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Abu Dhabi / Emirates Business The Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on advanced energy, and sustainable technologies, on Tuesday announced that it will highlight its innovations and involvement in the aerospace, aviation, defense and space sectors at the upcoming Global Aerospace Summit 2016, hosted by Mubadala Development Company. Part of the Abu Dhabi ...

Athens / AFP Greek Prime Minister Alexis Tsipras said on Tuesday that an EU-IMF audit of the debt-laden country’s reforms would likely resume by March 10, hinting that the process was being delayed by divisions among the creditors. “My estimate is that (senior creditor representatives will) return in the first ten days of March,” Tsipras said in a televised interview. ...

NEW YORK / Bloomberg If the U.S. enters a recession this year, it may end up a lot like a boring conversation at a cocktail party: painfully long and shallow. The world’s largest economy has a host of strengths, from well-capitalized banks to financially-stable households, which should help limit the depth of a downturn should one happen. Yet with interest ...

BEIJING / Bloomberg China’s political leaders identified aerospace as one of 10 key industries in the country’s quest to become an advanced industrialised nation. Ahead of this weekend’s annual legislative session, Western planemakers — their future competitors — are helping them toward that goal. Airbus Group SE will break ground on Wednesday on a finishing center for its wide-body A330 ...

FUJAIRAH / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, approved on Monday projects for the Ministry of Infrastructure Development, worth AED7 billion, during a field visit to the East Coast. The projects include approvals for housing aid, the building of new residential complexes, roads, schools, health centres ...

DUBAI / WAM HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Deputy Chairman of the Dubai Executive Council, on Monday morning chaired the council’s meeting held at its headquarters in the Emirates Towers to discuss a number of projects and topics on the agenda. The meeting comes within the framework of the executive council’s ...

LONDON / Bloomberg Scottish First Minister Nicola Sturgeon is urging all of Britain to vote to stay in the European Union in June’s referendum as proponents of quitting the bloc argue that the U.K. would be better off economically if it breaks away. Sturgeon made her case in a speech Monday morning in London. The Scottish National Party leader told ...

BLOOMBERG Latin America’s policy makers are finding out they can’t fight the market. Colombia saw its peso rise last Monday after announcing a mix of currency, fiscal, and monetary measures, only for it to succumb to an emerging-market selloff later in the week. Argentina’s dollar sales failed to stop the peso falling every other day last week, and investors say ...

Columbia / AP Hillary Clinton, fresh off her South Carolina primary landslide, is shifting her focus to Republican front-runner Donald Trump as her party seeks consensus on the best ways to challenge the billionaire’s unpredictable nature in a general election campaign. As Clinton nears the 11 state contests to be decided on Super Tuesday this week, allies of the former ...

Damascus / AFP The United Nations prepared to deliver aid to thousands of besieged civilians in Syria on Monday as a fragile ceasefire entered its third day largely intact despite accusations of violations. UN humanitarian coordinator Yacoub El Hillo said the world body hoped to take advantage of the first major truce in five years of conflict to distribute supplies ...