Medvedev: 'Israel is not going to deliver any blows on Iran'


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In an interview with CNN the president of Russia, Dmitry Medvedev, said that during a recent visit to Russia, Israel's President Shimon Peres made a noteworthy statement. "[Mr Peres] said something that is very important for all of us, namely, that Israel is not going to deliver any blows on Iran, that Israel is a peaceful country and will not do it. Therefore any supplies of any weapons, all the more defensive weapons, can not increase tension; on the contrary they should ease it. But if there are people who have such plans, it seems to me that they have to think about it. For this reason, our task is not to strengthen Iran and weaken Israel or visa versa but our task is to ensure a normal, calm situation in the Middle East. I believe that is our task." Mr Medvedev was responding to question about the delivery of the S-300 anti-aircraft and anti-missile system that Russia has agreed to sell Iran. The Russian president's statement comes shortly after Israel's air force commander indicated that Israel would do whatever it can to prevent the system being deployed in any country the IAF "needs to operate or may need to operate in the future." "Israel needs to make every effort to stop the S-300 missile defense system from reaching countries where the air force may need to fly, IAF commander Maj-Gen Ido Nehushtan has told The Jerusalem Post in an exclusive interview. " 'The S-300 is a Russian-made surface-to-air missile system that is very advanced, with long ranges and many capabilities,' Nehushtan told the Post in the interview, which appears in our Friday Magazine. " 'We need to make every effort to stop this system from getting to places where the IAF needs to operate or may need to operate in the future,' he said. "The S-300 is one of the most advanced multi-target anti-aircraft missile systems in the world and has a reported ability to track up to 100 targets simultaneously while engaging up to 12 at the same time. It has a range of about 200 km and can hit targets at altitudes of 90,000 feet. "While Russia and Iran signed a deal for the sale of the system several years ago, according to latest assessments in Israel, it has yet to be delivered." In his interview with CNN, Mr Medvedev was asked whether Russia would support Iran in the event of an Israeli attack. He said: "Russia can not support anybody or act in such situation. We are a peaceful state and we have our own understanding of our defense strategy. This is the first point. "The second point. We have our allies with which we have concluded one or other agreements. In case of Iran we do not have obligations of this kind. But it does not mean that we would like to be or will be impossible before such developments. This is the worst thing that can be imagined. I have already commented on this issue. Let us try together to reason upon it. What will happen after that? Humanitarian disaster, a vast number of refugees, Iran's wish to take revenge and not only upon Israel, to be honest, but upon other countries as well. And absolutely unpredictable development of the situation in the region. I believe that the magnitude of this disaster can be weighted against almost nothing. For this reason before making decision to deliver blows it is necessary to assess the situation. It would be the most unreasonable developments. But my Israeli colleagues told me that they were not planning to act in this way and I trust them." The columnist, Patrick Seale, wrote for Agence Global: "According to most intelligence estimates, Iran is still some years away from military nuclear capability - if indeed it has such an ambition, which it denies. Israel, on the other hand, has had nuclear weapons for more than forty years, as well as increasingly sophisticated means to deliver them. Its nuclear arsenal is estimated conservatively at more than 200 warheads - it may indeed be twice as big - including a second strike capability in the form of nuclear-tipped, submarine-based cruise missiles. "Israel has thus more than ample means to deter an Iranian attack, however grossly improbable such an attack may be. The obvious conclusion is that Israel is not so much concerned by the possibility of an Iranian nuclear attack, but rather that an Iranian bomb could greatly restrict Israel's own freedom of action against its Arab neighbours. Israel's real fear, therefore, would seem to be that the military dominance it now enjoys over the entire region might be eroded, and that it might be forced to accept something in the nature of a balance of power - which it has always fiercely resisted. "Russia's view of Iran is altogether different. Iran is one of Moscow's important commercial and strategic partners. Russia happens to be completing Iran's first nuclear power plant. Russia has firmly opposed imposing further international sanctions on Iran and has welcomed Tehran's offer of talks with the five permanent members of the Security Council and Germany - the so-called 'five plus one'. To Israel's great displeasure, these talks are due to start on 1 October. "Far from destabilising the Middle East - as Israel and France claim - the Russian view is that selling advanced air defence systems to Iran contributes to regional stability by checking Israeli adventurism." The Associated Press reported: "Iran's supreme leader said Sunday that US officials know they are wrongly accusing Iran of seeking to develop nuclear weapons. "In Iran's first official reaction to the US decision to scrap a European missile intercept system to defend against threats from Iran, Ayatollah Ali Khamenei claimed President Barack Obama's administration is following the same policies as its predecessor. " 'The US officials who talk about Iranian missiles and their danger while saying Iran intends to build a nuclear bomb, they know these words are wrong,' Khamenei said in remarks broadcast on state-run radio. 'Despite its apparent friendly messages and words' the Obama administration is pursuing the same policy of Iran-phobia, he said."

pwoodward@thenational.ae

Two-step truce

The UN-brokered ceasefire deal for Hodeidah will be implemented in two stages, with the first to be completed before the New Year begins, according to the Arab Coalition supporting the Yemeni government.

By midnight on December 31, the Houthi rebels will have to withdraw from the ports of Hodeidah, Ras Issa and Al Saqef, coalition officials told The National. 

The second stage will be the complete withdrawal of all pro-government forces and rebels from Hodeidah city, to be completed by midnight on January 7.

The process is to be overseen by a Redeployment Co-ordination Committee (RCC) comprising UN monitors and representatives of the government and the rebels.

The agreement also calls the deployment of UN-supervised neutral forces in the city and the establishment of humanitarian corridors to ensure distribution of aid across the country.

Wicked: For Good

Director: Jon M Chu

Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

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.”

GOLF’S RAHMBO

- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)

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What is type-1 diabetes

Type 1 diabetes is a genetic and unavoidable condition, rather than the lifestyle-related type 2 diabetes.

It occurs mostly in people under 40 and a result of the pancreas failing to produce enough insulin to regulate blood sugars.

Too much or too little blood sugar can result in an attack where sufferers lose consciousness in serious cases.

Being overweight or obese increases the chances of developing the more common type 2 diabetes.

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
Blackpink World Tour [Born Pink] In Cinemas

Starring: Rose, Jisoo, Jennie, Lisa

Directors: Min Geun, Oh Yoon-Dong

Rating: 3/5

Where to buy

Limited-edition art prints of The Sofa Series: Sultani can be acquired from Reem El Mutwalli at www.reemelmutwalli.com

MATCH INFO

Asian Champions League, last 16, first leg:

Al Jazira 3 Persepolis 2

Second leg:

Monday, Azizi Stadium, Tehran. Kick off 7pm

War and the virus
The biog

Favourite hobby: I love to sing but I don’t get to sing as much nowadays sadly.

Favourite book: Anything by Sidney Sheldon.

Favourite movie: The Exorcist 2. It is a big thing in our family to sit around together and watch horror movies, I love watching them.

Favourite holiday destination: The favourite place I have been to is Florence, it is a beautiful city. My dream though has always been to visit Cyprus, I really want to go there.

Some of Darwish's last words

"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008

His life in brief: Born in a village near Galilee, he lived in exile for most of his life and started writing poetry after high school. He was arrested several times by Israel for what were deemed to be inciteful poems. Most of his work focused on the love and yearning for his homeland, and he was regarded the Palestinian poet of resistance. Over the course of his life, he published more than 30 poetry collections and books of prose, with his work translated into more than 20 languages. Many of his poems were set to music by Arab composers, most significantly Marcel Khalife. Darwish died on August 9, 2008 after undergoing heart surgery in the United States. He was later buried in Ramallah where a shrine was erected in his honour.

Moon Music

Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5

The specs: 2018 Mercedes-AMG C63 S Cabriolet

Price, base: Dh429,090

Engine 4.0-litre twin-turbo V8

Transmission Seven-speed automatic

Power 510hp @ 5,500rpm

Torque 700Nm @ 1,750rpm

Fuel economy, combined 9.2L / 100km

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MATCH INFO

Uefa Champions League final:

Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports

THE SPECS

Engine: 3.6-litre V6

Transmission: nine-speed automatic

Power: 310hp

Torque: 366Nm

Price: Dh200,000

If you go

The flights

The closest international airport for those travelling from the UAE is Denver, Colorado. British Airways (www.ba.com) flies from the UAE via London from Dh3,700 return, including taxes. From there, transfers can be arranged to the ranch or it’s a seven-hour drive. Alternatively, take an internal flight to the counties of Cody, Casper, or Billings

The stay

Red Reflet offers a series of packages, with prices varying depending on season. All meals and activities are included, with prices starting from US$2,218 (Dh7,150) per person for a minimum stay of three nights, including taxes. For more information, visit red-reflet-ranch.net.

 

In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
  • Project manager: Dh55,000 to Dh65,000 
  • Senior reservoir engineer: Dh40,000 to Dh55,000 
  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
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Banthology: Stories from Unwanted Nations
Edited by Sarah Cleave, Comma Press