By Andrew Osborn and Svetlana Reiter | MOSCOW MOSCOW Several hundred Russians lined up in central Moscow on Saturday under the gaze of riot police to hand over handwritten appeals for President Vladimir Putin to quit, as similar protests took place in other cities. Putin, who has dominated Russian politics for 17 years, has not said whether he will run in presidential elections in March 2018. But […]
By Drazen Jorgic | ISLAMABAD ISLAMABAD Pakistan’s Prime Minister Nawaz Sharif on Saturday sacked one of his special advisers and sanctioned another bureaucrat after an inquiry into a newspaper leak, but the country’s powerful army rejected Sharif’s directive as “incomplete”. The report’s findings and recommendations threaten to reopen a rift between the army and the civilian government at a time when relations between the two have been […]
It has a granite fountain and a bosque of shade trees. And to some rightwing Americans, the new headquarters of the Consumer Financial Protection Bureau is a monument to all that went wrong under eight years of Barack Obama’s presidency. The budget for the refurbishment of the Washington DC building, at about $363 a square foot, makes it more expensive than the Venetian hotel in Macau or […]
By Matthias Blamont and Simon Carraud | PARIS PARIS French far-right presidential hopeful Marine Le Pen on Saturday chose defeated first-round candidate Nicolas Dupont-Aignan as her prime minister, a bid to attract his voters and help her to victory over centrist favourite Emmanuel Macron. Dupont-Aignan is a nationalist whose protectionist economic policies are close to those of the National Front’s Le Pen and who, like her, wants […]
ABU DHABI // Driving behaviour needs to change if laws are to be effective in improving safety and compliance, according to the experts. Robert Hodges, a driver education and road safety expert, said new laws are beneficial but they will be workable only if motorists are willing to adapt their driving to them. “The underlying problem, which continues to exist, is that the authorities need to change […]
Most of the stories we hear about Damascus these days are tales of despair from news bulletins about bombings, water shortages or failed peace efforts. But to Syrian children’s writer and illustrator Nadine Kaadan, who spoke on Friday at the Abu Dhabi International Book Fair, the city is always a source of inspiration. With her first book in English – The Jasmine Sneeze, about a cat who […]
BEIRUT Fighting between rebel groups in the biggest insurgent stronghold near the Syrian capital Damascus entered a second day on Saturday, while government forces pressed an offensive against the besieged enclave, a war monitor said. The clashes broke out in part of the densely-populated rural area east of Damascus known as the Eastern Ghouta which has been besieged by Syrian government forces since 2013. The Syrian Observatory […]
MOSCOW At least 24 people were missing in south-Western Kyrgyzstan on Saturday after a landslide tore through a village, Kyrgyzstan’s Emergency Ministry said on Saturday. The landslide, caused by heavy rains, destroyed eleven houses in the village in Uzgen district of Osh region at around 0120 GMT on Saturday. The exact number of people hit by the landslide was unclear, the Emergency Ministry said. The press office […]
By Ahmad Sultan | MEHTAR LAM, Afghanistan MEHTAR LAM, Afghanistan In his first public speech since signing a peace deal with the Afghan government, one of Afghanistan’s most notorious warlords on Saturday called for the Taliban to stop fighting and begin negotiations. “I invite you to join the peace caravan and stop the pointless, meaningless and unholy war,” Gulbuddin Hekmatyar said to a gathering of his followers […]
Bret Stephens made his debut in the pages of The New York Times opinion section today with a column defending climate change skepticism in the face of scientific surety, a take that didn’t sit well with many of his colleagues in the newsroom. Stephens, a 2013 Pulitzer Prize-winner who joined The Times earlier this year after critiquing Donald Trump’s presidential campaign for The Wall Street Journal’s opinion […]
When it comes to repackaging bad loans in the eurozone, 2017 has been a tale of two peripheries. While global investors who had been hoping to buy debt backed by Italy’s non-performing loans have been left disappointed, in Ireland deals are gathering momentum. Lone Star this week priced its latest securitisation of Irish mortgages, with the US private equity firm selling €420m of bonds backed by distressed […]
BRUSSELS The European Union will only be able to conclude talks on Britain’s exit if it stays united, which means the bloc’s unity is in Britain’s interest, the chairman of EU summits Donald Tusk said on Saturday. Speaking to reporters before an EU summit to approve EU guidelines for negotiations with Britain, Tusk repeated the 27 countries remaining in the EU wanted a “close and strong future […]
Emerging from an Hermès store in Shanghai with a shiny new watch costing “tens of thousands” of renminbi, Zhao Feifei is emblematic of a younger generation of Chinese consumers driving a rebound in sales of European luxury brands. “I’m earning more than before so I’m more willing to spend,” says Ms Zhao, who works in an internet finance company. The 30-year-old is one of the many customers […]
By Michelle Nichols and Lesley Wroughton | UNITED NATIONS UNITED NATIONS U.S. Secretary of State Rex Tillerson warned on Friday that failure to curb North Korea’s nuclear and ballistic missile programs could lead to ‘catastrophic consequences,’ while China and Russia rebuked Washington’s threat of military force. The showdown in a meeting of the U.N. Security Council on North Korea highlighted the diplomatic challenges of resolving tensions over […]
In our latest Taxcast, we talk to the journalists who got the scoop on the Panama Papers last year. Plus: we discuss the raid on Credit Suisse, and new data exposing the profit shifting shenanigans of the EU’s biggest banks. Featuring: The Panama Papers scoop journalists and Pulitzer Prize winners Bastian Obermayer and Frederik Obermaier of the Süddeutsche Zeitung newspaper, and John Christensen of the Tax Justice Network. […]
Sadara’s 26-plant chemical complex makes strong headway towards full operation with completion of plastics envelope JUBAIL, Saudi Arabia, April 27, 2017 – Sadara Chemical Company (Sadara) announced today the startup of its fourth and final polyethylene unit, the High Pressure Low Density Polyethylene (HP-LDPE) Train. This marks a significant milestone for the company as it continues to bring its world-scale manufacturing facilities on stream. The HP-LDPE Train […]
By John Irish | CHATELLERAULT, France CHATELLERAULT, France French presidential hopeful Emmanuel Macron launched a scathing attack on Friday against politicians who have failed to endorse him against far-right rival Marine Le Pen, saying they were making France “morally weak” and pandering to extremists. Having been caught on the hop by Le Pen since the start of the second round campaign this week, and with just over […]
Satellite communications service provider SpeedCast has said that as military spending increases under governments throughout the United States, the United Kingdom, Europe, and Australia, it sees an opportunity to grow. While Australia has not been a big area of growth for the company over the past few years, due to the industries of mining, oil, and gas being depressed, growth across the government has been accelerating and […]
From the Slope of Hope: Earlier this week, my son asked me a sincere question: “How come Marissa Mayer got $200 million by screwing up Yahoo?” It was a good question, and one I had trouble answering at first, because I’d like him to think that there’s some level of fairness, meritocracy, and sensibility to this world of ours. In Mayer’s case, however, there is none. Her entire massive fortune is […]
By Nobuhiro Kubo | SASEBO SASEBO As tension spikes on the Korean peninsula, a French amphibious assault carrier sailed into Japan’s naval base of Sasebo on Saturday ahead of drills that risk upsetting China, which faces U.S. pressure to rein in North Korea’s arms programmes. The Mistral will lead exercises next month near Guam, along with forces from Japan, the United States and Britain, practicing amphibious landings […]
By Matt Robinson | BELGRADE BELGRADE Nationalists in Macedonia are “playing with fire” in refusing to relinquish power and the European Union should consider halting its accession process in order to break a dangerous deadlock, said the former envoy who helped avert civil war in the Balkan country. A long-running political crisis in the former Yugoslav republic turned violent on Thursday when supporters of the ruling VMRO-DPMNE […]
By Jeffrey Dastin | SAN FRANCISCO SAN FRANCISCO Amazon.com Inc’s ventures far beyond online retail, from cloud computing to movie making, are raising questions among corporate strategy experts about its focus. The Seattle-based company wowed Wall Street again this week with a 23 percent jump in sales, pushing its shares to an all-time high. But there are concerns that if blockbuster growth stops, investors may come to […]
Liberia is once again under the close watch of the World Health Organization (WHO) and the U.S. Centers For Disease Control and Prevention (CDC) after a mystery illness has claimed 11 lives to date. While symptoms of the mystery illness mimic those of early stage Ebola, samples from the deceased tested negative for the disease. Mystery Illness Investigations are now underway after 11 individuals, most of whom […]
That it fell to Barcelona’s Lionel Messi to score the match-winning goal away to arch-rivals Real Madrid on Sunday was of little surprise to his legions of devotees, who already view the diminutive Argentinian as something of an immortal giant on the football field, and even to casual fans. El Clasico – the lyrical Spanish name for matches played between the two powerhouses of the country’s domestic […]
