Turki: US acting like a Third World country

March 18, 2014

World_countryJeddah, Mar 18: America is acting like a Third World country, said Prince Turki Al-Faisal, Saudi Arabia’s former ambassador to the US, during an interview with The Financial Times.

Speaking about US President Barack Obama’s latest budget proposal, Prince Turki asked: “Is there any chance of that being passed?”

Edward Luce, the journalist who conducted the interview, replied in the negative. It was then that the prince said: “America is acting like a Third World country.”

He also spoke about the negative impact of US internal problems on the Middle East. “Let’s say that people are talking about the US retreat, particularly in the Middle East,” he said.

“For the Kingdom, it is a matter of putting our foot down, where in the past we did not. It is a matter of accepting reality. You have to acknowledge the world has changed. Obama’s speech to the UN last September made it clear that America will be concentrating exclusively on Palestine and Iran, and for everywhere else — Syria, Libya, Sudan, Yemen, Mali, Iraq, Egypt, and so on — you will have to fend for yourself,” the prince said.

“So whether it is collecting your (Saudi Arabia’s) own resources to do that, or reaching out to others in the area to help you overcome these challenges, we are adjusting to the reality of a retreating America.”

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April 30,2020

Riyadh, Apr 30: Saudi Arabia on Thursday recorded 1,351 new coronavirus cases in the last 24 hours, bringing the total number of infections in the country to 22,753, the Ministry of Health said in a statement.

The ministry also announced 5 more deaths and 210 new recoveries, raising the total number of fatalities and recoveries to 162 and 3,163 respectively.

Riyadh with 440 cases topped the list, followed by 392 cases in Makkah, 120 in Jeddah and 119 in Madinah.

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News Network
January 8,2020

Dubai, Jan 8: Iranian state television said on Wednesday that at least 80 "American terrorists" were killed in attacks involving 15 missiles Tehran launched on US targets in Iraq, adding that none of the missiles were intercepted.

State TV, citing a senior Revolutionary Guards source, also said Iran had 100 other targets in the region in its sights if Washington took any retaliatory measures. It also said US helicopters and military equipment were "severely damaged".

Iran launched missile attacks on US-led forces in Iraq in the early hours of Wednesday in retaliation for the US drone strike on an Iranian commander whose killing has raised fears of a wider war in the Middle East.

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May 5,2020

Abu Dhabi, May 5: The overall real GDP (gross domestic product) of the United Arab Emirates is estimated to have grown by 1.7 percent in 2019, the country’s central bank said in a statement on Monday carried by WAM.

"The UAE hydrocarbon sector is estimated to have exhibited a growth of 3.4 percent in 2019. However, non-oil activities advanced at a softer pace growing by 1.0 percent. As a result, overall real GDP is estimated by FCSA (Federal Competitiveness and Statistics Authority) to have grown by 1.7 percent in 2019," said the financial regulator in its Annual Report 2019.

"The spread of COVID-19 is expected to impact trade and supply chain movements, coupled with travel restrictions which paves way for high volatility in capital markets and commodity prices. While the outbreak is expected to negatively affect the global and domestic economies, it is still early to gauge the scale of the economic fallout," the report added.

The report noted that the higher hydrocarbon output, as well as growth in non-hydrocarbon economic activity, supported the pace of the country's overall economic growth in 2019.

"Meanwhile, the fading effect of VAT, the appreciating Dirham, lower energy prices and decline in rents pushed inflation in negative territory. However, the employment rate registered a steady rebound. Looking ahead, the economic outlook for 2020 remains uncertain owing to the COVID-19 outbreak," the report elaborated.

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