Daily headlines from the UAE and around the world brought to you by Gulf News. Merkel calls for fresh elections in Germany, Mugabe faces impeachment by parliment, Bitcoin hits yet another milestone as Iit hurtles past $8000, Padukone pulls out of Global Entrepreneurship Summit. See more at: http://gulfnews.com/gntv
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00:00Good day. Welcome to the Gulf News update for Tuesday, November 21. Here are the top
00:06stories at this hour.
00:08German Chancellor Angela Merkel said she was ready to face voters again to break the country's
00:13political stalemate. Days after coalition talk collapsed, Merkel said she intends to
00:18serve her fourth term and prefers new elections to governing Europe's biggest economy without
00:23a majority.
00:25German President Frank-Walter Steinmeier will start sounding out political parties today
00:29to see if he can cajole them into an alliance with Merkel.
00:34Zimbabwe's ruling party is set to begin impeachment proceedings against longtime President Robert
00:39Mugabe today. A party official said government ministers have been instructed to boycott
00:44a cabinet meeting called by the president.
00:48Bitcoin's relentless rally shows no sign of abating, with the world's largest cryptocurrency
00:52defying growing bubble fears to hit yet another milestone.
00:56Bitcoin rose 4.5% to $8,045.45 in London on Monday, after climbing as much as 5.2%
01:05during Asian hours.
01:07Bollywood actress Deepika Padukone has pulled out of the Global Entrepreneurship Summit,
01:11which features US President Donald Trump's daughter Ivanka and Prime Minister Narendra
01:16Modi. The actress was expected to speak at a session on Hollywood to Nollywood to Bollywood,
01:21with a path to movie-making on November 29.
01:23Deepika's move comes amid a raging row over Padmavati, which was scheduled to be released
01:29on December 1. Some right-wing groups have threatened to behead the actress and director
01:34Sanjay Leela Bhansali.
01:36And finally, the weather. Today's high across the UAE will be 29 degrees Celsius, dropping
01:40to 21 degrees at night.
01:42That's all for now. Thanks for watching. As always, you can get the latest news on
01:46gulfnews.com
01:51by following the link in the description.