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Village turns into ‘supermarket’ for illegal wildlife trade

  Bloomberg A Vietnamese village has become “a supermarket for illegal wildlife trafficking” raking in millions of dollars, a special hearing was told on Monday. The two-day public hearing in The Hague is laying out the findings of a year-long undercover investigation by the new Wildlife Justice Commission. The probe has provided “clear and irrefutable evidence of an industrial-scale crime ...

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Exports boost Japan’s economy growth

  Bloomberg Japan’s economy grew more than forecast in the three months through September, as a rebound in exports compensated for continued weak spending at home by people and companies. Gross domestic product expanded by an annualized 2.2 percent, according to data released by the Cabinet Office on Monday (median estimate of economists +0.8 percent). Private consumption rose 0.1 percent ...

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UK sees $82bn investment hit as Brexit tariffs tallied

  Bloomberg UK businesses have delayed or canceled investments worth 65.5 billion pounds ($82 billion) since the vote to leave the European Union, with more than 40 percent of large companies scaling back, according to a new survey. Executives have been reluctant to follow through on spending plans because of a plunge in the pound and a lack of clarity ...

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EU offers Trump cooperation while signalling policy firmness

  Bloomberg The European Union promised to cooperate with US President-elect Donald Trump while vowing to stand by international agreements he has questioned including United Nations deals to curb climate change and ease sanctions on Iran. After a dinner in Brussels to discuss future EU-US relations in the wake of Trump’s victory in the Nov. 8 American election, European foreign ...

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UAE works to enhance world’s preparedness for future: VP

  Dubai / WAM The UAE has long decided to work with its partners to promote constructive co-operation and enhance the world’s preparedness for the future, while building a better future for coming generations, according to Vice President, Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum. He made his remarks on Sunday ...

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VP, WEF chairman discuss tech-driven future changes

  Dubai / WAM Preparing for a future in which entire industries will be altered by new technologies was the focus of a Sunday meeting between Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, and Prof. Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, and Co-chairman of the Global Future ...

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SIBF attracts 2.31mn visitors, rakes in AED176mn sales

  Sharjah / Emirates Business Sharjah International Book Fair (SIBF) concluded on a record-breaking note, with the 35th edition of the world’s third largest book fair the most successful to date. Titled ‘Read More,’ SIBF 2016 hosted more than 2.31 million visitors over its 11 days, with the footfall figures breaking all previous records established since its first edition in ...

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Dubai to get first liver transplant hospital by 2018

  Dubai / Emirates Business High-ranking representatives gathered to break ground on the site of King’s College Hospital London, Dubai recently. The construction of the 100-bed hospital in a plot located at the heart of the premium community ‘Dubai Hills’, is set to be completed in Q4 2018. During the ground breaking ceremony, the leading London teaching hospital, revealed that ...

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Iraqi govt forces claim to recapture Nimrud area

    Baghdad /AFP Iraqi forces said on Sunday they had recaptured the Nimrud area, the site of an ancient Assyrian city blown up by the IS group, as they battled the extremists south of Mosul. Iraqi troops pushed towards Nimrud last week as they pressed an offensive launched on October 17 to recapture Iraq’s second city, which the extremists ...

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Trump, aides plan next moves as protests spread

  New York /AFP President-elect Donald Trump was expected to huddle with advisers at his Manhattan residence on Sunday, plotting next moves after thousands of protesters besieged Trump Tower and marched in other US cities for a fourth day. The demonstrations have become daily affairs following Trump’s upset defeat of rival Hillary Clinton, who blamed FBI director James Comey for ...

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