Fiona MacDonald
@FionamMacDonald
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All things Kuwait, born&raised here. Lebanese-Scot. Runner. Life’s a genetic lottery. RTs#endorsements.
Kuwait
Joined March 2012
Iran and #SaudiArabia formally end a diplomatic rupture that has roiled the entire region. “What happened in the past are lessons that we learn from and use to build the future,” Saudi Crown Prince Mohammed bin Salman told the Iranians last month
bloomberg.com
Saudi Arabia and Iran exchanged ambassadors, formally ending a seven-year diplomatic rupture between the two Persian Gulf powers that had roiled the oil-exporting region.
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The London arm of #Kuwait Investment Authority has $250 billion in assets under management -- up from $27 billion in 2003 https://t.co/7z3xZmszKs via @wealth @FionamMacDonald #KIA
bloomberg.com
The London arm of Kuwait Investment Authority, which manages the country’s sovereign wealth fund, has $250 billion of assets under management, KIA Chairman Saad Al-Barrak said.
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Our latest on the political and economic implications of top US allies like #SaudiArabia and #UAE joining the #China-dominated BRICS grouping, with @FionamMacDonald @JenniferJJacobs & Grant Smith
bloomberg.com
Some of the US’s top Middle Eastern allies — including the world’s biggest oil exporter — are moving closer into the orbit of China and Russia, further complicating geopolitics upended by Russia’s...
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In recent interview Bashar Al-Assad denied involvement in captagon manufacturing & trade but admitted it was "flourishing" in #Syria because US & Europe "sowed chaos" by backing protests against him in 2011 & supporting those who have sought to topple him
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The US and Saudi Arabia have agreed on the broad terms of a deal for the kingdom to recognize Israel, WSJ reports, citing US officials
bloomberg.com
The US and Saudi Arabia continue to work on a framework aimed at Saudi recognition of Israel in exchange for US security guarantees for Riyadh — though the Biden administration signaled Wednesday...
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Kuwait Plans New Sovereign Investment Fund to Boost Growth - Bloomberg
bloomberg.com
Kuwait plans to launch a new sovereign investment vehicle to invest in the local market and boost economic growth, according to the government’s latest work program.
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As Middle Eastern sovereign wealth funds emerge as the go-to investors for some of the biggest deals, the world’s oldest is being eclipsed by its ambitious neighbors. By @FionamMacDonald, @Archanamideast and @NicolasParasie
bloomberg.com
As Middle Eastern sovereign wealth funds emerge as the go-to investors for some of the biggest deals, the world’s oldest and one of its largest is being eclipsed by its more ambitious, flashier...
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OPEC Shuts Bloomberg, Reuters and WSJ Out of Oil Conference - Bloomberg
bloomberg.com
OPEC has canceled accreditation for reporters from three major news organizations to cover a conference in Vienna that will feature the head of BP Plc and the European Union’s top energy official.
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To understand OPEC+'s self-inflicted predicament, start at an Ikea store, writes @JavierBlas
https://t.co/uvAk25vtFR via @opinion
bloomberg.com
A barrel of oil just doesn’t buy as much as it used to.
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First concrete result of #Iran-#SaudiArabia detente is emerging in #Syria, #Iran's main Arab ally. It's a win for Iran & reinforces its view that "we've entered a post-American Middle East," says @ksadjadpour. My latest w/ @FionamMacDonald & @ZainabFattah
bloomberg.com
Saudi Arabia is leading efforts to formally bring Syrian President Bashar al-Assad back into the Arab inner circle as early as next month, in what would be a win for Iran and Russia and in defiance...
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Crown Prince Mohammed bin Salman’s recent moves underscore #Saudi Arabia's growing geopolitical influence as a fossil fuel superpower #oil
https://t.co/XY1gVlpXSm via @markets by @FionamMacDonald & @samdagher
bloomberg.com
If ever there was any doubt over Saudi Arabia’s growing international assertiveness, Sunday’s decision to slash OPEC+ oil production put it to rest.
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“This is not a dead-cat bounce.” The head of #Kuwait's national #oil company gives us his thoughts on rising demand in #China. He's much more optimistic than in December, when he said he was “really nervous.” https://t.co/tyzG1TObGB
@youseftv @FionamMacDonald @BenBartenstein
bloomberg.com
Oil consumption in China, the world’s biggest importer, is rising strongly following the ending of coronavirus lockdowns, according to OPEC member Kuwait.
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#Kuwait’s state oil producer says it missed a three-week #methane leak I found in satellite data. If you think this sounds crazy — it is. A 🧵 on my latest for @climate
https://t.co/r1mkCYWJ84 1/6
bloomberg.com
Seven distinct methane clouds were observed near Burgan oilfield infrastructure in October.
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⛽️🇰🇼#Kuwait plans to ramp up exports of #diesel and airline fuel to Europe this year, going a small way to help the continent make up for a drop in flows from Russia from next month. https://t.co/qode2ZyScz
@FionamMacDonald
bloomberg.com
Kuwait plans to ramp up exports of diesel and airline fuel to Europe this year, going a small way to help the continent make up for a drop in flows from Russia.
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THREAD In a region where leaders use oil and gas wealth to gain influence and shake up economies, Kuwait stands out more for what it’s not doing https://t.co/YUzWYhXqbX
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“This bullying is not right.” How countries beyond the oil-producing #Gulf are questioning the #US ahead of the Group of 20 summit https://t.co/3slGmVcVqm via @bpolitics @FionamMacDonald @sudhiranjansen @A_DiPaola17
bloomberg.com
A dispute over oil has shown how countries are willing to push back against the US
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#Kuwait’s new National Assembly will be dominated by opposition and conservative lawmakers and include two women, after an election the country’s rulers hope will help end years of political wrangling with unelected ministers. https://t.co/MQtPMWrPRn
@bpolitics @FionamMacDonald
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On election day in Kuwait, by @FionamMacDonald
https://t.co/mnLXYDxYzM
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#OPEC+ ratifies plan to pump an extra 648k bpd of crude #oil in Aug. Markets barely blink, despite thinking the group can only add roughly 50-60% of that. For today, traders are more concerned about weakening demand. https://t.co/R4XfsnDvNR
@FionamMacDonald @S_Elwardany
bloomberg.com
The OPEC+ coalition ratified an oil-production increase that completes the return of supplies halted during the pandemic, while deferring discussions on its next move for another day.
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