Middle-east Arab News Opinion | Asharq Al-awsat

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Federal Reserve Board Chair Janet Yellen answers a reporter’s question during a news conference about the Federal Reserve’s monetary policy, Dec. 14, 2016, in Washington. / AP

U.S. Federal Reserve Raises Interest Rates

by Asharq Al-Awsat | Dec 15, 2016 | Business

London – U.S. Federal Reserve decided to raise interest rates for the first time in 2016 since the election of Donald Trump, and the second time in a decade. The bank voted unanimously to raise the U.S. central bank’s target range for the federal funds rate to 0.50 to...

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Lebanese Agriculture Minister and MP Akram Chehayeb (NNA)

Lebanese Agriculture Minister: The New Cabinet’s Task Is to Hold Parliamentary Elections

by Wajdi Al-Aridi | Dec 15, 2016 | Interviews

Beirut – Lebanese Agriculture Minister Akram Chehayeb said that the main task of the new Cabinet was to hold parliamentary elections within the constitutional deadline. In an interview with Asharq al-Awsat newspaper, Chehayeb warned that any attempt to extend the term...

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Haftar supporter holds his picture in Benghazi [Reuters]

Libya under Militias’ Control

by Abdul Sattar Hatita | Dec 15, 2016 | Features

Tripoli- No one can know whether the ongoing major military operations in Libya aim at eradicating hundreds of heavily-armed militias according to a proactive plan or whether the developments and repercussions of clashes have just changed the locations of these...

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Exxon Mobil Chairman and CEO Rex Tillerson. Reuters

Possible Senate Fight with Trump over Nominating Tillerson

by Heba El Koudsy | Dec 15, 2016 | World

Washington-One day after Trump announced Rex Tillerson as his nominee for U.S. secretary of state, lawmakers from both major parties have raised questions about Tillerson’s relationship with Russia, and getting the Senate’s confirmation is not expected to be...

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Philippine President Rodrigo Duterte arrives at the military’s Camp Tecson to talk to soldiers in San Miguel, Bulacan in northern Philippines September 15, 2016. REUTERS/Erik De Castro

Philippines President Admits to Personally Killing Criminals

by Asharq Al-Awsat | Dec 15, 2016 | World

Manila – Adding to his long record of controversial statements, Philippines president Rodrigo Duterte has said he personally killed suspected criminals when he was mayor of a southern city to set an example for police. Duterte made the comments in a speech he...