The FRN Daily News Brief 2020-07-29

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This Daily FRN News Brief is a summary of 3, articles about Headline-News, Ksa, Mena, Anglo-5, Opinions, Politics, United-States, Eurasia, Russia, Syria, Turkey.

Tags in this brief: Economy, Lockdown, Oil Prices, Saudi Arabia, Coronavirus Fraud, USA, Vaccines, Bashar Al-Assad, Christianity, Hagia Sophia, Hama, Neo-Ottomanism, Russia, Turkey.

Let us know in the comments if there is anything you miss coverage on!


Table of Contents


The ‘Bear Trap’ Backfires as Saudi Arabia Posts a $30 bln 2nd Quarter Deficit Due to Low Oil Prices

Published 2020-07-29 21:30:07 by Drago Bosnic in Headline-News, Ksa, Mena

RIYADH – Saudi Arabia posted a deficit of 109.2 billion riyals ($29.12bln) for the second quarter of this year as low oil prices hurt revenues, a finance ministry report published on Tuesday showed. The coronavirus lockdown has hurt the non-oil sectors of the world’s largest crude exporter this year, exacerbating the negative impact of historic price lows on the kingdom’s economy, Reuters reported. Second-quarter oil revenues fell by 45 percent year-on-year to $25.5bln. Total revenues dropped 49 percent to nearly $36bln. Total second-quarter expenditures dropped annually by 17 percent to approximately $65bln, the report on quarterly budget performance showed, although… Continue ->

Tags: Economy, Lockdown, Oil Prices, Saudi Arabia


REPORT: US Virus Experts Claim, ‘Even With Vaccine, We Will Be Dealing With This Forever’

Published 2020-07-29 21:05:18 by Drago Bosnic in Anglo-5, Headline-News, Opinions, Politics, United-States

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US pandemic experts claim that even with the vaccine, we will be forced to completely change our lifestyle, thus making the development of the vaccine a moot point. The question is, why would we even need a vaccine if the virus is here to stay “forever”? And why is it so important to confine ourselves to our homes and enforce social distancing, if it is crucial that we develop “herd immunity”? FRN Editorial Board WASHINTON, D.C. – US infectious disease experts’ claim, conveyed during a recent CNBC event, was encapsulated in related views on how much of a difference a… Continue ->

Tags: Coronavirus Fraud, Lockdown, USA, Vaccines


MAJOR: Syria to Build a Replica of Hagia Sophia With Russia’s Help

Published 2020-07-29 19:06:55 by Drago Bosnic in Eurasia, Headline-News, Mena, Russia, Syria, Turkey

DAMASCUS – President of Syria Bashar Al-Assad announced yesterday that he will build a replica of Hagia Sophia, showing his firm opposition to Turkey’s latest decision on converting the Greek Orthodox Cathedral into a mosque. Russia pledges to assist Syria in the construction of the church replica. Syrian President Bashar al-Assad has reiterated that, unlike Islamist Turkey, secular Syria desires a peaceful and positive interfaith dialogue. The country is home to a sizeable Christian population, which stood well over 10% of Syria’s population in prewar years, although that number is most likely considerably smaller now, as many Christians fled the… Continue ->

Tags: Bashar Al-Assad, Christianity, Hagia Sophia, Hama, Neo-Ottomanism, Russia, Turkey


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/ The Fort Russ News Team

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