A rebel fighter stands guard near a destroyed vehicle on the outskirts of Brega, Libya, yesterday.
A rebel fighter stands guard near a destroyed vehicle on the outskirts of Brega, Libya, yesterday.

UN Security Council in crisis meeting over Libyan conflict



NEW YORK // The search for a diplomatic solution to the conflict in Libya appeared stalled yesterday as coalition powers seeking to enforce the UN-sanctioned no-fly zone considered the case for arming insurgent forces fighting Col Muammar Qaddafi's better-equipped troops.

The UN Security Council, which authorised military action against the regime, was scheduled to debate the crisis again late last night after hearing a first-hand report from its special envoy to Libya, Abdelilah al Khatib.

Mr al Khatib spoke to rival leaders in Tripoli and rebel-held Benghazi against a background of scepticism that air strikes alone would force Col Qaddafi out of office. There was also concern about the rising human cost of the conflict.

Britain said yesterday that it would send telecommunications equipment to insurgents to help them withstand attacks by government forces. William Hague, the British foreign secretary, described the supplies as "non-lethal equipment which will help with the protection of civilian lives and the delivery of humanitarian aid".

Any plan to arm the rebels, who have struggled to counter Col Qaddafi's military muscle, would probably run into further opposition from Russia and China, which abstained in the first vote on the resolution.

Earlier, Libya's former colonial ruler, Italy, became the latest country to give formal diplomatic support to the rebels, announcing that it was following the lead of France and Qatar in recognising the national transitional council as Libya's only legitimate governing body.

The Italian foreign minister, Franco Frattini, dismissed attempts by the Qaddafi regime to open diplomatic channels in talks between Abdul-Ati al Obeidi, Libya's deputy foreign minister, and political leaders in Greece, Turkey and Malta.

Mr Frattini said after meeting the rebel council's foreign envoy, Ali al Essawi, that the only way to resolve the conflict was for Col Qaddafi to stand down and leave the country.

That message is thought to have been underlined in a telephone conversation between the British prime minister, David Cameron, and his Greek counterpart, George Papandreou.

The Italian minister's comments also ruled out any prospect of success for reported attempts by two or more of Col Qaddafi's sons to broker a negotiated settlement that would leave them in charge.

"Any solution for the future of Libya has a precondition: that Qaddafi's regime leaves ... that Qaddafi himself and the family leave the country," Mr Frattini said.

Mr al Obeida's statement, made on the Greek leg of his mission, that the regime was seeking an agreement with Britain, France and the US was "not credible" because it failed to deal with that precondition, he added.

The New York Times had reported that Saif al Islam Qaddafi and his brother Saadi could act as interim leaders if their father stepped aside. Rebel leaders were quoted yesterday as rejecting the suggestion outright.

As the UN prepared to receive its envoy's report, coinciding with yesterday's expiry of the extended deadline for US involvement in the air strikes, coalition states were pondering how the insurgents could be helped in trying to gain an upper hand against regime forces.

The UN resolution permitted "all necessary measures" to protect Libya's civilian population, but ruled out any occupation.

From the outset, some military analysts have argued that the wording of the resolution gave something approaching total flexibility to nations opposed to the regime's suppression of the rebels. But the coalition is under no illusion about the diplomatic risks of any widening of the military operation's aims and means.

While unanimous in imposing an arms embargo and sanctions, the 15-nation Security Council passed the resolution endorsing military intervention with five abstentions. Russia and China, each possessing the right to veto, have openly criticised the alliance of western and Arab nations behind the action against the Qaddafi regime.

As loyalist forces have repelled the rebel advance, the US, Britain and France have suggested arming the rebels, an ill-equipped mix of protesters and renegade soldiers who lack the experience, command structure and military hardware of Col Qaddafi's forces.

The US secretary of state, Hillary Clinton, has said there "could be a legitimate transfer of arms" into Libya - despite a UN embargo that prohibits moving weapons into the North African oil producer - if such a move would ultimately save civilian lives.

The US has reportedly sent in small CIA units to contact rebel leaders, but arming insurgents remains a divisive topic within the council and has been rejected by Portugal's UN ambassador, Jose Filipe Moraes Cabral, who chairs the Libyan sanctions committee.

Nestor Osorio, the UN ambassador for Colombia, which holds the Security Council's rotating presidency this month, said there were "different interpretations" of whether the arms embargo prohibited arming Libya's rebels and that the debate had yet to play out in the Manhattan-based chamber.

A senior UN diplomat said arming rebels needed a "clear legal basis" and warned against "embarking on a tricky route" of sending weapons without first having a "thorough sense" of the political forces that shape the insurgency. Analysts refer back to US support for rebels fighting Russian forces in Afghanistan who later formed al Qa'eda.

Reports from areas where rival forces are fighting for control of Libyan cities are mixed, but it is clear Qaddafi forces have made ground in key locations.

Government troops have besieged the city of Misurata, witnesses to the fighting reporting widespread death and injury caused by days of shelling from tanks and artillery.

One doctor said Qaddafi troops were in control of the port and a major street, while rebels held the centre of the city.

The humanitarian crisis continues to grow as residents clamour to leave the city. A Turkish ship picked up about 250 wounded people under the protection of Turkish warplanes was forced to leave hurriedly when thousands pressed forward on the dock.

Libya denies targeting civilians in the city and says it has attacked only "armed gangs" it claims are linked to al Qa'eda.

* Additional reporting by Reuters and the Associated Press.

Dengue fever symptoms

High fever (40°C/104°F)
Severe headache
Pain behind the eyes
Muscle and joint pains
Nausea
Vomiting
Swollen glands
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Company Profile

Name: HyveGeo
Started: 2023
Founders: Abdulaziz bin Redha, Dr Samsurin Welch, Eva Morales and Dr Harjit Singh
Based: Cambridge and Dubai
Number of employees: 8
Industry: Sustainability & Environment
Funding: $200,000 plus undisclosed grant
Investors: Venture capital and government

The struggle is on for active managers

David Einhorn closed out 2018 with his biggest annual loss ever for the 22-year-old Greenlight Capital.

The firm’s main hedge fund fell 9 per cent in December, extending this year’s decline to 34 percent, according to an investor update viewed by Bloomberg.

Greenlight posted some of the industry’s best returns in its early years, but has stumbled since losing more than 20 per cent in 2015.

Other value-investing managers have also struggled, as a decade of historically low interest rates and the rise of passive investing and quant trading pushed growth stocks past their inexpensive brethren. Three Bays Capital and SPO Partners & Co., which sought to make wagers on undervalued stocks, closed in 2018. Mr Einhorn has repeatedly expressed his frustration with the poor performance this year, while remaining steadfast in his commitment to value investing.

Greenlight, which posted gains only in May and October, underperformed both the broader market and its peers in 2018. The S&P 500 Index dropped 4.4 per cent, including dividends, while the HFRX Global Hedge Fund Index, an early indicator of industry performance, fell 7 per cent through December. 28.

At the start of the year, Greenlight managed $6.3 billion in assets, according to a regulatory filing. By May, the firm was down to $5.5bn. 

Saturday's results

Brighton 1-1 Leicester City
Everton 1-0 Cardiff City
Manchester United 0-0 Crystal Palace
Watford 0-3 Liverpool
West Ham United 0-4 Manchester City

RACECARD

4.30pm Jebel Jais – Maiden (PA) Dh60,000 (Turf) 1,000m
5pm: Jabel Faya – Maiden (PA) Dh60,000 (T) 1,000m
5.30pm: Al Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 2,200m
6pm: The President’s Cup Prep – Conditions (PA) Dh100,000 (T) 2,200m
6.30pm: Abu Dhabi Equestrian Club – Prestige (PA) Dh125,000 (T) 1,600m
7pm: Al Ruwais – Group 3 (PA) Dh300,000 (T) 1,200m
7.30pm: Jebel Hafeet – Maiden (TB) Dh80,000 (T) 1,400m

Company Profile

Company name: Namara
Started: June 2022
Founder: Mohammed Alnamara
Based: Dubai
Sector: Microfinance
Current number of staff: 16
Investment stage: Series A
Investors: Family offices

Name: Brendalle Belaza

From: Crossing Rubber, Philippines

Arrived in the UAE: 2007

Favourite place in Abu Dhabi: NYUAD campus

Favourite photography style: Street photography

Favourite book: Harry Potter

LA LIGA FIXTURES

Thursday (All UAE kick-off times)

Sevilla v Real Betis (midnight)

Friday

Granada v Real Betis (9.30pm)

Valencia v Levante (midnight)

Saturday

Espanyol v Alaves (4pm)

Celta Vigo v Villarreal (7pm)

Leganes v Real Valladolid (9.30pm)

Mallorca v Barcelona (midnight)

Sunday

Atletic Bilbao v Atletico Madrid (4pm)

Real Madrid v Eibar (9.30pm)

Real Sociedad v Osasuna (midnight)

RESULTS

4pm: Al Bastakiya Listed US$250,000 (Dirt) 1,900m
Winner: Yulong Warrior, Richard Mullen (jockey), Satish Seemar (trainer)

4.35pm: Mahab Al Shimaal Group 3 $200,000 (D) 1,200m
Winner: Jordan Sport, Adrie de Vries, Fawzi Nass

5.10pm: Nad Al Sheba Conditions $200,000 (Turf) 1,200m
Winner: Jungle Cat, William Buick, Charlie Appleby

5.45pm: Burj Nahaar Group 3 $200,000 (D) 1,600m
Winner: Kimbear, Patrick Dobbs, Doug Watson

6.20pm: Jebel Hatta Group 1 $300,000 (T) 1,800m
Winner: Blair House, James Doyle, Charlie Appleby

6.55pm: Al Maktoum Challenge Round-3 Group 1 $400,000 (D) 2,000m
Winner: North America, Richard Mullen, Satish Seemar

7.30pm: Dubai City of Gold Group 2 $250,000 (T) 2,410m
Winner: Hawkbill, William Buick, Charlie Appleby.

The specs

Engine: Single front-axle electric motor
Power: 218hp
Torque: 330Nm
Transmission: Single-speed automatic
Max touring range: 402km (claimed)
Price: From Dh215,000 (estimate)
On sale: September

Results

Stage 7:
1. Adam Yates (GBR) UAE Team Emirates – 3hrs 29min 42ses
2. Remco Evenepoel (BEL) Soudal Quick-Step – 10sec
3. Geoffrey Bouchard (FRA) AG2R Citroen Team – 42sec
General Classification:
1. Remco Evenepoel (BEL) Soudal Quick-Step
2. Lucas Plapp (AUS) Ineos Grenaders – 59se
3. Adam Yates (GBR) UAE Team Emirates –60sec
Red Jersey (General Classification): Remco Evenepoel (BEL) Soudal Quick-Step
Green Jersey (Points Classification): Tim Merlier (BEL) Soudal Quick-Step
White Jersey (Young Rider Classification): Remco Evenepoel (BEL) Soudal Quick-Step
Black Jersey (Intermediate Sprint Classification): Edward Planckaert (FRA) Alpecin-Deceuninck

Honeymoonish

Director: Elie El Samaan

Starring: Nour Al Ghandour, Mahmoud Boushahri

Rating: 3/5

Specs: 2024 McLaren Artura Spider

Engine: 3.0-litre twin-turbo V6 and electric motor
Max power: 700hp at 7,500rpm
Max torque: 720Nm at 2,250rpm
Transmission: Eight-speed dual-clutch auto
0-100km/h: 3.0sec
Top speed: 330kph
Price: From Dh1.14 million ($311,000)
On sale: Now

MATCH RESULT

Liverpool 4 Brighton and Hove Albion 0
Liverpool: 
Salah (26'), Lovren (40'), Solanke (53'), Robertson (85')    

A Little to the Left

Developer: Max Inferno
Consoles: PC, Mac, Nintendo Switch
Rating: 4/5

COMPANY PROFILE

Company name: Almouneer
Started: 2017
Founders: Dr Noha Khater and Rania Kadry
Based: Egypt
Number of staff: 120
Investment: Bootstrapped, with support from Insead and Egyptian government, seed round of
$3.6 million led by Global Ventures

The specs: 2018 Ducati SuperSport S

Price, base / as tested: Dh74,900 / Dh85,900

Engine: 937cc

Transmission: Six-speed gearbox

Power: 110hp @ 9,000rpm

Torque: 93Nm @ 6,500rpm

Fuel economy, combined: 5.9L / 100km