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At least 22 killed in Lebanon fuel tank explosion – health officials

At least 22 killed in Lebanon fuel tank explosion – health officials
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Aramco s New Stock Offering Looks Doomed From The Start

Premium Content Aramco’s New Stock Offering Looks Doomed From The Start By Simon Watkins - Feb 01, 2021, 7:00 PM CST More shares in flagship oil and gas company, Saudi Aramco (Aramco), may be released for sale to the public if conditions are right, said the Governor of Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF) last week. This idea was later confirmed by Saudi Arabia’s de facto ruler, Crown Prince Mohammed bin Salman (MbS). Given how badly the first initial public offering (IPO) was received by international investors in the run-up to its eventual listing on 11 December 2019 and the draconian lengths that Saudi Arabia’s various authorities had to go to sell even the 1.5 per cent stake (cut down from the initially mooted minimum 5 per cent stake) finally offered, it might reasonably be conjectured that the conditions will not be right for a very long time. If the views of new U.S. President, Joe Biden, were factored into the conditions

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In Lebanon, the sense of optimism that was in the air a year ago is gone

11/12/2020 – by Mona Naggar In depth © Marwan Bou Haidar/picture-alliance/ZUMAPRESS.com An event marking the one-month anniversary of the explosion in Beirut’s port, as a result of which the government was forced to step down. Approximately one year after stepping down, Saad Al Hariri will once again head Lebanon’s government. Many of the demonstrators who took to the streets to call for reforms in October 2019 consider this a serious setback. Others are clinging to old patterns – and leaders – in response to the country’s grave crisis. There was an enormous feeling of joy when former Prime Minister Saad Al Hariri stepped down at the end of October 2019. He was responding to the reform demands raised by thousands of demonstrators who took to the streets in a number of Lebanese cities. The resignation of the government and the formation of a transitional government made up of technocrats was supposed to usher in the reform at process. It seemed for a moment as if ci

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