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BEIJING / WAM The United Arab Emirates Ambassador to China, Ali Obaid Al Dhaheri, has praised China’s achievements of eradicating absolute poverty despite the Covid-19 pandemic. The achievements showed the country’s high-standard planning, and will have ripple effect globally and benefit the whole world, the ambassador told Xinhua, the official state-run press agency of the People’s Republic of China, in ...

Dubai / WAM The Ministry of Community Development (MoCD), in cooperation with the Ministry of Health and Prevention (MoHAP), continued to carry out the vaccination campaign for senior citizens which was launched last January against Covid-19 all over the UAE. Till February 27, the campaign included Ajman, Dubai, Al Fujairah, Um Al Qaiwain and Ras Al Khaimah. The vaccination campaign ...

ABU DHABI / WAM The Abu Dhabi Judicial Department (ADJD) has stepped up its efforts in the fight to combat human trafficking throughout 2021, against the backdrop of the coronavirus pandemic, by organising numerous training courses on this topic, with the aim of building the capacity of the judiciary members, officers of the court and all parties involved in the ...

Dubai / WAM Dubai Customs plays an essential role in facilitating passenger and baggage traffic in general, with more efforts and measures taken during the spread of the pandemic. These extraordinary efforts stand behind the success of Dubai International Airport globally and boost the status of Dubai as a global hub for travel and tourism. Latest figures showed that Dubai ...

Bloomberg Chinese social media titan ByteDance Ltd plans to hire an additional 13,000 employees this year for its education unit as the company aims to grab a bigger slice of the country’s booming online learning market. ByteDance, the owner of the short video app TikTok, said that it will hire 10,000 educational professionals, including tutors and course designers, in China ...

Bloomberg Rishi Sunak can do self-restraint. After an addiction to drinking full-strength Coca-Cola resulted in seven fillings to his teeth, he rationed himself to a single Coke a week. When he comes to deliver his budget on Wednesday, the chancellor of the exchequer faces a battle to persuade his colleagues of the need to turn down the flow of government ...

Bloomberg The US has dropped a key demand in negotiations over digital taxation of technology companies such as Alphabet Inc.’s Google and Facebook Inc., lifting a barrier that had raised transatlantic trade tensions and prevented an international deal. Treasury Secretary Janet Yellen told her counterparts at a virtual meeting of Group of 20 finance officials that the US is no ...

Bloomberg Argentina is considering using new reserves to be issued by the International Monetary Fund (IMF) to make a payment due to the lender in September, a move that would allow more time to overhaul an outstanding $45 billion loan. The new IMF reserve assets, called special drawing rights, or SDRs, would give cash-strapped Argentina fresh funding to pay the ...

Bloomberg Switzerland’s economy unexpectedly expanded at the end of last year, with foreign demand for its goods helping offset the impact of lockdown measures to control the pandemic. Gross domestic product (GDP) increased 0.3% in the fourth quarter, compared with estimates for a stagnation in a Bloomberg survey of economists. “On the whole, the second wave of the coronavirus until ...

Bloomberg The European Union’s (EU) fiscal rules should be adapted to allow for more spending to boost growth as countries struggle to pull their economies out of pandemic-induced recessions, according to the bloc’s top economic official. EU Economic Affairs Commissioner Paolo Gentiloni, speaking at the European Fiscal Board’s annual conference, reiterated calls to withdraw public support very gradually in order ...