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Game Change: U.S. Oil Revolution Has Torn Up the Rule Book
In its annual five-year oil market outlook, the IEA, which is the energy agency of the Organization for Economic Cooperation and Development (OECD), said that the rise of the United States as a heavyweight crude producer, OPEC’s abdication of its historical role as the arbiter of world oil supply, and sluggish oil demand growth worldwide will have big implications for oil producing and consuming countries alike.
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What a New $35 Million Agency Is Expected To Do for US Cyber Defense – Defense One
The center represents the latest step in a broader push by the White House to better protect national security and corporate interests from malicious hackers, a concern that metastasized following the Sony Pictures hack last Thanksgiving. It was formally announced by Lisa Monaco, assistant to the president for homeland security and counterterrorism, at an event at the Wilson Center in Washington on Tuesday afternoon.
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Death of IS recruiter complicates effort to close Guantanamo
Rauf, who was killed along with seven others in a U.S. drone strike on Monday, and detainees like him who have returned to the battlefield are complicating President Barack Obama's hopes of closing the detention center for terrorism suspects on the U.S. Navy base in Cuba. The administration says the prison is costly, damages America's relationship with key allies and provides extremists a propaganda tool to woo recruits.
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Embassies in Yemen close as thousands protests against militia rule
The United States, Britain and France closed their embassies in Yemen over security fears as the takeover of the country by a Shi'ite Muslim militia group threatened all-out civil war. Tens of thousands of demonstrators took to the streets of the central city of Taiz on Wednesday and hundreds more in the capital Sanaa in the largest protests yet against the Houthi movement, which overran Sanaa in September and formally took power last week.
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Egypt leader calls Gulf rulers after purported leaked tape
Egypt's President Abdel-Fattah el-Sissi has made series of calls to Arab Gulf leaders after audio recordings surfaced in which he and a top aide purportedly mock them and discuss milking them for money.
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Donation to CU Denver expands Saudi Arabia-Colorado exchange program
A University of Colorado Denver program that sends architectural and engineering students to study in Saudi Arabia will expand after receiving a $2 million donation.
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Shuaa Capital unit eyes Saudi leasing market with new licence
The licence will allow the firm to address a funding gap for small businesses and help to finance cross-border deals between Saudi Arabia and the United Arab Emirates, Shuaa Capital said in a statement on Tuesday.
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U.N. chief hails Saudi Arabia as ‘very important partner’
U.N. Secretary General Ban Ki-moon has praised Saudi Arabia as a “very important partner” in peace building, security and humanitarian work.
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SAMA predicts stable inflation in Q1 in Saudi Arabia
The general level of prices is expected to be relatively stable in Saudi Arabia during the first quarter of 2015, according to Saudi Arabian Monetary Agency (SAMA).
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Oil, dividends weigh on Saudi Arabia; Egypt also slips
Weak oil prices and disappointing dividends dragged down Saudi Arabia's stock market in early trade on Wednesday while Egypt edged down in a broad pull-back.
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