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Bloomberg Argentine President Alberto Fernandez called on his government to implement “all necessary measures” to combat 52% inflation that’s been aggravated by the surge of global commodity prices due to the Russia’s invasion of Ukraine. In a sombre, 18-minute speech, Fernandez said his ministers would start rolling out new measures without providing specifics. Earlier in the week, he declared a ...

  Bloomberg Italy’s economy is strong enough to handle a slowdown and its debt will remain manageable even as European Central Bank stimulus winds down, Prime Minister Mario Draghi said. “I don’t see risks for Italy’s debt,” he said after a meeting of European Union leaders in Versailles, France. “We are ready to withstand a temporary slowdown in growth, and ...

  Abu Dhabi / WAM On the occasion of Mother’s Day, 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, has paid tribute to Emirati mothers, mothers of martyrs and all mothers around the world. In a statement on the occasion, ...

  Dubai / WAM Canada celebrated its Honour Day at Expo 2020 with unique cultural performances and fun activities hosted by the pavilion throughout the day. Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence and Commissioner General of Expo 2020 Dubai welcomed Mary Simon, Governor General of Canada. Sheikh Nahyan said, “Canada’s participation features its achievements as ...

  Abu Dhabi / WAM Louvre Abu Dhabi has announced its latest international exhibition, “Stories of Paper”, organised in partnership with Musée du Louvre and France Muséums, in collaboration with 16 French and international institutions and private collections. To run from April 20 to July 24, the exhibition explores the vast range of artistic expressions of paper, with the aim ...

Bloomberg European Union leaders may hold off on endorsing intervention in the bloc’s wholesale energy market as member states are divided on the most effective emergency options to curb soaring power and gas prices, exacerbated by Russia’s invasion of Ukraine. Instead, at a summit in Brussels, the EU heads of government may agree on immediate actions to replenish depleted natural ...

Bloomberg Russia has turned more destructive artillery, including “Kinzhal” hypersonic missiles, against Ukrainian cities, a top Ukrainian aide said. “Kinzhal & Bastion systems are used against peaceful cities,” Mykhailo Podolyak, an adviser to the office of President Volodymyr Zelenskiy, said on Twitter. It was the first official response from Ukraine to Russia’s claims that it has fired the powerful missiles ...

  RAS AL KHAIMAH / WAM Gulf Pharmaceutical Industries (Julphar) has reported its year end 2021 financial results, with revenues of AED1,143 million, a 100 percent increase as compared to full year 2020 revenue of AED573 million. The increase is primarily attributable to increased market share in key operating regions including the UAE and Saudi Arabia and the contribution from ...

  Sharjah / WAM Sharjah will shine a light on the rich cultural and literary legacy of Emirati and Arab artists and authors as part of its diverse programming agenda as Guest of Honour at the upcoming 2022 edition of Bologna Children’s Book Fair (BCBF), from March 21-24. Through an exciting range of activities, events, and visits organised by cultural ...

  ABU DHABI / WAM Around 7,035,000 people have benefited from the Emirates Red Crescent (ERC) Ramadan programmes in six Yemeni governorates, including Shabwa, Hadhramaut, Taiz, Hodeidah, Aden and Socotra, according to an ERC statement. Some 6,870,000 people benefited from the Ramadan Mir and Iftar project, while 165,000 people benefited from the Eid clothing initiatives. The programmes are in implementation ...