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MEXICO CITY: File photo taken on October 26, 2019 Ferrari’s German driver Sebastian Vettel waves after finishing on third position during the F1 Mexico Grand Prix qualifying session at the Hermanos Rodriguez circuit in Mexico City. Vettel will leave Ferrari at the end of the 2020 season, AFP reports on May 12, 2020. —AFP
Vettel to quit Ferrari at end of season after contract talks break down
MEXICO CITY: File photo taken on October 26, 2019 Ferrari’s German driver Sebastian Vettel waves after finishing on third position during the F1 Mexico Grand Prix qualifying session at the Hermanos Rodriguez circuit in Mexico City. Vettel will leave Ferrari at the end of the 2020 season, AFP reports on May 12, 2020. —AFP PARIS: Four-time Formula One world champion Sebastian Vettel on Tuesday announced his dramatic departure from Ferrari at...
BERLIN: File photo taken on March 11, 2020 shows Moenchengladbach's Swiss forward Breel Embolo celebrates scoring the opening goal during the German first division Bundesliga football match. The Bundesliga resumes with strict sanitary rules for players and spectators that could inspire other countries amid the pandemic of the novel coronavirus (COVID-19). – AFP
With little competition, the Bundesliga goes global
BERLIN: File photo taken on March 11, 2020 shows Moenchengladbach's Swiss forward Breel Embolo celebrates scoring the opening goal during the German first division Bundesliga football match. The Bundesliga resumes with strict sanitary rules for players and spectators that could inspire other countries amid the pandemic of the novel coronavirus (COVID-19). – AFP PARIS: German football will find itself in an unaccustomed global spotlight this...
(LIVERPOOL: File photo shows a television camera operator films Liverpool's German manager Jurgen Klopp following the English Premier League football match between Liverpool and Arsenal at Anfield. Premier League clubs face having to pay a huge refund to broadcasters even if they manage to complete the coronavirus-disrupted season behind closed doors. Broadcasters would be reimbursed for matches not being played as scheduled and the lack of atmosphere in empty stadiums is also a factor. – AFP
EPL players face strict new training protocols
(LIVERPOOL: File photo shows a television camera operator films Liverpool's German manager Jurgen Klopp following the English Premier League football match between Liverpool and Arsenal at Anfield. Premier League clubs face having to pay a huge refund to broadcasters even if they manage to complete the coronavirus-disrupted season behind closed doors. Broadcasters would be reimbursed for matches not being played as scheduled and the lack of...
BEIJING: An uptick in industrial production and adverse weather patterns have worsened air pollution in April. Electricity production was up 1.2 percent in April. – Reuters
China smog returns as factories reopen
BEIJING: An uptick in industrial production and adverse weather patterns have worsened air pollution in April. Electricity production was up 1.2 percent in April. – Reuters BEIJING: The coronavirus pandemic had cleared smog from China's skies for months, but air pollution has returned with a vengeance as factories rush to ramp up output after going idle during the outbreak.Levels of toxic pollutants including nitrogen dioxide and tiny...
LONDON: Pedestrians walks across London Bridge in central London yesterday, as people start to return to work after COVID-19 lockdown restrictions were eased. —AFP
Britain’s COVID-19 death toll tops 40,000, worst in Europe
LONDON: Pedestrians walks across London Bridge in central London yesterday, as people start to return to work after COVID-19 lockdown restrictions were eased. —AFP LONDON: The United Kingdom’s COVID-19 death toll now exceeds 40,000, by far the worst yet reported in Europe, raising more questions about Prime Minister Boris Johnson’s handling of the coronavirus crisis.Figures published by the Office for National Statistics for England and...
WASHINGTON, DC: White House Economic Council Director Larry Kudlow talks to reporters wearing face masks outside the White House on the morning that the Labor Department announced that more than 20 million people lost their jobs in April due to the novel coronavirus pandemic in Washington, DC. —AFP
COVID-19 crisis fuels largest US price decline since 2008
WASHINGTON, DC: White House Economic Council Director Larry Kudlow talks to reporters wearing face masks outside the White House on the morning that the Labor Department announced that more than 20 million people lost their jobs in April due to the novel coronavirus pandemic in Washington, DC. —AFP WASHINGTON: US consumer prices dropped by the most since the Great Recession in April, weighed down by a plunge in demand for gasoline and...
A handout picture provided by Energy giant Saudi Aramco, Saudi Arabia's state-owned oil and gas company, shows its Rig SAR 154, in eastern Saudi Arabia. – AFP
Saudi austerity drive squeezes private sector
A handout picture provided by Energy giant Saudi Aramco, Saudi Arabia's state-owned oil and gas company, shows its Rig SAR 154, in eastern Saudi Arabia. – AFP RIYADH/DUBAI: Saudi Arabia's austerity drive will squeeze a private sector vital to its plan to diversify away from oil and the kingdom may see its spending power shrink.Several businessmen and economists said the tripling of value added tax (VAT) and suspension of a cost of living...
LONDON: A handout image released by 10 Downing Street, shows Britain’s International Trade Secretary Liz Truss (second left) during a video conference call with US trade representative Robert Lighthizer during UK-US trade talks, in the Foreign Office in London. — AFP
EU seeks trade truce with US amid crisis
LONDON: A handout image released by 10 Downing Street, shows Britain’s International Trade Secretary Liz Truss (second left) during a video conference call with US trade representative Robert Lighthizer during UK-US trade talks, in the Foreign Office in London. — AFP BRUSSELS: The EU’s top trade official hopes the economic fallout of the coronavirus pandemic will spur efforts to heal US trade ties, bogged down in a tit-for-tat tariff feud....
WASHINGTON: International Monetary Fund Managing Director Kristalina Georgieva says it is “very likely” the Fund would cut global growth forecasts further as the coronavirus pandemic was hitting many economies harder than previously projected.
IMF chief says world growth forecast cuts ‘very likely’
WASHINGTON: International Monetary Fund Managing Director Kristalina Georgieva says it is “very likely” the Fund would cut global growth forecasts further as the coronavirus pandemic was hitting many economies harder than previously projected. WASHINGTON: International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday it was “very likely” the Fund would cut global growth forecasts further as the coronavirus pandemic...
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Some 366 citizens cross border with Saudi Arabia: Kuwait FM
KUWAIT: Kuwait Foreign Minister Sheikh Dr Ahmad Nasser Mohammad Al-Sabah said some 366 citizens have crossed Nuwaiseeb border crossing from Saudi Arabia on Tuesday, marking the start of land repatriation. Sheikh Ahmad, at an online news conference, said there were 4,117 citizens who registered in the ‘With You’ platform, a tool designed to facilitate return of nationals. The government launched the platform, withyou.e.gov.kw, for citizens...
NEW JALPAIGURI: Passengers sit in marked circles to maintain social distancing as they wait for the train to arrive at New Jalpaiguri railway station on the outskirts of Siliguri yesterday. —AFP
India unveils stimulus package
NEW JALPAIGURI: Passengers sit in marked circles to maintain social distancing as they wait for the train to arrive at New Jalpaiguri railway station on the outskirts of Siliguri yesterday. —AFP NEW DELHI: India’s Prime Minister Narendra Modi has unveiled a stimulus package worth 10 percent of the country’s GDP to boost laborers and small businesses as the economy reels from the coronavirus pandemic and a weeks-long lockdown. The...
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Burj turned into charity box: Gulf cases pass 100K
DUBAI: A handout image made available yesterday shows Burj Khalifa during a light show to mark the ‘10 million meals’ COVID-19 campaign. – AFP DUBAI: The world's tallest building, Dubai's 828-metre Burj Khalifa, has become a glowing charity donation box, raising money for food for United Arab Emirates residents suffering the economic impact of the new coronavirus pandemic. Each of the tower's 1.2 million external lights was 'sold' for 10...
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Dr Anwar Al-Mudhaf
No wage cuts despite deficits
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The treasure beneath our seas
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KUWAIT: Health Minister, Dr Ahmed Al-Awadhi holds talks with officials. - KUNA
Ministry of Health boosts efficiency
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GAZA: A Palestinian child is comforted near a body bag following Zionist bombardment at Al-Ahli Arab Baptist Hospital in Gaza City on July 4, 2024. - AFP
Hezb rains rockets on Zionists as Gaza martyrs top 38,000
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Kuwait’s Minister of Finance and Minister of State for Economic and Investment Affairs Dr. Anwar Al-Mudhaf
Projected revenues top KD 18.9 bln in FY ‘24-25 budget—Finance min