UAE Non-Oil Business Activity Surges to Nine-Month High in December

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 The United Arab Emirates' non-oil private sector recorded its fastest expansion in nine months in December 2024, buoyed by strong domestic demand and increased business activity, according to the latest S&P Global Purchasing Managers’ Index (PMI) report. PMI Highlights Robust Growth The seasonally adjusted UAE PMI climbed to 55.4 in December from 54.2 in November, signaling robust growth well above the 50.0 threshold that separates expansion from contraction. This marked the third consecutive monthly increase, underscoring sustained recovery in the non-oil sector. Key drivers of growth included a notable rise in new business activity. The new orders subindex rose sharply to 59.3 in December from 58.0 in the previous month, reflecting strong domestic demand. Challenges Amid the Growth While domestic demand flourished, export growth slowed, with the export orders subindex dropping to a seven-month low. Additionally, businesses faced mounting backlogs due to capacity constraints,...

Trump Plays New Salvo Against California Over Anti Abortion Rules

Abortion will not be covered under insurance, a new salvo fired by the Trump administration to get him all the brownie points he could want to win his next election term. Addressing a gather at the ‘March For Life’ rally, Trump has warned the California State not to go against the federal law. He has asked California not to ask insurers to cover abortion and has threatened to withhold federal funding if the state doesn’t end its mandate. 

Other states have also been warned to come under attack, if they don’t adhere. These will include Illinois and Oregon to start with. Indeed the whole funding budget now stands in jeopardy as Trump uses the same strategy to throttle his own people now- economic terrorism.

California’s decision that private health-insurance policies include abortion coverage was at one time, challenged by a Catholic mission, the Missionary Guadalupanas of the Holy Spirit. A three-judge panel of the California Court of Appeals in August dismissed that lawsuit.

However, Trump has used exactly this point to focus his attention on the conservative Christian population in America.  It is therefore no wonder that his administration is going out of its way to court and expand support from antiabortion voters heading into the 2020 election. His campaign released a video Friday announcing the launch of “Pro-Life Voices for Trump.” The president has made a series of other moves aimed at conservative Christian voters, including a pledge to renew guidance on prayer in schools and the launch of an “Evangelicals for Trump” coalition.

Undeniably, there are billions now at stake. California has continued to show a broad minded approach to things and this was worded in the Democratic Governor Gavin Newsom who said  “California will continue to protect a woman’s right to choose, and we won’t back down from defending reproductive freedom for everybody—full stop.”

With Trump’s threat, California might have to face insecurity over the $51 billion it gets from HHS (United States Department of Health & Human Services) and for its Medicaid program. The six states that mandate abortion coverage get more than $100 billion annually in federal Medicaid funds alone.

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