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Why China’s Djibouti presence matters

  Jonathan Dove SPECIAL TO EMIRATES BUSINESS China’s foreign policy is evolving, and Africa may be both its proving ground and litmus test. As Beijing is seeking to expand its global role, its national interests, citizens, and assets need to be protected abroad, and nowhere else is this need as acute as it is in Africa. Consequently, China seems to ...

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Will Afghan Air Force make a difference this time?

While the Taliban officially launched their annual spring offensive this week pledging large-scale attacks, the Afghan National Defense and Security Forces (ANDSF) will for the first time in 15 years be able to deploy a light attack aircraft specifically designed for counterinsurgency operations in their fight against the insurgents. The Afghan Air Force (AAF) will begin this year’s fighting season ...

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Global stocks extend rally as oil reverses losses

BLOOMBERG Global stocks rallied for a fifth day and oil climbed, while the dollar reversed gains, and Singapore’s currency dropped as the city state unexpectedly loosened monetary policy. The Stoxx Europe 600 Index rose as Nestle SA led a surge in food companies, after Asian equities posted their longest rally in a year, while Standard & Poor’s Index futures were ...

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