Search - covid 19

Saturday, February 07, 2026 | Daily Newspaper published by GPPC Doha, Qatar.

Search Results for "covid 19" (360 articles)

Visitors walk past the Boeing booth at the Singapore Airshow in Singapore Wednesday. Southeast Asia offered the biggest growth potential for global air travel, Boeing said Wednesday as it forecast demand for almost 5,000 new aircraft in the region over the next 20 years.
Business

Boeing eyes booming Southeast Asian skies

Southeast Asia offered the biggest growth potential for global air travel, Boeing said Wednesday as it forecast demand for almost 5,000 new aircraft in the region over the next 20 years.The region, which has trailed other parts of the world in recovering from the Covid-19 pandemic's impact on aviation, is now catching up fast as travel rebounds and new opportunities emerge, said the firm's vice-president of commercial marketing Darren Hulst."This is a growth market and Southeast Asia actually leads the world in terms of regional growth potential," he told a briefing during the Singapore Airshow."A growing middle class and strong tourism demand are driving this rise in air travel across the region's domestic and international routes," he told journalists.To support the expected fleet growth of 4,885 new planes, Southeast Asia's aviation industry is expected to need 243,000 new professionals, including 62,000 pilots, 103,000 cabin crew and 78,000 new technicians, Hulst added.Southeast Asia is a vast region where air connections play a vital role, particularly in archipelagic nations such as Indonesia.Regionally "air travel continues to be the most efficient way to connect people and places", Hulst said.Boeing on Tuesday signed a deal with Air Cambodia for 10 "narrowbody" 737 Max 8 passenger liners, the deal first to be announced at this year's Singapore Airshow.The two-engined plane usually carries 178 passengers and has a range of around 6,500 kilometres (4,000 miles).Now in its tenth year, the Singapore Airshow is the region's premier aviation exhibition event and features both civilian and defence companies. 

Minister of State for Energy Affairs His Excellency Saad Sherida al-Kaabi addresses a plenary session at the 21st International Conference and Exhibition on Liquefied Natural Gas (LNG2026) 
Picture: Noushad Thekkayil
Business

Qatar: AI surge fuels global gas demand

A higher than anticipated power requirement for data centres and global growth has increased the demand for gas, whose market will have some oversupply between 2025 and 2030, but a shortage beyond 2030, Qatar's Minister of State for Energy Affairs His Excellency Saad Sherida al-Kaabi said Monday.Addressing the first plenary session 'Global LNG (liquefied natural gas) Dynamics: An Industry Perspective' at the 21st International Conference and Exhibition on Liquefied Natural Gas (LNG2026); al-Kaabi, who is also the president and chief executive officer of QatarEnergy, said "we have expanded tremendously in gas because of our belief of the requirement for it in the future and we still have that belief."He said the demand has increased not only due to the economic growth but also now with the growing power requirements of AI (artificial intelligence) and data center."The sustained power requirement as a base load has just stepped up the requirement for gas much more than we thought in the past," he said at the panel, comprising Ryan Lance, chairman and chief executive, ConocoPhillips; Darren Woods, chairman and chief executive, ExxonMobil; Wael Sawan, chief executive, Shell; and Patrick Pouyanné, chairman and chief executive, TotalEnergies SE.In discussions with developed Asian countries like Japan and South Korea, data center came up as a demand because the sector is driving up the (power) requirements, because everybody wants to have data centers on their own as sovereign requirement, al-Kaabi said.Stressing that Qatar had taken a "courageous" decision regarding North Field Expansion when the market was down, especially during Covid time; he said "we have strong balance sheets and we have basically the belief that the market will require this volume in the future."Stressing that a small oversupply was anticipated between 2025and 2030; he said if growth in Europe and the requirements of AI and data centers pan out, "I think there will be a shortage, instead of an oversupply, by 2030."Referring to QatarEnergy’s expansion projects; he said the mega-projects that have been launched a few years ago would more than double QatarEnergy's LNG production from 77mn tonnes per annum to 160mn tonnes per annum, including 142mn tonnes per annum from Qatar's North Field."Our projects will contribute about 40% of the new global LNG supplies over the next decade,” he said.Highlighting that China and India would be driving the main demand (for gas); al-Kaabi said a lot of Asian countries, whether Bangladesh, Sri Lanka, the Philippines and Vietnam, the requirement "is going to be huge".Referring to the Middle East, which has plenty of oil; he said some countries don't have enough gas, and there is a requirement for gas in the region, and there is a growth in population that needs additional power. 

Gulf Times
International

Nipah virus risk low in India with no sign of spread: World Health Organisation

 A World Health Organisation official yesterday said the risk of ‌the spread of ‍the Nipah virus is low, saying that none ⁠of the over 190 ⁠contacts of the two people infected in ‍India had tested positive or developed symptoms of the disease.Hong Kong, Malaysia, Singapore, Thailand and Vietnam are among the Asian locations that tightened airport screening checks this week to guard against such ‌a spread after India confirmed infections."The risk on a national, regional and global level ‍is considered low," Anais ⁠Legand, an ‌official with WHO's Health Emergencies Programme, told a Geneva press briefing, saying that neither person travelled while symptomatic. Both of the infected patients are hospitalised and are alive, she added, with one showing signs of improvement.Legand said the WHO was waiting for India to release the sequence of ​the virus to ‌assess any possible mutation but said there was "no specific ⁠evidence that ‍would make us worry for the time being".Carried by fruit bats and other animals, the virus can cause fever and brain inflammation. It has a ​fatality rate ranging from 40% to 75%, with no cure. Vaccines in development are still being tested.The source of this infection is not yet fully understood. Hypotheses such as infection from drinking palm juice or exposure at healthcare facilities are ⁠being considered, Legand said.Meanwhile, several leading experts ⁠yesterday said the airport screenings for ‌Nipah virus, which have been stepped up across Asia ‌this week, are more about reassurance than science,The WHO yesterday said it did not currently recommend airport screening."Based on what we currently know, there is a very low likelihood that this outbreak will cause a large international epidemic,” said Dr Md Zakiul Hassan, a Nipah specialist at icddr,b, a global health research institute in Bangladesh, where Nipah cases are reported almost every year.Piero Olliaro, professor of poverty-related disease at the University of Oxford, said airport screenings for such a rare disease were likely to be ineffective."Countries sometimes do these things just to show them flexing the muscles... ​telling their people that they're ‌doing something to protect them,” he said. Olliaro and other public health experts said airport temperature screenings ⁠rarely worked to stop ‍the spread of disease. During Covid-19, for example, they missed the majority of cases, studies have shown.Also, many illnesses can cause a fever, and follow-up testing for a rare disease like Nipah is time-consuming, the experts added. Instead, the world’s focus on Nipah would be better directed ​at better understanding the virus where it currently spreads, and protecting those at risk from it with new vaccines and treatments. 

Gulf Times
Qatar

Healing through leadership and art

From hospitals to canvases, Banan Soliman is reshaping wellbeing in Qatar, blending public health, art, and leadership to help people reconnect with themselves and thrive in uncertain times.Soliman is not one to stay in a box.A public health leader and accomplished artist, she has spent over two decades moving seamlessly between government corridors and creative studios, guided by one question: “How can I make a real difference in people’s lives?”Her role in Qatar’s health sector has seen her co-ordinate national operations during the coronavirus (Covid-19) pandemic and the FIFA World Cup 2022, ensuring hospitals and health systems were ready under immense pressure.“Leadership is not about control or only managing systems,” she told *Gulf Times. “It’s about having clarity under pressure and helping teams stay focused when uncertainty is high.”Soliman recalled the human side of these crises.“During Covid-19, many teams were anxious about their safety, and it affected performance and even their immunity,” she recounted. “My role was to bring focus and empathy into the system. Leadership meant not only co-ordination and efficiency, but also protecting trust and psychological safety.”“Even at peak demand, we stay committed to patient experience, because how people are treated is just as important as what systems deliver,” she added.Alongside public service, Soliman has built a parallel life as an artist.Her works, rooted in Arabic calligraphy and contemporary abstraction, have been exhibited worldwide and commissioned by Formula 1 champions, FIFA athletes, and cultural icons.Her calligraphy series, “Light Upon Light”, merges Qur’anic verses with contemporary design.“Each artwork reminds people of their own inner strength and divine connection,” she said. “Art became the bridge between science and the spiritual dimension – it restores us, regulates the nervous system, and speaks to the soul.”Her commitment to service extends into her creative practice.In Germany, she curated charity exhibitions supporting Syrian children’s hospitals.In Qatar, she organised fundraising art events for Palestine, with proceeds directed to the Red Crescent Society.“Beauty gains meaning when it moves energy into action,” Soliman explained. “Creating with intention feels lighter, more alive. And giving heals all sides – the artist, the buyer, and the cause being supported.”She is now expanding her work in Qatar through retreats blending art, public health insights, and even kitesurfing.“Thriving comes naturally when what you do matches who you are. It’s less about productivity, more about inner balance,” she said. “Qatar’s landscape, where desert meets sea, offers the perfect space to pause, realign, and remember who you are.”For Soliman, success is measured not in titles or exhibitions, but in impact.“Whether designing a policy, a building, or a painting, my goal is the same: to create environments where people feel supported to live with balance and flourish,” she told *Gulf Times.From leading health operations to painting calligraphy, Banan Soliman shows that true leadership, creativity, and wellbeing are inseparable.Her journey is a reminder that passion is a compass, and the real measure of success is helping people feel more at home within themselves. 

A father and son sled near the US Capitol building in Washington, DC, after a winter storm swept across a large swath of the US. Reuters
International

Historic winter storm kills at least 11 across US

A monster storm barreling across the United States had killed at least 11 people Monday, prompting warnings to stay off the roads, mass flight cancellations and power outages after a weekend of misery.The storm dumped snow, sleet and freezing rain across swathes of the country from Texas to New England, with temperatures set to fall dangerously low this week.New York City Mayor Zohran Mamdani said five people were found dead outside over the weekend, telling reporters "there is no more powerful reminder of the danger of extreme cold”.In Texas, authorities confirmed three deaths, including a 16-year-old girl killed in a sledding accident.Two people died in Louisiana from hypothermia, the southern state's health department said.Meanwhile, one person was killed and two others injured on Saturday during a winter weather related collision in southeast Iowa, according to local State Patrol.The brutal storm system is the result of a stretched polar vortex, an Arctic region of cold, low-pressure air that normally forms a relatively compact, circular system but sometimes morphs into a more oval shape, sending cold air spilling across North America.Scientists say the increasing frequency of such disruptions may be linked to climate change, though the debate is not settled and natural variability plays a role.While the storm system was expected to drift away from the East Coast into the Atlantic, a blast of Arctic air was rushing in from Canada behind it, prolonging sub-freezing temperatures for several more days, the National Weather Service (NWS) said."This storm is exiting the East Coast now, with some lingering snow squalls," said Allison Santorelli, a meteorologist with the NWS's Weather Prediction Centre. "But the big picture story is the extreme cold, it's lasting into early February."Almost 200mn Americans are under some form of extreme cold alert, from along the Canadian border to the Gulf of Mexico, forecasters said.Lubbock, Texas, had a low of -4° Fahrenheit (-20° Celsius) Monday, and New York City, Washington DC and Boston all faced single-digit temperatures through much of the week ahead.More than 800,000 homes and businesses across the southeastern US were facing the cold weather without power, according to the tracking site PowerOutage.us, including more than a quarter million customers in Tennessee.The storm snarled air traffic, with more than 12,500 US flights canceled on Sunday – the most of any day since the onset of the coronavirus (Covid-19) pandemic in 2020.About 3,900 flights within, into or out of the United States were canceled Monday as of 9.15am ET (1415 GMT), according to the tracking website FlightAware.US Transportation Secretary Sean Duffy told CNBC that he hopes airports will be "back to normal" by Wednesday.In Bonito Lake, New Mexico, residents were shoveling out after 31” of snow.New York City's Central Park received 11.4”, while Logan Airport in Boston saw 18.6”, the NWS’s Santorelli said.New York Governor Kathy Hochul said she had mobilised National Guard troops in New York City, Long Island and the Hudson Valley to assist with the state's emergency storm response.Announcing that schools would be shut for a remote school day, New York City's Mayor Mamdani quipped: "I know that this may disappoint some students, so if you do see me, feel free to throw a snowball at me."Still, despite the disruptions, the winter conditions were fun for many, including in Washington DC, where a huge crowd gathered on Sunday for a raucous impromptu snowball fight in Meridian Hill Park.Families brought sleds to Capitol Hill, where children zoomed down the steep slope below the white-domed seat of the US Congress. 

Gulf Times
Opinion

Prioritising youth, integrating technology key to education

Education is a fundamental pillar of sustainable development worldwide, with countries and international organisations attaching great importance to developing educational curricula and expanding the academic structures of educational institutions to advance societies and keep pace with the times, while also safeguarding and promoting humanitarian values.The selection by Unesco of the theme “Empowering Youth to Shape Education Policy” to mark the International Day of Education on January 24 embodies the role of young people as active agents in leading change and building a sustainable educational future, at a time when they constitute more than half of the world’s population and face challenges including poverty, limited opportunities, and difficulties in accessing quality education and decent work.Data issued by Unesco in 2024 show that approximately 251mn children and young people are deprived of schooling, despite decades of progress and continuous efforts to integrate them into education systems. In addition, 617mn children and adolescents face difficulties in reading or performing basic arithmetic, while the number of illiterate adults reaches around 771mn people, highlighting the urgent need to intensify efforts to curb this serious phenomenon and achieve education for all.The 2024 Global Education Monitoring Report by Unesco shows that the number of out-of-school children worldwide declined by only 1% over nearly a decade. While this decrease reflects some modest progress, it does not conceal the shortfall in investment in education, particularly in low- and middle-income countries.Unesco has called on member states to make use of innovative financing mechanisms, create educational measures better aligned with available resources, and highlight the role of youth in building an optimal educational community by encouraging educational institutions and community organisations to organise events and workshops that support youth leadership in education.In 2025, the celebration of the International Day of Education focused on artificial intelligence (AI) and education, aiming to preserve human intervention in an increasingly automated world and to redefine the role of education in empowering individuals to understand and influence technology, thereby ensuring a balance between innovation and maintaining the human role in the educational process.Sustainable developmentEducation represents a cornerstone for achieving sustainable development. In September 2015, the international community adopted education as one of the main pillars of the 2030 Agenda for Sustainable Development, recognising it as an essential condition for achieving all its goals. Goal Four of the agenda emphasises ensuring inclusive and equitable quality education and promoting lifelong learning opportunities for all, thereby strengthening human development. Article 26 of the Universal Declaration of Human Rights stipulates that every individual has a fundamental and inherent right to education, including access to free and compulsory primary education. Accordingly, the United Nations and Unesco strive to guarantee this right for all by eradicating poverty, achieving a promising future, and underscoring the importance of education as a key element in development. Over the past five years, International Day of Education events have focused on various ideas related to global challenges in the field. Themes included recovery post Covid-19, transforming education, using education to promote peace, and the integration of AI while preserving human agency.In Qatar, the wise leadership attaches great importance to education and its development in line with modern international standards and curricula. The Ministry of Education and Higher Education marks the International Day of Education annually, with the participation of public and private schools in organising a range of educational activities, workshops, exhibitions, and competitions, aimed at strengthening students’ awareness of social responsibility in the field of education.In this context, Assistant Undersecretary for Educational Affairs at the Ministry of Education Maha Zayed Qaqaa al-Ruwaili told the Qatar News Agency that Qatar National Vision 2030 represents the comprehensive strategic framework guiding state policies. She emphasised that one of its most important commitments is to develop educated individuals capable of innovation and effective contribution to national development through an education system that matches leading global systems.Al-Ruwaili added that the ministry had launched an integrated strategy built on key pillars, including curriculum development, improving the quality of educational outcomes, strengthening innovation and digital transformation in education, and achieving equity and equal opportunities. She explained that this is being implemented through qualitative projects and programs, most notably the development of the general framework for the national curriculum, the expansion of early childhood and inclusive education, the adoption of modern educational models such as STEM, and the diversification of academic, technical, and vocational pathways.She noted in this regard that the ministry has given special attention to early childhood education, achieving significant progress in raising kindergarten enrolment rates in line with international organisations’ recommendations. This was accompanied by efforts to increase the proportion of qualified teachers through the accreditation of specialised kindergarten teachers, while also ensuring that school buildings are equipped according to global standards that take into account the needs of students with disabilities.She further pointed out that the general framework of the national education curriculum of the State of Qatar has been issued, and that the learning management system Qatar for Education has been implemented across all public schools.Performance indicatorsAl-Ruwaili highlighted that high-quality education in Qatar has produced outstanding students, many of whom have achieved notable accomplishments in scientific, technological, and cultural competitions and Olympiads at the regional and international levels. She said this reflects the quality of education, the effectiveness of enrichment programs, and students’ ability to compete globally.She added that these efforts have translated into a marked improvement in international performance indicators, with Qatar achieving progress in results of international assessments such as PIRLS, PISA, and TIMSS, ranking at the top at the Arab and Gulf levels in some indicators.She also noted that topics related to artificial intelligence, introduced through progressively structured educational levels, will gradually be incorporated into early stages of schooling, alongside strengthening logical thinking skills and awareness of the responsible use of smart technologies. She added that this was being carried out in co-operation with the Ministry of Communications and Information Technology, in addition to the development of cybersecurity education curricula in their first and second editions in co-operation with the National Cybersecurity Agency. The quality of education and competitiveness indicators are measured by criteria that include educational quality, the research environment, the quality of scientific research, international openness, and co-operation with industry. The QS World University Rankings 2026 evaluate institutions based on five main indicators, led by research and discovery, employability and outcomes, global engagement, learning experience, and sustainability.Regarding higher education institutions in Qatar, Director of Ibn Khaldon Center for Humanities & Social Sciences, Professor Badrane Benlahcene, told QNA that the academic curricula at Qatar University in particular contribute to supporting the human development pillar by encouraging critical scientific thinking, raising the competencies of researchers and students, and providing platforms for scholarly dialogue that transform real-world issues into research questions that can be studied and measured.He said this approach aligns with building a knowledge-based economy, enhancing innovation in public policy management, developing development programmes, and strengthening the role of scientific research in serving society and decision-makers. 

People visit a business district in Beijing on Sunday. The 5% expansion was in line with Beijing's annual target — a low-ball figure analysts have likened to a political comfort blanket. But observers warned it was driven largely by exports and masked weak sentiment on the ground.
Business

China's 2025 economic growth among slowest in decades

China's economy grew at one of the slowest rates in decades last year, according to official data released Sunday, as authorities struggle to overcome low consumer spending and a debt crisis in the property sector. The 5% expansion was in line with Beijing's annual target — a low-ball figure analysts have likened to a political comfort blanket. But observers warned it was driven largely by exports and masked weak sentiment on the ground. In a sign of the work ahead for leaders, the data also showed a significant slowdown in the last quarter of the year as expected, growing at 4.5%. "The impact of changes in the external environment has deepened," said National Bureau of Statistics (NBS) official Kang Yi. "The domestic contradiction of strong supply and weak demand is prominent, and there are still many old problems and new challenges in economic development," he told a news briefing. While the reading was in line with the government's target of "around 5%" — allowing officials to declare victory — Chinese consumers remain jittery about the wider economy and high unemployment. That is despite officials relaxing fiscal policy and subsidising the replacement of household items in a sputtering bid to boost spending. "Everyone is thinking harder about their spending under these poor economic conditions," Yang Qing, a woman visiting a tourist area in Shanghai, told AFP. Policies and measures to boost consumption would continue into 2026, Kang noted, including the trade-in scheme for old household appliances. "The gradual implementation of policies to clear unreasonable restrictions in the consumption sector will support consumption growth," he said. Figures on Sunday also showed that growth in retail sales, a key indicator of consumption, slowed to 3.7% last year from 4% in 2024. For December, the reading came in at 0.9% on-year — the weakest pace since the end of 2022, when stringent zero-Covid measures ended. The decline in sales likely reflects the waning impact of consumer subsidies, Zichun Huang of Capital Economics wrote in a note. But overall figures likely "overstate the strength of the economy", she said. Industrial output expanded 5.9% in 2025, a slight slowdown from the previous year, while the 5.2% increase seen in December was an improvement on November's pace. "The December activity data suggest that output growth gained some momentum at the end of the year, but that's largely driven by resilient exports," Huang said. "We expect growth this year to be at least slightly softer than in 2025," she added. Officials were keen to point to China's factory activity, which ticked up slightly in December to provide an unexpected silver lining to an otherwise lacklustre year's end. A key measure of industrial health, the manufacturing purchasing managers' index, ticked up to 50.1 last month, according to NBS data, just above the 50-point mark separating contractions from expansions. The figure had not been positive since March. But China's property sector, once a major indicator of the country's economic strength, is mired in a debt crisis despite interest rate cuts and loosened restrictions on homebuying. Fixed-asset investments in China shrunk 3.8 % in 2025, reflecting a rebalancing following decades of heavy spending on property and infrastructure. The broader housing market remains sluggish, with real estate investment down 17.2 % last year. Donald Trump's return to the White House last January and the revival of a fierce trade war between the world's two largest economies added to Beijing's problems. Chinese President Xi Jinping and Trump reached a tentative truce when they met in late October, agreeing to pause painful measures that included lofty tit-for-tat tariffs. Official data showed Chinese exports to the US plunged 20% in 2025, but that had little impact on demand for Chinese products elsewhere. Despite the bruising trade war, robust exports remained a bright spot in the cloudy economic picture. China's trade surplus hit a record $1.2tn last year, with officials lauding a "new historical high" filled by other trade partners than the US. Shipments to the Association of Southeast Asian Nations rose 13.4% year-on-year, while exports to African countries surged 25.8%. Exports to the European Union were also up 8.4%, though imports from the bloc dipped. Wang Dongdong, a Shanghai local working in international trade, said his business had done well enough last year that he felt confident splurging on a new car and a trip to Japan. "I think 2026 will be better than 2025, based on international trends," he told AFP. 


US President Donald Trump and Jerome Powell at the White House in a file photo. — Reuters
Opinion

Trump versus the Federal Reserve – the facts that you need to know

Jerome Powell, head of the US Federal Reserve, said the Justice Department has opened a criminal investigation against him for allegedly misleading Congress about a building renovation project at the central bank’s headquarters.The action marks a dramatic escalation in President Donald Trump’s pressure campaign against the top policymaking body for the US economy, which Trump thinks is not lowering interest rates fast enough.The White House says Trump did not order the investigation, but Trump, who has threatened ‌to fire Powell, has called on him to resign, and has said he should face legal consequences for the renovation’s cost overruns.Outside observers say Trump’s actions could ‌erode the independence of the world’s most important central bank and reduce ‍confidence in the US economy.WHY DOES THIS MATTER?Since returning to office a year ago, Trump has sought to bend the US government to his will by firing tens of thousands of civil servants, eliminating internal watchdog positions, and dismissing Democratic appointees from agencies like the Federal Trade Commission that were set up to be run in an independent fashion.The Fed is just one of his targets, but perhaps the most significant. The Federal Reserve is tasked with keeping inflation in check, unemployment low and the financial system operating smoothly. ‍It does this by setting the baseline for the cost of credit. While the Fed only controls the federal funds rate - the interest rate that banks charge each other for overnight loans - that serves as a foundation for the cost of other types of lending like home mortgages and credit cards.If the Fed sets the interest rate too high, that can discourage borrowing, which can then weigh on consumption and investment and slow the economy. If the Fed sets interest rates too low, the economy can overheat, leading to higher inflation. The Fed sharply hiked the federal funds rate in 2022 and 2023 to combat inflation following the Covid-19 pandemic and has been gradually lowering it since 2024. It cut rates three times at the end of last year.WHAT’S MEANT BY FED INDEPENDENCE?Congress designed the Fed to be insulated from political pressure. The seven members of its Board of Governors serve 14-year terms, which ensures that no ‌president can nominate a majority. Moreover, board members make interest-rate decisions with five of the 12 regional bank presidents casting votes as well on an annual rotation, which decentralises power from Washington. The Fed also controls its own budget and does not rely on Congress for funding.Trump has repeatedly called on the Fed to slash interest rates to as low as 1% - a level rarely seen outside of a crisis - and he ‍has criticised Powell when the central bank has not followed his wishes.Trump also tried to fire another Fed ‌governor, Lisa Cook, for allegedly filing misleading mortgage documents. Cook has denied wrongdoing and sued to keep her job. The Supreme Court is due to hear her case on January 21, and its decision is expected to have major implications for the central bank’s independence.IS THIS NORMAL?No. While past presidents have on occasion pressured the Fed to lower interest rates, none has ever publicly threatened to fire Fed officials or targeted them with criminal charges.The Justice Department also is playing an unusual role here. The agency has filed criminal charges or announced investigations into several of Trump’s political rivals over the past year, including former FBI Director James Comey, New York Attorney General Letitia James and Democratic Senator Adam Schiff. That’s a sharp departure from previous administrations, as prior attorneys general have operated with a degree of independence from the White House in order to maintain public confidence in law enforcement.WHAT IS THE RENOVATION PROJECT?A planned renovation of two historic buildings in the Fed’s Washington headquarters has run over its initial budget of $1.9bn to about $2.5bn. That has been attributed to higher-than-expected labour and materials costs, design changes, and unforeseen issues like asbestos and lead contamination.Trump has accused Powell of mismanagement and suggested potential fraud, though he has not provided evidence. The White House has also criticised the project as ostentatious, with claims of lavish features like VIP elevators and premium marble. Powell has said that is not accurate and has defended the need to ​remove hazardous materials.WHAT IS POWELL BEING INVESTIGATED FOR?Powell said in a ‌video statement that he has been served with subpoenas by the Justice Department for his testimony to the Senate Banking Committee last June about the renovation. That could indicate the Justice Department is preparing to indict him for lying to Congress - a charge the department also brought against Comey. That case was thrown out of court. Powell has denied wrongdoing, and the ‍Justice Department has not yet commented on the investigation. Several Republican members of the Senate Banking Committee have said they are not troubled by the renovation project, or Powell’s testimony about it.COULD THIS BACKFIRE ON TRUMP?Potentially. Powell’s term as Fed chair will end in May, but he could opt to remain on the board until 2028, delaying Trump’s opportunity to further reshape the board with more sympathetic figures. Trump’s move is also upsetting some Republicans in Congress, who until now have largely been deferential to the president.Senator Thom Tillis of North Carolina said he will not support any of Trump’s future Fed nominees, and Senator Lisa Murkowski of Alaska has called for an investigation of the Justice Department. Tillis’ opposition is significant as he sits on the Banking Committee that oversees the Fed, and Republicans hold just a ​slender 13-11 majority.His opposition could deadlock the committee and prevent any nominees from advancing to a confirmation vote in the full Senate. That could prevent Trump from installing a permanent ally after temporary appointee Stephen Miran’s term expires on January 31. The Senate’s top Republican, John Thune, acknowledged Monday that the Powell investigation could make it harder to confirm Fed nominees.Of course, Trump’s pressure campaign could also succeed. Powell and Cook could be forced off the Fed board one way or another. The Supreme Court could rule that Trump has the right to fire Cook, and Powell could get criminally charged and found guilty. That would open up two spots for Trump to fill.The Fed next meets to set interest rates on January 27-28, with little expectation of another rate cut. Indeed, several of this year’s crop of voting regional bank presidents are opposed to any further rate cuts and so far seem unbowed by Trump’s pressure.WHAT DO INVESTORS THINK SO FAR?Outside observers argue that a politicised Fed would have less freedom to steer the economy as it sees fit, raising the risk of higher inflation and undermining the dollar’s status as the world’s reserve currency. That could cause investors to demand higher interest rates for US government debt and raise borrowing costs, analysts say. Analysts warn that the Powell investigation is a clear sign that the Fed’s independence is at risk, but investors do not seem alarmed... yet. After a lower start last week, major US stock indices closed modestly higher.

Gulf Times
Business

Gulf’s FinTech moment: Growth, gaps, and what comes next

There is much more to FinTech than companies that provide banking apps. We are living through a technological revolution in the ways in which financial services are delivered across the economy, from personal banking to business-to-business insurance. There is much growth still to take place, with penetration of digital methods and AI that is high in some applications, and low in others.A recent report by the Qatar Development Bank (QDB) chronicles this development and makes recommendations for further progress.Current and anticipated growth in the FinTech sector in the Gulf Co-operation Council economies is high: With revenues in the sector set to grow from QR5.6bn revenues in 2023, to QR31.7bn by 2030, the Qatar Development Bank reports. This is a compound annual growth rate of 25%.Evolution of FinTech is relatively recent in the nations of the Gulf Co-operation Council, but development is accelerating after a slow beginning. A Deloitte study in 2020 showed a FinTech adoption rate of 22% among Middle Eastern consumers. Peer-to-peer transfers was the most widely used application.The Covid-19 pandemic accelerated development, causing an increase in online retailing. Globally, there was a surge in venture capital investment in FinTech firms in 2021, when it reached QR441bn, before dipping to QR323bn in 2022.In terms of the number of FinTech firms, the leader in the Gulf region is the United Arab Emirates, with 686. Qatar comes fourth, with 102 firms established. There is scope for further technological innovation, as well as the spread of existing digital payment systems.Generative AI is increasingly being used for a range of applications. It can help with fraud detection, by identifying suspicious patterns of activities, and with checking credit-worthiness. Customer service can be improved with instant advice from smart chatbots. Large language models can, within certain safeguards, help provide personalised financial advice. And AI can help with regulatory compliance.Insurance is a sector that is being transformed by technology. Increasingly known by the shorthand term InsurTech, new technology can make it easier for customers to manage policies and settle claims quickly. There is also the scope for under-served, low-income citizens to have greater access to insurance. Increased operational efficiency can help providers reduce premiums.Globally, the InsurTech market is projected to experience a compound annual growth rate of around 38%, reaching QR678bn by 2030. However, InsurTech accounts for just 0.3% of the total insurance market globally, which amounts to $6.9tn.Another significant FinTech application is the development of blockchain and smart contracts. A blockchain is a type of distributed ledger technology, which speeds processes, reducing the need for intermediaries. A smart contract enables automatic payments once key contractual requirements are met.Islamic FinTech is an established sector. AI can help ensure that investments are compliant with Shariah law, as well as being socially and environmentally responsible. Qatar is host to specialist Islamic finance industry.The Qatar Central Bank (QCB) established a National FinTech Strategy in 2023. The four pillars of the strategy are infrastructure, growth, skills and financial inclusion. Some 29 initiatives have been planned for the first five years, with many already underway. The country’s Third Financial Sector Strategic Plan was launched in the same year, and covers banking, digital finance, insurance and capital markets.FinTech has been the leading sector for venture capital in Qatar, attracting QR46mn of funding, three times more than any other industry. Key to the development has been the establishment of the Qatar FinTech Hub. Established in 2022, it creates ‘waves’ of programmes, in which start-ups receive mentoring, business advice and market access support. The Hub contributed more than QR54mn by 2024, and has set up five waves.In Qatar, the total digital payments market rose from QR107bn in 2022 to an estimated QR130bn in 2024, and is projected to reach QR181bn by 2028. The transaction value of e-commerce payments has come down, indicating that digital payments are used more for everyday transactions.The report categorises five categories according to market maturity and potential. They are: Peer-to-peer lending, buy-now-pay-later, InsurTech, digital wallets and digital payments. All five score at least medium on growth potential, while InsurTech and peer-to-peer lending are low on maturity.Recommendations are grouped into three categories: Leveraging existing support, such as the Qatar FinTech Hub; exploring opportunities across the value chain, such as collaboration between software firms and existing players; and prioritising the identification of market needs, including under-served sectors.The author is a Qatari banker, with many years of experience in the banking sector in senior positions. 

This picture take last year shows a measles alert sign outside the entrance to the Cohen Children's Medical Centre, in New Hyde Park, New York. – Reuters
International

Measles cases in South Carolina explode to 558

South Carolina reported nearly 250 new measles cases this week, official figures showed on Friday, bringing the total of confirmed infections to 558 since October as the threat of a wider outbreak increased.State epidemiologist Linda Bell said on Wednesday that the risk to unprotected individuals, including those traveling to the outbreak area in the northwestern part of the state, was increasing.At least 531 people are in quarantine after being exposed to the virus, and another 85 people who are symptomatic are in isolation to keep from spreading the disease."It is only a matter of time before a very severe or even fatal case occurs," said Dr Amesh Adalja, infectious disease expert at the Johns Hopkins Centre for Health Security, noting that about one in every 1,000 measles cases results in death.He said the larger the outbreak grows, the more difficult it will be to bring under control, and the more offshoots it will start in other parts of South Carolina and in other states, as is already happening.North Carolina, Ohio and Washington State have all reported cases linked with travel to South Carolina.The United States is seeing a resurgence of measles.The Trump administration and Health Secretary Robert Kennedy Jr, an anti-vaccine activist, have made sweeping changes to the US childhood vaccination schedule – moves that many experts say will increase vaccine hesitancy.In 2025, the United States reported 2,242 confirmed measles cases, the most in three decades, putting the nation's prized status of having eliminated local transmission of the disease at risk.South Carolina's outbreak, which began in October, is centred on Greenville and Spartanburg Counties along the state's northern border with North Carolina.Of those infected, 483 were unvaccinated, six were partially vaccinated with one of the recommended two-dose measles-mumps-rubella vaccines, 13 were fully vaccinated and 56 had unknown vaccination status.Most cases were reported in children in the 5-17 age group, followed by those below five years of age.North Carolina officials reported on Thursday two new measles cases related to the South Carolina outbreak, in Buncombe County, bringing that county's total to five.North Carolina has set up a measles dashboard, which lists a total of seven cases since December, and urged residents to make sure their children are up to date on all childhood immunisations, including the measles vaccine.Measles is a highly contagious respiratory virus that can hang in the air for as long as two hours.It causes rash, cough and high fevers and can lead to severe complications including pneumonia, encephalitis and suppression of the immune system.South Carolina's outbreak follows a large outbreak in West Texas that started in January 2025 and infected more than 800 people in the state.Utah and Arizona are also battling outbreaks involving 201 cases in Utah and 223 in Arizona.Non-medical exemptions to school vaccine mandates have risen since the coronavirus (Covid-19) pandemic to an average of more than 3% of schoolchildren in 2023-24, compared with 0.6% in 2010-11.To prevent measles, 95% of the population needs to be vaccinated.In some schools in South Carolina's Spartanburg County, vaccination coverage is as low as 20%, Bell said this week.Stacy Ellis Matheson, public health director in North Carolina's Buncombe County, said in a briefing this week that 87% of children in her county attend schools in which fewer than 95% of students are vaccinated."We've got a fire raging in South Carolina, and these pockets of lower vaccination rates are kind of like tinder," she said, adding there was the definite possibility of a wildfire. 

Gulf Times
Qatar

Doha Marathon spotlights women’s journeys beyond the finish line

 As the Doha Marathon by Ooredoo returns on January 16, this year’s race is placing renewed focus on the personal journeys that bring runners to the starting line, as well as the support networks that help sustain them. Through its partnership with Athletics Edge, one of Qatar’s leading women-led running communities, New Balance has been supporting female runners at different stages of their athletic development, from beginners taking their first steps to experienced marathon participants. The initiative aims to broaden perceptions of who can be a runner and to encourage greater participation by women in sport across the region. Among the runners lining up this week is Duaa Gubara, a 30-year-old nurse competing in her first-ever race. Gubara began running just two months ago, initially out of curiosity and a desire to challenge herself. She will make her marathon debut after overcoming fear, self-doubt, and social barriers often faced by women in sport. Also taking part is Tasnim, a senior data analyst and four-time Doha Marathon runner. Her running journey began with her first post-lockdown run following the easing of Covid-19 restrictions. She has since become a marathoner and triathlete, crediting running with helping her maintain mental resilience during a difficult period in her life. Tasnim continues to train in challenging conditions, including extreme heat, while navigating questions of modesty in sport.  Safeya Mohamed al-Mushiri, 39, a mother of two, will also be among the participants. After stopping all sporting activity at the age of 13 due to personal trauma, Safeya returned to running years later during her divorce. With 28 long-distance runs completed, she now describes running as a form of emotional healing rather than physical exercise. For her, the Doha Marathon represents a deeply personal journey tied to identity and home.  Completing the group is Dr Eman Wehedy Abdelsalam, a 38-year-old doctor and mother competing in the 10km race. Dr Eman began running with a 5km event in December 2023 and has since progressed to half marathons. Balancing professional responsibilities and family life, she credits discipline, planning, and consistency, as well as the support of women-led communities, for her continued progress.  With the marathon just days away, the participation of these women highlights broader themes emerging around the event, including the growing role of women in reshaping sport in the Middle East, the use of running as a tool for mental resilience and healing, and the impact of community support in enabling first-time runners to compete alongside seasoned athletes. 

Tourists take photos with their phones as they visit the Cathedral in Palma de Mallorca on August 1, 2025. Spain received a record 97mn foreign tourists last year, up from 94mn in 2024, when the previous record was set, according to a preliminary report unveiled by Spain's Minister of Industry and Tourism Jordi Hereu  at a press conference in Madrid Thursday. The Spanish minister celebrated the 6.8% year-on-year increase in revenue, projected to reach €135bn by 2025, emphasizing the economic impact of this massive tourist influx. (AFP)
International

Spain hosted record 97mn foreign tourists in 2025

A record 97 million foreign tourists visited Spain in 2025 as the economically vital sector set a new benchmark for the second year running, the tourism minister said Thursday.The first estimation represented a 3.5-percent increase on the 2024 figure of 94mn, while spending climbed 6.8 percent to 135bn euros ($157bn), Jordi Hereu told a press conference in Madrid."This is a collective success by the whole country that perfectly demonstrates Spain's enormous attractivity, because Spain is a country that seduces the world," he said.Most visitors are European, with British, German and French holidaymakers accounting for around half of the arrivals, said Pedro Aznar, a professor at Esade business school.Like southern European neighbour Portugal, and Greece, Spain has rebounded from harsh austerity measures and heavy debt in the early 2010s, with a tourism rebound following the Covid-19 pandemic playing an important role.Tourism represents around 13 percent of the economy in the world's second most-visited country after France, whose dynamic growth has outstripped EU peers.The Bank of Spain has predicted growth of 2.9 percent in 2025 for the European Union's fourth-largest economy, more than double the average expected in the eurozone.Overtourism backlashBut as elsewhere, a backlash against the social and economic consequences of mass tourism is growing as Spain grapples with a persistent housing crisis.Locals have protested in their thousands, complaining that surging visitor numbers are changing the fabric of their neighbourhoods, particularly in hotspots including Barcelona, the southern region of Andalusia and the Canary and Balearic Islands.Although the sector's growth generates wealth and jobs, the high numbers have "a clear impact on residents" in specific destinations as tourist accommodation "offers higher profitability", Aznar told AFP.Barcelona and the popular southern coastal city of Malaga have announced measures to clamp down on short-term tourist rentals in a bid to tame popular discontent at rampant housing prices.The leftist government, under pressure to find a solution to one of the population's main concerns, has ordered online holiday accommodation giants Airbnb and Booking.com to take down tens of thousands of adverts deemed to have breached the regulations for short-term rentals."The impact on environmental sustainability is also relevant," Aznar said, in a country that suffers persistent water supply stress and emerged from a years-long drought in 2025.