Tuesday 26 July 2016

Scientists caught off-guard by record temperatures

Record temperatures in the first half of 2016 have taken scientists by surprise despite widespread recognition that extreme weather events are becoming more frequent and intense, the director of the World Climate Research Programme said. The earth is on track for its hottest year


World's tallest are Dutch, Latvians: 100-year study

Dutch men and Latvian women are the planet's tallest people but Iranian men and South Korean women have grown the fastest in the last century, according to the largest ever study of height around the world. Americans, once among the world's tallest people, have dropped fr


Mideast M&A steady in Q2 despite global decline

The Middle East M&A activity remained steady during the second quarter (Q2) of 2016, despite a drop of 33 per cent drop in global cross-border deals compared to the same period of 2015, a report said. The Middle East also saw an increase in both inbound and outbound cross-reg


Turkish president gains upper hand in power struggle

At the crossroads between a divided Europe and a convulsed Middle East, Turkey is caught in a power struggle between former Islamist allies which is shaking democratic institutions and raises questions about its future path. Since a failed coup on July 15, the ruling Justice and


'Mission Impossible': Tight Brexit timeline unsettles Germans

German Chancellor Angela Merkel and fellow European leaders are pressing the new British government to trigger divorce proceedings with the European Union as soon as possible. But behind the scenes, senior German officials who spoke to Reuters on condition of anonymity due to the


Bahrain's foreign ownership move to boost property sector

The recent decision by the Bahraini government to allow foreigner investors 100 per cent ownership in various sectors of the market is likely to have a positive long term impact on the kingdom’s property markets, according to leading international real estate consultants, Cluttons.


Middle East M&A transactions down 29pc

The value of announced mergers & acquisitions (M&A) transactions with any Middle Eastern involvement reached $18.7 billion during the first half of 2016, a decline of 29 per cent compared to the first half of 2015, according to a report. The value of announced mergers &am


Emerging market debt triples since 2005, posing threat

Developing countries have nearly tripled their external debt over the past decade, outpacing economic growth and increases in foreign exchange reserves - which could leave them open in the future to a "systemic crisis", ratings agency Moody's said on Thursday. Emerg

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