Abu Dhabi / WAM On the occasion of the 45th National Day celebrations of the United Arab Emirates, the Emirates News Agency (WAM) issued a series of reports regarding the achievements of the state over the past year. In part eight, the nation’s successes in the field of women’s empowerment come under the spotlight. 2016 has seen many achievements in ...
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A world where the truth is losing
Richard Stengel, the State Department’s undersecretary for public diplomacy, bluntly states the problem that has been worrying him, and should worry us all: “In a global information war, how does the truth win?” The very idea that the truth won’t be triumphant would, until recently, have been heresy to Stengel, a former managing editor of Time magazine. But in ...
Read More »The messages to politicians from financial markets
As this historic November ends, the message from the financial markets seems clear: For now, the outlook for the U.S. economy appears brighter, both in absolute terms and relative to other advanced economies. Very few predicted these developments, which speak to the enormous fluidity that has taken over markets and politics and that signal the gradual end of the ...
Read More »Cutting off global trade won’t revive the rust belt
Donald Trump’s tough talk on trade and immigration was a winning message in parts of the Midwest. If this talk is put into action, that could accelerate the economic decline of much of the region. One flaw in the conventional thinking about globalization is that it’s an international phenomenon. Manufacturing jobs move from the U.S. to China or Mexico. ...
Read More »World must act to stop Aleppo carnage
There are apocalyptic scenes in the streets of Syria’s Aleppo. As the bombs rain down on the besieged city, it causes horrible sufferings everywhere. More than 250 civilians have been killed in the government’s assault on east Aleppo since November 15, including nearly 30 children. And up to 20,000 people have fled the regime offensive in the past 72 ...
Read More »Markets win boost on hopes of OPEC oil cut
AFP Oil prices rallied more than six percent on Wednesday, pushing European and US stocks higher as traders seized on hopes that OPEC could later decide to cut crude output. Saudi Arabia’s influential oil minister Khaled al-Falih sounded an upbeat note that the Organization of the Petroleum Exporting Countries — which pumps about a third of global oil — ...
Read More »Major indexes set records as energy companies surge
NEW YORK / AP The Dow Jones industrial average and the Standard & Poor’s 500 index reached record highs on Wednesday morning as a rally in energy companies led US stocks higher. Energy companies gained as countries in OPEC, which collectively produce more than one-third of the world’s oil, moved closer to completing an agreement that would trim oil ...
Read More »50,000 pour out of east Aleppo as Syria army advances
Aleppo / AFP More than 50,000 Syrians have joined a growing exodus of terrified civilians from east Aleppo, a monitor said on Wednesday, as the UN Security Council was set for emergency talks on fighting in the city. As government forces pressed an assault in the divided city, regime artillery fire killed at least 21 civilians in east Aleppo ...
Read More »Moscow demands answers after Erdogan vows to oust Assad
Moscow / AFP The Kremlin on Wednesday demanded an explanation after Turkish President Recep Tayyip Erdogan said Ankara intervened in Syria solely to topple President Bashar Al-Assad. Turkish forces are pressing on with a three month operation inside war-torn Syria in support of anti-Assad forces, while Russia is the chief ally of the Syrian president in the conflict that ...
Read More »Turkey seeks 30 life sentences for Syrian Kurdish leader
Ankara / AFP Turkey is seeking multiple life sentences for nearly 70 suspects, including the leader of the main Syrian Kurdish political party, over a deadly bombing in Ankara this year blamed on Kurdish militants, state media said on Wednesday. Syrian Kurdish Democratic Union Party (PYD) leader Salih Muslim and several prominent Kurdish militants have been indicted over the ...
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