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 […]
If your New Year’s resolution is to try something that gets the adrenaline pumping and takes you out of your comfort zone then read on. We have rounded up 14 ideas to get you started. newslide Skydiving The ultimate thrill for adrenaline-seekers is a tandem jump from 13,000 feet over the Palm Jumeirah. Although somewhat pricey, this is a once-in-a-lifetime experience, but the fee includes a video […]
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 […]
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 […]
KABUL There was an angry reaction in Afghanistan to news that the first female fixed-wing pilot in the country’s air force was requesting asylum in the United States after completing an 18-month training course. The Afghan defence ministry confirmed on Sunday that Captain Niloofar Rahmani, 25, had sought asylum after the Wall Street Journal quoted her as saying that she feared her life would be in danger […]
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 — […]
BAGHDAD Christians in Baghdad celebrated Christmas on Sunday in a heightened state of fear after deadly attacks on Christian-owned shops that sell alcohol. Two shops next door to each other were riddled with bullet holes and spattered with blood after gunmen opened fire late on Friday in Baghdad’s Ghadeer neighbourhood. Police and medical sources said three people were killed and four wounded. Local activists gave a higher […]
BEIJING China needs to keep financial market liquidity stable and regulate its “money gates” to prevent asset bubbles, but it also needs to ensure a lack of liquidity doesn’t cause financial stress, according to a commentary in a newspaper owned by the People’s Bank of China. Chinese policymakers face a dilemma as they need to tighten credit to contain debt and speculative investment without triggering a wave […]
Morning people should avoid working late at night since insufficient sleeping hours paired with virtual increase in the total time spent awake in a day, can unfavorably affect the functioning of the human brain, says study. The Brain Experiment On Continual Sleeplessness And Visual Concentration The study published in journal Experimental Brain Research, was conducted by researchers from National Research University Higher School of Economics and Oxford University, […]
“Once you start doing good things week in and week out,” said Patriots cornerback Malcolm Butler, who had two interceptions and a fumble recovery, “you start to conquer teams.” Graphic Week 16 Playoff Trees: Explore Every N.F.L. Contender’s Path to the Postseason Exploring the playoff chances and potential seedings of every N.F.L. team that hasn’t been eliminated. OPEN Graphic Presumably, the Patriots will face better quarterbacks in […]
By Philip Pullella | VATICAN CITY VATICAN CITY Pope Francis on Sunday offered a Christmas hope for peace in a world lacerated by war and terrorism, urging people to remember migrants, refugees and those hit by economic instability caused by “idolatry of money”. Francis, marking the fourth Christmas season since his election in 2013, also urged Palestinians and Israelis, facing renewed tension after a U.N. resolution condemning […]
Dubai, UAE, 25 December 2016HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), has received HE Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA), at DEWA’s Main Office. HE Mattar Al Tayer was accompanied by a high-level delegation from RTA comprising Maitha bin Udai, CEO of the Traffic and Roads […]
BEIJING China’s largely rubber-stamp parliament passed a law on Sunday that will levy specific environmental protection taxes on industry for the first time from 2018, as part of a renewed focus on fighting the country’s pollution woes. Anger has risen in the world’s second-largest economy at the government’s repeated failure to tackle land, water and air pollution, with large parts of northern China enveloped in dangerous smog […]
As I was scrolling through my Instagram for the fifth time before I slept I saw a meme that was all too familiar. The meme was of an interviewer saying: “We are looking for someone between the ages of 22 and 26 with 30 years experience.” It made me laugh as it brought back memories of job rejections after graduating from university due to my lack of […]
TEHRAN: Iran’s capital might not seem like the most obvious pitstop for Santa Claus, but Iranians love the chintzy side of Christmas and it is also one of the safest places in the Middle East for Christians.The past month has seen shoppers flocking to the Armenian district of Somayeh — the biggest Christian area in the city — to pick up fake trees, and stock up on […]
SEOUL South Korea’s special prosecutor investigating a corruption scandal involving President Park Geun-hye said on Sunday it was considering whether to raid the presidential offices and if it did so, it had no choice but to do so publicly. Special prosecutors are investigating allegations that Park colluded with a friend, Choi Soon-sil, and aides to pressure big companies to contribute to foundations set up to back her […]
By Philip Pullella | VATICAN CITY VATICAN CITY Pope Francis said on Saturday that Christmas had been “taken hostage” by dazzling materialism that puts God in the shadows and blinds many to the needs of the hungry, the migrants and the war weary. Francis, leading the world’s 1.2 billion Roman Catholics into Christmas for the fourth time since his election in 2013, said in his Christmas Eve […]
Donald Trump intends to close his charitable foundation to reduce the number of potential conflicts of interest he faces, as the New York property mogul prepares for his inauguration on January 20 as the 45th president of the US. In a statement released on Christmas Eve, Mr Trump said he had instructed his lawyers to dissolve the charity without providing details on timing. The president-elect has faced considerable […]
Region’s Largest Financial Advisor Observes “Troublingly Low” Penetration Rates across the Country Key Benefits Include Medical Emergency Coverage, as well as Compensation for Flight Delays and Loss of Personal Belongings 22 December 2016 Dubai, United Arab Emirates UAE holidaymakers are putting themselves at increased risk of facing serious financial repercussions by not taking measures to adequately cover themselves in the event of a travel emergency, experts […]
The haiku is a powerful poetic form derived from the original Japanese style, with its structured three lines of five, seven and five syllables. David Lanoue, haiku poet and author, defines it as: “A one-breath poem that discovers connection.” They’re beautiful but not something you expect to find many of in the FT. However, in a fit of experimentation earlier this year, we created an algorithm that […]
More than a month after the election, the following sentence has become a cable news cliché: Journalists in New York and Washington, D.C. are out of touch with the rest of the country. It’s true. There’s a lot of local nuance that doesn’t make the national news. And it’s even true within cities like New York — growing up in the Bronx often meant watching reporters based […]
DUBAI Iran plans to ask international oil companies to bid for the second phase of development of its Yadavaran and North Azadegan oilfields, a senior official said on Saturday. That means Chinese firms China National Petroleum Corp (CNPC) [CNPET.UL] and Sinopec (0386.HK), which have played a leading role in developing the fields until now, will have to compete with other firms if they want to maintain that […]
