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Kuwait better positioned to fight inflation
By Sajeev K PeterKUWAIT: Kuwait and its Gulf neighbors are better positioned to tackle the global phenomenon of the 'cost-of-living crisis' compared to the rest of the world, thanks to bullish oil prices, financial experts told Kuwait Times, predicting the oil market is expected to remain buoyant with crude prices hovering around $100 throughout 2022 and beyond, in the near term."GCC countries are better equipped today to rein in inflation that...
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Kuwait’s Premier League wrap-up
By Abdellatif M SharaaKUWAIT: Arabi and Salmiya football clubs met earlier than scheduled yesterday because Arabi will play an international match on Saturday. The match was different and was filled with action and excitement. Arabi player Ali Khalaf opened the score seven minutes into the match. In the 14th-minute, Arabi’s Mohammad Al-Soula received a pass from Al-Sanousi and was able to score the second goal.Arabi pressed harder in the first...
BASRA: Supporters of Iraqi Shiite cleric Moqtada Sadr are pictured on a road blocked with burning tyres during a demonstration in Iraq's southern city of Basra. - AFP
Iraq political gridlock persists
BAGHDAD: A months-long political crisis in Iraq showed little sign of abating Wednesday despite a fresh push for negotiations after nearly 24 hours of deadly violence between rival Shiite factions ended. Baghdad's highly-secured Green Zone returned to normality after 30 people were killed and 570 wounded in the clashes pitting supporters of powerful Shiite cleric Moqtada Sadr against pro-Iran factions.Since elections in October 2021, political...
A “now hiring” sign is posted at a Home Depot store in San Rafael, California. 
US job growth slows for second straight month in August: Data
WASHINGTON: American employers ratcheted back their hiring in August, which slowed for the second straight month, according to data Wednesday from payroll firm ADP. Private jobs increased by 132,000 this month, less than half the pace of July, when firms hired nearly 270,000 workers, ADP said in its newly revamped survey. The data, coming before Friday's all-important government employment report, could be good news for the Federal Reserve which...
(FILES) In this file photo taken on December 21, 2004 Russian President Vladimir Putin (R) talks to former Soviet President Mikhail Gorbachev (L) prior to a joint press conference of German Chancellor Gerhard Schroeder and Putin at Gottorf castle in Schleswig. - Mikhail Gorbachev, who changed the course of history by triggering the demise of the Soviet Union and was one of the great figures of the 20th century, died in Moscow on August 30, 2022 aged 91. Russian President Vladimir Putin said on August 31, 2022 that Mikhail Gorbachev, made a 'huge impact' on world history. (Photo by Alexander NEMENOV / AFP)
World hails 'one-of-a-kind' ex-Soviet leader Gorbachev
PARIS: World leaders paid tribute to Mikhail Gorbachev, the last leader of the Soviet Union who died Tuesday in Moscow aged 91. The man who played a major role in ending the Cold War was praised for being a "rare leader" who helped change the course of world history.RussiaPresident Vladimir Putin said Gorbachev "was a politician and statesman who had a huge impact on the course of world history," expressing "deepest condolences" to his friends...
JAFFARABAD, Pakistan: Aerial photo shows flood-affected people taking refuge in a makeshift camp after heavy monsoon rains in Jaffarabad district of Balochistan province. – AFP
Misery mounts for millions in Pakistan's 'monsoon on steroids'
MINGORA, Pakistan: Army helicopters flew sorties over cut-off areas in Pakistan's mountainous north Wednesday and rescue parties fanned out across waterlogged plains in the south as misery mounted for millions trapped by the worst floods in the country's history. Monsoon rains have submerged a third of Pakistan, claiming at least 1,160 lives since June and unleashing powerful floods that have washed away swathes of vital crops and damaged or...
FUYANG, China: Employees work on an assembly line producing speakers at a factory in Fuyang city, in China's eastern Anhui province on August 31, 2022. - AFP
China's factory activity contracts for 2nd straight month in August
BEIJING: China's factory activity shrank in August for the second month in a row, official data showed Wednesday, as the sector was hit by strict zero-COVID restrictions and extreme heat. The Purchasing Managers' Index (PMI), a key gauge of manufacturing in the world's second-biggest economy, came in at 49.4, up from July's 49.0 but still below the 50-point mark separating growth from contraction, National Bureau of Statistics (NBS) data...
KUWAIT: Falcons are seen at the falcon market in Rai, where the trained birds of prey have been sold for over 40 years. - Xinhua
Photo of the Day
BEDMINSTER: A pin flag is displayed during the pro-am prior to the LIV Golf Invitational - Bedminster at Trump National Golf Club Bedminster in Bedminster, New Jersey. – AFP
India's top player says 'LIV can be IPL of golf'
NEW DELHI: The breakaway LIV series can do for golf what the IPL did for cricket, India's top player Anirban Lahiri has said after joining the lucrative Saudi-backed tour. The new circuit has sparked a bitter split that threatens to tear golf apart and sparked accusations of "sportswashing" of Saudi Arabia's human rights record.Saudi Arabia has drawn major criticism over the 2018 murder of journalist Jamal Khashoggi and for cracking down on...
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Amazon to unveil its $1bn bet with ‘Lord of the Rings’ prequel launch
Stanley Kubrick once famously said J.R.R. Tolkien’s “The Lord of the Rings” trilogy of novels was unfilmable. It is hard to imagine what the great director would have made of Amazon’s $1 billion gamble on “The Lord of the Rings: The Rings of Power,” a 50-hour television series based on the dry historical footnotes published at the end of book three. The show, out Friday globally on Prime Video, aims to tap into the huge and enduring...
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Tencent buys stake in Japanese gaming firm behind Elden Ring
Chinese gaming giant Tencent has bought a minority stake in Japanese game developer FromSoftware, maker of the smash-hit fantasy title Elden Ring, the Tokyo-based firm said Wednesday. Tencent, the world's largest games publisher by revenue, has performed dismally since Beijing imposed a limit on gameplay for children of three hours per week last year in a bid to stamp out addiction.The number of new video game licenses granted by Chinese...
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Arrests during surprise raid in Salmiya
KUWAIT: Under the direct field supervision of Interior Ministry Undersecretary Lt Gen Anwar Al-Barjas, authorities carried out a surprise security campaign in Salmiya on Tuesday, which resulted in the arrest of many residency violators and wanted persons.Barjas heard from security officials on the plan and deployment of security checkpoints within Hawally governorate. He then inspected surveillance cameras in a number of police stations and...