pukchang airfield, […]

WASHINGTON U.S. President Donald Trump on Thursday spurned the Taiwanese president’s suggestion that the two leaders hold another phone call, saying he did not want to create problems for Chinese President Xi Jinping when Beijing appears to be helping efforts to rein in North Korea. In a White House interview, Trump brushed aside the idea after Taiwanese President Tsai Ing-wen told Reuters on Thursday she would not […]

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By Karen Lema and Neil Jerome Morales | MANILA MANILA Malaysian Prime Minister Najib Razak on Friday warned that Southeast Asian countries needed to ensure their economic growth was inclusive, or risk marginalized populations turning to violent extremism or even overturning political systems. Speaking at an event for entrepreneurs during the Association of South East Asian Nations (ASEAN) summit in Manila, Najib said the region was posting […]

Since at its core, yesterday’s 1-page “tax plan” was a Goldman creation, who better to explain what Trump offered than Goldman Sachs itself, which it did overnight in a far lengthier note from its chief Washington analyst Alec Phillips.  Here is Goldman with an elaboration of the handful of bullet points contained on the much anticipated one page, extended to 6 pages. Q&A on the President’s Tax […]

By James Pomfret, Lawrence White and Sumeet Chatterjee | DONGGUAN, China/LONDON/HONG KONG DONGGUAN, China/LONDON/HONG KONG In the digital age, footfall in bricks-and-mortar outlets is an incomplete measure of business activity, but HSBC’s empty branches in the Pearl River Delta (PRD) suggest it’s not all plain sailing for the bank’s expansion in mainland China. HSBC, the world’s sixth-largest bank by assets, announced in 2015 that it would hire […]

Donald Trump has decided not to pull the US out of the North American Free Trade Agreement, agreeing instead with his Canadian and Mexican counterparts to “proceed swiftly” with negotiations to update the agreement, according to the White House.  The move came in hastily arranged calls between the three leaders after news leaked that the White House was considering unveiling an executive order on Saturday that would have […]

SHANGHAI China needs to raise its military capabilities to protect its growing overseas interests, its foreign minister said following the launch of China’s first domestically built aircraft carrier, but he vowed not to pursue expansionism. China launched the carrier on Wednesday amid rising tension over North Korea and regional worries about Beijing’s assertiveness in the South China Sea and its broader military modernisation programme. Speaking during a […]

Uber is making its vertical take-off and landing (VTOL) plans more concrete, via new partnerships announced today during its Elevate conference focused on the VTOL industry. The partnerships are with established aeronautics and emerging VTOL players, including Aurora Flight Sciences, Embraer, Bell Helicopter, Pistrel Aircraft, Mooney and ChargePoint, and will focus on two markets initially, including Dallas in the U.S. and Dubai abroad. The partners will provide […]

The finalized prototype of Google self-driving car. First, it was just a dream. Then it became a quirky research project undertaken by a handful of the nerdiest engineers in the robotics industry. Now self-driving cars are on the brink of transforming transportation. The industry creating the technology for autonomous vehicles has morphed from a collaborative space of free-flowing ideas into a high-speed road race where the winners […]

Photo Steven Mnuchin, left, the secretary of the Treasury, announced sanctions on Monday in response to a chemical weapons attack in Syria. “The United States is sending a strong message with this action that we will not tolerate the use of chemical weapons by any actor,” he said. Credit Stephen Crowley/The New York Times WASHINGTON — The Trump administration on Monday imposed sanctions on 271 employees of […]

The open call for the exit of United States from the Paris climate deal by none other than the head of the Environmental Protection Agency has shocked environmentalists. This is the first time a high-ranking Trump administration official such as EPA Chief Scott Pruitt has gone public with a call to scrap the historic agreement, which has been endorsed by more than 200 countries. Paris deal aims to […]

Malaysia and Abu Dhabi have reached agreement on a partial debt settlement for embattled government fund 1Malaysia Development Bhd (1MDB), the Straits Times reported, citing financial executives it didn’t identify. Under a deal that could be signed as soon as Friday, Malaysia would pay Abu Dhabi $1.2 billion before the end of this year and negotiate on a further $3.5 billion, the Singapore-based paper said. A proposed […]

April 22, 2017 by: Kathrin Hille in Krasnoyarsk When Kremlin officials are asked about Alexei Navalny, they like to laugh off the Russian opposition politician’s chances of challenging president Vladimir Putin. But this week the Kremlin appeared to signal that it does take Mr Navalny seriously after all. In a video published on YouTube on Wednesday, the politician who organised protests in more than 80 Russian cities […]

Len Blavatnik, the billionaire investor, has been cleared of fraud claims related to his $19bn buyout of Lyondell Chemical, according to a ruling from a US federal bankruptcy judge issued late on Friday. Mr Blavatnik combined Basell, his chemicals business, with Lyondell in 2007 to create LyondellBasell (LBI), funding the transaction with more than $20bn of debt. The business quickly collapsed from the combination of the financial […]

The Federal Reserve appears to believe that the size of its balance sheet matters, but not that bigger is better. The question is, why not? As the Fed pushes ahead with plans to shrink its stock of about $2.5tn of Treasuries and $1.8tn of mortgage-backed securities to “normal”, it is puzzling that officials haven’t provided a compelling case for why the move is either necessary or desirable. […]

US mortgage group Ocwen has lost more than half its market value after the Consumer Financial Protection Bureau sued it over “systemic” misconduct, a reminder of the power wielded by the Washington regulator that Republicans have vowed to rein in. Several states are also taking action as they prepare to revoke operating licenses for the New York-listed company, which was founded in 1988 and employs more than […]

The biggest risk, critics say, is that Mr. Trump will talk himself into a war. Only slightly less dangerously, he could weaken the nation’s standing by backing off from a threat to use force. Continue reading the main story “In Beijing, Moscow, Tehran, they are recalibrating their strategies — you can’t deny it — because they don’t have any idea of how Trump will respond,” said Senator […]

By Madeline Chambers | BERLIN BERLIN Germany’s Central Council of Muslims said on Thursday that the right-wing Alternative for Germany (AfD) was on a path to becoming a more radical, anti-Islamic party without co-chief Frauke Petry leading it into September’s national election. Petry had become the face of the anti-immigration party, which hurt Chancellor Angela Merkel’s conservatives during the migrant crisis but has leaked support this year. […]

By Roberta Rampton | JAKARTA JAKARTA U.S. Vice President Mike Pence toured Southeast Asia’s largest mosque on Thursday during a visit to Indonesia, calling the Muslim-majority nation’s tradition of following a moderate form of Islam “an inspiration to the world”. Pence, an evangelical Christian, has sought to use his trip to soften some of the harsher edges of rhetoric about the Muslim world used by U.S. President […]

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