Having warned that “everything will grind to a halt on March 5th” due to the under-appreciated debt-ceiling debacle that looms over Washington, and exclaiming that “what is going on today is complete insanity,” former Reagan Budget Director David Stockman is rapidly losing faith that anything can be done… “I’ve thrown in the towel because he’s not paying attention and he’s not learning anything and he’s making ridiculous […]
Curled up by the fireplace in a fashionable London hotel, Jared Leto speaks slowly and thoughtfully. “I think that Alessandro does something very special,” he says of Gucci’s creative director, Alessandro Michele. “He puts so much love, care and joy into his work that when you wear Gucci, you’re not just wearing something that’s beautiful or pretty, you’re actually – you’re feeling the same thing that he […]
A storming start for risk assets has defined the first two months of 2017, with heightened optimism on Wall Street pushing the FTSE All-World equity index into record territory. Whether the rally can be sustained in March depends on the outcome of several key events. Here is a rundown of what looms for investors during the month. US jobs data and the Federal Reserve The bullish sentiment […]
By Thomas Escritt | AMSTERDAM AMSTERDAM Hit by sliding poll numbers, Dutch nationalist Geert Wilders said he would resume his campaign this weekend after revelations of leaks from his police protection prompted him to halt all public appearances ahead this month’s election. Wednesday’s announcement follows the Dutch government’s decision to give a different squad the task of protecting the outspoken opponent of Islam, who has lived under […]
When you’re deep in a video game, the last thing you want to do is leave home. If only you could take the game with you for your commute to work or your bus ride to school, or to liven up your lunch hour. Nintendo’s new Switch console tries to address that by letting you play it anywhere. You simply yank the Switch out of its docking […]
The US dollar and global bond yields rose on Wednesday as investors focused on expectations that the Federal Reserve wants to raise interest rates this month, in the absence of specific policy details from Donald Trump’s first speech to Congress. The dollar index — a measure of the reserve currency against its main peers — rose 0.5 per cent to its highest level in more than a […]
By Sijia Jiang | HONG KONG HONG KONG Taiwan’s Foxconn (2317.TW), the world’s largest contract electronics maker, is “definitely bidding” for the chip business of Japan’s Toshiba Corp (6502.T) and is “very confident” it can buy into it, company founder Terry Gou said on Wednesday. Gou was speaking as Foxconn, formally known as Hon Hai Precision Industry Co Ltd, broke ground for a 61 billion yuan ($8.87 […]
As if Uber’s woes couldn’t get any more taxing than it currently is. The company is dealing with extremely controversial sexual harassment allegations, being sued by Google over allegedly stolen designs, and now it has to deal with another controversy altogether, this time of its CEO, Travis Kalanick, arguing — with harsh words, no less — with an Uber driver in a video caught by the car’s dashcam. Travis […]
The Australian National Audit Office (ANAO) has published a request for information (RFI), seeking help to narrow down what IT services the government agency needs to outsource before heading to tender from July next year. The ANAO has labelled the RFI a “mutual discovery process” which it said will allow the ANAO to gain information and insights on providers in the market and in return allow providers […]
ABU DHABI // Schools for children with learning difficulties are not fit for purpose as they do not have the expertise or resources required, a specialist teacher has said. Abu Dhabi Education Council schools have introduced resource centres for children with difficulties, but parents have complained that they “lump together” special needs pupils with those with learning difficulties. “This is a global misconception that children with learning […]
By Steve Holland | WASHINGTON WASHINGTON After a turbulent start to his presidency, Donald Trump goes before the U.S. Congress on Tuesday night to give a speech that will be closely watched for details of his plans for the economy and whether he can strike a more conciliatory tone. World financial markets will be scrutinizing the 9 p.m. (0200 GMT Wednesday) address in the House of Representatives […]
Just because… The Record Winning Streak Is Over… They desperately tried to ramp it but failed NOTE: Today was the worst day for Small Caps since October * * * Banks, Bonds, Bullion, and Broad equity indices were all up in February… So was VIX…a massive divergence for a month Dow led the way this month with a 4th monthly gain in a […]
This piece was originally published by the Reynolds Journalism Institute at the Missouri School of Journalism. It has been republished with permission. You can join the author for a free Webinar about building trust on Facebook at 2 p.m. Thursday, March 2. Relationships take work. You don’t get intimacy without putting in some time. You don’t ask for favors without offering the equivalent yourself. You earn trust […]
By Thomas Escritt | AMSTERDAM AMSTERDAM Since the evening in 2004 when policemen arrived unannounced to escort him and his wife to safety, Geert Wilders has lived in safe houses under 24-hour guard to protect him from Islamist militants who threatened to kill him. Film-maker Theo van Gogh had been shot, stabbed and nearly beheaded by a militant Islamist earlier that day, and Wilders, another prominent critic […]
BEIJING China’s Foreign Ministry on Tuesday said it hoped U.S. defence spending would be beneficial to maintaining global peace and stability, after the White House proposed a 10 percent increase in military spending. The proposed rise in the Pentagon budget to $603 billion comes as the United States has wound down major wars in Iraq and Afghanistan and remains the world’s strongest military power. An official familiar […]
Narrowband Internet of Things (NB-IoT) and 5G are Huawei’s biggest opportunities for growth in Australia, according to the Chinese network technology giant, which is pushing into the IoT space via research programs and project partnerships. Speaking at Mobile World Congress (MWC) in Barcelona on Monday, Huawei Australia chair John Lord said providing NB-IoT solutions for such businesses as the agricultural sector, wineries, cattle stations, and energy utilities […]
By Yara Abi Nader and John Irish | GENEVA GENEVA The main opposition group at Syrian peace talks in Geneva wants to meet Russian envoys to discuss what it says are Moscow’s broken ceasefire promises, a move diplomats say aims to put pressure on the Russian-backed Syrian government delegation. Russia has sought to revive diplomacy since its air force helped the Syrian army and allied militias defeat […]
Saudi Arabia may increase its domestic gasoline prices by 30 percent from July, industry sources said, part of a reform plan by the world’s top oil exporter to align its fuel prices with global benchmark levels. In December 2015 the kingdom raised the price of 95 octane gasoline to 0.90 riyal ($0.24) per litre from 0.60 riyal. However, that still kept Saudi Arabia among the countries with […]
Arto Nummela, Chief Executive Officer at HMD Global, shows the new re-launched Nokia 3310 phone, ahead of Monday’s opening of the Mobile World Congress wireless show in Barcelona, Spain, Sunday, Feb. 26, 2017. Finland-based HMD Global is re-launching the simple Nokia 3310 model along with unveiling three new devices at Mobile World Congress in Barcelona. (AP Photo/Emilio Morenatti) Samsung’s product showcase Sunday is notable for what’s missing: […]
By Jonathan Allen | NEW YORK NEW YORK Supporters of U.S. President Donald Trump are holding rallies in towns and cities across the country on Monday, partly as a rebuttal to waves of anti-Trump protests that have taken place since the Republican’s election last November. Trump is not scheduled to appear at any of this week’s rallies, which are being held in cities small and large, from […]
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. Anti-Trump fervor is especially rampant along the Acela Corridor, and now our most famous paper surfaces with a provocative — if belated — ad campaign at a time of marketing need. On Thursday, The New York Times announced a campaign […]
PwC, the accountancy firm that has been responsible for counting Oscars votes for 80 years, has apologised for handing presenters the wrong envelopes for the best picture award, causing the Academy Award’s top prize to be erroneously handed to La La Land. Moonlight, an evocative coming of age story about a young gay black man, was the actual winner of the best picture Oscar but was almost […]
Photo Marine Corps jets flew over the pyramids of Egypt during a military exercise in 1999. Credit Staff Sgt. Jim Varhegyi/United States Air Force CAIRO — The top commander of American military operations in the Middle East said during a visit here on Sunday that the United States wanted to resume a major military exercise with Egypt that President Barack Obama had canceled in 2013 to protest […]
Submitted by Alex Gorka via The Strategic Culture Foundation, The rifts within the EU continue to widen as Poland and Hungary join together in opposition to the EU bureaucracy. Soon after Poland’s ultra-conservative Law and Justice (PiS) party came to power in October 2015, the Polish parliament passed a law allowing the government to appoint the judges of its choosing to the highest court and not recognize […]
