March, 2020

• 29 March

  The euro-zone rescue talks are irrelevant

  The Covid-19 epidemic has forced the euro zone’s finance ministers to think of innovative ways to combat an inevitable recession. They met to discuss how to use the European Stability Mechanism (ESM), the single-currency area’s rescue fund, to help countries fund a large-scale fiscal stimulus. Yet this debate appears largely irrelevant, at least for the moment. The European Central Bank ...

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• 29 March

  World’s airports are fast becoming ghost towns

  

  Atlanta’s Hartsfield-Jackson International, the world’s busiest airport, has turned a runway into a parking lot for grounded aircraft; about 80% of Frankfurt airport workers have had their working hours cut and many now won’t go to work at all; Manchester has closed two of its three terminals and short-hop specialist London City Airport is suspending all flights until the end ...

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• 29 March

  It’s good to be a cable king amid pandemic

  

  If the world were ending, I’m convinced that all that would be left are cockroaches and the cable giants. Things aren’t quite that bad, but they aren’t good either. And yet, as the coronavirus pandemic sends the US into a recession, Brian Roberts may have reason to be among the least worried from his perch at Comcast Corp, the Roberts’s ...

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• 29 March

  With everyone working from home, go easy on Netflix

  

  Work-from-home neophytes are providing some much needed moments of levity right now. The Italian priest livestreaming mass with cat’s ears and whiskers accidentally superimposed on his head. The woman who failed to switch her camera off when she took a bathroom break during a conference call. Children and pets generally making a nuisance of themselves. Even if staged, they warrant ...

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• 28 March

  Mohamed, Indonesian president discuss virus containment efforts

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, spoke over the phone with Indonesian President Joko Widodo and discussed the latest regional and global developments as well as bilateral and multilateral efforts being taken to contain the impact of coronavirus pandemic. His ...

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• 28 March

  Trump signs $2 trillion virus bill, largest ever US stimulus

  

  Bloomberg President Donald Trump signed the largest stimulus package in US history, a $2 trillion bill intended to rescue the coronavirus-battered economy. “This will deliver urgently needed relief,” Trump told reporters at the White House, as he was joined by GOP leaders but no Democrats. “We’re going to keep our small businesses strong and our big businesses strong.” The hard-won ...

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• 28 March

  India’s chaotic cities turn eerily silent as coronavirus fears grow

  

  Bloomberg The bustling streets are silent across much of India as the country heeds Prime Minister Narendra Modi’s 21-day lockdown to break the chain of transmission of the coronavirus, but the WhatsApp groups are buzzing. As the number of infections continue to rise, the anger and anxiety once expressed by the honking of horns at rush hour is finding voice ...

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• 28 March

  Etisalat CloudTalk Meeting allows up to 50 participants

  

  DUBAI / WAM Etisalat on Saturday announced it is expanding its CloudTalk Meeting by enabling 50 concurrent participants to join an online meeting and discussion, in response to the high volume of requests and growing demand for the service. The three months’ free access to Etisalat’s unified communication and collaboration platform CloudTalk Meeting launched recently was well-received by the market, ...

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• 28 March

  Emirates SkyCargo ramps up operations

  Dubai/ Emirates Business Emirates SkyCargo stepped up its commitment to facilitate the flow of essential goods across markets including the UAE. Working in a scenario where global air cargo capacity has been severely constrained due to restrictions on passenger flights, Emirates SkyCargo continues to ensure that goods such as food and medical supplies are transported to destinations where they are ...

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• 28 March

  Showcase your creativity while at home with #CreateTogether

  

  DUBAI / Emirates Business Dubai Culture and Arts Authority (Dubai Culture) has launched a nationwide digital campaign through its social media platforms titled #CreateTogether. This campaign was launched under the directives of Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of the Authority, following her letter of hope and optimism to Creative and Cultural industry. Through this ...

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