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,...

US top security official concerned over Moscow’s movement towards Ukraine

Ukraine


Russia’s not stop efforts to integrate the USSR or at least take one of the largest nations in the region–Ukraine–under its wings has been visible to many of the countries but not a lot of them spoke about its threats.

However, the defense chief of the United States Lloyd Austin has finally raised the issue and talked about it. Austin on Thursday talked about how Russia has been slowly building a military home near the Ukraine border but as he was describing the situation, he referred to Russia as the Soviet Union.The Soviet Union or USSR had collapsed over decades ago and it was disintegrated to different countries, one of which was Ukraine. He said

 this while speaking at a press conference in Seoul, South Korea. He talked about the massive structures and technologies Russia is using to hide its movement towards Ukraine.

“Russia has a substantial amount of forces in the border region, and we remain concerned about that,” said the Pentagon chief. He also said that despite all of that, there will not be any intrusion from the Soviet Union’s end towards Ukraine.

He further added that these efforts should not be made from Moscow’s end and for that, the Russian president Vladimir Putin should be more transparent in nature  so that such concerns can be resolved.

It is a huge deal for the United States as the partial reason for the disintegration of the USSR was the cold war between Russia and the US. The post World War II era was extremely fragile for the two nations where the two threatened each other's existence with atomic weapons.

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