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Stock MarketsRecord Saudi Utility Loss Fails to Interrupt Bond Rally
The biggest quarterly loss in at least 10 years is failing to thwart a record rally in Saudi Electricity Co. (SECO) bonds as investors bet on lasting government support.
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Housing and Real EstateHousing boom ‘unaffected’ by oil price plunge
Falling oil prices would not affect ongoing housing projects in the Kingdom or the loans for citizens provided by the Real Estate Development Fund (REDF) because allocations have already been budgeted for this spending, said Housing Minister Shuwaish Al-Dhuwaihi on Tuesday.
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War in Syria and IraqThe War Against the Islamic State: The Challenge of Civilian Casualties
But, and this is a critical but in modern warfare, the United States and its allies are fighting enemies that are doing everything they can to use civilians as cover, have learned from Afghanistan and previous fighting in Iraq how to minimize their exposure to U.S. intelligence assets, and are more than willing to move along with civilians, co-locate with them, and mimic civilian movement patterns to cover their own activities. The United States is also again fighting a movement in the Islamic State or Daesh which will do everything possible to exaggerate civilian casualties for propaganda purposes, claim its own casualties are civilians, and claim its own facilities are civilian facilities.
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AfghanistanTaliban ‘reject offer of Afghan government posts’
The Taliban have been offered posts in the new Afghan government but have turned them down, the BBC understands. The offer came from new President Ashraf Ghani in a bid to end the insurgency that threatens the recovery of the country.
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Assassination Plot TrialHow a plot to kill Saudi ambassador Adel Al-Jubeir goes from fiction to fact
The plot seemed absurd, at first.
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Global Oil MarketsBrent crude closes at lowest since May 2009
Oil surrendered early gains on Monday to close at a fresh five-and-half-year low on doubts that escalating violence in Libya would resolve a looming supply glut. The expanding seven-month civil conflict in Libya, an important Opec member, has caused traders to refocus attention on geopolitical risks and the potential impact on supplies and exports.
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TadawulSaudi stocks resume rise before budget; SABB rockets on bonus shares
Saudi Arabian stocks resumed rising ahead of the announcement of the kingdom's 2015 state budget, which is now expected to be released on Thursday and to show the government maintaining spending at high levels despite the plunge of oil prices.
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Pakistan and ViolenceThe Metrics of Terrorism and Instability in Pakistan
The report shows that the school attacks are part of a sharply rising overall pattern of terrorism in Pakistan that killed and severely wounded over 7,000 people in Pakistan in 2013, and made Pakistan rank second in the world in total terrorist attacks. It also shows that the Pakistani Taliban or TTP is only one of a mix of violent terrorist groups – although many attacks cannot be attributed to a given group and the Pakistani Taliban still ranked 5th in the world in violence in 2013.
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LaborSaudi campaign to drive out illegals to continue
“There is no justification for any foreigner to stay in the Kingdom in violation of the labor and residency rules. It is mandatory for all foreigners who want to live in this country to respect its rules and regulations,” he said.
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Iran NegotiationsIran says sees more steps ahead in nuclear talks
U.S. and Iranian diplomats began a two-day meeting in Geneva on Monday to pave the way for resuming broader negotiations involving Iran and six world powers there on Wednesday.
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