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UAE a key contributor to global initiatives to eradicate poverty

ABU DHABI / WAM The UAE maintains a firm belief that the international community must work together to honor shared commitments towards achieving zero poverty, said Sultan Mohammed Al Shamsi, Assistant Minister of Foreign Affairs and International Cooperation for International Development Affairs. Al Shamsi made the remarks in a statement issued on Saturday to mark the International Day for the ...

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Oil’s jump through $85 shows spillover effect of energy crisis

Bloomberg The global energy crisis is bleeding into the oil market. Brent crude surged as high as $85.10 a barrel, a price that would have seemed unthinkable just 18 months ago, when Covid halted global mobility and trashed demand. An underlying recovery in consumption — driven by road-fuel, freight activity, and latterly air travel — is now being fired by ...

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UN condemns ‘despicable’ suicide attack on mosque in Afghanistan

NEW YORK / WAM The United Nations has condemned the deadly suicide bombing during Friday prayers at a mosque in the city of Kandahar, in southern Afghanistan, which killed at least 30 people and wounded dozens more. UN Secretary-General António Guterres condemned the attack in the strongest terms, describing it as “despicable”, said a statement. “The perpetrators of this latest ...

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