Syria’s Assad 'finished,' Tunisian leader says

April 25, 2012

spo_spurs


Beirut, April 25: Bashar Assad’s international allies must realize the Syrian president is “finished” and persuade him to step down to avoid further bloodshed, Tunisian President Moncef Al-Marzouki said in a newspaper interview published on Tuesday.


“The Russians and Chinese, and the Iranians must understand that this man is finished and they cannot defend him. They must persuade him to leave power and hand over to his deputy,” Marzouki told the regional Arab newspaper Al-Hayat.


Assad “will go one way or another ... dead or alive,” he added.


Addressing the Syrian leader directly, he said: “It’s better for you and your family to leave alive, because if you decide to leave dead, that means that you have caused the deaths of tens of thousands of innocents. Enough blood has been shed.”


Tunisia, whose peaceful revolution a year ago sparked the Arab Spring uprisings that saw off autocratic leaders in Egypt, Libya and Yemen, offered to give Assad political asylum in February to stem the violence in Syria, where the United Nations says government forces have killed 9,000 people.

Syrian authorities say they are fighting foreign-backed Islamist militants, who they blame for killing more than 2,500 soldiers and police.


UN observers are launching a monitoring mission in Syria to oversee an April 12 cease-fire agreement brokered by former UN Secretary General Kofi Annan.


Fewer than a dozen from a planned mission of 300 observers have arrived so far, and the violence has continued. Activists said 30 people were killed across Syria on Monday.


Marzouki said the mission had little chance of ending the killings. “I do not expect it to succeed, because the number of observers is very small. Three hundred people cannot do anything,” he said. “In Kosovo there were thousands of observers.”

3 intelligence agents killed

Meanwhile, activists said three Syrian intelligence officers were killed in Damascus on Tuesday, the latest attack on regime targets as the country’s 13-month conflict grows increasingly militarized.


The attack took place as a UN team observing Syria’s violence-ridden truce was visiting another area near the capital, the restive suburb of Douma. Activists and amateur videos reported that the area was being shelled.


The Britain-based Syrian Observatory for Human Rights said the three officers were killed early Tuesday in the Barzeh neighborhood but gave no further information. The Syrian government did not comment.


Rebels seeking to topple Assad have ramped up attacks on military targets and security officers, some of whom have been killed in their cars on the way to work.


The UN says more than 9,000 people have been killed since the conflict began in March 2011 with mostly peaceful protests calling for political reforms. The government brutally cracked down, deploying troops, snipers and pro-government thugs to quash dissent, while many in the opposition have armed themselves for protection.


The international community remains divided on how to stop the conflict, with the US and many Western nations calling for Assad to leave power while Russia and China have stood by Damascus.


All, however, have endorsed a six-point plan by envoy Kofi Annan that calls for a cease-fire to allow for talks between all sides on a political solution to the conflict.


Despite broad backing, the plan has been deeply troubled since the cease-fire was to go into effect on April 12. The Syrian government has not withdrawn its troops from populated areas or allowed media access and its troops have shelled opposition areas. Armed rebels, too, have continued to attack military convoys and checkpoints.


The regime cites such attacks in arguing that the uprising is the work of armed terrorists acting out a foreign conspiracy to weaken the country.


An 11-person monitoring team is currently in Syria to observe the cease-fire and prepare for a total team of 300 monitors to arrive later. But some areas that have welcomed the team with anti-government demonstrations have faced apparent retribution from the regime.


On Monday, more than 30 people were killed in the central city of Hama, just one day after the monitoring team visited the city.


One amateur video posted online showed blood in the streets. Another showed 15 bodies laid out in rows and wrapped in white cloth. The Observatory said 55 people were killed across Syria on Monday.


Syria’s state news agency said UN observers were visiting the restive suburb of Douma Tuesday, their second visit in two days.


A Douma activist, Mohammed Saeed, said via Skype that he had heard the observers arrived but had no information on their visit.


“The news here is very bad,” he said. “There are tanks and shelling and gunfire and the army has prevented fire engines from entering the city,” he said.


Amateur videos posted online showed an explosion in the area and smoke rising into the sky.

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.
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.

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 19,2020

Abu Dhabi: The United Arab Emirates today reported 873 new coronavirus cases, pushing the total number of COVID-19 infections in the country to 25,063.

Three more people have died from the virus, bringing the total death toll to 227, the ministry revealed, adding that a total of 1,214 COVID-19 patients have made full recovery, which takes the overall number of patients recovered to 10,791.

The latest coronavirus patients, all of whom are in a stable condition and receiving the necessary care, were identified after conducting more than 38,000 additional COVID-19 tests among UAE citizens and residents over the past few days, the ministry said.

It expressed its sincere condolences to the families of the deceased and wished a speedy recovery to all patients, calling on the public to cooperate with health authorities and comply with all precautionary measures, particularly social distancing protocols, to ensure the safety and protection of the public.

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
April 28,2020

Riyadh, Apr 28: The number of confirmed coronavirus cases in Saudi Arabia crossed the critical 20,000-mark on Tuesday with the discovery of 1,266 new cases. Eight new deaths were also recorded during the last 24 hours, bringing the virus-related death toll to 152.

Twenty-three percent of the new cases are of Saudi nationals, while 77 percent are of non-Saudi residents, Saudi Press Agency (SPA) quoted the ministry spokesman Dr. Muhammad Al-Abdel Ali as saying.

Out of the total 20,077 cases till Tuesday, 17,141 cases are active, he added. A total of 118 cases are currently critical, the spokesman said.

Out of the 1,266 new cases, 327 were reported in Makkah, 273 in Madinah, 262 in Jeddah, and 171 in Riyadh. There were 58 cases in Jubail, 35 in Dammam, 32 in Taif, 29 in Tabuk and 18 in Al-Zulfi. Additionally, nine cases were recorded in Khulais; eight in Buraidah; seven in Al-Khobar; five in Hufof; four each in Qatif and Ras Tanura; three in Adhum; two each in Al-Jafr, Al-Majaridah, Yanbu, Bisha and Diriyah; and one each in Abha, Khamis Mushayt, Baqeeq, Dhahran, Dhalum, Sabiya, Hafr Al Batin, Hail, Sakaka, Wadi Al-Dawasir and Sajr, the spokesman said.

The Kingdom saw a spike in cases when the health ministry began its field-testing efforts nearly two weeks ago, targeting suspected infection cluster areas. Since then, there has been a steady increase in daily cases.

Till Monday, around 1 million people were screened in various neighborhoods throughout the Kingdom.

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.