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Asia Pacific Philippine lawmakers started hearing an impeachment complaint against President Rodrigo Duterte on Monday, which alleges he betrayed the public trust over his “defeatist” approach to China and had abused his power during a bloody anti-drugs campaign. Philippine President Rodrigo Duterte attends the opening plenary of the World Economic Forum on ASEAN at a hotel in Phnom Penh, Cambodia, May 11, 2017. REUTERS/Samrang Pring MANILA: Philippine […]

WASHINGTON President Donald Trump is trying to determine how keeping his promise to move the U.S. Embassy in Israel to Jerusalem could affect his hopes of brokering a peace deal between the Israelis and the Palestinians, his secretary of state said on Sunday. Since taking office in January, Trump has shown signs of shelving his campaign pledge to move the embassy from Tel Aviv, while vowing to […]

Model-of-the-moment Winnie Harlow will walk the runway during Arab Fashion Week at The Meydan Hotel in Dubai this week. The 22-year-old Canadian, who has the depigmenting skin condition vitiligo, is one of many famous figures taking part in the event, which runs from ­tomorrow until Saturday. “Cardi B, the American influencer and hip-hop artist, will be flying in,” says Jacob Abrian, chief executive of the Arab Fashion […]

The Federal Reserve is actively considering a profound change in US monetary policy, in effect the reversal of quantitative easing (QE). In its March meeting, the FOMC discussed its strategy for the future run down of its balance sheet, and said that further debate would take place in upcoming meetings. The FOMC has already concluded that “a change in the Committee’s reinvestment policy would likely be appropriate […]

VIENNA Austria will hold a snap parliamentary election this year, probably in the autumn, Chancellor Christian Kern told ORF TV on Sunday, hours before the conservative party in his coalition was due to meet to choose a new leader. Foreign Minister Sebastian Kurz, who is widely expected to take over as leader of the conservative People’s Party, has said he wants to hold a snap election, which […]

BEIJING British finance minister Philip Hammond said on Sunday Britain is a natural partner for China’s new Silk Road programme, and as it leaves the European Union (EU) it wants more trade with the world not less. China is one of the countries Britain hopes to sign a free trade agreement with once it leaves the EU, and London and Beijing have been keen to show that […]

TUNIS Several thousand Tunisians marched through central Tunis on Saturday to protest against a bill that would grant amnesty to businessmen accused of corruption when autocrat Zine El-Abidine Ben Ali was in power. Critics of the Economic Reconciliation bill say it is a step back from the spirit of Tunisia’s 2011 revolution to oust Ben Ali but government officials say it is a way get the businessmen […]

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     “The hope that consumer and business spending will surge is probably just that, hope.”       – Joel Naroff, President of Naroff Economic Advisors and TDn2K Economist So another chain restaurant is “preparing” to bite the dust. Ignite Restaurant Group, which operates the Joe’s Crab Shack chain with 113 locations and the Brick House Tavern chain with 25 locations, and used to operate the Romano’s Macaroni Grill […]

ABOARD AIR FORCE ONE U.S. President Donald Trump said on Saturday he wants to move quickly to nominate a new FBI director to replace James Comey, who he fired this week. Trump told reporters traveling with him on Air Force One that he may be able to make his decision on the Federal Bureau of Investigation head before he leaves in his first foreign trip later next […]

Elon Musk has an ambitious goal to decongest traffic through underground tunnels and he’s now shared footage of the project, but tread lightly. The video comes with a warning that it might trigger seizures or cause motion sickness. It shows a test run of an electric sled that would swiftly move cars through the tunnels at 125 mph (200 km/h), automatically shifting from one tunnel to another. […]

Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. It’s unclear where to start with President Trump’s interview with NBC’s Lester Holt that left the White House second-string spokesperson on a precipice better associated with the Flying Wallendas. “Trump’s account flatly contradicts the White House’s initial account of how […]

Andrew Restuccia wanted the answer to a simple question: Who was visiting the White House? After doing some digging, the Politico senior policy reporter was able to show that CEOs in the auto, energy and airline industries were among some of President Trump’s most influential guests. But when the White House announced in April that it would not publish a record of visitor logs, he decided something […]

MEXICO CITY General Electric Co (GE.N) Chief Executive Jeff Immelt is keen to double the conglomerate’s purchases from Mexican suppliers next year, the Mexican president’s office said in a statement on Friday, a move that could upset U.S. President Donald Trump. Immelt met with Mexico’s President Enrique Pena Nieto in Mexico City and will spend a few days in Latin America’s No. 2 economy at a time […]

May 12, 2017 IMPHAL, India – Fifteen seconds into the opening match of the 10th Manipur International Polo Tournament, after a long and feverish drumming performance, after the Manipur state chief minister had been properly honored with gifts and praise, after mounted players had paraded around the Mapal Kangjeibung polo ground with country flags held high, the home team scored on the Australians. It was a bright […]

By Nick Carey | ORWELL, Ohio ORWELL, Ohio Three years ago if a customer walked onto Dan Reel’s used car lot seeking a late-model off-lease Ford Escape, his answer was short: tough luck. The supply of lightly-used cars and trucks was tight because automakers had drastically cut back on bargain leases during and after the Great Recession. Recently, though, a computer search for available used vehicles within […]

This image shows the stage of the Microsoft Build developers conference in Seattle, Washington on May 11, 2017, where the tech giant unveiled new hardware for “mixed reality” computing Microsoft on Thursday debuted hardware for reaching into virtual worlds powered by its technology as it looked to “mixed reality” as the next big computing platform. An update coming to Windows 10 operating system later this year will […]

Female professionals in Singapore are calling it quits, as 77% of them set their sights on better job opportunities in the next 12 months, according to findings from a new study by Monster.com. The study, which surveyed over 2,000 respondents across Southeast Asia, sheds light on the challenges women and mothers face in the workplace. Through the study, Monster.com wants to help employers understand how to bridge […]

By Diana Asonova | YAKUTSK, Russia YAKUTSK, Russia For millennia, extinct mammoths lay undisturbed in the permafrost in Russia’s Yakutia region. They have now turned into a source of wealth, and the local government is keen to start tapping it. Mammoth ivory is highly sought after for use in trinkets and jewelry, especially in Asia. The material is promoted by people in the trade as an ethical […]

There can’t be many global brands that have the means, or even the inclination, to shut down an entire city block in Los Angeles – but that is precisely what Hermès did earlier this year. As part of its touring spring/summer 2017 men’s collection, for one night, Hermès transformed a forgotten warehouse in Los Angeles into DwnTwnMen LA, an interactive exhibition, fashion show venue and art space. […]

By Tom Perry and Laila Bassam | BEIRUT BEIRUT Lebanon is on the brink of crisis again with its politicians at odds over an election law at the heart of the nation’s sectarian system, threatening to leave the country without a parliament for the first time. Parliament’s term expires on June 20 and without a compromise Lebanon faces what one minister has called the most serious political […]

But the candidates still provide significant choices compared with elections in many other Middle Eastern countries. Continue reading the main story The incumbent president, Hassan Rouhani, promotes economic and social freedoms. His main opponent, Ebrahim Raisi, the head of the country’s wealthiest religious foundation, opposes many such ideas and wants Iran to become more self-sufficient. Televised debates this year have been held with new restrictions, in contrast […]

By Ben Blanchard | BEIJING BEIJING When leaders of 28 nations gather in Beijing next week for a summit to map out China’s ambitious new Silk Road project, one question is likely to be on attendees’ minds – what exactly is the Belt and Road Initiative? Proposed in 2013 by President Xi Jinping to promote a vision of expanding links between Asia, Africa and Europe underpinned by […]

By Nichola Saminather | SINGAPORE SINGAPORE Asian stocks rose early on Thursday, getting a lift from a record high close on MSCI’s global stocks benchmark after strong gains in oil prices buoyed energy stocks globally. Oil prices held on to 3 percent-plus overnight gains, their biggest one-day jump since Dec. 1, following a steep drop in U.S. inventories and support from Iraq and Algeria for an extension […]

Microsoft, whose campus is shown in this 2014 picture, has told developers at its annual Build conference it wants to bring artificial intellience into the mainstream Microsoft on Wednesday unveiled new tools intended to democratize artificial intelligence by enabling machine smarts to be built into software from smartphone games to factory floors. The US technology titan opened its annual Build Conference by highlighting programs with artificial intelligence […]

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