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Analysts: Oil prices' decrease due to economy slowdown, US reserves' increase
Kuwait: Two Kuwaiti oil analysts said on Sunday that global oil prices lost 8 percent of its value during last week due to fears of economy slowdown and US Energy Information Administration (EIA) that showed rise in oil stocks.In a separate statement to (KUNA), they clarified that oil prices got support after (OPEC+) decision of "a slight increase" in production starting next September, by 100,000 barrel per day, less than previous increases...
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Nunez saves Liverpool from opening day defeat at Fulham
London: Jurgen Klopp admitted Liverpool deserved no more than a 2-2 draw against newly-promoted Fulham in a pulsating start to their Premier League season on Saturday.Aleksandar Mitrovic twice put the impressive hosts ahead, but Darwin Nunez came off the bench to make a huge impact on his Premier League debut.The Uruguayan, who arrived at Anfield in a deal that could rise to 100 million euros ($102 million) from Benfica, flicked home to level at...
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UK boy dies after life support stopped at end of long legal battle
London: A London hospital on Saturday withdrew life support for 12-year-old British boy Archie Battersbee after his parents lost a long, emotive and divisive legal battle.Archie's mother, Hollie Dance, said her son passed away just over two hours after the artificial ventilation was stopped."Such a beautiful little boy. He fought right until the very end," she told reporters, sobbing, outside the Royal London Hospital."I'm the proudest mum in the...
Kuwaiti Health Minister Khaled Al-Said with Turkish Deputy Minister of Health Sabahattin Aydin
Kuwait Health Min. urges tapping Turkish medical expertise
Istanbul: Visiting Kuwaiti Health Minister Khaled Al-Said said Saturday it is necessary to draw upon Turkiye's medical expertise, particularly hospital operation and administration, and staff training.The minister made the remark to KUNA following his meeting with Turkish Deputy Minister of Health Sabahattin Aydin at Basaksehir Cam & Sakura City Hospital in Basaksehir district of Istanbul, where he got familiar with the hospital's experience...
The students with Zain officials during the visit
Zain introduced CEP students to its leading experience in Kuwaiti telecom sector
Kuwait: Zain, the leading digital service provider in Kuwait, hosted engineering and telecom students from Kuwait University’ College of Petroleum and Engineering (CEP) at its main headquarters in Shuwaikh. During the visit, Zain introduced the students to its leading experience in the Kuwaiti telecommunications sector.This initiative came as part of Zain’s belief in the private sector’s key role in supporting the nation’s education...
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US job growth surges by half a million in July
Washington: US job growth surged in July, as the economy added a surprising 528,000 positions, defying all expectations of a slowdown, according to official data Friday.Even the White House had agreed with most economists in predicting the increase would slow to just 250,000 in the month, which President Joe Biden said was part of the natural slowdown after the rapid rebound of the world's largest economy from the pandemic downturn.Meanwhile,...
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China scraps cooperation with US over Taiwan spat
Beijing: China said Friday it was ending cooperation with the United States on a litany of key issues including climate change, anti-drug efforts and military talks, as relations between the two superpowers nosedive over the island of Taiwan.Beijing has reacted furiously to a visit by US House Speaker Nancy Pelosi to the island, which it claims as its territory and has vowed to retake, by force if necessary.It has since Thursday encircled the...
Kuwait's Permanent Representative at the UN Tareq Al-Banai
Kuwait restates unswerving stance on non-proliferation
NEW YORK: Kuwait reiterated its unwavering position on preservation of international security and peace and nuclear non-proliferation only out of its outright commitment to respecting international conventions. This came in a speech delivered by Kuwait's Permanent Representative at the UN Tareq Al-Banai during the Tenth Review Conference of the Parties to the Treaty on the Non-Proliferation of Nuclear Weapons (NPT).He said the world has agreed...
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Kuwait FM receives phone call from Nepali counterpart
Kuwait: Kuwait's Foreign Minister Sheikh Dr. Ahmad Nasser Al-Mohammad Al-Sabah received on Thursday a phone call from his Nepali counterpart, Narayan Khadka.They discussed the deep-rooted relations tying their two countries and ways of bolstering such relations across various sectors. The ministers also discussed latest developments on regional and international fronts.
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US House Speaker's visit shows deterrence against Pyongyang - S. Korean Pres.
Tokyo: South Korean President Yoon Suk-yeol on Thursday told visiting US House Speaker Nancy Pelosi that her visit to South Korea is a sign of deterrence against North Korea, Yonhap News Agency reported.During their 40-minute phone talks, Yoon also said he will closely work with US Congress to deepen the bilateral alliance, First Deputy National Security Adviser Kim Tae-hyo told reporters in Seoul, according to the report.Shortly before the phone...
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BoE lifts interest rate by half-point, biggest hike since 1995
London: The Bank of England unleashed its biggest interest rate hike since 1995 on Thursday and forecast inflation will top 13 percent later this year when the economy will enter a year-long recession.The widely-expected half-percentage-point rate rise was the BoE's sixth straight increase since it began in December to tighten borrowing costs from a record-low level of just above zero, bringing them now to 1.75 percent.
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US senate votes to ratify NATO's Sweden, Finland membership
New York: The US Senate voted late Wednesday to approve a resolution to ratify membership for Sweden and Finland in NATO, a historic vote aimed at strengthening the defense bloc amid Russia's war in Ukraine.NATO formalized its invitation to Sweden and Finland to join the alliance at the end of June and the decision must go to the 30 member states' parliaments and legislatures for final ratification.President Joe Biden sent the protocols for...