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Starting in 2026, the UAE will shift from a flat 50% excise tax on sugary drinks to a volume-based system linked to sugar content. This aims to promote healthier choices, reduce prices for low-sugar beverages, and encourage reformulation by manufacturers. The change reflects broader health and economic strategies.
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Israel and India have signed a bilateral investment agreement in New Delhi to boost economic cooperation, protect investors, and expand trade. The deal emphasizes collaboration in innovation, infrastructure, and digital services, amid growing geopolitical shifts and regional tensions. The agreement aims to deepen ties despite Israel's international isolation over Gaza.
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Recent data shows a sharp decline in shipments and exports amid US tariffs and economic shifts. US-bound Indian air cargo has fallen sharply after tariffs increased, while Japan's exports to the US declined in August, reflecting ongoing trade disruptions. These trends highlight the fragility of global supply chains as tariffs and policy changes reshape trade flows.
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Recent climate events have caused widespread displacement in Ethiopia, India, and Nepal. Floods, droughts, and river bursts have left communities stranded, with aid efforts hampered by funding cuts and political shifts. These stories highlight the urgent need for climate adaptation and resilient infrastructure.