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Houthi rebels: Four years of political intransigence

Abu Dhabi / WAM The Iran-backed Houthi militias have once again proved themselves to be the party that should be held accountable for the failure of the UN efforts to find a peaceful solution to the situation in Yemen after they had intentionally absented themselves from the UN round of negotiations in Geneva, which was held in the presence of ...

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UAE continues to support health sector in Ad Durayhimi, Yemen

HODEIDAH / WAM A delegation of the Emirates Red Crescent (ERC), headed by Hamad Al Kaabi, UAE Humanitarian Operations Deputy Director for Yemen, has visited the Ad Durayhimi Hospital in Hodeidah Governorate, in an effort to help address the hospital’s medical and technical needs. The move is part of the UAE’s continuous support to the Yemeni health sector, especially in ...

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MaK Middle East opens new branch in Fujairah

DUBAI / WAM MaK Middle East LLC, a Caterpillar company established in Dubai in 2017, opened a new branch in Fujairah as part of its expanded service reach within the UAE to serve a wider range of customers. In addition, the company is now also officially registered in the Sharjah Ports of Hamriyah Freezone, Al Khalid and Khor Fakkan, enabling ...

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Abu Dhabi issues new laws for economic licenses

ABU DHABI / WAM The Department of Economic Development – Abu Dhabi (DED), has issued two decisions to facilitate economic activities in Abu Dhabi as part of the initiatives and incentives provided to the private sector companies and entreprises operating in the Emirate. These decisions will help improve the Emirate’s ranking in the Doing Business and Global Competitiveness Reports. The ...

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N Korea tones down military parade, avoiding Trump’s ire

Bloomberg Kim Jong-un presided over a tempered military parade on Sunday, in the latest sign that he wants to revive stalled nuclear talks with the US as he pushes for North Korea to rejoin the international community. Kim marked the 70th anniversary of his grandfather’s regime without showing off provocative hardware such as long-range ballistic missiles that would likely have ...

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Tumultuous Swedish election draws to a close as rifts widen

Bloomberg A turbulent Swedish election campaign came to an end with little sign of compromise ahead as the establishment parties pleaded with voters to beat back an ascendant nationalist movement. The center-right and center-left blocs were in a virtual tie with voting starting on Sunday as the conservative-led opposition gained ground in recent days. But the blocs will be far ...

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Boris Johnson mounts new attack on May over Brexit talks

Bloomberg Boris Johnson opened a fresh attack on Prime Minister Theresa May, calling her approach to taking the UK out of the European Union “a humiliation” for the nation. The former foreign secretary wrote an article for the Mail on Sunday newspaper to savage her policy of keeping Britain closely tied to EU trade rules after Brexit. “Under the Chequers ...

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Salvini plays ‘victim card’ in struggle with judges

Bloomberg Italians may feel they’ve seen this story before as the country’s top politician lashes out against magistrates who have put him under investigation and blocked his party’s finances. But this time it isn’t Silvio Berlusconi. Deputy Premier and League leader Matteo Salvini has launched a series of attacks on prosecutors who “haven’t been elected by anyone” after being notified ...

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Zuma, top ANC officials reported to meet to plan ousting Ramaphosa

Bloomberg South Africa’s former President Jacob Zuma and other top figures in the ruling African National Congress (ANC) met secretly this week to discuss a strategy to remove his successor Cyril Ramaphosa, the Sunday Times newspaper reported, without citing anyone. Zuma held talks in Durban on Thursday with party allies, including ANC Secretary General Ace Magashule and former premier of ...

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S&P momentum breaks as tech, trade war bite

Bloomberg Returning from vacation is a drag — in life, in stocks. True to form, September started with the worst S&P 500 retreat since June. Anyone hoping last month’s momentum would persist was disappointed. After hitting a record on August 29, the index has fallen on five of six days, with the twin tech pillars of semiconductors and the FAANGs ...

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