BERLIN, GERMANY - The German government on Sunday faced a backlash after abruptly ending an electric car subsidy scheme in a blow to the already struggling automotive industry. The scheme is one of the casualties of a budget crisis caused by a shock constitutional court ruling in November that upended the...
Two convictions in FIFA corruption scandal overturned by US judge
Miami, United States--Two convictions in the FIFA corruption case have been overturned by a US federal judge citing a recent Supreme Court ruling. Hernan Lopez, a former executive with 21st Century Fox and Argentine sports marketing firm Full Play were found guilty in March of paying bribes and kickbacks to South...
WTO, WBG, WEF launch scheme for trade, climate mitigation efforts
GENEVA, SWITZERLAND - The World Trade Organization (WTO), the World Bank Group (WBG) and the World Economic Forum (WEF) on Thursday launched an initiative to help developing economies meet their climate change mitigation and adaptation goals through trade. The initiative Action on Climate and Trade (ACT) . which starts with...
Dubai court authorizes jailed Brit’s fraud extradition, say lawyers
DUBAI, UAE - A Dubai court Thursday authorized the extradition of a British national wanted over an alleged 1.7 billion euro tax fraud in Denmark, the suspect's defense team said, ahead of a further ruling by a higher court. Hedge fund trader Sanjay Shah was arrested in Dubai in June,...Meta sued over scam crypto ads
The ads were for schemes apparently hailed by prominent figures.
Bahrain government launches scheme to extend health services to citizens
Bahrain government has launched a health scheme, “Medic in Every Home”, aimed at extending health services and reaching out to people. The project aims to enhance Bahrain’s rating on the third and fourth Sustainable Development Goals (SDGs), increase the survival rate for the injured and reach out to the largest...
Expats leaving Oman can retain properties under usufruct scheme
The scheme allows them to manage properties from outside the country through law firms or realtors.
