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Bloomberg President Donald Trump hosted Brazilian President Jair Bolsonaro for dinner at his Mar-a-Lago resort in Florida, where the two leaders discussed the US-led effort to oust Venezuelan President Nicolas Maduro. The two men are mutual admirers who won election by appealing to nationalist sentiment in their countries. Along with Venezuela, they spoke about a future trade deal, the Middle ...

DUBAI / WAM In implementation of the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to improve the Al Shandagha Roads Corridor to cope with the sustained urbanisation of the locality, the Roads and Transport Authority (RTA) has awarded a contract for upgrading the Falcon Junction. ...

ABU DHABI / WAM Two Chinese patients of new coronavirus, Covid-19, have recovered, bringing to seven the total recovered cases in the UAE, the Ministry of Health and Prevention (MoHAP) announced. With the latest recovery announcement of the two patients, aged 38 and 10, all members of the Chinese family are ”free” from the disease, MoHAP affirmed. The MoHAP also ...

DUBAI / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, has thanked the UAE’s health authorities for their 24/7 commitment and efficiency in keeping the country’s travellers, communities and the cities safe during the new coronavirus (Covid-19) crisis. HH Sheikh Ahmed said: “We are conscious that as a country, which is a global travel ...

Abu Dhabi / Emirates Business The Executive Committee of the Abu Dhabi Exports Office (Adex) approved the allocation of AED 550 million ($150 million) to support the strategic expansion of the nation’s export businesses and continued diversification of the UAE economy. During the meeting, the committee discussed a number of requests to finance exports, as well as reviewed the strategies ...

Bloomberg Democratic presidential candidate Bernie Sanders said his competitor, Joe Biden, could beat President Donald Trump in November, but added that he would be the stronger general-election candidate. “We are the stronger campaign to defeat Donald Trump but you have not heard me say that I think that Biden cannot defeat Trump,” Sanders told reporters in Phoenix, Arizona, as he ...

Bloomberg China’s exports fell more than expected in the first two months of this year as the coronavirus outbreak led to extended holidays, depressed factory output, and blocked transport and movement across the country. Imports also declined, although increases in commodities purchases offset some of that. The drop in exports was a bigger-than-expected 17.2% in dollar terms, while imports declined ...

Bloomberg Thailand is hindering Chinese tourists because of the novel coronavirus outbreak, normally an unthinkable step for a country that relies on their spending for economic growth. The government signalled that it prefers arrivals from China, Hong Kong, Macau, South Korea, Iran and Italy to self-quarantine for 14 days to prevent the spread of the Covid-19 disease. They also have ...

Bloomberg Prime Minister Boris Johnson might be about to go after Britain’s “staggeringly rich.” There’s no full-scale attack of wealth coming, but the country’s myriad tax breaks — some of which mainly benefit the rich — could be targeted in next week’s budget by a government that needs every penny to fund the biggest spending spree in years. Local media ...

Bloomberg The Trump administration granted exemptions from tariffs for a range of medical products imported from China, including face masks and medical gloves. Among the products that won an exemption are medical masks by Medegen Medical Products, LLC., Cardinal Health exam gloves, and Medline Industries Inc.’s patient cleansing wipes. In its request to exclude masks from the 7.5% duty, Medegen ...