Riyadh Prepares For G20 with Decisive Decision, Bold Measures

 Riyadh will host the G20 leaders’ summit on Nov.21-22 (Asharq Al-Awsat)
Riyadh will host the G20 leaders’ summit on Nov.21-22 (Asharq Al-Awsat)
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Riyadh Prepares For G20 with Decisive Decision, Bold Measures

 Riyadh will host the G20 leaders’ summit on Nov.21-22 (Asharq Al-Awsat)
Riyadh will host the G20 leaders’ summit on Nov.21-22 (Asharq Al-Awsat)

Few days before the annual summit of the leaders of the world’s largest economies, Riyadh is finalizing draft-decisions and recommendations that would be submitted by the G20. Those will be aimed at developing efficient solutions and bold action plans to enhance recovery from the coronavirus pandemic and restore growth to the global economy.

According to information obtained by Asharq Al-Awsat, the G20 secretariat's high-level meetings concluded that great efforts should be exerted to make the Riyadh summit “decisive” and capable of restoring hope and reassurance to the peoples of the world through a set of brave measures.

Work is currently underway to issue a strong and approved final statement for the G20 leaders’ summit, which would include commitments and pledges and underline the importance of solidarity and international cooperation to coordinate a unified response for the G20 members.

According to the information, the Saudi G20 presidency will hence highlight the following vision: “The health and economic challenges facing the world cannot be managed separately by every country. The world is interconnected, so there is a need to work together, while respecting the different views, circumstances and traditions.”

Riyadh will host the G20 leaders’ summit on Nov. 21-22, after a busy year that witnessed 180 conferences, including senior ministerial meetings and two summits.

Moreover, the Saudi Presidency of the G20 has taken rapid and unprecedented measures to protect the most vulnerable.

The G20 members have contributed nearly $21 billion to support health systems, develop a vaccine, and provide more than $14 billion to alleviate the debts of developing countries. This year’s presidency also saw the pumping of about $12 trillion to protect the global economy.



Oil Gains on Upbeat China Data; Greenland in the Spotlight

A view of Petroleum Industry of Serbia (NIS) oil refinery in Pancevo, Serbia, Thursday, Oct. 9, 2025. (AP Photo/Darko Vojinovic)
A view of Petroleum Industry of Serbia (NIS) oil refinery in Pancevo, Serbia, Thursday, Oct. 9, 2025. (AP Photo/Darko Vojinovic)
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Oil Gains on Upbeat China Data; Greenland in the Spotlight

A view of Petroleum Industry of Serbia (NIS) oil refinery in Pancevo, Serbia, Thursday, Oct. 9, 2025. (AP Photo/Darko Vojinovic)
A view of Petroleum Industry of Serbia (NIS) oil refinery in Pancevo, Serbia, Thursday, Oct. 9, 2025. (AP Photo/Darko Vojinovic)

Oil prices rose on Tuesday after better-than-expected Chinese economic growth data boosted optimism about demand, while markets are also watching President Donald Trump's threats to increase US tariffs on European countries because of his desire to buy Greenland.

Brent crude futures rose 19 cents, or 0.3 percent, to $64.13 a barrel by 01:00 GMT. US West Texas Intermediate crude for February, which expires on Tuesday, also rose 25 cents, or 0.4 percent, from Friday's close to $59.69, Reuters reported.

The price of the March West Texas Intermediate crude contract, which is the most traded, also rose by 0.08 cents, or 0.13 percent, to $59.42.

West Texas Intermediate crude contracts were not settled on Monday due to the Martin Luther King Jr. Day holiday in the United States.

“West Texas Intermediate crude is trading slightly higher... supported by fourth-quarter 2025 GDP data released yesterday, which came in better than expected,” said Tony Sycamore, market analyst at IG, in a note. “This resilience from the world's largest oil importer has boosted demand sentiment.”

According to data released on Monday, the Chinese economy grew by 5.0 percent last year, achieving the government's goal by acquiring a record share of global demand for goods to offset weak domestic consumption. This strategy has mitigated the impact of US tariffs, but it is becoming increasingly difficult to maintain.

Government data released on Monday showed that Chinese refinery output rose 4.1 percent year-on-year in 2025, while crude oil production grew 1.5 percent. Both indicators recorded their highest levels ever.

Over the weekend, fears of a renewed trade war escalated after Trump stated that he would impose an additional 10 percent tariff from February 1 on goods imported from Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland, and Britain, rising to 25 percent on June 1 if no agreement is reached on Greenland.

“Contributing to the support of the oil price was the weakness of the US dollar, which resulted from markets selling the dollar in response to President Trump's continued threats to impose tariffs on Greenland,” Sycamore added.

The dollar fell 0.3 percent against major currencies. A weaker dollar makes dollar-denominated oil contracts cheaper for holders of other currencies.

Markets are closely monitoring the Venezuelan oil sector after Trump announced that the United States would take over the management of this sector following the arrest of President Nicolas Maduro.

Multiple trade sources reported that Vitol offered Venezuelan oil to Chinese buyers at discounts of up to about $5 a barrel compared to the price of Brent crude on the Intercontinental Exchange for April delivery.

China is also importing the largest amount of Russian Urals crude since 2023 at prices lower than Iranian oil prices, after India, the largest crude importer, sharply reduced its imports due to Western sanctions and ahead of the European Union's ban on products manufactured from Russian oil, according to trade sources and shipping data.


Spain Mourns as Train Crash Toll Rises to 40

Members of the Spanish Civil Guard crime department work next to the trains involved in the accident, at the site of a deadly derailment of two high-speed trains near Adamuz, in Cordoba, Spain, January 19, 2026. (Reuters)
Members of the Spanish Civil Guard crime department work next to the trains involved in the accident, at the site of a deadly derailment of two high-speed trains near Adamuz, in Cordoba, Spain, January 19, 2026. (Reuters)
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Spain Mourns as Train Crash Toll Rises to 40

Members of the Spanish Civil Guard crime department work next to the trains involved in the accident, at the site of a deadly derailment of two high-speed trains near Adamuz, in Cordoba, Spain, January 19, 2026. (Reuters)
Members of the Spanish Civil Guard crime department work next to the trains involved in the accident, at the site of a deadly derailment of two high-speed trains near Adamuz, in Cordoba, Spain, January 19, 2026. (Reuters)

Spain begins three days of national mourning on Tuesday for the 40 people killed in a high-speed train crash that the prime minister has vowed to investigate.

The crash late on Sunday is Spain's deadliest train accident since 2013, when 80 people died after a train veered off a curved section of track outside the northwestern city of Santiago de Compostela.

The latest disaster took place when a train operated by rail company Iryo, travelling from Malaga to Madrid, derailed near Adamuz in the southern Andalusia region.

It crossed onto the other track, where it crashed into an oncoming train, which also derailed.

"This is a day of sorrow for all of Spain, for our entire country," Prime Minister Pedro Sanchez told reporters during a visit to Adamuz on Monday as he declared three days of mourning.

"We will uncover the answer, and once the cause of this tragedy is determined, we will present it with absolute transparency."

Forty deaths have been confirmed due to the crash, the head of Andalucia's regional government, Juan Manuel Moreno, told a news conference, raising the toll from 39.

It would take 24-48 hours "to know with certainty how many deaths have resulted from this terrible accident," he added.

Heavy machinery was deployed on Monday to lift the most severely damaged train carriages and give rescuers better access to the site of the disaster.

Over 120 people were injured, with 41 still in hospitals in the nearby city of Cordoba, Moreno said.

Relatives and friends of missing passengers have turned to social media, posting photos in an effort to find them.

- 'Extremely strange' -

Aerial footage of the crash site from Spain's Guardia Civil police force showed the two trains far apart, as rescuers in high-visibility neon vests worked nearby.

Unlike the 2013 accident, the derailment occurred on a straight section of track, and the trains were travelling within the speed limit, officials said.

Transport Minister Oscar Puente said the first train to derail was "practically new" and the section of the track where the disaster happened had been recently renovated, making the accident "extremely strange".

Train operator Iryo said the locomotive was built in 2022 and last inspected just three days before the accident. It said it "veered onto the adjacent track for still unknown reasons".

The company said around 300 people were on board its service from the Andalusian city of Malaga to the capital, Madrid.

Renfe, the operator of the second train travelling to the southern city of Huelva, said it was carrying 184 passengers.

Human error has "been practically ruled out", Renfe President Alvaro Fernandez Heredia told Spanish public radio RNE.

Heredia also ruled out speeding as a cause of the accident. He said both trains were traveling just over 200 kilometers (120 miles) per hour, below the 250 kilometers per hour limit for that section of track.

"It must be related to Iryo's rolling stock or an infrastructure issue," he added.

- 'Strong hit' -

Spain has Europe's largest high-speed rail network, with more than 3,000 kilometers of dedicated tracks connecting major cities including Madrid, Barcelona, Seville, Valencia and Malaga.

Survivor Lucas Meriako, who was travelling on the first train that derailed, told La Sexta television that it looked "like a horror movie".

"We felt a very strong hit from behind and the feeling that the whole train was about to collapse, break... there were many injured due to the glass," he said.

In Adamuz, where white buildings gleam among orange-lined streets, residents rushed to the town hall with supplies as news of the disaster spread.

"We started bringing water, blankets, everything we could," Manuel Munoz, a 60-year-old olive oil factory worker, told AFP.

Among those offering condolences were Pope Leo XIV and French President Emmanuel Macron.


UN: More Than 8 Million Sudanese Need Food in 2026

Famine spreads in North Darfur and South Kordofan in Sudan (AP) 
Famine spreads in North Darfur and South Kordofan in Sudan (AP) 
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UN: More Than 8 Million Sudanese Need Food in 2026

Famine spreads in North Darfur and South Kordofan in Sudan (AP) 
Famine spreads in North Darfur and South Kordofan in Sudan (AP) 

Sudan continues to face critical gaps in humanitarian nutrition services, exacerbated by ongoing conflict, displacement, and limited access to health and nutrition services, the UN and its partners said on Monday.

According to the Office for the Coordination of Humanitarian Affairs (OCHA), an estimated 8.4 million people in Sudan will require nutrition assistance in 2026.

This includes approximately 5 million children under the age of five and 3.4 million pregnant and breastfeeding women.

Of the 8.4 million in need, OCHA estimated that 4.2 million children and pregnant and breastfeeding women are projected to be acutely malnourished across Sudan, including over 824,000 cases of children under five suffering from Severe Acute Malnutrition (SAM).

Recent SMART surveys show further deterioration in the nutrition situation, with 31 out of the 61 validated SMART surveys reporting global acute malnutrition (GAM) prevalence of 15% and above the WHO emergency threshold, out of which one survey recorded GAM of 34.2 %, which is the famine threshold.

Kordofan and Darfur Battles

At the field level, military pressure is significantly escalating in the Kordofan and Darfur regions.

Earlier this month, the UN said road blockades and siege-like conditions have exasperated the delivery of food and health care to several areas, including the city of Kadugli and the city of Dilling in south Kordofan.

For months, the RSF and its ally, the Sudan People's Liberation Movement, have imposed a harsh siege on the two cities, with recurring artillery and drone strikes that led to 800,000 internally displaced people.

Military operations have targeted markets and troop concentrations, including an attack that killed 12 people and left tens of injuries, according to local reports.

Also, fierce battles took place in Habila and Kertala.

Meanwhile, the use of drones in combat zones in Sudan constitutes to play a leading role in the fighting between the two warrying parties.

This month, drones have been heavily documented in El-Obeid, the capital of North Kordofan, and surrounding areas in Sudan, as part of the ongoing conflict between the Sudanese Army and the RSF.

More than 13 people, including children and women, were reportedly killed by drone attacks in and around El-Obeid, amid widespread targeting of vital facilities in the city.

Local reports said violent clashes happened in axes linking North Kordofan to strategic areas, increasing the risk of limiting access to supplies and the movement of civilians.

The UN said gaps in humanitarian nutrition is projected to further deteriorate in 2026 due to expanding conflict, food security decline, compromised health and water services, and prolonged and recent displacements.

It warned that the actual number of malnourished individuals, particularly among IDPs, returnees, and non-displaced communities, are expected to exceed the current projected People in Need (PIN) figures as the situation worsens.

Turk’s Warnings

UN Human Rights commissioner Volker Turk said on Sunday he is alarmed by the increasing militarization of society by all parties to the conflict in Sudan, also expressing his worries that the atrocity crimes committed during and after the takeover of El Fasher would be repeated in the Kordofan region.

Speaking at a press conference in Port Sudan, where the government had been operating as a temporary capital since the conflict began, the UN envoy said the proliferation of advanced military equipment, in particular drones, across Sudan has enhanced the military capabilities of both the Sudanese army and the RSF, prolonging hostilities and deepening the crisis for civilians.

Turk said the international community must ensure that the perpetrators of the horrific violations in Sudan face justice, regardless of their affiliation.