Most analyses of the maelstrom that has wiped trillions off global equity markets and continues to plague financial markets correctly identify the bursting United States housing bubble and associated subprime fallout as the cause of the crisis...The recessionary conditions now...
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Governments have cut interest rates, propped up banks and stepped up state spending to try to spur their economies, but some countries have been forced to turn to the International Monetary Fund (IMF) and other global lenders for help. Brown...
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Gold subscribers to access their existing Netflix subscriptions on their Xbox consoles. Offered at no additional charge to active subscribers of both services, gamers will now be able to watch any of 12,000 online streaming titles. It seems like a...
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The Saudi stock market, the largest in the Arab world, began its trading week on Saturday with a nine percent plunge to sink to its lowest point in four years. The renewed nosedive came as policymakers from Gulf states met...
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Oil prices surged by 12 per cent amid signs that the world’s largest producer, Saudi Arabia, had substantially cut production. In recent days, Saudi Arabia has cut supplies of crude to key customers and is also believed to have slashed...
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Saudi Foreign Minister Saud al-Faisal confirmed for the first time on Tuesday that the kingdom has been sponsoring talks between the Afghan government and the Taliban militia. But Prince Saud warned that any further talks would require a readiness by...
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Saudi Arabia has announced that nearly 1,000 suspects accused of having ties to al Qaeda will soon be tried for carrying out dozens of "acts of war" against the Arab kingdom, according to Saudi media reports on Tuesday. The 991...
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A Saudi court began formal legal proceedings on Monday against around 70 militant suspects ahead of the first trials of al Qaeda sympathisers who waged a campaign of violence in the U.S.-allied monarchy. Security was tight around Riyadh’s general court...
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Asir province and noted the tourism potential of these two particular villages. He also met residents, especially the elderly, and explained how the commission wanted to redevelop their villages in ways that would define the beauty of the region and...
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Saudi Arabia is setting the cornerstone for a new campus at a university exclusively for women. Riyadh's Women's University is designed to become the largest institution for higher education for women in the world and will have the capacity to...
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