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.

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News Network
February 1,2020

New Delhi, Feb 1: Activist Sharjeel Imam's mobile phone and laptop along with some anti-CAA posters have been seized from his house in Bihar's Jehanabad and rented flat in Vasant Kunj, police said on Friday.

Imam was arrested by the Delhi Police's Crime Branch from Jehanabad in a sedition case and he is being questioned by police for his alleged inflammatory speeches in Aligarh and at the Jamia Millia Islamia University here.

During investigation, a laptop and a desktop belonging to Imam were recovered from his rented flat at Vasant Kunj, Deputy Commissioner of Police (Crime) Rajesh Deo said.

His mobile phone was recovered from his house at his native place in Jehanabad's Kako area on the instance of his brother, he said.

Imam had prepared anti-CAA and anti-NRC pamphlets with "misleading and intimidating facts" and then distributed them in various mosques, the copy of which have been recovered, police said.

The shop from where he made photocopies of the pamphlets has also been identified, they added.

Imam was arrested on Tuesday. He was brought to Delhi on Wednesday and produced at the residence of Chief Metropolitan Magistrate Purushottam Pathak in the evening amid tight security after which police were granted his five-day custody.

The PhD scholar at the Jawaharlal Nehru University's Centre for Historical Studies has been booked for sedition and other charges in several states after videos of his alleged inflammatory speeches, made during protests against the Citizenship (Amendment) Act (CAA), were circulated on the social media.

An FIR was registered against Imam by the Delhi Police on January 25 under IPC sections 124A (sedition) and 153A (promoting or attempting to promote disharmony or feelings of enmity on grounds of religion, race, place of birth, residence, language, caste or community or any other ground whatsoever) among others.

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News Network
January 21,2020

Jan 21: Indian policymakers may make it easier for companies to tap foreign funding, as a prolonged cash squeeze makes it tough for firms to borrow at home.

Investors are speculating about potential steps Finance Minister Nirmala Sitharaman could unveil when she presents the nation’s budget on Feb. 1. These measures may include freeing up firms to borrow at higher rates and offering tax breaks to global funds.

“The government will need to relax local rules to make it easier for Indian companies to raise debt overseas and tide over the funding crunch in the onshore market,” said Raj Kothari, London-based head of trading at Jay Capital Ltd. “At the same time, they need to ensure that the borrowers tapping offshore markets abide with stricter corporate governance so as to avoid further defaults.”

A prolonged crisis in India’s shadow bank sector and a pile of bad loans at traditional lenders is making it expensive for Indian companies, other than the best-rated firms, to access funding. The government has tried a series of measures to spur domestic credit, including providing so-called credit enhancement and allowing tiny firms to restructure debt.

Here are some steps Sitharaman may consider to spur foreign borrowing:

• She could raise the cap of 450 basis points above Libor, which limits overall foreign debt costs for Indian companies

• This could help lower-rated firms sell bonds abroad. Indian companies rated BBB currently borrow at more than 10%, about 3.8 percentage points more than their top-rated peers;

• Sitharaman could waive the withholding tax foreign investors need to pay on holdings of rupee-denominated debt sold by Indian companies abroad

• The waiver was offered between September 2018 to March 2019, but wasn’t extended as the highest global interest rates since the financial crisis deterred Indian borrowers. Since then, the three-month Libor has dropped by about 1 percentage point

• She could permit Indian property developers and housing finance lenders to sell overseas bonds for reasons beyond affordable housing projects

• New funding lines to the real estate sector, arguably ground zero of India’s economic slowdown, could help kickstart consumption and investment as the industry is the nation’s biggest job-creator.

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Agencies
January 9,2020

Noida, Jan 6: A fire broke out at the ESIC Hospital in Noida on Thursday morning and firefighting was underway, officials said.

The blaze broke out in the basement of the seven-storey hospital building located in Sector 24, a police official said.

Fire tenders were rushed to the spot after the Fire Department was alerted about it around 8 am, the official said.

After that, a search was done to see if anyone was trapped in the building, he said.

The cooling process is now underway.

He said the fire had engulfed the ground, first and second floors of the building, except the basement.

Police said they received information about fire at Kaveri printing press at 2:45 am, when the manager Yogesh called them. The press owners have been identified as Atul and Anuj Goyal, residents of Sukhdev Vihar, they said.

The man who died in the fire has been identified as Phool Dev, from Bihar, who used to work as a help there. Dev went inside the building in the night to sleep before the fire started and died due to suffocation, the fire department official said.

The body has been kept at Lal Bahadur Shastri Hospital and the post-mortem will be done once the family reaches here, police said.

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