It is evident from President Joe Biden's speech at the US State Department that his administration is going to pursue a policy of diplomacy – "maximum diplomacy", if you like – thereby replacing the previous Trump administration's "maximum pressure" campaign against Iran.
The Biden administration, led by Secretary of State Antony Blinken, is already in contact with America’s allies in Europe to discuss a strategy towards the Iranian regime. Precisely what this strategy will entail is hard to tell right now. But the administration will almost certainly not rush back into the nuclear deal, which the US and other global powers signed with Iran in 2015 before former president Donald Trump withdrew his country from it.
It is a good sign that Washington will not cave in to pressure being exerted by Tehran to do just that. There is a clear understanding that the regime has been, for the most part, a force for bad, not just in its neighbourhood but in the wider region and the world at large. While its ongoing development of nuclear weapons is bad news for everyone, its funding of armed proxies in Arab countries run by weak governments is well known.
French President Emmanuel Macron has made bold statements in the past. Reuters
My concern, however, is that the administration may stray too far from Mr Trump’s pressure campaign, which has significantly weakened the regime financially. If the former president did ever use diplomacy, it was the unconventional type – and it worked to some extent. Mr Biden, on the other hand, runs the risk of putting some of that good work in jeopardy if he returns to the kind of conventional diplomacy pursued by his former boss, Barack Obama, which proved ineffective in the Middle East, particularly with regard to the Syrian civil war.
As Mr Blinken talks to the Europeans, he should be mindful of the statements that French President Emmanuel Macron has made at various points in the past. Mr Macron has often sought to involve himself in geopolitical challenges around the world without a lot of success. Words do matter, but six months after a deadly blast in Beirut's port area killed at least 200 people, the French president's repeated visits to the Lebanese capital and his tough public remarks have done little to extract accountability from that country's politicians.
Meanwhile, the fear of political assassinations, which were a thing of the past, is rife across Lebanon once again. The country is struggling to come to terms with the killing of activist and publisher Lokman Slim. Found shot dead in his car in south Lebanon earlier in the week, Slim was known for his outspokenness – especially against Hezbollah. The Tehran-backed Lebanese proxy has denied any involvement in his killing and even condemned it. However, Hezbollah leader Hassan Nasrallah's son, Jawad, posted and then deleted a tweet saying: "The loss of some is in truth a gain and an unexpected kindness."
This is the same Hezbollah that Mr Macron attempted to placate during discussions following the port blast. The hope then was that by taking all the political forces along with it, Paris could help usher in much-needed economic and political reforms in Lebanon. Those efforts came to nought, because Hezbollah – and by extension, Tehran – controls Lebanese politics and has no incentive to encourage reforms.
Lokman Slim with his dog. "He was a generous person and loved people. He even loved trees and the garden and animals generally," recalled Ahmad Jaber. Lokman Slim / Facebook
Lokman Slim was a Shiite Muslim secular intellectual known for his opposition to the Shiite movement Hezbollah. AFP
Slim, who is remembered by friends as multi-talented, was also a publisher who ran a research centre focused on Lebanese culture and history. Reuters
Lokman Slim's office. "Lokman is a researcher. Lokman is a writer. Lokman is an artist. Lokman was a man of political opinions. Lokman was an outstanding personality," said Ali El Amine. Reuters
Slim speaks during a conference in Beirut, Lebanon, 04 February 2021. EPA photo
Mr Macron has in recent times called for a new phase of negotiations with Iran, which is fine, but added that he wants to play a role in it. But can he really play the role of "an honest broker and a committed broker", as he has claimed he can, between the US and Iran? He should, instead, push for an idea that he had proposed once but, like with other proposals in the past, failed to follow up on: including Saudi Arabia and Israel in future negotiations with Iran, especially to resolve Tehran's ballistic missiles programme and transgressions in their neighbourhood.
Diplomacy is good. But it is high time that American, French and European diplomats were united in a common commitment to end Iranian impunity in the region. Since December, two other assassinations have been carried out in Lebanon. The global powers need to include these killings, as well as the many that happen in Iraq, in future dialogues with Tehran. If the regime seeks sanctions relief, then it must be made to guarantee the safety and security of the millions of people living in countries where armed proxies backed by it routinely take the law into their own hands. The West should, at the very least, be able to make progress on this front.
It must also be cognisant of the favourable impact immediate sanctions relief would have on the ability of the Islamic Revolutionary Guard Corps to wage conflict in the Arab world. The IRGC, which is perhaps the most important force in Iran's military apparatus but also a significant player in its political arena, will do everything within its power to ensure that the man to succeed Hassan Rouhani in this year's presidential election is a hardliner. With so-called moderates such as Mr Rouhani and Foreign Minister Mohammad Javad Zarif being squeezed out of Iranian politics, any sanctions relief will only boost the IRGC's power.
The Biden administration has pulled the USS Nimitz carrier strike group out of the Gulf in a sign of potentially easing tensions with Iran. AFP
Moral duty requires that the Biden team working on the Iranian dossier, including National Security Adviser Jake Sullivan and US Envoy for Iran Robert Malley, as well as its European counterparts look at the ground realities and take tough decisions. They should not lose sight of the ripple effects of the regime's presence in the region – whether they are political assassinations allegedly orchestrated by its proxies or a frustrating lack of accountability on the part of Arab politicians who are in Tehran’s pocket.
That the Biden administration has its sights firmly set on Tehran’s operations in the Middle East, including in Yemen, is encouraging. Despite announcing his withdrawal of support for the Saudi-led coalition forces in that country, Mr Biden has acknowledged that Saudi Arabia faces attacks from the Tehran-backed Houthis. He has vowed to continue supporting the Kingdom's right to defend its sovereignty.
The new administration has determined that the Iran crisis is a multi-faceted one and cannot be solved in one go. In other words, what we are likely to see over the next four years is more a marathon than a sprint.
Raghida Dergham is the founder and executive chairwoman of the Beirut Institute and a columnist for The National
Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
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The 12 Syrian entities delisted by UK
Ministry of Interior Ministry of Defence General Intelligence Directorate Air Force Intelligence Agency Political Security Directorate Syrian National Security Bureau Military Intelligence Directorate Army Supply Bureau General Organisation of Radio and TV Al Watan newspaper Cham Press TV Sama TV
The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.
Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.
New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.
“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.
The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.
The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.
Bloomberg
SERIES SCHEDULE
First Test, Galle International Stadium
July 26-30 Second Test, Sinhalese Sports Club Ground
August 3-7 Third Test, Pallekele International Cricket Stadium
August 12-16 First ODI, Rangiri Dambulla International Stadium
August 20 Second ODI, Pallekele International Cricket Stadium
August 24 Third ODI, Pallekele International Cricket Stadium
August 27 Fourth ODI, R Premadasa Stadium
August 31 Fifth ODI, R Premadasa Stadium
September 3 T20, R Premadasa Stadium
September 6
Scoreline:
Barcelona 2
Suarez 85', Messi 86'
Atletico Madrid 0
Red card: Diego Costa 28' (Atletico)
How to wear a kandura
Dos
Wear the right fabric for the right season and occasion
Always ask for the dress code if you don’t know
Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work
Wear 100 per cent cotton under the kandura as most fabrics are polyester
Don’ts
Wear hamdania for work, always wear a ghutra and agal
Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
PRESIDENTS CUP
Draw for Presidents Cup fourball matches on Thursday (Internationals first mention). All times UAE:
02.32am (Thursday): Marc Leishman/Joaquin Niemann v Tiger Woods/Justin Thomas
02.47am (Thursday): Adam Hadwin/Im Sung-jae v Xander Schauffele/Patrick Cantlay
03.02am (Thursday): Adam Scott/An Byeong-hun v Bryson DeChambeau/Tony Finau
03.17am (Thursday): Hideki Matsuyama/CT Pan v Webb Simpson/Patrick Reed
03.32am (Thursday): Abraham Ancer/Louis Oosthuizen v Dustin Johnson/Gary Woodland
UAE currency: the story behind the money in your pockets
Friday: First practice - 1pm; Second practice - 5pm
Saturday: Final practice - 2pm; Qualifying - 5pm
Sunday: Etihad Airways Abu Dhabi Grand Prix (55 laps) - 5.10pm
Five famous companies founded by teens
There are numerous success stories of teen businesses that were created in college dorm rooms and other modest circumstances. Below are some of the most recognisable names in the industry:
Facebook: Mark Zuckerberg and his friends started Facebook when he was a 19-year-old Harvard undergraduate.
Dell: When Michael Dell was an undergraduate student at Texas University in 1984, he started upgrading computers for profit. He starting working full-time on his business when he was 19. Eventually, his company became the Dell Computer Corporation and then Dell Inc.
Subway: Fred DeLuca opened the first Subway restaurant when he was 17. In 1965, Mr DeLuca needed extra money for college, so he decided to open his own business. Peter Buck, a family friend, lent him $1,000 and together, they opened Pete’s Super Submarines. A few years later, the company was rebranded and called Subway.
Mashable: In 2005, Pete Cashmore created Mashable in Scotland when he was a teenager. The site was then a technology blog. Over the next few decades, Mr Cashmore has turned Mashable into a global media company.
Oculus VR: Palmer Luckey founded Oculus VR in June 2012, when he was 19. In August that year, Oculus launched its Kickstarter campaign and raised more than $1 million in three days. Facebook bought Oculus for $2 billion two years later.