Sharjah / WAM The Big Heart Foundation (TBHF), a Sharjah-based global humanitarian organisation dedicated to helping people in need worldwide, announced the commencement of a project to establish the first Ready Made Garments (RMG) Factory for Kids Wear, in Upper Egypt. The project, to be implemented by Egypt Network for Integrated Development (ENID), under the United Nations Development Programme (UNDP), ...
Read More »Washington says ‘hard work’ needed with Kim pre-summit
Bloomberg The US has some “some hard work†to do with North Korea before President Donald Trump meets Kim Jong un in Vietnam later this month, according to its special envoy Stephen Biegun. Trump is “very much looking forward to taking the next steps,†according to a pool transcript of Biegun’s remarks on Saturday. The envoy on North Korea spent ...
Read More »Thai King’s rebuke of sister increases tensions before vote
Bloomberg Even for a country where coup attempts, street protests and political intrigue are the norm, February 8 will go down as one of the most dramatic days in Thai history. It started around 9:15 am, when allies of former premier Thaksin Shinawatra —a tycoon who has lived in exile for more than a decade after repeated clashes with royalists ...
Read More »â€˜President treats Zimbabwe opposition like cockroaches’
Bloomberg A leading Zimbabwean politician accused President Emmerson Mnangagwa of treating opposition supporters like cockroaches that need to be eliminated, evoking language used during the genocide of the Tutsi minority in Rwanda in 1994. Tendai Biti, a senior member of the opposition Movement for Democratic Change, laid the blame for the most brutal suppression of urban protests in Zimbabwe since ...
Read More »Venezuela’s dueling leaders spar as aid blocked at border
Bloomberg The only thing Venezuela had in abundance was angry words as its main political players attacked each other in simultaneous news conferences while the nation teeters on the brink of a humanitarian catastrophe. In Caracas, President Nicolas Maduro denounced the presence of trailers of humanitarian aid brought to the Colombian border, calling them part of a plan cooked up ...
Read More »Macron tangles with allies to regain footing
Bloomberg French President Emmanuel Macron is on the offensive, seeking to regain his footing after being mocked by Italy’s leaders, largely ignored by Germany’s rising political generation and threatened by Yellow Vest protesters. Three months before a European election, the burst of assertiveness signals Macron is stepping up his campaign to boost his standing after months of scandals and domestic ...
Read More »Zambian opposition leader says police tried to shoot him
Bloomberg Hakainde Hichilema, the leader of Zambia’s main opposition party, said police fired live ammunition at him and his supporters. The incident happened during a political rally in the southwest of the country, his spokesman, Brian Mwiinga, said in a text message. The opposition leader wasn’t hurt, he said. Police didn’t use live ammunition in dispersing an “unruly crowd†in ...
Read More »Chevron aligns strategy with Paris deal, won’t cap output
Bloomberg Chevron Corp. vowed to cut greenhouse gas emissions in alignment with the Paris Accord on climate change, potentially averting a shareholder rebellion at its annual general meeting. The US oil major pledged to reduce air pollution intensity by 25 to 30 percent by 2023, as recommended in the Paris agreement that took effect in 2016. The target applies across ...
Read More »Total discovery opens up new petroleum play off South Africa
Bloomberg Total SA said it has opened up a new “world-class†oil and gas province off the coast of South Africa after making a significant gas-condensate discovery there. Success in the nation’s first deep-water well is a potential boon for a country that imports most of its oil, processing the remainder of its fuels from coal and natural gas. “We ...
Read More »Netherlands wins Brexit spoils amid corporate relocation talks
Bloomberg Brexit is driving companies out of the UK, and the Netherlands is raking in the corporate refugees. About 250 companies are in talks with the Netherlands Foreign Investment Agency to potentially relocate activities to the country, according to a statement. The candidates would join 42 companies that made the move last year, and the 18 early birds in 2017. ...
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