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Saudi civil defense issued an alert warning of a potential danger in Riyadh.

2026-09-19

Saudi civil defense issued an alert warning of a potential danger in Riyadh.

Other News
2026-09-19

Since the Houthi declaration of a July blockade on Saudi shipping and an escalation of fighting in Yemen, Saudi civil defense has issued repeated danger alerts covering at least 11 cities and provinces: Riyadh, Ha'il, Mecca, Jeddah, Taif, Khamis Mush

Since the Houthi declaration of a July blockade on Saudi shipping and an escalation of fighting in Yemen, Saudi civil defense has issued repeated danger alerts covering at least 11 cities and provinces: Riyadh, Ha'il, Mecca, Jeddah, Taif, Khamis Mushait, Abha, Jizan, Al-Ula, Yanbu and Sharurah. At least eight locations have received multiple warnings; since Sept. 9 authorities have issued at least 24 location-specific alerts. Abha and Khamis Mushait have each been warned at least four times; Taif at least three; Jeddah, Al-Ula, Yanbu, Riyadh and Ha'il at least twice. A Houthi military spokesman said the group will continue strikes in response to Saudi air raids and denied targeting civilians or attacking Mecca. Houthi strikes have hit cities, military bases and energy infrastructure across Saudi Arabia. This month’s first large wave of attacks injured 73 civilians; subsequent strikes on Khamis Mushait, Abha and Taif injured a further 13. Debris from an intercepted drone in Taif killed one Yemeni resident. The Saudi-led coalition said it will respond firmly to missile and Drone attacks and act to protect Saudi sovereignty.
2026-09-18

Cleveland Fed (one of the Federal Reserve’s 12 regional banks) released a model-based paper finding permanent AI price cuts produce larger long-run output gains than merely increasing AI usage share. In the baseline model, doubling AI usage from ~2.4

Cleveland Fed (one of the Federal Reserve’s 12 regional banks) released a model-based paper finding permanent AI price cuts produce larger long-run output gains than merely increasing AI usage share. In the baseline model, doubling AI usage from ~2.4% to 4.8% raises AI capital stock ~81% but, because existing AI capital remains scarce, creates a bottleneck that lowers long-run output by about 1.9%. A permanent 50% decline in AI prices increases effective AI capital ~89% and raises long-run output by roughly 1%. Simultaneous price declines and greater usage are mutually reinforcing—price cuts relieve capital scarcity while higher usage boosts the marginal output of new AI capital—but in the paper’s baseline the combined output effect is still smaller than the price cut alone. The authors define AI capital as firms’ durable AI-related hardware stock, modeled as a distinct production factor akin to plant and equipment.
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