Kazakhstan ruling party wins parliamentary poll

Astana / AFP Energy-rich Kazakhstan’s ruling party has secured a landslide win in parliamentary polls that never threatened to trouble autocrat President Nursultan Nazarbayev’s long reign, official results confirmed Monday. According to the Central Electoral Commission (CEC) Nazarbayev’s Nur Otan party won 82 percent of votes in Sunday’s election and will share parliament with the pro-government People’s Communist Party and ...

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Rousseff in trouble as impeachment drive accelerates; Lula fights back

Brasília / AFP Brazil’s struggling leftist government is fighting on two fronts as impeachment proceedings threaten President Dilma Rousseff and legal battles harry her predecessor, Luiz Inacio Lula da Silva. Rousseff’s presidency appears to be in peril as she fights impeachment, protests, recession and scandal, and her decision to call Lula to the rescue backfired last week when a judge ...

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Spain probes ‘crash’ that killed 13 foreign students

Tortosa / AFP Spanish investigators on Monday sought to establish the cause of a weekend coach crash that killed 13 female students from six countries, most of them Italians, as they were returning from a festival. The vehicle was carrying students from about 20 countries, many of them on the European Erasmus exchange programme in Barcelona, the seaside capital of ...

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Trade myths and realities

In this bitter campaign, one area of agreement unites the major candidates: trade. Bernie Sanders brags that he’s opposed all recent trade agreements; Hillary Clinton now rejects the Trans-Pacific Partnership (TPP), President Obama’s signature trade success that she once supported; and Donald Trump blames incompetent US trade negotiators for devastating job losses to China that might be cured by a ...

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Water wisdom can help avert crisis

The quest for water, especially in arid regions worldwide, is rapidly becoming an overriding concern, as governments and research centres seek options on how best to address the issue. The scenario looks so gloomy with reports that as many as 3.5 billion people are expected to experience water scarcity in the next decade. Given this huge number, the problem is ...

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Mark Zuckerberg’s wooing of China

“It’s great to be back in Beijing!” wrote Mark Zuckerberg in a Facebook post on Friday. “I kicked off my visit with a run through Tiananmen Square, past the Forbidden City and over to the Temple of Heaven.” This marks the latest in a series of attempts by the chairman and chief executive of Facebook to win the hearts and ...

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China’s economic planning dilemma

According to the National Development and Reform Commission’s (NDRC) Report on the Implementation of the 2015 Plan and on the 2016 Draft Plan for National Economic and Social Development, adopted March 16, considerable progress was made in 2015 and reforms were laid out for 2016. As China’s economy become more complex, planning has become more challenging. In 2015, the government’s ...

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Huawei bolsters ME presence

Sunaina Rana / Emirates Business China’s leading telecommunications equipment and services company Huawei’s ‘honor’ model has announced that its ‘honor 5X’ smartphone launched in February, has sold five times more than its predecessor 4X device. Chris Sunbaigong, Vice president of Huawei honor, told Emirates Business, “Honor is the No 1 smartphone e-brand from Huawei. As a parent company, Huawei has ...

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AFC aims to reinforce regional fashion

RITIKA SHARMA / Emirates Business Riding high on success of Arab Fashion Week, the Arab Fashion Council (AFC) is now gearing up to churn out fashion big-wigs from the region. In a bid to encourage students to consider higher education in the field, AFC has joined hands with Dubai Ladies Club and announced new scholarship programme for 2017, in which ...

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ADCB ties up with Emirates Foundation

Abu Dhabi / Emirates Business Abu Dhabi Commercial Bank (ADCB) and Emirates Foundation, the UAE national foundation established to facilitate public-private partnerships for empowering youth, has announced a ground-breaking collaboration aimed at increasing levels of financial literacy in the UAE. The ADCB/EF Financial Literacy partnership is the first-of-its-kind in the region, and is set to offer branch-based financial literacy and ...

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