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WASHINGTON: Federal Reserve Board Chairman Jerome Powell speaks during a news conference in Washington. The US Federal Reserve on July 27 again raised the benchmark interest rate by three-quarters of a percentage point in its ongoing battle to tamp down raging price pressures. - AFP

US economy contracts again

WASHINGTON: The US economy contracted for a second straight quarter between April and June, government data showed Thursday, adding fuel to recession fears in a headache for President Joe Biden ahead of midterm elections. Gross domestic product declined at an annual rate of 0.9 percent in the second quarter, following a bigger drop in the first three months of the year, according to the Commerce Department. While not the official definition,...

Facebook-parent Meta posts first-ever revenue drop

SAN FRANCISCO: Facebook-parent Meta reported on Wednesday its first quarterly revenue drop and a plunging profit as the social media powerhouse battles a turbulent economy and the rising phenomenon of TikTok. Meta had long delivered seemingly endless upward growth but after this income miss-and reporting earlier this year its first decline in global daily users-the company sounded a more modest tone. "This is a period that demands more...

ORANIA, South Africa: Francois Joubert, 69 years-old, an engineer who designed the Orasol solar farm, poses at the farm in Orania. - AFP

In energy-starved South Africa, whites-only town basks in solar power

ORANIA, South Africa: Most of South Africa is wallowing in endless power cuts, but a remote whites-only farming town in the country's sun-drenched centre is close to producing enough electricity to be self-sufficient. At the end of a gravel track outside the Afrikaner town of Orania, a diamond mesh gate opens onto hundreds of photovoltaic panels mounted in rows.In energy-starved South Africa, the small settlement of 2,500 people is the only town...

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Huawei releases multitude of flagship products

KUWAIT: Huawei held a Flagship Products Summer Launch Event in Dubai that saw the introduction of incredible cutting-edge devices including the ideal flagship foldable phone HUAWEI Mate Xs 2, a flagship laptop HUAWEI MateBook X Pro, a flagship tablet HUAWEI MatePad Pro, HUAWEI FreeBuds Pro 2 as well as HUAWEI MateBook 16s and HUAWEI MateBook D16. Each one of these devices comes loaded with some innovative features that are set to take the user...

BIRMINGHAM: Britain's Prime Minister Boris Johnson (left) sets off a race between the Commonwealth Games Mascot, Perry The Bull and athletes from Burchfield Harriers on the training track beside Alexander Stadium in Birmingham, central England.- AFP

Commonwealth Games set for glitzy launch in Birmingham

BIRMINGHAM: More than 5,000 athletes are primed for action in the English city of Birmingham from Friday at a Commonwealth Games lacking several track and field stars but still boasting elite performers. Competitors from 72 nations and territories-many of which are former British colonies-will be vying for medals in 19 sports over a jam-packed 11 days in the Midlands.Away from the marquee athletics and swimming events, women's Twenty20 cricket...

PORT OF SPAIN: Members of the India team after winning on the third and final ODI match between West Indies and India at Queens Park Oval in Port of Spain, Trinidad and Tobago, on July 27, 2022. - AFP

Gill, Chahal lead India to series defeat of Windies

PORT OF SPAIN: India underlined their strength in depth with a crushing 119-run victory over the West Indies on the Duckworth Lewis Stern method in the rain-effected third and final One-Day International at Queen's Park Oval in Trinidad. Opening batsman Shubman Gill was left stranded two runs short of a maiden senior international century as rain ended the visitors' innings at 225 for three off 36 batting first.Set a revised target of 257 off 35...

MILTON KEYNES: Germany's striker Alexandra Popp scores her second goal during the UEFA Women's Euro 2022 semi-final football match between Germany and France at the Stadium MK, in Milton Keynes, on July 27, 2022. - AFP

Prolific Popp sends Germany into Euro 2022 final against England

MILTON KEYNES: Germany captain Alexandra Popp said she is savoring a starring role at Euro 2022 all the more following years of injury struggles after scoring twice beat France 2-1 in Wednesday's semi-final. Popp's side will face hosts England in front of an expected record crowd for a women's Euro match of 87,000 at Wembley on Sunday. Just making it to the Euro was a success for the Wolfsburg striker after missing the two previous European...

SILVERSTONE: In this file photo, Aston Martin's German driver Sebastian Vettel waves to fans as he arrives ahead of the Formula One British Grand Prix at the Silverstone motor racing circuit in Silverstone, central England. - AFP

4-time world champion Vettel to retire from F1

LONDON: Four-time Formula One world champion Sebastian Vettel will retire at the end of the 2022 season, he announced on Thursday. "The decision to retire has been a difficult one for me to take, and I have spent a lot of time thinking about it," Vettel, 35, said in an Aston Martin team statement. "At the end of the year I want to take some more time to reflect on what I will focus on next; it is very clear to me that, being a father, I want to...

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Committee to look into new proposals

KUWAIT: Official sources said a ministerial committee has been asked to look into several proposed laws that were submitted by members of parliament, as well as other government proposals on how to deal with the large number of expatriates in Kuwait. The committee is expected to study and make recommendations which will be presented to the National Assembly. The recommendations are expected to change Kuwait's population structure.Sources said...

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Spokesman: EU wants to enhance ties with Saudi Arabia, GCC countries

BRUSSELS: The European Union seeks to enhance relations with Saudi Arabia and other member states of the Gulf Cooperation Council (GCC), EU Lead Spokesperson for Foreign Affairs and Security Policy, Peter Stano, told a news conference in Brussels Thursday. "The European Union, Saudi Arabia, and all countries of the Gulf Cooperation Council share the interest to develop this relation, our cooperation," he emphasized. Stano recalled the EU's...

VIENNA: Serbian President Aleksandar Vucic meets Kuwait's outgoing Ambassador to Serbia Youssef Ahmad Abdulsamad. - KUNA

Serbian President praises good relations with Kuwait

VIENNA: Serbian President Aleksandar Vucic lauded the good relations that bind his country to the State of Kuwait. Vucic made the remark while welcoming Kuwait's outgoing Ambassador to Serbia Youssef Ahmad Abdulsamad in Belgrade, commending his personal contributions during his tenure to strengthening and developing relations between Kuwait and Serbia in various fields.The Kuwaiti embassy in Serbia said that both sides expressed, during their...

NEW YORK: Kuwait's permanent representative to the United Nations Mansour Al-Otaibi speaks during a Security Council debate on the Middle East situation. - KUNA

Kuwait reiterates condemnation of repeated violations on Al-Aqsa

NEW YORK: Kuwait reiterated on Wednesday its strong condemnation and denunciation of the "repeated violations" on Al-Aqsa Mosque, deeming these acts a provocation to the feelings of Muslims worldwide and an explicit threat to the freedom to worship. "These events, in addition to being a continuous episode of a series of flagrant violations of all international conventions and resolutions, are also considered a spur to destroy the pillars of...

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Interior of a modern warehouse storage of retail shop with pallet truck near shelves

Kuwait importers worry over new customs regulations, extra costs

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Australia OKs world’s ‘largest’ solar power hub

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PIFSS denies newspapers and social media reports

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Group Photo of KFH summer program students with the Kuwait Times and Kuwait News team.

KFH students explore Kuwait Times and Kuwait News

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GAZA: A Palestinian child injured in a Zionist strike reacts as she is carried to Nasser Medical Complex in Khan Yunis in the southern Gaza Strip on Aug 21, 2024. - AFP

Zionists kill dozens in Gaza