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Bitcoin slides on 'fraud' warning from JPMorgan's Dimon

Bitcoin slid by more than 10 percent on Wednesday, as investors sold the cryptocurrency after a warning by JPMorgan (JPM.N) Chief Executive Jamie Dimon that it “is a fraud” and will eventually “blow up”. Bitcoin, the original and still the biggest cryptocurrency, has been on a tear in...

Merkel says car industry must work hard to rebuild trust

Chancellor Angela Merkel called on German car industry to clean up its act for the sake of it employees and the wider economy as she opened the Frankfurt motor show on Thursday, pointing to threats on the horizon to the combustion engine. “A lot of trust has been destroyed. That is why...

Rights group says millions in Syria school aid missing

Human Rights Watch says millions of dollars of school aid for Syrian refugees went unaccounted for last year, leaving schools across the region understaffed and contributing to a massive under-enrollment of Syrian children. The New York-based group says more than a half million...

After helping retake Aleppo, Russia seeks to rebuild it

Flicking through before-and-after photos of Aleppo's Umayyad mosque on his phone, the city's mufti Mahmoud Akkam said he initially wanted the celebrated landmark to be restored by fellow Syrians. But when Ramzan Kadyrov, the strongman chief of Russia's Chechnya region, offered to repair...

Israel endorses independent Kurdish state

Israel supports the establishment of a Kurdish state, Prime Minister Benjamin Netanyahu said on Wednesday, as Kurds in Iraq gear up for a referendum on independence that lawmakers in Baghdad oppose. Israel has maintained discreet military, intelligence and business ties with the Kurds...

Assad investigates corrupt officers, Syria's warlords

(Zaman Al Wasl)- The Republican Palace, Bashar al-Assad's ruling office, has opened an urgent investigation tracking corrupt officers over arms sales and dealings with ISIS and rebels, well-informed source told Zaman al-Wasl. A committee formed by Assad to lessen the anger of...