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Oil price fall will hit fiscal income but KSA economy to stay strong: Al-Assaf
Saudi Arabia will continue to show strong economic growth this year despite the fall in oil prices, said Finance Minister Ibrahim Al-Assaf on Sunday. He attributed his prediction to the huge government expenditures on major infrastructure projects across the country.
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Here’s What ISIS Recruits Ask Before Joining Up for Jihad
Life inside the world’s most notorious terror organization isn’t all murder and mayhem. Veteran members of Islamic State are using a social-networking website to answer more mundane questions from aspiring militants, who want answers on such prosaic issues as what to wear, how cold it gets, if they have to buy their own weapons, whether there’s wi-fi, and whether they have to clean up after themselves.
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2015 global oil balance loosens considerably in latest Short-Term Energy Outlook
EIA’s recently released November Short-Term Energy Outlook (STEO) projects that Brent crude prices will average $83/barrel in 2015, $18/barrel lower than last month’s outlook for 2015. STEO projects prices to remain in the $80 to $90 per barrel range next year, bottoming out under $82/barrel in the second quarter when balances are loosest and then increasing during the second half of 2015 to average $86/barrel in the fourth quarter.
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Obama’s Deadly Informants: The Drone Spotters of Pakistan
There is a saying in North Waziristan: The people there are stuck “between drones in the sky, and daggers on the earth.”
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Sources: Obama seeks new Syria strategy
President Barack Obama has asked his national security team for another review of the U.S. policy toward Syria after realizing that ISIS may not be defeated without a political transition in Syria and the removal of President Bashar al-Assad, senior U.S. officials and diplomats tell CNN. The review is a tacit admission that the initial strategy of trying to confront ISIS first in Iraq and then take the group's fighters on in Syria, without also focusing on the removal of al-Assad, was a miscalculation.
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Incredible pics capture symmetry of Iran’s mosques
It's a side of Iran the rest of the world doesn't normally get to see -- the kaleidoscopically brilliant interiors of the country's intricately designed mosques. With beautiful mosaics and stained glass framed by powerful architecture, the buildings are astounding.
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Abu Dhabi to hike power and water tariffs from January 1
Earlier this month, an International Monetary Fund (IMF) official said that Abu Dhabi was looking to reform its system of subsidies for power and water to curb lavish use among residents. “We discussed it here at the policy level, particularly with the Abu Dhabi government, which indicated they are now looking at ways to streamline their subsidy policies and put in place something different, something better targeted,” said Harald Finger, the IMF’s head of mission for the UAE told Reuters. “This is particularly the case of the electricity and water subsidies.”
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Saudi Arabia to double natgas output by 2030, no exports planned
"Saudi Arabia currently has no plans to export its gas or get into the (liquefied natural gas) business," he said.
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Experts: No 3rd intifada yet, but little hope either
Recent incidents have stirred fears in Israel of a return to 2002, then in the midst of a second intifada, or armed uprising, when the Israeli government reported 452 people died in suicide bombings and other attacks. On Monday alone, an Israeli soldier was stabbed to death on a Tel Aviv street while three Israelis were stabbed -- one fatally -- at the same West Bank hitchhiking post where three Israeli teens were kidnapped earlier this year. This comes after several incidents in which drivers ran into crowds on busy streets.
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Turkey’s border security problem
A senior security official in Ankara who has dealt with border security both in the field and at headquarters summarizes the situation: “In Turkey, the military gives priority only to the security of the border strip to a width of up to 600 meters, as it has no legislative authority in border areas outside the border strip and customs gates. The Ministry of Customs is tasked with dealing with exports and imports. Border crossing security is its secondary mission. Police are responsible for law and order in cities, and their presence at the border crossings is a secondary function. In short, while in Europe borders are supervised by a single body, we do exactly the opposite. If you study how the Reyhanli bombing attack in 2014 was carried out, you will see that the Turkish security bureaucracy has miserably failed on border security.”
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