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Saudi Arabia transfers 4% of Aramco shares to sovereign wealth fund

Saudi Arabia transfers 4% of Aramco shares to sovereign wealth fund

Saudi Arabia's Crown Prince Mohammed bin Salman announced the transfer of 4 percent of the Saudi oil giant Aramco’s, shares to the Public Investment Fund, the Saudi sovereign wealth fund. The transferred share are valued up to $80 billion. The move is another step by the Kingdom to diversify the economy and move it away from dependency on oil. 
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Opinion: The baggage of history slows down Europe's actions in the international arena

Opinion: The baggage of history slows down Europe's actions in the international arena

As the conflict over Ukraine heats up, several political analysts have pointed to the slow initial reaction by key European states, including France and Germany, to call Russia out when it first started mobilising troops at the border, writes Jolyon Wiersum in this op-ed. Analysts of the Normative Europe Theory see a series of contradictions which lie at the heart of the EU’s difficulty in responding to outright aggression on the international stage.  
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The imminent threat of war in Europe

The imminent threat of war in Europe

The United States has called on all its citizens in Ukraine to leave the country before Monday, as war in Europe now appears imminent. Unofficial American sources say it is possible the Russian invasion of Ukraine will start on Wednesday, 16 February. The UK, the Netherlands and Latvia are among the countries that have also told their citizens in Ukraine to leave immediately. The EU has told its non-essential staff in Kyiv to leave also.