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Bloomberg The US State Department urged China to engage in dialogue with Taiwan’s democratically elected representatives and cease putting military, diplomatic and economic pressure on the island. The US statement came as Taiwan said a fleet of 13 Chinese military planes, including eight H-6K bombers, entered its air defense identification zone, in an apparent stepping up of Beijing’s almost constant ...

Bloomberg President Joe Biden is discovering the limits of his power to boost world’s largest economy on his own, as congressional opposition to his sweeping stimulus plan hardened soon after he was inaugurated. While publicly urging Congress to swiftly pass his $1.9 trillion proposal — warning of rising unemployment, hunger and homelessness if lawmakers don’t act — Biden issued more ...

Bloomberg Prime Minister Boris Johnson pledged to do “whatever it takes” to help UK workers through the pandemic, in a further sign the government will extend its job support plan. Asked whether the furlough program would be extended past April if the UK remained under lockdown, Johnson said the government would “support livelihoods” as it had done through the crisis. ...

Bloomberg Germany cut its prediction for economic growth as the extension of coronavirus lockdowns hits activity at the start of the year. The government now expects a 3% expansion in 2021, down from 4.4% forecast at the end of October, according to a person familiar with its annual economic report to be published next week. Economy Minister Peter Altmaier is ...

Bloomberg Brexit drove the second-biggest jump in UK delivery times in at least 30 years this month, adding to Britain’s economic woes as Covid shut down services. IHS Markit said that UK output falls at the quickest rate since May, hurt by additional red tape from leaving the European Union single market and a severe lockdown at home. That followed ...

Sharjah / WAM The Year 2020 was arguably one of the most challenging years in human history. The onset of Covid-19 strapped the global economy on a roller-coaster ride, affecting both lives and livelihoods of people worldwide. On the business side particularly, the pandemic has revealed the resilience of cities like Sharjah, which continued to grow amid crisis by allowing ...

HARGEISA / WAM A delegation from the Khalifa bin Zayed Al Nahyan Foundation has opened a kidney dialysis centre in the Republic of Somaliland for the benefit of more than 30 patients per day. The move comes in line with the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and the support of His Highness Sheikh Mohamed ...

ABU DHABI / WAM Masdar and HSBC launched an exclusive four-part virtual boardroom series for executives leading urban developments in Latin America (Latam), Middle East, North Africa and Turkey (Menat), Asia-Pacific ASP and North America. The first session of the invite-only series took place during Abu Dhabi Sustainability Week 2021, the global platform for accelerating sustainable development, hosted by Masdar. ...

Abu Dhabi / WAM Organised by the Emirates Falconers’ Club under the patronage of HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, and Chairman of the Emirates Falconers’ Club, the 18th edition of Abu Dhabi International Hunting and Equestrian Exhibition (Adihex 2021) will be held from September 27 to October 3 at the Abu Dhabi ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced on Saturday that it conducted 174,172 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary ...