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March 28, 2021 Local News, Uncategorized
Abu Dhabi / WAM While schools throughout Abu Dhabi will be on a two-week spring break from March 28, the Abu Dhabi Department of Education and Knowledge (ADEK) intends to keep students entertained and enrich their learning opportunities with the launch of 2021 #NeverStopLearning activities programme. Under the programme, students in Grade 10/Year 11 to Grade 12/Year 13 can join ...
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March 28, 2021 Energy, Uncategorized
Bloomberg Russia will start its first trial of a marketplace to trade carbon credits on the remote Far East region of Sakhalin starting next year, as the world’s largest energy exporter faces criticism for being slow to reduce greenhouse-gas emissions. The goal is to have the region become carbon neutral by 2025, Deputy Economy Minister Ilya Torosov said in an ...
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March 28, 2021 Energy
Bloomberg Mexican President Andres Manuel Lopez Obrador sent a bill to congress that seeks to give state oil company Petroleos Mexicanos greater control over fuel prices, distribution, imports and marketing, his spokesman said. The proposal would modify the country’s hydrocarbon law to allow the Energy Ministry and main regulator to suspend permits “with the goal of guaranteeing the interests of ...
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March 28, 2021 Opinion
With broad swaths of the US economy locked down for more than a year, those with good-paying jobs have had fewer opportunities to spend. The result is the highest saving rate on record and an estimated $1.7 trillion stockpile of pandemic savings. It’s widely assumed — and even encouraged — that consumers will spend a good portion of that money ...
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March 28, 2021 Opinion
As you watch yet another congressional hearing where social media CEOs awkwardly put on suits and ties to defend the indefensible to the uncomprehending, you couldn’t be blamed for feeling hopeless. Our long-standing policies for regulating traditional media have collapsed in the face of user-generated content, with networks of tens of millions of people creating it in real time at ...
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March 28, 2021 Opinion
President Joe Biden has big, ambitious plans that will continue to ring up unwieldy bills for the federal government. His administration will have to fund a significant — but still undetermined — portion of those bills by raising taxes on affluent Americans. And that won’t go well unless Biden’s team can get ahead of well-heeled taxpayers who are inclined to ...
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March 28, 2021 Opinion
“Nothing is so permanent as a temporary government program.†The quip is from the late libertarian economists Milton and Rose Friedman, who would not have been surprised that the same is true of war resolutions. But now a bipartisan group of congressmen is trying to change that. The Authorisation for the Use of Military Force Against Iraq Resolution of 2002, ...
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March 28, 2021 Aviation
Bloomberg The French government is close to finalising a recapitalisation plan for Air France after addressing some antitrust concerns raised by the European Commission, according to people familiar with the matter. The multi-billion-euro package could be announced in coming days following final approval from Brussels and the board of parent Air France-KLM, said the people, who asked not to be ...
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March 28, 2021 Aviation
Bloomberg Prime Minister Narendra Modi’s government is close to inviting financial bids for flag carrier Air India Ltd., moving toward the sale of an airline that’s surviving on taxpayer money, Civil Aviation Minister Hardeep Puri said. The financial offers are expected to come in within 64 days from the date of request, he said, addressing the Times Network India Economic ...
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March 28, 2021 Aviation
Bloomberg Boeing Co. delivered its first 787 Dreamliner since October, handing over a jet to United Airlines Inc. while the planemaker continues to inspect others for small structural defects. United received a new 787-9 and will take another, a spokeswoman for the airline said. The first plane will be ferried from Charleston, South Carolina, to the carrier’s San Francisco hub ...
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