Daily headlines from the UAE and around the world brought to you by Gulf News. Hunt for Flight 370. Crimea referendum. Deal to refinance $20b. Floods on Northern Emirates. Indian Wells tennis. Premier League. See more at: http://gulfnews.com/gntv
Category
🗞
NewsTranscript
00:00Good day, welcome to the Gulf News Update for Monday March 17th. Here are the top stories
00:09at this hour.
00:10Russia's lower house of parliament will pass legislation allowing Ukraine's southern
00:14Crimea region to join Russia in the very near future, as deputy speaker said today. An overwhelming
00:2095.5% of voters on the mostly Russian-speaking peninsula chose to succeed from Ukraine, according
00:25to partial results from Sunday's referendum. There was sharp international condemnation
00:30of the vote, with the European Union terming the referendum illegal and illegitimate.
00:35The Abu Dhabi Department of Finance and the UAE Central Bank on Sunday signed separate
00:39agreements with Dubai government to refinance a total of $20 billion in loans and bonds.
00:44Dubai borrowed the money five years ago to help the government and its government-related
00:48entities to meet some of the debt obligations in the face of the global financial crisis.
00:53The refinancing comes ahead of its maturity this year.
00:56Friday night wreaked havoc in Khor Fakhan, with floodwaters entering residents' homes,
01:01reportedly killing livestock and inundating roads. Residents of Madafi locality said heavy
01:06rain lashed their area for only 20 minutes, but they expected recovery will take weeks
01:10in some cases. They reported property damage worth tens of thousands of dirhams.
01:15Australia has accepted a request from Malaysia to take charge of the southern vector of the
01:19search for the Flight 370. An investigation into the pilots of missing Malaysia Airlines'
01:24Boeing 777 intensified today after officials confirmed that the last word spoken from a
01:28cockpit came after a key signalling system was manually disabled.
01:32US intelligence efforts were also focusing on Captain Zaheeri Ahmad Shah and his first
01:37officer Farik Abdul Hamid, according to a senior US lawmaker.
01:42In sport, world number two Novak Djokovic rallied to beat Roger Federer in a three-set
01:46thriller for the Indian Wells ATP Masters title yesterday. Djokovic defeated Federer
01:513-6, 6-3, 7-6, 7-3 to capture his third title in the California desert.
01:57Arsenal coach Arsene Wenger has insisted that their one-nil win over Tottenham proves that
02:02they won't crack under the strain of the Premier League title race. Thomas Rizic's goal after
02:0672 seconds set up the win for the Gunners.
02:09And finally, the weather. Today's high across the UAE will be 24 degrees Celsius, dropping
02:13to 18 degrees at night.