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,...

At least 4 killed in Brazil kindergarten attack, assailant in police custody

 

Brazil

A man wielding a hatchet killed at least four young children Wednesday - three boys and a girl - in a kindergarten in the city of Blumenau in southern Brazil, local officials informed.

Firefighters said the 25-year-old assailant had jumped over a wall to enter the privately run creche and had apparently targeted the victims at random.

Another four children sustained injuries in the attack, with at least one of them reportedly in a severe condition.

The attacker is currently in police custody. In a statement, the military police said the man had surrendered at one of their stations in the town.

In total, roughly 40 children were inside the kindergarten at the time of the attack. Firefighters said the four kids killed in the incident were between five and seven years old.

A teacher at the Cantinho Bom Pastor nursery said it was "a scene that you'd never imagine you'd see in your life." Apart from the hatchet, the attacker was also carrying other weapons, she said, although she didn't elaborate on what those were.

As news of the deadly incident proliferated, parents rushed to the kindergarten. The teacher had managed to lock some children in one of the rooms in order to protect them, she told reporters gathered outside the creche.

While officials have suspended classes in the city until at least tomorrow, the governor of the state of Santa Catarina has declared three days of mourning.

Nevertheless, it isn't the first time that a kindergarten in the state has been attacked. A creche in the municipality of Saudades saw a deadly incident in 2021 when an 18-year-old man killed three toddlers and two staff members.

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