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China pledges support for Hong Kong as infections set to hit new record

By Farah Master © Reuters/JOYCE ZHOU Testing centre for the coronavirus disease (COVID-19) in Hong KongHONG KONG (Reuters) -China will fully support Hong Kong with its “dynamic zero” coronavirus strategy, its office overseeing matters in the city said, as the territory is expected to hit a new record for daily infections on Friday.The global financial hub […]

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AstraZeneca warns on falling Covid treatment sales

British Covid vaccine maker AstraZeneca on Thursday warned that coronavirus product sales and profit margins would drop this year as the pandemic recedes. © AIZAR RALDES AstraZeneca will sell its Covid vaccine at a profit this year AstraZeneca rapidly developed a successful Covid-19 jab during the pandemic that generated full-year sales of almost $4.0 billion (3.5

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EU urges Sri Lanka to lift import restrictions on European products

The European Union (EU) had strongly urged Sri Lanka to lift forthwith import restrictions preventing many European products from entering its market, during the EU-Sri Lanka Joint Commission meeting on Tuesday in Brussels. “In this regard, Sri Lanka clarified that it has imposed temporary import restrictions on non-essential items, strictly as an interim measure, due

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Uganda Announces First Final Investment Decision (FID) in 2022

On 01 February 2022, Total Energies EP Uganda, CNOOC Uganda Limited, the Uganda National Oil Company (UNOC), and the Tanzania Petroleum Development Corporation (TPDC) announced the Final Investment Decision on the Lake Albert Development. On 01 February 2022, Total Energies EP Uganda, CNOOC Uganda Limited, the Uganda National Oil Company (UNOC), and the Tanzania Petroleum

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Troubled Ukraine Peace Accords Get Fresh Push in Russia Tension

(Bloomberg) — With Western leaders in a whirl of shuttle diplomacy seeking to defuse tensions with Russia, a push to revive peace accords for Ukraine after years of inaction is gathering some tentative momentum. Whether France and Germany can unlock the process in a way that is acceptable to the Kremlin remains uncertain. It could

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UN court orders Uganda to pay $325m in reparations to DR Congo

UN Photo/ICJ/Jeroen Bouman A view of the Peace Palace, seat of the International Court of Justice (ICJ) in The Hague, Netherlands (file photo). 9 February 2022 Law and Crime Prevention Uganda must pay the Democratic Republic of the Congo (DRC) $325 million in reparations related to the brutal conflict between the two nations from 1998

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Uganda roots for UN Environment Assembly Presidency

Anywar is vying for the presidency of UNEA The Minister of State for Environment, Hon Beatrice Anywar has rallied Parliament to support Uganda’s bid in the forthcoming election of the President of the United Nations Environment Assembly (UNEA). The elections of the sixth President of the UNEA are scheduled to take place between 28 February

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Govt will not resettle Mandela Stadium squatters – Minister

Minister Hamson Obua making his way to the Dispatch Box on the Floor of Parliament to make a statement on the squatters The Government has no plans to resettle residents of Kireka B Village, who are to be affected by the renovation of Mandela National Stadium, Namboole. According to the State Minister for Sports, Hon

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New N. Korea nuclear, ICBM testing would trigger instant crisis, S.Korea’s Moon says

  SEOUL (Reuters) -A resumption of North Korea’s nuclear weapon or long-range missile tests would “instantly” send the peninsula back into crisis, outgoing South Korean President Moon Jae-in said this week, calling for measures to prevent that from happening. A record month of North Korean missile testing in January highlighted failures of Moon’s efforts to

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