Blog Layout

India court convicts 24 over 2002 Gujarat riots massacre

  Ahmedabad / AFP An Indian court convicted two dozen Hindus on Thursday over a massacre during religious riots 14 years ago when Prime Minister Narendra Modi was chief minister of Gujarat state. Sixty-nine Muslims were hacked and burnt to death as they sheltered at a residential complex in the city of Ahmedabad, in one of the single worst massacres ...

Read More »

Somalia hotel attack over, 10 dead

  Mogadishu / AFP An attack on a Mogadishu hotel by extremist gunmen has ended with at least 10 dead, Somalia’s security minister said on Thursday. Somali security forces had been battling the Shabaab fighters holed up inside the building since Wednesday evening when the assault began with a car bomb that tore the front off the six-storey Ambassador Hotel. ...

Read More »

Families of MH17 crew file suit against Malaysia Airlines

  Kuala Lumpur / AFP Families of six Malaysia Airlines crew members who were killed when flight MH17 was shot down over Ukraine nearly two years ago filed a lawsuit on Thursday blaming the carrier for the tragedy. The suit accuses the airline of negligence and breach of contract and is believed to be the first filed against the company ...

Read More »

How Trump presidency would imperil democracy

I don’t know whether a President Donald Trump would be able to destroy U.S. democracy by crushing the institutions that share power with the executive. I tend to agree with Brian Beutler that the institutions Trump might go after would fight back effectively — though I’m not eager to test that proposition. Nonetheless, I think Trump is dangerous to democracy ...

Read More »

Indonesia has a dangerous fix for its trash problem

  Adam Minter Indonesia is drowning in plastic trash. Bottles pollute its beaches, bags congest its waterways and instant-noodle cups overflow its garbage bins. It’s only getting worse: By 2019, Indonesia will generate about 5 percent more trash than it did in 2014, and about 15 percent of that will be plastic. Fixing this problem has become a priority for ...

Read More »

How to bridge the divide over the South China Sea

  The differences between China and the U.S. over the South China Sea issue have become a matter of concern and even anxiety. But some of the perceptions in the U.S. and elsewhere about China’s policy and intentions in the area are misplaced. A pressing task is to understand the facts and China’s intentions correctly so as to avoid real ...

Read More »

Oil falls on OPEC, US stocks slip amid global growth concern

  BLOOMBERG Global stocks slid to a six-week low and commodities fell as markets braced for the possibility that the Federal Reserve will raise interest rates as soon as next month. A gauge of the dollar’s strength stood at a seven-week high. Oil fell as OPEC members agreed to stick to the policy of unfettered production, while European stocks and ...

Read More »

The deepening deficit that makes Zinc one of 2016’s top bets

  Bloomberg The Chinese smelters that churn out more than 40 percent of the world’s zinc may cut production for the first time in four years because they can’t get enough raw material, further lifting prices of one of this year’s strongest-performing commodities. Zinc, used for rustproofing steel in everything from auto bodies to suspension bridges, has surged as much ...

Read More »

Gulf mixed before OPEC meeting; Egypt’s Cleopatra lists

  DUBAI / Reuters Gulf stock markets were mixed before an OPEC meeting on Thursday to discuss coordinated action among oil producers to support prices. Egypt’s market rose as a newly listed healthcare stock performed strongly. Riyadh’s stock index added 0.5 percent with support from some petrochemical shares as Brent oil held near $50 a barrel. Saudi Basic Industries climbed ...

Read More »

UAE-Peru trade ties grow stronger

  Sunaina Rana / Emirates Business Ties between Peru and the UAE have seen a burgeoning growth over the past few years in terms of trade, investments and political relations. According to Alvaro Silva-Santisteban, Director of the Trade, Tourism & Investment Office Peru, UAE, the total exports from Peru to the UAE have increased by 700% from 2011 to 2014, ...

Read More »
Send this to a friend