A snowstorm that pummeled the Midwest and grounded hundreds of flights will sweep across the U.S. Northeast on Monday, creating tough travel conditions ahead of the season’s first arctic blast, forecasters said. The cold front that dumped more than 10 inches (25 cm) of snow on northern Illinois has prompted winter storm warnings and advisories as it also brings sleet and rain to New England and parts […]
More than two million people lived in Mosul when it fell to the Islamic State on June 10, 2014. It was a conservative city where most women already covered their hair with a scarf and their arms with long sleeves. But as in other places where the militants imposed their creed, the new rules took enforced modesty to such an extreme that it riled families in Mosul, […]
WASHINGTON Police in Washington on Monday said there was no security threat at the U.S. Capitol Visitor Center building, and that related announcements were linked to a police exercise. The underground visitor’s center is located below the U.S. Capitol in the heart of Washington. (Reporting by David Morgan; Writing by Susan Heavey) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(”); var median = (relatedItemsTotal / 2); var $relatedContentGroupOne = $(‘.related-content.group-one ul’); var […]
Crude oil surged to the highest in 17 months amid efforts to cut production, pushing up the outlook for global inflation and sending 10-year Treasury yields above 2.5 percent for the first time since October 2014. Chinese equities tumbled. Oil jumped more than 4 percent in New York and London after Saudi Arabia signaled it will cut output by more than previously agreed amid a weekend deal to […]
Oil prices surged above $57 a barrel for the first time since July 2015 on Monday, rallying as much as 6.5 per cent after the Opec cartel clinched a long-sought supply pact with Russia and other big crude exporters. Russia led a loose coalition oil producers from outside Opec, including Oman, Mexico and Kazakhstan, in an agreement signed this weekend to reduce supply by 558,000 barrels a […]
By Ahmed Rasheed | BAGHDAD BAGHDAD Several thousand Iraqi federal police are ready to join the assault against Islamic State in east Mosul, a spokesman said on Monday, reinforcing troops who have faced weeks of fierce counter-attacks from the militants. The extra forces are being deployed as the gruelling U.S.-backed campaign to crush Islamic State in its Iraqi stronghold enters its ninth week. Elite army troops have […]
NEW DELHI—Early last month, Prime Minister Narendra Modi summoned his cabinet to a room in India’s capital, told them to leave their cellphones outside and delivered a shocker: He was about to go on national television to declare that almost 90% of the country’s paper money would no longer be legal tender. The move, prepared in secret by Mr. Modi and his advisers, kicked off a radical […]
By J.R. Wu | TAIPEI TAIPEI U.S. President-elect Donald Trump’s declaration that the United States could link its policy on Taiwan to trade negotiations with China prompted concerns on the island that it may become a pawn in wider superpower discussions. “Trump’s comments regularly mention Taiwan. What advantage is this giving Taiwan? This is something we must consider,” Johnny Chiang, an opposition Nationalist lawmaker, told reporters. “Otherwise, […]
ALEPPO, Syria The Syrian military operation to recapture rebel-held east Aleppo is in its final stages after the army took Sheikh Saeed and other districts, Lieutenant General Zaid al-Saleh, head of the Aleppo security committee, said on Monday. “The battle in east Aleppo should end quickly. They (rebels) don’t have much time. They either have to surrender or die,” he told a group of reporters in the […]
Goldman Sachs said the formal agreement by non-OPEC oil producers this weekend in Vienna to help curb output was reached with a goal of “normalization” of inventories and not necessarily just at raising oil prices. The Organization of the Petroleum Exporting Countries (OPEC) had previously agreed to cut output by 1.2 million barrels per day (bpd), and on Saturday, 11 non-OPEC producers agreed to join the effort […]
ISTANBUL The death toll from Saturday night’s twin bombings in Istanbul has risen to 44, of whom 36 were police officers, Health Minister Recep Akdag was cited as saying by state-run Anadolu agency and other media on Monday. An offshoot of the Kurdistan Workers Party (PKK) militant group claimed responsibility for the bombings outside an Istanbul soccer stadium, which also wounded around 150 people. The death toll […]
Gabriel Yared begins every day the same way. He gets up, and reaches for a Bach score, burying his head in the baroque master’s music. “Why do I do this? I put a ceiling of perfection and beauty over my day, and every day is the same to me – trying to reach beauty,” says the celebrated French-Lebanese film composer, who was honoured with a Lifetime Achievement […]
The Chinese government has warned Donald Trump that the two countries will have “nothing to discuss” if the US president-elect’s incoming administration decides to discard the four-decade old “One China” policy. “Adherence to the One China policy is the political bedrock for development of [bilateral] relations,” Geng Shuang, a foreign ministry spokesman, said on Monday. “If compromised, there will be nothing to discuss on co-operation in major fields.” […]
BEIJING China said on Monday that it was extremely concerned about U.S. President-elect Donald Trump’s comments that the United States did not necessarily have to stick to its long-standing position that Taiwan is part of “one China”. Foreign Ministry spokesman Geng Shuang told a regular news briefing that the “one China” policy is the basis for China-U.S. relations and urged the incoming U.S. administration to understand the […]
Panama’s attempts at Panama Papers damage control fall shortCaribbean News Now (press release) (blog)MIAMI, USA — The government of Panama, anxious to show the financial world that it is engaged in meaningful reform, has announced that it is adopting the recommendations of the controversial independent committee that was hastily formed as a counter … (via Google News)
By Laila Bassam and Lisa Barrington | ALEPPO, Syria/BEIRUT ALEPPO, Syria/BEIRUT The Syrian army and its allies captured Sheikh Saeed district in Aleppo in overnight fighting, a war monitor and a Syrian official said early on Monday, amid the most intense bombardment in days, leaving insurgents in only a tiny pocket of the city. Sheikh Saeed lies in the south of the rebels’ east Aleppo enclave, which […]
The recent deal to keep Carrier jobs in the United States is not at all unusual. It only received so much press because Trump made it a campaign issue and saw an opportunity to record a big early PR victory before he even took office. Government and corporations cooperate, negotiate deals, scratch each others backs, kickback ill-gotten gains, and function as a career advancement funnel for corrupt […]
12 December 2016 Ras Al Khaimah, United Arab Emirates–(ME NewsWire)– Julphar Gulf Pharmaceutical Industries launched the antibiotic Voxin during a launch event, which was held at the Raffles Hotel, Dubai on November 25th 2016. “Voxin (Levofloxacin) is a fluoroquinolone antibiotic that is indicated for the treatment of lower respiratory tract infections and sinusitis in adult patients,” said Dr Hosam Badr, Director of Marketing at Julphar. “Voxin (Levofloxacin) […]
This is part of a series on the global rise of exchange traded funds Each day, the investing public hears news of the latest developments in exchange traded index funds (ETFs). But rare is the mention of traditional index funds, which I call Tifs, although the acronym has yet to gain acceptance. In 1976, I created the first Tif. It was named First Index Investment Trust (now […]
By Joyce Lee | SEOUL SEOUL South Korean Prime Minister Hwang Kyo-ahn will begin getting official briefings from aides of President Park Geun-hye on Monday, having assumed presidential authority in a caretaker role following her impeachment by parliament last week. Hwang has sought to calm anxiety over national security and to reassure financial markets while Park’s presidency is held in limbo pending the outcome of a Constitutional […]
The NSW Department of Industry’s Division of Resources and Energy (DRE) has tasked Singapore-based data startup Latize with helping it transform mining safety and incident analysis processes using data intelligence. While the value of the contract has not been disclosed, Latize said DRE is the first local government client it has acquired since opening up an office in Sydney in June. The deal comes at a time […]
More and more airlines across the world are providing in-flight internet connectivity, allowing passengers to catch up on work email or surf the web from 30,000 feet. But this Wall Street Journal article explains how one country with a rapidly expanding aviation market is holding out, prohibiting Wi-Fi on board due to security concerns: India. Here’s why airlines are so eager to be the first to offer […]
BEIRUT The Syrian Observatory for Human Rights said on Monday government forces had seized the eastern Aleppo neighbourhood of Sheikh Saeed from rebel fighters in overnight fighting, meaning the opposition has now lost 90 percent of the area they once held in the city. It said government warplanes had been mounting heavy air strikes overnight on remaining rebel-held areas of eastern Aleppo. (Writing by Tom Perry; Editing […]
The Islamic Development Bank has listed a $1.25 billion sukuk on Nasdaq Dubai, the region’s international financial exchange. It is the seventh sukuk listing on the exchange by the IDB, making it the largest sukuk issuer on Nasdaq Dubai at $8.55 billion. Altogether, Nasdaq Dubai has 56 sukuk listings totalling $43.96 billion, making it the largest exchange in the world for Sukuk by value. Based in Saudi […]
