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 […]
Mohammed Ahli: Our airports are gearing up to serve up to 146 million passengers by 2025 Via Dubai Security Supplement features Angela Gittens of ACI and Michael Herrero of IATA Dubai, December 22, 2016: Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority (DCAA) and Chairman of Dubai Airports, said Dubai has successfully transformed innovation into a working culture in the government […]
A recent study shows that one in every six women diagnosed with breast cancer chose to have a double mastectomy. The results are worrying because many of the subjects do not seem to be properly informed regarding the risks and benefits of the radical procedure. A Difficult Choice In recent years, health specialists have noticed an increasing tendency among women diagnosed with breast cancer to have both […]
The power of a good interview to shed light on the personalities and themes driving the news agenda was demonstrated clearly in the year of tumult that has been 2016. As geopolitical shocks spread, a roll call of politicians, business leaders, celebrities and cultural figures sat down with the Financial Times to share their thoughts. In the UK, Theresa May revealed some insights into her brisk management […]
Christian Arbeit, a press officer for the club, joked that the renown of Union Berlin’s Christmas party had overshadowed the fame of the team itself. Mr. Arbeit, who served as the M.C. on Friday night (and also played a few songs on the trumpet in an ensemble that featured his mother on the clarinet and his father on the trombone), said the aim was to retain the […]
A round up of some of 2016’s most significant corporate events and news stories. Smartphone sales © EPA A bright start to the year for Samsung Electronicswent up in smoke, after it took the unprecedented decision to axe its Galaxy Note 7 line, following a spate of safety issues that saw the smartphone banned from aircraft, writes Nic Fildes. The 2016 Galaxy Note iteration won substantial praise […]
Ekster’s smart wallet. Photo: Ekster Wallets and their contents – cash, cards, tickets, receipts etc – will eventually be replaced by smartphones that work with electronic payments system. But while those have been available for years in some countries, most men still carry traditional wallets. That being the case, there should be a market for “smart wallets” that connect to smartphones, so you can find your wallet […]
By Rodrigo Campos | NEW YORK NEW YORK The year-end stocks rally on the heels of the election of Donald Trump as U.S. president was built on expectations of reduced regulations, big tax cuts and a large fiscal stimulus. Now signs are emerging from the Trump camp that harsher trade policies that could jeopardize the honeymoon are likely in the offing, and investors would be well advised […]
Last-minute trawls round malls or petrol-station flowers aside, it’s probably time to accept that it’s getting a tad late for thoughtful festive presents this year. But for car-idolising types who get the best gift of all this Christmas – cash, obviously – there are plenty of, err, wheely great gifts to splurge on from around the world. Innovative toys A few months ago, we reviewed the impressively […]
UNITED NATIONS: In a striking rupture with past practice, the United States allowed the UN Security Council on Friday to condemn Israeli settlements in the West Bank and east Jerusalem as a “flagrant violation” of international law. In doing so, the outgoing Obama administration brushed aside Donald Trump’s demands that the US exercise its veto and provided a climax to years of icy relations with Israel’s leadership.The […]
When that ultimately did not stop the Council from acting, Mr. Netanyahu’s team expressed blistering anger at Mr. Obama. An Israeli official, insisting on anonymity to maintain the veneer of diplomatic protocol, gave a statement to multiple reporters on Friday blasting Mr. Obama and his secretary of state, John Kerry, by name. Continue reading the main story “President Obama and Secretary Kerry are behind this shameful move […]
“The boundaries of uncertainty have increased [for fixed-income markets],” says Dan Ivascyn, chief investment officer at Pimco, the bond specialist that invests more than $1.5tn. “Rates certainly can go higher.” What is clear for bond investors is that they face a true test of their convictions in 2017 after an end to 2016 that challenged the consensus of low inflation and rates that, at one point, drove […]
Weakening encryption is against US nation interests, says a congressional working group. Image: iStockphoto Any attempt to weaken encryption is against the national interest, a group of US lawmakers has warned. The widespread use of strong encryption has lead to complaints from law enforcement agencies that they are unable to access to communications of criminals – the so-called ‘going dark’ issue. This has lead to calls for […]
AJMAN // The sight of dozens of malnourished stray cats and kittens on the streets of Ajman was enough to convince Alia Alchamaa to make the 140-kilometre round trip from her home in Dubai each day to help them. The Syrian travels to the corniche and the Al Nuaimia 3, Al Bustan, Al Rashidiya and Mowaihat neighbourhoods feeding as many of the animals as she can, paying […]
That longstanding principle has largely collapsed since the victory by Mr. Trump, who campaigned on a strategy of breaking all the rules and has continued to speak in unmodulated tones. Continue reading the main story “In some ways, Trump is neutering the Obama administration,” said Douglas G. Brinkley, a professor of history and a presidential historian at Rice University in Houston. “They’ve avoided personally attacking each other, […]
The renminbi’s seemingly endless grind lower against the US dollar has been one of the financial stories of 2016, triggering a wave of capital outflows from China that Goldman Sachs estimates may have totalled $1.1tn since August 2015. The once closely controlled Chinese currency has tumbled 6.5 per cent to an eight-year low of Rmb6.945 against the greenback this year, taking its slide since August 2015 to […]
The suspect in the Berlin Christmas market truck attack was killed in a pre-dawn shoot-out with police in a suburb of the northern Italian city of Milan on Friday, Italy’s interior minister said. “The man killed was without a shadow of doubt Anis Amri,” Marco Minniti said, referring to the 24-year-old Tunisian who is suspected of driving the truck that smashed through a Berlin market on Monday […]
Eileen Eagar was a single mom, working at a steel mill in Chicago. Feeding her two kids sometimes meant going out on a date, ordering the biggest steak on the menu and bringing the leftovers home. When we met her in the fall of 2016, she had married, moved to Arizona and started a career in real estate — the “best darn” realtor in Tucson, her husband […]
WASHINGTON U.S. federal authorities cautioned local law enforcement on Friday to be aware that supporters of Islamic State have been calling for their sympathizers to attack holiday gatherings in the United States, including churches, CNN reported. The warning, issued in a bulletin to local law enforcement, said there were no known specific, credible threats, CNN said. The notice from the Federal Bureau of Investigation and Department of […]
