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WASHINGTON: Ayhan Kose, Director of the World Bank’s Prospects Group, speaks during an interview in Washington, DC, on January 9, 2023. - AFP
Global growth to slow 'perilously close' to recession in 2023: WB
WASHINGTON: Global growth is expected to slow "perilously close" to recession in 2023, the World Bank said Tuesday, slashing its economic forecast on high inflation, rising interest rates and Russia's invasion of Ukraine. Economists have warned of a slump in the world economy as countries battle soaring costs and central banks simultaneously hiked interest rates to cool demand-worsening financial conditions amid ongoing disruptions from the war...
KUWAIT: Kuwait’s Minister of Commerce and Industry Mazen Al-Nahedh.- KUNA
Google Cloud will boost Kuwait's digital infrastructure: Al-Nahedh
KUWAIT: Kuwaiti Minister of Commerce and Industry Mazen Al-Nahedh said Tuesday Google Cloud's plan to set up a local office in Kuwait and invest in opening a state-of-the-art cloud region in the country would promote its digital infrastructure.It would also help Kuwait manage its digital workloads efficiently, and enable them to store important data securely, Al-Nahedh, who doubles as Minister of State for Communications and Information...
KUWAIT: This file photo shows a construction worker works at a construction site in Kuwait. - Photo by Yasser Al-Zayyat
MoI plans meeting to discuss issue of population imbalance
KUWAIT: Interior Minister Sheikh Talal Al-Khaled Al-Sabah will be heading a meeting this month to discuss the issue of population imbalance along with other ministries as well as the iqama affairs department at the interior ministry, Public Authority of Manpower (PAM) and the Civil Service Commission (CSC)."The meeting will seek to build a roadmap for resolving the population issue, which will include a list of procedures that aim to implement a...
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DWC members visit Tareq Rajab Museum
KUWAIT: The Diplomatic Women's Committee (DWC) began its new cultural season activities through its theme "Let's discover" including an introduction to the landmarks and institutions of the State of Kuwait. Committee's advisor, Madam Narges Al-Shatti, in coordination with Media & Public Relations Officer Fauzia Abdul Basit, prepared a visit to the museums of the late Syed Tareq Rajab, one of the most important historical, cultural and heritage...
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Kuwait's expat population presents challenges, opportunities: ChatGPT
By Faten OmarKUWAIT: Conversational Artificial Intelligence (AI) has passed from the pages of sci-fi and entered the real world, however, as with any new technology, ChatGBT and similarly powerful AIs hold equal potential for benefit as well as harm. OpenAI granted free access to the world on November 30, 2022 for public testing and feedback. ChatGPT, is a large language model AI which has the ability to interact with users through natural...
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France honors undersecretary Usama Al-Sultan
KUWAIT: Education Ministry Assistant Undersecretary for Public Education Usama Al-Sultan expressed appreciation and thanks after France honored him with the "Ordre des Palmes academiques" for his role in strengthening cultural and educational relations between the two countries.The honoring was held at the French Embassy in the presence of Education Ministry Acting Undersecretary Faisal Al-Maqseed, Assistant Undersecretary for financial affairs...
An aerial drone shot of Kuwait Towers on Tuesday. – Photo by Yasser Al-Zayyat
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GENEVA: Permanent Representative to the UN and other international organization in Geneva Ambassador Nasser Al-Hain. - KUNA
Kuwait hopes UN session on Pakistan aid to achieve goals
GENEVA: Kuwait expressed hope on Monday that the UN Conference for Pakistan support would achieve its desired goals in mobilizing the international community for a flexible recovery of Pakistan from the last devastating floods' repercussions. This came during Kuwait's speech delivered by Permanent Representative to the UN and other international organization in Geneva Ambassador Nasser Al-Hayen during the conference organized by the UN, in...
WASHINGTON: US House Speaker Kevin McCarthy (R-CA) walks to the Speaker's Ceremonial Office at the US Capitol in Washington. Divisive new Speaker Kevin McCarthy faced the first test of his ability to lead the chaotic US House of Representatives. – AFP
New US speaker scores first win
WASHINGTON: Divisive new Speaker Kevin McCarthy passed the first test of his ability to lead the chaotic US House of Representatives Monday as lawmakers approved a rules package determining how his Republicans will govern. The vote on the blueprint -- described by top Democrat Jim McGovern as a "ransom note to America from the extreme right" -- came on the heels of one of the most turbulent weeks ever in the lower chamber of Congress.Lawmakers...
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Saudi Tadawul Group to host Saudi Capital Market Forum in 2023
RIYADH: Following the success of Saudi Tadawul Group's inaugural Saudi Capital Market Forum in 2022, the Group is pleased to announce that it will host the second edition of the Saudi Capital Market Forum from 12 to 13 February 2023 in Riyadh, Saudi Arabia. Held under the patronage of the Chairman of the Board of the Capital Market Authority Mohammed A El-Kuwaiz, the Saudi Capital Market Forum will bring together key opinion leaders, issuers,...
BEVEREN: Belgian customs General Administrator Kristian Vanderwaeren (L) and Dutch customs Director General Nanette Van Schelven hold a joint press briefing of the Belgian and Dutch customs authorities on the cocaine intercepted in the Antwerp and Rotterdam harbours in 2022, in Beveren, on January 2023. -- AFP
Record cocaine seizures in Antwerp as Belgium battles drug gangs
ANTWERP: Cocaine seizures at the port of Antwerp, the main gateway for illegal drugs into Europe, hit a new record last year, as Belgian and Dutch authorities face mounting concern over the power of violent international gangs. The annual figures for drug busts in Belgium and the Netherlands were released on Tuesday, one day after an 11-year-old girl was shot dead in a gun attack on an Antwerp home that the city's mayor dubbed the latest outrage...
CATUBIG: In this handout photo from Catubig Municipal Information Office taken on January 10, 2023 shows people riding a boat in a flooded area in Catubig, due to the heavy rains brought by a low pressure area. – AFP
11 killed in Philippine storms, more heavy rains expected
MANILA: At least 11 people have died in storms across the Philippines in the past week, with more heavy rain expected in already sodden regions of the disaster-prone country, authorities said Tuesday. Bad weather has plagued the country's southern and central islands since the Christmas weekend when downpours triggered flooding and landslides that left 52 people dead and forced hundreds of thousands to flee their homes.Since January 3,...