December, 2019

• 22 December

  The year socialism became a dirty word—again

  

  Bloomberg It was a bad year to be any kind of socialist in Europe. The decline has been long and agonizing for a once-dominant force, but in 2019 falling popularity reached new depths and raised questions over whether reinvention can lead to a revival. A decade ago, the prime ministers of Britain, Spain, Greece and even Hungary were from the ...

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• 22 December

  Kim expands plant making missiles that can hit US: NBC

  Bloomberg North Korea has added a structure to a factory linked to the production of intercontinental ballistic missiles, NBC News reported, raising concerns the reclusive country will resume testing weapons that can reach the US. The commercial satellite images from Planet Labs show a temporary structure added to the site that can accommodate the raising of a launcher arm for ...

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• 22 December

  New documents show Trump asked about Ukraine aid before Zelenskiy call

  

  Bloomberg New documents show President Donald Trump asked about US military aid to Ukraine a month before the call with Ukrainian President Volodymyr Zelenskiy that went on to trigger the impeachment investigation into Trump. The heavily-redacted documents, obtained under a Freedom of Information request by the Center for Public Integrity, also show that administration officials ordered a hold on the ...

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• 22 December

  HK: Police officer draws weapon amid violent rally

  Bloomberg A Hong Kong police officer drew a weapon after coming under attack at a rally in Hong Kong city center. The clash occurred during a gathering of hundreds of people at Edinburgh Place in support of China’s Uighur minority. Police stormed the rally after a Chinese flag was ripped off a pole near City Hall. Police said in a ...

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• 22 December

  Libya’s Haftar forces seize ship with Turkish crew

  Bloomberg Libyan military commander Khalifa Haftar’s forces said they seized a ship with a Turkish crew, hours after Turkey’s parliament approved a defense pact in support of his rival in the North African country’s civil war. The Grenada-flagged vessel has been led to Ras Al Hilal port where it will have its cargo checked, according to a statement posted on ...

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• 22 December

  The great decoupling of energy stocks from oil creates carnage

  

  Bloomberg This year has been one of moderate gains for the price of oil, but it has been bleak for producers. West Texas Intermediate crude is heading for an annual increase of more than 30%, but the best performance among the global oil majors has been Chevron Corp, which has posted a gain of just 10%. The S&P 500 Energy ...

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• 22 December

  Mexican stocks to lag Latam peers next year amid sluggish growth

  

  Bloomberg Mexican stocks are set to underperform emerging market stars next year amid worries about domestic economic policy, sluggish growth and U.S. trade ties. Mexico’s benchmark IPC index is projected to rise 7% next year to 47,800, according to the median of seven analysts surveyed by Bloomberg. That growth would be in line with the gauge’s performance so far in ...

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• 22 December

  Dubai tops list of tourism destinations during Christmas, New Year

  

  ABU DHABI / WAM The world’s attention will be focused on Dubai during the Christmas and New Year holidays, as it tops the list of global tourism destinations, due to its rich tourism and entertainment options. Local tourism authorities and travel companies point out that Dubai will host some five million tourists during the peak period of Christmas and New ...

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• 22 December

  Etihad Cargo awarded ‘CEIV Fresh’ certification

  

  Abu Dhabi / WAM Etihad Cargo, the cargo and logistics arm of Etihad Airways, became second carrier to be awarded IATA’s Centre of Excellence for Perishable Logistics (CEIV Fresh), in Abu Dhabi. The new award elevates Etihad Cargo as the first Middle East airline to hold both of IATA’s CEIV Fresh and CEIV Pharma certifications, and one of the two ...

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• 22 December

  SGH Dubai receives two international accolades

  

  DUBAI / Emirates Business Within a period of one week, the Saudi German Hospital Dubai (SGH Dubai) won two international accreditations, emphasising its leadership position in the healthcare industry in the UAE and region at large. The first accreditation for quality is from the Joint Commission International in the United States of America (JCI) and this accreditation represents an international recognition for ...

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