WASHINGTON / AP The State Department has released more than 1,000 new pages of Hillary Clinton’s emails. Eighty-one messages were classified, mostly at the lowest level of sensitivity. None was declared top secret. The department has now released more than 45,000 pages of emails from the private account Clinton used as secretary of state. It plans to finish making her ...
Read More »Syrian oppn slams truce deal
Munich / AP A senior figure in the Syrian opposition movement on Sunday criticised the truce deal forged by the US and Russia, saying Moscow was continuing its onslaught on civilian areas. “We have gotten used to conferences and hope put into words but what we need is action, and the action I see is that Russia is killing Syrian ...
Read More »Tsipras chides EU, IMF for reform assessment delay
Athens / AFP An assessment of Greece’s attempts to reform its struggling economy is being held up by disagreements between the European Union and the IMF, Prime Minister Alexis Tsipras has said. “Negotiations on the reform plan have fallen behind, which is in nobody’s interest,” he said on Sunday, cited by the Avghi daily, close to Tspiras’ Syriza party. Greece ...
Read More »Hopes for peace as C Africans vote in presidential run-off
Bangui / AFP Voters in the Central African Republic were casting their ballots on Sunday in delayed legislative elections and a presidential run-off which they hope will bring peace after the country’s worst sectarian violence since independence in 1960. The nation, dogged by coups, violence and misrule since winning independence from France, could take a step towards rebirth if the ...
Read More »EU in final push for difficult ‘Brexit’ deal
Brussels / AP The quest to prevent Britain crashing out of the European Union faces its moment of truth this week, with EU chief Donald Tusk touring key capitals in a final push for a deal at a crucial Brussels summit. Many of Prime Minister David Cameron’s demands for reforms ahead of a referendum on Britain’s membership of the crisis-hit ...
Read More »Budget fairy tales
We have a candour deficit President Obama last week submitted his $4 trillion 2017 budget, using the occasion for self-congratulation. Deficits are down. Employment is up. He plugged proposals to improve cyber-security, early childhood education and “clean†energy. All this is routine political advertising. What’s missing is candor and context. We now have a government that’s doing less and costing ...
Read More »UAE’s medical tourism industry on right track
While improving the overall infrastructure nationwide which is giving a boost to the healthcare sector, the UAE has been wooing more visitors, including medical tourists who visit the country to spend their holidays and receive medical treatment as well. The UAE has turned into a hub for medical tourism and it has worked very hard to achieve this status. Both ...
Read More »Obama shows how not to sell a carbon tax
President Barack Obama’s proposal this week for a $10-a-barrel tax on oil, which has been overwhelmingly rejected by Republicans, could make it easier for the next president to pass a carbon tax — by demonstrating how not to go about it. Obama made three mistakes. First, he targeted a single industry, and one that many Americans believe he doesn’t like. ...
Read More »What should investors ask themselves?
George Mason University economist Tyler Cowen has an intriguing blog post asking a deceptively simple question: You are an investor with $10 million planning to cash out in 20 years. A genie appears and offers to send you the price of one but only one asset 20 years from now to inform your investment decisions (a stock, currency pair, commodity, ...
Read More »ADIB net profit up by 10.5%
ABU DHABI / EMIRATES BUSINESS Abu Dhabi Islamic Bank (ADIB) has reported a net profit of AED 1,934 million for 2015, a 10.5 percent increase from a year earlier. The number of customers increased by over 100,000. This reflects the continued growth of ADIB’s main banking activities across all customer segments, particularly its ongoing penetration and targeting of the UAE’s ...
Read More »