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Saudi Arabia Officials Divided on How to Respond to Oilprice Drop
During past sharp oil price moves, traders watched for statements from high-level Saudi officials that might calm the markets--Saudi Arabia is by far the biggest oil producer within the Organization of the Petroleum Exporting Countries, pumping some 10 million barrels of crude a day. The 79-year-old Mr. al-Naimi, oil minister since 1995, is usually the kingdom's key spokesman. But this time there's been no clear sign Saudi Arabia might play its traditional role as the oil market's swing producer, by cutting its output to support prices as a counter to booming oil production from North America and sluggish global demand.
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Saudi generosity in donations should be utilized to spread our ‘soft power’
Despite the fact that Saudi financial aid has greatly impacted those less fortunate around the world and assisted the international community to combat terrorism, these initiatives only managed to garner limited international recognition and therefore limited effectiveness in terms of raising the country’s global profile.
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When Saudi Arabia Ruled the World
The archeological discoveries in the last decade have radically changed our ideas about the Arabian Peninsula and show what an important cultural crossroads it was during the first millennium, says Dany Chan, the assistant curator for exhibition projects at the Asian Art Museum. The exhibition explores four thematic roads, the first of which is the routes of our earliest ancestors. Because of the artifacts found in archeological digs, including stone tools, some scholars think the early humans out of Africa migrated through what is now Saudi Arabia.
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Sweden recognizes Palestine: Biggest country in Western Europe to do so
Sweden's foreign minister published a piece about the decision today in the Swedish publication Dagens Nyheter. Sweden's goals, she says, are to support moderate Palestinians within Palestine, give leverage to the country in its negotiations with Israel, and give "hope and belief" to Palestinian youth that it will be possible to attain an ultimately satisfactory agreement with Israel without the use of violence.
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The Capabilities of the Afghan Military Are Suddenly a Secret
For years, American taxpayers have been able to chart how well the Afghanistan security forces they’re funding are faring, because “capability assessments” detailing their progress have been routinely released. MORE Hagel Orders 21-Day Ebola Quarantine for Returning U.S. Troops What the Failure of ISIS to Take Kobani Means Apple CEO Tim Cook: 'I'm Proud to Be Gay' NBC News Brrrrr-ace Yourself: Arctic Blast Set to Chill Millions NBC News Did Race Play a Role in Sayreville Hazing Case? NBC News Not anymore. POPULAR AMONG SUBSCRIBERS The War on Teacher Tenure Subscribe 12 Answers to Ebola’s Hard Questions Why Kobani Matters As the U.S. military prepares to withdraw most of its 34,000 troops still in Afghanistan by the end of this year, the American-led command there has suddenly made such information secret.
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Saudi Arabia’s Petro Rabigh Said to Seek $8 Billion Funding
A joint venture of Saudi Arabian Oil Co. and Sumitomo Chemical Co. (4005) is seeking about $8 billion of loans to fund expansion, two people familiar with the plan said.
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Gulf Arab states saw $780 mln in fund outflows due to Fed taper-IMF
Capital outflows from Gulf Arab states have totalled only about $780 million since the U.S. Federal Reserve unveiled its plan to wind down asset purchases in May last year, a small fraction of the money leaving other emerging markets, according to a study by the International Monetary Fund. The IMF study, published on Monday, appears to confirm that because of their large current account and state budget surpluses, the Gulf oil exporters are seen by international investors as better equipped to handle a period of rising interest rates than most areas of the world.
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Opinion: Stop these preachers of hate!
Sadly over the past 25 years extremism in all its ugly forms has spread in every strata of society. These self-appointed guardians of religion have become a “state within a state”. They have infiltrated all professions and many of us have tolerated them thinking it was a passing phase that posed no serious harm. Today, we are paying a serious price for having neglected to address what was clearly a recipe for disaster. We have allowed these agents of obscurantism and perverted ideology to spread like cancer. We cannot continue to be passive bystanders any longer. We should speak louder with our own narrative. They have hijacked our religion and preyed upon the minds of our innocent youth.
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Meet America’s newest allies: Syria’s Kurdish minority
But as much of the rest of Syria ripped itself apart in a vicious civil war, Syria's Kurdish minority spent three years quietly building a series of mini-states in the north of the country. They refer to these three enclaves as Rojava. Until recently, some outside observers saw them as something of a success.
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Masked men burn 2 Saudi Arabia consulate cars in Egypt
Masked men set fire to two cars belonging to the consulate of Saudi Arabia in the Egyptian city of Suez on Friday morning, local security sources and the state news agency reported.
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