Istanbul/ AFP Turkish forces launched a salvo of artillery strikes on northern Syria that killed 55 members of the ISgroup, Turkish news agencies reported on Sunday. Artillery units stationed near the border struck IS group targets near Aleppo on Saturday evening, destroying three missile launchers and three vehicles according to the state-run Anatolia news agency and the Dogan news ...
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73 killed in Afghan road crash inferno
Ghazni / AFP At least 73 people were killed on Sunday when two buses and an oil tanker burst into flames in a head-on collision in eastern Afghanistan, health officials said, in one of the worst road accidents in the war-battered nation. Many of the dead, including women and children, were burned beyond recognition and dozens of others were ...
Read More »Militants kill 8 Egyptian police in Cairo suburb
CAIRO / AP Militants opened fire on a microbus filled with plainclothes police in a Cairo suburb early Sunday, killing eight of them, including an officer, in an attack claimed by a local IS affiliate. The attack was the deadliest in the heavily policed capital since November, when gunmen attacked a security checkpoint, killing four policemen. That attack was ...
Read More »3 Spanish journalists return home after Syria kidnapping ordeal
Madrid / AFP Three Spanish freelance journalists who were kidnapped in Syria nearly 10 months ago returned to Spain on Sunday to be reunited with their families. The trio, all experienced conflict zone reporters, arrived at the Torrejon air base near Madrid on a flight from Turkey, the government said in a statement. Antonio Pampliega, Jose Manuel Lopez and ...
Read More »Who will follow Trump off the cliff?
Donald Trump: “We’ve got to get rid of the $19 trillion in debt.†Washington Post: “How long would that take?†Trump: “I would say over a period of eight years.†– March 31 Fortune: “You’ve said you plan to pay off the country’s debt in 10 years. How’s that possible?†Trump: “No, I didn’t say 10 years.†– April 19 ...
Read More »Eurozone must give Greece another chance
With mounting pressure from Euro creditors, International Monetary Fund (IMF) and Greek trade union, the Greek parliament voted on a controversial tax and pensions overhaul on Sunday amid protests against the unpopular reforms in Greece. Leftist Prime Minister Alexis Tsipras, whose grass-root supporters object to the reforms, pragmatically backs the package of painful measures demanded by the terms of ...
Read More »The finance industry is no longer where the jobs are
Justin Fox In the spring and summer of 2007, as the first tremors of the coming financial earthquake were making themselves felt, just under 8.4 million people were working in the U.S. financial sector. This April, according to today’s employment report, that number was 8.25 million. That’s not much of a decline. Viewed in the context of the decades-long ...
Read More »Vietnam positioning to impress ahead of Obama’s visit
A widely anticipated trip by U.S. President Barack Obama to Vietnam later this month has raised expectations to unprecedented levels among the boffins in the politburo. Relations between the old Cold War foes have never been better, and that should be a concern to China. Ties struck a friendly peak last July when Vietnam’s Communist Party General Secretary Nguyen ...
Read More »Saudi shakeup helps end gulf stocks’ worst streak in 2 mths
BLOOMBERG Saudi Arabian stocks advanced as investors judged the government shakeup that ushered in a new central banker and oil minister would help the kingdom reduce its dependence on crude. Gulf stocks ended their longest losing streak in almost two months. The Tadawul All Share Index rose as much as 1.2 percent before closing 0.2 percent higher at 6,672.48 ...
Read More »Emirates Securities Market up by 0.31 percent
ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.32% to close at 4483.18 points. Accordingly the Market Capitalization has gained AED 2.29 billion attaining AED 727.23 billion. A total of 235.9 Million Shares were traded with a total value of AED 320.01 million during the trading session of 08-05-2016 through 4052 transactions. The number of companies ...
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