Sharjah / WAM The Sharjah Children’s Reading Festival (SCRF) kicks off its much-awaited 13th edition on Wednesday under the theme, ‘Create Creativity’ at Expo Centre Sharjah. Organised annually by Sharjah Book Authority (SBA), the festival is held under the patronage of His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, and Her ...
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Dubai Customs completes 381,000 declarations during Eid
Dubai / WAM Ahmed Mahboob Musabih, Director-General of Dubai Customs and CEO of Ports, Customs and Free Zone Corporation, said Dubai Customs completed 381,275 customs declarations during the Eid al-Fitr holiday. He affirmed that Dubai Customs keeps pace with Dubai’s dynamic progress by developing smart customs systems and programmes that work around the clock to fulfill the needs of ...
Read More »Can Putin’s parades hide a missing victory?
Even for a country that has weaponised the memory of World War II to the point where there is a word for hyperbolic celebrations of Victory Day — pobedobesie, or victory frenzy — this year marked a new high. With its military bogged down in Ukraine, the domestic propaganda machine latched onto past successes instead, going into overdrive ahead of ...
Read More »Gold’s behavior shows it’s no haven
When I went to business school at the University of San Francisco, our class was instructed to build a portfolio that we believed consisted of 10 stocks that had the best ratio of reward to risk, or in other words, the highest Sharpe ratio. I chose gold mining company Placer Dome as one of my stocks. At the time, Placer ...
Read More »Earlier blooms are a sign of climate change
The stirrings of springtime show nature awakening. Coaxed by warming air and stronger sunlight, flowers unfurl on cherry trees and eager green buds burst forth from horse chestnuts. A little hope returns, as bees buzz and birds build nests. This year, it’s been happening a little earlier — and the reason isn’t hard to find. In Washington, the city’s ...
Read More »2024 US presidential election is strange
The Cook Report’s Amy Walter points out that whether former President Donald Trump takes another run at the Oval Office or not, the 2024 presidential election will have at least one unusual feature. If President Joe Biden runs for re-election and wins the Democratic nomination, he’ll extend his own record for oldest major-party nominee. If he doesn’t run? Walter ...
Read More »UK to extend cap for energy bills beyond ’23
Bloomberg The UK will extend its price cap for energy bills beyond 2023 as it seeks to help 22 million households cope with rising costs. The measure, announced during the annual Queen’s Speech to Parliament, is in the government’s Energy Security Bill. It aims to provide the legal framework needed to achieve ambitious net-zero emissions goals while keeping energy ...
Read More »EDF warns of nuclear output cuts on river temperatures
Bloomberg Electricite de France (EDF) SA warned that unusually warm river temperatures are likely to force it to reduce nuclear output at time when about half the country’s reactors are already offline. With air temperatures in Paris forecast to climb above 25 degrees celsius (77 Fahrenheit) this weekend, some of the rivers used to cool EDF’s nuclear power plants ...
Read More »Dictator’s son Marcos wins by landslide in Philippine vote
Bloomberg Ferdinand Marcos Jr won a landslide victory in the Philippines presidential election, according to unofficial results, bringing his family back to power in Manila 36 years after his dictator father fled the country. With 96.7% of the election returns counted, the former senator won 30.7 million votes, or 58.8% of the total votes cast for president. His closest ...
Read More »Joe Biden worries Putin ‘doesn’t have a way out’
Bloomberg President Joe Biden said he’s worried that Russian President Vladimir Putin “doesn’t have a way out right now†of his war in Ukraine, as the US leader signed into law a measure making it easier for Washington to send weapons and supplies to the government in Kyiv. Congressional Democrats have drafted a Ukraine aid package worth almost $40 billion, ...
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