Kuwait celebrated its 14th National Day on Tuesday (25 February), with a big, colourful and spectacular display along Arabian Gulf Street.
LV & CU Decorated float along street, carrying children and giant fountain pen (2 shots)
SV Crowd ZOOM TO float followed by fire tenders
LV ZOOM IN Fire boat cascading water out at sea
GV Parade along waterfront and crowds
CU Children watch
SV Float in form of boat past
TV Crowd applauds
LV TILT FROM Pictures of rulers to children in procession carrying banners and garlands
Initials BB/1620 TH/MR/BB/1645
Script is copyright Reuters Limited. All rights reserved
Background: Kuwait celebrated its 14th National Day on Tuesday (25 February), with a big, colourful and spectacular display along Arabian Gulf Street.
It's been a highly successful 14 years of independence for the oil-rich state -- and never more so than during the last year or so when the price of oil has risen by as much as five times.
Tuesday's parade reflected the confidence of the tiny population in the future of their state, which -- on a per capita basis -- must now be numbered among the very richest in the world.
Even today, with oil production slackening, Kuwaitis can still count on revenue of between six and seven billion dollars in excess of domestic budgetary requirements.