News Archives for World - 2022-07-16

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World - 2022-07-16

Europe

Wildfires rage in France and Spain as heatwaves sear Europe

PARIS: Wildfires raged in southwestern France and Spain on Saturday, forcing thousands of people to be evacuated ...

Published 16 Jul, 2022 10:56pm

Europe

Russia says it will ramp up operations as rockets pound Ukraine

KYIV: Russia said on Saturday its forces would step up military operations in Ukraine in "all operational areas" as...

Published 16 Jul, 2022 10:48pm

Energy

OPEC+ will assess oil market and do what is necessary, say Saudi foreign minister

JEDDAH: Saudi Arabia’s foreign minister said a US-Arab summit on Saturday did not discuss oil and that OPEC+ would...

Published 16 Jul, 2022 08:55pm

South Asia

Iran imposes sanctions on 61 Americans as nuclear talks hit impasse

DUBAI: Iran said on Saturday it had imposed sanctions on 61 more Americans, including former secretary of state Mike...

Published 16 Jul, 2022 08:40pm

Middle East

Saudi prince told Biden that US has made mistakes too, Saudi minister says

JEDDAH: Crown Prince Mohammed bin Salman told President Joe Biden that Saudi Arabia had acted to prevent a repeat of...

Published 16 Jul, 2022 07:34pm

USA

Sisi and Biden discuss food security, energy in first meeting

CAIRO: Egyptian President Abdel Fattah al-Sisi discussed food security and disruptions to energy supplies with U.S....

Published 16 Jul, 2022 07:03pm

South Asia

IMF chief sees 'exceptionally uncertain' global outlook, deteriorating debt situation

NUSA DUA: IMF chief Kristalina Georgieva on Saturday warned officials from the Group of 20 major economies to take...

Updated 17 Jul, 2022 10:07am

Middle East

Saudi crown prince says unrealistic energy policies will lead to inflation

JEDDAH: Saudi Arabia’s Crown Prince Mohammed bin Salman, addressing a U.S.-Arab summit, said on Saturday that...

Published 16 Jul, 2022 06:51pm

Europe

G20 finance chiefs resolved on food security; Ukraine war prevents formal communiqué

NUSA DUA: The Group of 20 major economies’ finance chiefs on Saturday pledged to address global food insecurity and...

Published 16 Jul, 2022 06:30pm

USA

Biden invites United Arab Emirates president to US

JEDDAH: US President Joe Biden on Saturday invited his Emirati counterpart, Sheikh Mohamed bin Zayed Al-Nahyan, to...

Published 16 Jul, 2022 06:09pm

USA

US ‘will not walk away’ from Middle East: Biden to Arab leaders

JEDDAH: US President Joe Biden told Arab leaders on Saturday that Washington would remain fully engaged in the...

Published 16 Jul, 2022 05:59pm

Middle East

Saudi prince told Biden that US has made mistakes too, says Saudi official

JEDDAH: Crown Prince Mohammed bin Salman told US President Joe Biden that Saudi Arabia had acted to prevent mistakes...

Published 16 Jul, 2022 04:02pm

USA

Yellen says US aims to move ahead with global minimum corporate tax despite setback

NUSA DUA: The United States will look for every opportunity to move ahead and enact a global minimum corporate tax...

Published 16 Jul, 2022 04:00pm

Middle East

Biden to talk oil at Arab summit concluding Middle East tour

JEDDAH: US President Joe Biden is set to discuss volatile oil prices during a summit with Arab leaders on Saturday...

Updated 16 Jul, 2022 02:24pm

World

The big default? Dozen countries including Pakistan in danger zone

LONDON: Traditional debt crisis signs of crashing currencies, 1,000 basis point bond spreads and burned FX reserves...

Updated 16 Jul, 2022 04:44pm

Europe

G20 finance talks to end without joint communique: officials

BALI: A two-day meeting of G20 finance ministers in Indonesia is expected to end Saturday without a joint...

Published 16 Jul, 2022 12:12pm

Asia

China Covid outbreak grows with millions under lockdown

BEIJING: China on Saturday reported its highest number of coronavirus cases since May, with millions in lockdown...

Published 16 Jul, 2022 11:41am

South Asia

Sri Lanka’s ousted president says he ‘took all possible steps’ to prevent crisis

COLOMBO: Sri Lanka’s ousted president Gotabaya Rajapaksa, who fled overseas this week to escape a popular uprising...

Updated 16 Jul, 2022 01:06pm

World

Elon Musk asks court to delay start of Twitter court battle

SAN FRANCISCO: Tesla chief Elon Musk asked a Delaware court Friday to reject a bid by Twitter to put their $44...

Published 16 Jul, 2022 09:32am

Europe

Russia deploys missiles from Europe’s largest nuclear plant: Ukraine agency

KYIV: Russia is using Europe’s largest nuclear power plant as a base to store weapons including “missile systems”...

Published 16 Jul, 2022 09:26am

World

Two migrants found dead in boat off Canaries

MADRID: Two people, including a four-year-old girl, have been found dead on a migrant boat off Spain’s Canary...