Wednesday , April 25 2018


Top China paper warns of crisis risk over debt

  Jakarta / Bloomberg China must turn off the taps of credit-driven growth to avoid a financial system crisis in the face of rising bad loans and other risks, the Communist Party’s official mouthpiece newspaper said on Monday, citing an unnamed “authoritative” source. The prominent article, in question-and-answer format, started ...

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Middle-class tax cut is ‘floor’ for talks in Congress: Trump

  Bloomberg Presumptive Republican presidential nominee Donald Trump said his chief economic concern is giving the middle class a sizable tax cut, while other proposals, including lowering taxes on businesses and the wealthy, were starting points for negotiation. “I have to negotiate now with senators and congressmen,” Trump said during ...

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‘UAE, Maldives should work together to promote tourism’

  Male / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, on Sunday met the Foreign Minister of the Republic of Maldives, Dunya Maumoon. During the meeting, they discussed issues of mutual interest and ways to enhance cooperation and bilateral relations which would contribute ...

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DEWA, ABB to exchange best practices for energy sector

  Dubai / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA) received a delegation from engineering firm ASEA Brown Boveri (ABB). The delegation included Claudio Facchin, President of the Power Grids division and Member of the Group Executive Committee, Noaman Amjad, Group Senior Vice ...

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