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Tuesday, December 31, 2013

US politicians to watch in 2014

US politicians to watch in 2014

US politicians to watch in 2014

Posted: 31 Dec 2013 07:03 AM PST

The FT chooses the rising stars and incumbents whose success or failure will say a lot about the political weather in the run-up to the 2016 presidential contest

South Sudan and rebels agree to talks

Posted: 31 Dec 2013 05:53 AM PST

Regional and international powers continue to seek an end to the three-week-old conflict but fighting along ethnic lines has continued

Malaysia cuts subsidies to plug deficit

Posted: 31 Dec 2013 05:39 AM PST

Malaysia's prime minister says long-standing system of government subsidies 'no longer sustainable' and also targets civil service perks

Israel frees 26 Palestinian prisoners

Posted: 31 Dec 2013 01:03 AM PST

Israel, as part of an agreement to set free 104 Palestinian prisoners, releases 26 men as John Kerry, US secretary of state, is set to return to the region

Turkish slump blamed on corruption probe

Posted: 31 Dec 2013 07:19 AM PST

Ali Babacan, deputy prime minister, brands investigation a 'mini coup' that has taken $49bn off the country's equity market

China confident it aced debt audit exam

Posted: 30 Dec 2013 07:12 PM PST

If Beijing is embarrassed about its debt burden, it is not showing it. The official line is that China has scored top marks in its debt audit

US to test commercial drones at six sites

Posted: 30 Dec 2013 12:27 PM PST

FAA said sites were chosen based on geography and climate diversity that would help it study safety, data-gatherings and environmental issues

Cigars face extinction in Britain by 2026

Posted: 30 Dec 2013 12:18 PM PST

While Britons bought 2.1m kg of cigars in 1992, last year they bought just 0.4m kg, according to figures from HM Revenue & Customs
Posted by Anonymous at 1:48 PM 0 comments

Monday, December 30, 2013

Latvia sees euro as shield against Russia

Latvia sees euro as shield against Russia

Latvia sees euro as shield against Russia

Posted: 30 Dec 2013 11:19 AM PST

Riga sees adoption of the currency as the last step in its pivot towards western Europe since it regained independence from the Soviet Union in 1991

Western Iraq on brink of revolution

Posted: 30 Dec 2013 11:42 AM PST

Government forces storm home of Sunni lawmaker and break up protest camp, in a move that international observers fear will stoke civil war

Max and Dave’s US tax show falls flat

Posted: 30 Dec 2013 10:43 AM PST

Efforts to bolster political support for a sweeping reform of the tax code have fallen flat with reform before November's midterms highly unlikely

Fears after key China debt level soars 70%

Posted: 30 Dec 2013 11:36 AM PST

Local government debt swelled to almost $3tn by the end of June, according to an estimate of liabilities by the National Audit Office

Spain to overhaul state pensions

Posted: 30 Dec 2013 05:38 AM PST

Reform aims to put creaking system on stronger financial footing as part of broader structural reform programme under Mariano Rajoy, prime minister

Athens and Berlin condemn gun attack

Posted: 30 Dec 2013 08:02 AM PST

Leaders vow assault on envoy's Athens residence will not damage relations as Greece prepares to take over the rotating presidency of the EU

Schumacher ‘critical’ after accident

Posted: 30 Dec 2013 03:17 AM PST

Seven times Formula 1 motor racing champion Michael Schumacher is in a 'critical condition' following a skiing accident at the French resort of Méribel

US billionaire Harold Simmons dies at 82

Posted: 29 Dec 2013 08:50 PM PST

The Texan billionaire, a pioneer of the leveraged buyout, was one of the richest men in the US and a major contributor to the Republican party

More Xinjiang violence claims eight lives

Posted: 29 Dec 2013 09:42 PM PST

Chinese security forces killed eight people who attacked a police station, in the third violent incident associated with the restive territory in two months
Posted by Anonymous at 1:20 PM 0 comments

Sunday, December 29, 2013

Suicide bomb kills 16 in Russian station

Suicide bomb kills 16 in Russian station

Suicide bomb kills 16 in Russian station

Posted: 29 Dec 2013 10:04 AM PST

Female suicide bomber believed to have been responsible for the blast in Volgograd, about 700km from the Winter Olympics venue of Sochi

Health reforms faces New Year’s day test

Posted: 29 Dec 2013 11:52 AM PST

People are going to start showing up at emergency rooms at midnight and the hospitals will need to figure out which insurers are covering them'

Erdogan rails against probe prosecutor

Posted: 29 Dec 2013 11:11 AM PST

In comments that could deepen a brewing showdown, Mr Erdogan suggested the judiciary's independence should not be absolute

China steps up anti-corruption drive

Posted: 29 Dec 2013 11:15 AM PST

Lawmakers in Hunan province suspended in unusual vote-buying scandal, widening a nationwide crackdown that has coincided with a broader reform push

Violence shakes Egypt as divide grows

Posted: 29 Dec 2013 09:30 AM PST

Explosion and clashes at al-Azhar university come during weekend of protests by opponents of the military-backed interim government as rhetoric escalates

China’s foreign students triple in decade

Posted: 29 Dec 2013 09:21 AM PST

More and more Chinese families are sending their children abroad to study, but the high costs do not always translate into well-paid jobs

Swedish rightwinger hosts Syrian refugees

Posted: 29 Dec 2013 09:45 AM PST

TV celebrity runs hostels for those fleeing civil war. Entrepreneur says 'I have not changed my politics but have no problem with this business'

Eta recognises human cost of campaign

Posted: 29 Dec 2013 08:01 AM PST

Basque nationalist group signals readiness to accept legitimacy of Spain's criminal justice system, though prisoners' statement stops short of apology

French high-earners tax approved

Posted: 29 Dec 2013 06:10 AM PST

Newly approved levy will raise only a few hundred million euros, a significant proportion from football clubs paying high wages to their star players

Italy’s Romanian experience may have lessons for UK

Posted: 29 Dec 2013 06:33 AM PST

Highly politicised debate rages in UK as EU restrictions that prevent Romanian and Bulgarian workers from seeking jobs in Britain expire this week
Posted by Anonymous at 1:26 PM 0 comments

Friday, December 27, 2013

Treasury yields highest since July 2011

Treasury yields highest since July 2011

Treasury yields highest since July 2011

Posted: 27 Dec 2013 07:36 AM PST

Higher market interest rates are expected in 2014 as the economy strengthens and the Fed steadily winds down its quantitative easing policy

IMF’s Lipton says Japan on target

Posted: 27 Dec 2013 09:08 AM PST

International community is supportive of Abenomics, says IMF deputy managing director, but needs to see Japan make progress on structural changes

Pussy Riot to continue anti-Putin protests

Posted: 27 Dec 2013 08:31 AM PST

Nadezhda Tolokonnikova and Maria Alyokhina say their release was to appease the west and the Putin regime could resume its crackdown after Sochi games

Beirut blast kills Lebanese ex-minister

Posted: 27 Dec 2013 03:16 AM PST

Mohamad Chatah, prominent opponent of Syria and Hizbollah, and four others die in latest attack in mounting conflict between Shia and Sunni sects

Ex-MI5 chief predicts Snowden amnesty

Posted: 27 Dec 2013 06:28 AM PST

Dame Eliza Manningham-Buller, former head of MI5, has said she thinks the US authorities will strike a deal to prevent release of further information

Billionaire calls for California split

Posted: 27 Dec 2013 09:27 AM PST

Venture capitalist Tim Draper launches campaign to have proposal, which would make richer areas like Silicon Valley self-governing, put to voters

Trade and tourism fuel new boom in Dubai

Posted: 27 Dec 2013 11:59 AM PST

Four years after it crashed in a sovereign debt crisis, the emirate is once again booming but critics say regulatory and legal issues remain a challenge

Turkey crisis inflicts pain on markets

Posted: 27 Dec 2013 12:55 PM PST

Investors weighed implications of a corruption probe that is coming closer to the prime minister's own family and threatening to engulf the construction sector

German meat industry stirs debate on pay

Posted: 27 Dec 2013 10:11 AM PST

Slaughterhouses emerge as a case study of labour policy as critics question the basic fairness of Germany's model and whether it should be aped elsewhere

Okinawa governor approves US base move

Posted: 27 Dec 2013 11:36 AM PST

The long dispute over the base embroiled both the Japanese and US national governments and local officials in Okinawa, a small but strategically located island
Posted by Anonymous at 1:21 PM 0 comments

Thursday, December 26, 2013

Turkish PM loses aura of invincibility

Turkish PM loses aura of invincibility

Turkish PM loses aura of invincibility

Posted: 26 Dec 2013 11:41 AM PST

The revelations were a shock for a government accustomed to getting its way but after appearing caught off-guard, Mr Erdogan has gone on the offensive

Tea Party shifts electoral strategy

Posted: 26 Dec 2013 10:36 AM PST

The Tea Party appears to be targeting races in 2014 in solidly "red" states, where Democrats have little prospect of victory under any circumstance

China rates stable but concerns remain

Posted: 26 Dec 2013 05:52 AM PST

Interest rates in China's money markets stabilised on Thursday but fears exist over high levels of debt in the economy at a time when growth is slowing

Energy deal tightens Russia ties to Assad

Posted: 26 Dec 2013 10:28 AM PST

Soyuzneftegaz and Syria sign agreement for the exploration and drilling, and development and production of oil and gas off the Syrian coast

Thai poll body wants elections postponed

Posted: 26 Dec 2013 04:32 AM PST

Poll body urges the government to delay the February 2 elections following violent clashes between protesters and security forces

Haiyan victims receive cash in rethink

Posted: 26 Dec 2013 04:36 AM PST

After decades of debate over how best to distribute foreign aid, experts are pushing to tear up what they see as far too timid rule book

African leaders in South Sudan for talks

Posted: 26 Dec 2013 05:08 AM PST

Kenya's president and Ethiopia's prime minister arrive in Juba to try to mediate between President Salva Kiir and his political rivals

Japanese PM visits Yasukuni war shrine

Posted: 26 Dec 2013 02:42 AM PST

Shinzo Abe provokes anger in China and South Korea by becoming first Japanese prime minister to visit the controversial war memorial in seven years

Cairo bomb blast deepens crisis in Egypt

Posted: 26 Dec 2013 09:58 AM PST

Explosion, which injured five people on a bus, comes hours after the government declared the Muslim Brotherhood a terrorist organisation

Cyber cafés lose out as China goes mobile

Posted: 25 Dec 2013 06:29 PM PST

Once a social hub for China's youth, increasing numbers of internet caf̩s are closing Рmade obsolete by the rise of smartphones and tablet devices
Posted by Anonymous at 1:44 PM 0 comments

Tuesday, December 24, 2013

South Sudan retakes rebel-held city

South Sudan retakes rebel-held city

South Sudan retakes rebel-held city

Posted: 24 Dec 2013 11:18 AM PST

The army of General James Hoth Mai, chief of the general staff, takes Bor town after prolonged fight. Number of casualties unclear

Fatal bomb blast at Egyptian police HQ

Posted: 24 Dec 2013 04:01 AM PST

At least 13 people have been killed and more than 100 injured after a huge bomb blast a security headquarters in Mansoura, northern Egypt

Israel bombs targets across Gaza strip

Posted: 24 Dec 2013 08:38 AM PST

The Israel Defence Forces said it used aircraft, tanks and infantry to target "terror sites" in the northern, central and southern Gaza strip

Kazakhstan allows fugitive family to leave

Posted: 24 Dec 2013 11:23 AM PST

Mother and six-year-old daughter expected to fly to Europe this week, the family said in a statement. Italy deported the pair from Rome last May

Global outlook: US rebound is key to prospects

Posted: 23 Dec 2013 12:27 PM PST

US demand should pick up the economic slack and suck in exports from across the globe, but there are potential pitfalls for some emerging economies

Turing granted posthumous pardon by Queen

Posted: 23 Dec 2013 04:03 PM PST

The government has reversed its stance over the 1952 conviction for homosexuality of the father of modern computer science, who later killed himself

China cash crunch eases as PBoC reassures

Posted: 23 Dec 2013 08:19 PM PST

Key seven-day repo rate falls 344 bps after central bank's $4.8bn injection, an important gesture to coax wary lenders back into doing business with each other
Posted by Anonymous at 1:22 PM 0 comments

Monday, December 23, 2013

Froman upbeat on US role in trade talks

Froman upbeat on US role in trade talks

Froman upbeat on US role in trade talks

Posted: 23 Dec 2013 09:39 AM PST

On the home front, Mr Froman is having to contend with significant political scepticism about Barack Obama's trade agenda among members of Congress

Scandal fallout hits Turkish business

Posted: 23 Dec 2013 10:36 AM PST

Halkbank, a state-controlled bank, tells the Borsa Istanbul stock exchange it has complied 'fully with national and international regulations'

Philips under scrutiny over Magnitsky law

Posted: 23 Dec 2013 10:27 AM PST

Philips, the Dutch electronics maker, has become the first foreign company to be affected by the Magnitsky Act, a US sanctions law

Christmas spirit fails to lift Spain

Posted: 23 Dec 2013 05:50 AM PST

As Christmas shoppers hold back spending, economists warn that Spain will be stuck with anaemic growth at best if domestic demand remains subdued

Anti-corruption party to govern Delhi

Posted: 23 Dec 2013 01:54 AM PST

Less than a year old, the anti-corruption AAP agrees to form a local government to run the Indian capital after its stunning election success

China’s central bank fails to ease cash squeeze

Posted: 23 Dec 2013 04:02 AM PST

Key short-term rate climbs to nearly 9% despite emergency money injections, fuelling concerns the central bank's actions have been ineffectual so far

US legal pot sector aims for legitimacy

Posted: 23 Dec 2013 10:25 AM PST

State-licensed businesses are in the spotlight ahead of New Year's day, when Denver hosts the US's first legal sale of marijuana for recreational use

EU-US trade tussle brews in beer industry

Posted: 23 Dec 2013 06:57 AM PST

Europe's craft brewers want EU officials to tackle what they say amounts to tax discrimination in the US as part of a new transatlantic trade deal

Pussy Riot members walk free from prison

Posted: 23 Dec 2013 06:35 AM PST

Two members of the Russian punk band jailed for launching an anti-Putin protest are released under an amnesty announced by the president last week

South Sudan fighting spreads to Upper Nile

Posted: 23 Dec 2013 09:28 AM PST

Fighting spreads to the oil-rich state of Upper Nile as the UN says more than 1,000 people have been killed since the start of the violence
Posted by Anonymous at 1:14 PM 0 comments

Sunday, December 22, 2013

Khodorkovsky vows not to seek power

Khodorkovsky vows not to seek power

Khodorkovsky vows not to seek power

Posted: 22 Dec 2013 11:35 AM PST

Former tycoon, freed after more than a decade in captivity, says he has no plans to enter Russian politics or to recover confiscated Yukos assets

South Sudan crisis sparks global oil fear

Posted: 22 Dec 2013 12:13 PM PST

The veteran Saudi oil minister has warned that a supply shortage is expected, as production losses in Nigeria and Libya have added to concerns

Three Egyptian activists get jail term

Posted: 22 Dec 2013 09:38 AM PST

Defendants, who were also leading figures in the 2011 revolution, sentenced just weeks after their arrest for staging demonstration

China pressures media over cash crunch

Posted: 22 Dec 2013 04:53 AM PST

As the markets prepare to reopen on Monday media outlets have been told to avoid 'hype' when covering China's 'short-term liquidity operations'

Erdogan backs officials against bribery ‘stain’

Posted: 22 Dec 2013 12:28 PM PST

Turkey prime minister blames foreign forces and the media for allegations of bribery against his government, accusing them of preparing 'a trap' to snare his ministers

France claims artificial human heart

Posted: 22 Dec 2013 06:19 AM PST

Unlike other devices that act as a bridge until a human heart is available for transplant, the Carmat version is intended to be a permanent replacement

Eight killed in Libya suicide blast

Posted: 22 Dec 2013 06:58 AM PST

At least eight people are killed in a suicide attack near Benghazi as Islamist militias adopt al-Qaeda-style tactics in an increasingly lawless Libya

Chinese hotelier Kok missing after crash

Posted: 22 Dec 2013 06:52 AM PST

Chinese hotelier Lam Kok is missing after his helicopter crashes into the Dordogne as he celebrated his acquisition of a Bordeaux vineyard

Burgundy and Italy uncork their potential

Posted: 22 Dec 2013 07:22 AM PST

Wine merchants defend Bordeaux wines saying market shift to Burgundy and Italy reflects rising interest in different styles of wine in a growing market

Ukraine denies entry to businessmen

Posted: 22 Dec 2013 08:04 AM PST

George Kikvadze, a US-educated Georgian national employed as a top executive at Ukraine's Terra food conglomerate, was denied entry into the country
Posted by Anonymous at 1:05 PM 0 comments

Friday, December 20, 2013

Maid in Manhattan drama exposes rift

Maid in Manhattan drama exposes rift

Maid in Manhattan drama exposes rift

Posted: 20 Dec 2013 11:26 AM PST

Arrest of deputy-consul general in New York triggered outrage in India among citizenry demanding their nation be respected as superpower

Iran’s young adults seek new social mores

Posted: 20 Dec 2013 05:27 AM PST

Desire for greater freedom and western norms bubbles under surface of Iran's society as children of a more conservative generation rebel

Turkish lira tumbles amid tensions

Posted: 20 Dec 2013 10:29 AM PST

Turkey is reliant on short-term capital inflows to underwrite more than 80 per cent of its $60bn-plus current account deficit

Khodorkovsky in Germany after pardon

Posted: 20 Dec 2013 11:20 AM PST

Former Russian tycoon confirms he asked for a pardon on family grounds but denies he admitted any guilt after more than a decade in prison

Brussels fury on claims of US-UK spying

Posted: 20 Dec 2013 11:41 AM PST

More revelations from Edward Snowden suggesting US and UK spied on EU commissioner Almunia sparks fury in Brussels, particularly at fellow member state

US growth of 4.1% validates Fed move

Posted: 20 Dec 2013 10:20 AM PST

Revision adds to data suggesting US economy is accelerating and validates Fed's decision to taper its asset purchases to $75bn a month

African migrants seek new route to Europe

Posted: 20 Dec 2013 04:18 AM PST

Melilla a small slice of Spain next to Morocco that has turned into a magnet for migrants from west Africa and the Arab world

Ukraine industry weighs Russian deal

Posted: 20 Dec 2013 07:36 AM PST

In the industrial heart of pro-Russian eastern Ukraine, debate still rages about whether Kiev was right to pivot towards Russia

Divergent paths for Guantánamo Bay inmates

Posted: 20 Dec 2013 07:16 AM PST

After more than a decade of detention with no charge and no trial, inmates at the US military facility are facing two divergent paths of justice

Largest union calls for Zuma to resign

Posted: 20 Dec 2013 08:12 AM PST

'Nkandlagate', the scandal over Jacob Zuma's luxurious home, is just one of many reasons why South Africa's largest union has turned against the president
Posted by Anonymous at 1:44 PM 0 comments
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