Saudis reel from austerity drive after oil-rich 'magic decade'

Business May 15, 2020

Saudis reel from austerity drive after oil-rich 'magic decade'

Juggling two mortgages and part-time jobs, Saudi academic Abdullah finally came close to building his own home, but the kingdom's coronavirus-triggered austerity drive has dealt a crushing blow to his dreams. Saudi Arabia has announced a tripling of its value added tax from July and ...

Japan to extend entry ban to Russia and 13 other countries, Abe says

National Apr 27, 2020

Japan to extend entry ban to Russia and 13 other countries, Abe says

Japan will deny entry to foreign travelers from a further 14 countries, including Russia, Saudi Arabia and the United Arab Emirates, strengthening its border controls to contain the spread of the novel coronavirus, Prime Minister Shinzo Abe said. With the ban effective starting Wednesday, people ...

Trump’s push for huge deal to cut oil supply draws disbelief

Business | FOCUS Apr 3, 2020

Trump’s push for huge deal to cut oil supply draws disbelief

With just one tweet, U.S. President Donald Trump conjured up the prospect of a global oil alliance to rescue the industry from the worst shock in history. The question is whether it evaporates just as quickly. After the president’s social-media intervention on Thursday, oil traders ...

World Mar 25, 2020

Istanbul prosecutor indicts Saudi suspects for Khashoggi killing

Istanbul prosecutors said on Wednesday they had prepared an indictment against a close aide to Saudi Arabia's Crown Prince Mohammed bin Salman and a former deputy head of general intelligence over the killing of journalist Jamal Khashoggi. The prosecutor's office accused the two men of ...