Saudi Aramco Raises Oil Prices for Asia; Qatar Advances Economic Diversification Amidst Global Shifts
Saudi Aramco raises Arab Light crude price for Asia amidst regional tensions, while Etidal and Telegram's efforts lead to removal of 129 million extremist content pieces.
In the latest developments from the global oil market, Saudi Aramco has increased the price of its Arab Light crude for Asian buyers by 90 cents amidst escalating tensions, setting it at a notable $2.20 above the regional benchmark, while adjusting prices downward for Europe and the US.
Meanwhile, Qatar's non-energy sector continues to thrive as the country pushes forward with its National Vision 2030; despite a slight dip in the Purchasing Managers’ Index from August to September, readings still indicate healthy expansion, showcasing Qatar's commitment to economic diversification and reducing oil reliance.
Shifting to the fight against extremism, a joint effort by Etidal and Telegram led to the removal of over 129 million pieces of extremist content in the third quarter of 2024, primarily targeting groups like ISIS and Al-Qaeda, marking a significant step in combating extremist propaganda online.
This successful collaboration between Etidal and Telegram since February 2022 has resulted in a cumulative removal of 129.6 million extremist posts and closure of thousands of channels, with a notable peak in ISIS-related activities observed on September 13, 2024, underscoring the critical importance of these digital operations.
Cultural appreciation takes center stage at the Riyadh International Book Fair 2024, where the theme "Riyadh Reads" sets the tone for a vibrant celebration of diversity, with Qatar honored as the esteemed guest, emphasizing both nations' dedication to enriching cultural exchanges through literature and arts.
On another note, country music legend Garth Brooks finds himself embroiled in a legal battle as he faces a sexual assault lawsuit from a former hairstylist who claims he assaulted her during her employment, allegations Brooks denies, labeling them as acts of extortion following a dispute over job advancement.