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There are risks and costs to action. But they are far less than the long range risks of comfortable inaction.
— John Fitzgerald Kennedy
USA
  • Britain avoids M&A collapse as foreign buyers go Brexit bargain hunting

    Britain avoided a collapse in mergers and acquisitions activity after the shock Brexit vote as foreign companies used sterling’s spectacular devaluation against the US dollar to snap up British companies, Thomson Reuters data shows. British M&A totalled £145 billion in 2016, down sharply from the record £321 billion reached in 2015 ...

  • What will, won't and might happen on the political scene in 2017

    The outcome of the Brexit vote and Donald Trump’s US presidential victory in 2016 reminded us of the pitfalls of making predictions. Undeterred, Kurt Sansone gazes into the political crystal ball for the coming year. There is no doubt that the most asked question of 2017 will be whether the general ...

  • New UN chief urges New Year's resolution: 'Put Peace First'

    Antonio Guterres took the reins of the United Nations on New Year's Day, promising to be a "bridge-builder" but facing an antagonistic incoming U.S. administration led by Donald Trump who thinks the world body's 193 member states do nothing except talk and have a good time.The former Portuguese prime minister ...

  • Under 3 weeks left: Obama in closing stretch of presidency

    His last presidential vacation behind him, Barack Obama is entering the closing stretch of his term, an eleventh-hour push to tie up loose ends and put finishing touches on his legacy before handing the reins to President-elect Donald Trump.Obama returns to Washington at midday Monday from Hawaii with less than ...

  • Updated (3): Islamic State claims Istanbul nightclub attack which killed 39

    The Islamic State group on Monday claimed responsibility for the New Year's attack at a popular Istanbul nightclub that killed 39 people and wounded scores of others.The IS-linked Aamaq News Agency said the attack was carried by a "heroic soldier of the caliphate who attacked the most famous nightclub where ...

  • 2016 – Top 10 political hot topics of a year rife with controversy and scandals

    This year has, to say the least, been a turbulent year, with ever bolder acts of terror around Europe, war raging in Syria and unexpected results at the polls – such as the UK’s Brexit vote and the election of soon-to-be US President Donald Trump.No-one would describe 2016 as a ...

  • Editorial: A few prospects for 2017

    With the scandal-ridden 2016 now safely behind us, the country can now look forward to a new year with a fresh perspective although there is no doubt that many of the conundrums and calamities that plagued the government and by default the nation at large will certainly continue to take ...

  • Korean Exports Down 5.9% in 2016

    Korea's exports fell for two straight years in annual terms. The country, however, posted a trade surplus as its imports also declined. According to the Ministry of Trade, Industry, and Energy on January 1, the nation's exports amounted to US$495.5 billion last year, down 5.9 percent from a year ago. ...

  • Financial market watch for the week ended December 30, 2016

    Local economy news According to statistics from the Central Bank of Nigeria, the apex bank spent $4bn from the nation’s external reserves to defend the local currency in 12 months, despite the staggering crash in the value of the naira against the United States dollar and other major foreign currencies ...

  • Il rinascimento della psichedelia

    L’elezione a sorpresa di Donald Trump ha oscurato una notizia dagli Stati Uniti che in un altro momento sarebbe stata di primo piano: la legalizzazione della cannabis per uso medico in Florida e Arkansas e di quella per uso ricreativo in Nevada, Massachusetts e California, il primo stato degli Stati ...

  • Security Council supports mediation efforts, calls for humanitarian access throughout Syria

    Source: UN Security Council Country: Syrian Arab RepublicThe Security Council unanimously adopted a resolution supporting efforts by the Russian Federation and Turkey to end nearly six years of bloodshed in Syria and jump-start a political process.SC/12663 Security Council 7855th Meeting (PM) The Security Council today unanimously adopted a resolution supporting efforts by the Russian ...

  • Topmost global rating body: Nigeria’s economy will improve 2017

    Bayo Akinloye ONE of the world’s leading credit rating agencies, Moody’s, has cheerful news for Nigerians in 2017.  It says the country’s economy and her dollar earnings are expected to improve in the new year. The US-based top rating firm’s Vice President and Lead Analyst for Nigeria, Lucie Villa, told ...

  • If 2016 was year of upheaval, 2017 could be even bigger, UKIP leader warns

    The New Year could bring even greater upheaval than 2016, UKIP leader Paul Nuttall has said. Following a year which has brought the twin seismic political events of the Brexit vote and the election of Donald Trump as United States president, Mr Nuttall said 2017 "could be even bigger". He also urged ...

  • Poll: Raila is the most trusted and controversial personality

    Kenyans have expressed mixed feelings about opposition leader Raila Odinga in a poll conducted by the Star that ranks Education CS Fred Matiang’i as Person of the Year. Raila was ranked most controversial personality, most trusted person and the person with the most negative impact on respondents’ lives. The poll ...

  • La Cina vieterà il commercio di avorio entro la fine del 2017.

    La Cina vieterà il commercio di avorio entro la fine del 2017. La prima fase prevede che entro il 31 marzo alcuni negozi che commerciano avorio siano chiusi e restituiscano le licenze, mentre la fine dell’anno tutto il commercio di avorio in Cina sarà vietato. Una decisione simile è stata ...

  • Due esplosioni nel centro di Baghdad provocano almeno 28 morti

    Due esplosioni nel centro di Baghdad provocano almeno 28 morti. Le due bombe sono esplose la mattina del 31 dicembre in un mercato affollato del quartiere Sinak, nel centro della capitale irachena. La polizia e fonti mediche parlano di almeno 28 morti e più di 50 feriti. Una delle due ...

  • Battered Toshiba out of easy options to plug nuclear hole

    Faced with the prospect of a multi-billion-dollar writedown that could wipe out its shareholders’ equity, Japan’s Toshiba is running out of fixes: it is burning cash, cannot issue shares and has few easy assets left to sell. The Tokyo-based conglomerate, which is still recovering from a $1.3 billion accounting scandal in ...

  • Updated: Russian President will not expel US diplomats; condemns new round of sanctions

    President Vladimir Putin has condemned a new round of U.S. sanctions against Russia but says Moscow will not retaliate by expelling American diplomats.U.S. President Barack Obama on Thursday imposed sanctions on Russian officials and intelligence services in retaliation for Russia's interference in the U.S. presidential election by hacking American political ...

  • Balzan here to stay! Interview with Balzan coach Oliver Spiteri

    Until a few years ago no one would have imagined that Balzan FC would reach the heights of elite football in Malta.Balzan went into the Christmas and New Year break as the BOV Premier League winter champions.  34 points gained from 16 matches are the stats that catapulted the modest ...

  • 2016 in review: Panama Papers scandal turns popular sentiment against governments worldwide

    Globalization, the path that the world economy has largely followed for decades, took some hefty blows in 2016.The election of Donald Trump as U.S. president and Britain's decision to leave the European Union have raised questions over the future of tariff-free trade and companies' freedom to move production to lower-cost ...

  • Ban Ki-moon buoyed by climate accord but laments conflicts

    Ban Ki-moon ends 10 years at the helm of the United Nations lamenting the "fires still burning" from Syria to South Sudan but buoyed by a global agreement to combat climate change and new U.N. goals to fight poverty and inequality.As a final act before his term ends at midnight ...