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‘FlyArystan’ inaugural flight lands at Sharjah Airport

SHARJAH / WAM Sharjah Airport received the inaugural flight of the Kazakh airline “FlyArystan”, coming from Almaty International Airport and greeted it with a traditional water cannon salute. The airline seeks to benefit from the growing demand for travel to and from the Emirate of Sharjah by building this line, with a frequency of two weekly flights. The choice of ...

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UAE sees 1,826 new recoveries from Covid-19

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 266,926 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As ...

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Big government is answer to US’s supply problems

In the wake of the pandemic, Americans are rediscovering the importance of the economy’s supply side. But this won’t be a rerun of the 1980 — we’re learning that there’s a lot more to bolstering supply than tax cuts and deregulation. Economists, as most people know, tend to think of the world in terms of supply and demand. The Great ...

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Can bond traders predict the future?

Consumer prices paid by city dwellers in the US rose more than 7% last month and more than 9% in April on an annualised basis. If this keeps up the rest of the year, it will be the highest inflation rate the US has experienced since the 1980s. But fear not, say some investors and the Federal Reserve, the bond ...

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The best way to judge any green energy policy

Energy policy is often judged by three criteria: cost, reliability and effect on carbon emissions. That makes good sense. The energy sector is remarkably politicised. The current infrastructure could probably not be built under the regulatory regime, which may also hinder the development of tomorrow’s green-energy infrastructure. It is not easy to put wind turbines next to the homes of ...

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California, Texas fail the power test together

Are Texas and California really so different? They certainly look different from the rest of the country in one respect. For all their contrasts, Texas and California are currently united in asking their respective populations to unplug appliances and forgo the air conditioning. Both have experienced blackouts of some form in the past year, and both have issued warnings about ...

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Britain to keep restrictions on overseas travel in place

Bloomberg The UK government signalled it will keep restrictions on overseas travel in place for now to control a surge in coronavirus infections and the risk of new variants of the virus taking hold. Justice Secretary Robert Buckland said “normal” holidays were “never going to be the case” this year because of increasing Covid-19 cases. His comments indicate increasing concern ...

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‘FAA must regulate, not promote space industry’

Bloomberg The US government’s edict to both regulate and promote the rapidly growing commercial space industry is a conflict of interest and must end, a senior lawmaker said. Representative Peter DeFazio, the Oregon Democrat who is chairman of the Transportation and Infrastructure Committee, said he would introduce legislation to alter the Federal Aviation Administration’s mandate. The committee heard comments on ...

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