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They say Emirati sovereign wealth funds invested $374 million in Barrack's private equity firm Colony Capital, now known as DigitalBridge Group Inc (DBRG.N), in 2017 and 2018. Barrack's defense has argued his close relationship with Qatar shows he was not an Emirati agent. To prove Barrack was a UAE agent, prosecutors must prove he agreed to act under the Middle Eastern country's direction or control. In a post on his Truth Social platform on Sunday night, Trump said he did not believe Barrack was a UAE agent, and that Barrack never spoke to him about speeches or "what to say on this subject." "Tom Barrack is a highly respected businessman whose DREAM was to see PEACE IN THE MIDDLE EAST, a very good and noble thing," Trump wrote.

☆ Rep. Dina Titus, six-term Democratic congresswoman, faces off against Republican Mark Robertson in Nevada's 1st Congressional District election
▼ + stars: | 2022-10-21 | by ( Hanna Kang | ) www.businessinsider.com time to read: +4 min

Rep. Dina Titus is running against Republican Mark Robertson in Nevada's 1st Congressional District. The 1st District is located in Clark County, covering many Las Vegas suburbs. Nevada's 1st Congressional District candidatesTitus is serving her 6th term in the US House of Representatives. In 2013, Titus returned to Congress after winning in the 1st Congressional District. Voting history for Nevada's 1st Congressional DistrictOnce in the heart of Las Vegas, Nevada's 1st Congressional District now encompasses more of Clark County.

☆ Weak oil demand to lower GCC economic growth in 2023
▼ + stars: | 2022-10-20 | by ( Anant Chandak | ) www.reuters.com time to read: +4 min

BENGALURU, Oct 20 (Reuters) - Economic growth in the six-member Gulf Cooperation Council will remain strong but slow significantly next year as high oil prices hurt demand for the commodity, a Reuters poll showed. China, the world's largest crude oil importer, has been fighting COVID-19 flare-ups and stuck to a zero-COVID-19 policy that is weighing heavily on economic activity and global oil demand. "GCC countries have benefitted from sharply higher oil prices, turning budget deficits into surpluses, and increased oil production which has bumped up GDP growth. Among other GCC economies, growth was expected to drop next year in the United Arab Emirates, Qatar and Oman, while in Bahrain growth was forecast to slow to 3.0% compared with 3.4% this year. As other economies reduce their reliance on oil Gulf countries are diversifying their revenue streams.

☆ Kuwait crown prince says 'petty' political squabbling must end
▼ + stars: | 2022-10-18 | by ( Ahmed Hagagy | ) www.reuters.com time to read: +2 min

There has been enough waste of painstaking efforts, precious time and squandered money," Sheikh Meshal said in the address, visibly crying at the end. Kuwait, an OPEC oil producer, bans political parties but has given its legislature more influence than similar bodies in other Gulf monarchies. Opposition figures made big gains in legislative polls in September after Sheikh Meshal dissolved parliament in a bid to end the stalemate. Before that he appointed Sheikh Ahmad Nawaf al-Sabah as prime minister at a time opposition lawmakers stepped up pressure for a new premier and parliament speaker. Sheikh Meshal pledged on Tuesday that the government would not interfere in the selection of the parliament speaker or parliamentary committees.

☆ First on CNN: Next spring the economy will sink into a 1990-style mild recession, Fitch says
▼ + stars: | 2022-10-18 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

New York CNN Business —Stubborn inflation and the Federal Reserve’s jumbo-sized interest rate hikes will drive the American economy into a 1990-style mild recession starting in the spring, Fitch Ratings warned on Tuesday. “The US recession we expect is quite mild,” economists at Fitch Ratings said. “US household finances are much stronger now than in 2008, the banking system is healthier and there is little evidence of overbuilding in the housing market,” Fitch Ratings economists wrote. By contrast, Fitch Ratings sees the unemployment rate rising from just 3.5% today to 5.2% in 2024. “Fitch Ratings expects a very strong consumer balance sheet and the strongest labor market in decades to cushion the impact of a likely recession,” the report said.

Register now for FREE unlimited access to Reuters.com Register"For the moment, Putin is hanging in there," said Anthony Brenton, a former British ambassador to Russia. In power since 1999, Putin has weathered numerous domestic crises and wars, and more than once faced down large street protests before effectively outlawing any real opposition. The Kremlin says Putin is backed by an overwhelming majority of Russians and won a landslide re-election victory in 2018. said Weiss, who has had various policy roles on the U.S. National Security Council and has written a book about Putin. A senior European official said Putin would have to demonstratively lose the war to be unseated.

☆ Kuwait says OPEC+ decision was unanimous, based on economic studies -state news agency
▼ + stars: | 2022-10-18 | by ( ) www.reuters.com time to read: 1 min

DUBAI, Oct 18 (Reuters) - Kuwait said that the recent OPEC+ decision to cut oil output was taken collectively and based on economic studies of international oil markets, state news agency KUNA reported on Tuesday citing the foreign ministry. Register now for FREE unlimited access to Reuters.com RegisterReporting by Alaa Swilam; Writing by Lina NajemOur Standards: The Thomson Reuters Trust Principles.

☆ Russia's attack on Ukraine shows that the US and Europe have to relearn how to fight an industrial war
▼ + stars: | 2022-10-18 | by ( Alexander Clarkson | World Politics Review | ) www.businessinsider.com time to read: +11 min

The military effort to support Ukraine shows how US and European defense priorities have been distorted. The war is a reminder that the US and Europe must fundamentally reassess how they prepare for war. The military responses Western states formulated toward these perceived threats were shaped by wider neoliberal policy approaches shaped by the impact of globalization. This greater reliance on private-sector actors to develop and administer key military functions also reflected a period of tightening defense budgets. An airman secures a GBU-38 Joint Direct Attack Munition on an aircraft at Barksdale Air Force Base in August 2014.

☆ OAPEC Sec Gen says OPEC+ decision to cut oil production 'correct'
▼ + stars: | 2022-10-15 | by ( ) www.reuters.com time to read: +1 min

Companies Organization of Arab Petroleum Exporting Countries FollowCAIRO Oct 15 (Reuters) - The secretary general of the Organization of Arab Petroleum Exporting Countries (OAPEC) said on Saturday that the OPEC+ decision to cut its oil production target is correct, and was taken at the right time. OAPEC comprises Algeria, Bahrain, Egypt, Iraq, Kuwait, Libya, Qatar, Saudi Arabia, Syria, Tunisia and the United Arab Emirates. The 13-member Organization of the Petroleum Exporting Countries (OPEC) and its allies, which include Russia, lowered their production target by 2 million barrels per day when they met on Oct. 5. The move came even though fuel markets remain tight, with inventories in major economies at lower levels than when OPEC has cut output in the past. Register now for FREE unlimited access to Reuters.com RegisterReporting by Moataz Mohamed; Editing by William MacleanOur Standards: The Thomson Reuters Trust Principles.

☆ After a general's clash with Fox News' Tucker Carlson, soldiers worry the US Army 'has gone full MAGA'
▼ + stars: | 2022-10-10 | by ( Steve Beynon | ) www.businessinsider.com time to read: +7 min

"Intentionally or not, this whole thing showed women that we are not worth defending," one noncommissioned officer told Military.com. To some, scrutinizing Donahoe's defense of women online is being seen as the service bending the knee to right-wing media. … The Army has gone full MAGA," the general said, referencing former President Donald Trump's campaign slogan, Make America Great Again. Other Army leaders backed the sentiment, including Grinston, who said on Twitter, "Women lead our most lethal units with character. Department of DefenseDonahoe was an avid user of social media at a time when most military leaders were wary of some of the risks of being active in the military community online.

☆ Saudi Aramco to maintain full oil supplies to Asia in Nov despite OPEC+ cuts
▼ + stars: | 2022-10-10 | by ( Florence Tan | ) www.reuters.com time to read: +1 min

Companies Saudi Arabian Oil Co FollowSINGAPORE, Oct 10 (Reuters) - Saudi Aramco has told at least seven customers in Asia they will receive full contract volumes of crude oil in November ahead of the peak winter season, several sources with knowledge of the matter said on Monday. The producer is keeping supplies to Asia steady despite likely production cuts by tapping on inventories, the sources said. Saudi Energy Minister Abdulaziz bin Salman had said the real supply cut would be about 1 million to 1.1 million bpd. Analysts expect Saudi Arabia, the United Arab Emirates and Kuwait to shoulder much of the production cuts because other OPEC+ members are falling behind output targets. Consultancy FGE expects the Saudi oil production target to fall by around 550,000 bpd in November from the previous month.

☆ Opinion | Chelsea Manning: ‘I’m Still Bound to Secrecy’
▼ + stars: | 2022-10-08 | by ( Chelsea Manning | ) www.nytimes.com time to read: +3 min

He’d faced charges that carried a 35-year prison sentence, but shortly before trial he’d cut a deal that left him with only probation and community service. I never really reckoned with the notion of a life spent in prison, or worse. I was sentenced to 35 years in a maximum-security prison, where I spent seven years, much of it in solitary confinement. It also included fixes to the Freedom of Information Act and would give stronger federal protections to journalists. Even in prison, with restrictions on hair length and clothing, people had begun to accept me as a woman.

Energy analysts believe the deep production cuts could yet backfire for OPEC kingpin and U.S. ally Saudi Arabia. Energy analysts believe the deep production cuts could yet backfire for OPEC kingpin and U.S. ally Saudi Arabia, particularly as Biden hinted Congress would soon seek to rein in the Middle East-dominated group's influence over energy prices. OPEC and non-OPEC allies, a group often referred to as OPEC+, agreed on Wednesday to reduce oil production by 2 million barrels per day from November. "In light of today's action, the Biden Administration will also consult with Congress on additional tools and authorities to reduce OPEC's control over energy prices," the White House said. While the group likes to say they keep politics out of their decisions, there's no denying that there are potential ramifications to this beyond the oil price.

☆ Saudi Arabia just won a bid for the 2029 Asian Winter Games. The $500 billion city they're set to be hosted in doesn't exist yet.
▼ + stars: | 2022-10-05 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +3 min

Saudi Arabia is set to become the first country in West Asia to host the Winter Asian Games. But, like the rest of Neom, Trojena doesn't exist yet; it's slated to be completed in 2026, per the AFP. Neom, Saudi Arabia, on January 12, 2021. The Asian Winter Games are held every four years. Saudi Arabia stands to be the first West Asian country to host the event, which was most recently held in Sapporo, Japan, in 2017.

☆ OPEC+ to cut oil production by 2 million barrels per day to shore up prices, defying U.S. pressure
▼ + stars: | 2022-10-05 | by ( Sam Meredith | ) www.cnbc.com time to read: +4 min

Oil prices have fallen to roughly $80 from over $120 in early June amid growing fears about the prospect of a global economic recession. OPEC and non-OPEC allies, a group often referred to as OPEC+, decided at their first face-to-face gathering in Vienna since 2020 to reduce production by 2 million barrels per day from November. Energy market participants had expected OPEC+, which includes Saudi Arabia and Russia, to impose output cuts of somewhere between 500,000 barrels and 2 million barrels. Oil prices have fallen to roughly $80 a barrel from more than $120 in early June amid growing fears about the prospect of a global economic recession. "In short, OPEC+ is prioritising price above stability at a time of great uncertainty in the oil market."

☆ Gulf central banks raise rates after Fed's third big hike in a row
▼ + stars: | 2022-09-21 | by ( ) www.reuters.com time to read: +2 min

The Central Bank of Bahrain is seen in Manama, October 27, 2013. The Saudi Central Bank, also known as SAMA, lifted its repo and reverse repo rates by 75 bps to 3.75% and 3.25%, respectively. The UAE's central bank will from Thursday hike its base rate by three-quarters of a percentage point to 3.15%. Qatar's central bank will from Thursday increase its lending rate to 4.5%, deposit rate to 3.75% and repo rate to 4.0%. Bahrain raised its key policy interest rate on its one-week deposit facility to 4%.

☆ Petrodollar rush may disappoint Western financiers
▼ + stars: | 2022-09-20 | by ( Liam Proud | ) www.reuters.com time to read: +6 min

Yet Western financiers hoping to share in the spoils of a 1970s-style petrodollar boom will be disappointed. In previous petrodollar booms, energy producers have recycled their windfalls into the Western financial system. These financial flows, known as petrodollar recycling, mean that the money Westerners spend on fuel eventually makes its way back into their economies through energy producers’ financial investments. Either way, it would mean that Westerners miss out on some of the spoils of the new petrodollar boom. A more muted petrodollar boom might not be such a bad thing after all.

☆ Factbox: World leaders to attend Queen Elizabeth's funeral
▼ + stars: | 2022-09-12 | by ( ) www.reuters.com time to read: +6 min

Canadian Prime minister Justin Trudeau and Sophie Gregoire Trudeau attend the funeral of Her Majesty Queen Elizabeth II in Westminster Abbey. Jack Hill/Pool via REUTERSRegister now for FREE unlimited access to Reuters.com RegisterLONDON, Sept 19 (Reuters) - Queen Elizabeth's state funeral will take place in London on Monday and a host of world leaders, royalty and other dignitaries will attend. Countries that have not been invited include Syria and Venezuela because London does not have normal diplomatic relations with those states. Britain has also not invited representatives from Russia, Belarus or Myanmar after it imposed economic sanctions on those countries. Related ContentFactbox: Plans for Queen Elizabeth's state funeral on MondayFactbox: Comments from crowds in London on Queen ElizabethFactbox: World leaders to attend Queen Elizabeth's funeralFactbox: Order of service for Queen Elizabeth's state funeralWindsor Castle, Queen Elizabeth's home and now final resting placeWestminster Abbey - traditional church for royals in life and death(This story was refiled to correct spelling of first name of Belize governor general)Register now for FREE unlimited access to Reuters.com RegisterCompiled by Farouq Suleiman and Kate Holton Editing by Deepa Babington and Frances KerryOur Standards: The Thomson Reuters Trust Principles.

☆ Saudi Arabia and Gulf neighbors threaten Netflix over content that 'violates Islamic values'
▼ + stars: | 2022-09-07 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

Saudi Arabia and five other Gulf Arab countries issued a joint statement demanding that Netflix remove content they say "violates Islamic and societal values and principles," Saudi media has reported. The content "violates Islamic and societal values and principles. As such, the platform was contacted to remove this content, including content directed at children, and to ensure adherence to the laws." The GCC, or Gulf Cooperation Council, is comprised of the largely conservative, Muslim-majority states of Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman. Netflix has not yet publicly responded to the statement and had no comment when contacted by CNBC.

As Russia bombs its neighbor, what has become the biggest European war since 1945 has had an outsized impact far south, in the Middle East. Here are four ways the Ukraine war has affected the Middle East over the last six months:Energy exporters are cashing inThe war has seen oil prices rise to as much as a 14-year high. Despite vowing to turn Saudi Arabia into a pariah, US President Joe Biden visited Saudi Arabia in a landmark trip last month. Saudi Arabia: #How_many_wives_would_you_takeSaudi men took to Twitter to ask each other how many wives they’d like to take. According to the 2019 report by the Doha International Forum called State of Marriage in the Arab World, information on polygamy in Saudi Arabia is not readily available.

☆ It's official: Kim Kardashian and Kylie Jenner are smarter than Mark Zuckerberg
▼ + stars: | 2022-07-29 | by ( Linette Lopez | ) www.businessinsider.com time to read: +8 min

"Make Instagram Instagram again," the half sisters advised in posts on the platform, circulating a petition to stop the changes. And Zuckerberg won't be able to say Kim and Kylie didn't warn him. This after Facebook — Meta's former crown jewel — back in February reported a loss of users for the first time. But it all mostly boils down to the fact that Meta doesn't know how to innovate its product anymore. Flying a plane into a virtual mountainNow, none of this is to say that Meta doesn't make money.

☆ Restricții de călătorie. Informații privind accesul cetățenilor R. Moldova pe teritoriul altor state
▼ + stars: | 2021-05-21 | by ( Buzdugan Loredana | ) www.zdg.md time to read: +16 min

531 din 11 mai 2021 a fost prelungită starea de alertă pe întreg teritoriul țării începând cu data de 13 mai 2021. Pentru informații oficiale privind categoriile cetățenilor exceptate de a intra pe teritoriul României, precum și legislația în vigoare privind starea de alertă accesați pagina electronică. Ulterior, trebuie să prezinte un al doilea test PCR efectuat în Republica Cehă, cel târziu la 5 zile de la sosire. Autoizolarea este obligatorie până la depunerea unui al doilea test negativ. LetoniaÎn conformitate cu hotărârea guvernului Republicii Letonia a fost anulată starea de urgență în țară.

Persons: Excepție, Janssen, Ad26, COV2, Autoizolarea, . Organizations: Federația, Federației Ruse, Guvernului, PCR, Sputnik, Uniunii Europene, Sănătății, Externe Locations: Moldova, Federația Rusă, 18.05.2021, Federației Ruse, rusă, Rusiei, România, României, 14.05.2021, Republica Moldova, Ucraina, Ucrainei, Republicii Moldova, Bulgaria, Republicii Bulgaria, Bulgariei, AZD1222, Covishield, Inactivated, Cehia, Republica Cehă, Estonia, Estoniei, UE, Grecia, Australia, Macedonia de Nord, Emiratele Arabe Unite, Statele Unite ale Americii, Regatul Unit al Marii Britanii, Irlandei de Nord, Israel, Canada, Belarus, Bahrain, Noua Zeelandă, Republica Coreea, Qatar, China, Kuwait, Rwanda, Rusia, Arabia Saudită, Serbia, Singapore, Thailanda, Republica Elenă, Italia, Republicii Italiene, Italiei, Republica Italiană, Letonia, Republicii Letonia, Lituania, Republicii Lituania, . Portugalia

☆ Atacantul moldovean Petru Leuca evoluează pentru o formație din Cambodgia
▼ + stars: | 2021-04-11 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +2 min

Fotbalul asiatic a devenit o adevărată atracție pentru atacantul moldovean Petru Leuca. Drept dovadă este că în ultimii trei ani a fost legitimat la gruparea Khaitan din Kuwait, Sohar din Oman și FC Trau din India, iar de mai bine de o lună evoluează la formația NagaWorld din Cambodgia. Sincer să fiu nu cunoșteam nimic despre fotbalul din Cambodgia, dar fotbalul asiatic e unul, diferența e doar în calitatea fotbaliștilor autohtoni și a stranierilor care fac diferența", a declarat Leuca. Chiar dacă fotbalul din această țară era o enigmă pentru el, Leuca spune că s-a acomodat rapid la condițiile de acolo. El a jucat deja în trei meciuri oficiale și a reușit două pase de gol.

Persons: Petru Leuca, Dumnezeu Organizations: FC Trau, Asiei, FIFA, Divizia Națională, Academia Chișinău, Dinamo - Auto Locations: Kuwait, Sohar, Oman, India, NagaWorld, Cambodgia, Asia, Asiei, Moldovei, Orhei, Dacia Chișinău, Iskra Rîbnița, Hâncești, Dinamo - Auto Tiraspol, Lituania, Grecia, Italia

☆ Политический кризис в Кувейте. Все министры ушли в отставку
▼ + stars: | 2021-01-14 | by ( Mld Media Srl | ) noi.md time to read: +1 min

Все министры Кувейта во вторник подали премьер-министру прошение об отставке из-за споров с парламентом всего через месяц после формирования правительства, сообщает официальное информационное агентство Kuwait News. Отставка министров последовала после заявления 38 парламентариев, поддержавших просьбу провести расследование в отношении премьер-министра, которого, в частности, обвиняют в нарушении Конституции путем формирования правительства, передает agerpres.ro. Согласно цитируемому источнику, заявление об отставке членов кабинета было представлено премьер-министру, шейху Сабаху аль-Халеду ас-Сабаху, но должно быть отправлено на утверждение эмиру Навафу аль-Ахмаду ас-Сабаху. Предыдущий кабинет министров ушел в отставку в ноябре 2019 года на фоне обвинений в коррупции. Разногласия между парламентариями и правительством продолжаются в Кувейте более десяти лет, что приводит к многочисленным роспускам парламента и правительства.

Persons: Сабах альхалед асСабаху, Навафу альахмад асСабаху Locations: Кувейт, Персидский залив

☆ Kuweit: Toți miniștrii și-au dat demisia la doar o lună de la formarea Guvernului
▼ + stars: | 2021-01-13 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Toţi miniştrii din Kuweit şi-au prezentat marţi demisia premierului, la doar o lună după formarea Guvernului, din cauza unor dispute cu Parlamentul, a informat agenţia oficială de presă Kuwait News Agency, relatează AFP, citat de agerpres.ro. Vicepremierul şeicul Hamad Jaber Al-Ali Al-Sabah i-a prezentat demisia membrilor cabinetului prim-ministrului şeicul Sabah Al-Khaled Al-Sabah "în lumina evoluţiilor actuale privind relaţia dintre Adunarea Naţională şi guvern". Această demisie survine după anunţul făcut de 38 de parlamentari că susţin o cerere de anchetare a premierului, pe care îl acuză în special că a încălcat Constituţia prin formarea guvernului. Opoziţia a înregistrat un progres în alegerile legislative din decembrie, câştigând aproape jumătate din cele 50 de locuri. Ţară bogată în petrol, în Kuweit au avut loc de mai bine de zece ani disensiuni între anumiţi parlamentari şi guvern, ceea ce a dus la numeroase dizolvări ale Parlamentului şi ale guvernului.

Persons: Toţi, Hamad, Ali Al -, Ahmad Al -, Opoziţia Organizations: Parlamentul, Kuwait News, Adunarea Naţională, Kuweitul Locations: Kuweit, Kuwait, Ali Al - Sabah, -, - Sabah, Ahmad Al - Sabah, Golf

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