Bloomberg China and South Korea have asked Japan to join them in relaxing controls on business travel as virus cases tail off, the Yomiuri newspaper reported, without saying where it got the information. Japan remains reluctant to loosen what are currently some of the tightest border controls in the developed world, which were introduced over the past few weeks in ...
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China faces world seeking virus answers at WHO meet
Bloomberg At the first meeting of the World Health Organization’s governing body since Covid-19 stormed the globe, China is set to be challenged on two of its most sensitive issues: The Communist Party’s initial handling of the virus and the status of Taiwan’s participation. While the US has launched a daily barrage of attacks on China, including suggesting the virus ...
Read More »Abu Dhabi puts local produce to the fore across major stores
ABU DHABI / WAM Abu Dhabi Agriculture and Food Safety Authority (Adafsa) has directed major stores in Abu Dhabi to dedicate prominent spaces to display local agri-products, under the directives of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs, and Chairman of Adafsa. The move, taken in coordination with Adafsa’s strategic partners from ...
Read More »Dewa reviews strategy to enhance its flexibility
Dubai / WAM In line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Saeed Mohammed Al Tayer, MD& CEO of Dubai Electricity and Water Authority (Dewa) chaired the first meeting, held remotely, with Dewa’s higher management team, to discuss the post-Covid-19 era. The meeting was attended ...
Read More »Tadweer announces results of community awareness survey
ABU DHABI / WAM Abu Dhabi Waste Management Centre (Tadweer) announced the 2019 results of a community awareness survey on proper waste handling and pest control practices. Conducted in partnership with Statistics Centre Abu Dhabi (SCAD) the survey used the stratified sample method and personal interviews with 2760 UAE citizens and residents from both genders and age groups across Abu ...
Read More »World to use 1.7 billion barrels less oil in Q2 amid pandemic
Bloomberg A fifth of global demand for oil will disappear this quarter. All three of the major forecasting agencies now agree that the world faces its biggest-ever slump in oil consumption, after governments imposed movement restrictions on billions of people to combat the coronavirus. The scale of the demand hit means that despite producers implementing unprecedented output cuts, stockpiles will ...
Read More »Trump ousts watchdog tangled in Ukraine saga
Bloomberg President Donald Trump moved to replace State Department Inspector General Steve Linick, an Obama administration appointee who featured briefly in the Ukraine impeachment saga, according to a letter he sent to House Speaker Nancy Pelosi. Trump wrote that “it is vital that I have the fullest confidence in the appointees serving as inspectors general.†“That is no longer the ...
Read More »House passes $3trn Dems stimulus bill
Bloomberg The House passed a $3 trillion Democratic economic stimulus bill that Republicans and President Donald Trump have already rejected and isn’t likely to trigger bipartisan negotiations any time soon. The measure, passed 208-199, would give cash-strapped states and local governments more than $1 trillion while providing most Americans with a new round of $1,200 checks. House Speaker Nancy Pelosi ...
Read More »Italy’s next bond sale is like a public vote on crisis handling
Bloomberg Italy needs to sell more debt and next week it will target the public, in what may amount to a vote on Rome’s handling of the economic crisis. A four-day auction of inflation-linked bonds aimed primarily at the retail market will begin on Monday, as the government seeks to build on the success of recent sales to institutional investors. ...
Read More »Europe’s tourism industry struggles to save the summer
Bloomberg On the Greek island of Mykonos, Mayor Kostas Koukas is desperately trying to revive the tourism that is the life blood of the local economy. Koukas, and his counterparts in towns and cities across Europe, are looking to salvage something from the summer season after the coronavirus pandemic brought travel to a standstill. With the disease largely under control ...
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