Dubai / Emirates Business Global shipping, logistics and marine services provider GAC has been confirmed as the official logistics partner for the Abu Dhabi Desert Challenge (ADDC) international cross country rally for the second year running. The repeat partnership will see GAC support rally participants with a portfolio of through logistics services from their port of origin to the UAE ...

Greece / AFP Greece on Saturday demanded “explanations” from the International Monetary Fund (IMF) after Wikileaks said the lender sought a crisis “event” to push the indebted nation into concluding talks over its reforms. IMF officials, in an internal discussion, allegedly voiced exasperation with Greece on its slow pace of reform, complaining Athens only moved decisively when faced with the ...

BERLIN / Reuters Germany’s spending on social security could get out of hand as the population ages, a budget specialist in Chancellor Angela Merkel’s conservatives warned, contrasting current optimism over plans for no new net borrowing until 2020. Buoyed by record-low unemployment, rising wages and steady economic growth, the German government agreed last month to its biggest increase in the ...