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As tensions in the country have been growing, analysts said, the revocations have raised concerns that Kuwait is also taking cues from some of its more repressive neighbors in the region, including some that have won praise from the United States for joining the military campaign against the Islamic State.
Yasref, as the joint-venture refinery is known, will produce low-sulfur diesel for export and have the fuel available for sale next year, the people said. The lower the sulfur content in diesel, the cleaner it is as a transport fuel. Yasref’s diesel will meet European specifications, the people said. Yasref media officials were unable to comment immediately by phone today.
Wiping out ‘IS’ is just one step towards a more general and comprehensive goal: an end to the bloodshed in Syria; an inclusive, independent, non-sectarian government in Iraq and a just settlement for the Palestinian people whose desperate plight remains at the centre of Saudi foreign policy. Peace, a just peace for the Palestinians is the only way forward.
There is great concern among U.S. officials about potential attacks against American personnel and facilities in the Middle East. In recent months, the Pentagon has deployed hundreds of extra troops to Iraq to guard against possible terrorist attacks against the U.S. embassy in Baghdad and other critical facilities. The American embassy in Yemen is also under threat from militants.
Bullishness towards Saudi Arabia peaked in the July survey, days after the stock market regulator announced it would open the market to direct foreign investment early next year. Since then, sentiment towards the market has been declining, partly because sharp gains in stock prices have left many of them looking fully valued for now. The main index is up 10 percent since the announcement but has pulled back from its peaks in the past week.
US crude oil production in August was still lower than either Saudi Arabia’s, at about 9.7m b/d, or Russia’s at 10.1m b/d. The overall US leadership in petroleum is accounted for by its higher production of natural gas liquids such as ethane and propane, which have a lower energy content and are often used as feedstocks for the petrochemical industry rather than for fuel. Still, on current trends the US could catch up with Saudi Arabia and Russia on crude production alone by the end of the decade.
“We found that as Iran intervened or was perceived to intervene in Syria and elsewhere [in 2012 and 2013], hostilities toward Iran on Twitter from Arab users increased,” Robert Keohane, a Princeton professor of international affairs and a co-author of the paper, told Quartz. “This, I think, was yet more evidence that it doesn’t matter if it’s Shiite Iran or the US or another power in the future—the non-Arab military interventionist power in the region is a target for this sentiment.”
Only 9 percent of high school graduates have taken up technical and vocational programs in the kingdom compared with 41 percent in OECD member countries and 37 percent in Turkey. The global average of students who join technical and vocational colleges is 40 percent.
There was a time when headlines about jets bombing Middle Eastern refineries would have sent oil prices soaring. Granted, Islamic State's facilities aren't exactly world class. But it is telling that such violence is doing little to lift the price of crude. Brent is down 13% this year and looks set to post its weakest yearly average price since 2010, before the Arab Spring really got going.
The assassination and intimidation campaign waged by Islamist militants, as well as the cronyism practiced by the former Iraqi prime minister, have led to an erosion of confidence, says the retired general who took command of the training effort for Iraqi security forces in 2007.
