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Senate set to acquit Trump as Dems vow to continue probes

Bloomberg A momentous, if anticlimactic, few days lie ahead in Washington as the Senate hears closing arguments in President Donald Trump’s impeachment trial, then holds two days of debate before voting for an all-but-guaranteed acquittal. In between, Democrats in Iowa’s caucuses took the first step on Monday towards choosing the candidate who’ll run against Trump in November. And on Tuesday ...

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China blasts US for spreading fear, ‘overreaction’ to virus

Bloomberg China said the US “inappropriately overreacted” to the deadly virus that originated there and hasn’t provided much help to counter the outbreak, disputing the Trump administration’s claim that it offered assistance. “The US government hasn’t provided any substantial assistance to us, but it was the first to evacuate personnel from its consulate in Wuhan, the first to suggest partial ...

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Risks mount for Hong Kong after economy shrank in 2019

Bloomberg The hits just keep coming for Hong Kong. In 2019, there was the escalating US-China trade war, which squeezed exports. Then came violent protests beginning mid-year, with street-fighting between police and protesters driving away tourists and shoppers, hurting the services industries, and tipping the economy into its first contraction in a decade. Now, with advance figures on Monday confirming ...

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Johnson, Barnier clash over who sets Brexit trade rules

Bloomberg The Brexit battle between the UK and the European Union (EU) resumed as British leader Boris Johnson clashed with the bloc’s chief negotiator Michel Barnier at the start of 11 months of talks on a future trade deal. The pound fell. Barnier said in Brussels that a “highly ambitious” trade deal is on offer for the UK — but ...

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Merkel’s Huawei plan gets pushback from within her own ranks

Bloomberg Chancellor Angela Merkel’s efforts to rule out a ban on Huawei Technologies Co have hit a wall of resistance in parliament. While the UK and the European Union introduced policies that allow Huawei’s partial participation in next-generation wireless networks, Merkel has failed to forge a compromise with hard-line lawmakers in her Christian Democratic-led bloc who want to ban China’s ...

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UK manufacturing output avoids contraction

Bloomberg UK manufacturing output unexpectedly avoided a contraction for the first time since April at the start of 2020, providing further evidence that ebbing political uncertainty is supporting the economy. IHS Markit said its Purchasing Managers Index for the sector climbed to 50 in January, right at the level that separates contraction from expansion. That’s also an improvement from an ...

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UAE, Mauritania keen to advance relations

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received on Sunday, President Mohamed Ould Ghazouani of Mauritania. Ghazouani is on an official state visit to the UAE. The Mauritanian President was accorded an official reception ceremony upon arrival where the Mauritania national ...

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UAE supports all efforts to ensure permanent solution in Palestine

CAIRO / WAM Dr. Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, has underlined the UAE’s support for all efforts aimed at finding a permanent and comprehensive solution to the Palestinian cause, underscoring the importance of prioritising reason and addressing current developments wisely. He called for direct negotiations between the Palestinians and Israelis, noting that dialogue is an ...

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Dubai region’s first to host Kauffman Fellowship Summit

DUBAI / WAM Dubai will become the first city in the Middle East and North African (Mena), to host Kauffmann Fellows Summit, announced the Dubai Future Foundation on Sunday. The globally renowned non-profit fellowship programme will take place from February 9-12, as the Emirate of Dubai fortifies its reputation for convening the world’s top talent to power a knowledge-based economy. ...

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Abu Dhabi to scatter1m native wild plant seeds

ABU DHABI / WAM More than one million seeds of native wild plant species will be scattered across Abu Dhabi by the Environment Agency – Abu Dhabi (EAD) across four different locations. The move comes as part of the EAD’s aim to rehabilitate natural habitats, support seed stock in different types of soils and enhance the plant cover of selected ...

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