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UAE warns Saudi Aramco attacks can dangerously escalate
The attacks carried out on Saudi Arabian oil plants are a dangerous escalation and the international community should stand by Riyadh to ensure regional stability, a senior United Arab Emirates official said on Tuesday.
Saudi Arabia said that initial findings indicated that the weekend attacks which had cut half of the Kingdom’s crude export were carried out by Iranian weapons. U.S. President Donald Trump blamed Iran for the attacks in which Iran denied.
Riyadh said it was capable of responding forcefully and urged U.N. to help investigate the situation.
Houthi, Yemen’s Iran-aligned group claimed the attacks and Iranian President Hassan Routhani said the strikes were carried out by “Yemeni people” retaliating for attacks by a Saudi-led military coalition in the four years of war with the Houthis.
On Tuesday, United States Federal Reserve officials warned a "thick fog of uncertainty" on the U.S. economy as it slowly recovers amid the surge in coronavirus cases. The U.S. central bank stated that the pandemic's second wave would cause ...
Britain’s retail industry encouraged UK and EU negotiators to arrive at a post-Brexit trade deal. This came after the retail industry stated that consumers will endure higher prices from next year if a tariff-free trade is not guaranteed. Thousands ...
On Wednesday, Bursa Malaysia (KLSE) suspended public trading for low-cost carrier AirAsia Group Berhad (AIRA.KL) after an Ernst & Young external auditor gave an opinion about the airline’s ability to continue as a standing concern. “The ...
On Wednesday, Ryanair's (RYA.I) Chief Executive Officer Michael Kevin O'Leary announced that around 3,500 jobs would be slashed at the airline unless it could agree on a series of pay cuts with staff. The warning came after the company resumed ...
The Dollar fell on Friday morning, losing some of its gains from the day before. Investor fears mounted as tensions escalated between the U.S. and China after U.S. President Donald Trump signaled in an interview the night before that he might ...
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