Donald Trump stands by Saudi crown prince

Agencies
December 12, 2018

Washington, Dec 12: US President Donald Trump said on Tuesday that he stood by Saudi Arabia's crown prince despite a CIA assessment that he ordered the killing of journalist Jamal Khashoggi and pleas from US senators for Trump to condemn the kingdom's de facto ruler.

Trump refused to comment on whether Crown Prince Mohammed bin Salman was complicit in the murder, but he provided perhaps his most explicit show of support for the prince since Khashoggi's death more than two months ago.

"He's the leader of Saudi Arabia. They've been a very good ally," Trump said in an interview in the Oval Office.

Asked by Reuters if standing by the kingdom meant standing by the prince, known as MbS, Trump responded: "Well, at this moment, it certainly does."

Some members of Saudi Arabia's ruling family are agitating to prevent MbS from becoming king, sources close to the royal court have told Reuters, and believe that the United States and Trump could play a determining role.

"I just haven't heard that," Trump said. "Honestly, I can't comment on it because I had not heard that at all. In fact, if anything, I've heard that he's very strongly in power."

While Trump has condemned the murder of Khashoggi, a U.S. resident and Washington Post columnist who was often critical of MbS, he has given the benefit of the doubt to the prince with whom he has cultivated a deep relationship.

Trump again reiterated on Tuesday that the "crown prince vehemently denies" involvement in a killing that has sparked outrage around the world.

Trump has come under fierce criticism from fellow Republicans in the Senate over the issue, particularly after CIA Director Gina Haspel briefed them. Last month, the CIA assessed that MbS ordered the killing, which Trump called "very premature."

"You have to be willfully blind not to come to the conclusion that this was orchestrated and organized by people under the command of MbS," Republican Senator Lindsey Graham, a Trump ally, said last week.

Meeting with Senators

Graham and other senators who have supported the US-Saudi alliance over the years have said that Trump should impose more sanctions after a first round targeted 17 Saudis for their alleged role in the killing in the Saudi consulate in Istanbul on Oct. 2.

As the Senate considers this week a joint resolution condemning the crown prince for the killing, something that the president would have to sign or veto if passed by Congress, Trump said he would meet with senators.

Trump said he hoped senators would not propose stopping arms sales to the Saudis, deals he has doggedly fought to save ever since the gruesome details of Khashoggi's murder were leaked by Turkey.

"And I really hope that people aren't going to suggest that we should not take hundreds of billions of dollars that they’re going to siphon off to Russia and to China," Trump said.

Trump said he could abide by legislation ending U.S. support for the Saudi-led war effort in Yemen, a proxy war with regional rival Iran that has led to a deepening humanitarian disaster.

"Well, I'm much more open to Yemen because frankly, I hate to see what's going on in Yemen," Trump said. "But it takes two to tango. I'd want to see Iran pull out of Yemen too. Because - and I think they will."

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coastaldigest.com news network
June 29,2020

Dubai, Jun 29: Saeed bin Ahmed Al Lootah, a pioneering Emirati businessman and the founder of the world's first Islamic bank, is no more. He breathed his last on June 28.

Born in 1923, Saeed was instrumental in setting up the Dubai Islamic Bank (DIB) in 1975 to provide the community with a Sharia-compliant alternative to conventional banking.

He established several companies, organisations and societies, including the Dubai Consumer Cooperative. He also established the Islamic Education School in 1983 and the Dubai Medical College for Girls in 1986.

In 1992, Haj Saeed established the first College of Pharmacology in Dubai. Later he launched the Dubai Centre for Environmental Research, the Dubai Specialised Medical Centre, and the Medical Research Labs for health control and research into medicinal herbs and Islamic (Nabawi) medicine. He also set up an orphanage.

Saeed bin Ahmed Al Lootah was a self-made businessman who progressed from being a seafarer and trader to an accomplished tutor, author, economist, banker, entrepreneur, businessman and visionary community leader.

According to details available on the S.S. Lootah Group website, his "fervent adherence to the core values of education, cooperation and economy" helped empower "people to excel at everything they do".

"He realised the need to build permanent houses and ventured into construction. His 'capital' at that time were his skills, knowledge and hard work," the website said.

He laid the foundation of S.S.Lootah Contracting Company as a joint venture with his brother Sultan in 1956. "With the enduring values of education, cooperation and economy set as the foundations of his work, Haj Saeed started a number of businesses as well as not-for-profit education and research ventures, with an aim to serve the people of the UAE.

"Thanks to his vision and leadership, our home grown ventures continue to demonstrate unique values that extend well beyond its functional benefits - creating greater economic, social and environmental benefits for people in UAE and beyond."

Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, took to Twitter on Sunday to offer his respects.

Sheikh Mohammed said: "He was a trader who started with nothing. His touch is visible in several aspects of the Dubai economy."

Calling the deceased a "wise and smart man", Sheikh Mohammed said: "May Allah bless his soul and grant his family the strength to endure and persevere."

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, also paid his respects. "He combined economic leadership with charitable work. He launched charitable educational institutions and sponsored many orphans. His memory will live on. May Allah have mercy on him and grant his family patience."

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News Network
January 28,2020

Kolkata, Jan 28: West Bengal chief minister Mamata Banerjee Tuesday said she is ready for talks with Prime Minister Narendra Modi on the issue of Citizenship Amendment Act but the Centre has to first withdraw the contentious law.

Banerjee said protesting against the decisions of the centre doesn't make opposition parties anti-national and iterated that she will not implement CAA, NRC or NPR in the state.

"It is good that the prime minister is ready for talks but the Citizenship Amendment Act (CAA) must be revoked first. They (Centre) did not call an all-party meeting before taking a decision on Kashmir and CAA.

"We are ready for talks but first withdraw this Citizenship Amendment Act," Banerjee, a staunch critic of the BJP, said addressing a protest programme against CAA through paintings.

The West Bengal assembly had on Monday passed a resolution against the CAA to become the fourth state after Kerala, Punjab and Rajasthan, to do so. The state assembly had on September 6, 2019, passed a resolution against the NRC.

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Agencies
March 9,2020

Mumbai, Mar 9: The mayhem in domestic stock markets deepened with the BSE Sensex falling over 2,400 points and the Nifty50 trading below 10,400 points.

The plunge in the domestic indices was in line with the global markets on persistent fears of economic impact of the coronavirus epidemic.

Stocks of Reliance Industries registered the biggest fall in over 10 years as it fell to Rs 1,094.95 per share. At 1.34 p.m., it was trading at Rs 1,100, lower by Rs 170.05 or 13.39 per cent from its previous close. The stock fell most since October 2008.

The benchmark index of BSE Sensex was trading at 35,232.67 points, lower by 2,343.95 points or 6.24% from the previous close of 37,576.62 points. 

It had opened at the intra-day high of 36,950.20 and has so far touched a low of 35,109.18.

The Nifty50 on the National Stock Exchange was trading at 10,314.25 points, lower by 675.20 points or 6.14% from the previous close. 

It was a sell-off across sectors, led by financial, metal, energy and IT stocks - which weighed on the markets.

Further, crude oil prices also slumped around 30% on Monday as Organization of Petroleum Exporting Countries (OEPC) failed to agree on an output cut deal, eventually causing Saudi Arabia to cut its prices as it is likely to increase its production. Saudi Arabia's stance has already raised concerns of an all-out price war.

Brent crude futures are currently trading around $34 per barrel.

On Saturday, Saudi Arabia announced massive discounts to its official selling prices for April, and the nation is reportedly preparing to increase its production above the 10 million barrel per day mark, according to reports.

As per analysts, the oil market witnessed the worst price fall on Monday since the 1991 Gulf War.

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