Saudi King and Crown Prince Condole Kuwait
In a heartfelt gesture of solidarity, Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman expressed their deepest condolences to the Emir of Kuwait on Monday following the passing of Sheikh More »
Putin and Abbas Discuss Gaza Crisis
Russian President Vladimir Putin is set to meet with Palestinian President Mahmoud Abbas on Tuesday during Abbas’ visit to Russia. Arriving on Monday, Abbas aims to discuss the ongoing Gaza conflict with More »
Saudi Arabia Voices Strong Support for Gaza Peace Initiatives
Saudi Arabia has firmly aligned itself with the recent joint statement made by President Joe Biden of the United States, President Abdel Fattah El-Sisi of Egypt, and Sheikh Tamim bin Hamad Al-Thani, More »
Saudi Crown Prince, US Secretary of Defense discuss troop deployment
:: Saudi Arabia’s Crown Prince Mohammed bin Salman received a phone call on Wednesday from the US Secretary of Defense during which they discussed ongoing arrangements to send US troops of a More »
Saudi Energy Minister confirms restoration of Kingdom’s gas production capacity
:: Saudi Arabia’s Minister of Energy confirmed on Wednesday the restoration of production capacity, affirming the Kingdom’s position as a reliable energy supplier in the global market. The energy minister, Prince Abdulaziz More »
Tag Archives: FINANCIAL CRISIS
The lost lesson of the financial crisis
By : Mohamed A. El-Erian :: Ten years ago this month, the French bank BNP Paribas decided to limit investors’ access to the money they had deposited in three funds. It was the first loud signal of the financial stress
US banks’ Trump card – rolling back banking regulations?
By : Dr. Mohamed A. Ramady :: The 2008-09 global financial crisis tsunami, triggered by excessive banking risk taking in derivative and leveraged financial services which bankrupted not only banks but countries, brought about wide ranging regulations to ensure that
Iraq Kurd police arrest 13 teachers ahead of demo
Iraqi Kurdish PUK authorities in the city of Sulaimani arrested 13 teachers on Thursday, police said, ahead of a demonstration over unpaid public sector salaries. Police spokesman Sarkawt Ahmed confirmed 13 arrests, but without giving the circumstances. Sulaimani province is
China is not collapsing
By : Anatole Kaletsky One question has dominated the International Monetary Fund’s annual meeting this year in Peru: Will China’s economic downturn trigger a new financial crisis just as the world is putting the last one to bed? But the
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