Amidst Myanmar's civil war, China is exploiting the nation's heavy rare earth metal resources, vital for advanced technologies. Chinese companies extract billions worth of minerals, benefiting from the post-coup sanctions and the junta's need for revenue. This extraction, concentrated in border regions like Kachin and Shan, causes environmental damage, with toxic byproducts polluting rivers and impacting neighboring Thailand.
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Donald Trump has accepted an invitation for a second state visit to the UK, hosted by King Charles III and Queen Camilla at Windsor Castle in September. This unprecedented event, marking the first time a US president receives a second state visit, aims to strengthen diplomatic ties. Prime Minister Keir Starmer extended the invitation, seeking to maintain a positive relationship with the US.
Andrew Cuomo, after his primary defeat to Zohran Mamdani, plans to run as an independent, pledging to withdraw if he isn't the strongest challenger by early September. He urges other independent candidates to do the same. Mamdani's campaign dismisses Cuomo's efforts, calling them backroom deals with billionaires and Republicans.
Startup founders are shifting towards the Gulf region. Tax benefits and easy regulations attract them. Nations like UAE and Saudi Arabia are key destinations. Government support boosts growth in sectors like Fintech and AI. Long-term residency options are available. This shift creates a vibrant startup ecosystem. It offers access to capital and regional expansion.
Donald Trump plans tariffs on goods from smaller nations. These include countries in Africa and the Caribbean. The tariff could be a little over 10 percent. New tariff rates will take effect on August 1. Trump will announce tariffs on pharmaceutical drugs by month's end. He had announced a trade agreement with Indonesia. This agreement reduces tariffs on Indonesian exports.
Abu Dhabi’s new real estate law allows developers to cancel off-plan property contracts without going to court, but only under strict conditions. Buyers in default are given clear notice, time to fix the issue, and a chance to settle. The law aims to protect both developers and buyers, ensure fair process, and keep property projects on track.
Saudi Arabia has opened its main stock market, Tadawul, to direct investment by GCC residents for the first time. The move expands access beyond previous limits and is part of wider reforms to attract regional and global investors. It aligns with Vision 2030 goals to diversify the economy, boost market liquidity, and strengthen the Kingdom’s financial leadership in the Gulf.
US Vice President JD Vance faces scrutiny as old posts resurface, revealing his past promotion of Epstein conspiracy theories. This contrasts sharply with his current defense of Trump amidst renewed speculation. The Justice Department's denial of an Epstein client list hasn't quelled online outrage, particularly among Trump supporters who feel misled by earlier claims.
Need more time in the UAE without breaking the law? Visa runs let you exit and re-enter, extending your stay legally. Whether it’s a simple border trip to Oman or a flight to a nearby country, this method is a safe and cost-effective solution. Just ensure your eligibility and keep your documents in order to avoid fines or complications.
Somali-American state senator Omar Fateh, a Minneapolis mayoral candidate, faced racist online attacks after announcing his progressive platform, including a $20 minimum wage and blocking police cooperation with ICE. Despite the vitriol and false claims about his citizenship, Fateh remains focused on the election, emphasizing the need to protect communities from Trump's policies and invest in alternative public safety responses.
Yemen’s Houthi rebels struck the cargo ship Magic Seas in the Red Sea, marking their first maritime attack in months. The assault, involving missiles, drones, and explosive boats, forced the crew to abandon ship. The UAE swiftly rescued all 22 crew members, highlighting rising regional tensions amid the ongoing Israel-Gaza conflict and renewed threats to vital shipping routes.