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Turkish threat looms as Syria 'safe zone' deadline expires
Ankara impatient in Syria, but wary of angering Washington ANKARA: Turkish President Recep Tayyip Erdogan delivers a speech during the opening of the third legislative session of the Turkish parliamentís 27th term yesterday at the Grand National Assembly of Turkey. — AFP ISTANBUL: Turkey's deadline to jointly establish a "safe zone" with the United States in northern Syria by the end of September has passed, leaving the threat of unilateral...
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Outcry as Pakistan appoints new ambassador to United Nations
ISLAMABAD: A decision by Pakistan to appoint a former diplomat as its ambassador to the United Nations has sparked criticism over his alleged involvement in a domestic violence dispute in 2002. Munir Akram "has been appointed as Permanent Representative of Pakistan to the United Nations in New York, in place of Dr Maleeha Lodhi," the country's ministry of foreign affairs said in a statement late Monday. Akram served a previous stint in the post...
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Migrants protest conditions on Greek isle of Lesbos
'Moria is hell, a jungle, a cemetery' MORIA: Around a thousand migrants staged a fresh protest yesterday in Europe's largest migrant camp on the Greek island of Lesbos, two days after a deadly fire at the vastly overcrowded facility. A procession made up mainly of women and children, with some elderly people, left Moria camp walking towards the port of Mytilene, with demonstrators shouting slogans. But police road-block stopped them half-way to...
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India's monsoon leaves more than 1,600 dead
NEW DELHI: The heaviest monsoon rains to lash India in 25 years have killed more than 1,600 people since June, government data showed yesterday, as authorities battled floods in two northern states and muddy waters swirled inside a major city. The monsoon, which typically lasts between June and September, has already delivered 10% more rain than a 50-year average, and is expected to withdraw only after early October, more than a month later than...
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NBK bags 'Best Corporate for Investor Relations' in Kuwait award for 2019
Hanna: Transparency and commitment helped build NBK's successful communication model Amir Hanna KUWAIT: The National Bank of Kuwait (NBK) was awarded "Best Corporate for Investor Relations" in Kuwait for 2019 by the Middle East Investor Relations Association (MEIRA). MEIRA also awarded Head of Investor Relations at NBK, Amir Hanna, and "Best Investor Relations Professional" in Kuwait. The awards were presented during MEIRA Annual Conference (11th...
KIB Chairman Sheikh Mohammed Jarrah Al-Sabah
Fitch affirms KIB's long-term IDR at A+ with a stable outlook
KUWAIT: Fitch Ratings London, one of the leading global credit ratings agencies, has reaffirmed Kuwait International Bank's Long-term Issuer Default Rating (IDR) at 'A+' and affirmed viability rating (VR) at "bb-" with a stable outlook on 30 September 2019. The stable outlook on KIB's Long-term IDR reflects the outlook on the Kuwaiti sovereign rating. According to Fitch, KIB continues to benefit from a fairly stable operating environment in...
Ren Zhengfei
Huawei founder: AI will change how international community develops
Zhengfei hosts Kaplan, Cochrane OBE, and Wenlin in an open dialogue on innovation, rules, and trust Ren Zhengfei KUWAIT: Ren Zhengfei, CEO and founder of Huawei, hosted an open discussion alongside other prominent guests examining the role of innovation and trust in the future of the information, communication and technology (ICT) sector. He stated that technology will continue evolving in an unpredictable manner and emphasized that there was no...
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Is red meat still unhealthy? maybe not, after all, says study
WASHINGTON: Cutting back on red meat is standard medical advice to prevent cancer and heart disease -- but a review of dozens of studies has concluded that the potential risk is low and evidence uncertain. In new guidelines published yesterday in the Annals of Internal Medicine, a panel of researchers from seven countries suggested that "adults continue current unprocessed red meat consumption." The advice -- which immediately drew a sharp...
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McCartney's plea for planet after deal with fashion's richest man
British designer Stella McCartney pleaded for fashion to "wake up" and help save the planet Monday after her first Paris show as part of the industry's biggest luxury conglomerate. "The world is crying out for change and it is our responsibility to act now," said the creator, whose label is a pioneer of ethical fashion. "We aren't perfect… and like all businesses, we are part of the problem," McCartney admitted. "But we are pushing the...
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Asia's top film festival opens in shadow of 'Parasite'
Organizers of Asia's top film festival, which opens in Busan this week, warn that a surge of global interest in the critically acclaimed South Korean movie "Parasite" masks a damaging underinvestment in local independent cinema. Bong Joon-ho's darkly comic tale of class war in the Seoul suburbs won the Palme D'or for best film at Cannes and is firming as an Oscar favorite next year, in what would be the first ever win for a Korean film. It has...
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Swiss chocolatier Callebaut all-in on cacao
Swiss chocolatier Barry Callebaut on Friday unveiled a new formulation that packs in the parts of the cacao fruit it used to toss away, taking aim at younger generations. As modern consumers seek whole grains, less sugar, more nutrients and less harm to the environment, one of the world's biggest chocolate makers is playing to the trend with products based on a recipe using 100 percent of the cacao fruit, not just the seeds. "Millennials and...
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Pakistan beat S Lanka in historic Karachi ODI, take series lead
KARACHI: Pakistan rode on a brilliant century from Babar Azam and fast bowler Usman Shinwari's five wickets to beat Sri Lanka by 67 runs in the second day-night international on Monday as Karachi staged its first ODI in a decade. Azam, currently one of the best batsmen in limited overs cricket, smashed a solid 105-ball 115 to lift Pakistan to 305-7 after the home team won the toss and batted. Shinwari then knocked off the top-order in figures of...