June, 2020

• 20 June

  Air Force’s Al Fursan to fly over UAE hospitals starting Sunday

  

  ABU DHABI / WAM The UAE Air Force’s aerobatic display team, Al Fursan, will be seen in the skies over a number of the country’s hospitals for three days starting Sunday, June 21, in an initiative of appreciation by the General Command of the UAE Armed Forces for the nation’s medical teams and staff. The initiative translates a message of ...

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• 20 June

  Deal signed to strengthen Houbara protection

  ABU DHABI / WAM The Ministry of Climate Change and Environment (MOCCAE) and the International Fund for Houbara Conservation (IFHC) inked a memorandum of understanding (MoU) to enhance joint efforts to save the species from extinction. Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, and Mohamed Ahmed Al Bowardi, Deputy Chairman of IFHC, signed the agreement. ...

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• 20 June

  Singapore plans $14b to super-charge innovation

  

  Bloomberg Singapore is positioning itself for a post-Covid world with massive investment in innovation, over and above the immediate support it’s giving to help the economy rebound from possibly its worst downturn on record. The government will set aside more than $14.3 billion to support research in “high impact areas” such as health and biomedical sciences, climate change and artificial ...

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• 20 June

  Oil tanker cluster off China grows

  

  Bloomberg The cluster of oil tankers off China’s coast is growing and the vessels are waiting longer to offload their cargoes amid a lack of onshore storage space after a buying spree earlier this year. The number of oil-laden tankers parked in Chinese waters has swelled since the start of the month with almost 200 ships expected over the course ...

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• 20 June

  Eni mulls Pakistan exit after 20 years

  

  Bloomberg Italy’s Eni SpA is weighing a sale of its energy exploration and production assets in Pakistan after operating in the country for about 20 years, people with knowledge of the matter said. Eni is working with a financial adviser to gauge interest in the portfolio, said the people who asked not to be identified as the information isn’t public. ...

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• 20 June

  On Covid-19 and protests, some good news is there

  

  Last week, cars and pedestrians lined up for free Covid-19 tests in south Minneapolis, six blocks from where George Floyd was killed last month. As protests flared after his death, Minnesota’s Department of Health had set up the testing site and encouraged demonstrators to visit in hopes of stemming a potential new outbreak. Long lines at this center and three ...

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• 20 June

  Basis for ‘monetary insanity’ in India

  

  A rare meeting of minds between India’s Left and Right on a point of economics should alarm those who belong to neither. The two sides are tossing out similar — and similarly absurd — ideas. Before they make PM  Narendra Modi’s government do something silly and harmful (such as the overnight ban on 86% of currency notes in 2016), both ...

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• 20 June

  Orban uses Covid-19 crisis for ‘power grab’

  What do you call a country whose government openly embraces illiberalism and exults in the crisis of democracy, cheers the perceived decline of the US and the rise of its authoritarian challengers, makes irredentist claims against its neighbors, and spreads decay within key institutions of the American-led international order? If you answered “NATO ally,” you are, unfortunately, correct. Under PM ...

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• 20 June

  Will Brits ever trust Boris Johnson again?

  Boris Johnson clearly wants to draw a line under the fiascoes of Britain’s handling of the pandemic and return to the “boosterism” for which he is best known. And as is often the case, his instinct is right. Doing so will be crucial to putting the economy firmly on a path to recovery. The UK downgraded its coronavirus alert level, ...

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• 20 June

  Covid-19: Aeromexico mulls bankruptcy as travel plunges

  

  Bloomberg Grupo Aeromexico SAB is considering a Chapter 11 bankruptcy filing in the US as the coronavirus pandemic ravages the airline industry, said people familiar with the matter. The Mexican carrier is weighing its options and no final decision has been made, the people said, asking not to be named because the discussions are private. The company is working to ...

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