Stock markets in Asia and Europe slid yesterday as investors sought safer bets after North Korea claimed to have tested a hydrogen bomb, one week after firing a ballistic missile over Japan.
Pakistan’s disqualified prime minister Nawaz Sharif named his brother Shahbaz, the Chief Minister of Punjab province, as his successor and nominated ex-oil minister Shahid Khaqan Abbasi as an interim premier in a defiant speech yesterday.
The economic blockade has led to more opportunities for growth and expansion of small and medium-sized enterprises (SMEs) and Qatar’s manufacturing sector, an official of a local company said.
A tense standoff was underway between Israel and Muslim worshippers at a Jerusalem holy site Wednesday despite the removal of metal detectors, with concerns of major unrest later this week if a resolution is not found.
Helmut Kohl, the giant of post-War German politics, leaves behind a vital legacy, one that includes German reunification as well as European integration. It is, then, quite apt that Kohl’s coffin was draped in the EU flag as world leaders gathered to pay tribute to the former German chancellor.
Investors in Germany’s biggest power producers are set for a multibillion-euro windfall after the nation’s top court blocked a controversial tax on nuclear fuel that hobbled the utilities’ earnings.
England director of cricket Andrew Strauss believes the vital experience gained from sending the country’s players to the Indian Premier League (IPL) far outweighs the risk of them picking up injuries during the Twenty20 tournament.
Reports of deep-sea drilling’s demise in a world of sub-$100 oil may have been greatly exaggerated, much to Opec’s dismay.