Palestinians want US role even if they don't like it
RAMALLAH: Palestinians have no illusions: the United States is no friend; it is Israel's friend. No matter who sits in the White House, the US is perceived by almost two-thirds…
Russia's Metalloinvest plans $320m investment in UAE
DOHA: Metalloinvest, the Russian steel and iron ore firm controlled by billionaire Alisher Usmanov, plans to invest $320 million in five years to build its second mill in the United…
Main obstacle to peace is psychological
TEL AVIV: Last week, Professor John Mearsheimer presented an analysis of the chances of Israel surviving in the long term. Every Israeli who is concerned about the future of the…
Are the Barbarians at the EU Gates?
BRUSSELS: The euro area confronts a fundamental crisis that attacks on financial speculators will do nothing to resolve. The European Council of Ministers had to promise hundreds of billions of…
Oil climbs 3 pct to above $70; traders eye EIA data
LONDON: Oil rose by almost 3 percent on Wednesday to climb back above $70 a barrel after a US industry report showed a steep drop in gasoline stockpiles in the…
Rating the Raters
CAMBRIDGE: In the new financial order being put in place by regulators around the world, reform of credit rating agencies should be a key element. Credit rating agencies, which play…
Kuwait court upholds death for wedding tent 'arson' wife
KUWAIT CITY: The Kuwaiti appeals court on Wednesday confirmed a death sentence against a woman convicted of setting fire to the wedding tent as her husband took a second wife,…
Style over substance in Palahniuk's new 'Tell-All'
Chuck Palahniuk is one of modern American fiction's most interesting stylists, and he's at it again in his latest novel, "Tell-All." It's a slim book based on a kernel of…
Dancing to an African beat
Egypt has always been in a unique socio-political, geographic position. Situated at the very north of the African continent, and bordering the Middle East; it is regarded as both an…
Reforms transform Syrian economy, but not politics
DAMASCUS,Syria: After delivering a lecture on the increasing role of private banks in Syria, economist Mohammed Ayman Al-Maydani got an uncomfortable request from members of the audience to elaborate on…