Hillary Clinton speaks about the Ukraine crisis virtually at the Forbes 30/50 forum in Abu Dhabi. Victor Besa / The National
Hillary Clinton speaks about the Ukraine crisis virtually at the Forbes 30/50 forum in Abu Dhabi. Victor Besa / The National
Hillary Clinton speaks about the Ukraine crisis virtually at the Forbes 30/50 forum in Abu Dhabi. Victor Besa / The National
Hillary Clinton speaks about the Ukraine crisis virtually at the Forbes 30/50 forum in Abu Dhabi. Victor Besa / The National

Hillary Clinton urges world leaders to hit Russia with oil and gas sanctions


Kelly Clarke
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Hillary Clinton has called on world leaders to put a full embargo on Russian oil and gas exports as the civilian death toll in Ukraine continues to rise.

Speaking at the Forbes 30/50 Summit in Abu Dhabi, the former US secretary of state said blocking the country’s energy exports would be the ultimate step in escalating the sanctions campaign imposed by the West.

Her call to action came on the same day that Russia threatened to cut off gas supplies to Europe over the war in Ukraine.

For a lot of reasons we should be sanctioning the gas and oil coming out of Russia. It's going to affect their economy, but it's also going to send a message that we're not afraid to do that
Hillary Clinton,
former US secretary of state

In response to a question about the climate crisis, Ms Clinton, who spoke via a live video link from the US, pushed for countries to target Russia’s most powerful weapon in their arsenal — its oil and gas.

“We have to look carefully at the decisions that are being made that sometimes might not look directly related to the climate crisis, but are, which is why I think, for a lot of reasons, we should be sanctioning the gas and oil coming out of Russia.

“It's going to affect their economy, but it's also going to send a message that we're not afraid to do that. And we need to do more to limit fossil fuels anyway.”

Russia-Ukraine war: in pictures

On receiving the International Women’s Day Lifetime Achievement Award by Forbes on Tuesday, Ms Clinton criticised Russia’s limited ceasefire that was announced on Monday.

Despite the promise that several humanitarian corridors could be opened for civilians to escape, Moscow suggested it would allow people to flee Ukrainian cities only if they went to Belarus or Russia.

“Quite frankly, [these were] corridors into Russia, which is not safe for Ukrainians,” she said.

“But there is a concerted effort by governments, particularly Nato governments, both to provide weapons and aid [to Ukraine].

“And there is a very large and growing charitable philanthropic effort also to provide humanitarian aid.”

Urging the world to support the brave Ukrainians fighting for their country, Ms Clinton said they were standing up for “their freedom, democracy and your rights”.

“This is not going to end quickly. Ukrainians have taken a stand and [this] is going to drag on, and it's going to be radically brutal on the part of Russians,” she said.

“I hope people will continue to pay attention to the news coverage. Understand Ukrainians are, I would argue, fighting for all of us, fighting for values that we hold dear.

“This is a very serious time for the world.”

International Women's Day

During the summit, Ms Clinton also honoured two women who have spent their lives fighting for women’s rights in Afghanistan.

Naheed Farid, a former member of the Afghanistan parliament and Zarifa Ghafari, a human-rights activist, were both awarded the Forbes 30/50 Changemaker Award.

At just 27, Ms Farid became Afghanistan’s youngest ever parliamentarian. In the 11 years she served in the assembly, she helped advance the cause for women’s rights and supported economic development projects.

Huma Abedin, advisor to Hillary Clinton, hands the Forbes 30/50 Changemaker Award to Naheed Farid, left, and Zarifa Ghafari. Victor Besa / The National
Huma Abedin, advisor to Hillary Clinton, hands the Forbes 30/50 Changemaker Award to Naheed Farid, left, and Zarifa Ghafari. Victor Besa / The National

“When the Taliban regained control of Afghanistan [last year], Naheed fled the country with her three young children, but she continues to use her voice to advocate for inclusive Afghan government, for girls' education and for the hard-fought rights for women and girls,” said Ms Clinton.

The second winner, Ms Ghafari, grew up under Taliban rule and was appointed mayor of Maidan Shahr, a city near Kabul, making her Afghanistan’s youngest mayor in history.

“From her first day in office she faced harassment, death threats and even the assassination of her father,” said Ms Clinton.

“Last week she returned to Afghanistan to continue advocating for women’s right at great personal risk.

“I know I speak for everyone in saying we honour her leadership and courage.

“At a time when women's rights and security around the world are under siege, both Naheed and Zarifa remain committed to advancing prosperity, opportunity and dignity for all women in Afghanistan and beyond.”

UAE currency: the story behind the money in your pockets
EA Sports FC 26

Publisher: EA Sports

Consoles: PC, PlayStation 4/5, Xbox Series X/S

Rating: 3/5

The alternatives

• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.

• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.

• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.

2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.

• PayPal is probably the best-known online goods payment method - usually used for eBay purchases -  but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

The Birkin bag is made by Hermès. 
It is named after actress and singer Jane Birkin
Noone from Hermès will go on record to say how much a new Birkin costs, how long one would have to wait to get one, and how many bags are actually made each year.

The biog

First Job: Abu Dhabi Department of Petroleum in 1974  
Current role: Chairperson of Al Maskari Holding since 2008
Career high: Regularly cited on Forbes list of 100 most powerful Arab Businesswomen
Achievement: Helped establish Al Maskari Medical Centre in 1969 in Abu Dhabi’s Western Region
Future plan: Will now concentrate on her charitable work

In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

Brief scoreline:

Wolves 3

Neves 28', Doherty 37', Jota 45' 2

Arsenal 1

Papastathopoulos 80'

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UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
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Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5

Updated: March 08, 2022, 10:43 AM