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TOKYO, Japan: An electronic quotation board displays the share price of the Tokyo Stock Exchange (top right) at a foreign exchange brokerage in Tokyo on September 1, 2022. – AFP
Oil prices continue to decline amid global recession fears
LONDON: Oil prices continued to slide on Thursday on demand concerns as China, the world's second-largest economy and the top importer of fuel, went on enforcing strict COVID-19 related restrictions amid an increase in the number of infections in the country.Meanwhile, global stock markets sank Thursday, propelled by rampant inflation and growing recession fears. Frankfurt, London and Paris equities each slid about 1.5 percent. That followed...
COLOMBO, Sri Lanka: This handout photograph taken and released on September 1, 2022 by Sri Lanka President's Office shows Sri Lanka's President Ranil Wickremesinghe (right) meeting with the senior mission chief for Sri Lanka of the International Monetary Fund (IMF) Peter Breuer (second left) in Colombo. - AFP
IMF agrees to conditional $2.9bn bailout for bankrupt Sri Lanka
COLOMBO: Bankrupt Sri Lanka will receive a conditional $2.9 billion bailout, the International Monetary Fund said Thursday, following a bruising economic crisis that saw the island nation's president chased from the country. Months of acute food, fuel and medicine shortages, extended blackouts and runaway inflation have plagued the country after it ran out of dollars to finance even the most essential imports.The country has defaulted on its $51...
GENERAL LUNA, Philippines: In this photo taken on December 29, 2021, young residents carrying their surf boards, walk past houses destroyed by super Typhoon Rai, as they head for the beach in General Luna town, Siargao island, more than a week after the super typhoon devastated the island. - AFP
Greenhouse gas, sea levels at record in 2021: US agency
WASHINGTON: Earth's concentration of greenhouse gases and sea levels hit new highs in 2021, a US government report said Wednesday, showing that climate change keeps surging ahead despite renewed efforts to curb emissions. "The data presented in this report are clear-we continue to see more compelling scientific evidence that climate change has global impacts and shows no sign of slowing," said Rick Spinrad, administrator of the National Oceanic...
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French rapper arrested for kicking his dog on Snapchat
French rapper Timal was arrested east of Paris on Wednesday after posting a video to Snapchat showing him kicking a dog, police and prosecutors told AFP. The clip showed the 25-year-old musician, real name Ruben Louis, kicking one of his two dogs three times around the head, and bore the caption "you moron".Timal was arrested on Wednesday morning in Champs-sur-Marne and his two dogs confiscated, prosecutors in nearby Meaux said, adding that he...
Dutchwoman Lotte de Beer, the new director of the Vienna Volksoper opera house, poses for pictures in Vienna, Austria.- AFP photos
De Beer becomes first female director of Vienna's Volksoper
Dutch opera director Lotte de Beer takes over on Thursday as artistic director of the Volksoper opera house in Vienna, the first woman to hold the post. De Beer, 41, won the International Opera Award in the Newcomer category in 2015 and has been sought after ever since. She co-founded Amsterdam company Operafront, which seeks to introduce opera to young people, and told AFP in 2021 she hoped to use her five-year stint at the helm of the Volksoper...
Horse-Drawn carriage driver Christina Hansen rides her carriage through the borough of Manhattan.- AFP photos
End of the road for New York's horse-drawn carriages?
A charming, must-do tourist attraction or a cruel, outdated commercial activity? New York's horse-drawn carriages have operated since the 1800s, but lawmakers now want to replace them with electric vehicles. For some, the equine-driven rides around Central Park are part of the fabric of the Big Apple, like yellow taxis and Broadway shows. But for others, the horses-for-hire are not in keeping with the ethos of a leading progressive city in 21st...
Revelers covered in tomato pulp take part in the annual “Tomatina” festival in the eastern town of Bunol. — AFP n
Spain's tomato food fight fiesta returns after pandemic
[video width="1920" height="1080" mp4="https://www.kuwaittimes.com/wp-content/uploads/2022/09/32HE7PW-mmv_1920x1080i25.mp4"][/video] Thousands of revelers splattered each other with tomatoes on Wednesday in the Spanish town of Bunol celebrating the return of the annual "Tomatina" food fight after a two-year absence due to the COVID pandemic. A convoy of six trucks carrying 130 tons of ripe tomatoes rolled through the eastern town's narrow...
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Customs issues weapons warning
KUWAIT: Kuwait Customs displayed a variety of weapons that were brought in by airline passengers and air cargo. "We will not allow any violations or smuggling of any type, as our employees will exert all efforts to prevent the entry of illegal weapons through any point of entry," acting Head of Kuwait Customs Sulaiman Al-Fahad said. "The weapons were seized from travelers, as well as from air cargo shipments. They were transferred to the ministry...
A handout picture released by the Saudi interior ministry on August 31, 2022 shows handcuffed suspects and bags of amphetamine pills on display at a warehouse in a undisclosed location. – AFP
Saudi seizes 47m meth pills in record haul
RIYADH: Saudi officers thwarted an attempt to smuggle 47 million amphetamine pills into the country, state media reported Wednesday, describing it as the largest ever drug trafficking operation in the kingdom. Six Syrians and two Pakistanis were arrested in a raid after the pills, concealed in a flour shipment, arrived at a dry port in the capital Riyadh and were taken to a warehouse, the Saudi Press Agency said.A spokesman for the Saudi General...
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Turkish Embassy marks Victory Day, hails relations with Kuwait
By Faten OmarKUWAIT: The Turkish Embassy in Kuwait marked on Tuesday the 100th anniversary of Victory Day in the presence of senior diplomats, military attaches, envoys, Turkish citizens and other dignitaries. The Turkish Embassy representative said in a speech that Turkey is celebrating the 100th anniversary of a great victory, which is one of the cornerstones of our centuries-old history, praising relations between Turkey and Kuwait have...
Kuwait Red Crescent Society delivers aid to flood-hit people in Sudan. - KUNA
Kuwait delivers aid to flood-hit areas in Sudan
KHARTOUM: Kuwait Red Crescent Society (KRCS) has started the delivery of humanitarian aid to 1,000 Sudanese families affected by the latest flash floods. "We have already started sending relief, food and sanitary aid in the hard-hit state of Gezira," said Anwar Al-Hassawi, Vice Chairman of KRCS. He added that the charity initiatives would be extended to other affected provinces as well and aid would be dispatched in the order of those in dire...
WASHINGTON: Kuwait's Ambassador to the US Jasem Al-Budaiwi poses for a photo with US Department of Defense Principal Deputy Assistant Secretary for International Security Affairs Ilan Goldenberg, Deputy Assistant Secretary of State Daniel Benaim, US Special Envoy for Yemen Timothy Lenderking and National Council on US-Arab Relations Founding President and CEO John Duke Anthony. - KUNA
US hails Kuwait as beacon for stability in Middle East
WASHINGTON: US Department of Defense Principal Deputy Assistant Secretary for International Security Affairs Ilan Goldenberg has affirmed that the US "stands firmly committed to the defense of Kuwait, something that has been the keystone of our relationship". In remarks at a reception hosted by the National Council on US-Arab Relations (NCUSAR) on behalf of Kuwait's Ambassador to the US Jasem Al-Budaiwi Tuesday, Goldenberg said that "Kuwait...