August, 2016

• 25 August

  Iraq forces retake key town south of Mosul

    Qayrarah / AFP Iraqi forces backed by coalition air strikes on Thursday pushed the IS group from Qayyarah, a northern town considered strategic for any future offensive against the jihadists’ last stronghold of Mosul. “We control all parts of the town and managed, in very limited time, to root out IS ,” Lieutenant General Riyadh Jalal Tawfik, who commands ...

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• 25 August

  Turkey says has ‘every right to intervene’ if Syrian Kurds fail to withdraw

    Ankara / AFP Turkey on Thursday said it had “every right” to intervene if Syrian Kurdish militia do not withdraw east of the Euphrates River in Syria, as promised by the United States. The Syrian Kurdish forces “must move to the east of the Euphrates and Turkey is following this very closely,” Defence Minister Fikri Isik told NTV television. ...

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• 25 August

  Kerry in Saudi talks on Yemen, Syria, Libya

  

    JEDDAH / AFP US Secretary of State John Kerry was holding talks with his Gulf counterparts and a British minister in Saudi Arabia on Thursday on the conflicts in Yemen, Syria and Libya. The coordination with Washington’s major Middle East allies came on the eve of Syria talks in Geneva between Kerry and his Russian counterpart Sergei Lavrov. After a ...

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• 25 August

  Iranian navy in ‘unsafe’ intercept of US destroyer

  

    Washington / AFP Four Iranian warships sped close to two US Navy guided missile destroyers with their weapons uncovered in the Strait of Hormuz in an “unsafe and unprofessional” encounter between the longtime foes, American defense officials said. The USS Nitze shot warning flares, sounded its whistles and attempted unsuccessfully to communicate with the Iranian boats during Tuesday’s incident, ...

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• 25 August

  Russia launches large snap military drills

    Moscow / AFP Russia on Thursday launched large-scale snap military drills, putting its troops on full combat readiness in districts bordering Ukraine and the Baltic states, the defence minister said. “In accordance with the decision of the Supreme Commander-in-Chief of Armed Forces of the Russian Federation (President Vladimir Putin), a spot check started today,” Defence Minister Sergei Shoigu said ...

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• 25 August

  The comeback of middle-wage jobs

  

    One of the economy’s bright spots is the job market — and it may be even brighter than it seems. Not only are there more jobs (1.3 million so far in 2016), but they may be better-paying, according to a new analysis by economists at the Federal Reserve Bank of New York. The Fed economists report that middle-wage workers ...

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• 25 August

  Still a lot of negativity on the housing market

  

    There has been a steady drumbeat of negativity about housing ever since the residential real-estate market crashed. While there are some signs of recovery, psychological damage persists. It has been a few years since we last looked at this issue, so we’re overdue for a revisit. Everyone has to live somewhere, and where and in what kind of housing ...

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• 25 August

  The EPA has a chance to make air travel greener

  

    The Environmental Protection Agency’s intention to limit greenhouse-gas emissions from airplanes may sound like a small thing. U.S. aircraft are responsible for just 3 percent of U.S. carbon dioxide emissions, and 0.5 percent of total emissions worldwide. In the U.S., coal-fired power plants generate almost seven times as much carbon dioxide as planes. But air travel grows by 5 ...

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• 25 August

  Youth unemployment poses big challenge

    Recession and slowdown in growth are set to drive the youth unemployment rate to a 20-year high with 71 million young people out of work. So, we may see a young population equal to an entire Thailand unemployed by the end of this year. The findings of International Labour Organisation (ILO) are unsettling because it is the labour market ...

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• 25 August

  Clinton is making her trust problem worse

  

    Hillary Clinton enjoys about a five-point polling lead over Donald Trump. One way to look at this is that it’s a margin, at this stage of a presidential race, that is rarely reversed. Here’s another way. The Democrats had a successful convention, the Republicans didn’t. Clinton’s campaign has been smooth; Trump’s has careened between disasters. She has reached out ...

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