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In their latest oil note, Goldman Sachs describe the oil market as having a “dominant firm/competitive fringe” structure, in contrast to say a monopolistic or perfect competition structure.
President Ghani was welcomed to Riyadh by Saudi Arabia’s Crown Prince Salman Bin Abdulaziz, who also serves as deputy prime minister and minister of defense. According to the Saudi Press Agency (SPA), the two men discussed “prospects for cooperation between the two brotherly countries, ways of enhancing them in all fields, and the latest developments at regional and international arenas.”
The students were deported for violating immigration rules, marriage conflicts, forgery, depression and ethical issues, Mohammed Al Issa told Saudi daily Al-Hayat.
The Cabinet’s decision will “stop the flow of all Syrian refugees except those with an exceptional humanitarian case,” Joreige said. Also, the UN refugee agency will need an approval from the Ministry of Social Affairs before registering any Syrian national as a refugee. The minister also said the government would encourage "refugees to return home or to go to any other country by all possible means.” The plan also calls for dropping the refugee status of anyone who set foot on Syrian territory.
Chlorine bombs are an easy-to-create but inexact weapon, experts say. All that is needed is a small explosive charge to rupture containers filled with the substance. “It’s difficult to deliver on target in combat situations,” said Jean Pascal Zanders, an independent researcher who specializes in chemical and biological weapons and disarmament. “Chlorine dissipates fast unless someone is able to concentrate it in a confined area.” Fighters in Duluiyah say it was not the only time chlorine has been used against them. Another attack this month caused minor injuries, and the fighters were treated locally, police officials said.
Several dozen tons of cement bags stored in a warehouse are one of the few tangible achievements so far of a $2.7 billion plan to rebuild war-wrecked Gaza Strip. The program was launched with high expectations at an international conference in Cairo on Oct. 12, but has run into obstacles, including wrangling between the rival Palestinian factions Hamas and Fatah for control in Gaza and what officials say has been a trickle of promised aid.
Ruchir Sharma, the head of Morgan Stanley's emerging markets investments, points out that over the last decade, Chinese oil demand had been increasing on average 7 percent every year. Until now. The Chinese juggernaut's seemingly insatiable appetite for commodities like oil has screeched to a halt. Growth in Chinese demand for oil is currently running at about zero. This comes as a huge surprise. China accounted for about 50 percent of the increase in oil demand over the past 10 years, Sharma points out.
Thousands of Iranians took to the streets of the historic city of Isfahan on Wednesday to protest several acid attacks on women. The attacks had coincided with the passage of a law designed to protect those who correct people deemed to be acting in an “un-Islamic” way.
A Saudi court has sentenced 17 people, four of them women, to prison terms of up to 30 years in two separate cases, one of which involving an al Qaeda plot to attack U.S. soldiers in Qatar and Kuwait, the state news agency SPA said.
Mobily is the leading mobile carrier in Saudi Arabia, and it has more than 200 million mobile subscribers. Mobily will call its store PlayZone, and it will make it available in the Middle East and North Africa, starting with Saudi Arabia and the United Arab Emirates. More countries will roll out in the future.