US President Joe Biden and first lady Jill Biden visit a Covid-19 vaccination facility at NRG Stadium in Houston, Texas. AFP
US President Joe Biden and first lady Jill Biden visit a Covid-19 vaccination facility at NRG Stadium in Houston, Texas. AFP
A police officer holds up a stop sign as a car approaches in an almost-deserted street in Jordan's capital Amman, during a coronavirus lockdown. AFP
A police officer holds up a stop sign as a car approaches in an almost-deserted street in Jordan's capital Amman, during a coronavirus lockdown. AFP
A girl who is infected with Covid-19 receives oxygen in a quarantine ward at a hospital in the holy city of Najaf, Iraq. Reuters
A girl who is infected with Covid-19 receives oxygen in a quarantine ward at a hospital in the holy city of Najaf, Iraq. Reuters
A medical worker measures the temperature of travellers, using a thermal camera, at the arrival hall of Tindouf Airport, in south-west Algeria. AFP
A medical worker measures the temperature of travellers, using a thermal camera, at the arrival hall of Tindouf Airport, in south-west Algeria. AFP
A municipal worker disinfects a classroom before pupils return to school, in Cankaya district, in Turkey's capital Ankara. AFP
A municipal worker disinfects a classroom before pupils return to school, in Cankaya district, in Turkey's capital Ankara. AFP
An airport worker puts Covax labels on Oxford-AstraZeneca Covid-19 vaccines being unloaded at Felix Houphouet Boigny Airport, Abidjan, Ivory Coast. The country has received 504,000 doses from Covax, which provides inoculations for poorer countries. AFP
An airport worker puts Covax labels on Oxford-AstraZeneca Covid-19 vaccines being unloaded at Felix Houphouet Boigny Airport, Abidjan, Ivory Coast. The country has received 504,000 doses from Covax, which provides inoculations for poorer countries. AFP
Women wearing flamenco dresses protest in Seville, Spain, to highlight the difficulties the flamenco fashion sector is facing over coronavirus restrictions. AFP
Women wearing flamenco dresses protest in Seville, Spain, to highlight the difficulties the flamenco fashion sector is facing over coronavirus restrictions. AFP
A health worker administers a Covid-19 vaccine to a resident at Solar das Acacias nursing home, in Guarulhos, near Sao Paulo, Brazil. Reuters
A health worker administers a Covid-19 vaccine to a resident at Solar das Acacias nursing home, in Guarulhos, near Sao Paulo, Brazil. Reuters
Buddhists pray as screens show devotees gathering via Zoom for a ceremony to commemorate Makha Bucha Day at the Wat Phra Dhammakaya temple, following the spread of Covid-19, in Pathum Thani province, Thailand. Reuters
Buddhists pray as screens show devotees gathering via Zoom for a ceremony to commemorate Makha Bucha Day at the Wat Phra Dhammakaya temple, following the spread of Covid-19, in Pathum Thani province, Thailand. Reuters
Steam rises from a vent outside the US Capitol on the day the House of Representatives is expected to vote on legislation to provide $1.9 trillion in new coronavirus relief in Washington, US. Reuters
Steam rises from a vent outside the US Capitol on the day the House of Representatives is expected to vote on legislation to provide $1.9 trillion in new coronavirus relief in Washington, US. Reuters

World

Coronavirus latest: Abu Dhabi to introduce saliva tests for children aged between 4 and 12

Testing will help schools return to normal, says a top UAE official

The National

March 01, 2021

  • English
  • Arabic

Top stories 

Crazy Rich Asians

Director: Jon M Chu

Starring: Constance Wu, Henry Golding, Michelle Yeon, Gemma Chan

Four stars

UAE currency: the story behind the money in your pockets
FIXTURES

Thu Mar 15 – West Indies v Afghanistan, UAE v Scotland
Fri Mar 16 – Ireland v Zimbabwe
Sun Mar 18 – Ireland v Scotland
Mon Mar 19 – West Indies v Zimbabwe
Tue Mar 20 – UAE v Afghanistan
Wed Mar 21 – West Indies v Scotland
Thu Mar 22 – UAE v Zimbabwe
Fri Mar 23 – Ireland v Afghanistan

The top two teams qualify for the World Cup

Classification matches
The top-placed side out of Papua New Guinea, Hong Kong or Nepal will be granted one-day international status. UAE and Scotland have already won ODI status, having qualified for the Super Six.

Thu Mar 15 – Netherlands v Hong Kong, PNG v Nepal
Sat Mar 17 – 7th-8th place playoff, 9th-10th place playoff

COMPANY%20PROFILE%20
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While you're here

 


 

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
The currency conundrum

Russ Mould, investment director at online trading platform AJ Bell, says almost every major currency has challenges right now. “The US has a huge budget deficit, the euro faces political friction and poor growth, sterling is bogged down by Brexit, China’s renminbi is hit by debt fears while slowing Chinese growth is hurting commodity exporters like Australia and Canada.”

Most countries now actively want a weak currency to make their exports more competitive. “China seems happy to let the renminbi drift lower, the Swiss are still running quantitative easing at full tilt and central bankers everywhere are actively talking down their currencies or offering only limited support," says Mr Mould.

This is a race to the bottom, and everybody wants to be a winner.

Coronavirus