Int’l 3D artists to showcase their creations at Dubai festival

  Dubai / WAM Artists shortlisted for the AED 2.3 million Dubai Canvas 3D Art Award will create and display their stunning 3D artworks at the Dubai Canvas 3D Art Festival to be held in City Walk from March 1-7. The shortlist features an eclectic group of accomplished international 3D artists who bring diverse creative perspectives and technical skills. Dubai Canvas ...

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Collapse of burning Tehran high-rise kills 30 firefighters

  TEHRAN / AP A high-rise building in Tehran engulfed by fire collapsed on Thursday, killing at least 30 firefighters and injuring some 75 people, state media reported. The disaster struck the Plasco building, an iconic structure in central Tehran just north of the Iranian capital’s sprawling bazaar. Firefighters, soldiers and other emergency responders dug through the rubble, looking for survivors. ...

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30 missing in central Italy avalanche that buries hotel

  MILAN / AP Rescue workers were met with an eerie silence on Thursday when they reached a four-star spa hotel struck by an avalanche in a mountainous earthquake-stricken region of central Italy. At least 30 people were missing, including at least two children, authorities said. Guests at the three-story Hotel Rigopiano in the central Abruzzo region alerted emergency workers of ...

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24 children killed when bus, truck collide in norhern India

  LUCKNOW / AP A truck loaded with sand collided with a school bus early Thursday, killing at least 24 young children in the northern Indian state of Uttar Pradesh, police said. At least two dozen other children were injured when the speeding truck collided head-on with the bus, said Javeed Ahmed, the state’s top police official. The children, between the ...

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Pro-Russia leader in NATO’s Bulgaria takes oath before Trump

  Bloomberg A day before US President-elect Donald Trump’s inauguration, another pro-Russian president was sworn in far to the east, in NATO member Bulgaria, as questions arise over the future of the alliance amid rising animosity with its Cold-War adversary. Rumen Radev, a 53-year-old, US-trained general, took an oath of office on Thursday in Sofia after defeating the ruling party’s ...

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Greek president: Turkish troops, guarantees ‘unacceptable’

  NICOSIA / AP Greece’s president says an insistence by Turkey and Turkish Cypriots on keeping troops and military intervention rights on Cyprus even after the ethnically split island is reunified is “anachronistic” and unacceptable.” President Procopis Pavlopoulos says such positions are contrary to European Union norms and would create “dangerous precedents” if implemented. He said after talks with Cypriot President ...

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Kosovo asks EU, US and others to denounce Serbia provocation

  PRISTINA / AP Kosovo’s foreign minister has written to his counterparts in the European Union, US and other countries denouncing “numerous acts of provocation and aggression” from Serbia, an official said on Thursday. The minister, Enver Hoxhaj, called on the EU, which facilitates Pristina-Belgrade talks to normalize ties, “to urge Serbia to remain committed to good neighborly relations,” according to ...

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China notes progress in ties under Obama

  BEIJING / AP Sidestepping recent disputes over Taiwan and regional security, China said on Thursday that “important progress” has been made in its relationship with the US under President Barack Obama and the two countries should move forward as partners rather than competitors. Asked to sum up relations under Obama, who leaves office Friday, Foreign Ministry spokeswoman Hua Chunying recalled ...

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Egypt tumbles on stamp duty worry, Q4 earnings support Saudi

  DUBAI / Reuters Egypt’s blue-chip stock index tumbled on Thursday after Reuters reported that authorities were considering temporarily reintroducing a stamp duty on stock market transactions, while Saudi Arabia was supported by quarterly corporate earnings. The index dropped 3.7 percent, its largest single-day decline since June 2016. Local traders were heavy net sellers after a Finance Ministry source, speaking ...

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Chinese investors see silver lining for stocks as bonds tumble

  Bloomberg For some China investors, the outlook for bonds is becoming a compelling reason to buy stocks. December’s debt selloff, the biggest in six years, may just be the start as policy makers crack down on speculative trading, according to HFT Investment Management Co. With the Shanghai Composite Index one and a half years on from its own bubble ...

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