In throes of German budget crisis, Scholz rejects benefit cuts
BERLIN: German Chancellor Olaf Scholz on Saturday firmly rejected any cuts on social benefits as his crisis-mired coalition struggled to agree on a budget for 2024.
BERLIN: German Chancellor Olaf Scholz on Saturday firmly rejected any cuts on social benefits as his crisis-mired coalition struggled to agree on a budget for 2024.
KUWAIT: Moody’s Investors Service, the international credit rating agency, has affirmed the A3 long-term deposit ratings of Gulf Bank and changed the outlook to “Positive” from “Stable”.
KUWAIT, Dec 7 (KUNA) -- Minister of Commerce and Industry Mohammad Al-Aiban received ambassadors of China, Iran and South Korea to Kuwait separately on Thursday to discuss ways of strengthening the trade cooperation with the three friendly countries.
KUWAIT, Dec 7 (KUNA) -- The exchange rate of the US Dollar against the Kuwaiti Dinar remained stable on Thursday at 0.308, while the exchange rate of the Euro fell by 0.30 percent to KD 0.331 compared to Wednesday.
Al-Mehri: We are glad to announce the implementation of Lean projects by Boubyan employees across various departments, making the Bank consistent with ‘Continuous Improvement.
BRUSSELS: The European Union will seek to thrash out an agreement on sweeping rules to regulate artificial intelligence on Wednesday, following months of difficult negotiations in particular on how to monitor generative AI like ChatGPT.
DUBAI: UN climate chief Simon Stiell on Wednesday accused nations of “posturing” at the COP28 talks in Dubai, raising the temperature on negotiators sparring over the thorny issue of fossil fuels.
WASHINGTON: The US trade deficit continued to grow in October due to a fall in exports, according to government data published Wednesday. The overall trade gap of the world’s biggest economy rose by 5.1 percent to $64.3 billion, up from a revised $61.2 billion in September, the Commerce Department said in a statement.
GENEVA: Airlines should carry a record number of passengers next year as the sector puts the COVID-19 pandemic behind it, the industry’s top trade association said Wednesday, although profitability remains a concern.
© 2024 Al-Sharq.
Designed and Developed By IDS