Saudi Press

Saudi Arabia and the world
Wednesday, Feb 05, 2025

Trump Taps Elon Musk and Vivek Ramaswamy to Lead Ambitious Government Efficiency Overhaul Amid Global Tensions

Trump appoints Musk and Ramaswamy to lead new Department of Government Efficiency, targeting $2 trillion budget cut by 2026.
In a surprising move, President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to helm a new "Department of Government Efficiency," targeting July 4, 2026, to reduce government spending by cutting bureaucracy and regulations. However, this decision is raising eyebrows due to Musk’s government contracts and skepticism about the ambitious goal of trimming $2 trillion from the federal budget.

Meanwhile, at COP29 in Baku, debates intensify as Azerbaijan's President Ilham Aliyev advocates for fossil fuels as a divine gift, clashing with UN Secretary-General António Guterres who urges a shift to clean energy and financial support for climate initiatives. UK Prime Minister Sir Keir Starmer joins the discussion, announcing plans to slash emissions by 81% by 2035.

Shifting gears to Russia, the sentencing of Dr. Nadezhda Buyanova, a pediatrician, to five and a half years for supposed anti-military comments, underscores the Russian government's crackdown on dissent regarding the Ukraine conflict. This case adds to a growing list of prosecutions, including artist Sasha Skochilenko's sentence, as the government maintains a strict narrative.

Adding to the tensions, Ukrainian areas like Kyiv and Kharkiv endure a rise in Russian drone assaults, with October's tally surpassing 2,000 strikes, impacting military and civilian zones alike. This intensification occurs amid wavering support from Western nations, leaving Ukraine in a precarious position.

In South Korea, the untimely death of actor Song Jae Lim at 39 shines a light on the significant stress faced by entertainment industry figures, sparking introspection within the community. As colleagues mourn, with private funeral arrangements underway, there is renewed concern over the demanding nature of celebrity life in the country.

Rounding off, Saudi Arabia has labeled 2024 the "Year of the Camel" to celebrate and capitalize on camels' heritage and economic impact, with a dedicated committee striving to improve the camel sector through enhanced investments and services. This initiative aims to reinforce the cultural and economic role of camels, highlighted by vibrant festival sales exceeding SR350 million.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Saudi Fund for Development Signs $1.2 Billion Financing Deal with Pakistan for Oil Imports
Saudi Arabia Issues Penalties Against 18,838 Violators of Residency and Work Regulations
GACA Opens Domestic Market to Foreign Operators for Charter Flights
Saudi Cabinet Reaffirms Commitment to Palestinian Return and Reviews Key International Developments
CEDA Approves Conclusion of Financial Sustainability Program After Successful Reforms
President Trump Initiates Development of U.S. Sovereign Wealth Fund
Saudi Medical Team Arrives in Damascus to Provide Specialized Care
Saudi Crown Prince and UAE President Discuss Bilateral Relations and Regional Security
Saudi Arabia's Non-Oil Private Sector Sees Decade-High Growth in January
Saudi Arabia and India Strengthen Ties in Mining and Minerals Sector
Erdogan and Syria's Sharaa Converse on Collaboration Against Kurdish Militants
Trump Suggests U.S. Acquisition of Gaza Strip During Ongoing Conflict
Trump Reinstates 'Maximum Pressure' Strategy to Reduce Iran's Oil Exports
Syrian President Performs Umrah During Visit to Saudi Arabia
Saudi Arabia Plants 10,000 Mangroves Across Five Regions to Support Biodiversity
Jeddah to Host ‘Made in Pakistan’ Exhibition and Business Forum
Saudi Arabia Shortens Wage Protection File Submission Period
Saudi Project Clears 732 Houthi Mines in Yemen
Saudi Arabia and Japan Strengthen Strategic Ties at Foreign Ministerial Meeting in Tokyo
Interim President of Syria Visits SDAIA Headquarters in Riyadh
Makkah Launches Hydrogen-Powered Bus Trial to Promote Clean Energy
Saudi Deputy Minister Meets Indian Ambassador to Discuss Bilateral Relations
Kazakhstan Seeks Stronger Ties with Saudi Arabia in Key Sectors
Saudi Arabia Hosts International Military Exercises at Air Warfare Center
Egyptian President El-Sisi Invited for White House Meeting Following Jordanian King’s Visit
Nearly 96% of New Cars Registered in Norway in January Were Electric
OPEC+ Reaffirms Commitment to Production Cuts to Ensure Oil Market Stability
Umm Al Qura Advances IPO to Fund $26 Billion Masar Project in Makkah
Kuwait Anticipates a 12% Increase in Budget Deficit for the 2025-2026 Fiscal Year.
GCC Equity Markets See Gains in January, Led by Kuwait and Saudi Arabia
Saudi CMA and Insurance Authority Strengthen Oversight of Insurance Sector
Saudi Arabia and Germany Sign Green Hydrogen Export Deal
RLC Global Forum to Address Future of Saudi Arabia’s Retail Landscape
Apple Abandons AR Glasses Project Amid Struggles with Technology and Market Demand
Saudi Stock Market Set for 8% Growth in 2025, Driven by Banking, Healthcare, and Petrochemical Sectors
Saudi Economy Minister Meets German Finance Minister in Riyadh
Saudi Arabia and Germany Establish Green Hydrogen Bridge
Non-Oil Activities Contribute to 52% of Saudi Arabia’s GDP in 2024, Says Finance Minister
Saudi Sherpa Office Hosts First G20 Workshop in Preparation for 2025 Summit
56th Saudi Relief Plane Delivers Aid to Palestinians in Gaza
Saudi and Japan Strengthen Bilateral Ties at Strategic Dialogue Meeting
OPEC+ Reaffirms Commitment to Production Cuts to Stabilize Global Oil Market
Saudi Crown Prince Congratulates Bart De Wever on Becoming Belgium's Prime Minister
Syria's Interim President Ahmed al-Sharaa Reveals Schedule for Presidential Elections
Jailed Ex-Pakistani PM Imran Khan Draws Parallels to President Trump in Fight for Justice
Iran Develops Long-Range Nuclear Missiles with North Korea's Help, Claims Report
Global Semiconductor Industry Faces Persistent Challenges Amid Efforts to Boost Production
Saudi Arabia Unveils 'Dream of the Desert' Luxury Train, First of Its Kind in the Middle East
The 'Chinese Pearl Harbor' on U.S. Tech: DeepSeek's Launch Triggers Market Collapse
President Trump Proposes Relocating Gaza's Population to Egypt and Jordan
×