Saudi, Egyptian foreign ministers meet to strengthen ties

Foreign Minister Adel Al-Jubeir and his Egyptian counterpart Sameh Shoukry. (SPA file photo)
Updated 05 June 2017
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Saudi, Egyptian foreign ministers meet to strengthen ties

CAIRO: Saudi Arabia’s foreign minister and his Egyptian counterpart on Sunday discussed cooperation in fighting terrorism amid efforts to resolve differences between their two countries on the Syrian and Yemeni conflicts and other regional flashpoints.
In a brief news conference following the meeting, Saudi Foreign Minister Adel Al-Jubeir and Egyptian Foreign Minister Sameh Shoukry said they wanted to strengthen bilateral ties, expand their counterterrorism efforts under the auspices of a new Saudi anti-terrorism center and work with US President Donald Trump, who recently attended a summit in Riyadh.
“The US represented by President Donald Trump has affirmed its commitment to this, and President Trump’s attendance at this historic summit was a very strong indication of the desire of the US to work with Arab and Islamic countries,” Al-Jubeir said.


Oil Updates – crude nudges up after Russia-Ukraine tensions escalate

Updated 8 min 55 sec ago
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Oil Updates – crude nudges up after Russia-Ukraine tensions escalate

SINGAPORE: Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, although concerns about fuel demand in China, the world’s second-largest consumer, and forecasts of a global oil surplus weighed on markets.

Brent crude futures gained 29 cents, or 0.4 percent, to $71.33 a barrel by 8:02 a.m. Saudi time, while US West Texas Intermediate crude futures were at $67.20 a barrel, up 18 cents, or 0.3 percent.

Russia unleashed its largest air strike on Ukraine in almost three months on Sunday, causing severe damage to Ukraine’s power system.

In a significant reversal of Washington’s policy in the Ukraine-Russia conflict, President Joe Biden’s administration has allowed Ukraine to use US-made weapons to strike deep into Russia, two US officials and a source familiar with the decision said on Sunday.

There was no immediate response from the Kremlin, which has warned that it would see a move to loosen the limits on Ukraine’s use of US weapons as a major escalation.

“Biden allowing Ukraine to strike Russian forces around Kursk with long-range missiles might see a geopolitical bid come back into oil as it is an escalation of tensions there, in response to North Korean troops entering the fray,” IG markets analyst Tony Sycamore said.

Saul Kavonic, an energy analyst at MST Marquee, said: “So far there has been little impact on Russian oil exports, but if Ukraine were to target more oil infrastructure that could see oil markets elevate further.”

In Russia, at least three refineries have had to halt processing or cut runs due to heavy losses amid export curbs, rising crude prices and high borrowing costs, according to five industry sources.

Brent and WTI slid more than 3 percent last week on weak data from China and after the International Energy Agency forecasted that global oil supply will exceed demand by more than 1 million barrels per day in 2025 even if cuts remain in place from OPEC+.

China’s refinery throughput fell 4.6 percent in October from last year and as the country’s factory output growth slowed last month, government data showed on Friday.

Investors also fretted over the pace and extent of interest rate cuts by the US Federal Reserve that has created uncertainty in global financial markets.

In the US, the number of operating oil rigs fell by one to 478 last week, the lowest since the week to July 19, Baker Hughes data showed.


KSrelief distributes shelter kits in Afghanistan and Somalia

The initiative is part of the Kingdom’s ongoing humanitarian and relief efforts conducted through KSrelief. (SPA)
Updated 15 min 23 sec ago
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KSrelief distributes shelter kits in Afghanistan and Somalia

RIYADH: Hundreds of shelter kits have been distributed to people in Afghanistan and Somalia by Saudi aid agency KSrelief, reported the Saudi Press Agency.

Over the weekend, 200 kits were handed out as part of a project to help Afghan returnees from Pakistan and those affected by floods.

The project will provide 4,882 in total containing tents, blankets, plastic mattresses and other essential supplies to almost 30,000 people in need across 13 Afghan provinces.

In Somalia, 1,000 shelter kits, 1,000 clothing parcels, and 80 tents were given to displaced people in the Banadir region, benefitting 6,000 people.


Philippines, United States sign military intelligence-sharing deal

Updated 1 min 24 sec ago
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Philippines, United States sign military intelligence-sharing deal

  • Visiting US Defense Secretary LLoyd Austin and his Philippine counterpart, Gilberto Teodoro, signed the agreement
  • The two countries have a mutual defense treaty dating back to 1951

MANILA: The Philippines and the United States signed on Monday a military intelligence-sharing deal in a further deepening of defense ties between the two nations facing common security challenges in the region.

Visiting US Defense Secretary Lloyd Austin signed the agreement with his Philippine counterpart, Gilberto Teodoro, at Manila’s military headquarters where both officials also broke ground for a combined coordination center that will facilitate collaboration between their armed forces.

Called the General Security of Military Information Agreement or GSOMIA, the pact allows both countries to share classified military information securely.

“Not only will this allow the Philippines access to higher capabilities and big-ticket items from the United States, it will also open opportunities to pursue similar agreements with like-minded nations,” said Philippines’ defense ministry spokesperson Arsenio Andolong.

Security engagements between the United States and the Philippines have deepened under President Joe Biden and his Philippine counterpart Ferdinand Marcos Jr, with both leaders keen to counter what they see as China’s aggressive policies in the South China Sea and near Taiwan.

The two countries have a mutual defense treaty dating back to 1951, which could be invoked if either side came under attack, including in the South China Sea.

“I want to start by underscoring our ironclad commitment to the Philippines,” Austin said during the groundbreaking ceremony for the coordination center.

Austin said the coordination center should enable real-time information sharing between the two defense treaty allies and boost interoperability.

It will be a place where our forces can work side by side to respond to regional challenges,” Austin said.

The Philippines has expressed confidence the alliance will remain strong under incoming US president-elect Donald Trump.

Both the Philippines and the United States face increasingly aggressive actions from China in the South China Sea, a conduit for more than $3 trillion in annual ship-borne commerce, which it claims almost entirely as its own.

In 2016 the Permanent Court of Arbitration in the Hague said China’s claims had no legal basis, siding with the Philippines which brought the case.

But China has rejected the ruling, leading to a series of sea and air confrontations with the Philippines that have turned the highly strategic South China Sea into a potential flashpoint between Washington and Beijing.

“The United States’ presence in the Indo Pacific region is essential for maintaining peace and stability in this region,” Teodoro said during the inauguration, echoing previous remarks made by Marcos.


KSrelief distributes aid to most needy in Lebanon, Chad and Syria

The aid is part of the ongoing assistance provided by KSrelief to some of the world’s most in need. (SPA)
Updated 39 min 39 sec ago
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KSrelief distributes aid to most needy in Lebanon, Chad and Syria

RIYADH: Saudi aid agency KSrelief has delivered more aid to those most in need in Lebanon, Chad and Syria, reported the Saudi Press Agency.

In Chari-Baguirmi, Chad, the agency delivered 1,600 food parcels that benefitted 9,600 people. A further 333 food aid parcels and 333 hygiene kits were distributed in the Idlib region of Syria to help 1,998 individuals from 333 families who were affected by last year’s devastating earthquake.

And in Lebanon, winter clothing vouchers were given to 300 orphans and people with special needs in Akkar governorate. These will help them buy clothing for the forthcoming winter.


India’s capital shuts schools because of smog

Updated 59 min 51 sec ago
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India’s capital shuts schools because of smog

  • Authorities hope by keeping children at home via online classes in Indian capital, traffic and pollution will be significantly reduced
  • Levels of PM2.5 pollutants, dangerous cancer-causing microparticles, were recorded 57 times WHO’s recommended daily maximum

NEW DELHI: India’s capital New Delhi switched schools to online classes Monday until further notice because of worsening toxic smog, the latest bid to ease the sprawling megacity’s health crisis.
Levels of PM2.5 pollutants — dangerous cancer-causing microparticles that enter the bloodstream through the lungs — were recorded at 57 times above the World Health Organization’s recommended daily maximum on Sunday evening.
They stood around 39 times above warning limits at dawn on Monday, with a dense grey and acrid smog smothering the city.
The city is blanketed in acrid smog each year, primarily blamed on stubble burning by farmers in neighboring regions to clear their fields for plowing, as well as factories and traffic fumes.
The restrictions were put in place by city authorities “in an effort to prevent further deterioration” of the air quality.
Authorities hope by keeping children at home, traffic will be significantly reduced.
“Physical classes shall be discontinued for all students, apart from Class 10 and 12,” Chief Minister Atishi, who uses one name, said in a statement late Sunday.
Primary schools were already ordered to cease in-person classes on Thursday, with a raft of further restrictions imposed on Monday, including limiting diesel-powered trucks and construction.
The government urged children and the elderly, as well as those with lung or heart issues “to stay indoors as much as possible.”
Many in the city cannot afford air filters, nor do they have homes they can effectively seal from the misery of foul-smelling air blamed for thousands of premature deaths.
The orders came into force on Monday morning.
New Delhi and the surrounding metropolitan area, home to more than 30 million people, consistently tops world rankings for air pollution in winter.
Cooler temperatures and slow-moving winds worsen the situation by trapping deadly pollutants each winter, stretching from mid-October until at least January.
India’s Supreme Court last month ruled that clean air was a fundamental human right, ordering both the central government and state-level authorities to take action.