Bloomberg Myanmar protesters marched Monday in some of the country’s biggest cities, part of another nationwide strike to pressure the military to relinquish power after a February 1 coup. Thousands of demonstrators hit the streets in Yangon and Mandalay, Myanmar’s biggest cities, as well as other cities to keep up momentum for the pro-democracy movement. In the southeastern city of ...
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Virtual series explores prospects for boosting UAE-Kazakhstan ties
Dubai / WAM There is vast potential for the UAE and Kazakhstan to expand business ties in key sectors and areas of mutual interest, such as food security, agriculture and digitalisation of economic sectors, according to government officials and trade experts who spoke at the latest Global Partnership Series event. The virtual forum, organised by the Dubai Chamber of Commerce ...
Read More »RTA achieves global distinction in managing metro noise level
Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has been accredited by a specialised benchmarking study accredited for the superior performance in ensuring that the daily operation of the Dubai Metro complies with the standard noise and vibration levels. Such findings were made in a study that covered multiple metro systems of metropolitan cities in the second half of ...
Read More »UAE, Serbia to boost ties in infra, transportation fields
BELGRADE / WAM Mubarak Saeed Burshaid Al Dhaheri, UAE Ambassador to Serbia, and Ana Brnabic, Prime Minister of Serbia, discussed the distinguished relations between the two friendly countries and ways of bolstering them. The two sides also affirmed the keenness and support of the leadership in their respective countries to develop aspects of joint cooperation in all fields, including in ...
Read More »We are keen to provide world-class healthcare services
DUBAI / WAM The UAE prioritises the health sector, offers its citizens and residents comprehensive world-class healthcare services, and constantly aims to improve these services. Shakhbout Medical City (SSMC) is a leading health sector development project not only in the country but also in the entire region, providing advanced health and medical services in line with the highest international standards. ...
Read More »Germany compensates utilities $2.9 billion for nuclear exit
Bloomberg Germany agreed to compensate Vatenfall, RWE, EnBw and E.ON 2.4 billion euros ($2.9 billion) for losses suffered following the country’s decision to phase out nuclear power after the Fukushima Dai-Ichi meltdowns. The deal ends the decade-long battle between the government and Germany’s biggest energy companies. It comes in an election year when the green credentials of Europe’s largest economy ...
Read More »China diplomat warns Biden to tread carefully on Taiwan
Bloomberg A top Chinese diplomat urged the US to stop “crossing lines and playing with fire†on Taiwan, as part of a broad series of warnings to President Joe Biden against meddling in Beijing’s affairs. Chinese Foreign Minister Wang Yi said at his annual news briefing on Sunday there was “no room for compromise or concessions†in Beijing’s claim to ...
Read More »Senate passes $1.9tn relief bill after marathon votes
Bloomberg President Joe Biden’s signature $1.9 trillion Covid-19 relief bill passed the Senate 50-49 following a more than 25-hour marathon of amendment votes completed after Democrats settled an intra-party dispute over unemployment aid. The measure, the American Rescue Plan Act, now heads back to the House, where Majority Leader Steny Hoyer said a vote will be held on Tuesday. Although ...
Read More »German joblessness up as lockdown persists
Bloomberg German joblessness unexpectedly rises for the first time in eight months, adding to strains Europe’s largest economy is facing due to the protracted coronavirus lockdowns. The rise of 9,000 put the total number of unemployed people at 2.75 million and the rate at 6%, according to the Federal Labour Agency. Economists surveyed by Bloomberg had expected a drop of ...
Read More »Italy to recruit consulting firm McKinsey for EU recovery funds
Bloomberg A decision by the government of Italian Prime Minister Mario Draghi to recruit consulting firm McKinsey & Co. for help with the European Union’s recovery package has prompted disquiet within his coalition. The company will advise the finance ministry and help to accelerate the drafting of Italy’s plan to spend its 209 billion-euro ($250 billion) share of the EU ...
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