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RIYADH, Oct 16 (Reuters) - Saudi King Salman said on Sunday the kingdom was working hard to support stability and balance in oil markets, including by establishing and maintaining the agreement of the OPEC+ alliance. King Salman bin Abdulaziz said in an address to the kingdom's advisory Shura Council that his country was a mediator of peace and highlighted the crown prince's initiative to release POWs from Russia last month. King Salman also called on Iran to fulfill its nuclear commitments and cooperate with the U.N. nuclear agency. Register now for FREE unlimited access to Reuters.com RegisterReporting by Aziz El Yaakoubi, Nayera Abdallah and Yasmin Hussein; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.
Oct 16 (Reuters) - Saudi Arabia's defence minister said the decision by OPEC+ to cut oil output was taken unanimously and for purely economic reasons. Prince Khalid bin Salman also said he was "astonished" by accusations that the Kingdom was "standing with Russia in its war with Ukraine." "It is telling that these false accusations did not come from the Ukrainian government," the king's younger son wrote on Twitter. Register now for FREE unlimited access to Reuters.com RegisterReporting by Nayera Abdallah and Ahmed Tolba; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.
Experts also fear that continued high oil prices could make it more difficult for the US to tamp down inflation, which has already skyrocketed this year. “Saudi Arabia is taking the side of trying to ensure the stability of the oil markets.”“Saudi Arabia does not politicize oil. Saudi officials have insisted that the production cut is being done to protect the country’s economic interests. Democratic Sen. Richard Blumenthal of Connecticut on Wednesday called for immediate action on his bill that would stop US arm sales to Saudi Arabia. When asked about growing calls in Washington to limit ties with Saudi Arabia, al-Jubeir said he hoped that such talk was motivated by domestic politics ahead of the midterms.
On Wednesday, OPEC+, the oil cartel led by Saudi Arabia and Russia, agreed to slash production by 2 million barrels per day, twice as much as analysts had predicted, in the biggest cut since the Covid-19 pandemic. “Saudi Arabia is looking to head off a repeat of 2008 when the market crash sent the global economy into a recession and oil prices suddenly plummeted, requiring emergency action by OPEC,” said Wald. Analysts also say Saudi Arabia cannot afford to let oil prices go below a certain level for budgetary reasons. For its budget to break even, global oil prices must be at around $79 a barrel, according to the International Monetary Fund. That was a warning sign for Saudi Arabia and other oil exporters, who depend on oil for a majority of their revenue.
Saudi Crown Prince Mohammed bin Salman Named Prime Minister
  + stars: | 2022-09-28 | by ( Summer Said | ) www.wsj.com   time to read: 1 min
Saudi Crown Prince Mohammed bin Salman is leading an economic overhaul to reduce the kingdom’s dependence on oil, while also punishing dissent and limiting free speech. Saudi Arabia’s King Salman Tuesday named his son, Crown Prince Mohammed bin Salman , as prime minister Tuesday, boosting the profile of the 37-year-old day-to-day ruler of the kingdom as he tries to end years of international isolation over a journalist’s killing. Prime minister, a title traditionally held by the Saudi monarch, will extend Prince Mohammed’s tight grip on power, as he already oversees the country’s most sensitive portfolios—the economy, defense and oil. King Salman also sees his son as a national figure who represents the kingdom’s restless younger generation.
GAZA, Sept 18 (Reuters) - An ornate Byzantine floor mosaic showing a variety of colourful birds and other animals has been discovered by chance in Gaza after a Palestinian farmer tried to plant new trees on his land. Trying to figure out why some trees had not properly taken root, Nabahin said he and his son began digging. 1/5 Palestinian farmer Salman al-Nabahin cleans a mosaic floor he discovered at his farm and which dates back to the Byzantine era, according to officials, in the central Gaza Strip September 18, 2022. REUTERS/Ibraheem Abu Mustafa Read MoreThe Palestinian Ministry of Tourism and Antiquities said the flooring included several mosaic panels depicting animals and other features of social life during the Byzantine era. But due to a lack of funds and relevant professionals, Gaza has usually invited international groups to help with the process of excavation and preservation.
Regele Salman al Arabiei Saudite a fost vaccinat anti-Covid
  + stars: | 2021-01-09 | by ( ) www.jurnal.md   time to read: 1 min
Potrivit agenţiei SPA, regele Salman a "primit prima doză a vaccinului" la NEOM, un oraş futurist în curs de dezvoltare. La 17 decembrie, Arabia Saudită a început o campanie de vaccinare, după ce a aprobat utilizarea vaccinului dezvoltat de Pfizer/BioNTech, scrie News.ro. Arabia Saudită a înregistrat peste 363.000 de cazuri de contaminare cu noul coronavirus şi peste 6.000 de decese.
Persons: Salman Locations: SPA, Arabia Saudită
Donald Trump, care susţine în continuare că nu a pierdut alegerile prezidenţiale din 3 noiembrie şi acuză fraude comise mai ales cu ajutorul votului prin corespondenţă, a luat cuvântul la summitul G20 în jurul orei 12:45 GMT, la puţin timp după discursul de deschidere al Regelui Salman al Arabiei Saudite, care prezidează această reuniune desfăşurată prin teleconferinţă din cauza pandemiei COVID-19, transmite Agerpres. Potrivit unui delegat care a avut acces la discuţiile închise pentru presă, ''discursul său a constat în a spune că a făcut o muncă absolut incredibilă în timpul mandatului său, pe plan economic şi împotriva pandemiei''. ''Nu a spus niciun cuvânt despre chestiunile internaţionale'', afirmă aceeaşi sursă. Conform unui al doilea participant, Donald Trump ar fi spus în scurta sa intervenţie: ''A fost o onoare să lucrez cu voi şi mă bucur să lucrez cu voi în viitor şi pentru o perioadă îndelungată''. Odată încheiată intervenţia sa, potrivit celor două surse Trump a cedat locul la summit secretarului american al trezoreriei, Steven Mnuchin, şi a părăsit Casa Albă pentru a merge la clubul său de golf din apropiere de Washington.
Persons: Donald Trump, Salman al Arabiei, Trump, Steven Mnuchin Organizations: Salman al Arabiei Saudite, Agerpres, Casa Albă Locations: Casa, Washington
Sheikh Khalifa ben Salman al Khalifa, unchiul actualului rege al Bahrainului, Hamad, a murit marți, la spitalul Mayo Clinic din statul american Minnesota. Anunțul a fost făcut de către palatul regal. În ţară a fost decretată o săptămână de doliu naţional, informează b1.ro. Sheikh Khalifa ben Salman al Khalif era considerat drept figura dominantă în Bahrain, fiind prim-ministru din 1971. În 2011-2012, Sheikh Khalifa ben Salman al Khalif a denunţat mişcarea de contestare Primăvara arabă și efectele ei asupra țărilor arabe: „Credeţi că îmi place ce văd că s-a întâmplat în toate aceste ţări?
Persons: Sheikh Khalifa ben, Khalifa, Hamad, ., Khalif, al Organizations: ţară Locations: Bahrainului, american Minnesota, Bahrain, Iranului, Arabiei Saudite
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