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Over 14M people newly displaced in 1st half of 2020

An estimated 14.6 million new internal displacements have been recorded across 127 countries and territories in first half of 2020, the Internal Displacement Monitoring Centre (IDMC) said Wednesday. “The staggering figures recorded in the first six months of the year are testament to the...

Kuwait and the UAE in economic pain amid pandemic

Two oil-rich Arab Gulf states suffered severe economic blows Wednesday, as a major credit agency downgraded Kuwait for the first time and the United Arab Emirates acknowledged its economy would contract to a level last seen in 2009. The agency, Moody’s Investors Service, cut Kuwait’s...