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News
Kuwaiti, Saudi navy commanders hold coordination meet
16+ hour, 44+ min ago (114+ words) Kuwait Times Kuwaiti, Saudi navy commanders hold coordination meet RIYADH: The third coordination meeting between Commander of the Kuwaiti Naval Force Maj Gen Saif Al-Hamlan and Commander of the Eastern Fleet of the Royal Saudi Naval Forces Maj Gen Mansour…...
???This is the test???: All eyes on US Fed to tackle high inflation
21+ hour, 13+ min ago (580+ words) WASHINGTON: The US Federal Reserve goes into a key rate-setting meeting this week with markets expecting policymakers to pull the trigger on a rate hike to tackle persistently high inflation—and analysts say central bank chief Kevin Warsh’s credibility is…...
BRICS urges restraint in Middle East as summit ends
1+ day, 2+ hour ago (361+ words) NEW DELHI: BRICS leaders closed a two-day summit in New Delhi on Sunday with a call for economic cooperation, a day after issuing a rare joint statement urging restraint over the war in the Middle East. The statement was the…...
Iran, Gulf countries to discuss Hormuz
1+ day, 16+ hour ago (230+ words) Kuwait Times Iran, Gulf countries to discuss Hormuz TEHRAN: Iran’s foreign ministry said the country would meet with Gulf states in Oman on Monday to discuss the strategic Strait of Hormuz, which the Islamic republic has blockaded during the Middle…...
Saudis shut down oil pipeline
1+ day, 16+ hour ago (649+ words) Kuwait Times Saudis shut down oil pipeline ADEN: Saudi Arabia has shut down its East-West pipeline after the vital oil conduit came under aerial attack in the widening Middle East war, threatening to send energy prices even higher. The world’s…...
Egyptians budget for bread after mass food aid cuts
1+ day, 19+ hour ago (735+ words) Kuwait Times Egyptians budget for bread after mass food aid cuts CAIRO: Standing outside a bakery in Cairo’s working-class El-Marg district, Eman Abdel Fattah thumbed a handful of crumpled banknotes, calculating how much bread she could afford after her family’s…...
ECB raises interest rates to fight off inflation jump
3+ day, 19+ hour ago (434+ words) Kuwait Times ECB raises interest rates to fight off inflation jump FRANKFURT: The European Central Bank raised interest rates for the second time this year in a widely flagged move on Thursday, hoping to tame an inflation rise driven entirely…...
Oil prices flare as Iran tightens grip on Hormuz
3+ day, 21+ hour ago (538+ words) kuwaittimes.com Oil prices flare as Iran tightens grip on Hormuz TEHRAN: Oil prices hovered above $100 a barrel on Thursday, a day after Iran said it attacked more than a dozen vessels trying to pass through the Strait of Hormuz....
Trump promises $5,000 payout if Republicans hold Congress
4+ day, 8+ hour ago (291+ words) The president did not say where the money would come from, saying only that "our country is making so much money". AFP estimated the theoretical bill would likely top $1 trillion. Doubling down on his bet that he can help Republicans…...
Oil above $100 drags stocks down across Asia
4+ day, 8+ hour ago (407+ words) HONG KONG: Asian stocks fell on Thursday as oil prices extended gains a day after breaking the psychological $100 barrier on the back of resurgent Middle East hostilities that have fanned inflation fears. With the United States and Iran exchanging strikes…...