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Bloomberg If self-reinforcing recession fears are the greatest risk to the record-long US expansion, as posited by Bank of America Corp. Chief Executive Officer Brian Moynihan, the latest consumer sentiment report hinted that those concerns may be starting to emerge. “We have nothing to fear about a recession right now except for the fear of recession,” Moynihan said in a ...

Bloomberg As economic growth falls across Europe, Ukraine may be embarking on an upswing. Data showed expansion in the former Soviet republic surged last quarter, even as US-China trade tensions and a wider global slowdown weighed on most of the continent. The pace — 4.6% — was unexpectedly quick. The World Bank had warned that if growth didn’t top the ...

Bloomberg The Earth is losing its plants and humanity is to blame, according to a new study. Global vegetation growth has been in decline since the late 1990’s, due to changes in the water content of the atmosphere. An atmospheric vapor pressure deficit (VPD), or the difference between saturation water vapor and actual water vapor, was found to stall or ...

Bloomberg India is starting to ease restrictions on Kashmir after an almost two-week lockdown, the Press Trust of India (PTI) reported, as some telecommunication services were restored and people could move more freely. Landline and low speed mobile phone services resumed in some areas in the Kashmir Valley on Saturday, even as stringent security arrangements remained in place, PTI reported, ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, received on Wednesday His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. Their Highnesses exchanged views on national issues related to Emiratis to ensure ...

ABU DHABI / WAM Abu Dhabi will showcase its world-class infrastructure and technology achievements in the transport sector to global experts as part of a series of technical visits during the World Road Congress Abu Dhabi 2019. Now open for registration, the free technical visits will offer delegates valuable insights on how Abu Dhabi deals with the day-to-day operations of ...

ABU DHABI / WAM The UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) hosted the meetings of the 7th UAE-UK Consular Affairs Committee meetings in Abu Dhabi. The UAE delegation was led by Badr Al Awadhi, Director of Consular Services Administration at the Ministry, while the British side was led by Julia Longbottom, Director of Consular Affairs at the ...

DUBAI / WAM Smart Dubai hosted the second meeting of the Dubai Future Council for Blockchain at its offices in the Dubai Design District, bringing together local and global decision-makers from various government departments and private companies with a vested interest in smart city technologies. Chaired by Smart Dubai’s Director-General, Dr Aisha bint Butti bin Bishr, the council was formed ...

Bloomberg Australia is pushing back against calls from Pacific Island leaders to ditch its commitment to coal mining to help combat climate change, saying its neighbours need to respect the country’s reliance on the industry. The world’s second-biggest coal exporter is increasingly a flash point in the battle against carbon emissions after Prime Minister Scott Morrison’s government was reelected in ...

Bloomberg Chinese officials are sticking to their plan to visit Washington in September for face-to-face trade meetings, people familiar with the matter said, signaling that talks remain on track for now despite an abrupt escalation in tariff threats this month. The US on Tuesday delayed the imposition of some new tariffs after top negotiators spoke on phone, with President Trump ...