Emerging Markets

Middle East crisis live updates: Houthis say US, UK will pay ‘high price’ after Yemen strikes

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Middle East crisis live updates: Houthis say US, UK will pay 'high price' after Yemen strikes

US President Joe Biden speaks during a campaign event on January 5, 2024. Drew Anger | Getty Images News | Getty Images A Houthi official vowed retaliation after the US and UK launched strikes against the group’s targets in Yemen in response to a wave of naval attacks that destabilized traffic on key Red Sea … Read more

Saudi Arabia has almost doubled the estimated value of its mineral resources

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Saudi Arabia has almost doubled the estimated value of its mineral resources

Saudi Arabia has nearly doubled its estimate of the value of its mineral resources and has seen lucrative deals signed during its Mineral Futures Forum in Riyadh this week, ministers told CNBC. Estimates of the kingdom’s untapped mineral reserves have jumped from $1.3 trillion in a 2016 forecast to $2.5 trillion, according to Saudi Minister … Read more