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DLD to host 16th edition of IPS 2020 in March

DUBAI / WAM The Dubai Land Department (DLD), will organise the 16th edition of the International Property Show (IPS 2020), at the Dubai World Trade Centre from March 24-26, amid high optimism that new government policies and the Expo 2020 Dubai will drive the growth of the emirate’s property market in 2020 and beyond. Dawood Al Shezawi, President of IPS ...

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Soleimani killing leaves Trump’s Middle East strategy in tatters

Bloomberg US President Donald Trump and his top aides spent the weekend arguing that the killing of Iranian General Qassem Soleimani would deter future attacks and make the Middle East safer. Instead, US policy in the region seems to be going in the opposite direction of what Trump has long promised — with more US troops going in, not fewer; ...

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Maduro forces oust Juan Guaido from Venezuela congress

Bloomberg Venezuelan politics descended into disarray when security forces barred opposition leader Juan Guaido and his backers from entering the National Assembly, allowing loyalists to President Nicolas Maduro to choose an assembly president instead of Guaido. His suit torn from scaling a fence, Guaido and his supporters went elsewhere and re-elected him anyway, drawing backing from Washington and Latin American ...

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Violent mob attack on university escalates India tensions

Bloomberg Masked assailants stormed India’s Jawaharlal Nehru University (JNU) in New Delhi Sunday night in a violent attack on students that risked escalating protests against prime minister Narendra Modi’s government. Members of students groups allegedly affiliated with Modi’s Bharatiya Janata Party attacked hostels in the university with rods and batons, injuring dozens of students and some professors, said N Sai ...

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China’s HK liaision says city will stabilise

Bloomberg China’s new top official in Hong Kong said he is certain the city will stabilise following months of political unrest, backing leader Carrie Lam and her administration in his first public comments since being appointed. “I am fully confident about this,” Luo Huining, the new director of the Hong Kong Liaison office, said at a media briefing. “Everyone fervently ...

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Zoran Milanovic wins Croatia presidential vote

Bloomberg Croatians shot down President Kolinda Grabar Kitarovic’s bid for a second term, electing the prime minister who led the nation into the European Union to rebalance politics in the bloc’s newest member. Zoran Milanovic, who ran the Adriatic state’s government from 2011 to 2015, won 52.7% of votes in the presidential runoff. Kitarovic, a former NATO executive whose popularity ...

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US futures decline on Iran fallout; brent crude hits $70

Bloomberg Stocks extended their losses on Monday and oil built on gains as investors continued to grapple with the aftermath of a US airstrike that killed a powerful Iranian general. Gold surged to the highest in more than six years. Futures for the main American equity gauges retreated for a second session after Iran said over the weekend it would ...

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China and Hong Kong stocks slide in sharp selling on trade worries

Bloomberg Chinese and Hong Kong stocks saw sharp afternoon selling, in part on fresh worries about US-China trade, and the concerns also pressured the yuan. After sporting gains despite selling in most of Asia, the Shanghai Composite Index fell as much as 0.6% on the day before ending just 0.01% lower. The Hang Seng Index in Hong Kong was down ...

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Strikes against French pension reform enter second month

Bloomberg Strikes against French president Emmanuel Macron’s pension reform plan entered their second month, the longest such action for state-owned railway company SNCF. Transport remained gummed up as unions prepared for two more days of street protests while the government said a compromise was near. Prime minister Edouard Philippe will start another round of discussions with union representatives on Tuesday, ...

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UK services get boost from Johnson’s victory as new orders increase

Bloomberg The UK’s dominant services sector showed signs of strengthening at the end of the year following Boris Johnson’s decisive election victory. New orders rose at their fastest pace in five months, IHS Markit said on Monday, with anecdotal evidence suggesting that the easing of domestic political uncertainty played a key role. The uptick left services activity with an index ...

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