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Recent stories from sustg
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Oil Approaches Prices Not Seen Since Start of Pandemic as Optimism on Vaccines, U.S. Stimulus Drives Prices
- December 18,2020
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- SUSTG Team
Oil reached its highest close in almost 10 months as U.S. lawmakers worked toward finalizing a stimulus deal that may boost near-term demand ahead of a broad roll-out of the Covid-19 vaccine. Futures in New York were near $48.50, headed for a seventh weekly gain, Bloomberg reports.
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Saudi Arabia’s Economy Still Shrank in 3Q Despite Rebound Trend
- December 17,2020
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- SUSTG Team
Saudi Arabia’s economy shrank more slowly in the third quarter of this year as the government relaxed some measures put in place to curb the spread of the Coronavirus but the oil sector continued to weigh on the Kingdom’s overall economic outlook, according to reports.
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Saudi Arabia Registers Pfizer COVID-19 Vaccine for Import, Distribution in Kingdom
- December 10,2020
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- SUSTG Team
Health authorities in Saudi Arabia have registered the Pfizer-BioNTech COVID-19 vaccine for import and use in the country, state news agency SPA said on Thursday. Saudi Arabia’s Food and Drug Agency registered the vaccine. Procedures necessary for its import and use will begin, the statement said.
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Road to the G20: G20 Leader’s Summit Publication Released Ahead of Virtual 2020 Summit
- November 20,2020
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- SUSTG Team
Organizers of the G20 in Riyadh released the summit’s Annual Publication ahead of the G20 leadership summit, beginning tomorrow and taking place virtually due to the Coronavirus pandemic. Saudi Arabia as host has prioritized empowering people, safeguarding the planet and shaping new frontiers as themes for this year’s event, the first G20 to be chaired by a nation […]
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Rising Coronavirus Cases, Lockdowns Globally Will Hurt Oil Demand More than Previously Thought in 2021, OPEC Says
- November 11,2020
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- SUSTG Team
A global surge in Coronavirus cases and resulting lockdowns in late 2020 will cause oil demand to rebound more slowly in 2021 than previously thought, OPEC said on Wednesday. The surge in Coronavirus cases will hamper efforts by OPEC and its allies to support the market, Reuters reports.
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Road to the G20: B20, T20 Meetings Conclude Ahead of Main G20 Event
- November 2,2020
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- SUSTG Team
SUSTG is covering the events and meetings taking place in the run up to the G20 in November as part of our “Road to the G20” series of posts and featured items. Saudi Arabia just wrapped up the hosting of the B20 business-focused group, as well as the T20 meetings last week. The Business 20 […]
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Road to the G20: Two-Day Virtual B20 Begins Today
- October 26,2020
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- SUSTG Team
SUSTG is covering the events and meetings taking place in the run up to the G20 in November as part of our “Road to the G20” series of posts and featured items. This week, Saudi Arabia will host the B20 business-focused group, as well as the T20 meetings later this week.
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Strict Countermeasures Continue to Pay Off as Saudi Arabia’s Covid Deaths Hit New Lows
- October 23,2020
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- SUSTG Team
Strict rules and regulations in place and an elevated social awareness of the danger of the coronavirus continues to pay dividends in stopping the spread of the virus in Saudi Arabia, data confirms. Saudi Arabia on Friday recorded just 383 new coronavirus cases and 14 deaths, representing some of the lowest figures seen in the Kingdom since […]
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IMF Sees Contraction in 2021 for Middle East Economies, With Oil Prices in $40-$50 Range
- October 20,2020
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- SUSTG Team
The International Monetary Fund (IMF) downgraded its outlook for Middle East and Central Asian economic recovery, predicting a 4.1% contraction for the region as a whole, according to latest data released by the international organization.
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Saudi Aramco in Talks with BlackRock, Others for $10 Billion Pipeline Deal
- October 14,2020
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- SUSTG Team
Saudi Aramco is in talks with U.S.-based global investment management corporation BlackRock and other investors on a planned deal worth over $10 billion to sell a stake in its pipeline business, sources told Reuters, although the deal is still in early stages.
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MUST-READS
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IslamophobiaTrump’s Muslim ban call ‘endangers US security’
Without mentioning Mr Trump by name, Mr Cook said: "Anything that bolsters Isil's narrative and pits the United States against the Muslim faith is certainly not only contrary to our values but contrary to our national security."
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GCC SecurityGulf Summit on Regional Security Begins in Saudi Arabia
Royalty and officials from around the Gulf have arrived in Saudi Arabia to meet on regional security issues.
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EU SecurityFailure to stop Paris attacks reveals fatal flaws at heart of European security
To carry out the attacks that left 130 people dead in Paris this month, the killers relied on a cunning awareness of the weaknesses at the heart of the European security services charged with stopping them.
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DaeshObama Holds Security Talks as Hollande Urges Action Against Daesh
President Barack Obama is meeting with his national security team Wednesday for a briefing on homeland security two weeks after the deadly terror attacks in Paris and as millions of American travel for a national holiday.
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EU SecurityFrance, Belgium move to tighten security; FBI said to warn of threat in Italy
Responding to rising threats across Europe, France on Thursday sought to extend a sweeping state of emergency for three months, as Belgium proposed tough new measures to detain and monitor suspects who support jihadist groups.
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ClimateKerry Flags Security Threat From Climate Change
“I have made climate change a priority … not simply because climate change is a threat to the environment,” Kerry said. “Climate change is a threat to the security of the United States and indeed to the security and stability of countries everywhere.”
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JordanTwo Americans shot dead at Jordan security training facility: security source
Two American military personnel and one South African were killed when a Jordanian officer went on a shooting spree Monday at a U.S.-funded security training facility near Amman, Jordan's government spokesman said.
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PalestinePalestinians See Poor Prospects for Peace, Security
Ahead of the recent flare-up in violence that has prompted fears of a third Palestinian intifada, a majority of Palestinians continue to say they believe mostly in nonviolent forms of resistance and negotiation in achieving self-determination and security for their people.
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Information SecurityGartner Says Middle East & North Africa Information Security Spending to Reach US$1.1 Billion in 2015
Middle East and North Africa (MENA) spending on information security technology and services is on pace to reach US$1.1 billion in 2015, an increase of 3.3 percent over 2014, according to Gartner, Inc.
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ClimateHow Climate Change Is Threatening Iraq’s Fragile Security
Access to water has long been a driver of conflict and a tool of political coercion in the Middle East, and ISIS militants have been especially adept at exploiting the current chaos.
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