Kuwait PM says Trump’s decisions will impact global economy

Short Url
Updated 11 February 2025
Follow

Kuwait PM says Trump’s decisions will impact global economy

  • US president ‘only looking for his own benefits,’ says Sheikh Ahmad Abdullah Al-Ahmed Al-Sabah

DUBAI: Kuwait’s Prime Minister Sheikh Ahmad Abdullah Al-Ahmed Al-Sabah has warned that US President Donald Trump’s economic decisions would have “repercussions” for the entire world.

Speaking at the World Governments Summit in Dubai on Tuesday, in a departure from his planned speech, the prime minister said listening to Kristalina Georgieva, managing director of the IMF, about the direction of the global economy and AI “was a joy.”

He added: “But I need to ask you all to be very attentive to Trump’s decisions.

“He seems to be only looking for his own benefits which will affect the whole world and there will be repercussions.”

On Monday, Trump increased tariffs on steel and aluminum imports to a flat 25 percent, with no exceptions or exemptions.

Trump said his decision was aimed at supporting struggling American industries. But the action risks triggering a global trade war.

While signing the order at the White House, Trump announced plans to follow Monday’s action with reciprocal tariffs on all countries that levy duties on US goods within the next two days.

He also mentioned considering tariffs on cars, semiconductors and pharmaceuticals.

(Additional reporting from Reuters)


Israeli settlers target wells, disrupt water supply to 19 Palestinian areas near Ramallah

Updated 18 January 2026
Follow

Israeli settlers target wells, disrupt water supply to 19 Palestinian areas near Ramallah

  • Settlers broke windows, doors, control panels and cut the cables rendering the wells completely inoperable
  • Attacks by Israeli settlers on Palestinian homes and businesses have increased since October 2023

LONDON: Israeli settlers attacked water wells in the Ein Samia area, northeast of Ramallah, overnight, causing a disruption in the water supply for several hours, according to the Jerusalem District Water Department's report on Sunday.

The Palestinian Authority’s water authority reported that settlers targeted wells number two, four, and six in Ein Samia, disrupting their operation from Saturday at 10 p.m. until Sunday at 9 a.m. The attackers broke windows, doors, control panels and cut the cables, rendering the wells completely inoperable.

It warned that attacks on the primary water source jeopardized access to water for over 19 areas in the occupied West Bank, worsening the difficulties faced by residents near Ramallah.

Attacks by Israeli settlers on Palestinian homes and businesses have increased since October 2023.

These incidents include vandalism, arson, shootings, and the destruction of agricultural lands and water sources, often intended to pressure residents into leaving their land. Israeli authorities often provide protection for settlers during attacks, including military deployment to accompany them and suppress local resistance, the Wafa news agency reported.

Excluding East Jerusalem, which was occupied and annexed by Israel in 1967, some 500,000 Israeli settlers live in the West Bank, along with about 3 million Palestinian residents.