March, 2023

• 24 March

  China urges Europe to support its blueprint for talks on Ukraine

  

  BLOOMBERG China’s top diplomat Wang Yi urged Europe to play a role in supporting peace talks for Russia’s war in Ukraine, though the US has warned Beijing’s proposals would effectively freeze the Kremlin’s territorial gains. “China looks forward to France and other European countries to also play their due role,” Wang told Emmanuel Bonne, a diplomatic advisor to the French ...

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• 24 March

  Kim Jong-un warns of ‘radioactive tsunami’

  

  Bloomberg North Korean leader Kim Jong-un oversaw tests of weapons designed to deliver nuclear strikes against the US and its allies, including one his regime billed as a new underwater drone that can create a “radioactive tsunami.” The tests also included cruise missiles that were affixed with mock nuclear warheads, the official Korean Central News Agency (KCNA) reported on Friday. The ...

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• 24 March

  UK, EU to adopt new Brexit deal for Northern Ireland

  

  BLOOMBERG The UK and European Union (EU) will sign off on their new Brexit deal for Northern Ireland, despite ongoing opposition to the agreement from some unionists in the region. UK Foreign Secretary James Cleverly and EU Commission Vice-President Maros Sefcovic will meet in London to adopt the so-called Windsor Framework, after which new trading arrangements can be implemented, the Foreign ...

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• 24 March

  DP World, Delhi Capitals ink long-term partnership deal

  

  DUBAI / WAM DP World and Delhi Capitals have announced a long-term partnership on Friday, where DP World, a leading provider of end-to-end logistics, has become the Global Logistics Partner of the renowned cricket franchise. The new partnership, unveiled at the Leela Palace Hotel in New Delhi, is a multi-year deal that will prominently feature DP World’s logo on the ...

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• 24 March

  Abrahamic Family House, a tranquil haven for diverse Abu Dhabi community, visitors

  

  ABU DHABI / WAM Encompassing three separate houses of worship — a mosque, a church, and a synagogue — the Abrahamic Family House began welcoming visitors from March 1. Located in the Saadiyat Cultural District in Abu Dhabi, the Abrahamic Family House is rooted in the UAE’s values of bringing people and cultures together. The site has already become an ...

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• 24 March

  Emirates to launch first A380 service to Bali from June 1

  

  DUBAI / GULF TIME Emirates, the world’s largest international airline, will deploy its signature A380 aircraft to Bali starting from June 1, marking a milestone in Indonesia’s aviation history as the first A380 service to the country. The new 2-class Emirates A380 service will replace one of the two daily services to Bali currently operated by a 2-class Boeing 777-300ER ...

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• 24 March

  Dollar’s post-Fed swoon gives emerging markets some space

  

  BLOOMBERG A slump in the dollar after the Federal Reserve’s latest interest-rate hike will be a breath of fresh air for emerging-market policymakers as it puts a floor under their currencies and eases their efforts to control inflation. The greenback weakened across the board, resuming a downtrend that started in earnest six months ago, and allowing the South Korean won, ...

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• 24 March

  Europe futures, Asia stocks decline as appetite sours

  

  BLOOMBERG Contracts for European equities fell and Asian shares edged lower on Friday as the malaise hanging over the global banking sector damped risk taking in markets. The yen rallied. Euro Stoxx 50 futures declined around 0.7%, while a gauge of Asian shares slid after earlier swings between gains and losses. Financials were among the worst-performing sectors on MSCI Inc’s ...

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• 24 March

  Homes r Us launches a special Ramadan Collection to create beautiful memories at home

  

  DUBAI / GULF TIME Ramadan is a time for togetherness and reflection, and Homes r Us believes every home has a story to tell. In celebration of the Holy Month, the brand has put together a variety of ideas to help customers reflect on their style. In that spirit, the home décor and furniture brand launched its Ramadan 2023 collection. In this year’s ...

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• 23 March

  ‘War-weary’ world may embrace China’s Ukraine peace bid: US

  

  BLOOMBERG Xi Jinping’s meetings in Moscow with Vladimir Putin put the Biden administration in an uncomfortable position: on the sidelines as two adversaries discuss a Ukraine peace proposal that the US has deemed unacceptable. US officials have publicly expressed deep skepticism about the Chinese idea, saying its call for a cease-fire would reward Moscow’s invasion by cementing its territorial gains. ...

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