Iran world’s biggest state sponsor of terrorism: US

February 5, 2017

Dubai, Feb 5: US Defense Secretary James Mattis has called Iran the world’s “biggest state sponsor of terrorism,” amid rising tensions between the two nations.

mattisHis comments come a day after the US imposed new sanctions against Iran in response to a ballistic missile test.

But Mattis said he did not see any need to boost US troop numbers in the Middle East to deal with Iran, reported BBC.

A Revolutionary Guards commander said Iran would use its missiles if its security is under threat, as the elite force defied new US sanctions on its missile program by holding a military exercise on Saturday.

Tensions between Tehran and Washington have risen since a recent Iranian ballistic missile test which prompted US President Donald Trump’s administration to impose sanctions on individuals and entities linked to the Revolutionary Guards.

Trump’s national security adviser Michael Flynn said the Washington was putting Iran on notice over its “destabilizing activity,” and Trump tweeted Tehran was “playing with fire”

“We are working day and night to protect Iran’s security,” head of Revolutionary Guards’ aerospace unit, Brig. Gen. Amir Ali Hajizadeh was quoted as saying by Tasnim news agency.

“If we see smallest misstep from the enemies, our roaring missiles will fall on their heads,” he added.

Iran’s Revolutionary Guards is holding the military exercise in Semnan province on Saturday to test missile and radar systems and to “showcase the power of Iran’s revolution and to dismiss the sanctions,” according to the force’s website.

Dismissing Trump’s comments that “nothing is off the table” in dealing with Tehran, the commander of Iran’s ground forces said on Saturday that the Islamic Republic has been hearing such threats since its 1979 revolution. “The defense capability and the offensive prowess of Iran’s armed forces would make America or any other enemy regretful of any incursion,” Ahmad Reza Pourdastan was quoted as saying by ISNA.

Iranian state news agencies reported that homemade missile systems, radars, command and control centers, and cyber warfare systems would be tested in Saturday’s drill.

Iran has one of the Middle East’s largest missile programs and held a similar exercise in December to showcase its defense systems, including radars, anti-missile defense units, and short and medium-range missiles.

Tehran confirmed on Wednesday that it had test-fired a new ballistic missile, but said the test did not breach its nuclear agreement with world powers or a UN Security Council resolution endorsing the pact.

Iran has test-fired several ballistic missiles since the nuclear deal in 2015, but the latest test was the first since Trump entered the White House. Trump said during his election campaign that he would stop Iran’s missile program.

The UN Security Council held an emergency meeting on Tuesday and recommended the missile testing be studied at the committee level. The new US ambassador to the UN, Nikki Haley, called the test “unacceptable.”

The Security Council resolution was adopted to buttress the deal under which Iran curbed its nuclear activities to allay concerns they could be used to develop atomic bombs, in exchange for relief from economic sanctions.

The resolution urged Tehran to refrain from work on ballistic missiles designed to deliver nuclear weapons. Critics say the resolution’s language does not make this obligatory.

Tehran says it has not carried out any work on missiles specifically designed to carry nuclear payloads.

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Skazi
 - 
Sunday, 5 Feb 2017

US says Iran is the biggest terrorist..... But the world says US is the biggest terrorist, poking its nose every where....

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Agencies
March 15,2020

Riyadh, Mar 15: Saudi Aramco on Sunday reported a 20.6 percent drop in its net profit for 2019 due to low oil prices and production levels, the company said in a statement.

These are the first annual results to be announced by the energy giant after its historical $29.4 billion initial public offering and listing on the Saudi Tadawul market last December.

Aramco posted net profits of $88.2 billion last year compared to $111.1 billion in 2018, Monday's statement said.

"The decrease was primarily due to lower crude oil prices and production volumes, coupled with declining refining and chemical margins," it said.

The company also made $1.6 billion of impairment provisions for losses associated with Sadara Chemical Company, an Aramco subsidiary.

"2019 was an exceptional year for Saudi Aramco. Through a variety of circumstances -- some planned and some not -- the world was offered unprecedented insight into Saudi Aramco's agility and resilience," CEO Amin Nasser said.

"Our unique scale, low costs, and resilience came together to deliver both growth and world-leading returns, while also maintaining our position as one of the world's most reliable energy companies," Nasser said.

The earnings for last year are not affected by the coronavirus outbreak or the ongoing price war between Saudi Arabia and Russia that has sent oil prices crashing.

Aramco said it will distribute dividends worth $73.2 billion for 2019 but based on its commitments under the IPO, its dividends for the next five years starting this year will be at least $75 billion.

It said its capital spending last year dropped to $32.8 billion from $35.1 billion in 2018.

The company expects capital spending, which is expenditure on projects, to be between $25 billion and $30 billion this year "in light of current market conditions and recent commodity price volatility."

But it said that capital expenditure for 2021 and beyond is currently under review.

The results were announced amid a price war between Saudi Arabia and Russia after they failed to agree on additional output cuts to support prices dented by the outbreak of the coronavirus pandemic.

"The recent COVID-19 outbreak and its rapid spread illustrate the importance of agility and adaptability in an ever-changing global landscape," Nasser said.

The kingdom said last week Aramco will pump 12.3 million barrels of oil per day, boosting output by at least 2.5 million bpd.

It also announced plans to raise production capacity from 12 million bpd to 13 million bpd.

Forecasts for future crude prices and demand are also bleak.

In its latest monthly report, the Organization of Petroleum Exporting Countries lowered its forecast for global average daily demand by 0.92 million barrels to 99.73 million barrels.

Saudi Arabia is also in the midst of a royal purge that saw King Salman's brother and nephew detained after sources said they were accused of plotting a palace coup to unseat the crown prince, heir to the Saudi throne.

Aramco shares rallied immediately after the listing on December 11, rising by 19 percent to 38 riyals ($10.1) and temporarily lifting the company's valuation above the $2 trillion mark, which was sought by Crown Prince Mohammed bin Salman, Saudi Arabia's de facto ruler.

But as oil prices tumble, Aramco shares have lost 29 percent from its highest point, slipping below the listing price.

On Thursday, Aramco's market value dropped to around $1.55 trillion, but it still remains the world's largest publicly listed company.

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Agencies
February 16,2020

Al-Jawf, Feb 16: At least 31 people were killed and 12 others were injured here in the al-Maslub district in airstrikes by the Saudi-UAE-led military coalition on Saturday.

"Preliminary field reports indicate that as many as 31 civilians were killed and 12 others injured in strikes that hit al-Hayjah area of the al-Maslub district in al-Jawf governorate," said a statement from the office of the UN resident coordinator and humanitarian coordinator for Yemen.

According to Al Jazeera, the airstrike was conducted hours after the Yemeni Houthis said that they downed a Saudi fighter jet in the same region.

Commenting on the air raids, Lise Grande, the UN's humanitarian coordinator for Yemen, said: "We share our deep condolences with the families of those killed and we pray for the speedy recovery of everyone who has been injured in these terrible strikes."

"So many people are being killed in Yemen - it's a tragedy and it's unjustified. Under international humanitarian law, parties that resort to force is obligated to protect civilians," Grande was quoted as saying.

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News Network
May 1,2020

Dubai, May 1: Saudi Arabia has reported 1,344 new coronavirus cases in the last 24 hours, bringing the total number of infections in the country to 24,097, the Ministry of Health announced on Friday.

The ministry also announced 7 more deaths and 392 new recoveries, raising the total number of fatalities and recoveries to 169 and 3,55 respectively.

Out of the 1,344 new cases reported today, 282 were confirmed in Riyadh, 237 in Madinah, 207 in Makkah, 171 in Jubail and 124 in Jeddah in addition to 114 infections in Dammam.

Authorities continue to urge people to stay at home unless necessary despite having relaxed some restrictions and curfews at the start of Ramadan.

Citizens and residents are allowed to go out for necessary needs between 9 a.m. and 5 p.m. but must adhere to precautionary measures such as wearing a face mask and maintaining social distancing practices.

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