For years, editors have mocked the sports section, calling it the “toy department” of the newspaper. The unflattering moniker was applied to sports pages because they didn’t usually concern themselves with serious news like politics, the meat-and-potatoes of many newsrooms. Now, with the election of Donald Trump and the ascendency of politically minded athletes, that distinction is getting thrown out the window. So says Bryan Curtis, an […]
General Motor’s (GM’s) European car brand Opel will soon come under the PSA Group. The French automaker is quite close to completing a deal with Detroit-based car maker GM on Monday, March 6. GM it seems is finally dumping its European car business which was long standing and losing out money making its car business unprofitable. The acquisition was made in order to give a boost to GM’s […]
Photo Syrians in the rebel-held town of Douma, on the eastern outskirts of the capital, Damascus, last week. Credit Abd Doumany/Agence France-Presse — Getty Images The top United Nations diplomat working to resolve the civil war in Syria reported some progress Friday after nearly 10 days of talks, saying both sides finally had agreed on what he described as a “clear agenda” for further negotiations. The diplomat, […]
With its high growth rates and huge potential, battery demand is a key focus for metals markets. If 2016 was all about lithium, then 2017 should see cobalt start to attract greater attention. Prices have already accelerated to levels last seen in 2011, as rising demand from the core portable electronics meets relatively stagnant supply growth. And while risks remain — technological on the demand side and […]
KARACHI: The Panama Papers — a huge leak of documents detailing the alleged secret offshore holdings of global elite — were released in April 2016. The leak made headlines all-over the world, but its impact was probably most keenly felt in Iceland. Just two days after the leak appeared, Iceland’s prime minister had to resign from his office over protests by the people. Thousands of people had […]
The biggest issue facing the world of social media influencers is transparency. Should the person with 100,000 followers on Instagram (or 5.4 million followers as the keynote speaker, Joelle Mardinian, can boast) announce that she is being paid to promote a product? The inevitable tangents to the four hours of conversations tried to answer the question: what constitutes an influencer (or a content generator as one panellist […]
In a bill aimed at encouraging asylum seekers to leave voluntarily, Austrian lawmakers are considering halting the provision of food and accommodation to migrants who are denied asylum and refuse to leave the country. Austria took in roughly 90,000 asylum seekers in 2015, more than 1 percent of its population, as it was swept up in Europe’s migration crisis when hundreds of thousands of people crossed its […]
Speaking to American state governors this week in the state dining room of the White House, Donald Trump hit on a point that is of no surprise to investors: healthcare is “an unbelievably complex subject”. The Affordable Care Act, one of the two key pillars of the healthcare reform signed into law by former US President Barack Obama in 2010, is 906 pages long — the table […]
WASHINGTON President Donald Trump’s Treasury Secretary Steven Mnuchin used his first senior staff meeting last month to tell his new aides he would not tolerate leaks to the news media, three sources familiar with the matter said. Current and former officials said that in a departure from past practice, access to a classified computer system at the White House has been tightened by political appointees to prevent […]
Ismail, a 20-year-old Emirati, has rarely ever stepped into a bank branch. “You won’t believe I haven’t visited my branch for over a year. All my transactions are done online,” he says, as he clicks an app on his phone to make a payment. “I just paid my bill and that’s how it works for me. All the services are at my fingertips and I save immense […]
By Tulay Karadeniz | ANKARA ANKARA Turkish leaders condemned Germany on Friday for cancelling rallies of Turkish residents due to be addressed by Ankara’s ministers and accused Berlin of giving “shelter” to Turkey’s enemies. As the diplomatic spat between the two countries became increasingly angry, Turkish President Tayyip Erdogan said a German journalist being held in Turkey was a “German agent” and a member of an armed […]
Evan Spiegel gazed out over the floor of the New York Stock Exchange, where onlookers were recording him with his company’s retro-cool, video-enabled sunglasses, then rang the opening bell on Snap’s first day as a public company. Breaking the tech titan’s dress code in his suit and tie, he grinned and, unlike his biggest rival, made no grand proclamations about his company’s world-changing potential. Nearly five years […]
By Julia Edwards Ainsley | WASHINGTON WASHINGTON Women and children crossing together illegally into the United States could be separated by U.S. authorities under a proposal being considered by the Department of Homeland Security, according to three government officials. Part of the reason for the proposal is to deter mothers from migrating to the United States with their children, said the officials, who have been briefed on […]
BRUSSELS, March 03, 2017 – The Panama Papers scandal has highlighted how certain financial intermediaries and other providers of financial and tax advice appear to have actively helped their clients to conceal money offshore. It is against this backdrop that ALDE MEPs Petr Ježek (PANA Co-Rapporteur) and Michael Theurer (ALDE PANA Coordinator) hosted a high-level seminar Thursday, bringing together experts on this field, both at the technical […]
Juan Thompson, who was fired from The Intercept last year for fabricating quotes, has been arrested on suspicion of making bomb threats against Jewish community centers. Thompson, who joined The Intercept at the end of 2014, stands accused of one count of cyberstalking in addition to making eight threats against Jewish community centers, according to NBC News. An anonymous threat emailed to a JCC in Manhattan earlier […]
Researchers have devised a way to measure dopamine in the brain much more precisely than previously possible, which should allow scientists to gain insight into dopamine’s roles in learning, memory, and emotion. (via WSJ)
In the first stage of the Trump Rally (from the election to year-end), investors appeared to hedge as the market rallied. However, since the start of the new year, Goldman Sachs’ proprietary macro hedging indicator has traded along with equities, suggesting that investors are buying stocks and discarding protection. As Goldman’s John Marshall and Katherine Fogertey explain, the Trump rally has changed the market – Investors Stopped […]
JUBA South Sudan has arrested four soldiers after residents accused the army of beating and raping civilians in a small village near the capital last month, a military spokesman said on Friday, in a case that became a symbol of spiralling military abuses. The military launched an investigation after a local bishop brought five victims, including young girls, from Kubi village for medical treatment in the capital. […]
In just six short months, the Dubai Opera has made a seismic contribution to the emirate’s cultural scene, living up to its early promise by staging dozens of diverse musical and stage spectacles. But inside certain cultured camps, there may be the somewhat legitimate claim that, despite the name, we have not seen a whole load of opera. The opening weekend’s fleeting Rossini and Bizet productions forgotten […]
The heads of the London Stock Exchange Group and Deutsche Börse went to Brussels at the start of February on the verge of clearing a major obstacle for their historic €29bn merger. Xavier Rolet and Carsten Kengeter thought EU regulators were set to bless the deal they had been working on for more than a year. But midway through the meeting, Mr Kengeter stepped out to take an emergency […]
BEIJING China’s Foreign Ministry on Friday said it had expressed concern about a large-scale joint military exercise between South Korean and U.S. troops that began this week. The exercise, called Foal Eagle, comes amid heightened tension following the latest test launch of a ballistic missile by North Korea on Feb. 12. Previous such exercises have prompted threats by Pyongyang to launch military action in retaliation. “We have […]
Oman is now getting attention for what’s hidden underneath its craggy peaks. Majlis Al Jinn has the world’s ninth largest cave chamber, while the pools and caverns of Wadi Bani Khalid and Wadi Shab attract a growing number of visitors every year. Of the country’s many caves, Al Hootah is the only one with guided tours, and it reopened earlier this season four-years after severe floods in […]
April 3, 2016 Panama Papers leaked; Sharif family under spotlight The International Consortium of Investigative Journalists made nearly 11.5 million secret documents public. The documents contained confidential attorney-client information for more than 214,488 offshore entities, with the source of these leaks being a Panamanian financial law firm, Mossack Fonseca. Eight offshore companies were reported to have links with the family of Prime Minister Nawaz Sharif and his […]
For Friday’s sermon, the imam will discuss the rights of elderly people in society. Islam attributes a special status to the elderly and orders its followers to treat them with respect and show compassion to them in their old age. Honouring the old is even associated with exalting Allah, worshippers will hear. In Islam, serving older people, treating them mercifully, providing for their needs and comfort and […]
