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South Korea and the United States failed on Wednesday to reach an agreement over Seoul’s contribution towards hosting some 28,500 US troops, ending two days of talks that were the last before their existing deal expires on Dec.31.
The increase will take South Korea’s contribution this year to 1.18 trillion won ($1.03 billion). Former US President Donald Trump questioned the extent of US funding of the defence of allies and had demanded that South Korea pay as much as $5 billion a year.
Contributions poured for the World’s Tallest Donation Box, shining 180,000 lights on 18 floors of Burj Khalifa within 24 hours of the initiative’s launch.
Arif Amiri, CEO of Dubai International Financial Centre (DIFC) Authority, affirmed that the centre has become a major engine for economic growth in Dubai and the UAE, with its contribution