BEIRUT // Islamist militants captured a small town in northwestern Syria near the Turkish border as part of their offensive in the rugged coastal region that is a bastion of support for President Bashar Al Assad, activists said on Monday.
Fighters from an array of armed opposition groups seized the predominantly Armenian Christian town of Kassab on Sunday. The rebels, including militant from the Al Qaeda-affiliated Al Nusra Front, have also wrested control of a nearby border crossing to Turkey.
The advances, while minor in terms of territory, provided a boost to a beleaguered rebellion that has suffered a string of battlefield losses in recent weeks. Forces loyal to Mr Al Assad have captured several towns near Syria’s border with Lebanon as part of a government drive to sever rebel supply lines across the porous frontier.
Rebels launched their offensive on Friday in Latakia province, which is the ancestral home of Mr Al Assad’s family and a stronghold of his minority Alawite sect, the Shiite offshoot community that is a main pillar of support for his rule. Since then, the fighting has focused around Kassab and the nearby border crossing.
Rami Abdurrahman, the director of the Britain-based Syrian Observatory for Human Rights, said rebels were in control of the centre of Kassab on Monday, but clashes were raging in the hills outside of town.
Government warplanes were conducting air strikes on several positions in the area, including Nabeh Al Murr and the scattering of homes and fields surrounding Kassab, the Observatory said. There was no immediate word on casualties.
A Syrian state reporter speaking on TV from outside Kassab on Monday said the government had captured several Al Nusra fighters, and that the army is determined to take back the ground it has ceded. A pillar of white smoke could be seen rising above the green, forested hills behind the reporter.
In an amateur video posted online, two opposition fighters stand on a rooftop in Kassab and raise their arms in celebration. A checkpoint near the post office, replete with sandbags and oil drums painted like the Syrian flag, sits abandoned. The streets are deserted. The camera pans past the base of a smashed statue that the narrator says was of Mr Al Assad’s late father and Syria’s former leader, Hafez.
Damascus claims the rebels entered Syria from Turkey, and has accused Ankara of pursuing “aggressive policies” toward Syria. On Sunday, Turkey’s military said it shot down a Syrian MiG-23 after it entered Turkey’s airspace. Syria says the jet was flying over Syrian territory when it was hit.
Turkey, a Nato member, is one of the main backers of the 3-year-old rebellion against Mr Al Assad. Ankara allows rebels to use Turkish territory as a logistical and support base, and weapons and fighters move fairly freely across the border into opposition-held parts of northern Syria.
The continuing rebel offensive in Latakia is not the opposition’s first significant incursion in the province.
Last August, a mix of moderate and extremist rebel brigades captured around a dozen villages in the Latakia mountains, before a government counteroffensive expelled them.
Afterward, Human Rights Watch said nearly 200 civilians, including children, the elderly and the handicapped, were killed in the attack. It said rebel abuses during the operation amounted to war crimes.
Now in its fourth year, Syria’s conflict has killed more than 140,000 people, forced more than 2 million people to seek refuge abroad, and triggered a massive humanitarian crisis across the region.
The UN Security Council last month demanded immediate access everywhere in Syria to deliver humanitarian aid to millions of people in need. It also called for an end to sieges of populated areas, and a halt to all attacks against civilians, including indiscriminate shelling and aerial attacks using barrel bombs in populated areas.
In a report released Monday, Human Rights Watch said Mr Al Assad’s government has continued its sweeping aerial campaign against opposition-held areas of the divided city of Aleppo in defiance of the UN resolution.
“New satellite photos and witness accounts show the brutality unleashed on parts of Aleppo,” said Sarah Leah Whitson, Middle East director for the New York-based group. “Use of barrel bombs in residential neighbourhoods has done the expected: killed hundreds of civilians and driven thousands from their homes.”
Barrel bombs are makeshift devices packed with hundreds of kilograms of explosives as well as scraps of metal. Pushed out of the back of helicopters, the crude weapons cause massive damage on effect.
The right group’s report said it used satellite imagery to identify at least 340 places in rebel-controlled areas of Aleppo that were damaged between early November and February 20. The majority of the sites bore signatures of damage consistent with barrel bombs, it said.
Human Rights Watch also called on the Security Council to impose an arms embargo on Syria, including on the purchase or servicing of helicopters. It said such a measure would limit the government’s ability to carry out air strikes.
* Associated Press
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Engine: 3.8-litre twin-turbo flat-six
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Three ways to limit your social media use
Clinical psychologist, Dr Saliha Afridi at The Lighthouse Arabia suggests three easy things you can do every day to cut back on the time you spend online.
1. Put the social media app in a folder on the second or third screen of your phone so it has to remain a conscious decision to open, rather than something your fingers gravitate towards without consideration.
2. Schedule a time to use social media instead of consistently throughout the day. I recommend setting aside certain times of the day or week when you upload pictures or share information.
3. Take a mental snapshot rather than a photo on your phone. Instead of sharing it with your social world, try to absorb the moment, connect with your feeling, experience the moment with all five of your senses. You will have a memory of that moment more vividly and for far longer than if you take a picture of it.
Volvo ES90 Specs
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Price: Exact regional pricing TBA
Analysis
Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more
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AT4 Ultimate, as tested
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Fifa Club World Cup quarter-final
Kashima Antlers 3 (Nagaki 49’, Serginho 69’, Abe 84’)
Guadalajara 2 (Zaldivar 03’, Pulido 90')
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.”
Our legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Europe’s rearming plan
- Suspend strict budget rules to allow member countries to step up defence spending
- Create new "instrument" providing €150 billion of loans to member countries for defence investment
- Use the existing EU budget to direct more funds towards defence-related investment
- Engage the bloc's European Investment Bank to drop limits on lending to defence firms
- Create a savings and investments union to help companies access capital
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2025 Fifa Club World Cup groups
Group A: Palmeiras, Porto, Al Ahly, Inter Miami.
Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.
Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.
Group D: Flamengo, ES Tunis, Chelsea, Leon.
Group E: River Plate, Urawa, Monterrey, Inter Milan.
Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.
Group G: Manchester City, Wydad, Al Ain, Juventus.
Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.
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