logo

News related to
world’s

PICKS are stories from many sources, selected by our editors or recommended by our readers because they are important, surprising, troubling, enlightening, inspiring, or amusing. They appear on our site and in our daily newsletter. Please send suggested articles, videos, podcasts, etc. to [email protected]. Western Economist Fingers Russia as “Panama Papers” Source (Gerry) The hackers who released the huge cache of files known as the Panama Papers […]

Donald Trump is expected to tap a longtime advocate of greater protectionism as his US trade representative in yet another signal that his administration is poised to enact the aggressive trade policies he advocated during the campaign into government.  Robert Lighthizer, whose impending nomination was reported by US media on Monday, has been seen as the favourite for the trade role for weeks and has been leading […]

“I pity every person who has not been to Aleppo,” says Marlene Matar, a Lebanese author and cooking instructor whose magnificent recipe book, The Aleppo Cookbook, has just been published in English. Mater compares the city’s rich tradition of culinary excellence to that of Paris – “in Aleppo, wherever you eat, you eat well” – and writes with wonder of the 13 kilometre-long Souq Al Madina, where she […]

Venezuela has issued $5bn in new bonds to state-run Banco de Venezuela in a private placement, as it seeks cash for imports of food and medicine as the country struggles with critical shortages of basic goods. France-based Global Emerging Markets Group said it advised on structuring and executing the deal. The operation was underwritten by China’s Haitong Securities, according to two bond traders who had seen preliminary […]

MANAMA, BAHRAIN – 02 January 2017  Ithmaar Bank B.S.C., a Bahrain-based Islamic retail bank, announced today (ed note: 020117) that it has obtained final approval from the Central Bank of Bahrain (CBB), the Kingdom’s banking and financial services regulator on the completion of all requirements with respect to the reorganisation plan. This aims to further develop the growth achieved in Ithmaar Bank’s core retail banking business, the […]

BP has opted out of the first wave of agreements to develop oil and gas reserves in Iran after the lifting of international sanctions — setting it apart from its two biggest European rivals Royal Dutch Shell and Total. Iran has struck a series of deals with foreign energy groups in recent weeks, including Total and Shell, and plans to award more contracts early in 2017 as […]

Welcome to a new year and the pressing market issues facing investors as they look to put money to work and navigate 2017. Geopolitical surprises upended expectations last year and few predicted that 2016 would end with a global bull market in equities, while bond yields remain relatively low. Will strategists be any better at forecasting this time around? Here are the big questions that will preoccupy […]

Advertisements

Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum on Monday launched Dubai Harbour, a new waterfront destination that will feature the MENA region’s largest marina and the Dubai Lighthouse. The mega project will also include a cruise ship port, shopping mall, events arena, residential buildings, hotels, offices and shops. Dubai Harbour will be located on King Salman Street, in the area between JBR and Palm Jumeirah, and […]

These are the main events that took place in February 2016. 3 February The government proposed to completely repeal two articles in the Criminal Code which make it illegal to vilify religion “by words, gestures, written matter, whether printed or not, or pictures or by some other visible means. Another of the amendments proposed was to criminalise revenge porn. 3 February The government in […]

  Last Updated On 01 January,2017 12:58 am As we are saying pip pip to the year 2016, let’s scroll through the most significant happenings of soon-to-be previous year. While doing so, we will get to know that some of the events and happenings can truly be termed as defining moments in history. One of such phenomenon was Panama Leaks that for a moment not only shook the […]

Authored by Eric Zuesse via Strategic-Culture.org, I’m a former lifelong Democrat, stating here a clear and incontestable fact: Barack Obama is a failed President. It’s true not just because of the sad realities such as that «Top Ex-White House Economist Admits 94 % Of All New Jobs Under Obama Were Part-Time» — or, as the economists Alan Krueger and Lawrence Katz wrote in the original of that study: «94 percent of the […]

A new year is upon us and with it, a new season of art events and exhibitions is about to start. This month marks the opening of a host of exhibitions at Alserkal Avenue and across Dubai. Highlights include Asad Faulwell at Lawrie Shabibi from January 9, who continues his series on Algerian women who fought during the war for independence from French occupation, and their largely […]

China, the world’s largest ivory consumer, will implement a comprehensive ban on the controversial trade by the end of 2017, in a move hailed by conservationists. The announcement by the State Council on Friday night follows through on a commitment made in September 2015 during a meeting between Chinese president Xi Jinping and his US counterpart, Barack Obama. The US enacted regulations banning the trade in July. […]

Hindsight Capital beats the market, and all competition, every year. But how would it do over a decade? For the uninitiated, Hindsight Capital is an imaginary hedge fund that is blessed with perfect foresight, which features at this time of year in the Long View column. As real fund managers deploying real money have to hedge their bets, it always does far better than any of them […]

As we live through it, every year seems packed with significant events and key players who, for better or worse, seize our attention on the world stage. But as 2016 draws to a close and the white noise of 24-hour news cycles and transient Twitter storms fades into the background, it is already clear that history will remember only a handful of those people, each of whom […]

Financial markets in 2016 endured an escalation of negative interest rates, the collapse and subsequent rebound in commodity prices and fluctuating stock market valuations. The test for investors began in week one, as fears of a China slowdown roiled stock indices weeks after the Federal Reserve began to normalise policy. Over the ensuing months, the Brexit vote and US election would prove significant mile markers, shift thinking […]

Abu Dhabi, United Arab Emirates; December 30, 2017  As the 10th anniversary year of Masdar, Abu Dhabi’s renewable energy company, draws to a close, industry watchers can reflect on 12 months that have marked a historic milestone for the company and a pivotal moment for the renewable energy sector as a whole. During the decade since Masdar was established, the UAE has cemented a global reputation for […]

Dec 30, 2016 11:20 am IST From an incarcerated pigeon to luxury car owners who have nowhere to drive, here are some interesting articles from India that you could have missed this year. Why the Vast Majority of Women in India Will Never Own a Smartphone Eric Bellman and Aditi Malhotra reported on why technology, promoted as a social equalizer, is having the opposite effect in one […]

Authored by Oliver Stone (via Facebook), THE RUSSIANS ARE COMING As 2016 draws to a close, we find ourselves a deeply unsettled nation. We’re unable to draw the lines of our national interest. Is it jobs and economy, is it national security, or is it now in our interest to ensure global security — in other words, act as the world’s policemen? As the “failing” (to quote […]

The Malaysian opposition has attacked a state company’s investment in a palm oil project in Indonesia, saying it is a costly handout to a foreign businessman connected to Prime Minister Najib Razak. Malaysia’s state-owned Federal Land Development Authority, known as Felda, plans to buy a 37 per cent stake in Eagle High, controlled by Indonesian conglomerate Rajawali Group, for $505m. The deal will be financed by the […]

India’s former central bank chief Raghuram Rajan was once described as a “rock star” economist but the Reserve Bank of India’s new deputy governor has actually written an album of songs. Viral Acharya, a New York University professor, was on Wednesday named as a deputy governor of the Reserve Bank of India. Not only does Mr. Acharya have an impressive professional and academic record, he is also […]

29 December 2016 Munich. As 2016 comes to a close, BMW is able to look back on a highly successful year with well over 50 national and international awards and distinctions. As in the past, vehicles of the brand were highly rated by juries across a range of different categories and topics, frequently finishing at the top of the winners’ rostrum. The awards reflect not just outstanding […]

When Jack Ma criticised Hong Kong last month for having outdated stock market listing practices, the Alibaba founder hit the city where it hurts. Hong Kong’s rivalry with New York has only heightened since the billionaire chose the US for his ecommerce group’s initial public offering two years ago. And next year, the battle between the world’s two largest listing centres will only become more heated, as three […]

The FTSE 100 was within touching distance of a closing high on Wednesday, as optimism about the outlook for metal prices lifted the shares of the heavyweight miners on Britain’s blue-chip index. On the market’s first day back after the Christmas holiday, the FTSE 100 was up 0.6 per cent at 7107.56 in early afternoon trading, putting it on track to surpass its closing high of 7103.98 […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
Just in:
Allianz Insurance Singapore Encourages Homeowners to Strengthen Their Home Protection as Residential Fires Continue to Rise // France identifies Iranian Guards as supermarket hacking suspects // Moonless skies improve stargazing conditions across northern Saudi Arabia // FAB takes full ownership of Bahrain fund administrator Yasira // US relocates tankers from second British base amid threats // Iran displays school strike memorial at COP31 summit // Google school AI search policy draws Senate challenge // Canada seeks tariff easing following US election upheaval // Thai Airways discloses 60,529 records exposed through Amadeus // California electorate defeats proposed levy on billionaire wealth // Japan’s Nikkei advances as buyers return after sell-off // COP31 leaders demand accelerated action as warming intensifies // North Korean hackers widen drone and software attacks // UAE forecasts heavy showers across northern regions midweek // GCC defence ministers discuss military coordination amid Iran conflict // Singapore introduces AI scam alerts for messaging conversations // Prudential announces title sponsorship of “Prudential Hong Kong Winter Wonderland in Tsim Sha Tsui”, lighting up Victoria Harbour this winter // New Two Way Trade Momentum Highlighted at China-Africa Cooperation Forum in Yiwu // The MICHELIN Guide Thailand Celebrates Its Landmark 10th Edition with Record Numbers of Entries and MICHELIN-Starred Dining Venues // OnePlus 16 India debut reconsidered amid launch discussions //