Wednesday 24 April 2024
 
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alarming

$3 trillion debt sparks alarm in China

Calls for China to accelerate financial reforms grew louder yesterday after figures showed its indebted local governments owe nearly $3 trillion in a debt build-up that some analysts called alarming. The National Audit Office, Chi

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One in 5 hit by diabetes in the UAE

Around 800,000 people in the UAE (about 19.2 per cent of the population) are suffering from diabetes, according to a startling report released by International Diabetes Federation (IDF). On top of the alarming prevalence rates, an addition

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