Author: Steven Sahiounie

At 1229 GMT, the yuan was 0.05% lower at 7.2605 to the dollar, its weakest since November and only 11 pips from the top of a narrow 2% daily trading band, the mid-point of which is set by the People’s Bank of China (PBOC)

The dollar index, which tracks the currency against six peers, was last up 0.28% at 105.49

These projects are unique in achieving a significant positive impact in all sectors within short periods of time

In the UAE, the growth of Nasdaq, fuelled by AI advancements, seems to have a positive ripple effect on the country

However, CBDCs could compete with bank deposits, lender says

The meeting of the sector-specific Business Groups and country-specific Business Councils overseen by the chamber attracted representatives from private sector companies operating in the emirate

Vietnam remembers Russia’s support for Vietnam in its struggle for independence, President To Lam told Russian President Vladimir Putin at Russian-Vietnamese talks. “We always remember with gratitude the selfless help and support that the Russian people extended to Vietnam in our struggle for independence,” To Lam said. “Vietnam has pursued an independent foreign policy of peace as well as a diversified and multi-vectored policy, but we attach importance to developing the traditional friendship and comprehensive strategic partnership with Russia and consider Russia as one of Vietnam’s foreign policy priorities,” he said. To Lam added that he was going to discuss…

A 15-year-old Palestinian child was shot dead by Israeli occupation forces this afternoon in the city of Qalqilya, north of the occupied West Bank. Local sources reported that the incident occurred when Israeli forces opened fire on Naeem Abdullah Samha in the Sofin neighborhood east of the city. The child was hit in the chest by live ammunition, only to be accounted dead of his wounds about an hour later. The child was initially transported to hospital for medical treatment where he was supposed to undergo an immediate surgery. He was pronounced dead of his wounds there. Source: WAFA

Russia is determined to deepen the comprehensive strategic partnership with Vietnam, Russian President Vladimir Putin has told the General Secretary of the Central Committee of the Communist Party of Vietnam, Nguyen Phu Trong. “We are firmly determined to deepen the comprehensive strategic partnership with Vietnam, which remains among the priority tracks of Russian foreign policy. We are ready to continue active joint work on a wide range of topics, including economic, scientific and technical spheres, defense, security and humanitarian relations,” Putin said at a meeting in Hanoi. He thanked for the invitation to visit the country, which, he said, “everyone…

Global health has become “geopolitical,” France’s president said Thursday, stressing the importance of cooperation in this area. “Global health has become geopolitical and health cooperation is a proof of mutual trust,” Emmanuel Macron told the Global Forum for Vaccine Sovereignty and Innovation in Paris. Macron noted that France’s contributions to international solidarity had increased 50% in seven years, “with a sharp focus on health.” Expressing pride in Gavi, the Vaccine Alliance, which helped vaccinate a billion children, Macron criticized those who consider aiding countries in need as “unnecessary,” and emphasized that this partnership is important for Africa. He also hailed…