Houthi missile attack an act of war by Iran; we have right to respond: Saudi Arabia

Agencies
November 7, 2017

Jeddah, Nov 7: Senior officials of Saudi Arabian government have termed the recent missile attack on Riyadh by Houthi rebels as an act of war by Iran, which according to them backs the rebels.

“The Kingdom reserves the right to respond in a timely manner to the hostile actions of the Iranian regime,” Saudi Foreign Minister Adel Al-Jubeir said.

“Iranian interventions in the region are detrimental to the security of neighboring countries and affect international peace and security. We will not allow any infringement of our national security.”

According to Saudi, Iran had supplied the ballistic missile which was fired into Saudi Arabia on Saturday night by Houthi rebels in Yemen. Saudi defense forces intercepted the missile and shot it down over King Khaled International Airport in Riyadh, and there were no casualties.

“Iran’s role and its direct command of its Houthi proxy in this matter constitute a clear act of aggression that targets neighboring countries, and threatens peace and security in the region and globally,” the Saudi-led coalition in Yemen said on Monday.

“Therefore, the coalition’s command considers this a blatant act of military aggression by the Iranian regime, and could rise to be considered as an act of war against the Kingdom of Saudi Arabia.

“The coalition command also affirms that the Kingdom reserves its right to respond to Iran at the appropriate time and in the appropriate manner.”

The Coalition Forces Command ordered the temporary closure on Monday of all air, sea and land ports in Yemen, except for aid workers and humanitarian supplies.

Col. Turki Al-Maliki, spokesman for the coalition, produced evidence on Sunday that Iran supplied weapons and technology to the Houthis, including ballistic missiles, launchers, aerial drones, land and naval mines and improvised explosive devices.

Bahraini Foreign Minister Sheikh Khaled bin Ahmed Al-Khalifa said Iran was a danger to the region, and the Harvard scholar and Iranian affairs expert Majid Rafizadeh said the international community should hold Tehran accountable.

“Compromises, concessions and diplomatic maneuvering don’t work with the Iranian regime,” he told Arab News. “Iranian leaders view concessions as weakness.”

He called for a combination of economic sanctions, political pressure and enhanced monitoring of Iran’s illegal activities. “Tehran’s exports and imports should be closely examined and restricted. The US, EU and Arab powers should form a military front, like NATO, as a bulwark against the Iran regime.”

Rafizadeh said Iran was the leading state sponsor of terrorism. “The UN should invoke UN Resolution 2231 and immediately punish Tehran for violating it. Otherwise, Tehran’s belligerent behavior will continue to grow. This can turn the regional conflict into a conflagration.”

UN Security Council Resolution 2231 adopted the 2015 Iranian nuclear deal, but also imposed restrictions on Iran’s use of some ballistic missiles.

Thomas Mattair, executive director of the Middle East Policy Council in Washington, told Arab News: “Iran should not expect to be able to facilitate attacks on Saudi Arabia without paying some consequences.”

Dr. Hamdan Al-Shehri, a Saudi political analyst and international relations scholar in Riyadh, said the international community should have prevented Iran from creating havoc in the region.

“Things would not have reached this pass if the world community had taken measures against Iran and its arming of militias such Hezbollah and the Houthis,” he told Arab News. “The world’s inaction led Iran to believe that it can basically get away with murder.”

He condemned Iran for first attacking Makkah in July, and now Riyadh. “They want to kill innocent people and spread terror; this is their only business.”

The world community, and specifically the US and Russia, must pressurize Iran to give up its hostility to Arab countries, Al-Shehri said. “Now is the time to act.”

Al-Shehri said the missile attack on Riyadh was a “declaration of war” on Saudi Arabia.

“Saudi Arabia will not sit idle and will not wait for the international community to do nothing,” he said. “Foreign Minister Adel Al-Jubeir has made it clear that Saudi Arabia, in coordination with its Arab allies, reserves the right to defend its sovereignty and its people.”

Al-Shehri said all options were on the table and all measures were being explored. “The Saudi leadership will decide what option and measures to go for and when,” he said. “One thing is clear, this Iranian-Hezbollah-Houthi provocation and attack will not go unpunished.”

Among the options, he said, was directly confronting Iran. “A fitting Saudi response will come at a time and place of its choosing.”

David Pollack, a scholar at the Washington Institute for Near East policy, said Saudi Arabia “generally has a valid case. The Arab coalition and its international partners, including the US, should intensify maritime and land interdiction efforts, including via Oman.”

Aaron David Miller, vice president for new initiatives and Middle East program director at the Woodrow Wilson Center for International Scholars, speculated that Saudi Arabia had reached a “firm understanding” with the US that should tensions with Iran escalate, “the US will be there to support” the Kingdom.

King Salman and President Donald Trump spoke by phone on Saturday and discussed the Houthi missile attack and Iran’s involvement in the region.

Comments

DinaHaines
 - 
Tuesday, 7 Nov 2017

Hello There. I found your blog using men. This is an extremely well written article. I make sure to bookmark it and come back to read more of your useful information. Thanks for the post. I’ll definitely return. https://www.traditionessaysonline.com/

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
February 16,2020

Washington, Feb 16: India and the United States share "unshakeable" ties, said US Principal Deputy Assistant Secretary (PDAS), Alice Wells, on Sunday, adding that the upcoming visit of President Donald Trump will further strengthen the relationship between the two countries.

"The U.S. and #India enjoy a close partnership that grows stronger day by day. Together, we are breaking records. For example, we welcomed a record number of Indian exchange students to the US last year and hope to receive even more this year," said Bureau of South and Central Asian Affairs in a tweet attributed to Alice Wells.

"The ties between our countries are unshakeable, and we look forward to an even warmer relationship as @narendramodi hosts @POTUS later this month," it added.

Trump will pay a two-day state visit to India from February 24 at the invitation of Prime Minister Narendra Modi.

"India is at the heart of the Indo-Pacific region and plays an increasingly prominent role on the world's stage. The U.S. looks forward to partnering with #India at every step of the way, " Alice Wells further said.

According to the Ministry of External Affairs (MEA), Trump is expected to attend an event at the Motera Stadium in Ahmedabad on the lines of the ''Howdy Modi'' function that was addressed by the US President and PM Modi in Houston in September last year. Trump is slated to pay a two-day visit to India from February 24.

During the visit, Trump, who will be accompanied by First Lady Melania, will attend official engagements in New Delhi and Ahmedabad, and interact with a wide cross-section of the Indian society, the MEA said in a statement.

The announcement of Trump's first official visit to India was earlier made by the White House on Monday, which, in its statement, said that the US President and Modi had agreed during a recent phone conversation that the trip will "further strengthen the United States-India strategic partnership and highlight the strong and enduring bonds between the American and Indian people".

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 16,2020

Mar 16: An investigation into Coffee Day Enterprises Ltd., initiated by its board after the death of founder V.G. Siddhartha, is likely to conclude that at least Rs 2,000 crore is missing from its accounts, according to people familiar with the matter.

The months-long probe following the suicide of Siddhartha in July examined the financial transactions of India’s largest coffee chain and its dealings with dozens of private companies owned by the entrepreneur. The draft report, running more than a hundred pages, points to thousands of rupees that have gone missing, said the people, asking not to be named because the details aren’t public. It also details hundreds of transactions between the founder’s listed and personal businesses that were not conducted at arm’s length, they said.

Though the report is in its final stages, the precise details could change before its release, expected as early as this week, the people said. The missing funds could total more than Rs 2500 crore, one person said.

“The investigation report is still a work in progress, and not finalized,” a spokesman for the company said. “The board of directors and the company are unaware of its content at this point of time. Hence it would be premature to speculate on the investigation findings.”

The priority for management and Siddhartha’s family “is to keep the business running in a challenging environment and meet all stakeholder commitments, including 30,000 jobs associated with the group,” the spokesman added.

The disappearance of the 59-year-old founder last year stunned India’s business community. He had last been seen telling his driver he was going for an evening walk along a bridge in southern India; his body was found by local fishermen two days later. A letter delivered to Coffee Day’s board and employees, which appeared to be signed by Siddhartha, described massive debts and complained of pressure from lenders and tax authorities. It claimed he bore sole responsibility for the company’s financial transactions.

The probe began about a month later when the company brought in Ashok Kumar Malhotra, a retired senior official from India’s federal enforcement agency, to investigate. A senior lawyer practicing in India’s top court is assisting, the company said in a regulatory filing at the time.

The publicly traded Coffee Day was supposed to be India’s answer to Starbucks Corp. More than 1,500 of its Café Coffee Day outlets blanketed cities and highways, with affordable options for the country’s aspiring middle classes. The chain’s tagline: “A lot can happen over coffee.”

But the empire has been battered since the founder’s death. Its shares plummeted about 90% and its market value dropped to about $80 million. Trading was suspended in February.

India’s regulators are tracking the situation and may use the company’s final report as part of a deeper dive into its internal affairs, the people said. Coffee Day showed about Rs 2400 crore in cash and cash equivalents on its balance sheet as of March 2019, the most recent figures the company has issued.

After the death of Siddhartha however, the company faced a severe liquidity crunch and had “zero cash in the bank,” according to one of the people. It struggled with day-to-day expenses and paying salaries has been a strain, the person said.

The draft report details personal guarantees by Siddhartha for loans taken by Coffee Day, and his unsecured loans at high interest rates from local money lenders, the people said. It also probes Coffee Day’s defaults to coffee growers and other vendors, they said.

A related issue is that coffee estates owned by Siddhartha and several employees had been used as collateral for bank loans. The report found that valuations for properties were inflated to get the loans, one person said.

Investigators have examined several theories about what happened to the company’s money, including whether Coffee Day was manipulating its finances to show cash and profit and whether Siddhartha was taking cash out of the listed company to pay off a large investor to whom he had guaranteed a return, the person said. From the filings of his listed and private companies, the entrepreneur’s loans had totaled more than Rs 10,000 crore, and he had been squeezed by borrowing to repay interest on earlier loans, the person said.

In the letter purportedly from Siddhartha, the entrepreneur said he had tried his best but failed as an entrepreneur. “I am solely responsible for all mistakes,” the letter read. “Every financial transaction is my responsibility. My team, auditors and senior management are totally unaware of all my transactions. The law should hold me and only me accountable, as I have withheld this information from everybody including my family.”

As the report nears release, Coffee Day is finalizing a deal with Blackstone Group Inc. for real estate assets. A large tranche of the payment is due in about a week, one person said.

Coffee Day said it is working to reduce its debt load by divesting non-core enterprises.

“The aim is to save employment and preserve this iconic Indian brand,” the spokesman said.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 17,2020

New Delhi, Jun 17: Prime Minister Narendra Modi on Wednesday called for an all-party meeting to be held on June 19 to discuss the situation at the border areas with China.

The virtual conference meeting, presided by PM Modi, will be attended by presidents of various political parties in the country.

"In order to discuss the situation in the India-China border areas, Prime Minister Narendra Modi has called for an all-party meeting at 5 PM on 19th June. Presidents of various political parties would take part in this virtual meeting," a tweet by the PMO India read.

At least 20 Indian Army personnel, including a Colonel rank officer, had lost their lives in the violent face-off in the Galwan valley area of Ladakh on June 15.

The violent face-off happened on late evening and the night of June 15 in Ladakh's Galwan Valley as a result of an attempt by the Chinese troops to "unilaterally change" the status quo during de-escalation in Eastern Ladakh and the situation could have been avoided if the agreement at the higher level been scrupulously followed by the Chinese side, India said on June 16.

The Chinese side also suffered casualties, including the death of the commanding officer of the Chinese Unit involved in the violent face-off with Indian troops, sources confirmed to news agency.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.