June, 2016

• 20 June

  EU boosts Libya naval mission, to enforce arms embargo

    Luxembourg / AFP EU foreign ministers on Monday agreed to boost the bloc’s anti-people smuggling operation in the Mediterranean to include training of the Libyan coastguard and enforcing a UN arms embargo. Ministers also agreed to extend Operation Sophia’s mandate by one year, a statement said, as the European Union tries to stem a flood of migrants from North ...

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• 20 June

  6 dead, dozens injured in Mexico teachers’ protest

  

    Oaxaca / AFP Unknown gunmen opened fire as police and teachers clashed in southern Mexico during a protest that left six people dead and more than 100 injured, authorities said. The violence erupted as police threw tear gas at the protesters to end a week-long barricade that was blocking a road in Asuncion Nochixtlan, a town in Oaxaca state, ...

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• 20 June

  Burundi school kids deface portraits to defy president

    Nairobi / AFP A quiet protest movement is spreading in Burundi’s schools where hundreds of students have been suspended in recent weeks for defacing pictures of President Pierre Nkurunziza in textbooks. Scribbling on the presidential portraits contained in government-issue study guides is seen as an act of silent resistance against a regime that clings to power despite more than ...

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• 20 June

  Stocks advance with pound as Brexit chances retreat

  

    BLOOMBERG Global equities rallied and the pound strengthened the most since 2008 on signs the campaign for the U.K. to stay in the European Union was gaining momentum. The yen declined with U.S. Treasuries and gold as haven demand eased. The Stoxx Europe 600 Index headed for its biggest gain since August and emerging-market shares advanced for a second ...

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• 20 June

  EU exit alarms propel gold investors to near record rally wagers

  

    Bloomberg The turbulence sweeping global markets has reignited investors’ passion for gold. Global central bankers have sounded the alarm that a British exit from the European Union could be disruptive to the global economy. Anxiety about the June 23 vote contributed to more than $1 trillion of value being wiped from global equities last week as bullion futures reached ...

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• 20 June

  Brexit no Lehman to Europe strategists keeping stock calls

    Bloomberg British secession from the European Union is a market scenario that the region’s equity strategists are choosing not to factor into their forecasts — or at least, one they are expecting to have no catastrophic meaning for stocks. Even as global markets teetered last week and polls showed more U.K. voters leaning toward leaving the trading bloc, securities ...

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• 20 June

  Marine green shift shores up electric jet tenders

  

    ALKESH SHARMA / Emirates Business Green is the new mantra for success in the boats and yacht industry. UAE, which is undergoing a considerable surge in the sea-tourism segment owing to its picturesque coastline, is gradually taking firm strides towards the eco-friendly marine solutions in the yachting world. According to reports, as eco-friendly generation is fast multiplying and it ...

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• 20 June

  UAE Research Program for Rain Enhancement Science expands reach

  

      Dubai / Emirates Business The UAE Research Program for Rain Enhancement Science has been on a research collaboration trip to Japan and China, in order to meet with eminent scientists and researchers in many scientific fields related to rain enhancement science, introducing them to the program and its goals, and the aspirations of the UAE leadership and government ...

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• 20 June

  DFWAC launches #BeMyVoice drive to fight violence

  

    DUBAI / Emirates Business The Dubai Foundation for Women and Children (DFWAC) launched the #BeMyVoice campaign to encourage the community in general and the media and social media influencers in particular, to support the victims of violence against women and children and shed light on their suffering, as well as spreading awareness on how to confront violence and prevent ...

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• 20 June

  UAE leads digital signage sector

  

    Sunaina Rana / Emirates Business Technological advances have given a boost to the digital signage industry in the Emirates, with the sector expected to reach $23.02 billion by 2023, according to a report by Global Market Insights Inc. “Digital World Computer Design LLC has been contributing to the Digital Printing industry for the last 10 years in Dubai. The ...

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