Middle-east Arab News Opinion | Asharq Al-awsat

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Saudi Arabia’s King Abdullah Bin Abdulaziz speaks during an extraordinary GCC leaders’ summit in Riyadh on November 16, 2014. (AFP Photo/HO/SPA)

Saudi Arabia, UAE, Bahrain agree to return ambassadors to Doha

by Fahd Al-Zayabi | Nov 17, 2014 | Middle East

Riyadh, Asharq Al-Awsat—Gulf Cooperation Council (GCC) countries Saudi Arabia, the UAE and Bahrain have ended an internal dispute with fellow member-state Qatar, agreeing to return their ambassadors to Doha after a seven-month absence. In a joint GCC statement on...

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A man looks at the stock price board showing the Japan’s benchmark Nikkei 225 index’s huge dive of 517.03 points, or 2.96 percent to 16,973.80 Monday, November 17, 2014 in Tokyo. (AP Photos)

Japan slides into recession as tax hike takes toll

by Asharq Al-Awsat | Nov 17, 2014 | World

Tokyo, AP—Japan’s economy unexpectedly slipped back into recession as housing and business investment dropped following a sales tax hike, hobbling its ability to help drive the global recovery. The world’s third-largest economy contracted at a 1.6 percent...

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This file photo shows a worker walking on an oil pipeline at the Khurmala oil field on the outskirts of the city of Erbil, in Iraq’s Kurdistan region, on December 4, 2013. (Reuters/Stringer)

Kurdistan to begin exporting oil through SOMO after loan from Baghdad: KRG officials

by Dalshad Abdullah | Nov 17, 2014 | Business

Erbil, Asharq Al-Awsat—The Kurdistan Regional Government (KRG) will begin exporting oil through under Baghdad’s supervision once it receives a loan it says was promised from the Iraqi government, as part of an agreement reached between the two sides on Thursday,...

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Hezbollah leader Hassan Nasrallah (center top), delivers a broadcast speech during a rally commemorating “Liberation Day,” which marks the withdrawal of the Israeli army from southern Lebanon in 2000, in the southern border town of Bint Jbeil, Lebanon, on May 25, 2014. (AP Photo/Hussein Malla)

Opinion: Hezbollah’s Folly

by Tariq Alhomayed | Nov 17, 2014 | Opinion

The Lebanese newspaper An-Nahar has revealed that Hezbollah is seeking to “recruit Christian, Sunni Muslim, and Druze youth, as well as providing them with training and weapons to confront the danger of the Islamic State of Iraq and Syria [ISIS] and sister groups.”...