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We are keen to provide world-class healthcare services

DUBAI / WAM The UAE prioritises the health sector, offers its citizens and residents comprehensive world-class healthcare services, and constantly aims to improve these services. Shakhbout Medical City (SSMC) is a leading health sector development project not only in the country but also in the entire region, providing advanced health and medical services in line with the highest international standards. ...

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Germany compensates utilities $2.9 billion for nuclear exit

Bloomberg Germany agreed to compensate Vatenfall, RWE, EnBw and E.ON 2.4 billion euros ($2.9 billion) for losses suffered following the country’s decision to phase out nuclear power after the Fukushima Dai-Ichi meltdowns. The deal ends the decade-long battle between the government and Germany’s biggest energy companies. It comes in an election year when the green credentials of Europe’s largest economy ...

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Pandemic relief is an economic leap of faith

Democrats are closing their eyes and throwing the dice. Congress is passing President Joe Biden’s $1.9 trillion pandemic relief bill with shockingly little information about whether the US economy can safely absorb it. The Federal Reserve isn’t helping. Its signals to markets, businesses and households have been surprisingly blasé about the possibility of the economy overheating and inflation accelerating. Predictions ...

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