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Venezuela prez under fire

Caracas / AFP Venezuela’s opposition vowed to speed up efforts to oust President Nicolas Maduro after he defied lawmakers by securing emergency powers to intervene in the crisis-hit oil state’s economy. The maneuvers intensified a political standoff that has raised fears of unrest and deepening economic suffering in the oil-rich, violence-plagued South American state. The Supreme Court overruled opposition from ...

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UAE’s IT market to touch AED19.2 billion by 2019

ALKESH SHARMA Emirates Business Emirates’ Information and Technology industry is at an all-time high, courtesy the UAE government’s progressive policies and presence of world-class IT growth catalysts in the country. It expects a Compound Annual Growth Rate (CAGR) of nearly 3.6 percent over the period of 2015-2019, suggests a Business Monitor International (BMI) Research report. According to the survey, the ...

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Protests over pension reforms rock Athens

Athens / AFP Thousands of demonstrators gathered in Athens on Saturday in solidarity with farmers who have blocked dozens of highways and border crossings in recent weeks in protest over a pensions overhaul. An estimated 12,000 people gathered in the Greek capital’s central Syntagma Square outside parliament, police said. More than half were members of the communist-leaning Pame trade union, ...

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