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Senate Confirms Carter as Defense Secretary
After a weeks-long delay while he recovered from back surgery, Carter's nomination sailed through the upper chamber with a final tally of 93-5. He testified for around five hours on Feb. 4 before the Senate Armed Services Committee (SASC) submitted additional answers to the panel on Monday, and it voted unanimously Tuesday to send his nomination to the floor.
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Islamic State advances near Iraq base where U.S. advisers are stationed
Anbar’s provincial council called for “immediate and urgent military reinforcements” after the attack on the town of al-Baghdadi, which began in the early morning. Ayn al-Asad air base — where some 320 U.S. personnel have been training Iraqi troops and tribal fighters — lies five miles west of the town.
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Al-Qaeda fighters overrun Yemeni military base, exploiting turmoil
In New York, U.N. Secretary General Ban Ki-moon warned during a briefing with the Security Council that Yemen was descending into chaos. “Yemen is collapsing before our eyes. We cannot stand by and watch,” he said, adding that the country must be pulled back “from the brink.”
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Defense minister makes key appointment
Defense Minister Prince Mohammed bin Salman has appointed Samir Al-Tabib, hitherto vice president of Saudi Aramco for engineering affairs, as director of the project management office for the ministry’s development.
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Taliban hit Shiite mosque in Pakistan, killing 19
Militants stormed a Shiite mosque in northwestern Pakistan on Friday, killing 19 people in a wave of shooting and explosions before the siege ended, officials said. The attack in the city of Peshawar also wounded more than 40 people, according to Provincial Information Minister Mushtaq Ghani. There was intense shooting in the immediate aftermath of the explosion he said, but the violence was now over.
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As the U.S. mission winds down, Afghan insurgency grows more complex
As the United States reshapes its military footprint in Afghanistan, the Taliban is transforming into a patchwork of forces with often conflicting ideals and motivations, looking less like the ultra-religious movement it started out as in the mid-1990s. The fragmentation may suggest the movement is weakening, but it is forcing Afghanistan’s government to confront an insurgency that is becoming increasingly diverse, scattered — and more lethal.
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In Syria, the Enemy of an Enemy Is Still an Enemy
Joshua Landis, the director of the Center for Middle East Studies at the University of Oklahoma, said that early hopes that the rise of the Islamic State could bring the moderate opposition together with regime elements have largely been dashed. That hope, he said, was “founded on the misconception built into all our peace-making efforts: That we can get an interim regime that is based on a political solution. It’s not going to happen. Assad has made it very clear he is perfectly happy to rule over a smaller part of Syria than to make any compromises. He has a system in place that works for him.”
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US firm wins $166m deal to revamp Saudi airbase
US-based Gilbane Federal has announced that it has been awarded a $166 million design-build construction project at King Khalid Airbase for the Royal Saudi Air Force by the US Department of Defence.
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Second-tier stocks boost Saudi, other markets narrowly mixed
Second-tier stocks boosted Saudi Arabia's bourse on Thursday as oil prices rebounded from an overnight tumble, but other Gulf markets were narrowly mixed. Egypt's stock index fell but ended well off its lows.
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Saudi Arabia budget insulated from effects of lower oil prices
Saudi Arabia is the largest exporter of crude oil and other petroleum liquids in the world, and their oil exports accounted for 89% of the country's total revenue in 2014. The recent decline in global oil prices is decreasing the value of these exports, leading to a potential budget shortfall. In its 2015 budget, Saudi Arabia plans to spend about $230 billion but expects to take in $190.7 billion in revenue, resulting in an overall deficit of $38.6 billion. While the oil price assumption was not specified in Saudi Arabia's budget, the budget was crafted in December 2014, when crude oil prices were between $55 and $70 dollars per barrel.
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