November, 2021

• 8 November

  Sheikh Zayed Festival to begin on November 18

  

  Abu Dhabi / WAM The Sheikh Zayed Festival will begin on November 18, in Al Wathba, Abu Dhabi, under the patronage of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and upon the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and the ...

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• 8 November

  Next shipping crisis is a maritime labour shortage

  

  There are dozens of ships anchored off the ports of Los Angeles and Long Beach, imperiling global supply chains and holiday gifts. Also imperiled? The safety and well-being of the seafarers working on those ships, many of whom haven’t touched land in more than a year due to pandemic-era restrictions and the backup of vessels vying for berths in clogged ...

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• 8 November

  Brands are coming for your ears

  

  Pavlov would be lovin’ it. The man who used metronomes, buzzers and harmoniums to explore involuntary reflex actions would be in his element observing the beeps, chirps, plinks, pulses, tings and swooshes that command us — to say nothing of our faux-friendly commands to Alexa, Bixby, Cortana and Siri. (Hey!) The latest front in branding’s battle for our attention is ...

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• 7 November

  Does BlackRock see value in India’s top IPO

  What exactly do the likes of BlackRock Inc and Canada Pension Plan Investment Board see in the unprofitable Indian payments startup heading for the country’s biggest-ever initial public offering? A simple answer: the raw power of data. Paytm, formally known as One97 Communications Ltd, has signed up BlackRock, the world’s largest asset manager, and CPPIB together with the sovereign wealth ...

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• 7 November

  American politics are not (yet) fully broken

  As President Joe Biden won another legislative victory — namely, the $550 billion infrastructure bill — it’s worth asking what its success says about American politics. Mostly it’s good news, whether or not you agree with the policies of the Biden administration. The most enduring truth is that the median voter theorem, as social scientists refer to it, continues to ...

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• 7 November

  Johnson can’t duck Tory sleaze row as UK criticism mounts

  

  Bloomberg UK Prime Minister Boris Johnson is facing growing criticism over his party’s conduct, as a former Conservative prime minister and opposition members speak out against him following a lobbying scandal. Johnson is “trashing the reputation of our democracy,” opposition leader Keir Starmer said in a BBC interview, after the prime minister outlined plans to overhaul rules on politicians’ behavior ...

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• 7 November

  N Korea conducts artillery drill amid ally joint exercise

  

  Bloomberg North Korea conducted an artillery fire drill that could target its rival Korea’s heavily populated capital, after Washington and Seoul kicked off joint military aerial exercises despite Pyongyang’s rebuke. North Korea’s mechanised troops held an “artillery fire competition” to boost the country’s “mobile artillery combat capabilities,” state-run Korean Central News Agency said on Sunday. The country’s leader, Kim Jong-un, ...

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• 7 November

  Ardern touts ‘maturity’ in relations with China

  Bloomberg PM Jacinda Ardern said there is a “maturity” in New Zealand’s relationship with China, its biggest trading partner, which her government believes enables it to raise issues of concern, amid simmering tensions between Beijing and the West. “New Zealand has always been very consistent in saying regardless of that economic relationship, we do still believe that we have the ...

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• 7 November

  Georgia protesters seek care for ex-leader on hunger strike

  

  Bloomberg Thousands of opposition protesters in Georgia rallied outside the prison holding former president Mikheil Saakashvili, on a hunger strike for more than a month. They demanded he be moved to a hospital. The activists set up tents and makeshift huts outside the prison, vowing to continue rallies until their demand for his move, within 24 hours, was met. Saakashvili, ...

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• 7 November

  RBA sees first rate increase in 2024 as wage growth sluggish

  

  Bloomberg The Reserve Bank of Australia (RBA) struck an upbeat note on the economy, while maintaining that faster wages growth and inflation will take some time and the first interest-rate increase is unlikely before 2024. The economy will expand 3% this year, despite a likely sharp contraction in the third quarter due to virus lockdowns, and then accelerate to 5.5% ...

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