Even Saudi Arabia is shutting down its Yemen embassy

Saudi Arabia has suspended all work at its embassy in Yemen and evacuated its staff “due to the deterioration of the security and political situation” there, state news agency SPA reported on Friday, citing an official at the foreign ministry. Earlier on Friday, Germany and Italy said they had closed …

AIG Profit Misses Estimate; To Buyback Addl $2.5 Bln Stock – RTT News

Fox BusinessAIG Profit Misses Estimate; To Buyback Addl $2.5 Bln StockRTT NewsAmerican International Group Inc (AIG: Quote) on Thursday reported a plunge in fourth-quarter profit, hurt by debt charges, workers' compensation expense, and reserves provision. The insurer's operating earnings, which exclude one-time items, came in …AIG's …

To fix or not to fix: Jeffry Frieden’s “Currency Politics”

by Joseph Joyce To fix or not to fix: Jeffry Frieden’s “Currency Politics” The decision by the Swiss National Bank to abandon its peg to the euro serves as an example of the relatively limited life spans of fixed exchange rate regimes. While the fragility of exchange rate commitments has …

King of the Netherlands opens Late Rembrandt exhibition at the Rijksmuseum

King Willem-Alexander of the Netherlands officially opened the Late Rembrandt exhibition at the Rijksmuseum today. The Rijksmuseum’s Director and General Manager Wim Pijbes and Head of Visual Arts Gregor Weber accompanied King Willem-Alexander on a tour of the exhibition highlighted by masterworks including the Portrait of Jan Six …

Who Are the Top10 Most Expensive Living Chinese Artists at Auction?

Cui Ruzhuo, 丹枫白雪 (Landscape in Snow) (2006), sold at Poly Auction in Hong Kong on April 7, 2014, for $23,725,710.Photo: artnet. Zeng Fanzhi, The Last Supper (2001) sold at Sotheby’s Hong Kong on October 5, 2013, for $23,269,070.Photo: artnet. Jin Shangyi, 百开团扇镜心 Tajik Bride (1983) sold at China Guardian…

Rallying Cry: Teach Everyone To Code! (But Should We?)

“My advice? Don’t teach everyone how to code. Teach them how to identify and understand needs, as well as how to visually express logic. Teach them how technology works, so they can understand the realm of possibility and then envision game-changing innovations. And then create an environment where …

Oil just spiked

The oil market is moving. WTI crude just jumped by a dollar to $52.88 per barrel, which is 3{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} higher from yesterday’s close. More to come…Join the conversation about this story » NOW WATCH: Nationwide’s Super Bowl commercial about dead children is about corporate profits … in a way that …

U.S. carriers meet voluntary deadline for unlocking mobile phones

Unlocking a mobile phone from a single U.S. carrier has caused consumers headaches in recent years, but seven major carriers on Wednesday met a voluntary, industry-created deadline to set conditions for unlocking to occur. The Federal Communications Commission congratulated the carriers in a blog .