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.

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

Soon women in Saudi Arabia may be driving — as long as they don't wear makeup

Saudi Arabia has been criticized for years for refusing to allow women to drive in the kingdom. That ban may soon be lifted — though the change comes with some fine print. Meanwhile, leaked documents reveal how IKEA avoids paying corporate taxes. And the Miss Uganda competition takes an agricultural turn. Those stories and more, in today's Global Scan.