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Kuwait Times

Thu, 05 May 2022 17:57:16 +0000
Turkey inflation spirals to nearly 70% in April
ISTANBUL: Turkey’s official inflation rate spiralled to nearly 70 percent in April, data showed on Thursday, posing a huge challenge to President Recep Tayyip Erdogan, whose unconventional economic policies are often blamed for the economic tur...

Thu, 05 May 2022 17:54:56 +0000
Pound slumps after tepid BoE rate hike
LONDON: The pound tumbled after the Bank of England raised interest rates by just a quarter of a percentage point despite surging inflation, while oil prices jumped after OPEC+ only modestly hiked production. The quarter-point hike apparently disappo...

Thu, 05 May 2022 17:52:41 +0000
Nasdaq plunges more than 4% amid worsening US stocks selloff
NEW YORK: Wall Street stocks sank Thursday morning, reversing the prior session’s gains as markets reassessed the Federal Reserve’s moves to tighten monetary policy in response to inflation. Near 1500 GMT, the Dow Jones Industrial Average...

Thu, 05 May 2022 17:47:08 +0000
COVID pandemic killed 13 to 17 million in 2020-21: WHO
GENEVA: The COVID-19 pandemic killed 13.3 to 16.6 million people in 2020 and 2021, the WHO estimated Thursday – up to triple the number of deaths attributed directly to the disease. The World Health Organization’s long-awaited estimate of the...

Thu, 05 May 2022 17:44:22 +0000
Drone swarms can now fly autonomously through thick forest
WASHINGTON: A swarm of 10 bright blue drones lifts off in a bamboo forest in China, then swerves its way between cluttered branches, bushes and over uneven ground as it autonomously navigates the best flight path through the woods. The experiment, le...

Thu, 05 May 2022 17:42:16 +0000
Thousands sick as latest severe sandstorm sweeps across Iraq
BAGHDAD: One person died in Iraq and more than 5,000 were treated in hospitals Thursday for respiratory ailments due to a sandstorm, the seventh in a month, the health ministry said. Duststorms have increased dramatically in frequency in Iraq in rece...

Thu, 05 May 2022 17:37:00 +0000
Top oil producers agree on modest supply boost amid demand concerns
VIENNA: Saudi Arabia, Russia and other key oil producers agreed on Thursday to another marginal increase in output, bolstered by risks to demand amid coronavirus restrictions in China. Russia’s invasion of Ukraine has added to supply concerns, ...

Thu, 05 May 2022 12:38:42 +0000
Real Madrid, Liverpool set for Paris rematch
PARIS: A third all-English Champions League final in four years seemed to be on the cards but Real Madrid’s incredible late comeback against Manchester City on Wednesday has set up a rematch between the Spanish club and Liverpool in Paris on Ma...

Thu, 05 May 2022 12:37:37 +0000
Maradona’s ‘hand of God’ WCup jersey auctioned for $9.3 million
NEW YORK: The jersey that Argentina football legend Diego Maradona wore while scoring twice against England in the 1986 World Cup, including the infamous “hand of God” goal, was auctioned for $9.3 million, a record for any item of sports ...

Thu, 05 May 2022 12:35:40 +0000
Nadal wins on return from injury in Madrid
MADRID: Rafael Nadal enjoyed a winning return after a six-week injury break, opening his Madrid campaign with a 6-1, 7-6(7/4) success over Serbia’s Miomir Kecmanovic on Wednesday. The Spanish star had been sidelined with a rib injury since his ...



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