US and UK strike Houthi missile and weapons sites in Yemen


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The US and UK struck eight Houthi military sites in Yemen on Monday, the Pentagon said, in the latest attempt to stop the Iran-backed rebel group from launching attacks on shipping in the Red Sea.

A barrage of about 30 Tomahawk land-attack missiles, precision-guided munitions and drone strikes hit Houthi weapons-storage facilities and missiles, a senior US military official said.

British fighter jets dropped precision-guided bombs on two sites near a Sanaa airfield, in what was the UK's second involvement in anti-Houthi strikes.

“We definitely feel that the strikes we have taken tonight … have removed significant Houthi capability,” the US official said, adding that the targeting was “specific” and designed to avoid the risk of civilian casualties.

The official also said the targets were chosen to “avoid escalation”.

“We are not at this time expanding beyond that target set,” the official said.

A senior US official told reporters that the Houthis had conducted at least 33 attacks on commercial shipping since November. About 15 per cent of global trade went through the Red Sea but several major cargo companies have now rerouted ships around the southern tip of Africa to mitigate risks.

The Houthis have vowed to step up strikes even as US-led bombing missions continue.

Monday's military action was the eighth US-led strike on the Houthi rebels since military operations against the group began on January 11, despite President Joe Biden admitting the raids are failing to deter aggression.

A Houthi social media channel said 18 air strikes were launched, most of them on Sanaa and the surrounding area.

It warned that “these attacks will not go unanswered and unpunished”.

An aircraft prepares to launch from the USS Dwight D. Eisenhower during the latest round of anti-Houthi strikes. AP
An aircraft prepares to launch from the USS Dwight D. Eisenhower during the latest round of anti-Houthi strikes. AP

In its second such strike, the UK's Royal Air Force used four Typhoon FGR4 fighter jets to drop Paveway IV munitions on Yemen.

Britain said the two sites hit were "being used to enable the continued intolerable attacks" against civilian shipping.

UK Foreign Secretary Lord Cameron said action to curb Houthi firepower would continue, despite the initial strikes failing to prevent 12 more attacks on shipping.

“These attacks are illegal, they are unacceptable," he said. "What we've done again is send the clearest possible message that we will continue to degrade their ability to carry out these attacks."

A joint statement from the US and UK said that Australia, Bahrain, Canada and the Netherlands assisted in the “additional round of proportionate and necessary strikes against eight Houthi targets”.

“Today’s strike specifically targeted a Houthi underground storage site and locations associated with the Houthis’ missile and air surveillance capabilities,” the statement read.

The Houthis, who control much of Yemen, say they are trying to hit ships travelling to Israel in response to its war with Hamas in the Gaza Strip.

But many of the ships being attacked have no connection to Israel.

The US, alongside several countries including the UK, in December launched a maritime operation called Operation Prosperity Guardian to secure the Red Sea waterway against Houthi attacks.

“Let us reiterate our warning to Houthi leadership: we will not hesitate to defend lives and the free flow of commerce in one of the world’s most critical waterways in the face of continued threats,” the statement said.

The strikes against the militants in Yemen is “another blow to their limited stockpiles and ability to threaten global trade”, UK Defence Secretary Grant Shapps said in a post on X.

The White House said Mr Biden and UK Prime Minister Rishi Sunak “discussed ongoing Iranian-backed Houthi attacks against merchant and naval vessels transiting the Red Sea” in a phone call earlier on Monday.

“They reiterated their commitment to freedom of navigation, international commerce, and defending mariners from illegal and unjustifiable attacks,” the White House said.

Earlier on Monday, two US officials told CNN that the operation against the Houthi sites in Yemen has been named Operation Poseidon Archer, and that it is separate from other Red Sea security activities.

US-led strikes on the Houthis so far:

January 11: The US and Britain launch the first air strikes on Houthi military sites across Yemen, pledging to protect the freedom of navigation in the Red Sea. They struck radar systems, air defence systems, and storage and launch sites for attack drones, cruise missiles and other rockets, US Central Command said.

January 13: US forces conduct a strike against a Houthi radar site in Yemen. This strike was conducted by the USS Carney using Tomahawk land attack missiles.

January 16: US forces destroy four Houthi missile launchers in Yemen. The launchers were considered to be an imminent threat to commercial and US military vessels in the area.

January 17: US military forces strike 14 Houthi missiles that had been primed to fire on commercial and US naval shipping in the Red Sea, Centcom said.

January 18: US fighter jets conduct a fifth strike on Houthi targets, this time hitting two anti-ship missiles that were being prepared for launch towards the Red Sea.

January 19: US forces conduct three “self-defence strikes” against Houthi targets.

January 20: US forces carry out air strikes on a Houthi anti-ship missile ready to be used against commercial vessels and US Navy ships in the Gulf of Aden.

January 22: US and Britain strike eight Houthi targets in Yemen.

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution

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Updated: January 23, 2024, 12:12 PM