HANNOVER / AP President Barack Obama on Monday announced the deployment to Syria of an additional 250 US special operations forces to assist local troops who are trying to dislodge IS extremists, significantly broadening the American presence in the war-torn country. The move will bring the number of personnel to roughly 300, up from about 50 special operations forces ...
Read More »Afghan leader implores Pakistan to battle Taliban
Kabul/ AFP Afghan President Ashraf Ghani Monday implored Pakistan to battle the Taliban instead of trying to bring them to peace talks, in a new hardline stance after a brazen insurgent attack killed at least 64 people. The assault last Tuesday on a security services office in the heart of Kabul appeared to be the deadliest on the Afghan ...
Read More »Turkey rebels to ‘escalate war’
Istanbul / AFP The Kurdish rebel PKK movement is ready to step up its fight against Turkey in response to Ankara’s blistering military campaign, its leader warned in a BBC interview released on Monday. Since the collapse of a two-year ceasefire with the Kurdistan Workers Party (PKK) last year, Turkish government forces have been carrying out operations against the ...
Read More »Palace-museum recalls restive Darfur’s royal past
El Fasher / AFP Tucked between palm trees and verdant lawns in the centre of Darfur’s El Fasher, the palace of the restive Sudanese region’s last sultan has become a rare focus of pride, 100 years after his death. Silver swords, antique rifles, richly coloured robes and even the throne from which autocrat Sultan Ali Dinar ruled Darfur’s vast ...
Read More »UN: ‘Significant’ differences persist among Yemen foes
Kuwait City / AFP Yemen’s warring parties held a fifth day of peace talks in Kuwait on Monday after the UN envoy said “significant differences” still separate them. A UN spokesman said the talks between the government and the Shiite Houthi rebels had resumed after extensive discussions of security, political and humanitarian issues on Sunday. “Significant differences in the ...
Read More »The price Britain would pay for divorcing Europe
The U.K. Treasury’s paper on the economic costs of Brexit seems competent and thorough, as you would expect — and says those costs would be high, as you’d also expect. That said, it would be a mistake to regard this analysis as settling much. Judging the likely economic costs is an unavoidably uncertain exercise. The range of possible outcomes ...
Read More »Malaysia has plenty of jobs but no one to take them
The pattern is a familiar one. In February, the Malaysian government proposed allowing 1.5 million Bangladeshi workers into the country to seek employment. A popular backlash ensued and the government quickly backtracked, imposing a moratorium on hiring foreign workers of all kinds, which still stands. In advanced economies, where this kind of back-and-forth is common, that might be the ...
Read More »Global stocks decline as crude oil fluctuates, dollar weakens
BLOOMBERG Shares retreated around the world, while crude oil fluctuated amid concerns that a supply glut will persist. The yen strengthened, reflecting investor caution before central bank meetings this week in the U.S. and Japan. The Standard & Poor’s 500 Index fell for the second time in three days since climbing within 1 percent of its all-time high. Energy ...
Read More »Emirates Securities Market down by -0.10 percent
ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.10% to close at 4709.13 points. Accordingly the Market Capitalization has lost AED 0.74 billion attaining AED 763.88 billion. A total of 0.51 Billion Shares were traded with a total value of AED 0.64 billion during the trading session of 25-04-2016 through 6891 transactions. The number of companies ...
Read More »Missing ingredient for millennials: Down payment savings
AP Short of savings and burdened by debt, America’s millennials are struggling to afford their first homes in the face of sharply higher prices in many of the most desirable cities. Surveys show that most Americans under 35 lack adequate savings for down payments. The result is that many will likely be forced to delay home ownership and to ...
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