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BERLIN / AFP Ending Europe’s open-borders Schengen agreement would cost EU economies at least 470 billion euros ($520 billion) over a decade, according to a German study published on Monday. The impact on trade flows would also cost major trade partners the United States and China tens of billions of euros each, said the study by the Prognos institute on ...

Washington / AP Russia seeks permission to start flying surveillance planes equipped with high-powered digital cameras amid warnings from US intelligence and military officials that such overflights help Moscow collect intelligence on the United States. Russia and the United States are signatories to the Open Skies Treaty, which allows unarmed observation flights over the entire territory of all 34 member ...

Lisbon / AFP Traditionally a country of emigration, Portugal has offered to take up to 10,000 migrants from countries struggling to cope with the influx, to help maintain its own population. Portugal’s socialist premier Antonio Costa last week sent letters to Austria, Greece, Italy and Sweden—countries that have seen refugees arrive in large numbers—offering to welcome up to 5,800 more ...

Bloomberg Wil VanLoh, a Houston private-equity manager, has links to a $1 million contribution to a group supporting Ted Cruz’s presidential bid. The group, Stand for Truth, disclosed today that it received $1 million in January from a Houston company identified as Trinity Equity. Trinity shares an address with Quantum Energy Partners, a private-equity firm VanLoh runs with $9 billion ...

DUBAI / WAM Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, on Sunday received Professor Carl-Henrik Heldin, Chairman of the Board of the Nobel Foundation, who took part in the opening ceremony of the second edition of the Nobel Museum Exhibition 2016, in Children’s City at Dubai Creek Park. The exhibition ...

ABU DHABI / WAM Abu Dhabi National Exhibitions Company (ADNEC) announced that its impact on the Abu Dhabi economy in 2015 surged by 26% to AED3.47 billion from AED2.76 billion in 2014. This follows a 13% growth in the number of events hosted by Abu Dhabi National Exhibition Centre and Al Ain Convention Centre (AACC), which collectively hosted a total ...

London / Bloomberg Prime Minister David Cameron started selling his deal on Britain’s membership in the European Union to voters with a direct appeal to Boris Johnson, the last senior figure in his Conservative Party still to declare which side he’ll join in the campaign. “I would say to Boris what I say to everybody else, which is that we ...

Bloomberg Ugandan President Yoweri Museveni was re- elected for a fifth term, extending his 30-year rule over the East African nation in polls marked by opposition arrests and international concern over the vote’s credibility. The former guerrilla commander won 60.75 percent of Thursday’s vote, renewing his mandate to govern the continent’s biggest coffee exporter as it plans oil production in ...

Rohtak / Afp Ten people have died in caste protests which triggered widespread arson and looting in a north Indian state, police said on Sunday, as New Delhi faced a water crisis after mobs shut down a key supply. Thousands of troops with shoot-on-sight orders were deployed on Saturday in Haryana state, a day after week-long protests turned violent with ...

Beirut / AFP Double car bomb attacks killed at least 57 people in Syria’s central city of Homs on Sunday as international efforts to bring about a ceasefire in the war-torn country floundered. More than 100 people were injured in the twin bomb attacks in the Al-Zahraa district, according to the Britain-based Syrian Observatory for Human Rights monitor. Syrian state ...