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March 5, 2023 Local News, Uncategorized
DUBAI / WAM Dubai Electricity and Water Authority (Dewa) received 4,056 requests for electricity connection through Al Namoos service in 2022, an increase of 6.1% compared to 2021. Al Namoos (an Emirati word for a winner in a race) service enables electricity connection to projects up to 150 kilowatts in just two steps and within five days. It underlines Dewa’s ...
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March 5, 2023 Politics
BLOOMBERG As Nato allies make a show of unity in support of Ukraine, a rift between Germany and Poland risks undermining a joint effort to supply Kyiv’s forces. Quarreling in Warsaw and Berlin over missiles, tanks and spare parts has reached a new level, even as President Volodymyr Zelenskiy calls on western backers to “hurry up†in delivering armaments before ...
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March 5, 2023 Politics
BLOOMBERG Pakistan’s former premier Imran Khan addressed his supporters from his residence in Lahore as police said he was evading arrest and his close aides warned of a standoff between security forces and his supporters at the scene. Khan, 70, has drawn tens of thousands to his rallies in recent months and his arrest could bring them to the streets, ...
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March 5, 2023 Politics
BLOOMBERG Estonian Prime Minister Kaja Kallas is favored to secure an election victory Sunday, though the vocal Vladimir Putin critic may struggle to form a new government as a far-right party taps discontent. Kallas, who has become popular at home and abroad for her unwavering support for Ukraine, has held a steady — if at times narrowing — lead over ...
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March 5, 2023 Politics
BLOOMBERG China said its defense spending would grow by 7.2% this year — the fastest pace since 2019 amid increasing tensions with the US on a range of issues, including Taiwan. Military expenditure is expected to rise to 1.55 trillion yuan ($225 billion) in 2023, according to the Ministry of Finance’s annual report released on Sunday at the start of ...
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March 5, 2023 Politics
BLOOMBERG Prime Minister Rishi Sunak’s government plans new laws to prevent people who enter the UK on small boats from claiming asylum, as it looks for ways to halt a record influx of migrants crossing the English Channel. Discussing legislation expected to be introduced this week, Chris Heaton-Harris, secretary of state for Northern Ireland, said more options could be provided ...
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March 5, 2023 Energy
BLOOMBERG China signalled coal will retain its role as the country’s mainstay fuel even as the government continues to support the expansion of its world-leading clean energy industry. The nation that mines and burns more than half the world’s coal will keep supporting the fuel, while targeting more efficient consumption and advanced production techniques, according to government reports released Sunday ...
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March 5, 2023 Business
BLOOMBERG Chinese markets may come under pressure again on concerns that authorities will withhold stimulus after unveiling a conservative economic growth target that is below many investors’ expectations. The consensus-lagging growth goal of around 5% for 2023, as Premier Li Keqiang outlined in a key address to open the National People’s Congress, suggests strong monetary or fiscal help may be ...
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March 5, 2023 Business
BLOOMBERG Thailand spent a total of 444 billion baht ($12.8 billion) on public health during the three years of the pandemic to contain the spread of Covid-19 and vaccinate its population, according to the Ministry of Public Health. The cost of testing and treating people for Covid accounted for more than half the total spending at 260 billion baht, the ...
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March 5, 2023 Business
BLOOMBERG Takeda Pharmaceutical Co will sell its dengue vaccine at a steep discount in emerging markets, part of its plan to make sure that people most vulnerable to the life-threatening disease will have access to the immunisation. The cost for Qdenga in Indonesia will be about one-third its European price, far lower than many other innovative vaccines, Takeda Chief Executive ...
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