Dubai /Â WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA) announced the completion of 30 percent of the first contract for the improvement of Airport Street involving the construction of Rashidiya and Casablanca interchanges. The completion rate has reached 25 percent in other contract covering Nad Al Hamar and ...
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The waterbeetle of American politics
Leaving aside the missing element of grace and the improbability of his ever stopping to think, Donald Trump is the waterbeetle of politics. His feral cunning in manipulating the masses and the media is, like the waterbeetle’s facility, instinctive. The 72 days of transition demonstrated a stylistic seamlessness with his 511 days of campaigning, which indicates that the 1,461 ...
Read More »Party’s over for British retail
After the Brexit vote, Christmas was always going to be the British consumer’s last hurrah. Official data today makes it look like the party never even got started. The volume of goods sold in December fell 1.9 percent from November, the Office for National Statistics said on Friday, the biggest drop since April 2012. This bad news is at ...
Read More »The enduring dignity of Barack Obama
Posterity will pass fuller and fairer judgment on the presidency of Barack Obama than is possible today, but on one issue the verdict is already clear: personal integrity. In an especially hostile political environment, Obama was civil and decent, and he served with honor and dignity. Partisanship should not prevent Republicans from acknowledging these truths. Like his predecessor, George ...
Read More »Trump speech served only domestic audience
And finally Donald Trump was sworn in as the 45th president of the United States on Friday, becoming commander-in- chief of a riven nation facing uncertainty under a leader who had never held before any political office or high military rank. In his inaugural speech, which lasted for about 16 minutes, Trump painted a bleak picture of America, which ...
Read More »The way forward on disposing nuclear waste
Last week, I joined the New Mexico governor, congressional delegation members, the mayors of Carlsbad and Hobbs, citizens and a proud workforce in commemorating the reopening of the Waste Isolation Pilot Plant after a three-year shutdown because of an underground accident. The facility is the US’s only geological repository for nuclear waste, such as plutonium-contaminated materials from the Department ...
Read More »Keep saving, Hong Kongers
It takes around 35 years for a median-income household to buy a 90-square-meter (970 square foot) apartment in Hong Kong. So, by 2052 in other words. That makes the former British colony the world’s least affordable city, according to Oxford Economics. Now, with Chinese buyers forking out ever-higher amounts for land sold by the government and outbidding domestic stalwarts, ...
Read More »The ups and downs of portfolio rebalancing
It’s a new year, and for many investors that means it’s time to rebalance that old portfolio. Portfolio rebalancing is one of the most cherished wisdoms in investing. The markets can whipsaw investments in a portfolio over time, and rebalancing brings it back into, well, balance. Rebalancing is also a backdoor way to buy low and sell high because ...
Read More »The ‘ArtLords’ of Afghanistan
Kabul / / DPA Slowly, slowly the portrait of a girl takes shape on the crumbling, mud brick wall, the round, smiling face of a young girl wearing a head scarf in shades of red, green and white. The girl’s name is Mursal and she’s 12 years old. A couple of years ago she survived a serious attack on ...
Read More »Earning livelihood via ‘secret’ advertising
DPA A bridge reflected in the water below. A young man standing on a rocky ledge. Maximilian Muench took both photos. He published them on his Instagram page. What’s not to like there? At first glance they might look like ambitious holiday snaps, but in fact Muench was paid for them by the government of a German state, Saxony, ...
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