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Free AccessKUWAIT-Emir Rebukes Parl't & Gov't In Speech As Cabinet Resigns
Kuwait's new Emir Sheikh Meshal al-Ahmad al-Sabah has accepted the resignation of the Cabinet according to state outlet KUNA. The resignation of the cabinet is customary following the accession of a new Emir. Sheikh Meshal ascended to the emirship following the death of his half-brother, Sheikh Nawaf, on 16 Dec. Meshal had served as crown prince since his brother became Emir in 2020, and has played a senior role in Kuwaiti politics since Nawaf's health declined significantly in recent months.
- AFP reports that Meshal, in his speech before parliament following his swearing in, lambasted lawmakers, stating that, "I have stressed in my previous speeches that there are national obligations that must be fulfilled," ... But "we have not noticed any change or correction" from parliament and cabinet...the two entities have "harmed the interests of the people and the country," he said..."We have warned on many occasions that crises, challenges and dangers surround us," ...underscoring "the necessity to reconsider our current reality in all its aspects".
- Reuters: "Kuwait bans political parties and candidates run as independents, but its legislature has more influence than similar bodies in other Gulf monarchies, including the power to pass and block laws, question ministers and submit no-confidence motions. Frequent political deadlock in Kuwait, the Gulf region's oldest and most lively legislature, has for decades led to cabinet reshuffles and parliament dissolutions."
- No significant change in foreign policy stance is expected, with Kuwait remaining a staunch US ally. Most focus will be on Meshal's selection of a crown prince, and whether he hails from his own or a new generation of leaders.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.