March, 2017

• 22 March

  Grab the defibrillator, China’s going to need it

  

    Among financial geeks, the repurchase market is seen as the lifeblood of a monetary system. Without it, banks can’t really operate. China’s seized up, prompting the People’s Bank to perform an emergency cardiac massage. Other regulators in Beijing may want to look on closely, because they may be called upon to undertake a similar maneuver shortly. To understand what ...

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• 22 March

  The Fed’s dollar problem

  

    The Federal Reserve might be doing the right thing for the US economy by moving to bring interest rates back up to normal. But for foreign companies and governments that have borrowed trillions of US dollars, the adjustment could be painful. Thanks in large part to a prolonged period of extremely low US interest rates, borrowers around the world ...

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• 22 March

  Sanctions better option to rein in North Korea

    North Korea launched yet another missile. The missile test, though it turned out to be damp-squib, is nevertheless evidence of Pyongyang’s continued determination to develop intercontinental ballistic missile (ICBM). It seems there is nothing which can hold it back from pursuing its nuclear ambitions. North Korea is pushing hard to upgrade its weapons systems to cope with the so ...

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• 22 March

  Khalifa University reaches top 80 in Asia university rankings

  

    Abu Dhabi / WAM Khalifa University was ranked the 76th best university in Asia, according to the latest Times Higher Education (THE) Asia University Rankings. This prestigious placement follows the decade-old university’s naming as the top university in the UAE, according to 2016 THE World University Rankings and QS 2016 World University Ranking. In addition, the university was ranked fourth ...

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• 22 March

  RCB dome structure for Unit 3 of Barakah complete

  Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (ENEC) successfully completed the welding of Reactor Coolant Loop piping and the Reactor Containment Building (RCB) dome structure for Unit 3 of the Barakah Nuclear Energy Plant. The completion of pipe welding for the Reactor Coolant Loop has set a new global benchmark for quality in pipe welding, and the RCB dome ...

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• 22 March

  UAE, Armenia agree on reciprocal visa waiver for their citizens

    Abu Dhabi / WAM The United Arab Emirates and the Republic of Armenia have agreed on reciprocal exemption from entry visa requirements for their citizens. The agreement, which goes into effect on Wednesday, was announced during talks held by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, and Serzh Sargsyan, ...

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• 22 March

  Sustainable devp a priority of humanity to allow progress

  

    Sharjah / WAM The Sixth International Government Communication Forum (IGCF 2017) was officially inaugurated on Wednesday with keynote speeches from HH Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, Sheikh Sultan bin Ahmed Al Qasimi, Chairman of Sharjah Media Council, and Ali Ahmadov, Deputy Prime Minister of Azerbaijan. Emphasising the role of education and ...

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• 22 March

  VP launches ‘UAE Centennial 2071’

  

    Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of UAE and Ruler of Dubai, on Wednesday chaired a Cabinet meeting and launched ‘UAE Centennial 2071’, a long-term government plan based on the recent and crucial keynote lecture given by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy ...

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• 22 March

  DP World eyes Panama Canal opportunities

  

    Dubai / WAM Dubai ports operator DP World is exploring opportunities relating to the expanded Panama Canal, the company has confirmed. DP World said that its chairman and CEO, Sultan Ahmed bin Sulayem, met Panama President Juan Carlos Varela on Tuesday to discuss potential logistics and industrial parks and other projects in the country. Panama’s minister of commerce and industry, ...

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• 22 March

  Politics wins out over economics for Modi

  

    The legal cases against Yogi Adityanath, the new chief minister of Uttar Pradesh, India’s most populous and politically significant state, include attempted murder and criminal intimidation. This freshly anointed leader of 200 million Indians, nearly 20% of whom are Muslim, wishes to install Hindu idols in every mosque in India, and has said that “if one Hindu is killed ...

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