PANAMA CITY (AFP) – The co-founder of the law firm at the center of the Panama Papers scandal says the fallout has set off a “thriving” boom in the creation of tax shelters in the United States. Juergen Mossack, who partnered with Ramon Fonseca to create the Panamanian firm Mossack Fonseca, said in a document obtained on Thursday (April 21) by AFP that after the Panama Papers […]
Dubai, May 1, 2017 Western Union, a leader in global payments, today announced a collaboration with the Arab Federation for e-Commerce, to jointly boost the uptake of e-Commerce and digital payments in the Middle East and North Africa (MENA) region. Representing 14 governments from MENA, the Arab Federation of e-Commerce aims to establish efficient processes, practices and platforms for the development of secure and efficient e-commerce to […]
Mr. Ghasemi’s remarks, at a regular weekly news conference reported by Iranian media, did not suggest a negotiation was underway for the release of the Americans, all of them dual citizens of the United States and Iran. Continue reading the main story Mr. Ghasemi did not identify any of them by name. At least four Americans of Iranian descent are known to be held in Iranian prisons […]
WASHINGTON The U.S. State Department issued a travel alert for Europe on Monday, saying U.S. citizens should be aware of a continued threat of terrorist attacks throughout the continent. In the alert, the State Department cited recent incidents in France, Russia, Sweden and the United Kingdom and said Islamic State and al Qaeda “have the ability to plan and execute terrorist attacks in Europe.” The State Department’s […]
By Andrew Cawthorne and Alexandra Ulmer | CARACAS CARACAS Venezuela’s socialist President Nicolas Maduro announced on Monday the creation of a new popular assembly with the ability to re-write the constitution, which foes decried as a power-grab to stifle weeks of anti-government unrest. “I don’t want a civil war,” Maduro told a May Day rally of supporters in downtown Caracas while elsewhere across the city security forces […]
Janet Jackson performs last March in Dubai, United Arab Emirates.Image: Francois Nel/Getty Images By Josh Dickey2017-05-02 01:36:53 UTC Janet’s back, and there’s nothing nasty about it. Janet Jackson’s official website carried a curious count-down clock that had fans wondering what news its expiration would bring Monday morning — especially since her long-awaited “Unbreakable” tour was postponed last year. But by afternoon, the clock had disappeared — then […]
WASHINGTON U.S. President Donald Trump will speak by telephone with Russian President Vladimir Putin on Tuesday at 12:30 p.m. EDT/1630 GMT, the White House said on Monday night. A senior Trump administration official said the two leaders would likely discuss the war in Syria, where Moscow backs the government of Bashar al-Assad and the United States supports rebels trying to overthrow him. (Reporting by Eric Beech and […]
TOKYO Asian shares advanced on Tuesday, helped by rising optimism on the technology industry and easing concerns over North Korea, while the dollar edged up to one-month high versus the yen. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.1 percent, with many of the region’s markets reopening after a long holiday weekend. Japan’s Nikkei rose 0.3 percent. On Wall Street, although the Dow Jones […]
AUSTIN, Texas A man enrolled at the University of Texas went on a stabbing spree with a large hunting knife at the school’s Austin campus on Monday, killing one student and wounding three others also believed to be students, police said. The suspect, identified as Kendrex White, was apprehended about two minutes after campus police received reports of the attack on the school’s main grounds. White was […]
May 2, 2017 by: Katrina Manson in New York President Donald Trump said on Monday that he would be “honoured” to meet North Korean leader Kim Jong Un under the right circumstances, despite historic levels of mistrust and tension between the world’s superpower and the rogue state over its nuclear ambitions. Mr Trump’s comments contrast with his hardline stance on Pyongyang and Friday’s call from Rex Tillerson, […]
Leaders of Nahdlatul Ulama’s youth wing, known as Ansor, say that elements of Shariah, which Muslims consider divine law, are being manipulated by groups like the Islamic State and Al Qaeda to justify terrorist attacks around the world, invoked to rally fighters to battle in the Middle East and elsewhere, and distorted by movements that seek to turn Islam into a political weapon. Continue reading the main […]
CARACAS Venezuelan President Nicolas Maduro announced on Monday a national vote to create a new “constituent” National Assembly legislature in order to defuse a bitter political conflict after a month of anti-government protests. Opponents say the move is another attempt to sideline the current opposition-led National Assembly and keep the unpopular Maduro in power in the midst of a bruising recession and unrest that has led to […]
Since the emergence of the single market in Asean, many companies are expanding their markets outside of their home country whereas others are still struggling. Some firms have already entered neighbouring markets while others are looking even farther beyond the Asean Economic Community. Research shows that firms in different industries look at the AEC from different perspectives. For example, firms in the financial industry seem to support […]
Dubai, United Arab Emirates – 1 May 2017 The Arab civilization is one of the richest in the world. The UAE, in particular, is shaped by the culture and traditions that date back to 4000 BC, said Ali bin Tamim, Director-General of Abu Dhabi Media. Speaking on ‘Forgotten Legacy of Arab Civilization’ at the Arab Media Forum on Monday, he said there are several factors that contribute […]
TORONTO An explosion rocked Toronto’s financial district on Monday afternoon, prompting the police to close off a section of the downtown area as heavy smoke billowed out of sewer grates. Toronto’s fire chief told CBC’s French-language channel that the blast may have been caused by a power transformer explosion. Heavy smoke was pouring out of sewer grates at the corner of King and Bay Street, in the […]
Mubadala Investment Company, established after the merger of Mubadala Development Company and International Petroleum Investment Company, began operations on Monday. The new entity is expected to accelerate Abu Dhabi’s economic diversification as it is active in 13 business sectors in more than 30 countries globally, state news agency WAM reported. The new firm’s total assets of about $125 billion, based on valuations at the end of 2015, […]
By Ayesha Rascoe and Soyoung Kim | WASHINGTON/SEOUL WASHINGTON/SEOUL U.S. President Donald Trump on Monday opened the door to meeting North Korea’s Kim Jong Un, saying he would be honoured to meet the young leader under the right circumstances, even as Pyongyang suggested it would continue its nuclear weapons tests. “If it would be appropriate for me to meet with him, I would absolutely, I would be […]
SpaceX successfully launched a secretive spy satellite toward orbit on Monday morning, following a slight delay. Elon Musk‘s commercial rocket company was supposed to launch the spy satellite on Sunday, but a sensor problem postponed the launch. The operation went smoothly on Monday, marking SpaceX’s first flight for the U.S. Department of Defense. The successful liftoff was from the Kennedy Space Center at Cape Canaveral, Florida. SpaceX […]
WASHINGTON The U.S. military received a record number of sexual assault reports in 2016, the Pentagon said on Monday, calling it a sign of service members’ trust in the system. Sexual assault and harassment in the U.S. military has come under scrutiny after a scandal involving some Marines sharing nude photos of women online came to light. The U.S. military has opened an inquiry and senior lawmakers […]
DUBAI // Training Arab youth in media will be key to improving the region’s future, according to the Minister of State for Youth. Shamma Al Mazrui spoke of the importance of the Arab Youth Initiative, which was launched by Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister of Presidential Affairs, at the Government Summit in Dubai in February. “Media is a very important tool,” she said […]
Your daily guide to community and cultural activities across the Emirates for May 2, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Fitness event Register […]
Hamas, the militant Islamist group, on Monday dropped a call for Israel’s destruction and endorsed the creation of a Palestinian state inside 1967 borders, in a rhetorical shift that analysts said reflected the group’s political ambitions and changing priorities in a new Middle East. A policy paper released in Doha by Khaled Meshaal, Hamas’s political leader, described the creation of an interim Palestinian state in the 1967 […]
The Syrian government and its main ally, Russia, deny that it uses such tactics. At a news conference held at United Nations headquarters in New York to release the report’s findings, the executive director of Human Rights Watch, Kenneth Roth, ridiculed what he described as “preposterous” assertions by the Syrian and Russian governments denying responsibility. Photo An inspection of damage to a hospital in the Aleppo area […]
By Michel Rose and Sudip Kar-Gupta | PARIS PARIS Centrist presidential frontrunner Emmanuel Macron and his far-right rival Marine Le Pen attacked each other’s visions of France and the role it should play in Europe on Monday against a background of May Day rallies and protests. Macron sought for a third successive day to paint National Front (FN) candidate Le Pen as an extremist, while she portrayed […]
