Houthi attacks blamed on US inaction

October 17, 2016

Jeddah, Oct 17: The Houthi militias, which are backed by Iran, have — for the third time in less than a week — attacked US Navy in the strategic Bab Al-Mandab Strait, one of the world's busiest shipping lanes.

HOUTHI

Saturday night's attack came after the first one on Monday, Oct. 10. At that time, the US Navy said it was unsure if it was being targeted or if the attack was a mistake.

The second attack — on Wednesday, Oct. 12 — prompted the US military to respond with verbal warnings and limited strikes on Thursday. Three radar sites in Houthi-held Yemeni territories near Ras Isa, north of Mukha and near Khoka, were taken out.

Pentagon Press Secretary Peter Cook said at the time that “the limited self-defense strikes were conducted to protect our personnel, our ships and our freedom of navigation.”

However, the Houthi militias — a radical religious group whose primary slogan is “Death to America” — remained undeterred and waged a third attack on Saturday night, firing a number of missiles at the USS Mason and other US ships in the Red Sea.

“The Mason once again appears to have come under fire from cruise missiles fired from Yemen,” Adm. John Richardson, chief of US naval operations, told reporters on Sunday.

The Mason was in international waters when multiple incoming surface-to-surface missiles were detected by the ship's crew about 3:30 p.m. EDT. No damage was reported to the vessel or other ships accompanying it.

A US official was quoted as saying by news agencies that an additional radars could have been used in the latest attack.

Saturday night's attack has eliminated all doubts that the attacks were a mistake or that the Houthis wanted to avoid a confrontation with the US.

In fact, the only one who seems to be avoiding a full-fledged confrontation is the US, thereby emboldening the Houthi militias — as rightly explained by Ali Khedery, formerly the longest serving US official in Iraq who is now based in Dubai.

Khedery blamed the recurrent attacks on America's lack of robust responses to such grave provocations.

“Due to the strategic missteps in the Middle East since Sept. 11 2001, by both US Presidents George W. Bush and Barack Obama and their administrations, and because of the quagmires in Iraq and Afghanistan, many jihadi groups have felt emboldened enough to threaten the US,” he told Arab News on Sunday. “These groups include Sunni jihadi groups, such as Al-Qaeda (Al-Qaeda in Iraq and Al-Qaeda in the Arabian Peninsula) and Daesh, and the Shiite jihadi groups, such as the Quds Force, Hezbollah, the Iraqi Shiite militias and now, most recently, the Houthis.”

“The reason these groups feel emboldened is because the Iranians, for example, working with Al-Qaeda and the Shiite militia groups killed and wounded thousands of American soldiers in both Afghanistan and Iraq without any major repercussions or reactions from the US,” he said.

“A message should have gone that the United States as a superpower cannot, and should not, be messed about by these Third World powers, such as Iran or even worse, by their militias and proxies,” said Khedery. “Unfortunately, a precedent was set when there was no major retaliation to the killings with impunity of American soldiers across Iraq. This led the jihadi groups to become more and more emboldened and that is why there is a situation such as the one in Yemen, where the Houthis feel that they can fire anti-ship missiles at the US Navy without any major response.”

A US State Department official opted not to provide specific answers to specific questions from Arab News. However, he responded with a statement which said that the US had indeed attacked three Houthi radar sites on Thursday in what he described as “limited self-defense strikes.” He added that these counter-attacks were conducted “to protect our personnel, our ships and our freedom of navigation in this important maritime passageway.”

The official insisted, however, that “the strikes were not conducted as part of the Saudi coalition's hostilities with the Houthis” and that “the United States continues to call on all parties in Yemen — the Saudi-led coalition, the Yemeni government, the Houthis and Saleh-aligned forces — to commit to an immediate cessation of hostilities and implement this cessation based on the April 10 terms.”

Salman Al-Ansari, founder and president of the Washington-based Saudi-American Public Relation Affairs Committee (SAPRAC), said one should call things for what they are.

“It is Iran that attacked the US Navy with rockets via its militia in Yemen,” he said. “We, as Saudis, believe that US security is an extension of global security.”

He said Saudi Arabia was very concerned at seeing the Houthis targeting the US Navy. “Saudi Arabia will always be committed to stand with its partner — the US — through thick and thin,” he added.

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
July 2,2020

Jul 2: Democratic presidential candidate and former US vice-president Joe Biden has said that if he wins the November elections, strengthening the relationship with India which is America’s "natural partner", will be a high priority for his administration.

"India needs to be a partner in the region for our safety's sake and quite frankly for theirs," he said in response to a question on India-US relationship during a virtual fundraiser event on Wednesday.

At the fundraiser hosted by Chairman and CEO of Beacon Capital Partners Alan Leventhal, the former vice president said that India and the United States were natural partners.

"That partnership, a strategic partnership, is necessary and important in our security," Biden said when asked by an attendee whether India is critical to the US' national security.

Referring to his eight years as the vice president, he said, "In our administration, I was proud to play a role more than a decade ago in securing Congressional approval for the US-India Civil Nuclear Agreement, which is a big deal".

"Helping open the door to great progress in our relationship and strengthening our strategic partnership with India was a high priority in the Obama-Biden administration and will be a high priority if I'm elected president,” Biden said.

Both as the vice president and a senator from Delaware, he was a big supporter of India-US relationship.

About the November polls, Biden said that the character of the country is on the ballot. The upcoming election is the most important poll of a lifetime and that the country is currently engaged in a battle for its soul, he claimed.

Biden also slammed President Donald Trump and his administration over the handling of the coronavirus pandemic.

"Trump ignored warnings from the very beginning, refused to prepare and failed to protect the country. Not just now but throughout his presidency, undermining the very core pillars of ours, what I would argue, moral and economic strength.

"I really do believe that our country is crying out for leadership and maybe even more important, some healing. Today, we have an enormous opportunity not only to rebuild but to build back better than before. To build a better future. That's what America does," he added.

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
May 6,2020

Washington, May 6: At a time when the coronavirus pandemic has squeezed them, multi-national companies in America are laying off workers while paying cash dividends to their shareholders. Thus making the workers bear the brunt of the sacrifices while the shareholders continue to collect.

The Washington Post said in one of its reports that five big American companies have paid a combined USD 700 million to shareholders while cutting jobs, closing plants and leaving thousands of their workers filing for unemployment benefits.

Since the pandemic was declared an emergency, Caterpillar has suspended operations at two plants and a foundry, Levi Strauss has closed stores, and toolmaker Stanley Black & Decker has been planning layoffs and furloughs.

Steelcase, an office furniture manufacturer, and World Wrestling Entertainment have also shed employees.

Executives of those companies told the Post that the layoffs support the long-term health of their companies, and often the executives are giving up a piece of their salaries. Furloughed workers can apply for unemployment benefits.

But distributing millions of dollars to shareholders while leaving many workers without a paycheck is unfair, critics argue, and belies the repeated statements from executives about their concern for employees' welfare during the coronavirus crisis.

Caterpillar, for example, announced a USD 500 million distribution to shareholders April 8, about two weeks after indicating that operations at some plants would stop. The company however declined to divulge how many workers are affected.

"We are taking a variety of actions globally, but we aren't going to discuss the number of impacted people," spokeswoman of the company, Kate Kenny, said in a reply to an email by the Post.

This spate of dividends is also likely to revive long-standing debates about economic rewards.

"There are no hard-and-fast rules about this," said Amy Borrus, deputy director of the Council of Institutional Investors, a group that argues for shareholder rights and represents pension funds and other long-term investors.

Many large US companies choose to issue a regular, quarterly dividend to shareholders, often increasing it, and they boast about these payments because they help keep the share price higher than it might otherwise be. Those companies might be reluctant to announce that they are cutting or suspending their dividend during a crisis, Borrus was further quoted as saying.

But "companies have to be mindful of the optics of paying dividends if they're laying off thousands of workers," she added.

On March 26, Caterpillar had announced that because of the pandemic, it was "temporarily suspending operations at certain facilities." Two plants, in East Peoria, Ill., and Lafayette, Ind., were coming to a halt, as well as a foundry in Mapleton, Ill., according to news reports.

"We are taking a variety of actions at our global facilities to reduce production due to weaker customer demand, potential supply constraints and the spread of the covid-19 pandemic and related government actions," Kenny said via email.

"These actions include temporary facility shutdowns, indefinite or temporary layoffs," she added.

Similarly, Levi Strauss announced April 7 that the company would stop paying store workers, and about 4,000 are now on furlough. On the same day, the company announced that it was returning USD 32 million to shareholders.

"As this human and economic tragedy unfolds globally over the coming months, we are taking swift and decisive action that will ensure we remain a winner in our industry," Chip Bergh, president and chief executive of the company, also told the Post.

Stanley Black & Decker announced on April 2 that it was planning furloughs and layoffs because of the pandemic. Two weeks later, it issued a dividend to shareholders of about USD 106 million.

The notion that a company's primary purpose is to serve shareholders gained prominence in the 1980s but has come under attack in recent years, even from business executives, the newspaper reported.

Corporate decisions to suspend dividends and buybacks are complex, however, and it is difficult to know whether these suspensions of dividend and buyback programs were motivated by a desire to conserve cash in anticipation of bad times, and how much they are prompted by a sense of obligation to employees.

Over recent decades, the mandate to "maximize shareholder value" has become orthodoxy, for many, and it is often unclear what motivates companies to pare dividends or buybacks for shareholders, said William Lazonick, an emeritus economics professor at the University of Massachusetts at Lowell, who has been one of the leading critics of companies that distribute cash to shareholders through stock buybacks and dividends rather than reinvesting the profits into employees, innovation and production.

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
February 18,2020

Washington, Feb 18: The upcoming visit of President Donald Trump to India later this month has the potential to usher in a new era of bilateral ties between the two countries, a top American business advocacy group has said.

President Trump will pay a state visit to India on February 24 and 25 at the invitation of Prime Minister Narendra Modi. He would be accompanied by First Lady Melania Trump.

This would be the president's first bilateral visit in the third decade of the 21st century and also the first after his acquittal by the Senate in the impeachment trial.

"I believe President Trump's upcoming visit to India has the potential to usher in a new era of our bilateral ties," Mukesh Aghi, President of the US India Strategic and Partnership Forum (USISPF) said in a statement on Monday.

On the sidelines of the visit, the USISPF, in collaboration with the Federation of Indian Chambers of Commerce and Industry (FICCI) and the ORF, has announced to organise a program entitled "US-India Forum: Partners for Growth".

The full-day discussion will focus on the key pillars defining India and the US' strategic, economic, and cultural partnership over the next decade.

"We have an opportunity before us to make real progress on multiple aspects of the relationship— whether it is upholding peace and security in the Indo-Pacific region; building upon an already strong energy partnership; developing co-production and co-development opportunities in the defense space; or strengthening bilateral trade," Aghi said.

"We look forward to an extremely successful visit and some concrete outcomes from the visit," he said.

The day-long programme on February 25 in New Delhi, will bring together over 500 senior business executives, members of the US-India think tank community and leading figures of the Indian diaspora to set the agenda for this strategic partnership.

Discussions during the day will touch upon areas, including the Indo-Pacific Strategy and Maritime Security; the US-India Defence Partnership, the US-India Energy Partnership, Elevating US-India Trade and Investment and Role of the Indian Diaspora in US-India Relations.

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.