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China to pay for Russian gas in yuan, rubles: Gazprom
PARIS/MOSCOW: Russia has raked in a whopping 158 billion euros ($158 billion) in energy exports in the six months following its invasion of Ukraine, with the EU accounting for more than half, a think tank said Tuesday. The Centre for Research on Energy and Clean Air called for more effective sanctions against Moscow after the invasion sent oil, gas and coal prices soaring. "Surging fossil fuel prices mean that Russia's current revenue is far...
LONDON: Britain's outgoing Prime Minister Boris Johnson delivers his final speech outside 10 Downing Street in central London on September 6, 2022. - AFP
Outgoing UK PM Johnson promises full backing for Truss
LONDON: Boris Johnson on Tuesday promised unswerving support for his successor Liz Truss, as he left Downing Street for the final time as British prime minister to tender his resignation. Johnson, whose tenure was dominated by Brexit and Covid and cut short by scandal, bid farewell to cheers and applause from supporters before heading for an audience with Queen Elizabeth II.In a typical rhetorical flourish, he likened himself to "one of those...
NEW YORK: USA's Frances Tiafoe reacts during his 2022 US Open match against Spain's Rafael Nadal in New York, on September 5, 2022.
Nadal stunned by Tiafoe at US Open as Alcaraz survives epic
NEW YORK: Rafael Nadal fell to his earliest US Open loss in six years on Monday when he was knocked out by Frances Tiafoe while Carlos Alcaraz survived a five-set epic to reach a second successive quarter-final in a tie which finished at 02:23 am Tuesday. Four-time US Open champion Nadal, bidding for a 23rd Grand Slam title, lost 6-4, 4-6, 6-4, 6-3 in the last-16 to 26th-ranked Tiafoe. The American's big-hitting performance conjured up 18 aces...
Manny Pacquiao
Pacquiao eyes boxing return with Saudi exhibition fight
MANILA: Manny Pacquiao, who retired from boxing last year for a tilt at the Philippines presidency, told AFP on Tuesday that he is considering an exhibition fight in Saudi Arabia in January. The 43-year-old legendary former world champion is to hold talks over a fight against French former sparring partner Jaber Zayani in Riyadh. "We will just start discussions," Pacquiao, who previously ruled out a return to professional boxing, said by...
Dr Humoud Fulaiteh
Kuwait Public Authority for Sport’s Director resigns
KUWAIT: Public Authority for Sport’s Director Dr Humoud Fulaiteh has submitted his resignation letter to Minister of Information and Minister of State for Youth Affairs Abdulrahman Al-Mutairi. The resignation comes days after the Cabinet dissolved the authority’s board to pave the way for the formation of a new one. A new director for the authority is expected to be named soon.
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Kuwait Bay's Ushayrej area becomes ship scrapyard
KUWAIT: The Ushayrej area, located in Kuwait Bay, has become a scrapyard for spare parts for ships especially in the presence of nearby workshops. In the past, the area had a diverse marine life. Rocks from the area were used to construct Kuwaiti dwellings.
Fahad Al-Rajaan
Fahad Al-Rajaan passes away
KUWAIT: Fahad Al-Rajaan, former director of the Public Institution For Social Security, has passed away in London on Tuesday. Rajaan had fled to the UK with his family after facing accusations including embezzlement of public funds, betrayal of public trust and money laundering relating to when he was the head of PIFSS. In 2019, Rajaan and his wife were sentenced to life imprisonment and fined $311 million. An international arrest warrant was...
KUWAIT: His Highness the Prime Minister Sheikh Ahmad Nawaf Al-Ahmad Al-Sabah chairs the Cabinet's meeting. -- KUNA
Kuwait Cabinet reviews progress of mega projects
KUWAIT: During their weekly meeting at Al-Seif Palace and under the chairmanship of His Highness the Prime Minister Sheikh Ahmad Nawaf Al-Ahmad Al-Sabah, the Cabinet reviewed the recommendations of the ministerial committee on mega development projects and the financial affairs.The committee, chaired by Sheikh Talal Khaled Al-Ahmad Al-Sabah, the Deputy Prime Minister, Minister of Defense and Acting Minister of Interior raised suggestions, to...
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Kuwait sets new rules for delivery companies
KUWAIT: The interior ministry announced new regulations for delivery drivers and companies after a meeting with the union of delivery companies. According to the new rules, every deliveryman should have a medical certificate from the nutrition authority; a sticker of the delivery company should be affixed on every delivery vehicle; the driver’s residency must be from the same company; and all drivers must wear a common uniform. The ministry...
KUWAIT: People stand outside the election registration center. -- Photo by Fouad Al-Shaikh
With two days left, Kuwait elections' candidates exceed 340
By B IzzakKUWAIT: As many as 23 new candidates filed their nomination papers yesterday, raising the number of hopefuls for the September 29 elections to 342 with just two days left for registration. The registered candidates include 23 females. Three candidates have withdrawn their candidacy as withdrawals will end on September 22, or seven days before the elections date as per the law. Forty-two members of the 50-member dissolved house have...
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OPEC+ agrees oil output cut to prop up prices
VIENNA: The OPEC+ oil cartel agreed Monday to cut production for the first time in more than a year as it seeks to lift prices that have tumbled due to recession fears. The move could irk the United States as it has pressed the group to increase output in order to bring down energy prices that have fueled decades-high inflation. OPEC+, a 23-nation coalition led by Saudi Arabia and Russia, had agreed to huge cuts in output in 2020 when the COVID...
LONDON: New Conservative Party leader and Britain's Prime Minister-elect Liz Truss delivers a speech at an event to announce the winner of the Conservative Party leadership contest in central London on September 5, 2022. - AFP
Liz Truss named as UK's third woman prime minister
LONDON: Britain's new Conservative leader Liz Truss Monday vowed "bold" action to confront a biting economic crisis as she was confirmed as successor to Prime Minister Boris Johnson after a grueling party contest. The foreign secretary also resisted pressure for a politically perilous early election to confirm her new mandate, vowing to "deliver a great victory for the Conservative party in 2024". Truss beat her rival, former finance minister...