Kingdom ranked world’s third happiest country

Updated 11 January 2016

Kingdom ranked world’s third happiest country

RIYADH: Saudi Arabia has been ranked as the world’s third happiest nation and ninth as the hopeful country with the economic future. The Kingdom is also ranked sixth concerning this year being a better one. The ranking is based on a poll conducted by Wayne Gallup International for Independent Research.

According to the poll, the happiest country in the world is Colombia, and the unhappiest country is Iraq.
Bangladesh, China, Nigeria, Fiji and Morocco are the most hopeful nations, while Italy is the least hopeful.
The findings are from a new study conducted by WIN/Gallup International Association that interviewed people from 68 countries.
According to the Happiness International Index based on the poll findings, Colombia is the happiest country at 85 percent, Fiji second at 82 percent, Saudi Arabia third at 82 percent, Azerbaijan fourth at 81 percent and fifth Vietnam at 80 percent.
Argentina occupies sixth place at 79 percent, with Panama following at 79 percent, Mexico at 76 percent, Ecuador at 75 percent, and China and Iceland at 74 percent each ranking 10th place.
The Kingdom has the happiest people at 86 percent, Iraq 12 percent in the index, Tunisia seven percent, Greece 9 percent, Afghanistan 14 percent and Palestine 15 percent.
The economic index put Nigeria first at 61 percent in terms of people feeling good about their economic future, Bangladesh at 60 percent, China in third place at 53 percent, Pakistan at 50 percent, India at 44 percent, Morocco at 44 percent, Fiji at 39 percent and Saudi Arabia in ninth place at 32 percent, and Argentina in 10th place.
The countries least economically hopeful for this year were Argentina at 65 percent, Austria at 49 percent, Italy at 47 percent and Hong Kong at 45 percent.
In the expectations and hopes index, Bangladesh came at the forefront of the standings with 74 percent and then China with 70 percent third Nigeria at 68 percent fourth Fiji at 61 percent Morocco fifth at 57 percent, Saudi Arabia at sixth with 56 percent, while Vietnam seventh with 55 percent, Argentina eighth with 53 percent, ahead of India with 47 percent and Pakistan with 42 percent.
The countries with least expectations and hope were Italy ranked first by 37 percent, second Iraq at 35 percent, Greece at 28 percent, followed by Palestine at 27 percent while Bosnia and Herzegovina 23 percent, Lebanon 20 percent, Tunisia 12 percent, followed by Afghanistan with 11 percent, Belgium 11 percent, and Mexico with 11 percent.
The Gallup research revealed 66 percent of respondents around the world feel joy and happiness about their lives in 2015, while 23 percent of the respondents said their feelings crossed between happiness and not, while 10 percent indicated dissatisfaction with life. The number of people happy in 2015 went down by 4 percent from the previous year, which amounted to 70 percent.
The poll found that 45 percent of the world population is optimistic about the global economic outlook for the current year, the pessimists accounted for 22 percent, while 28 percent noted that the economy will maintain the same pace.
The overall outlook for the current year was optimistic at 54 percent, while over 16 percent said they were pessimistic about this year.
About 65,000 people from 68 countries around the world were questioned in this poll.
Jean-Marc Leger, president of WIN/Gallup International Association, said: “2015 has been a tumultuous year for many across the globe, despite that the world remains largely a happy place. 45 percent of the world is optimistic regarding the economic outlook for 2016, up by 3 percent compared to last year.”
WIN/Gallup International grouped the world into three tiers: Prosperous (the G7); Emerging (G20 excluding the original G7) and Aspiring (all others) nations.

Attacks on oil facilities in Kingdom threaten world economy: Saudi energy minister

Updated 15 September 2019

Attacks on oil facilities in Kingdom threaten world economy: Saudi energy minister

  • Saudi Aramco says no staff have been injured in attacks
  • The oil giant is working on restoring the lost quantities

RIYADH: Saudi Arabia’s energy minister said drones that attacked Saudi Aramco installations had caused an interruption of an estimated 5.7 million barrels in crude supplies and threaten the world economy.

Prince Abdulaziz bin Salman said as a result of the terrorist acts, oil production in Abqaiq and Khurais was knocked out temporarily and that estimates show that 50 percent of the company’s production had been interrupted.

Part of the decrease will be compensated to clients through reserves, Prince Abdulaziz said in a statement carried on the Saudi Press Agency.

The newly appointed minister confirmed there were no injuries to staff at the locations targeted, adding that the company is still assessing the resulting damage.

The attacks not only target the Kingdom’s vital installations, but also target the international oil supply and threaten its security, he said, and are a threat to the world economy. 

The blasts took place at 3:31am and 3:42am at the two locations, both in the Eastern Province of Saudi Arabia, causing fires that were brought under control by emergency services.

The drone attacks, at the world’s largest oil processing plant at Abqaiq and at an oilfield in Khurais, highlight the importance of the international community to protect energy supply against “all terrorist sides that carry out, support and finance such cowardly disruptive acts,” the statement said.

He said that these blasts also knocked out the production of 2bn cubic feet of associated gas daily, used to produce 700,000 barrels of natural gas liquids, which will lead to an approximate 50 percent decrease of Ethane and natural gas liquids supply.

The statement said the company is currently working on restoring the lost quantities, and will present updated information within the next 48 hours.

World leaders condemned the attacks on Saudi Arabia on Saturday and those behind the terrorist acts. 

Donald Trump called Crown Prince Mohammed bin Salman to reassert his country's “readiness to cooperate with the Kingdom, by all means conducive to maintain its security and stability.”

The Crown Prince "underscored the Kingdom’s willingness and strength to thwart such a terrorist aggression and deal with its consequences,” SPA reported on Saturday.

The UAE said it “condemns this act of terrorism and sabotage and considers it as a new evidence of the terrorist groups’ attempts to undermine the security and stability of the region as a whole.”

“The Houthis must stop undermining Saudi Arabia’s security by threatening civilian areas and commercial infrastructure,” said the British government.

“The US strongly condemns today’s drone attacks. These attacks against critical infrastructure endanger civilians, are unacceptable, and sooner or later will result in innocent lives being lost,” said the US envoy in Riyadh John Abizaid.

US Secretary of State Mike Pompeo was emphatic about the need to condemn Iranian aggression, specifically on Saudi Arabia, and the need to ensure the security of world energy supplies.

“Tehran is behind nearly 100 attacks on Saudi Arabia while Rouhani and Zarif pretend to engage in diplomacy. Amid all the calls for de-escalation, Iran has now launched an unprecedented attack on the world’s energy supply. There is no evidence the attacks came from Yemen,” he tweeted, “We call on all nations to publicly and unequivocally condemn Iran’s attacks. The United States will work with our partners and allies to ensure that energy markets remain well supplied and Iran is held accountable for its aggression”

The Houthis, who are backed by Iran, said they had carried out the attacks and that 10 drones had been used.