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China’s provinces suffer major fiscal hit from Covid zero

Bloomberg China’s doubling down on its zero-tolerance stance towards Covid-19 is draining local-government coffers, posing a fresh threat to the economy and bond investors. Jilin province, in the northeast of the country, has warned of “increasingly outstanding conflicts” between spending and income. Finances at almost half of its 60 county and district level governments are so tight they are exposed ...

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Royals, world leaders attend Queen’s funeral

Bloomberg The evocative bugle call of the “Last Post” echoed around a hushed Westminster Abbey as Queen Elizabeth II’s state funeral drew to a close— a poignant mark of remembrance and gratitude for the UK’s longest-serving monarch. After four extraordinary days in which hundreds of thousands of people queued for miles to pay tribute to the Queen at her lying-in-state ...

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SCCI seeks to boost public-private partnerships, draw investments

  SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has made a number of recommendations to strengthen the emirate’s public-private partnerships (PPPs), following the Cabinet’s recently approved decision to issue a federal law regulating partnerships between the federal authorities and the private sector in the UAE. During its regular meeting held at the SCCI’s headquarters, the board ...

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IGCF explores role of govt communication in crisis management

  SHARJAH / WAM Two key discussions highlighting the essential role of strategic government communications in transforming crisis into opportunity and encouraging youth to invest in tech-driven ventures to successfully seize the myriad prospects presented by the Fourth Industrial Revolution (4IR) will be staged at the 11th annual International Government Communication Forum (IGCF 2022), which unveils in less than two ...

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UAE, Uruguay discuss ways of boosting parliamentary ties

  MONTEVIDEO / WAM Saqr Ghobash, Speaker of the UAE Federal National Council (FNC), and Pablo Lanz, Chairman of the International Relations Committee of the Senate of Eastern Uruguay, discussed enhancing parliamentary relations and stressed the importance of joint cooperation and coordination regarding international issues of common interest. Saqr Ghobash is leading a parliamentary delegation on an official visit to ...

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Abu Dhabi summit to explore future of diverse culture sector

  ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced that its fifth edition of Culture Summit Abu Dhabi, a leading global forum, will return to Manarat Al Saadiyat under the theme ‘A Living Culture’. Designed to explore the future of the culture sector and discuss creative cultural solutions to some ...

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France denies it’s mulling halting power exports to Italy

  Bloomberg France denied a report that it’s considering cutting power exports to Italy, saying it’s committed to maintaining power supply to its European neighbours. France “reaffirms its commitment to reciprocal solidarity regarding gas and electricity with all our European neighbours,” the energy transition ministry said in a statement. “Fully functioning electric interconnections are a priority for collective supply security.” ...

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Biden warns Putin against using nuclear or chemical weapons

Bloomberg President Joe Biden said Vladimir Putin would face a “consequential” US response if the Russian president used nuclear or chemical weapons in the war in Ukraine. “Don’t. Don’t. Don’t,” Biden said in an excerpt from an interview with CBS’s “60 Minutes” when asked what he would say if Putin were considering using tactical nuclear weapons or chemical weapons in ...

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Time running out to join queue of mourners to Queen Elizabeth

Bloomberg Time was running out on Sunday for tens of thousands of people still hoping to pay respects to Queen Elizabeth II by joining a miles-long queue to view her coffin at Westminster Hall. The British Department for Digital, Culture, Media and Sport said that a decision will be taken later on when entry to the line will close, as ...

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Fauci warns of anti-vaxxer attitude beyond Covid-19

Bloomberg US President Joe Biden’s top medical adviser warned in an interview with the Financial Times that a broad refusal of vaccines against Covid-19 may undermine efforts to immunise children and contain future illness outbreaks. Anti-vaccine attitudes “might spill over into that kind of a negative attitude towards childhood vaccinations,” Anthony Fauci was quoted as saying. “If you fall back ...

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