A sharp fall in its net profit, slipping 25 in 2023 compared to the previous year. Aramco attributed the downturn to Lower Crude Oil prices and decreased production. The companys net income dropped from 161 billion in 2022 to 121 billion last year. Despite the challenges posed by declining oil prices, aramco will increase its dividend payments, providing a much needed financial boost to saudi arabia. Lets get more now from our middle east Business Correspondent sameer hashmi. With a big fall off in profit, why is it increasing its dividend . It its dividend . Is a steep fall compared to 2022. It is a steep fall compared to 2022. It is still the second best performance in terms of annual results at 121 billion. Two reasons why they increased the dividend pay out. Number one, Aramco Abbott is the main driver of the Saudi Arabian economy. Saudi owned entities own 19 of it and they rely heavily on that income to really find some these massive projects inside arabia. They tried to keep the
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is fabulous. sergio hudson, all of you are brilliant, i love you all. please make them in my size. that is the readout, special edition of all in live from ukraine with ali velshi is next, hello ali. ukraine with thank you and gog from here, if i m ali velshi and it has been an extraordinary day in america and ukrainian history. nearly one year after russia s invasion, president biden made a surprise visit today to this war torn country. we whitehouse kept the trip a closely guarded secret with the president under the cloud of darkness a supporter of commuter rail, the amtrak-loving president traveled ten hours by train from poland to the ukrainian capital. this is the first time that a sitting u.s. president has visited ukraine in 15 years. the white house is calling the trip unprecedented because of the absence of any u.s. military footprint in this country. in his remarks, biden pay tribute to the ukraine forces and promised a strong coming from the u.s. going forward.
russia had paid for his political rise and for his political party. they had worked to install him in power. they totally controlled him. he was their guy. that was how russia controlled ukraine. they controlled the ukrainian president. they installed him in power and told him what to do and he did it. and russia, of course, didn t want ukraine to have better economic ties to the west. they didn t want ukraine to have any ties to the west. they wanted ukraine to only be tied to russia. and so when ukraine had the opportunity to sign on to this pro-european trade deal, russia didn t want him to do it and russia s guy in ukraine, this very corrupt, very compromised pro-russian president said he wouldn t sign that trade deal with europe. he said instead he would sign a knew one with russia. people in ukraine did not want that. they wanted to stop looking east. they wanted to look west instead. so in response they started protesting. in november of 2013. and a few months into it,
here. it is presidents day today, february 20th. presidential historian gonna be with us tonight. she s gonna be with us here live very very much looking forward to that conversation. but it was on this date, which won february 20th in 2014 when the group they call the heavenly hundred was killed. it was actually 118 people, call them the heavenly hundred. the youngest of them was just 16 years old. the oldest of them was 83 years old. it all happened as the culmination of protests that had started the previous november, people were protesting in ukraine. because the government of that country had had the chance to sign on to a big trade deal with europe. a deal that was expected to have big economic benefits for ukraine, it was definitely something that would bring ukraine closer to europe. closer to the west. people in ukraine frothy war, really looking forward to. it this is a popular thing they very much wanted it. but the president of ukraine at the time decided he was