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Bloomberg Back in 2010, when U.K. Chancellor of the Exchequer George Osborne was kicking off his fiscal squeeze, he rarely tired of saying how his “credible’’ plans gave the Bank of England flexibility on policy. Six years later and the story hasn’t changed much. Cornered by his own pledge to post surpluses from 2020, Osborne must keep tightening the purse ...

Brussels / AFP The EU said on Monday it was looking for support from the European Investment Bank at crisis talks in Brussels aimed at helping dairy and other farmers hit hard by plunging prices. Around 100 farmers protested as agriculture ministers gathered just six months after Brussels announced a €500-million emergency package to tackle a crisis partly blamed on ...

Bloomberg Even in the mighty U.S. Treasury market, bond traders are taking their cues from central bankers in Europe and Japan. With Mario Draghi and Haruhiko Kuroda pressing ahead with their grand monetary experiments, negative yields in Germany and Japan are exerting greater and greater influence over U.S. Treasuries. Overnight trading of Treasury futures has exploded, reaching levels not seen ...

Ankara / AFP Turkish warplanes pounded Kurdish rebel bases in northern Iraq on Monday, the day after a suicide car bomb tore through downtown Ankara killing at least 36 people, the third attack on the capital in five months. There was no immediate claim of responsibility for the latest carnage, which reduced cars and buses to charred hulks on a ...

Bloomberg “Republicans in Ohio and Florida head to the polls this week to help decide who will become their party’s nominee, and whether the GOP will endure in any recognizable form in the months and years that follow. To hear those who have devoted their lives to building the party tell it, if front-runner Donald Trump prevails on Tuesday in ...

Bloomberg More than one million people marched through cities across Brazil to protest political corruption, a weak economy, and to call for the impeachment of President Dilma Rousseff, in a showing that could accelerate efforts to remove her from office. The protest in Sao Paulo was the largest ever recorded by polling firm Datafolha, surpassing even the 1984 rallies to ...

London / WAM The UAE Embassy in London hosted the third edition of the UAE-UK Pioneers Forum on March 11-12 at the Park Plaza Hotel Westminster Bridge. The Embassy initiative brought together the most prominent Emirati government entities, Emirati companies, and British companies that are seeking to employ bright and ambitious young Emiratis. Now in its third year, the UAE–UK ...

Kathmandu / DPA Nepal plans to ask China to provide duty-free access to around 400 new products with export potential during Prime Minister KP Sharma Oli’s visit to Beijing scheduled to start on March 20, officials of the Foreign and Commerce ministries said. Nepali traders can presently export 8,030 products to China without paying import duty, but they have been ...

Emirates Business Under the patronage of His Highness Sheikh Tahnoon bin Zayed Al Nahyan, National Security Advisor, and organised by the National Emergency Crisis and Disaster Management Authority (NCEMA), the fifth edition of Crisis and Emergency Management Conference (CEMC) 2016 began on Sunday at St. Regis Resort Saadiyat Island, Abu Dhabi. The two-day conference titled ‘Innovative approaches towards a safe ...

Bloomberg Democratic presidential candidate Hillary Clinton proposed to make it harder for foreign automakers to claim that their cars are made in the U.S., as she tries to recruit Rust Belt voters following a surprise defeat in Michigan. At a campaign stop in Youngstown, Ohio, Clinton called for tougher “rules of origin,” the means used to determine whether a product ...