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UAE calls on all parties to halt military operations in Libya

  Abu Dhabi / WAM The UAE condemned the violence in Libya and called on all parties to immediately halt military operations, preserve the safety of civilians, government headquarters, and property, and exercise the utmost restraint to end the current crisis. The UAE urged parties to set aside division, restore calm and serious dialogue, and prioritize the national interest to ...

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China’s software sector reports $797bn growth

  Beijing / WAM China’s software industry reported a 10.3 percent increase in business revenues in the first seven months of the year, Chinese news agency, Xinhua, reported. Revenues totalled 5.46 trillion yuan (about $796.66 billion) from January to July, data from China’s Ministry of Industry and Information Technology showed. Companies in the sector raked in 569.8 billion yuan in ...

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Faster debt relief needed as more countries seek help, warns IMF

Bloomberg More countries are likely to seek debt relief as a stronger dollar makes repayments tougher, and the program that rich nations have to help poorer ones needs to be faster and broader, the International Monetary Fund’s (IMF) deputy chief said. About 60% of low-income countries are at high risk of or already in debt distress, and about 20 emerging markets ...

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