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Biden’s vow to protect Afghans runs up against Taliban barriers

Bloomberg President Joe Biden’s promise to help vulnerable Afghans flee their country in the face of a Taliban onslaught is running up against his reluctance to budge from an August 31 deadline to withdraw all US forces. Refugee groups and former officials says he can’t sustain both. Biden said he was essentially putting Afghan allies of US and Nato forces ...

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Sheikh Mohammed announces golden visas for humanitarians

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Wednesday announced that the UAE would offer Golden Visas to charity and humanitarian aid workers in recognition of their efforts and sacrifices. The announcement made by HH Sheikh Mohammed to provide long-term residence visas to humanitarian ...

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Emirates inks codeshare deal with Brazil’s Azul

Dubai / WAM Emirates signed a codeshare agreement with Azul Linhas Aereas Brasileiras S.A (Azul), which will allow customers to seamlessly connect to and from eight cities in Brazil to Emirates’ global network via Sao Paulo. The codeshare agreement has been approved by the Brazilian Federal Aviation Agency (Agência Nacional de Aviação Civil). Under the codeshare, customers will be able ...

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Pure Salmon establishes its global HQ in Abu Dhabi

Abu Dhabi / WAM Pure Salmon, a global land-based salmon aquaculture company, prepares to establish its headquarters in the emirate of Abu Dhabi. A partnership between the Abu Dhabi Investment Office (ADIO) and Pure Salmon will see the company receive financial and non-financial incentives to expand local food sustainability efforts with its proven salmon farming technology. The partnership is part ...

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Fall of Kabul: Afghan allies of US fear the worst

Bloomberg President Joe Biden’s rapid pullout from Afghanistan has left thousands of Afghans who worked as translators and guides for the US military in a desperate race to escape the country to avoid being targeted by the Taliban. Amid the chaotic US withdrawal, Afghan allies are having to navigate complicated logistics and an overburdened bureaucracy to get visa paperwork in ...

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London’s housing market shows hit from home working in July

Bloomberg London private housing rents fell in July compared with a year earlier as the ability to work from home meant that being close to city center offices was no longer a priority for workers. The 0.1% decline set the UK capital apart from other regions, where rental prices climbed by almost 2% on average, Office for National Statistics (ONS) ...

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Trudeau confronts inflation as economic achilles heel at polls

Bloomberg Prime Minister Justin Trudeau can expect mostly good news from economic data during Canada’s five-week election campaign. But there’s one potential trouble spot for him: consumer prices. A Statistics Canada report is expected to show that price inflation accelerated in July to almost the fastest rate in two decades. Economists estimate that consumer prices jumped 3.4% last month on ...

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T-Mobile says hackers steal about 7.8mn customers’ personal data

Bloomberg T-Mobile US Inc said an investigation confirmed about 7.8 million current users had information stolen along with more than 40 million records from past or prospective customers who’d applied for credit in a cyberattack. The stolen information included customers’ full names, dates of birth, social security numbers, and IDs such as drivers licenses, the Bellevue, Washington-based company said in ...

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Euro-area businesses stepped up hiring

Bloomberg Euro-area businesses stepped up hiring during the second quarter when pandemic restrictions started to ease and the economy returned to growth. Employment increased by 0.5% in the three months through June after declining 0.2%. The economy expanded by 2% in the same period, matching an initial estimate. The region’s economic outlook has vastly improved in recent months, after a ...

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