India caps duty-free gold imports for jewellery exporters to curb demand
India on Thursday tightened rules for duty-free gold imports for jewellery exports by capping imports at 100 kg per licence, the government said in an order.
Warsh wins confirmation as Fed chair, with inflation on the march
The US Senate on Wednesday voted to confirm Kevin Warsh as the chair of the Federal Reserve, paving the way for the lawyer, financier and former central-bank governor to take the reins of the Fed.
The UAE's decision to exit the Organisation of the Petroleum Exporting Countries (OPEC and OPEC+) was a "sovereign strategic choice" and not "driven by political considerations", Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, said on Saturday.
Strongly condemning Iran's "unprovoked" attacks on the UAE, the Ministry of Foreign Affairs stressed that all its actions were defensive, aimed at protecting its sovereignty and in line with the country’s legitimate right to safeguard its national security.
The UAE has strongly rejected Iranian allegations and threats targeting its sovereignty and national security, reaffirming its right to respond to any hostile actions in line with international law.