Brent crude futures fell by 41 cents, or 0.56%, to $72.47 a barrel by 0420 GMT. U.S. West Texas Intermediate crude futures fell 39 cents, or 0.56%, to $68.99 per barrel. Chinese state-owned refiner Sinopec said in its annual energy outlook, released on Thursday, that China’s crude imports could peak as soon as 2025 and […]
The vote laid bare fault lines in Trump’s Republican Party that could surface again next year when they control the White House and both chambers of Congress. Trump had pressured lawmakers to tie up loose ends before he took office on January 20, but members of the party’s right flank refused to support a package […]
The lawsuit accuses the State Department of discriminating against Americans of Palestinian origin by abandoning them in a war zone and not making the same effort that it would to promptly evacuate and protect Americans of different origins in similar situations. It was the second case against the U.S. government this week after Palestinian families […]
“This policy, inflicted as part of a mass killing of Palestinian civilians in Gaza, means Israeli authorities have committed the crime against humanity of extermination, which is ongoing. This policy also amounts to an ‘act of genocide’ under the Genocide Convention of 1948,” Human Rights Watch said in its report. Israel has repeatedly rejected any […]
The shock news sent the local dollar to a fresh two-year low of $0.5614, having already shed 2.2% in the wake of a hawkish easing from the U.S. Federal Reserve. Markets added to wagers the Reserve Bank of New Zealand would slice rates further, having already cut by 125 basis points to 4.25%. Swaps now […]
When asked at his annual press conference what he was going to offer to Trump, Putin said that he didn’t know when the two of them would meet. In a question about Russia’s war in Ukraine – or as the Kremlin calls it, a “special military operation” – where the president is asked if “victory […]
Trump pressured his fellow Republicans in Congress to reject a stopgap bill to keep the government funded past the deadline of midnight on Friday. Absent congressional action, the U.S. government will begin a partial shutdown on Saturday that would disrupt everything from air travel to law enforcement in the days leading up to the Dec. […]
The Blue Line is expected to serve nearly 200,000 passengers daily by 2030, rising to 320,000 passengers daily by 2040. Mattar Al Tayer, Director General, Chairman of the Board of Executive Directors of Dubai’s Roads and Transport Authority (RTA) announced the launch of the Dubai Metro Blue Line project during a press conference held at […]
The progress in addressing labor-market challenges is in line with ongoing efforts to achieve the goals of Saudi Vision 2030, which center on improving workforce requalification, developing national competencies, and lowering unemployment rates. The GLMC report, which was prepared with the participation of 14,000 people from 14 countries worldwide, solidifies the Kingdom’s position as a […]
Seven were killed in a strike on the port of Salif and the rest in two strikes on the Ras Issa oil facility, said Al Masirah, both located in the western province of Hodeidah. The strikes also targeted two central power stations south and north of the capital, Sanaa, it added. In a statement, Israel’s […]
