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PARIS, France: US economist and recipient of the Nobel Prize in Economic Sciences Joseph E. Stiglitz poses during a photo session in Paris on September 15, 2022. – AFP
Stiglitz: Oil firms did nothing to deserve windfall profits
PARIS: Nobel laureate economist Joseph Stiglitz says the world’s energy giants should pay a special tax on their massive profits. To him, the companies “didn’t do anything to deserve” the windfall. Oil and gas firms have raked in huge profits this year as energy prices have surged over supply fears after Russia, a major producer of the fossil fuels, invaded Ukraine in late February.“Sometimes we have this discussion: Are profits...
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US targets Russia tech industry, proxies in Ukraine with sanctions
WASHINGTON: The US slapped sanctions Thursday on a long list of Russian officials and companies, ramping up pressure over the invasion of Ukraine and hoping to hobble any attempt to rebuild its heavily damaged defense sector. Top officials overseeing Russian securities markets operations, a neo-Nazi fighter group, Russian and pro-Russian officials in occupied parts of Ukraine, and a children's rights official who allegedly directs the removal of...
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Head of Lebanon’s victorious Mayyas dance troupe chides politicians
The choreographer leading a Lebanese dance troupe that shot to fame by winning the ‘America’s Got Talent’ TV contest castigated Lebanese politicians and called for revolution upon landing back in Beirut Friday. Dozens of relatives offered the Mayyas troupe flowers at Beirut airport while thousands of Lebanese were glued to their televisions to catch a glimpse of the performers who filled them with pride and joy in a country wrecked by...
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Korean cinematic rise years in the making, says ‘Squid Game’ star
Smash hits like “Squid Game” and “Parasite” may make it look easy, but Emmy-winner Lee Jung-jae says South Korean cinema spent years learning how to reach unprecedented global audiences through stories about the competitiveness and violence of modern life. Lee spoke to AFP just days after making history as the first foreign-language performer to win the Emmy for best actor in a drama with “Squid Game”—the most-watched Netflix show...
In this file photo taken on February 8, 1967 members of the Petit Palais Museum reveal the burial mask of the ancient Egyptian Pharaoh Tutankhamun as they open the crates containing the items of the “Tutankhamun treasure exhibition”, in Paris. – AFP photos
Tutankhamun: Egyptians bid to reclaim their history
It's one of the 20th century's most iconic photos: British archaeologist Howard Carter inspecting the sarcophagus of Tutankhamun in 1922 as an Egyptian member of his team crouches nearby shrouded in shadow. It is also an apt metaphor for two centuries of Egyptology, flush with tales of brilliant foreign explorers uncovering the secrets of the Pharaohs, with Egyptians relegated to the background."Egyptians have been written out of the historical...
This picture shows a view of the Rosetta Stone at the British Museum in London. – AFP photos
Lost treasures Egyptians want back
For decades, Egyptians have dreamed of bringing back some of the glories of their ancient civilization scattered across museums and private collections across the world. Now as Cairo gears up to open "the largest archaeological museum in the world" at the foot of the pyramids of Giza in November, Egypt's former antiquities minister Zahi Hawass told AFP that he will soon demand the return of three of its greatest lost treasures:Rosetta StoneThe...
KUWAIT: The National Assembly.
Next Assembly 'must shoulder' responsibility of accountability
By B IzzakKUWAIT: Opposition candidate Saud Al-Asfour, running from the Fifth Constituency, yesterday highly praised the "historical" speech of the Amir delivered on his behalf by Crown Prince Sheikh Mishal Al-Ahmad Al-Sabah on June 22, and described the speech as a "major development in the relations between the ruling family and the constitution".He said the speech and its implications have positively changed the political environment in the...
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Year-on-year increase in Kuwait rental market
KUWAIT: In accordance with the latest issue of the Public Authority of Civil Information's Guide for Buildings and Units, total number of buildings in Kuwait at the end of June 2022 reached 213,000 buildings versus 209,700 buildings at the end of June 2021, achieving a growth rate of 1.6 percent during 12 months, which is higher than the growth rate of 1.2 percent at the end of June 2021 versus June 2020.Buildings are divided into different...
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Through the doors of a Kuwaiti home
KUWAIT: For some, a journey through Kuwait is a reminder of a nostalgic past, partly because some of the building landmarks that dot the landscape carry strong memories. The Abdul Rahman Al-Husainan House in Faiha is one such building that brings back such memories for many people in Kuwait. While on the outset, it looks past its demolishing date with cracked walls and peeling paint spread over its facade, the trademark open air Diwaniya and the...
KUWAIT: Sheikh Talal Al-Khaled inspects procedures at Doha Port.n
Defense Minister inspects Doha port
KUWAIT: The Public Relations department at the Ministry of Interior has announced that the Deputy Prime Minister, Acting Interior Minister, Minister of Defense, Sheikh Talal Al-Khaled along with the head of Kuwait Customs, Sulaiman Al-Fahad among others, have inspected Doha port, where they reviewed procedural operations and ensured the correctness of inspection procedures for inspecting cargo, in order to stop smuggling illegal...
IRBIL: General Consul in Irbil Othman Daoud delivers his credentials to Iraq's Kurdistan president Mesrur Barzani.- KUNA
Kuwait cements ties with Iraq's Kurdistan
IRBIL: A Kuwaiti diplomatic envoy has affirmed that Iraq's Kurdistan Region and Kuwait have been bonded with deep-rooted relations, underlining the desire to enhance these ties further. In a statement to KUNA, Othman Daoud, the General Consul in Irbil, affirmed Kuwait's resolve to serve the two sides' interests and broaden the mutual cooperation, underscoring its humanitarian role in the region in line with guidelines by His Highness the Amir...
GAZIANTEP: Diab Serriya, a founding partner at the 'Association of Detainees and The Missing in Sednaya Prison' (ADMSP), views a computer screen displaying a page on the prison hosted by the website of Amnesty International during an interview at his office in Gaziantep.- AFP
Syrian ex-prisoners haunted by horrors of 'salt rooms'
GAZIANTEP: When a Syrian prison guard tossed him into a dimly-lit room, the inmate Abdo was surprised to find himself standing ankle-deep in what appeared to be salt. On that day in the winter of 2017, the terrified young man had already been locked up for two years in war-torn Syria's largest and most notorious prison, Sednaya.Having been largely deprived of salt all that time in his meagre prison rations, he brought a handful of the coarse...