August, 2021

• 16 August

  Website launched to check ‘Student Golden Visa’ rules

  

  ABU DHABI / WAM The Abu Dhabi Residents Office (ADRO) has launched a new web tool to help parents of high school students in the Emirate of Abu Dhabi confirm if their children have been selected to receive a Student Golden Visa. The launch of the website follows the Emirates Schools Establishment’s (ESE) announcement that 2,036 exceptional students – 950 ...

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• 16 August

  RTA named ‘Team of the Year’ at British Safety Awards 2021

  

  DUBAI / WAM Dubai’s Roads and Transport Authority has been named ‘Team of the Year’ at the British Safety Council International Safety Awards 2021. From the 292 organisations that won an International Safety Award, including businesses from the UK, Africa, Asia, India, mainland Europe and the Middle East, the RTA’s team was the sole Team of the Year winner. The ...

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• 16 August

  Why Poland is getting on the nerves of US, EU

  

  It’s easy to lose count of the number of times someone has declared the death of Polish democracy; usually reports are exaggerated. Poland is large enough, diverse enough, noisy enough and liberty-minded enough to resist being dragged under a dark authoritarian blanket again. That doesn’t mean we shouldn’t be worried by recent developments. The erosion of democracy may be a ...

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• 16 August

  Should the dollar go for crypto?

  

  It was on August 15, 1971, and many Americans were watching television — the most popular show that evening being the Western series “Bonanza.” (Older readers will recall that it chronicled the adventures of the Cartwright family — Ben, his three sons and their Chinese cook — on their Ponderosa Ranch in Nevada.) At 9 pm Eastern time, the Cartwrights ...

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• 16 August

  Maybe California does have enough water!

  It’s hard to know how much to panic over California’s dwindling water supplies. The state has never really had enough water, after all, yet lawns in Beverly Hills somehow remain perpetually green. Earlier this month, however, came a sign that life might soon be getting more uncomfortable for more Californians. On August 3, the State Water Resources Control Board voted ...

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• 16 August

  Moderna achieves an aura with investors

  There’s no real precedent in the drug industry for the rapid rise of Moderna Inc. on the back of its highly effective Covid-19 vaccine. The company’s market value soared from $6 billion to a peak of almost $200 billion in 19 months, exceeding century-old Big Pharma stalwarts. Last month, it entered the S&P 500 Index. It takes a leap to ...

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• 16 August

  Cost to bury carbon near tipping point

  

  Bloomberg Skyrocketing carbon prices and a “code red” warning about the threat posed by climate change are giving fresh momentum to a technology that captures and removes greenhouse gas emissions so they can be buried. The market for these tools could reach $2 trillion if used to cut pollution from heavy industry, according to Credit Suisse Group AG. With carbon ...

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• 16 August

  Pemex can’t afford to build oil field it fought to control

  Bloomberg Petroleos Mexicanos fought tooth and nail to wrest control of the country’s biggest private oil find from the companies that discovered it. Now it has found itself without the cash to actually develop the field. After taking operational control of the Zama megafield last month, the Mexican state-owned oil producer doesn’t have the nearly $2 billion needed to develop ...

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• 16 August

  Amazon funding spurs union exodus from consumer board

  

  Bloomberg Three major unions have quit the board of the nation’s oldest consumer advocacy organisation, claiming funding from Amazon.com Inc has compromised the group’s progressive mission. In separate letters last month, the presidents of the United Food & Commercial Workers, the Communications Workers of America and the United Auto Workers wrote that their groups were resigning immediately from their roles ...

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• 16 August

  UK’s travel Covid test prices cut following criticism

  

  Bloomberg The UK government lowered the cost of Covid tests provided by the National Health Service for international travel following criticism from the competition watchdog and the tourism industry. The cost of tests will be reduced to 68 pounds ($94.30) from 88 pounds for one test and to 136 pounds from 170 pounds for two, the UK’s Department for Health ...

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