Kuwait PM says Trump’s decisions will impact global economy

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Updated 11 February 2025
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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)


Egypt vows to prevent escalation between Lebanon and Israel amid tensions over Hezbollah

Updated 19 December 2025
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Egypt vows to prevent escalation between Lebanon and Israel amid tensions over Hezbollah

  • “Egypt will spare no effort in continuing its tireless endeavors to keep Lebanon away from any escalation,” Madbouly told reporters
  • Madbouly’s visit also focused on strengthening bilateral ties and addressing pressing regional development

BEIRUT: Egypt is doing all it can to prevent further escalation between Lebanon and Israel amid tension between the two neighbors over the disarmament process of the militant Hezbollah group, the country’s prime minister said Friday during a visit to the Lebanese capital.
Egypt, which signed a peace treaty with Israel in 1979, has been working for months to deescalate the regional tensions and Prime Minister Mustafa Madbouly’s visit to Beirut comes after similar trips to the small Arab nation by Egypt’s foreign minister and intelligence chief.
“Egypt will spare no effort in continuing its tireless endeavors to keep Lebanon away from any escalation,” Madbouly told reporters during a joint briefing with his Lebanese counterpart Nawaf Salam.
Madbouly’s visit also focused on strengthening bilateral ties and addressing pressing regional developments.
Madbouly’s meetings in Beirut came as the committee monitoring the enforcement of a US-brokered ceasefire that halted the latest war between Israel and Hezbollah a year ago held another meeting Friday.
Friday’s gathering along the Lebanon-Israel border was the second meeting of the mechanism after Israel and Lebanon appointed civilian members to a previously military-only committee. The group also includes the United States, France and the UN peacekeeping force deployed along the border.
A statement issued by the US Embassy in Beirut said that military participants offered operational updates and remained focused on deepening the cooperation by finding ways to increase coordination through the mechanism. It added that all participants agreed that a strengthened Lebanese army, the guarantors of security in the border area known as the south Litani Sector, “is critical to success.”
The embassy added that civilian participants meanwhile focused on setting conditions for residents to return safely to their homes, advancing reconstruction, and addressing economic priorities. It added that they underscored that durable political and economic progress is essential to reinforcing security gains and sustaining lasting peace.
The embassy said meeting participants reaffirmed that progress on security and political tracks remain mutually reinforcing and essential “to ensuring long-term stability and prosperity for both parties.”
The Lebanese government has said that the army should have the whole border area south of the Litani River cleared from Hezbollah’s armed presence by the end of the year.
The latest Israel-Hezbollah war began on Oct. 8, 2023, a day after Hamas-led militants attacked southern Israel, after Hezbollah fired rockets into Israel in solidarity with Hamas. Israel launched a widespread bombardment of Lebanon in September 2024 that severely weakened Hezbollah, followed by a ground invasion.
Israel has carried out almost daily airstrikes since then, mainly targeting Hezbollah members, but also killing 127 civilians, according to the office of the UN High Commissioner for Human Rights.
Also Friday, the Israeli military said that a Hezbollah operative who was captured from Lebanon last year played a major role in the group’s secretive maritime force. The military added that Imad Amhaz was trained in Iran and Lebanon to carry out maritime operations.
A Hezbollah official said the group will not comment on the video released by the Israeli military of Amhaz, describing him as “a Lebanese citizen who was kidnapped.” The official spoke on condition of anonymity because he was not authorized to speak to the media.