June, 2018

• 23 June

  Palestinians skewer US team’s Mideast peace mission

  

  Bloomberg The Trump team’s mission to the Middle East will run into a dead end if it tries to dodge political issues at the heart of the Israeli-Palestinian conflict, Palestinian Authority President Mahmoud Abbas’s spokesman said. The lead US Middle East peace negotiators, Jared Kushner and Jason Greenblatt, have been visiting with leaders in the region this week as they ...

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• 23 June

  Pentagon ‘suspends’ Korean military exercises

  

  Bloomberg The US has “indefinitely suspended” military exercises in South Korea to foster Washington’s fledgling relationship with Pyongyang in the wake of President Donald Trump’s meeting in Singapore earlier this month with North Korean leader Kim Jong-un. Defense Secretary Jim Mattis suspended the Ulchi Freedom Guardian exercises as well as two other war game operations that were scheduled to take ...

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• 23 June

  Romania leader conviction to worsen political tensions

  Bloomberg A second criminal conviction for Romania’s de-facto leader is set to fan political tensions over corruption in the Black Sea nation. Social Democrat boss Liviu Dragnea was handed a 3 1/2-year jail sentence for abuse of office, though he won’t be sent to prison until the appeals process has been exhausted. In a sign of the impending battle, the ...

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• 23 June

  Pence to lead US-Brazil talks on rocket launch

  

  Bloomberg Talks over US commercial use of a rocket launch site in Brazil are advancing and will take center stage during Vice President Mike Pence’s visit to Brasilia next week, according to three people familiar with the matter. While a final agreement is unlikely during his visit, progress has been made in discussions to give US personnel access to the ...

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• 23 June

  Salvini to Germany: Next year will determine future of EU

  

  Bloomberg Italian Interior Minister Matteo Salvini said the next 12 months will determine whether the EU can hold together as the bloc’s leaders prepare for emergency talks on immigration this weekend. Since taking office as part of a populist coalition last month, Salvini has been stirring up tensions over migration policy, refusing rescue ships access to Italian ports, sparring with ...

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• 23 June

  OPEC, allies agree to raise oil output

  

  Bloomberg OPEC and its allies gave the final sign-off to an oil-production increase, sealing a victory for Saudi Arabia and Russia. Major producers outside the Organization of Petroleum Exporting Countries — including Mexico and Kazakhstan — met ministers from the cartel on Saturday and endorsed a nominal output increase of 1 million barrels a day, said Ecuador’s Minister of Hydrocarbons ...

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• 23 June

  UAE, US discuss stronger economic cooperation

  

  WASHINGTON / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, and US Commerce Secretary, Wilbur Ross, discussed ways to enhance cooperation in the economic and trade fields between the two countries. This came during a meeting held in Washington during the official visit of Al Mansouri to take part in The Select USA Investment Summit is being held from ...

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• 23 June

  MoI, Etisalat join forces to install smart fire alarms

  ABU DHABI / WAM HH Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, has attended in Abu Dhabi the signing of an agreement between the Ministry of Interior (MoI) and Etisalat Group (Etisalat) for the use of smart services in bolstering prevention and safety measures in public facilities as well as homes. ...

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• 23 June

  Dubai Properties projects draw interest from Chinese investors

  

  Dubai / WAM Dubai Properties, a member of Dubai Holding, is drawing high interest for its upscale projects from investors and potential buyers in China as part of its participation at Luxury Property Showcase (LPS) Beijing 2018, the leading luxury property show that is currently underway in the Republic’s capital city. Dubai Properties, a member of Dubai Holding, is drawing ...

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• 23 June

  Workshop on developing effective internal controls on financial reporting held

  Abu Dhabi / WAM More than 350 officials responsible for monitoring and developing the internal control systems at government entities and institutions in Abu Dhabi attended a workshop titled, “Building Effective Internal Financial Auditing Systems”, organised by Abu Dhabi Accountability Authority (ADAA). Representatives of the major audit firms operating in the Emirate also participated in the two-day workshop, which was ...

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