Oil-rich Kuwait faces looming debt crisis – Aljazeera.com

Oil-rich Kuwait faces looming debt crisis – Aljazeera.com

When Kuwait emerged from a months-long coronavirus lockdown, hundreds of Kuwaitis flocked to reopened stores, with lines clogging malls, winding through hallways and spilling onto sidewalks. But unlike much of the world, where long queues formed for food donations, Kuwaitis waited to buy Cartier jewelry. The rush for jewelry stores by long-pampered Kuwaiti citizens is […]

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