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Bloomberg Britain’s labour market took a turn for the worse in July even as the economy gradually reopened, taking total job losses under the pandemic to almost 700,000 and raising pressure on the government to extend support programs. Employment falls by 102,000, the first decline since April, the Office for National Statistics said. The single-month unemployment figure reached 4.4%, the ...

Bloomberg Argentina’s latest crackdown on dollar purchases exposed a split between the nation’s top policy makers as they struggle to find a way back from the deepest crash on record. Argentina’s dollar bonds extended their drop, two days after central bank chief Miguel Pesce tightened already-strict currency controls. Pesce wanted to ban savers from buying any dollars at all, while ...

Bloomberg Rush hour is back with a vengeance in Mexico City, diners have returned to restaurants in Bogota and joggers have flocked to Buenos Aires’s parks. In Sao Paulo and Rio de Janeiro, crowds have packed beaches and even the sprawling fake lawn beneath Alphabet Inc’s regional headquarters. In Latin America’s big cities, as in other places around the globe, ...

ABU DHABI / WAM A third Emirati aircraft carrying aid from the Emirates Red Crescent (ERC) arrived in Khartoum to rescue people affected by the floods that hit many Sudanese states, as part of the current Emirati humanitarian aid programme aimed at reducing the effects of the floods. The aircraft carried medicines, medical equipment, food and shelter materials, which will ...

DUBAI / WAM DP World, the leading global provider of smart end-to-end logistics solutions, and Dubai Customs will be exploring opportunities to develop trade links between Israel and the UAE, following the signing of a series of memorandums of understanding. Group Chairman and CEO of DP World Sultan Ahmed bin Sulayem signed MoUs with DoverTower, a company owned by Shlomi ...

Abu Dhabi / WAM Saqr Ghobash, Speaker of Federal National Council(FNC) has affirmed that the UAE- Israel Peace Accord is a historic step towards reviving the process of peace in the Middle East, and will guarantee the region’s security and stability. In a statement issued by the Council Ghobash said, “FNC stresses that the accord reflects the never-changing principles of ...

Dubai / WAM Dubai Investment Development Agency (Dubai FDI) an agency of Dubai Economy, is working closely with investors with the aim of enhancing the absorptive capacity of new quality investments that keep pace with global market trends and support sustainable economic growth in the emirate, said Fahad Al Gergawi, CEO of Dubai FDI and President of the World Association ...

Bloomberg At a funeral last week in the mountains of northern India, one of Prime Minister Narendra Modi’s top aides paid respect to a Tibetan soldier killed on the front lines of deadly clashes with China. Surrounded by troops waving the flags of both India and Tibet, Ram Madhav laid a wreath before the coffin during a ceremony that gave ...

Washington / WAM On this historic occasion, the United Arab Emirates (UAE) signed a peace accord with the State of Israel. His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation signed a peace accord with Israeli’s Prime Minister, Benjamin Netanyahu, on behalf of the UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan. ...

Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec), and its subsidiary responsible for the operation and maintenance of the Barakah Nuclear Energy Plant, Nawah Energy Company (Nawah) have marked a key milestone in their joint efforts to develop the UAE’s nuclear energy supply chain with the qualification of Adnoc Distribution as the first local supplier of petroleum products. ...