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Washington / AFP US states Alaska, Hawaii and Washington take their turn voting on Saturday in the Democratic presidential nominating contest, with Hillary Clinton unlikely to deliver a knockout blow against resilient rival Bernie Sanders. The trio of western caucuses marks a chance for Vermont Senator Sanders, a self-described democratic socialist, to chisel away at Clinton’s formidable lead in the ...

WAM While oil-exporting countries face significant challenges as result of global economic turbulences and falling oil prices, the UAE continues to achieve new levels of economic growth. This comes as a direct result of the UAE wise leadership’s forward-looking vision and its precise predictions of the region’s developments-which contribute in facing growing global economic challenges, through developing and putting in ...

Bloomberg The European Union is considering easing bank-failure rules introduced to end the era of expensive taxpayer-funded bailouts. A discussion paper prepared by the European Commission, the EU’s executive arm, envisions setting EU loss-absorbency requirements for its biggest banks, led by HSBC Holdings Plc and Deutsche Bank AG, in line with those issued in November by the Financial Stability Board ...

Bloomberg The U.S. economy grew in the fourth quarter at a faster pace than previously estimated, supported by stronger household spending that’s helping cushion the expansion from weakness overseas. The revised 1.4 percent increase in gross domestic product, the value of all goods and services produced, compares with the Commerce Department’s previous estimate of 1 percent, according to figures issued ...

Bloomberg The US and Russia set an August deadline for a deal to end Syria’s five-year war as they agreed to try to push forward negotiations between the government and opposition that remain deadlocked over the fate of Russian ally President Bashar Al Assad. “We will accelerate the effort to try and move the political process forward,” US Secretary of ...

MOSCOW / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, in a meeting with Russian President, Vladimir Putin noted, “I am happy to be in Moscow and we hope to develop trade exchanges and will discuss the best ways to enhance this approach. We are ...

MOSCOW / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Thursday received John Kerry the US Secretary of State, in Moscow. During the meeting, they discussed friendship ties and co-operation between the UAE and the US as well as ways to enhance them in ...

DUBAI / WAM Obaid Humaid Al Tayer, Minister of State for Financial affairs, discussed on Thursday with Fausto Herrera, Ecuador’s Minister of Finance, the growing trade and economic relations between the two countries, and ways to strengthen them. During the meeting held at the ministry in Dubai, the two parties reviewed the growth and development of the UAE’s economy, as ...

Paris / AFP Security forces responded with tear gas on Thursday as French students protesting proposed labour reforms hurled bottles at riot police in Paris and the western city of Nantes. The reforms, which were significantly watered down under pressure from a wave of protests, were adopted earlier Thursday by the cabinet of an increasingly unpopular President Francois Hollande, who ...

Bloomberg Two days after IS attacks on Brussels, European Union ministers are trying to overcome their divisions and convince citizens that they can stop the wave of terrorism as police hunt for a new suspect possibly involved in the bombings. As Belgian police continue their search for the surviving perpetrators, EU interior ministers meet in Brussels on Thursday afternoon to ...