The Federal Reserve Board building on Constitution Avenue is pictured in Washington. Reuters/ File Photo
For the first time since the Great Recession a decade ago, the US Federal Reserve is poised to cut interest rates, shoring up America’s defenses as the global economy weakens.
The UAE is fast becoming an exceptional case study in international relations and diplomacy, showcasing how a ‘small’ country can punch above its weight by shaping a dynamic foreign policy vision.
Recently, it came to light that the Trump administration has been pressuring US Immigration and Customs Enforcement to release immigrant detainees to “sanctuary cities” in order to target the president’s political opposition.
Dubai welcomed 8.36 million international overnight visitors in the first six months (January-June) of 2019, posting a positive three per cent in tourism volume growth compared to the same period last year,
China’s central bank unveiled a key interest rate reform on Saturday to help steer borrowing costs lower for companies and support a slowing economy that has been hurt by a trade war with the United States.
Gold prices have hit a record high amid a rush for safe haven assets owing to the fears of a recession. Goehring & Rozencwajg, a research firm which focuses on investments in natural resources, says the great gold bull market has begun.
Abu Dhabi Securities Exchange (ADX) announced that it has succeeded in achieving a compliance rate of 97 per cent regarding the disclosure of the 2nd quarter financial statements 2019 of its listed public joint stock companies,