Saudi Arabia

Business, Finance & Economics

The decline in oil prices will put the squeeze on Iran and Russia — and give a jolt to American consumers

The price of a barrel of oil has fallen to its lowest level in more than half a decade — and it's still falling. That's put a major dent in the economies of some of the world's largest oil producers, like Iran and Russia. But in the US, it's cause for celebration, as falling oil prices are translating into plummeting prices at the pump.

Business, Finance & Economics

The decline in oil prices will put the squeeze on Iran and Russia — and give a jolt to American consumers

The price of a barrel of oil has fallen to its lowest level in more than half a decade — and it's still falling. That's put a major dent in the economies of some of the world's largest oil producers, like Iran and Russia. But in the US, it's cause for celebration, as falling oil prices are translating into plummeting prices at the pump.

Global Scan

Mandela brings people together, even in death

World leaders and regular people gathered Tuesday in South Africa to honor Nelson Mandela — a man who was labelled a terrorist by the US until 8 years ago, a friend of China and Cuba, and now a symbol of hope and reconciliation for millions. We also look at Saudi Arabia's interest in its own human genome project, one of the most extreme zipline rides in the world, and a video game where the villian is alcoholism. All that and more, in today's Global Scan.

Global Scan

That monkey selfie? The US government says it belongs to all of us

This cute selfie taken by a monkey who happened on a photographer's camera does not belong to the photographer. So say US regulators, who explain their reasoning. Meanwhile, China's effort to stop the desert's advance using trees has hit a snag. And chalk up another marketing fail — a lingerie line with the same name as a terrorist group. Those stories and more in today's Global Scan.

Global Scan

Forget the apple. Saudi Arabia is offering its best teachers a Bimmer

Saudi Arabia has a plan to reward its best teachers with thousands of dollars and luxury cars. Student rewards come next. Elsewhere, a Russian monastery hopes to solve the country's mozzarella shortage. And a three-year-old movie gives you a an accurate sense of what it is like fighting the Ebola outbreak. All that and more in today's Global Scan.