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Saudi Arabia’s Loss-Making U.S. Investments: Buying Influence

Following Saudi Arabia’s purchase of the PGA Tour, a new Senate report revealed the dictatorship’s ballooning share of the American economy.

The post Saudi Arabia’s Huge U.S. Investments Lose Money — but Buy Influence appeared first on The Intercept.

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FBI Hires Social Media Surveillance Firm Labeling Black Lives Matter Organizers as “Threat Actors”

A new Senate report calls out the FBI for lying to Congress about its social media monitoring, pointing out the FBI’s hiring of ZeroFox.

The post FBI Hired Social Media Surveillance Firm That Labeled Black Lives Matter Organizers “Threat Actors” appeared first on The Intercept.

Business

“Bahrain invests $1.3bn in UK economy: Key deals signed”

LONDON: Bahrain has signed a memorandum of understanding for strategic investments and collaborations with Britain that will see the Gulf state’s private sector invest 1 billion pounds ($1.3 billion) in Britain, the Bahraini crown prince’s social media account said on Monday. The investments will be through Bahraini sovereign wealth fund Mumtalakat, Investcorp, GFH Financial Group, and Osool Asset Management.
sport

Matteo Berrettini, Former Finalist, Unseeded and Nervous for Wimbledon Opener

For a player who not so long ago was consistently making the second week at the Grand Slams, including a stretch of five consecutive major quarterfinal appearances, limiting expectations and venturing into the unknown can feel like alien concepts. Just two years ago, Matteo Berrettini was playing in a Wimbledon final against Novak Djokovic. The Italian power hitter was a constant fixture in the top 10 from October 2019 until June 2022.
sport

Biles set to make competitive comeback in August

LOS ANGELES: Gymnastics superstar Simone Biles is poised to compete in August for the first time since mental health and safety concerns cut short her Tokyo Olympics campaign, entering the August US Classic near Chicago. USA Gymnastics announced Wednesday that the four-time Olympic gold medalist was entered in the August 4-5 event, which would be her first since she withdrew from most of her events in Tokyo in 2021. “Registration...does not guarantee participation,” USA Gymnastics warned in the statement.
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.
sport

Italy vows to eradicate racism and anti-Semitism in football arenas

ROME: Italy signed on Tuesday a letter of intent aimed at eradicating anti-Semitism from soccer stadiums across the country. Instances of racism and anti-Semitism are commonplace in Italian stadiums, with fans regularly booing or shouting abuse at Black players, using the word “Jew” as an insult and displaying Nazi or fascist symbols.
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Al Jazeera to continue Gaza war coverage despite Israeli ban

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Al Jazeera has condemned Israel’s closure of the network that has seen its offices raided and the channel go dark.

Jordan-Iraq Economic Forum at Dead Sea Resort | TOME

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AMMAN: Jordanian Minister of Investment Kholoud Saqqaf opened the Economic Forum for Financial, Industrial, and Commercial Partnerships between Iraq and Jordan on Sunday. The forum, which is organized jointly by the Iraqi Business Council in collaboration with the Jordan and Amman chambers of industry, aims to strengthen economic ties between the two countries. Held at the King Hussein Convention Center on the shores of the Dead Sea, the forum is the largest regional gathering for fostering economic cooperation between Jordan and Iraq, Jordan News Agency reported.

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Rebel Writers: Palestine & Syria

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The story of a Palestinian poet and a Christian Syrian professor who championed the Palestinian cause.

Southern Lebanon calm amid talks on French peace plan and Israeli-US coordination

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BEIRUT: Discussions continued on Saturday about a French proposal designed to ease tensions and halt clashes between the Israeli army and Hezbollah along Lebanon’s southern border. Lebanese officials received an amended version of the proposal on Friday, which summarized meetings held by Stephane Sejourne, France’s foreign minister, in Lebanon and Israel. The proposal also aims to ensure the full implementation of UN Security Council Resolution 1701, which was adopted in 2006 with the aim of resolving the war that year between Israel and Hezbollah.

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KFC Malaysia closes outlets amid Gaza boycott

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Franchise operator cites 'challenging economic conditions' amid local reports linking closures to boycotts of Israel.

New Generation of Organized Labor Rises in US

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US experiencing the biggest strike wave in 50 years.

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