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Fed maintains funds rate steady
KUWAIT: After its two-day policy meeting, the Federal Open Market Committee unanimously voted to maintain the federal funds rate between 1.00-1.25 percent and initiate the process of unwinding its balance sheet by October as anticipated by markets. The Fed has left its median projection for the Fed funds rate unchanged for 2017 and 2018. This indicates there is still room for one more hike this year and three more to come in 2018 despite the...
TOKYO: Caroline Wozniacki of Denmark poses with the winner's plate after beating Anastasia Pavlyuchenkova of Russia at the Pan Pacific Open tennis tournament in Tokyo, yesterday. - AP
Wozniacki beats Pavlyuchenkova for Pan Pacific title
TOKYO: Caroline Wozniacki of Denmark poses with the winner's plate after beating Anastasia Pavlyuchenkova of Russia at the Pan Pacific Open tennis tournament in Tokyo, yesterday. - APTOKYO: Caroline Wozniacki overwhelmed Russia's Anastasia Pavlyuchenkova 6-0, 7-5 to retain her Pan Pacific Open title yesterday. The victory gives Wozniacki, also champion in Tokyo in 2010, her first title of the year. The Dane had lost all six of her previous...
PARIS: This file photo shows Thibaud Simphal, then General Director of Uber France, posing for pictures at Uber’s French headquarters in Paris.—AFP
600,000 sign petition to overturn London Uber ban
PARIS: This file photo shows Thibaud Simphal, then General Director of Uber France, posing for pictures at Uber’s French headquarters in Paris.—AFPLONDON: More than 600,000 people had by Sunday signed a petition asking London transport authorities to reverse their decision not to renew Uber's license when it expires. Friday's decision to ban the ride-sharing service was "affecting the real lives of a huge number of honest and hard-working...
FLORIDA: In this file photo a loggerhead sea turtle, is released back into the gulf after being treated for pneumonia at Gulf World Marine Institute, in Inlet Beach, Florida. —AP
Huge sea turtles slowly coming back from brink of extinction
FLORIDA: In this file photo a loggerhead sea turtle, is released back into the gulf after being treated for pneumonia at Gulf World Marine Institute, in Inlet Beach, Florida. —APWASHINGTON: Sea turtles are lumbering back from the brink of extinction, a new study says. Scientists found more populations of the large turtles improving than declining when they looked at nearly 60 regions across the globe. That's a big change from a decade or two...
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Fly away with Trussardi in Milan
Trussardi, one of Italy's oldest fashion houses, wants to fly you away with a collection unveiled yesterday that had plenty of abstract aeroplane motifs, clothes that billowed like parachutes and even a few re-imagined pilot jumpsuits. In her notes on the Spring/Summer 2018 designs shown in Milan, creative lead Gaia Trussardi, said the suits "are inspired by the free and enterprising spirit of great female travellers like Amelia Earhart". Never...
KUWAIT: Al-Shaheed Park and other Kuwait City landmarks are seen from inside a high story building in the state's capital. - Photo by Joseph Shagra
Million expats categorized as ‘unidentified laborers’
Nepal arrests man for trafficking victims to Kuwait KUWAIT: Al-Shaheed Park and other Kuwait City landmarks are seen from inside a high story building in the state's capital. - Photo by Joseph ShagraKUWAIT: Government sources closely related to solving the demographical imbalance problem seemed so optimistic that the solution was doable but needs more planning and patience. The sources also stressed that the supreme committee for adjusting the...
A 3-D image showing what the street would look like after the project’s completion.
Project to highlight Kuwait’s beautiful past: Minister
KUWAIT: A Kuwait Municipality team, led by General Director Ahmed Al-Manfouhi pose for a group picture at the project’s site. —KUNAKUWAIT: Minister of Awqaf and Islamic Affairs as well as State Minister for Municipality Affairs Muhammad Al-Jabri praised yesterday the ‘Barayeh Salem’ project in Salmiya which will reflect the country’s beautiful past.In a statement on the beginning of the project’s construction, Al-Jabri said that...
NEW YORK: Representative of His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, His Highness the Prime Minister Sheikh Jaber Mubarak Al-Hamad Al-Sabah addresses the UN General Assembly in New York. —KUNA
Kuwait ready to host Yemenis to sign final agreement: Premier
Iran should adopt serious confidence-building measures NEW YORK: Representative of His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, His Highness the Prime Minister Sheikh Jaber Mubarak Al-Hamad Al-Sabah addresses the UN General Assembly in New York. —KUNANEW YORK: Kuwait is ready to host the Yemeni parties to sign a final peace agreement, extending support to UN efforts to reach a political settlement for the Yemen conflict, a...
NEW YORK: First Deputy Premier and Foreign Minister Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah poses with members of Kuwait’s Mission to the UN. — KUNA
Sheikh Sabah Al-Khaled meets Kuwaiti diplomats
NEW YORK: First Deputy Premier and Foreign Minister Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah poses with members of Kuwait’s Mission to the UN. — KUNANEW YORK: Kuwait's First Deputy Premier and Foreign Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah Friday urged members of Kuwait Mission to the UN to double efforts during the country's non-permanent membership in the UNSC in 2018-19. He made the remarks during a meeting with Kuwaiti diplomats...
KUWAIT: A Saudi national flag is seen hanging in the traditional Mubarakiya Market in Kuwait City yesterday on the anniversary of the founding of the Saudi kingdom. —Photo by Yasser Al-Zayyat
Ambassador releases statement on Saudi Arabia's National Day
Saudi Ambassador to Kuwait - Dr Abdulaziz Al-FayezKUWAIT: Saudi Ambassador to Kuwait Dr Abdulaziz Al-Fayez released the following statement on the occasion of Saudi Arabia's National Day, which fell yesterday:The first day of the Libra horoscope, corresponding to September 23 of each year, brings the memory of a glorious day in our national heritage. The day that crowned the grand national epic with the declaration of the founding King Abdelaziz...
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Over 1,400 citizens hired in past 5 years in KNPC
KUWAIT: Kuwait National Petroleum Company's (KNPC) CEO Mohammad Ghazi Al-Muttairi said that the company had hired over 1,400 citizens over the past five years and stressed that this policy would continue and that the company would never give up on any citizen in the future. In a tweet he recently posted, Mutairi stressed that 89 percent of KNPC's general staff and 92 percent of those in the operations sectors were Kuwaitis, which is the highest...
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Self-immolation reflects how desperate bedoons have become: lawmaker
KUWAIT: MP Dr Humoud Al-Khodair expressed regrets that a bedoon (stateless) man had set himself ablaze recently to highlight the sufferings of stateless people, saying that this calls for immediate solutions to the decades-long problem.A stateless person reportedly set himself on fire outside the Naieem police station on Thursday in a bid to bring attention to the plight of bedoons due to their illegal status. The man survived but was...