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Bloomberg Greece will take a one-week break in bailout review discussions with its creditors, after failing to reach an initial agreement, as officials from the Greek government, the euro area and the International Monetary Fund fly to Washington to attend IMF meetings. Officials decided to “pause,” so they can all go to Washington, Greek Finance Minister Euclid Tsakalotos said in ...

Bloomberg The agriculture slump is getting so bad in the U.S. that farmers are about to get more government aid than at any time in the past decade, signaling the rising public cost of crop surpluses and cheap food. About $13.9 billion of net farm income this year will be federal payments, or about 25 percent of total profit estimated ...

New Delhi / AFP US Defense Secretary Ashton Carter and his Indian counterpart agreed on Tuesday to strengthen their cooperation on maritime security, as concerns grow in Washington over Beijing’s growing military ambitions. Carter is in New Delhi to bolster a strategic relationship Washington considers crucial in the face of what it sees as China’s rising assertiveness, particularly in the ...

RITIKA SHARMA / Emirates Business Due to oil price slump, 2016 seems to be a cautious year for most of the industries. However, UAE real estate market looks somewhat unaffected. According to a GCC-centric survey, real estate industry salaries are expected to remain stable in the coming months of 2016. The average monthly salaries for the Middle East real estate ...

Brussels / AFP Belgium has charged two new suspects over last month’s deadly Brussels airport and metro attacks, as police pursue the investigation “night and day”, the federal prosecutor’s office said on Tuesday. A statement said Smail F and Ibrahim F were “charged with participation in the activities of a terrorist group, terrorist murders and attempts to commit terrorist murders, ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Monday received Giorgi Kvirikashvili, Prime Minister of the Republic of Georgia, and his accompanying delegation at the Dubai World Trade Centre. Sheikh Mohammed bin Rashid welcomed his guest, and the two sides discussed a number of topics ...

Dubai / Emirates Business On World Parkinson’s Day, the Dubai Health Authority run Rashid Hospital announced that it opened a dedicated Parkinson’s clinic. The move is in line with the Authority’s vision to provide specialised care for patients. Dr Abubaker Al Madani, head of neurology department at Rashid Hospital, said: “At the moment the clinic will be held twice a ...

Dubai / Emirates Business Under the patronage of HH Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Sumansa Exhibitions announced the grand launch of “The Dubai Show” in a Press Conference held at the iconic Burj Al Arab. With an aim of presenting all that Dubai has to offer to the world, the first edition of The Dubai Show, will ...

HIROSHIMA / AP A gut-wrenched John Kerry said Hiroshima’s horrible history should teach humanity to avoid conflict and strive to eradicate nuclear weapons as he became the first US secretary of state to tread upon the ground of the world’s first atomic bombing. Kerry’s emotional visit on Monday to the Japanese city included him touring its peace museum with other ...

Singapore / AFP China’s economic slowdown will hit growth in developing East Asia and the Pacific from this year until at least 2018, the World Bank said on Monday, warning of volatile global markets and urging caution. Regional growth is forecast to slow from 6.5 percent in 2015 to 6.3 percent this year and 6.2 percent in 2017 and 2018, ...