March, 2019

• 13 March

  UAE, Spain ink agreement on exchange of N-fuel services

  

  Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec), signed a Memorandum of Understanding (MoU), with Enusa Industrias Avanzadas (Enusa), defining a framework for collaboration and the exchange of information and expertise in the field of nuclear fuel services. The MoU was signed at Enec’s headquarters in Abu Dhabi, by Mohamed Al Hammadi, CEO of Enec, and Jose Vicente ...

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• 13 March

  Children are the creators of the future, says Sheikha Fatima

  Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, congratulated mothers and children on the occasion of ‘Emirati Children’s Day’, celebrated annually on March 15. In a speech marking the occasion, Sheikha Fatima said that Emirati children ...

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• 13 March

  DP World introduces first cranes to Port of Berbera

  

  Dubai / WAM DP World Berbera has achieved another milestone for Somaliland, commissioning the first Mobile Harbour Cranes (MHCs), at the Port of Berbera this month. The introduction of the MHCs is a landmark development by DP World Berbera, as the port will for the first time offer shoreside crane support, substantially improving vessel operations. The $12 million investment on ...

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• 13 March

  Ex-Trump aide Manafort gets 7.5 years in prison

  

  Bloomberg Paul Manafort will serve a total of seven-and-a-half years in prison for felonies uncovered as part of Special Counsel Robert Mueller’s investigation into Russian election interference, as a judge extended his sentence on Wednesday while delivering a blistering denunciation of his illegal conduct and habitual lying. US District Judge Amy Berman Jackson in Washington ordered that Manafort must serve ...

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• 13 March

  Election targeted by by Chinese, Russian hackers: Indonesia

  

  Bloomberg Chinese and Russian hackers are attacking Indonesia’s voter data base in a bid to disrupt the country’s upcoming presidential election, according to a senior election commission official. As Indonesia prepares for simultaneous presidential and legislative polls on April 17, authorities are facing a wave of cyber incursions they say may be aimed at discrediting the polling process. The head ...

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• 13 March

  A wealthier N Korea carries risk for Kim’s grip on power

  

  Bloomberg President Donald Trump has spent a lot of time trying to convince Kim Jong-un that great wealth awaits if he gives up his nuclear weapons and opens North Korea’s economy. Yet that carries big risks for the young leader. While Kim’s calls for relaxing the sanctions cutting off North Korea from the global economy helped sink talks with Trump ...

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• 13 March

  Orban still elusive amid ‘expulsion push’

  

  Bloomberg A top member of the European Union’s largest political bloc met with Hungarian Prime Minister Viktor Orban and organizations critical of his policies in what may have been one of the premier’s last chances to avoid expulsion from the continent’s political mainstream. Manfred Weber, the European People’s Party’s candidate to lead the EU executive, said several issues remained outstanding ...

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• 13 March

  Kremlin: Putin to back law jailing critics for disrespect

  Bloomberg The Kremlin indicated that President Vladimir Putin supports new laws punishing online media for spreading “fake news” or material that insults state officials, the latest move in a broad crackdown on dissent in Russia. The upper house of parliament passed the legislation in a near-unanimous vote, and will now send it to Putin for signing. The measures are “undoubtedly” ...

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• 13 March

  HK peg defense hits $692 million

  Bloomberg Hong Kong’s de facto central bank intervened to defend the local currency’s peg against the dollar for second time in days. The Hong Kong Monetary Authority (HKMA) bought $500 million of local currency, according to its page on Bloomberg, after the Hong Kong dollar fell to weak end of its HK$7.75-HK$7.85 trading band. It also purchased $192mn worth at ...

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• 13 March

  Australia consumer sentiment slumps in March

  

  Bloomberg Australia’s consumer confidence slumped in March as households were shaken by a slowdown in economic growth and the prolonged downturn in the property market. Sentiment fell 4.8 percent to 98.8, the weakest reading since September 2017 and meaning pessimists now outnumber optimists, Westpac Banking Corp. said in a statement Wednesday. It said responses during the survey showed “a marked ...

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