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Archive For: The Crunch

Annual Davos economic forum to focus on 4th industrial revolution

Jan 18, 2016 Klaus Schwab, founder and Executive Chairman of the World Economic Forum recently revealed that the 46th installment of the annual meeting will be focused on the Fourth Industrial Revolution. The meeting, which aims to build a platform for cooperation between the public and private sectors, will feature three main topics. The agendas ... Read More
 

Arsenal confirm signing of Basel midfielder Elneny

Jan 18, 2016 According to Arsene Wenger, Midfielder Mohamed Elneny recently has joined Arsenal from Swiss champions FC Basel. With midfield trio Santi Cazorla, Jack Wilshere and Francis Coquelin out injured, the 23-year-old Egyptian is a welcome addition to Wenger’s squad and will provide some much-needed defensive cover. Commenting on this, Wenger said: “His strengths ... Read More
 

Mogherini says 'concrete' ways to support Libya being discussed

Jan 14, 2016 European Union foreign policy Chief, Federica Mogherini, recently held a meeting with Libyan political parties in Tunisia.  During the meeting, she announced that the EU is willing to support Libya’s political institutions. Speaking at news conference, Mogherini said: “I am very satisfied with the meeting we just had, because for the first ... Read More
 

Reactions mixed among Egyptians after Mubarak's appeal rejected

Jan 14, 2016 Following the recently rejection of former president Hosni Mubarak’s appeal by the Egyptian court of appeals, there were several mixed reaction on the streets of Cairo. The 87-year-old was sentenced to three years in jail without parole along with his sons, Alaa and Gamal, over charges of misappropriating 125 million Egyptian Pounds. ... Read More
 

Obama praises U.S. automakers as industry shows steady growth

Jan 14, 2016 U.S. President Barack Obama, in his weekly address, recently praised U.S. car makers for strong industry results. “We said the auto industry would have to truly change, not just pretend that it did. We got labor and management to settle their differences. We got the industry to retool and restructure. Everyone had ... Read More
 

Shares, oil steady in Europe after China sends Asia sprawling

Jan 14, 2016 World stocks recently fell to a 2-year low following a slide in the Chinese markets. Reacting to this, Mike Ingram, a Market Analyst at BGC Partners said: “Well I think there is still great uncertainty as to where the Chinese economy is going. I am still sticking by my view that we ... Read More
 

Murray looks for weaknesses in Djokovic game

Jan 14, 2016 Andy Murray recently revealed that his main aim in the New Year will be to bag the Australian Open crown. He however went on to say that his victory at Melbourne Park may be dependent on Novak Djokovic having an off-day. While speaking to reporters Murray said: “My number one goal is ... Read More
 

Naasz wins second consecutive crashed Ice race

Jan 14, 2016 American Cameron Naasz recently claimed his second consecutive Crashed Ice victories at the World’s fastest ever track in Munich. Naasz, who also won the first event in the four stop series in Quebec City, got off to a flying start in the men’s final in Munich. After his win in Munich, Naasz ... Read More
 

Kenya's Garissa University set to open nine months after deadly attack

Jan 13, 2016 Garissa University College in northeast Kenya recently reopened its doors for academic activities; nine months after 147 students were killed in a brutal assault by al-Qaeda linked al-Shabaab Islamist militants. Since the Garissa raid, the militant group has orchestrated several smaller attacks along the northern coast of the country. However, with an ... Read More