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By Amin Bagheri
The rise in oil prices and the government’s emergency plans to fight the coronavirus have harmed the overall budgets of the Gulf states and on average growth forecasts for the coming period, but the impact has varied from country to country. The dispute between Moscow and Riyadh focuses on oil prices, declining production, and divergent attitudes toward how to deal with US shale oil. This is evidence against the background of weak demand – which has waned since the start of the corona – and the low price of oil, which has already put pressure on the state budget of oil-producing countries. On the other hand, declining oil prices and the government’s emergency plans to fight the coronavirus have harmed the overall budgets of the Gulf states and the average growth forecast for the coming period, but the impact has varied from country to country. This conflict is likely to lead to significant economic deterioration throughout the Middle East and may exacerbate growing geopolitical tensions in the Persian Gulf region. Overall, falling oil prices will drastically reduce oil and gas producers’ incomes. Most of them have already faced a financial deficit, which is now deepening. In more than half of the countries in the region, the headline of the financial series, which indicates the price of oil needed to balance the government’s budget, is more than double the current price of oil. The economic consequences of the price war are intertwined with the effects of the coronavirus. This is particularly damaging sectors of the Gulf economy that have seen progress in diversifying their economies. But when oil revenues are declining, these sectors have no way out. Several international banks have cut their forecast for GDP growth in the region from 0.2 percent last year to 0.4 percent in the Gulf Cooperation Council (GCC). Some Arab states in the Persian Gulf are in a better position to deal with a long period of falling oil prices than others. Kuwait and Qatar, for example, have relatively high per capita oil revenues, and governments in these countries can rely on significant financial reserves. But most countries now face deep challenges. The risks for Saudi Arabia as OPEC’s top producer are higher. The country is struggling with a severe financial deficit and declining reserves (in 2014, Saudi Arabia’s reserves were 48 percent higher than today). Riyadh has launched a price war and is likely to believe it can withstand the initial decline in revenue. But this oil policy, if it affects social spending, could have significant implications for Muhammad bin Salman’s efforts to consolidate his power in the country, as well as Saudi Arabia’s international position as a factor in the crisis. Saudi Arabia suffered the most after the fall of about 30 percent in oil prices and the suspension of the OPEC agreement to reduce production, especially since the situation continues to suffer hundreds of millions (dollars) a day. That put Saudi Arabia down about $ 13 billion (5 percent of the overall 2020 budget) from government spending. According to the Fitch International Financial Institution, Saudi Arabia needs to raise the price of a barrel of oil to $ 91 a barrel in 2020 so that it can balance its budget, and Saudi Arabia’s budget deficit is projected to rise from 4.5 percent to 10 percent. For this reason, it can be said that the Saudi banking sector will not have the prospect of an interesting banking system with the deterioration of the banking environment. Besides, economic activity in Saudi Arabia can be predicted to slow down, and the instability caused by the Coronavirus will affect banks’ capital and profits, and the case for strong financial support for banks will come under pressure. Because falling oil prices are an obstacle to the Saudi government’s treasury. Consequently, this will lead to a gradual decline in the capital of the National Wealth Fund for two reasons. First, Saudi Arabia’s reliance on the fund to reduce financial crises, and second, the reduction in oil prices reduces the profit margins that were the main source of these funds.
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The UAE is also considering a period of economic concern centered on Dubai. In recent years, Dubai’s problems, which have never been able to fully recover from the 2008 financial crisis, have grown. Government-related institutions, while making progress towards diversification, have heavy debts, amounting to half of Dubai’s gross domestic product. Dubai’s overall financial market index has lost 61 percent of its value since 2014, and real estate prices have fallen amid fears of a bubble. In general, the growth of the UAE’s gross domestic product in recent years has declined sharply, while the government’s non-oil financial balance has also increased.
Qatar’s impact on recent global oil markets is not as great as in other Gulf countries, but it cannot be said that Qatar’s situation is much better. The main reason that excludes Qatar to some extent from other victims is the country’s gas. The country relies heavily on liquefied natural gas, which is not much lower than oil prices. But the problem facing Qatar’s revenues is the possibility of declining global gas demand. In this regard, the stability of the banking sector and the non-impact of banks’ financial centers on the crisis are predicted and likely, but if the disease continues uncontrolled, economic pressures will increase and this will have a direct impact on Qatar’s national capital, especially in The shadow of the collapse of global stock markets.
The country that will suffer the most from the oil price war in Iraq. In Iraq’s 2019 budget, about 95 percent of the government’s budget was based on oil revenues. The consequences are being felt while reducing oil revenues has made it difficult for government employees to pay their salaries. Iraq’s budget crisis is unfolding at a dangerous time. Baghdad is in the midst of a long-running political crisis. The government is struggling economically to provide basic public services, including electricity and health. The anger of the Iraqis is growing. At the technical level, low oil prices could slow the development of Iraq’s upstream oil industry, and the stalemate between Iran and the United States could complicate matters.
With the current situation in Bahrain, it can be said that the recent developments will affect this country more than other countries, especially in the light of the increase in the average public debt and the connection between the Bahraini economy and the Saudi economy. With oil prices falling, Bahrain will face tough obstacles.
In general, the war over oil prices could destabilize beyond the Persian Gulf. Egypt, in particular, depends on the financial support of the Persian Gulf region to maintain development spending, social services, and security. Jordan and Lebanon also rely on funding from the Persian Gulf region. If financial pressures increase, Gulf Arab states may reconsider budgeting and aid development in the Middle East.
In conclusion, the recent oil war in the global oil markets, which flared up over Moscow’s and Riyadh’s differences over the production of this strategic commodity, During the Coronavirus crisis sounded the alarm for oil-producing countries by an unprecedented price shock. The oil war and the fall in oil prices have harmed the overall budgets of the Gulf states and on average growth forecasts for the coming period. Despite all this, after the start of the Saudi oil war, the regional power centers of Qatar, Saudi Arabia, and the UAE are likely to continue to have sufficient reserves to continue their political and military interactions abroad, at least for the foreseeable future. However, if the price of oil remains low over time, these actors may be forced to re-analyze the cost and profit of their regional actions. At the same time, the war over oil prices is still ongoing and we must wait and see if Riyadh or Moscow will lose the oil war.
Bollywood actor Arjun Kapoor was never really keen on exploring horror comedy but the story of 'Bhoot Police' pushed him to try his hand at the genre. The actor said, "It's not a genre that I was looking for, script-wise. When I heard it, when I read it, what worked for me was the camaraderie between the brothers, the friction and the banter between them. So I quite liked the friction, the brotherhood and at the same time the love-hate relationship and the witty tone."
The film is set for its world TV premiere on Star Gold.Unsplash
He further said, "There was a certain canvas and a certain color created in the script itself, so my decision to say yes to the film came from the director's vision, and thankfully it came at a point where I knew the passion Saif had, also because everybody knew in the industry he is so bullish on the script." On his camaraderie with Arjun in the film, Saif mentioned, "Arjun and I have a relationship off-camera too; he is a family friend and we have known each other for ages! On camera, we don't take each other for granted and bring out the best we can. We had a good time working together and that shows in the movie."
The film is set for its world TV premiere on Star Gold, sharing his excitement for the premiere, Arjun said, "I cannot wait for the audiences to enjoy the World TV Premiere of our movie, 'Bhoot Police' on 23 January, Sunday at 8 PM on Star Gold." The 'Ishaqzaade' actor added, "'Bhoot Police' is an ideal family watch. Usually, horror-comedies are not children-friendly. But Bhoot Police is the kind of film the whole family can watch together over dinner. It is not often that you get a film that is mildly frightening and can be watched with the whole family. The kids will definitely enjoy watching the movie with their family!"
The actor said, "It's not a genre that I was looking for, script-wise."Unsplash
Speaking about her role in 'Bhoot Police', Yami Gautam said, "The character Maya that I play in 'Bhoot Police' was physically challenging. We had to shoot under tough weather conditions because the cold was bitter. There were a lot of outdoor sequences and keeping the light and weather in mind, we had to pack a lot within a day, every day." She continued, "Whenever I am in Himachal, I feel a sense of belonging; when I see the sunrise, those snow-capped mountains despite long tiring night shoots. It is my birthplace and shall always have a special place in my heart." (IANS/SP)
(Keywords : Arjun Kapoor, Yami Gautam, Saif Ali Khan, Bhoot Police, horror comedy, challenging, weather, mountains, genre, script, director, camera, movie.)
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Are you still doing things the incorrect way when it comes to working out? Whether you realise it or not, the correct sports bra or leggings can help you achieve your fitness objectives faster or perhaps exceed them. This is something that a high-performance athlete sincerely believes in. Because it's critical to choose clothing that suits your needs in order to achieve the desired result.
This is the era of flexible work schedules and rapid acceptance of a healthy way of living. Everyone is becoming more aware of the importance of keeping good mental and physical fitness, and the sportswear business is now helping to make their lives easier. When you feel good about yourself while working out, it motivates you to go above and beyond. Fitness aficionados today not only exercise at home, but also go to the gym or participate in sports on a regular basis. Comfortable, performance-oriented clothing underpinned by the latest advancements has become a need.
Also Read : How to choose a workout that fits your needs
Consumers nowadays seek out sports equipment, wearables, and accessories that will keep them ahead of the game and provide them with the feeling of a high-performance athlete. Adaptable gear like leggings, sweatpants, and activewear have fast become integral components of everyone's professional wardrobes as business is conducted in a hybrid arrangement, i.e. both from home and from the workplace.
Clothing must develop to assist clients effortlessly move throughout their day as fitness evolves and becomes more accessible. Apparel with cleverly designed pockets, mesh ventilation in crucial areas, binding apparel for no-ride-up yoga sessions, and other types of enclosures and supports to assist you work out without discomfort are all becoming more common. These garments have been tried and tested by thousands of customers, who have liked and used them. It has now become a way of life for them. For runners and gym goers all over the world, products like shorts with phone pockets have become standard.
Comfort is style, independence.Unsplash
Comfort is confidence
Comfort is style, independence, and the self-assurance we project, all of which contribute to our ability to grow and adapt. The most basic requirements a buyer looks for when investing in comfortable clothing and athleisure are maneuverability, fit, and fabric quality. Varied people have different definitions of comfort. While some high-intensity users prefer lighter, thinner, and faster drying materials so that they may exercise without smelling or sweating, others prefer non-clingy, heavier fabrics that give them the courage to exercise without fear of being seen. Stretch has also become a must in sportswear to ensure that users are not restricted in their movements. Our full stretch dry fit pants, stretch daily shorts, and high stretch power leggings are among the most popular.
Activewear - All day wear
Times and lifestyles have evolved since the pandemic, and this hybrid environment need adaptable attire. Dry-fit cotton or cotton-like clothes with good stretch, a casual look but a very functional appeal has become the norm in recent years. Leggings have evolved into an all-day, all-time wear for women, and goods like our leggings with phone pockets have been a big popular with active-wear clients. Similarly, for men, stretch daily pants and cotton joggers with basic yet elegant designs, as well as a comfortable form and utilitarian appeal, have become commonplace.
Stretch daily shorts, and high stretch power leggings are among the most popular.Unsplash
In this new period, times have changed, requirements have changed, and the entire community's perspective has altered. The acceptability and demand for clothes that fits in all life situations and makes you feel confident while wearing it will result in a worldwide and domestic market revolution. The activity and sportswear market is on the verge of a revolution, and firms that understand client needs and provide gear that meets them will thrive. Some firms are already concentrating on tackling this issue and bringing about a true market revolution. As a result, people now have the option of purchasing apparel that effortlessly fits with their lifestyle and provides not only exceptional performance but also excellent comfort during their busy hobbies. (IANS/SP)
(Keywords : innovation, apparel, fitness, goal, clothing, requirement, community, perspective, athleisure, healthy.)
A laptop has evolved from being a luxury item to becoming an essential utility in today's world. Laptops make it easier for professionals to work on the go as more and more of our work shifts online. Whether you're attending a conference or travelling to another location, a laptop allows you to bring your work with you.
Advantages of Gaming laptops:
Gaming laptops are ideal for work since they offer efficient technology that allows them to handle demanding office activities without slowdowns. A gaming laptop's primary benefit is its hardware, including a strong CPU and graphics card. These two factors can significantly boost non-gaming activities. A fast CPU will increase the performance of every activity. In short, gaming laptops are built to be speedy.
A gaming laptop's primary benefit is its hardware, including a strong CPU and graphics card. | Unsplash
Disadvantages of Gaming Laptops:
Gaming laptops are much costlier than regular laptops and usually big and heavy as the hardware used in such laptops is bulkier. Hence, more heat gets generated, which needs proper ventilation to cool down. They consume a lot of power, and therefore their battery life is poor, and you would need to connect a charger almost all the time to use your laptop.
Are gaming laptops good for work/ school?
Depending on the type of work you conduct, the answer will vary. A gaming laptop may not be necessary for standard Microsoft Office tasks such as creating Powerpoint presentations, writing documents in Microsoft Word, and using Excel. Almost any standard laptop is capable of running such apps without any issue. On the other hand, a gaming laptop may be a suitable choice if your job requires you to perform graphics-intensive jobs such as video editing, Photoshop, graphic design, or animation.
Although a gaming laptop might be handy at work, there are certain disadvantages to using one. | Unsplash
Although a gaming laptop might be handy at work, there are certain disadvantages to using one. The most significant drawback is that you probably don't want to take the chance of damaging your pricey gaming laptop. While at work, you'll have to pack and unpack your laptop several times, and there's always the possibility that you'll drop it or accidentally spill something on it. I would not recommend a gaming laptop for school use. I'd be content with a less expensive option, such as a laptop that lacks a dedicated graphics card but has a powerful enough CPU for research. The reason for this is that if your gaming laptop fails, you will not be forced to spend hundreds of dollars on a replacement.
Another key consideration is that gaming laptops are typically large and bulky, making them inconvenient to carry about on a daily basis. Ordinary laptops, which are smaller, lighter, and have a longer battery life than gaming laptops, are more convenient.
The majority of gaming laptops are large and hefty, and you'll likely get tired of lugging them after a few days of use. | Unsplash
Overall, gaming laptops are a little excessive for work or school. The majority of gaming laptops are large and hefty, and you'll likely get tired of lugging them after a few days of use. Consider compact laptops that can be readily transported in a bag so that you can quickly pull them out anytime you need to, without worrying about connecting a charger continuously while using or running out of battery.
For those who have the financial means, aren't concerned about weight, and believe that the additional power supplied by gaming laptops would be beneficial to their profession and education, a gaming laptop can be considered.
For those who have the financial means a gaming laptop can be considered. | Unsplash
Which gaming laptop is best for gaming and work?
Asus ROG Zephyrus G15, Acer Aspire 5, Razer Blade 14, Dell G5 15 and MSI GS66 Sleath are good gaming laptops that are well suited for work.
Can a gaming laptop be used for office work?
In demanding office work like graphic designing or editing and developing, gaming laptops are a fantastic choice, but if the convenience of carrying and battery life is important to you, opt for a mid-range laptop.
Are gaming laptops suitable for everyday use?
It depends on your use. If you solely game on your laptop, a gaming laptop is ideal for everyday use.
(Keywords: gaming laptops, top 5 gaming laptops, work, office work, school, college, work laptops)