Russia scraps European missile plan


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Russia has scrapped plans to site missiles on the European Union's border after President Barack Obama shelved controversial US shield plans in Europe, a deputy defence minister said. "Those countermeasures, which Russia had planned in response to the deployment of US missile shield elements in Europe, will be scrapped," Vladimir Popovkin told Echo of Moscow radio. "One of those measures was the deployment of Iskander missiles in Kaliningrad," he said.

Russia had fiercely opposed the US plan, promoted by Obama's predecessor George W. Bush, to place a radar facility in the Czech Republic and interceptor rockets in Poland. A Kremlin source said on Friday Russia would be compelled to offer compromises in response to the US policy change, amid speculation such responses could include a tougher stance on Iran's contentious nuclear programme. The move to drop threats to deploy short range Iskander missiles in Russia's European exclave of Kaliningrad, announced by a Russian military source on Friday, was Moscow's first concrete response to the US decision.

The initial plan for the Iskander systems near NATO-member state Poland was a "political one" angled at irritating the Western military bloc, Mr Popovkin admitted. "We know that Kaliningrad is surrounded by NATO member states and that, of course, Iskander missiles there would provoke negative reactions from the bloc," he told the radio. The Russian prime minister Vladimir Putin hailed as "correct and brave" Mr Obama's decision to abandon the Star Wars defence shield and voiced hope that it would lead to better US-Russian ties.

Those ties between have been slowly recovering since Mr Obama took over at the White House, promising a "reset" in relations between Moscow and the West. Mr Obama is to meet with his Russian counterpart Dmitry Medvedev on Wednesday on the sidelines of the UN general assembly. So far Moscow has resisted US calls for tougher UN sanctions against Tehran, which the West suspects of working to develop an atomic bomb, and Mr Medvedev denied cutting any "crude" behind-the-scenes deals over the US shield.

Washington, meanwhile, said its decision was based on updated intelligence, and it would replace the Bush-era plan with a sea-based system to focus on the threat of short- and medium-range missiles from Iran. *AFP

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The seven points are:

Shakhbout bin Sultan Street

Dhafeer Street

Hadbat Al Ghubainah Street (outbound)

Salama bint Butti Street

Al Dhafra Street

Rabdan Street

Umm Yifina Street exit (inbound)

 

 

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Countries recognising Palestine

France, UK, Canada, Australia, Portugal, Belgium, Malta, Luxembourg, San Marino and Andorra

 

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Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

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Director:Mike Mills

Stars:Joaquin Phoenix, Gaby Hoffmann, Woody Norman

Rating: 4/5

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It is named after actress and singer Jane Birkin
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If you go

The flights
Emirates (www.emirates.com) and Etihad (www.etihad.com) both fly direct to Bengaluru, with return fares from Dh 1240. From Bengaluru airport, Coorg is a five-hour drive by car.

The hotels
The Tamara (www.thetamara.com) is located inside a working coffee plantation and offers individual villas with sprawling views of the hills (tariff from Dh1,300, including taxes and breakfast).

When to go
Coorg is an all-year destination, with the peak season for travel extending from the cooler months between October and March.

Profile Periscope Media

Founder: Smeetha Ghosh, one co-founder (anonymous)

Launch year: 2020

Employees: four – plans to add another 10 by July 2021

Financing stage: $250,000 bootstrap funding, approaching VC firms this year

Investors: Co-founders

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Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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  1. Mastery of audio-visual content creation. 
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  3. All aspects of post-production.
  4. Emerging technologies and VFX with AI and CGI.
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  6. Tourism industry knowledge.
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FIXTURES

All times UAE ( 4 GMT)

Friday
Saint-Etienne v Montpellier (10.45pm)

Saturday
Monaco v Caen (7pm)
Amiens v Bordeaux (10pm)
Angers v Toulouse (10pm)
Metz v Dijon (10pm)
Nantes v Guingamp (10pm)
Rennes v Lille (10pm)

Sunday
Nice v Strasbourg (5pm)
Troyes v Lyon (7pm)
Marseille v Paris Saint-Germain (11pm)

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Will the pound fall to parity with the dollar?

The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.

Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.

New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.

“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.

The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.

The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.

Bloomberg

 

Company: Instabug

Founded: 2013

Based: Egypt, Cairo

Sector: IT

Employees: 100

Stage: Series A

Investors: Flat6Labs, Accel, Y Combinator and angel investors

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How much do leading UAE’s UK curriculum schools charge for Year 6?
  1. Nord Anglia International School (Dubai) – Dh85,032
  2. Kings School Al Barsha (Dubai) – Dh71,905
  3. Brighton College Abu Dhabi - Dh68,560
  4. Jumeirah English Speaking School (Dubai) – Dh59,728
  5. Gems Wellington International School – Dubai Branch – Dh58,488
  6. The British School Al Khubairat (Abu Dhabi) - Dh54,170
  7. Dubai English Speaking School – Dh51,269

*Annual tuition fees covering the 2024/2025 academic year

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Pari

Produced by: Clean Slate Films (Anushka Sharma, Karnesh Sharma) & KriArj Entertainment

Director: Prosit Roy

Starring: Anushka Sharma, Parambrata Chattopadhyay, Ritabhari Chakraborty, Rajat Kapoor, Mansi Multani

Three stars

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This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.