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United States / AFP Western powers rejected a Russian bid at the United Nations to halt Turkey’s military actions in Syria, as France warned of a dangerous escalation in the nearly five-year conflict. The emergency Security Council meeting came as US Secretary of State John Kerry cautioned there was “a lot more work to do” for a ceasefire to take ...

Baghdad / AFP Sunni Arab tribesmen battled militants of the IS group in their Fallujah stronghold for a second day on Saturday in a major blow to the extremists in Iraq, officials said. Fallujah is one of two Iraqi cities still controlled by IS, but residents—said to number in the tens of thousands—vastly outnumber the estimated 300 to 400 extremists ...

United Nations / AP The head of an international group monitoring South Sudan’s peace process said he will propose security arrangements to spur the return of rebel leader Riek Machar as vice president, a critical step to launching a national unity government that must urgently tackle escalating violence and the country’s “humanitarian catastrophe.” Festus Mogae told the UN Security Council ...

kiev / AFP Ukrainians on Saturday sombrely marked the second anniversary of the bloody revolution that ousted Russian-backed president Viktor Yanukovych, as a fresh political crisis left many disillusioned with the current leadership. President Petro Poroshenko and his wife came early in the morning to light icon lamps at a memorial cross for the more than 100 people killed in ...

Jerusalem / AFP The sniper barrel juts out of the ancient wall above Jerusalem’s Damascus Gate, pointing down towards a young Palestinian being searched by Israeli policemen. A key tourist site and one of the entrances to the Old City, the massive white stone gate has become a backdrop for the violence between Israel and Palestinians that erupted almost five ...

At her most recent press conference in December, Federal Reserve Board Chair Janet Yellen had this (abbreviated) exchange with ABC News reporter Rebecca Jarvis. Jarvis: Historically, most economic expansions fade after this long. How confident are you that our economy won’t slip back into recession in the near term? Yellen: … I think it’s a myth that expansions die of ...

The UK has never been so divided as it is now over a controversial deal struck by British Prime Minister David Cameron with the European Union regarding the UK’s future relationship with the EU. Cameron thinks the agreement has given the UK a “special status”. The UK is almost evenly split over Brexit. The latest opinion poll, by TNS, found ...

The last surge in growth in China, taking place in the wake of the Global Financial Crisis, was fueled by risky lending and high levels of investment. The fallout from that lending was high debt, often nonperforming loans, and slowing growth. At present, China’s public and private debt-to-GDP ratio weighs in at 232 percent, higher than in most countries at ...

The CFA Institute in its annual sentiment report surveys individual and institutional investors to determine what they are anxious about. You might be surprised to learn that about one-in-three is greatly concerned about another 2008-09 type financial crisis: Investors revealed a growing anxiety about the state of global finance. Almost one-third of investors feel that another financial crisis is likely ...

RIYADH / Bloomberg JLL, the world’s leading real estate investment and advisory firm, has released its inaugural ‘2016 Top Trends for KSA Real Estate’. Modelled on similar JLL reports in other markets, the KSA Top Trends will be an annual report which will assess and forecast the major trends which are likely to impact and shape the KSA real estate ...