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US Journalist Slams Qatar After Getting Detained Over Rainbow Shirt At FIFA World Cup: 'Keeps Moving Goalposts'
Tuesday, November 22, 2022 - 1:01am | 528American soccer journalist Grant Wahl said he was detained by security staff after he wore a rainbow shirt to the U.S. World Cup opener against Wales in Qatar. What Happened: Wahl wore the rainbow shirt to Qatar's Ahmad bin Ali Stadium where the match was taking place, to show solidarity with...
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Well This Is Awkward: 2022 World Cup Bans Beer Sales — And This Beer Sponsor Might Not Be Thrilled
Friday, November 18, 2022 - 1:40pm | 872The 2022 World Cup has officially kicked off with matches to start on Nov. 20. The event will be hosted by Qatar, a country that counts the majority of its population as Muslim. A major sponsor of the World Cup could be left with a big decision days before the event with its key product now...
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Qatar World Cup Ambassador Says Homosexuality 'Damage In The Mind,' Wants FIFA Visitors To Accept 'Rules'
Tuesday, November 8, 2022 - 6:39am | 356A Qatar World Cup ambassador said homosexuality was “damage in the mind,” as the Gulf state gears up to host over a million visitors for the global football tournament in less than two weeks. What Happened: “(Homosexuality) is haram. You know what haram (forbidden) means?,”...
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Seafarers Still Stranded At Sea — And More Test Positive
Wednesday, July 1, 2020 - 4:55pm | 1227Shipping groups and seafarer unions are desperately trying to convince governments to allow crew the right to transit after work contracts expire. Most governments still haven't listened. An estimated 200,000 crew remain stranded at sea, unable to get back to their homes after their initial work...
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Qatar Hamad Airport To Build Cargo Terminal
Monday, October 28, 2019 - 3:37pm | 441As part of an ambitious expansion plan, Hamad International Airport (HIA), located south of Qatar's capital Doha, plans to build a cargo terminal that will increase handling capacity to an estimated 3.2 million tons per year from the current 1.4 million tons. The terminal is slated to be ready by...
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Trump: Qatar Buying 'Large Numbers' Of Boeing Planes
Tuesday, July 9, 2019 - 3:53pm | 479Boeing Co (NYSE: BA) is selling “large numbers of commercial planes” to Qatar, U.S. President Donald Trump said Tuesday. Trump spoke with reporters while meeting Tuesday at the White House with the Emir of the oil-rich Persian Gulf nation, Sheikh Tamim bin Hamad Al-Thani. Qatar is...
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OPEC Departure Sends Qatar ETF Lower
Tuesday, December 4, 2018 - 2:18pm | 461Among single-country exchange traded funds, the iShares MSCI Qatar ETF (NASDAQ: QAT) doesn't get a lot of attention, but that changed Monday. QAT, the only U.S.-listed ETF focusing on stocks in Qatar, declined on news the country will depart the Organization of Petroleum Exporting Countries (...
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3 Reasons Why Oil Is Soaring Today — And What's Next For The Commodity
Monday, December 3, 2018 - 3:00pm | 714Oil was moving 4 percent higher Monday after three weekend developments: Russia and Saudi Arabia agreed to extend oil output cuts. Alberta Premier Rachel Notley shocked the oil market with a mandatory province-wide 8.7-percent production cut. Oil-rich Qatar said it will leave the OPEC...
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G20 Developments Send Oil Prices Soaring
Monday, December 3, 2018 - 11:17am | 524Oil prices surged Monday after a November in which prices fell more than 20 percent. The new wave of optimism in the oil market stems from some major headlines from the G20 summit over the weekend. Trade Truce The biggest headline for the global oil market may have had nothing to do with OPEC...
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Barclays Execs Charged With Conspiracy To Commit Fraud Over Qatar Deal
Tuesday, June 20, 2017 - 11:57am | 330Britain filed criminal charges against Barclays PLC (ADR) (NYSE: BCS) and four ex-bank officials over cash from Qatar that was meant to rescue the bank during the 2008 global financial meltdown. The United Kingdom Serious Fraud Office charged the bank with conspiracy to commit fraud by false...
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Will Qatar Blockade Quandary Create A Catalyst For U.S. Gas Companies?
Tuesday, June 13, 2017 - 1:48pm | 477For U.S. natural gas investors, Qatar’s problems may be the American natural gas industry’s opportunity. Diplomatic tensions between Qatar, the world’s largest natural gas exporter, and six Arab countries, including the United Arab Emirates and Egypt, recently came to a head over...
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Gartman On Oil Prices: Expect Further Downside Due To Contango
Monday, June 5, 2017 - 1:30pm | 496Dennis Gartman, editor and publisher of "The Gartman Letter," is known for shifting his stance on oil from bull to bear given the highly volatile and constantly changing factors that determine the price of oil. For instance, Gartman's 2016 call that oil won't trade above $44 per barrel in his...
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Saudi Arabia And Qatar's Diplomatic Fallout, Explained
Monday, June 5, 2017 - 8:55am | 437The Middle Eastern geopolitical landscape shifted over the weekend after a handful of Gulf countries officially cut ties with the small but rich nation of Qatar. Saudi Arabia, along with Bahrain, the United Arab Eremites and Egypt halted air, sea and land travel to and from Qatar, Bloomberg...
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Why Money Is Flowing Into This Country ETF
Friday, May 26, 2017 - 12:21pm | 513The Global X MSCI Pakistan ETF (NYSE: PAK) is up 8.3 percent year-to-date, a solid performance among the single-country exchange traded funds dedicated to nations classified as frontier markets. PAK: Purely Pakistan However, Pakistan will not be a frontier market for long and the country's...
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These ETFs Could Endure An Oil Slide
Thursday, October 20, 2016 - 1:42pm | 554The caveat here is “maybe” the following exchange-traded funds could endure an oil shock, though past performance indicates it will be difficult. After all, the iShares MSCI Saudi Arabia Capped ETF (NYSE: KSA) and the iShares MSCI Qatar Capped ETF (iShares Trust (NASDAQ: QAT)) are two...