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UPAHL: Placards reading 'Afraid for Upahl' (L) and 'Upahl says no' are displayed along the main road passing through Upahl, northern Germany. The main road through the northern German village of Upahl is lined with a series of wooden placards, their bright neon letters standing out against the grey sky and muddy fields. - AFP

Tensions brew in German village of Upahl over refugee arrivals

UPAHL: The main road through the northern German village of Upahl is lined with wooden placards, their bright letters standing out against the grey sky and muddy fields. "Upahl says no", reads one. "Think of our children!" says another.The signs are in opposition to a planned centre for 400 asylum seekers in the town with a population of 500. Like many communities across Germany, the district of Northwestern Mecklenburg, where Upahl is located,...

TAIPEI: Paraguay's President Mario Abdo Benitez (C) and Taiwan's President Tsai Ing-wen (L) inspect an honour guard during a welcome ceremony at the Presidential Office in Taipei on February 16, 2023. – AFP

Paraguay leader hails Taiwan as 'beacon of democracy'

TAIPEI: Paraguay's outgoing leader hailed Taiwan as a "beacon of democracy" Thursday, ahead of a presidential vote that could see his country cutting ties with the island. "In the face of continued threats and tense situation, the Taiwan people have not given up their resolve for peace, and continued to play the role of a beacon of democracy in the region," President Mario Abdo Benitez said on a visit to the island.The South American nation is...

WASHINGTON: Peterson Institute for International Economics President Adam Posen (R) listens while World Bank President David Malpass speaks during an event about trade at the headquarters of the World Bank, in Washington. – AFP

World Bank chief Malpass to step down

WASHINGTON: World Bank chief David Malpass announced Wednesday he would step down nearly a year early, ending a tenure at the head of the development lender that was clouded by questions over his climate stance. The veteran of Republican administrations in the United States was appointed to the role in 2019 when Donald Trump was president and previously served as Under Secretary of the Treasury for international affairs.His tenure at the World...

Kuwait University students with the winner's trophy.

Kuwait University wins CFA annual competition

By: Majd OthmanKUWAIT: Chartered Financial Analyst Society Kuwait announced the successful conclusion of its annual CFA Institute Research Challenge for the year 2022/2023, organized by the education committee of the CFA Society that provides university students with mentorship and hands-on training in financial analysis and professional ethics.Kuwait University was awarded the first place in this year's challenge, while American University of...

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Oil prices remain volatile on Russian cuts and US SPR release

KUWAIT: After declining consistently since the start of the month, crude oil prices witnessed a sharp recovery to reach over $85/b following an announcement from Russia to cut crude oil production by 0.5 mb/d in retaliation to the sanctions imposed on the country's crude oil and refined products. However, the announcement from the US Department of Energy to release an additional 26 million barrels of crude oil from its strategic petroleum reserve...

KANO: Rick-shaws drive past a campaign billboard of the candidate of Labour Party Peter Obi and runningmate Datti Baba-Ahmed displayed along the road in Kano, northwest Nigeria. Africa's most populous country has been crippled by fuel shortages for weeks, and cash dispensers are running empty after a sudden currency swap two weeks ahead of Nigeria's presidential election. – AFP

Nigerian president moves to try to ease cash crisis

LAGOS: Nigeria's President Muhammadu Buhari on Thursday defended a currency swap that sparked protests and cash shortages, but ordered old, small denomination 200 naira notes to remain in circulation in a bid to ease scarcities. Nigeria has been struggling with a shortage in physical cash since the Central Bank of Nigeria (CBN) began to swap old bills of the local naira currency for new, re-designed ones, leading to a shortfall in banknotes.The...

NEW DELHI: India’s Cheteshwar Pujara (left) and Mohammed Shami take part in a practice session at the Arun Jaitley Stadium in New Delhi ahead of their second Test cricket match against Australia. – AFP

India's Pujara 'shuts out noise' to reach Test milestone

NEW DELHI: Indian batsman Cheteshwar Pujara said Thursday that "shutting out the noise" through yoga and meditation was his secret to having made it to his milestone 100th Test. The 35-year-old will be the 13th Indian cricketer to play a century of Tests when he takes to the field against Australia in New Delhi. "When I made my debut I never thought about playing 100 Test matches and it's always about the present," Pujara told reporters on the...

Mikaela Shiffrin

Shiffrin sets fastest time in opening giant slalom run

MERIBEL: Mikaela Shiffrin put the split with her long-time coach behind her as she set the fastest time in the opening run of the women's giant slalom at the World Ski Championships in Meribel on Thursday. The US star, who split with Mike Day on Wednesday after seven incredibly successful years, clocked 1min 02.54sec down the Roc de Fer piste in bright, sunny conditions. "I actually thought I was a bit slower than everybody on the last bit...

This picture shows the National Archaeological Museum in Athens. – AFP

Greece's largest museum to undergo four-year upgrade

The National Archaeological Museum in Athens, Greece's largest and one of the most important of its kind in the world, will undergo a massive upgrade expected to last four years, officials said Wednesday. Inaugurated in 1889, the museum houses some of Greece's most valuable antiquities, including the prehistoric frescoes of Thera, the Bronze Age gold treasures of Mycenae and the 2nd-century BC Antikythera Mechanism, a device believed to be the...

(From left to right) Romanian film director and jury member Radu Jude, German film director and jury member Valeska Grisebach, Spanish film director and jury member Carla Simon, US actress and Berlinale Jury President Kristen Stewart, Iranian-French actress and jury member Golshifteh Farahani, Hong Kong film director Johnnie To and US casting director and jury member Francine Maisler pose during a photocall on the opening day of the Berlinale, Europe’s first major film festival of the year, on February 16, 2023 in Berlin. – AFP photos

Berlin film fest to beam in Zelensky for opener with Sean Penn

Ukrainian President Volodymyr Zelensky will join Hollywood actor Sean Penn by video link on Thursday at the opening of the Berlinale, Europe's first major film festival of the year, as it spotlights the fight for freedom in Ukraine and Iran. The 73rd annual event, traditionally the most politically minded of the three big European cinema showcases, will mark the Russian invasion's first anniversary as well as anti-regime protests in Iran with new...

Traders scavenge clothes from debris burnt down by the fire in the early morning at Gikomba market, East Africa's largest second hand clothing market, in Nairobi, Kenya.

Donated clothing worsening Kenya's plastic pollution

One third of all second-hand clothing shipped to Kenya in 2021 was "plastic waste in disguise", creating a slew of environmental and health problems for local communities, a new report said Thursday. Every year, tons of donated clothing is sent to developing countries, but an estimated 30 percent of it ends up in landfills-or flooding local markets where it can crowd out local production. A new report shows that the problem is having grave...

The 'Codex Sassoon' bible is displayed at Sotheby's in New York.— AFP

World's oldest near-complete Hebrew Bible heads to auction

A Hebrew Bible more than 1,000 years old is set to be sold at auction in New York for up to an estimated $50 million, Sotheby's announced Wednesday. The Codex Sassoon-which dates to the late ninth to early tenth century-is the earliest, most complete Hebrew Bible ever discovered. It will become the most expensive historical document or manuscript to ever go under the hammer when Sotheby's puts it up for auction in May."(It) is undeniably one of...

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