May, 2018

• 6 May

  UAE’s maritime sector in focus at roundtable discussion

  

  Dubai / Emirates Business Under the patronage of the Federal Transport Authority for Land and Maritime (FTA) and with the presence of HRH Princess Sarah Al Saud, Tactics Maritime Media and Marasi News have successfully arranged “The UAE Maritime Leaders Roundtable Discussion” under the theme of “Leading the UAE towards being a preferable destination for maritime investment”. The event brought ...

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• 6 May

  ADNEC to host high-profile regional and global events in May

  

  Abu Dhabi / WAM The Abu Dhabi National Exhibitions Company (ADNEC), will host a series of strategic events during the month of May, in keeping with the spirit of the Holy Month of Ramadan. The most high-profile of these will be the Capital Majlis, being held for the third year in a row, which will welcome over 700 guests throughout ...

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• 6 May

  Lebanon elections under way with billions in funds at stake

  

  Bloomberg Lebanon is holding its first parliamentary elections in nine years, a pivotal moment for the country as it tries to ease a crippling debt burden and avoid being dragged deeper into some of the Middle East’s escalating crises. Polls opened on Sunday morning under a new law based on proportional representation that’s meant to more accurately represent Lebanon’s complex ...

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• 6 May

  N Korea denies US pressure behind denuclearisation

  

  Bloomberg North Korea said US sanctions aren’t the reason behind its willingness to remove nuclear weapons from peninsula, accusing its adversary of trying to ramp up tensions ahead of a summit between leaders of the countries. The US is misleading the public by saying its sanctions are working, KCNA said on Sunday. America isn’t being helpful if it continues to ...

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• 6 May

  Trump plans to pull out of Iran N-deal: Giuliani

  

  Bloomberg Rudy Giuliani suggested that Donald Trump plans to pull the US out of the Iran nuclear agreement, pointing to the presence in the president’s inner circle of new Secretary of State Mike Pompeo and long-time foreign policy hawk John Bolton. “We have a president who is tough,” Giuliani said at a conference organised in Washington by the Organization of ...

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• 6 May

  Trump threatens federal shutdown over border wall

  

  Bloomberg President Donald Trump renewed a threat to close down the federal government when current funding runs out in September if immigration reforms and funding for a wall on the US border with Mexico aren’t forthcoming. “We may have to close up our country to get this straight,” Trump said during an event in Cleveland focused on the benefits of ...

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• 6 May

  May under pressure from Brexit-divided Tories

  

  Bloomberg Theresa May declared her “absolute determination” to make a success of Brexit as she came under new pressure from Conservatives on both sides of the Brexit debate. Writing in the Sun newspaper on Sunday, the British prime minister pledged to leave the European Union’s single market and the customs union and build “a new relationship with EU partners that ...

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• 6 May

  Five Star ready to discuss with League to form Italy government

  

  Bloomberg Italy may be at a turning point to end a two-month political deadlock as Five Star Movement leader Luigi Di Maio signalled he’s ready to give up his quest to be prime minister as a way to begin talks with the League’s Matteo Salvini on forming a government. “I want to do a political government with the League based ...

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• 6 May

  Good-as-it-gets bear case on stocks keeps drowning out earnings

  

  Bloomberg It’s not what have you done for me lately. For companies in the S&P 500 Index, it’s what will you do for me next. And that’s proving a thorny question for US equity bulls. Another week of stellar earnings reports has gone by without any payoff in stocks. Even Friday’s rally, the biggest in almost a month, couldn’t turn ...

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• 6 May

  Pound may regain lost ground if BOE decides on ‘hawkish hold’

  

  Bloomberg Once again, the pound’s fortunes lie with the Bank of England. Traders will scrutinise the central bank’s policy decision on Thursday for any signs that an interest-rate hike this year is still in the cards. A lot of bad news has already been baked into the UK currency and a “relatively hawkish hold” from the BOE could push it ...

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