Abu Dhabi / Emirates Business The Executive Committee of the Abu Dhabi Exports Office (Adex) approved the allocation of AED 550 million ($150 million) to support the strategic expansion of the nation’s export businesses and continued diversification of the UAE economy. During the meeting, the committee discussed a number of requests to finance exports, as well as reviewed the strategies ...

Bloomberg Democratic presidential candidate Bernie Sanders said his competitor, Joe Biden, could beat President Donald Trump in November, but added that he would be the stronger general-election candidate. “We are the stronger campaign to defeat Donald Trump but you have not heard me say that I think that Biden cannot defeat Trump,” Sanders told reporters in Phoenix, Arizona, as he ...

Bloomberg President Donald Trump lashed out at the governor of Washington State — where 13 people have died of the coronavirus — calling him “a snake” during a press briefing on the illness. Trump’s remark, during a tour of the Centers for Disease Control and Prevention in Atlanta, came a day after the governor, Jay Inslee, had a cordial meeting ...

Bloomberg South Korea retaliated against Japan for what it called an “irrational and excessive” request for its citizens to voluntarily quarantine themselves, as Tokyo’s outbreak-control measures renewed tensions between the neighbours. South Korea is raising its advisory for all of Japan to Level 2, or “refrain from travel,” first deputy foreign minister Cho Se-young said in a statement. It also ...

Bloomberg Support for Chancellor Angela Merkel’s bloc dropped to its weakest on record, with her party embroiled in a leadership contest and Europe’s largest economy flirting with recession. If a general election were held this Sunday, Merkel’s CDU and its Bavarian sister party, the CSU, would together garner 26%, down one percentage point from a month earlier, according to a ...

Bloomberg Ukrainian President Volodymyr Zelenskiy defended a cabinet reshuffle that unnerved investors and dismayed voters who’d backed him to clean up the country’s notoriously murky post-Soviet politics. The revamp swapped young newcomers picked to sever ties with the past for experienced hands whose task is to revive stuttering reforms. The problem is that, in one of Europe’s most corrupt nations, ...

Bloomberg Iraq will halt border trade with Iran and Kuwait between March 8 and 15 to curb the spread of the coronavirus, the country’s health minister Jaafar Sadiq Allawi said in a televised press conference. Sea- and air-borne trade will continue as long as personnel and goods involved have the necessary paperwork from their originating countries to show that they ...

Bloomberg Hong Kong’s dominant broadcaster cut a current affairs program that had satirised the police amid a citywide shortage of protective gear against the coronavirus, prompting fresh warnings about press freedoms in the former British colony. The broadcaster, Television Broadcasts Ltd, cut local media outlet RTHK’s controversial satire programme “Headliner” — which had earlier prompted a complaint from Hong Kong’s ...

Bloomberg A group of economists have cautioned India’s government against clubbing data collection for its controversial citizens’ register with the census exercise, saying it could have implications for the nation’s statistical system. The census is a basic household and population list based on anonymous data, whereas there are fears the National Population Register could be used to question a person’s ...

Bloomberg China’s exports fell more than expected in the first two months of this year as the coronavirus outbreak led to extended holidays, depressed factory output, and blocked transport and movement across the country. Imports also declined, although increases in commodities purchases offset some of that. The drop in exports was a bigger-than-expected 17.2% in dollar terms, while imports declined ...