Daily Archives: January 14, 2017

Wall Street Closing

New York, Rabi’II 16, 1438, Jan 14, 2017, SPA — U.S. stocks were mostly higher Friday, with the Nasdaq index hitting another record high, as U.S. banks posted strong quarterly results and investors considered various economic reports.
J.P. Morgan Chase, Bank of America, and PNC Financial all reported better-than-expected profits, but only J.P. Morgan exceeded revenue estimates.
In U.S. economic news, retail sales jumped 0.6 percent in December, reflecting higher consumer confidence and pay increases. Wholesale prices rose 0.3 percent in December, led by more expensive gasoline, food, and vehicles. Business inventories rose 0.7 percent in November.
The U.S. dollar rose slightly against a basket of currencies. Gold prices fell from a seven-week high touched Thursday, as strong U.S. retail sales drove the dollar higher. Gold futures for February delivery fell $4.90 to $1,194.90 an ounce on the New York Mercantile Exchange, but the contract still posted a third consecutive weekly gain.
U.S. oil prices posted their first weekly loss in five weeks, with sentiment worsened by concerns over the economic health of China, the world’s second-biggest oil consumer. West Texas Intermediate (WTI) crude futures fell 64 cents, or 1.2 percent, to $52.37.
The Dow Jones industrial average was virtually unchanged, falling 5.27 to 19,885.73. Seventeen of the index’s 30 components fell, led by chemical maker DuPont, which lost 0.7 percent. The top gainer was Nike, which added 1 percent.
The broader Standard & Poor’s 500 index rose 4.20, or 0.2 percent, to 2,274.64. Financials rose 0.5 percent, and along with healthcare led five sectors higher. Utilities led six declining sectors.
The technology-heavy Nasdaq composite index rose 26.63, or 0.5 percent, to 5,574.12, its sixth record close so far in 2017. Shares of streaming movie leader Netflix jumped 3.6 percent, while electric carmaker Tesla gained 3.5 percent.
–SPA
11:33 LOCAL TIME 08:33 GMT

Weather: Strong Wind Expected Saturday

Doha, The Department of Meteorology warned Saturday of strong wind expected at places during day time inshore, and strong wind and high sea offshore.

Weather inshore until 6.00 pm on Saturday will be mild daytime with slightly dusty to blowing dust at places at times and some scattered clouds, cold by night, while offshore it will be slightly dusty and partly cloudy, the Department said in its daily weather report.

Wind inshore will be northwesterly at a speed of 10-20 knots reaches 25 knots at places. Offshore, it will be northwesterly at a speed of 20-28 knots, reaches 33 knots at places at times.

Visibility will be 4-8 kilometers or 3 kilometers less at places at times. Sea state inshore will be 1-3 feet, rises to 4 feet at places at times. Offshore, it will be 7-10 feet, rises to 13 feet at places at times.

Tide Times and temperatures are as follows: Area High Tide Low Tide Mini – Max —- —————– —————— ——————- Messaid 07:45 – 18:30 00:00 – 15:30 22 Wakrah 07:00 – 18:15 14:30 – **:** 22 Doha 06:30 – 17:45 13:30 – 23:30 22 Al Khor 06:00 – 17:15 13:15 – 23:15 21 Ruwais 06:00 – 18:45 00:15 – 13:00 20 Dukhan 11:00 – 23:45 05:00 – 17:30 19 Sunrise : 06:21 LT Sunset today : 17:05 LT —————————————————

Source: Qatar News Agency

UNICEF: Number of Unaccompanied or Separated Children Arriving by Sea to Italy Doubles in 2016

New York, Noting that the number of children arriving in Italy by themselves via the sea in 2016 more than doubled over the previous year, the United Nations Children’s Fund (UNICEF) called for urgent and special measures to protect them from trafficking, exploitation and abuse.

“These figures indicate an alarming trend of an increasing number of highly vulnerable children risking their lives to get to Europe”, said Lucio Melandri, the Senior Emergency Manager at UNICEF.

“Current systems in place are failing to protect them as they find themselves alone in a unfamiliar environment,” he added, calling for a coordinated European response, given that the children are on the move.

“Apart from addressing the factors that are forcing children to travel alone, a comprehensive protection, monitoring system needs to be developed to protect them,” he stressed.

In 2016, some 25,800 unaccompanied or separated children arrived in the European country – compared to the 12,360 who arrived in 2015. These children, arriving by themselves, also accounted for a staggering 91% of all the 28,200 children who reached Italy’s shores last year as refugees or migrants.

A majority among of such arrivals were from Eritrea, Egypt, Gambia and Nigeria.

Adding to the complex challenges, the Central Mediterranean route from North Africa to Italy also has an incredibly high ratio of unaccompanied and separated children among the refugees and migrants. Compared to other routes, only 17% of the child refugees and migrants who arrived to Greece by sea in 2016, came without adult family members or guardians.

“The presence of so many unaccompanied or separated children along the central Mediterranean route is unprecedented,” said Melandri. “It is obviously clear that we have a serious and growing problem on our hands”.

Source: Qatar News Agency