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Official data released yesterday (Saturday) showed that China’s industrial activity unexpectedly slowed during January, after the sector recorded a modest increase late last year, reflecting the continuing challenges facing the world’s second-largest economy.Purchasing manager index declines According to an announcement by China’s National Bureau of Statistics, the Purchasing Managers’ Index, the main indicator of industry performance, fell to 49.3 points this month, but the forecast was 50.1 points, indicating that the 50-point level is the dividing line between expansion and contraction, indicating a slight contraction in industrial activity.Sluggish domestic demand and traditional off-season Huo Lihui from the National Bureau of…

A Wall Street Journal report revealed that the real winners from the global turmoil are not long-term investors, but rather speculators who are adept at taking advantage of news before the outcome is clear.The paper explained that as 2026 began, political threats escalated, from Washington’s threat to annex Greenland to the possible imposition of punitive tariffs on Europe, and the impact this had on financial markets was met with surprising indifference, as if traditional risk management rules no longer applied, but rather uncertainty itself became fuel for speculation and quick profits.shocking jumpOne of the most striking examples of this is…

WASHINGTON — The U.S. government entered a temporary shutdown early Saturday after Congress failed to enact funding legislation by a midnight deadline, even though the Senate approved a stopgap spending package.The Senate voted 71-29 late Friday to pass funding measures, including five long-term spending bills and a two-week extension of funding for the Department of Homeland Security, to allow for further negotiations on immigration enforcement. But the package still needs House approval and is not scheduled to return to Washington until Monday.The closure comes in the wake of heightened political tensions over immigration policy. Senate Democratic leader Chuck Schumer said…

Automotive Distribution and Marketing Company Limited (ADMC), the official distributor of Great Wall Motors (GWM) in the Kingdom of Saudi Arabia, announced the official launch of HAVAL V7 at a ceremony held at the Ritz-Carlton Hotel in Jeddah in the presence of successful authorized distributor partners, as well as representatives of both companies, media personnel, journalists and a group of influencers. HAVAL V7 arrives as a qualitative addition to the SUV category, combining a bold, modern design with advanced smart technology. It has been designed to meet the aspirations of its owners in a variety of modes of use, from…

ANKARA — Iranian Foreign Minister Abbas Araghchi said after talks with Turkish leaders in Ankara that Iran is ready to pursue a “fair and impartial” nuclear deal and has never sought to develop nuclear weapons.In a post on X on Saturday, Araghçi said that in talks with Turkish President Recep Tayyip Erdoğan and Foreign Minister Hakan Fidan, he reiterated that Tehran’s position remains unchanged.“I reiterated that Iran has never sought nuclear weapons and is ready to accept a fair and impartial nuclear deal that meets the legitimate interests of our people, including guarantees that it is free of nuclear weapons…

Bill Gates, the American billionaire and co-founder and former CEO of Microsoft, has categorically denied allegations of exploiting minors or engaging in illicit sexual activity, based on what was contained in the latest set of investigative documents about the late billionaire Jeffrey Epstein.a firm denialIn a statement to the BBC, Gates’ official spokesperson said the allegations being spread were “completely baseless and ridiculous”, “completely false and fabricated” and not based on any reliable facts or evidence.Intentional disconnection after a breakupThe spokesperson added that the documents reveal “the extent of Mr. Epstein’s extreme frustration and dissatisfaction with his failure to maintain…

Michel Bowman, the Federal Reserve’s vice chair for oversight, announced that uncertainty about rising inflation and the potential for distortions in economic data from the past year’s record government shutdowns justify waiting before moving forward with further interest rate cuts.Bowman said that while there were still downside risks facing the labor market, he intended to steer monetary policy toward neutral levels at a more cautious pace this year. enough space”After cutting interest rates by a total of 75 basis points late last year, we have had plenty of room to wait some time before taking further action, allowing us to…

WASHINGTON – The U.S. Department of Defense (Department of Defense) announced that the U.S. State Department has approved the potential sale of Patriot interceptor missiles and related military equipment to Saudi Arabia for an estimated value of approximately $9 billion.The Pentagon announced in a statement that Lockheed Martin will be the prime contractor for the sale of the Patriot Advanced Capability 3 Missile Segment Enhanced Missile (PAC-3 MSE). The U.S. Defense Security Cooperation Agency formally notified the U.S. Congress of this decision.The approval was made in response to Saudi Arabia’s request to purchase 730 PAC-3 MSE missiles, the statement said.…

The Saudi Armed Forces continues its participation in the Arab Gulf Security 4 joint deployment exercise for the security agencies of the Gulf Cooperation Council countries in the State of Qatar by simulating potential security incidents and implementing various field applications and hypotheticals that enhance the level of response and joint coordination among the participating security agencies.The Saudi military has demonstrated high readiness in the field and high efficiency in executing assumptions, which reflects its security expertise and advanced human and technical capabilities.The Arabian Gulf Security 4 exercise is being conducted to strengthen coordination and integration between the Gulf Joint…

Under the patronage of Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, the 5th Saudi Media Forum 2026 will open tomorrow (Monday) in Riyadh from February 2 to 4 under the slogan “Media that shapes the world”. More than 300 media professionals, experts and academics from around the world will participate in the forum, exploring the future of the media industry, its challenges and opportunities in 150 interactive sessions. Salman Al Dosari, Minister of Information, expressed his gratitude to the Custodian of the Two Holy Mosques and Crown Prince Mohammed bin Salman for their continued support to the…