Views
Emission crisis
Monday, 20 May 2013
The aviation industry is on the verge of a trade war over the issue of regulating the airline industry’s greenhouse emissions. Reports say hope is dwindling for a global deal on the aviation industry’s emissions ahead of a deadline in October. The European Union had signed last month a temporary freeze of its requirement that all aircraft pay for carbon emissions through the EU ...
English-language proposal has French up in arms
Monday, 20 May 2013
By Edward Cody There was a time, not so long ago, when anyone with a proper education spoke French. Diplomacy and business were conducted in French. Knowledge was spread in French. Travelers made their way in French and, of course, lovers traded sweet nothings in French. Viewed from France, the trouble with modern times is that many of those activities are now conducted in English, even...
Training fails to halt US military sex assaults
Monday, 20 May 2013
By Tabassum Zakaria and David Alexander Under pressure to fight sexual assault, the US armed forces in recent years rolled out education programmes about proper sexual conduct through methods like role playing and video games. The increase in education has nevertheless failed to prevent what the nation’s top general called last week “a crisis” after the Pentagon report...
New dangers change job of US envoys
Monday, 20 May 2013
By Susan Cornwell When the Yemen-based branch of Al Qaeda placed a bounty on her husband’s head, Mary Feierstein learned of it from a friend who called and said, “You must be a mess!” US Ambassador Gerald Feierstein was thousands of kilometres away at the US Embassy in Sanaa, without his wife and family on what is called an “unaccompanied” posting. He i...
Planned US launch big gambit for Al Jazeera
Monday, 20 May 2013
WASHINGTON: Can Al Jazeera win hearts and minds in America? The pan-Arab news giant is laying the groundwork for the launch of Al Jazeera America after its purchase of Current TV, a struggling US cable channel. It will likely face an uphill battle for viewers but could solidify its journalistic brand, analysts say. “Al Jazeera is going into extremely unfamiliar terrain,”...
Rating upgrade crowns Turkey’s peaceful rise
Monday, 20 May 2013
Turkey’s achievement of investment-grade status crowns a decade of rapid growth, financial stability and political reform by a “tiger” economy on the seam of Europe and Asia, but the rising power still faces pitfalls in a dangerous neighbourhood. Moody’s Investors Service raised its rating on Ankara’s sovereign bonds to Baa3, or investment grade, from Ba1 late ...
Airline emissions deal may not be before EU deadline
Monday, 20 May 2013
By Allison Martell Hope is fading for a global deal to regulate the airline industry’s greenhouse gas emissions ahead of a fall deadline, even though failure could push the industry back to the brink of a trade war over the European Union’s emissions trading system. Last November the EU suspended its controversial scheme to force all airlines to buy carbon credits for any fl...
Frontier markets booming but risk mounting
Monday, 20 May 2013
By Manuela Badawy With the world’s biggest central banks driving yields on safe assets to near zero, some investors are tossing caution to the wind and rushing to buy illiquid and previously overlooked bonds sold by countries with no capital markets track record. Even the biggest investors acknowledge that “frontier markets” like Vietnam and Romania aren’t for th...
Greek lender Piraeus hires banks to advise on share issue
Sunday, 19 May 2013
ATHENS: Greece’s second-largest lender Piraeus Bank has hired four international investment banks as advisers on its ¤7.33bn ($9.4bn) share issue, two bankers close to the procedure said yesterday. “Goldman, Barclays, Deutsche Bank and Bank of America-Merrill Lynch will be acting as advisers,” one of the bankers said. Greece’s top four ban...
Don’t be fooled by Google’s baby-facery
Sunday, 19 May 2013
By Marina Hyde Whenever I think of those iconoclasts at Google, changing the very essence of business one totally awesome logo doodle at a time, I remember a New York Times article about a Waldorf school that featured a girl called Andie. Based on the teachings of Rudolf Steiner, this school is a studiedly old-fashioned place of blackboards and chalk, where the classroom tools are things su...
JP Morgan chairman, president & CEO Jamie Dimon needs a boss
Sunday, 19 May 2013
By felix salmon Jamie Dimon is wagging his finger from newstands across America this week, above the kind of headline his PR team can only dream of: “DIMON IS FOREVER: Why Jamie Dimon is Wall Street’s Indispensable Man”. The story itself, by Nick Summers and Max Abelson, consists mainly of rich corporate insider types talking about how wonderful Jamie Dimon is, and how...
Assad’s message
Sunday, 19 May 2013
‘I am here to stay,’ is the message which Syrian President Bashar Al Assad has to convey to his detractors at home and abroad. In a rare, exclusive interview given to the Argentinian newspaper Clarín, shared with London’s Observer newspaper (carried out amid the sound of artillery fire resounding through his presidential palace in Damascus) Assad made it stunningly clea...
War on terror is ‘permanent’
Sunday, 19 May 2013
By Glenn Greenwald Last October, senior Obama officials anonymously unveiled to the Washington Post their newly minted “disposition matrix”, a complex computer system that will be used to determine how a terrorist suspect will be “disposed of”: indefinite detention, prosecution in a real court, assassination-by-CIA-drones, etc. Their rationale for why this was needed...
Iraq will become Obama’s problem again
Sunday, 19 May 2013
Former US ambassador to Iraq Ryan Crocker views the current situation as a return to the conditions of 2006 and 2007, when Iraq plunged into civil war-like violence. By Michael Knights As American troops were pulling out of Iraq in 2010, the US effort to stabilise the country resembled the task of an exhausted man who had just pushed a huge boulder up a steep hill. Momentum h...
Clock running out for some key reformers in Asia
Sunday, 19 May 2013
By William Pesek Voters in the Philippines appear to have delivered a resounding victory to President Benigno Aquino in midterm elections. The son of former President Corazon Aquino looks set to control both houses of Congress, giving him a mandate to continue his reform policies. His biggest worry now is making them stick. In the first half of his six-year term, Aquino arrested his pre...
Obama’s woes
Saturday, 18 May 2013
The 2009 Nobel Peace Prize winner is beginning to lose his peace. Barack Obama is going through one of the most bruising weeks of his presidency, with scandals over Benghazi, the Internal Revenue Service and Justice Department delivering fatal blows to his image. Just six months into his second term, the president has found himself in a place he could never have thought of: that of Richard Nixo...
BRITAIN BEEF SPACE ODDITY CAN CAMERON HORSE MEAT DAVID BOWIE
Saturday, 18 May 2013
Group: ViewsEurope Credit: SCHRANK Source: Sunday Business Post - Dublin, Ireland Keywords: COLOR BRITAIN BEEF SPACE ODDITY CAN CAMERON HORSE MEAT DAVID BOWIE 051713 Provider: CartoonArts International / The New York Times Syndicate...
UK trade may struggle for rights on EU exit
Saturday, 18 May 2013
By Tom Miles As British Prime Minister David Cameron struggles to accommodate eurosceptics in his party, trade experts warn that quitting the European Union would force Britain not just to rework trade relations with the EU, but also with the EU’s trade partners and probably the World Trade Organization. Moreover, it would struggle to maintain the same level of trading rights it e...
Does inequality help growth?
Saturday, 18 May 2013
By Chrystia Freeland One of the most urgent questions in economics today is the connection between inequality and growth. That is because one of the big economic facts of our time is the surge in income disparity, particularly between those at the very top and everyone else. The other big fact is the recession set off by the financial crisis and the consequent imperative to jump-start econo...
Will Treasury admit high-speed rail link HS2 is a fiasco?
Saturday, 18 May 2013
By simon jenkins What a surprise. The National Audit Office has found a £3.3bn hole in the finances of the high-speed rail link HS2. It doubts if the project will do much for Britain’s economic growth or the “north-south divide”. It also questions the benefit of shorter journey times in an age of Wi-Fi and 3G. To the strident Margaret Hodge, of the Commons ...
Business Views
Rating upgrade crowns Turkey’s peaceful rise
Turkey’s achievement of investment-grade status crowns a decade of rapid growth, financial stability and political reform by a “tiger” economy on the seam of Europe and Asia, but the rising power still faces pitfalls in a dangerous neighbourhood. Moody’s Investors Serv...
Airline emissions deal may not be before EU deadline
By Allison Martell Hope is fading for a global deal to regulate the airline industry’s greenhouse gas emissions ahead of a fall deadline, even though failure could push the industry back to the brink of a trade war over the European Union’s emissions trading system. Last Novem...
Opinion
End the impunity of Congo’s war criminals
By Navi Pillay Last Monday, when the eastern Congolese city of Goma once again fell into the hands of an armed group – this time the M23 movement – I had a clear sense of history repeating itself. The name may have changed, but the play and many of its leading characters rem...
Behind Spain’s turmoil lies a cronyism
By John Carlin Here’s the news from Spain last week, in case anybody missed it: huge cuts in government spending; higher taxes; biting austerity; unemployment higher than in Greece; big and growing demonstrations in Madrid; violent clashes with police; and in Catalonia, a rising ...
Editorial
Emission crisis
The aviation industry is on the verge of a trade war over the issue of regulating the airline industry’s greenhouse emissions. Reports say hope is dwindling for a global deal on the aviation industry’s emissions ahead of a deadline in October. The European Union had signed last mo...
Assad’s message
‘I am here to stay,’ is the message which Syrian President Bashar Al Assad has to convey to his detractors at home and abroad. In a rare, exclusive interview given to the Argentinian newspaper Clarín, shared with London’s Observer newspaper (carried out amid the sound of ...
Editor In Chief
Assad will not fall
Khalid Al Sayed EDITOR-IN-CHIEF When Arab revolutions started, there were high hopes that Arab countries will be freed from dictatorships and corrupt rulers, and there will be democratisation, rule of law and peaceful transition of power. This optimism, however, has waned...
Gulf citizens have to answer Heikal’s question
Khalid Al Sayed EDITOR-IN-CHIEF In a lecture by Mohammed Hassanein Heikal on ‘The Gulf: The Day after Tomorrow” at Qatar National Convention Centre on Sunday, which was attended by H H Sheikh Hamad bin Khalifa Al Thani and H H Sheikha Moza bint Nasser, the fa...
Political Views
English-language proposal has French up in arms
By Edward Cody There was a time, not so long ago, when anyone with a proper education spoke French. Diplomacy and business were conducted in French. Knowledge was spread in French. Travelers made their way in French and, of course, lovers traded sweet nothings in French. Viewed from Franc...
Training fails to halt US military sex assaults
By Tabassum Zakaria and David Alexander Under pressure to fight sexual assault, the US armed forces in recent years rolled out education programmes about proper sexual conduct through methods like role playing and video games. The increase in education has nevertheless failed to prevent w...
Letters to the Editor
Venezuela has banned use of public resources in rallies
The Venezuelan government has rejected two articles published by The Peninsula in its views columns last month. The Venezuelan Foreign Ministry’s Department in charge of Middle East Affairs said in a statement that both articles were on the internal political situation of Ve...
School taking students, parents for a ride
As a concerned parent, I am shocked and surprised to find how parents (and children) are being taken for a ride by an Indian community school. Apart from ongoing issues like forceful collection of fees for the next academic year through post-dated cheques for the entire year, the issue we are...
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