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Justice

Florida Anti-Trans Bill May Increase Health Insurance Costs

The Florida GOP's so-called trans erasure bill mandates that insurance companies cover widely debunked "conversion therapy."

The post Florida Anti-Trans Bill Could Raise Everyone’s Health Insurance Costs appeared first on The Intercept.

Business

Saudi stock market closes with modest gains as TASI increases by 35 points

RIYADH: On its first trading day after the Eid holidays, Saudi Arabia’s stock market saw a muted performance, with its Tadawul All Share Index rising 34.93 points — or 0.3 percent — to close at 11,493.91 points.   While MSCI Tadawul Index inched up 0.4 percent to 1,516.30 points, the parallel market Nomu fell 4.22 percent to close at 25,043.16.   The total trading turnover of the benchmark index was SR4.56 billion ($1.22 billion) as 143 of the 228 listed stocks advanced, while 60 retreated.  
Business

Saudi EXIM Bank and NBB collaborate to enhance exports

RIYADH: Bilateral trade between Saudi Arabia and Bahrain is set to receive a further boost after banks from both sides entered into an agreement to offer competitive financing to firms involved in the import and export of goods.  According to a memorandum of understanding signed between the National Bank of Bahrain and the Saudi Export-Import Bank, also known as Saudi EXIM Bank, NBB will offer competitive financing rates to Bahraini companies importing goods from Saudi Arabia.  
Business

Saudi main index ends week in red before Eid holidays

RIYADH: Saudi Arabia’s Tadawul All Share Index ended its trading on Thursday in the red, as it shed 7.19 points, or 0.06 percent, to close at 11,458.98.   The exchange will remain closed from June 23 as a part of the Eid Al-Adha holidays and trading will resume on July 2.   The total trading turnover of the benchmark index was SR6.33 billion ($1.69 billion) as 95 stocks advanced, while 124 retracted.   While the parallel market Nomu dropped by 1,118.48 points to close at 26,147.86, the MSCI Tadawul Index dipped slightly to end the day at 1,510.25.  
sport

Allies of Kyiv pledge to hold Russia accountable for invading Ukraine.

LONDON: Western allies on Wednesday promised to make Russia pay for invading Ukraine as governments and private investors met to fund the country’s reconstruction from the ravages of war. The World Bank has put an estimate of $14 billion on Ukraine’s immediate needs to repair the damage caused by the bitter fighting. But a recent study by the World Bank, the UN, the European Union and the Ukrainian government said the wider recovery of the economy would cost $411 billion.
Business

Saudi benchmark index closes at 11,420 with 95-point drop

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Monday, as it shed 95.19 points, or 0.83 percent, to close at 11,421.70.   The upward movement of the Kingdom’s parallel equity market, Nomu, also came to an end after four days as it dipped 2.81 percent or 813.22 points, to close at 28,174.84.   The MSCI Tadawul Index also dropped 0.71 percent to close at 1,508.36.  The total trading turnover of the benchmark index was SR6.07 billion ($1.62 billion), as 32 stocks advanced, while 188 retracted.  
Business

Saudi Main Index Steady, Nomu Up 1,990 Points at Closing Bell

RIYADH: Saudi Arabia’s Tadawul All Share Index remained steady in the first session of the week, gaining 0.75 points or 0.01 percent to close at 11,516.89.  The trading turnover of the benchmark index was SR5.35 billion ($1.43 billion), as 120 stocks advanced, while 95 retracted.  Parallel market Nomu continued its upward movement for the fourth consecutive session, leaping 1,990.46 points to close at 28,988.06.  The MSCI Tadawul Index also picked up 0.03 percent to 1,519.18. 
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US-led coalition downs Houthi missile and drones in Red Sea

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ATHENS: A Greek military vessel serving in the European Union’s naval mission in the Red Sea intercepted two drones launched by Yemen’s Houthi militants toward a commercial ship, officials at the Greek Defense Ministry said on Thursday. “On Thursday morning Greek frigate Hydra, while it was escorting a merchant ship in the Gulf of Aden, fired at two drones,” an official told Reuters. “It destroyed one while the second moved away,” he added. Another defense official confirmed the details of the incident.

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Solomon Islands Support for US Agency’s Return Revealed

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