How risky is the global economy?
By Mohamed El-Erian NEWPORT BEACH: Three years after the global financial crisis, the global economy remains a confusing place — and for good reasons. Should we draw comfort from gradual healing…
Nuclear still main alternative to oil: ex-IAEA chief
DUBAI: The former head of UN atomic agency voiced confidence Sunday in nuclear energy as the only real alternative to oil despite a potential "setback" in the sector due to…
Taking the fat out of global warming
By Ian Roberts LONDON: Mitigating climate change presents unrivaled opportunities for improving human health and well being. Indeed, policies to reduce greenhouse-gas emissions promise to bring about substantial reductions in heart…
Mubarak’s sons grilled on foreign finances
CAIRO: Ousted president Hosni Mubarak's sons on Sunday were questioned on their financial activities in Cyprus and the British Isles, the public prosecutor's office said. Alaa and Gamal Mubarak faced…
Citadel plunges 10 pct after chairman travel ban
CAIRO: Egypt’s Citadel Capital stock plunged 10 percent on Sunday after the public prosecutor issued a travel ban on its chairman, Ahmed Heikal who is being investigated for corruption allegations.…
Mubarak sons questioned in prison due to security concerns
CAIRO: Alaa and Gamal Mubarak were questioned in Tora Prison on Sunday after the interior ministry deemed it unsafe for them to be transferred to the Prosecutor General’s office in…
Disbanding NDP is a strike to restructure endeavors, says analyst
CAIRO: Disbanding former ruling National Democratic Party (NDP) was a big strike to the endeavors of some members to give it a new shape relatively different from the old one,…
Internet revolt star Ghonim chides IMF
WASHINGTON: The Google executive who became the hero of the Egyptian revolution cropped up at the pinnacle of international finance Friday, chiding the elites for supporting strongman Hosni Mubarak. "I…
‘Drunk’ actor Nick Cage arrested in New Orleans
US actor Nicolas Cage has been arrested in the southern city of New Orleans "after getting drunk" and having a heated argument with his wife in the French Quarter, police…
Almodovar says new film is unlike past works
Spanish film director Pedro Almodovar said Friday his new movie which will take part at the Cannes Film Festival next month is unlike any other film which he has made…