White House trade advisor Peter Navarro suggests Donald Trump deserves a Nobel Prize in economics for fundamentally restructuring global trade through aggressive tariff policies and prioritizing American economic interests. Navarro highlights trade deals with countries like the UK, Japan, and the EU, along with ongoing talks with China, as evidence of Trump's success.
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The world's top 10 billionaires, predominantly from the US, dominate industries like technology, e-commerce, and luxury goods. Elon Musk leads with ventures in automotive, space, and AI, while Jeff Bezos revolutionized e-commerce through Amazon. Bernard Arnault, representing Europe, oversees luxury brands under LVMH, and Warren Buffett is renowned for his value investing at Berkshire Hathaway.
Saudi Arabia's Qiwa platform now mandates a 60-day grace period before an employee is marked "absent from work." This allows disconnected workers to re-contract, transfer sponsorships, or exit the country. Failure to act within this window results in automatic removal from employer records and notification to relevant ministries, enhancing transparency and worker rights.
A powerful earthquake in Russia's Far East seemingly impacted the Rybachiy submarine base, a key Pacific Fleet installation. Satellite imagery indicates damage to a floating pier, with one section detached. Despite this, the facility appears largely intact, with submarines safely moored. While Russian officials remain silent, radiation levels are normal.
President Trump was spotted on the White House roof, accompanied by architect James McCrery, inspecting potential construction sites. Joking about installing "nuclear missiles," Trump highlighted his personal funding for projects. He also mentioned exploring ways to spend his money for the country.
Oman secures recognition for its cultural heritage. Four historic sites, including Al Hamoudah Mosque and Suhar Fort, join the Arab Heritage List. The Arab League acknowledges their architectural and historical importance. Nizwa Fort and Al Shawadhna Mosque also gain recognition. This boosts Oman's profile and supports cultural tourism. The sites represent Oman's commitment to preserving its Arab-Islamic heritage.
Kuwaiti authorities dismantled a major drug distribution network, seizing over 800,000 Lyrica capsules. The operation was directed by an inmate from Central Prison, utilizing air freight from Asia and a rented livestock enclosure for storage and repackaging. This bust highlights Kuwait's commitment to combating international narcotics syndicates and safeguarding public health by intercepting illicit drug flows.
Bahrain approved nine major development projects in 2024. The projects are worth BD 156 million. These projects cover nearly 387,204 square metres. A twin-tower residential block in Capital Governorate is the largest project. Other projects include villas, schools, a bank branch, and an industrial facility. These licences reflect Bahrain’s effort to encourage balanced growth.
In a groundbreaking discovery, a new blood group antigen, CRIB, has been identified in a woman from Karnataka, India. This rare finding emerged when she needed cardiac surgery and her blood proved incompatible with standard O-positive units. International collaboration led to the identification of CRIB, enhancing transfusion safety and organ transplant compatibility.
Senator Lindsey Graham lauded President Trump's 50% tariff on India for purchasing Russian oil, deeming it a gamechanger. He warned European nations against procuring Russian oil via India, emphasizing the need to cease this practice. Graham asserted that buying cheap Russian oil would become difficult, praising Trump's decisive action to penalize countries supporting Putin's war efforts in Ukraine.
Tourists visiting Saudi Arabia can now reclaim the 15% VAT on eligible retail purchases made from ZATCA-approved stores. To qualify, purchases must exceed SAR 500 (approx.$133), be for personal use, and be exported within 90 days. Refunds are processed at airport counters/kiosks with proper documentation. Use Global Blue tools to locate participating retailers and ensure compliance