Gas prices: There’s not much that presidents can do about them GOP nominee Mitt Romney makes sure he gets to make his point even as debate moderator tries to move on. By John W. Schoen, NBC News When you pull up to that gas pump and nearly faint […]
ABDELMONEIM ABU EDRIS ALI | AFP ARABNEWS Thursday 18 October 2012 KHARTOUM: Sudan’s Parliament yesterday approved almost unanimously deals with South Sudan on oil and security that the two countries’ presidents have hailed as ending their conflict. “After discussion by the MPs, the general feeling of the assembly is to […]
by Andreas Keiser, swissinfo.ch Switzerland tops all major research and innovation rankings worldwide, largely thanks to generous funding and a clear separation between public and private research, as well as […]
Story Summary Since the dawn of the industrial age, a recurrent fear has been that technological change will spawn mass unemployment. However, neoclassical economists disagreed, predicting that this would not happen because people would find other jobs, albeit possibly after a long period of painful adjustment. Two hundred years of […]
“The point is not for the giver to have a good feeling, but for the people we’re trying to help to have a good feeling.” Quotation from Bill Gates, Melinda […]
A compass pointing the way to Mecca is embedded in a new MasterCard aimed at Muslims. Gulf state-owned bank Al Hillal in the United Arab Emirates has rolled out the […]
Forget a diamond the size of the Ritz – astronomers have discovered a planet partly made out of diamond, and at an incredible 40 light years away from Earth, it is visible to the naked eye. While visually appealing, with no atmosphere and temperatures reaching 1,648 degrees Celsius it’s hardly […]
Source: Albawaba Business Emirates Islamic Bank (EIB), one of the leading Islamic financial institutions in the region and the Islamic banking arm of Emirates NBD Group, announced today the launch of a three weeks-long “Indian Rupee (INR) Remittance Campaign,” which offers customers the opportunity to remit funds to India at […]
WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell sharply last week to the lowest level in more than four and a half years, according to government data on Thursday that suggested improvement in the labor market. The news could help President Barack Obama in […]
The Swiss government is tightening up the rules on the export of all war material after Swiss-made grenades – originally sold to the United Arab Emirates – turned up in […]
by Sophie Douez, swissinfo.ch For decades, Swiss hotels and mountain resorts have been able to rely on Swiss and visiting Germans to fill their coffers. But each year there are […]
(Reuters) – Republican challenger Mitt Romney has argued for more than a year that he would do a better job of boosting the sluggish U.S. economy than President Barack Obama, and new polling data indicates that voters may be coming around to his point of view. Four weeks before the […]
IYADH: ARAB NEWS Monday 8 October 2012 The Shoura Council passed a bill stipulating Saudization of all operation and maintenance works in the public utilities sector at a regular meeting in Riyadh yesterday. “The bill stipulates that no worker other than a Saudi should be employed in operation and maintenance […]
The nation’s unemployment rate dropped below 8 percent in September to its lowest rate since the month President Obama took office, the Labor Department said Friday. While employers added only a modest 114,000 jobs last month, the jobless rate declined to 7.8 percent from 8.1 percent, even though more people […]
Beekeepers in northeastern France are all abuzz after their bees started producing blue honey. Since August beekeepers in the town of Ribeauville have witnessed their bees returning to the cluster […]
(Reuters) – U.S. companies added 162,000 jobs in September, more than economists expected but still pointing to slow improvement in the labor market, data from a payrolls processor showed on Wednesday. Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 143,000 jobs. The […]
PARIS — The euro zone’s jobless rate stayed at record levels this summer, official data showed Monday, underscoring the pain inflicted by the slowing world economy and the euro crisis on citizens of the world’s largest market. Unemployment in the 17-member euro zone rose to 11.4 percent in August, Eurostat, […]
ARAB NEWS Sunday 30 September 2012 JEDDAH: Shariah experts on financial matters declare that local banks are committing a crime by seizing the deposits in accounts that had not been accessed in the past five years. The experts demand that agencies such as the Saudi Arabian Monetary Agency (SAMA) take […]
REUTERS ARABNEWS Friday 28 September 2012 LONDON: Too much gold and just nowhere to put it? A high security solution to bullion storage issues is at hand at a secret […]
“This president cannot tell us that you are better off today than when he took office,” Mitt Romney said as he accepted the Republican presidential nomination. Since then, “Are you better off?” has become a central theme of the campaign, and is likely to surface next week at the first […]