Obama congratulates Kuwait for being an ‘outstanding host’ for US military during Iraq warWASHINGTON — President Barack Obama said Monday that Kuwait has been an outstanding host for U.S. military stationed there since the beginning of the war in Iraq and that he looks forward to even stronger relations with the Persian Gulf ally. Kuwaitis alarmed by Iraq’s attempts to avoid paying war reparations from 1990 invasionKUWAIT CITY — Iraq’s recent efforts to avoid paying Kuwait some $25 billion in U.N.-mandated reparations for Saddam Hussein’s 1990 invasion have alarmed Kuwaitis and strained relations that have slowly improved since the fall of the Iraqi dictator. Britain says it will temporarily withdraw forces from Iraq as parliament didn’t extend mandateBAGHDAD — Britain will withdraw its remaining forces from Iraq to Kuwait by the end of the month because the Iraqi parliament failed to pass a deal allowing them to stay to protect oil platforms and provide training, a spokesman said Tuesday. Kuwait security official: Businessman charged with fraud in the United States commits suicideKUWAIT CITY — A Kuwaiti businessman linked to Citigroup and charged in the United States with fraud committed suicide Sunday, a security official said. Iraq’s prime minister urges UN to cancel Saddam era sanctions and resolutionsUNITED NATIONS — Iraq’s prime minister urged the U.N. Security Council’s most powerful members on Wednesday to cancel all sanctions and resolutions adopted after Saddam Hussein’s 1990 invasion of Kuwait, saying Iraq is now a democracy that poses no threat to international peace and security. Homeland Sec’y Napolitano heading to Europe, Kuwait for meetings on counterterrorismWASHINGTON — Homeland Security Secretary Janet Napolitano leaves this weekend for meetings with officials in Europe and Kuwait on counterterrorism issues. Iraq says it’s successfully filling security vacuum as US troops withdraw from citiesUNITED NATIONS — Iraqi forces are successfully filling the security vacuum as U.S. combat troops withdraw from Iraqi cities ahead of a June 30 deadline, Iraq’s U.N. envoy said Thursday. Kuwaiti emir pardons Filipino maid convicted of murdering employer’s sonMANILA, Philippines — The ruler of Kuwait has pardoned a Filipino maid who was convicted of murdering her employer’s 7-year-old son, and she will soon be allowed to return home to her family, the Philippine the vice president said Thursday. Kuwait’s Central Bank cuts discount rate by 50 basis points, second reduction since AprilKUWAIT CITY — The official Kuwait News Agency says the oil-rich country’s central bank has cut discount rate by 50 basis points to 3 percent. Report: China-Kuwait ink $9 billion oil refinery deal, said China’s largest joint ventureSHANGHAI — China and Kuwait have signed a long-awaited agreement on a $9 billion oil refinery in southern China’s Guangdong province, said to be the country’s largest such venture so far. Ala. Army officer accused in $2.8M bribery scheme with Georgia firm supplying Iraq, KuwaitBIRMINGHAM, Ala. — An Alabama Army major and his wife are accused of taking $2.8 million in bribes from a Georgia contractor who received about $21 million for delivering bottled water and building fences in Kuwait and Iraq. FIFA official says Asian soccer chief acting like lunatic crime boss ahead of key electionKUALA LUMPUR, Malaysia — The enmity between the two most powerful men in Asian soccer plunged into new depths Thursday when FIFA’s vice president said his rival was suffering mental problems and acting like a criminal. Fear of rigging casts shadow over key Asian football electionKUALA LUMPUR, Malaysia — More than half of Asia’s 46 national soccer associations fear a key administrative election may be manipulated, and have urged FIFA to monitor the vote, the challenger said Sunday. OPEC, Asian nations call for more oil investments, curbs on speculation in crude marketsCAIRO — OPEC and Asian energy officials called Sunday for new oil investments and tougher measures to combat speculation in crude markets that some have argued helped fuel last year’s oil price spike. Global Investment House, Kuwait’s largest investment bank, reports first ever annual lossKUWAIT CITY — Kuwait’s largest investment bank, which has been struggling with debt, says it has reported its first ever annual loss. A look at economic developments and activity in stock markets around the world WednesdayA look at economic developments and activity in major stock markets around the world Friday: Olympic Council of Asia threatens legal action over allegations of football vote buyingKUWAIT CITY — The Olympic Council of Asia is threatening legal action over allegations it was attempting to buy votes for a candidate in the campaign for a seat on the executive committee of football world governing body FIFA. India joins the race to clean up Gulf War oil spillsKUWAIT - Eighteen years after the first Gulf War, India’s Oil and Natural Gas Corp (ONGC) has joined the race for a $3-billion contract to clean up oil spills caused by the Iraq’s invasion of the Gulf emirate in 1991. India determined to expand despite recession: AnsariKUWAIT - Indian Vice-President Hamid Ansari Tuesday said India’s economic growth will dip to six percent this year but stressed that it will still be one of the highest in a recession-hit world. India seeks Kuwaiti funds in infrastructure, signs three pactsKUWAIT - With recession hitting its ambitious plans to expand infrastructure, India Tuesday turned to the oil-rich Kuwait for investments in projects ranging from petrochemicals and power to the construction of ports and airports. Indian culture fest in Kuwait on the wayKUWAIT - Cultural diplomacy was in full flow here, as India and Kuwait Tuesday signed three agreements to promote a two-way traffic of their scholars, artists, scientists and researchers with Indian Vice-President Hamid Ansari waxing eloquent about the fabled aquarium and traditional Kuwaiti handicrafts. India seeks Kuwaiti funds, signs three pactsKUWAIT - India Tuesday sought Kuwaiti investments in infrastructural projects ranging from petrochemicals to power and signed three pacts in areas of culture, education and science and technology. Half of Kuwait cabinet turns up to receive vice president AnsariKUWAIT - In an unusual gesture, nearly half of Kuwait’s cabinet turned up at the international airport to receive Indian Vice President Hamid Ansari Monday as he began his three-day visit to the oil-rich Gulf emirate. India for more anti-terror cooperation with GulfKUWAIT - Indian Vice President Hamid Ansari Monday called for greater cooperation between India and the Gulf countries to combat the ‘international plague’ of terrorism as he began his three-day visit to the oil-rich Gulf emirate. He also sought more Kuwaiti investment in India’s infrastructure development. |
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