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Bloomberg The US West Coast is set to have its hottest two weeks in 70 years, putting even more strain on power grids after California imposed rolling blackouts for the first time since 2001. Excessive heat warnings and watches stretch from the Pacific Coast inland to Montana, Utah and Arizona, according to the National Weather Service. Sacramento is forecast to ...

Bloomberg Russian President Vladimir Putin offered support to Belarus’s Alexander Lukashenko, who appealed to his neighbour for help after his claim of an election victory to extend his 26-year rule led to widespread protests and strikes that have been met with police brutality. Russia is ready to provide assistance to “resolve the problems” that arose after Belarus’s vote a week ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, visited the Covid-19 Command and Control Centre located at the Mohammed bin Rashid University of Medicine and Health Sciences on Saturday. HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai; HH Sheikh Ahmed ...

Dubai / WAM Mattar Mohammed Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA) announced that construction of the two model public bus stations at Oud Metha and Al Satwa had reached 77 per cent. He revealed that all construction works in both stations would be accomplished by the end of this ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) on Saturday said it carried out 77,640 additional Covid-19 tests in the country over the last 24 hours, using the latest testing methods. The ministry said in a statement that the intense testing drive uncovered 283 new cases of various nationalities, who are all in a stable condition and ...

Bloomberg Wind and solar energy doubled its share of the global power mix over the last five years, moving the world closer to a path that would limit the worst effects of global warming. The sources of renewable energy made up nearly 10% of power in most parts of the world in the first half of this year, according to ...

Bloomberg President Donald Trump has ordered the Chinese owner of the popular music video app TikTok to sell its US assets, citing national security concerns and delivering the latest salvo in his standoff with Beijing. Trump’s decision came after an investigation by the Committee on Foreign Investment in the US, which reviews acquisitions of American businesses by overseas investors for ...

Abu Dhabi / WAM Leading experts and economists participating in an e-symposium here on Wednesday highlighted the various growth challenges and risks of depression facing the global economy. Addressing the concluding symposium – The Future of Global Economy: Growth Challenges and Risks of Depression – as part of the TRENDS Global Economic E-Forum, they tackled the future of the global ...

DUBAI / WAM Dubai Land Department (DLD), in cooperation with Property Finder, launched the fourth edition of Mo’asher, Dubai’s official sales price index. The base year for Mo’asher is 2012 and the base month for the monthly index is January 2012, with the base quarter for the quarterly index being Q1 2012. A strong momentum in June laid the foundation ...

Abu Dhabi / WAM The Federal Tax Authority (FTA) clarified via a guide that Value Added Tax (VAT) is applied on e-commerce services (also known as “electronic commerce”, sometimes referred to as the “digital economy”) upon their actual use or enjoyment in the UAE. Users should note that although many of the general rules of VAT apply to e-commerce, there ...