18 Aug 2016

Is it too late to invest in gold?

By Paul Thomas

Savers are rushing to put money into gold as fears grow over the state of the global economy.

Figures from investment brokers show the amount being pumped into gold investments this month is around three times as high as a year ago.

The World Gold Council says that demand hit record highs in the first half of 2016 — and the Royal Mint enjoyed a surge in customers when the Bank of England cut interest rates at the beginning of August.

Investors tend to flock to gold in times of uncertainty because it is seen as a safe haven that will hold its value.

25 Jul 2016

End of an Era: Verizon buys Yahoo for $4.8 billion

It’s all but over for Yahoo Inc.

The Sunnyvale, Calif., Internet company, once a key guide to the World Wide Web, announced Monday that telecommunications giant Verizon Communications Inc. will buy its core assets for $4.83 billion.

The sale comes after a five-month bidding process that saw interest from media groups such as the Daily Mail and IAC, Internet companies such as Google and Microsoft and private equity firms TPG and Bain Capital.

21 Jul 2016

Brazilian police smash ISIS plan for terror attacks on Rio Olympics; ...10 arrested

Brazil's federal police today arrested 10 people and smashed a network allied to ISIS that was preparing 'acts of terrorism' at next month's Olympics in Rio de Janeiro.

President Michel Temer has called an emergency cabinet meeting and Justice Minister Alexandre de Moraes said the operation spanned nine states across Brazil, although the arrests were made in the southern states of Sao Paulo and Parana.

A court in Parana said there were indications the group was planning to use weapons to launch attacks similar to the Paris atrocities in November last year.

Revenge? Ted Cruz’s Betrayal of Donald Trump Was Brilliant

Going in to Wednesday night, Ted Cruz intentionally left people wondering what the meaning and the subtext of his prime-time Republican National Convention speech would be: Would he endorse Trump? Come close to endorsing Trump? Or would he largely ignore Trump and talk about ideas he wants to see vindicated eventually in our politics?

In the end he did not endorse Trump, nor did he come particularly close. He did talk about some ideas (abstractions, mostly, but ideas nonetheless) that defined conservatism in the pre-Trump era. But none of these was his main objective.

18 Jul 2016

African Union (AU) launches long-awaited AU passport

The long-awaited African Union (AU) passport was on Sunday launched at the opening ceremony of the 27th Ordinary Session of the Assembly of the AU Summit in Kigali, Rwanda.

The Assembly is made up of heads of states and governments of the 54 member states of the AU.

The AU Commission’s Chairperson, Dr Dlamini Zuma, presented the passport to the Chairperson of the union, President Idriss Deby of Chad and President Paul Kagame of Rwanda.

16 Jul 2016

Turkey clamps down after attempted coup; ...thousands of military and judicial personnel arrested

Turkish authorities detained thousands of military and judicial personnel on Saturday after the government declared it had successfully resisted an attempt by armed forces officers to stage a coup.

The arrests marked an apparent clampdown within the state as the government of elected President Recep Tayyip Erdogan attempted to project an image of complete control. The roundup followed a chaotic night in which about 200 people died in violence around the country after military officers announced they had seized power.

15 Jul 2016

Military coup d'etat underway in Turkey

Turkey's Prime Minister Binali Yildirim
A group within Turkey's military has attempted to overthrow the government and security forces have been called in to "do what is necessary", Prime Minister Binali Yildirim said on Friday.
"Some people illegally undertook an illegal action outside of the chain of command," Yildirim said in comments broadcast by private channel NTV. "The government elected by the people remains in charge. This government will only go when the people say so."Those behind the attempted coup would pay the highest price, he added.

Possible terror attack in France as truck plows into crowd in Nice; ...over 70 killed (*GRAPHIC PHOTOS)

A truck plowed into a large crowd watching the annual Bastille Day fireworks on the promenade in Nice, France, on Thursday night, and witnesses reported hearing gunshots.

Christian Estrosi, the deputy mayor of Nice, said that more than 70 people had been killed. “The truck was full of weapons and grenades,” Mr. Estrosi said on French television. It was not clear what motivated the driver to veer into the crowd.


13 Jul 2016

Pokémon GO now the biggest mobile game in U.S. history

Shooting to the top of the app store on the day it was released, within 24 hours Pokémon GO beat out indie hit Slither.io and Supercell’s heavily promoted blockbuster Clash Royale to become the biggest game of 2016, as measured by daily active users.

And that’s not all. Within three days of its release, Pokémon GO attracted more users than Twitter, and rose to the top of the App Store revenue charts, earning millions of dollars a day for its publisher, Niantic.

Theresa May becomes Britain's new prime minister

Theresa May has become Britain's new prime minister Wednesday after meeting with Queen Elizabeth II at Buckingham Palace.

May, the former home secretary, is Britain’s second female prime minister after Margaret Thatcher, who ran the country between 1979 and 1990. She is expected to announce members of her cabinet Wednesday evening.

11 Jul 2016

Ghana begins visa-on-arrival policy for African Union (AU) member states

The Ghana Immigration Service (GIS) said that foreign nationals from the African Union (AU) member states can now travel to Ghana and be issued with visas on arrival.

Francis Palmdeti, Head of Public Affairs of the GIS, said on Monday in a statement that Ghana kick-starts the new visa policy.

8 Jul 2016

America at war with itself

Now Dallas: a shameful attack on the rule of law itself, with five officers dead and seven wounded in the course of duty during what had been a peaceful protest against police violence in America.

And so many difficult but important questions arise. What have we become? Are we a people at war with ourselves, unable or unwilling to control our most violent urges? Must we settle every dispute with a gun or a bomb? Who is responsible for this mayhem that plays out on many fronts?

Some cops will always be racist, some cops will always make mistakes and some people will always be full of hate – but if America wasn’t awash with guns it wouldn’t have to be a bloodbath

by: Pierce Morgan

I feel sickened.

Sickened by the appalling execution of Alton Sterling in Louisiana on Tuesday.

Sickened by the appalling execution of Philando Castile in Minnesota on Wednesday.

Sickened by the appalling executions of five police officers in Dallas last night.

Sickened by the endless tide of gun violence destroying so many lives in America, fuelled by the country’s ever-increasing paranoia about guns which makes so many people so trigger-happy.

28 Jun 2016

Canada to lift visa requirement for Mexican visitors

Mexicans will soon be able to travel to Canada without a visa. And they might actually want to, as newly elected Prime Minister Justin Trudeau makes strides to improve strained relations between the two countries.

“Justin Trudeau confirmed he has given his cabinet instructions to in the future remove the requisite of Canadian visas for Mexicans,” an upbeat President Enrique Peña Nieto tweeted this week. The symbolic measure promises to hit the restart button on strained Mexico-Canada diplomacy.

28 dead, 60 injured in explosions at Istanbul Ataturk Airport

At least 28 people have been killed and 60 others wounded in the attack on Istanbul Ataturk Airport in Turkey, Istanbul Gov. Vasip Sahin told Turkey's state-run news agency TRT.

It is unclear if the total includes the bombers. Another report, from semi-official news agency Anadolu, said six of the wounded are in critical condition. A total of 49 ambulances were sent to the site.

24 Jun 2016

Prime Minister, David Cameron resigns after Britain vote to leave European Union

David Cameron
David Cameron has resigned as Prime Minister after Britain voted to leave the European Union.

With the Leave campaign securing 52 per cent of the vote, Mr Cameron addressed the nation in an emotional speech outside 10 Downing Street to announce that he would be stepping down.

Pound fell to its lowest since 1985 after Britain vote to leave EU

Britian’s vote to leave the European Union battered the British pound by more than 11% Thursday night and into Friday morning, pushed down stocks in Asia and pointed to a day of steep falls across the world’s financial markets. It was a brutal drubbing for investors who had stacked up bets that the U.K. would choose to stay.

The pound traded as low as $1.3230 in London’s early hours, as a pink-fringed dawn rose over the city and the British Broadcasting Corp. called the referendum for Leave. That was the lowest level against the dollar since 1985, and an epic move for a developed-market currency. The pound edged back up and was at $1.36 by 7 a.m. Just hours before, it had peaked above $1.50. Futures markets in the U.S. pointed to the S&P 500’s opening down 5%; in Britain they indicated a fall in the benchmark stock index of nearly 9%.

Britain votes to leave European Union

The UK has voted to leave the European Union after 43 years in a historic referendum.

Leave won by 52% to 48% with England and Wales voting strongly for Brexit, while London, Scotland and Northern Ireland backed staying in the EU.

UKIP leader Nigel Farage hailed it as the UK's "independence day" but the Remain camp called it a "catastrophe".

14 Jun 2016

ISIS leader Abu Bakr al-Baghdadi killed

ISIS leader Abu Bakr al-Baghdadi has reportedly been killed in a US air strike in Raqqa.

His death, reported by the respected Turkish daily Yenis Safak, would be a major blow for the jihadists and comes only days after 50 people were killed in an Orlando nightclub by a man pledging allegiance to ISIS.

13 Jun 2016

Microsoft to buy LinkedIn for $26.2 billion in cash; ...LinkedIn shares jump 48%

Huge news today in the world of M&A in enterprise and social networking services: Microsoft has announced that it is acquiring LinkedIn, the social network for professionals with some 433 million users, for $26 billion, or $196 per share, in cash. The transaction has already been approved by both boards, but it must still get regulatory and other approvals.

If for some reason the deal does not go through, Microsoft will have to pay LinkedIn a $725 million termination fee, according to Microsoft’s SEC filing detailing the merger.

The $196/share offer is a big hike on its closing price from Friday, $131.08. (And in premarket trading, unsurprisingly, LinkedIn’s stock has nearly crept up 64% to reach the share price MSFT is paying. Microsoft’s price is down 4% to $49.66 in pre-market trading.)

12 Jun 2016

ISIS claims responsibility for Orlando mass shooting

Omar Mateen
The Islamic State of Iraq and Greater Syria (ISIS) claimed responsibility for the mass shooting attack in an Orlando gay club on Sunday that left more than 50 people dead.

“The attack that targeted a nightclub for homosexuals in Orlando, Florida and that left more than 100 dead and wounded was carried out by an Islamic State fighter,” the group said in a report on its official Amaq news agency. The message was attributed to an unnamed “source” and distributed over the Telegram messaging app on Sunday afternoon.

Orlando Mass Shooting: 50 dead in worst mass shooting in United States history

Orlando Mass Shooting
A gunman armed with an assault rifle killed 50 people at a packed gay nightclub in Orlando, Florida on Sunday in the worst mass shooting in U.S. history which President Barack Obama described as an act of terror and hate.

Police killed the shooter at the Pulse nightclub, who was identified as Omar S. Mateen, a 29-year-old Florida resident and U.S. citizen. A top U.S. congressman said Mateen may have pledged allegiance to the Islamic State militant group.

10 Jun 2016

Bestiality: Canada's highest court legalizes 'some' sex acts with animals

Canada’s highest court has just ruled that some sex acts between humans and animals are legal.

In a quixotic ruling, the country’s high court ruled that a man who was on trial for raping and sexually exploiting his own daughters wasn’t guilty of “bestiality.” The man reportedly, “smeared peanut butter on the genitals of his victims and had the family dog lick it off while he videotaped the act.”

92-year-old Zimbabwean President, Robert Mugabe hints at retirement

Robert Mugabe
Zimbabwean President, Robert Mugabe, one of the longest serving heads of state, has hinted about his possible retirement but declined to state when.

The 92-year old president hinted about retirement when he warned veterans of the 1970s independence war against trying to influence the choice of his successor when he eventually leaves office.

Naked hospital worker dies of heart attack while watching porn on his laptop

A hospital worker suffered a fatal heart attack while watching porn on his laptop in New York.

The 48-year-old man, who has not been named, was found dead at North Central Bronx Hospital on Tuesday morning.

PHOTOS: Muhammad Ali's traditional Islamic prayer service

The family of boxing legend Muhammad Ali joined thousands of mourners for the traditional Muslim prayer service at Kentucky's Freedom Hall on Thursday to celebrate the sporting legend's extraordinary life.

More than 14,000 thousand mourners attended the traditional Muslim Jenazah service which last a little over an hour for the three-time world champion boxer who died Friday at age 74.

President backs Hillary Clinton in official endorsement video

President Barack Obama endorsed Hillary Clinton today in a video the Democratic presidential candidate posted to her Twitter.

In a video shot Tuesday that was not released until today, after his meeting at the White House with Bernie Sanders, Obama praised Clinton and congratulated her 'on making history' as the first female Democratic nominee.

8 Jun 2016

Monkey causes nationwide blackout in Kenya ...yes, the entire country was left without power!

Kenya was left without power Tuesday after a rogue monkey got into a power station and triggered a nationwide blackout.

The primate fell onto a transformer at the Gitaru hydroelectric power station, according to KenGen, which owns the facility.

Hillary Clinton claims historic victory in Democratic primary

Claiming her place in history, Hillary Clinton declared victory Tuesday night in her bruising battle for the Democratic presidential nomination, becoming the first woman to lead a major American political party and casting herself as the beneficiary of generations who fought for equality.

"This campaign is about making sure there are no ceilings, no limits on any of us," Clinton said during an emotional rally in Brooklyn, eight years to the day after she ended her first failed White House run. As she took the stage to raucous cheers, she paused to relish the moment, flinging her arms wide and beaming broadly.

4 Jun 2016

Boxing legend Muhammad Ali dies at 74

Muhammad Ali, the silver-tongued boxer and civil rights champion who famously proclaimed himself "The Greatest" and then spent a lifetime living up to the billing, is dead.

Ali died Friday at a Phoenix-area hospital, where he had spent the past few days being treated for respiratory complications, a family spokesman confirmed.

He was 74.