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Joe Biden’s State of the Union Speech Omissions | TOME

The president’s speech made no mention of the forever war continuing in the Middle East.

The post What Joe Biden’s State of the Union Speech Didn’t Mention appeared first on The Intercept.

National Security

Biden Funds Israel’s War Amid US Financial Struggles | TOME

The president has prioritized military spending over helping American families cover the rising costs of child care.

The post Biden Is Bankrolling Israel’s War Amid Growing Financial Hardship at Home 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

Crude Oil Stabilizes Amid Fuel Demand Worries and Weak China Data

RIYADH: Oil prices steadied on Thursday, a day after rising sharply on a bigger-than-expected fall in US inventories, as attention shifted back to rising interest rates denting global economic growth.  Brent crude futures was up 37 cents, or 0.50 percent, to $74.40 a barrel by 02:41 p.m. Saudi time, while US West Texas Intermediate crude futures rose 39 cents, or 0.56 percent, to $69.95 a barrel.
Business

Saudi Arabia unemployment rate Q1 2022 drops to 5.1%

RIYADH: Saudi Arabia’s jobs targets outlined in Vision 2023 have borne results, with its overall unemployment rate falling 0.9 percentage points to 5.1 percent in the first quarter of 2023 compared to the same period a year ago, official data showed.  According to the latest report by the General Authority for Statistics, the labor force participation of Saudis increased annually by 2.3 percentage points in the first quarter. The employment-to-population ratio also increased by 2.9 percentage points. 
sport

Arsenal leads Man City in race for transfer target Declan Rice

MANCHESTER, England: In an offseason when Lionel Messi and Karim Benzema have already made moves, Declan Rice is turning into one of the biggest stories of the transfer window. Arsenal appears to be closing in on a deal worth up to a reported 105 million pounds ($133 million) for the England international, who has been linked with many of Europe’s biggest clubs. Manchester City, which has also targeted the West Ham midfielder, is not prepared to match that figure, according to a person with knowledge of the Premier League champion’s transfer plans.
sport

“US Aims for 3rd Consecutive Women’s World Cup Win: Is the Team at Risk?”

NEW YORK: Even without a few key players, the US head into the Women’s World Cup with a formidable group of wily veterans and eager newcomers. The question is, will it be enough for the team to lift international soccer’s most prestigious trophy again? The US have won the last two World Cups and the goal is to three-peat. But American dominance in women’s soccer isn’t assured anymore. Teams like England and France have caught up, Germany and Sweden remain strong, and then there’s that rival to the north, Canada, who won gold at the Tokyo Olympics.
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