Israel, U.A.E. Pursue Economic Ties in Wake of U.S.-Brokered Breakthrough

ABU DHABI—Israel and the United Arab Emirates agreed to endorse bilateral trade and small business exercise as they shift to normalize ties, but pushed discussion above the thorny problem of the sale of sophisticated U.S. armed forces components to the Emiratis to a later stage.

A delegation of top Israeli and American officers was in the U.A.E. capital for a two-working day go to to talk about parts of collaboration just after a historic U.S.-brokered diplomatic breakthrough among the two nations around the world very last month.

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Germany Expects V-Shaped Economic Rebound From Coronavirus

FRANKFURT—Germany’s financial system is recovering faster than was expected a couple months ago, served by a moderate and brief coronavirus lockdown, a big-scale fiscal stimulus and Berlin’s shut trade hyperlinks with China, according to new govt forecasts. The country’s gross domestic product or service need to contract by five.eight% this […]