Vessels have been using a temporary corridor for civilian ships in the Black Sea since Russia's withdrawal from the grain deal. EPA
Vessels have been using a temporary corridor for civilian ships in the Black Sea since Russia's withdrawal from the grain deal. EPA
Vessels have been using a temporary corridor for civilian ships in the Black Sea since Russia's withdrawal from the grain deal. EPA
Vessels have been using a temporary corridor for civilian ships in the Black Sea since Russia's withdrawal from the grain deal. EPA

Russia poised to use sea mines to target civilian shipping, UK intelligence warns


Nicky Harley
  • English
  • Arabic

British intelligence has issued a warning to insurers that Russia is poised to use sea mines to target civilian shipping in the Black Sea.

It comes as Russian attacks have already destroyed enough grain to feed more than one million people for a year. On Thursday, the UK released a declassified report warning that Russia would lay blame on Ukraine for any attacks.

The UK has previously warned that the Russian military had attempted a missile strike against a cargo ship in the Black Sea.

It says Russia is seeking to target civilian shipping travelling through Ukraine’s humanitarian corridor in order to deter the export of Ukrainian grain in a bid to continue it’s attempts to pressure the Ukrainian economy.

"Russia’s pernicious targeting of civilian shipping in the Black Sea demonstrates President Putin’s total disregard for civilian lives and the needs of the world’s most vulnerable," Foreign Secretary James Cleverly said. "The world is watching – and we see right through Russia’s cynical attempts to lay blame on Ukraine for their attacks.

"We and our allies stand united against Mr Putin and his attempts to harm Ukraine and thus harm the rest of the world."

The UK has increased support to help the world's poorest to receive grain following Russia’s decision to withdraw from the Black Sea Grain Initiative in July.

The pact had facilitated the safe Black Sea export of grain from Ukraine to the world's poorest countries. "Russia almost certainly wants to avoid openly sinking civilian ships, instead falsely laying blame on Ukraine for any attacks against civilian vessels in the Black Sea," the UK government said.

Russian tactics

"By releasing our assessment of this intelligence, the UK seeks to expose Russia’s tactics to deter any such incident from occurring.

"We are working with Ukraine and other partners to put in place arrangements to improve the safety of shipping. Our advice to British shipping has not changed - the UK’s maritime security level for Ukrainian ports and waters remains at the highest level due to the threat posed by Russia."

A lorry unloads grain in a granary in the village of Zghurivka, Ukraine. AP
A lorry unloads grain in a granary in the village of Zghurivka, Ukraine. AP

It says it has put in place intelligence, surveillance and reconnaissance capabilities to monitor Russian activity in the Black Sea.

"These capabilities will help us to attribute and call out any further Russian attacks on civilian shipping or infrastructure," it said.

"We are committed to ensuring Ukraine can continue to export its agricultural produce through all appropriate routes including its humanitarian corridor, overland and via the Danube.

"The UK will continue to work with Ukraine and a range of international partners to achieve this. At the G20 in September, the Prime Minister announced a further UK contribution of £3m to the World Food Programme to help deliver Ukrainian grain to the world’s poorest, building upon our earlier contributions to President Volodymyr Zelenskyy’s Grain from Ukraine initiative.

"The best way for Russia to address concerns around global food security would be for it withdraw its forces from Ukraine and end the war."

Russia’s latest plans are part of a wider pattern of Russian aggression in the Black Sea which has been escalating since July, it said.

"While the UK and our partners continue to do all we can to ensure Ukraine’s exports reach those who need it most, this pattern of deliberately targeted attacks in the Black Sea by Russia demonstrates President Putin’s willingness to weaponise food and innocent trade at the expense of the rest of the world as they block food from reaching world markets," it said.

400 million people

Since the withdrawal from the Black Sea Grain Initiative, Russia has damaged 130 port infrastructure facilities in Odesa, Chornomorsk and Reni. Almost 300,000 tonnes of grain – more than the total amount Russia promised to donate to African states, and enough to feed over 1.3 million people for a year - has been destroyed.

Before Russia’s invasion, Ukraine was feeding 400 million people worldwide and accounted for 8 to 10 per cent of global wheat exports and 10 to 12 per cent of corn and barley exports.

Ukraine provided over 50 per cent of the wheat for the World Food Programme (WFP) in 2022, the UK warns that without the Black Sea Grain Initiative, the WFP will have to replace it with more expensive or lower quality wheat.

Russia withdrew from the grain agreement in July citing the UN's non-compliance with provisions aimed at easing it's exports of agricultural products and fertiliser.

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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%3Cp%3E%3Cstrong%3EDirector%3C%2Fstrong%3E%3A%20Quentin%20Tarantino%3Cbr%3E%3Cstrong%3EStars%3C%2Fstrong%3E%3A%20Uma%20Thurman%2C%20David%20Carradine%20and%20Michael%20Madsen%3Cbr%3E%3Cstrong%3ERating%3C%2Fstrong%3E%3A%204.5%2F5%3C%2Fp%3E%0A
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

Updated: October 05, 2023, 8:28 AM