Iran's President Mahmoud Ahmadinejad, left, at a summit in Tehran in support of war-torn Gaza and the Palestinian people.
Iran's President Mahmoud Ahmadinejad, left, at a summit in Tehran in support of war-torn Gaza and the Palestinian people.
Iran's President Mahmoud Ahmadinejad, left, at a summit in Tehran in support of war-torn Gaza and the Palestinian people.
Iran's President Mahmoud Ahmadinejad, left, at a summit in Tehran in support of war-torn Gaza and the Palestinian people.

Obama on wrong path, says Iran


  • English
  • Arabic

Iran's supreme leader, Ayatollah Ali Khamenei, has accused Barack Obama of pursuing the same "wrong path" as George W Bush in supporting "the cancerous tumour" Israel. His invective, delivered at the start of a two-day conference in Tehran in aid of Gaza yesterday, was similar to the rhetoric more frequently used by Iran's president, Mahmoud Ahmadinejad, which has done much to heighten international concern over Iran's cherished nuclear programme.

Ayatollah Khamenei's speech underscored the difficulties the new administration in Washington faces in trying to engage with the Islamic republic, given deep differences on such issues as Israel and Iran's nuclear ambitions. Ayatollah Khamenei spoke one day after Hillary Clinton, on her first trip to the Middle East since being appointed US secretary of state, expressed doubt that Tehran would respond positively to overtures from Washington to end three decades of enmity.

Ayatollah Khamenei said Mr Obama, the US president, had spoken of change during his campaign but supported Israel's devastating three-week offensive against Gaza recently in which 1,300 Palestinians, including hundreds of children, and 13 Israelis, were killed. "Even the new president of America, who came to power with slogans about changing Bush's policies, is defending state terrorism by talking about unconditional commitment to Israel's security," Ayatollah Khamenei said.

Mr Obama was not inaugurated as president until Jan 20, two days after the offensive ended. "The only way to save Palestine is resistance," Ayatollah Khamenei added as he issued a rallying cry to Muslims around the world to "join forces and break the immunity of the Zionist criminals". Any attempt to resolve the Palestinian issue through negotiations would be fruitless, he insisted. Mrs Clinton said on Tuesday and again yesterday that the United States will actively pursue a two-state solution and that the movement towards the creation of a Palestinian state was "inescapable".

Iran does not recognise Israel and Ayatollah Khamenei has repeatedly rejected a two-state solution to solve the Israel-Palestinian issue. From the other extreme, Israel's prime minister-designate, Benjamin Netanyahu, is also opposed to a two-state solution that would grant Palestinians their own state. Mrs Clinton's trip to the Middle East has highlighted the interlocking challenges and pressures the Obama administration faces in the region. As well as addressing the core Palestinian issue, Washington is trying to reach out to Tehran while keeping Israel on side. Israel has described Iran's nuclear ambitions as a threat to its existence and has not ruled out attacking Iran's nuclear sites by itself.

"Israel has long been very suspicious of Iran-US negotiations, fearing the US will betray Israel in any deal they might make with the Iranians," said Trita Parsi, president of the National Iranian American Council, which promotes diplomacy to resolve disputes. "But it's a mistake to neglect the possibility a US-Iran dialogue could have for Israel, including the opportunity to change Iran's posture on Israel as a result of improved US-Iran ties," Mr Parsi, the author of Treacherous Alliance, a book on relations between the United States, Iran and Israel, said in an interview.

Israel has indicated that it will go along with Mr Obama's Iran diplomacy, but is expected to strive to shorten the deadline for results by signalling its willingness to attack Iranian nuclear sites if need be. Tehran, however, appears confident that Washington will restrain Israel for fear such any such military action would unleash more chaos in the Middle East. An Israeli attack would upset global oil markets, entangle the United States and its Gulf Arab allies, and pose drastic new challenges to US involvements in Iraq and Afghanistan.

Even so, a senior Iranian military commander boasted yesterday that Iran had missiles that could reach Israeli nuclear sites and that Tehran would respond firmly to any attack. "The doctrine of our system is defensive, but in the case of any action by enemies, including the Zionist regime, we will respond firmly using missiles and deter attacks," Mohammad Ali Jafari, the commander-in-chief of Iran's Revolutionary Guards, declared.

Israeli leaders have drafted a set of "red lines" they want Washington to follow in any dialogue with Tehran, according to Haaretz, an Israeli daily newspaper. Those requirements were to be presented to Mrs Clinton on Tuesday when she met Israeli officials in Jerusalem, where she reassured her hosts that US diplomacy should not be confused with softness and that Washington's support of Israel was "unshakeable".

The United States remains committed to preventing Iran from acquiring nuclear weapons and funding terrorism, she said. The Israeli "red lines" were jointly crafted by Israel's foreign ministry and defence establishment while Mr Netanyahu was briefed on them, Haaretz said. The document recommends that Israel adopt a positive attitude to the planned US-Iranian dialogue, but proposes ways of minimising what Israeli officials see as the inherent risks in such talks, Haaretz said.

The first Israeli stipulation is that any Iran-US dialogue must be accompanied by tougher UN sanctions against the Islamic republic, both within and outside the framework of the UN Security Council. Otherwise, talks were likely to be viewed by Tehran and the international community as acceptance of Iran's nuclear programme - which the Islamic republic insists is solely peaceful in nature. Secondly, the United States must draft an action plan together with the four other permanent members of the UN Security Council - Russia, China, Britain and France - to slap "extremely harsh sanctions" on Iran if talks fail. The negotiations should be defined as a "one-time opportunity" for Tehran and must have a time limit to "prevent Iran from merely buying time to complete its nuclear development".

Lastly, Mrs Clinton would be pressed to divulge precisely what role Dennis Ross, her newly appointed adviser on the Gulf and south-west Asia (code words for Iran) would play. His vague job description, which does not mention Iran by name, has concerned Israeli commentators. "It is widely expected that Ross will focus on the Iranian nuclear issue, but this has not been stated officially," Haaretz said.

Israel, the Middle East's only nuclear-armed state, clearly would like that to be Mr Ross's main concern. A long-time hawk on Iran, which has branded him a "notorious Israel-firster", Mr Ross has consistently recommended mobilising world opinion in favour of very tough additional international sanctions to precede and accompany any diplomatic opening with Iran: a position largely consonant with the "red lines" reported by Haaretz.

It remains to be seen whether such positions eventually will be adopted by the Obama administration, which is currently conducting a high-level policy review on Iran and has promised genuine change in the Tehran-Washington relationship. If those positions are incorporated into new US policy, however, they would ensure the prompt failure of any efforts to draw Tehran into a negotiating process, Iran experts say.

Mr Ahmadinejad, who originally appeared pleased with Mr Obama's election, has had difficulty since in tempering his rhetoric to seize what many ordinary Iranians view as a welcome opportunity to mend fences with the United States. Addressing the Obama administration yesterday, the Iranian president said: "Change means giving up your satanic, coercive and aggressive ways and instead adopting more human morals ? if you accept this invitation, it will be to the benefit of yourself and your nation."

mtheodoulou@thenational.ae

 

 

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

UAE currency: the story behind the money in your pockets
Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

The biog

Favourite pet: cats. She has two: Eva and Bito

Favourite city: Cape Town, South Africa

Hobby: Running. "I like to think I’m artsy but I’m not".

Favourite move: Romantic comedies, specifically Return to me. "I cry every time".

Favourite spot in Abu Dhabi: Saadiyat beach

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Publisher: EA Sports

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

Rating: 3/5

Brief scoreline:

Tottenham 1

Son 78'

Manchester City 0

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 
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  • HR leader: Dh40,000 to Dh60,000 
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  • 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 
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  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

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Tributes from the UAE's personal finance community

• Sebastien Aguilar, who heads SimplyFI.org, a non-profit community where people learn to invest Bogleheads’ style

“It is thanks to Jack Bogle’s work that this community exists and thanks to his work that many investors now get the full benefits of long term, buy and hold stock market investing.

Compared to the industry, investing using the common sense approach of a Boglehead saves a lot in costs and guarantees higher returns than the average actively managed fund over the long term. 

From a personal perspective, learning how to invest using Bogle’s approach was a turning point in my life. I quickly realised there was no point chasing returns and paying expensive advisers or platforms. Once money is taken care off, you can work on what truly matters, such as family, relationships or other projects. I owe Jack Bogle for that.”

• Sam Instone, director of financial advisory firm AES International

"Thought to have saved investors over a trillion dollars, Jack Bogle’s ideas truly changed the way the world invests. Shaped by his own personal experiences, his philosophy and basic rules for investors challenged the status quo of a self-interested global industry and eventually prevailed.  Loathed by many big companies and commission-driven salespeople, he has transformed the way well-informed investors and professional advisers make decisions."

• Demos Kyprianou, a board member of SimplyFI.org

"Jack Bogle for me was a rebel, a revolutionary who changed the industry and gave the little guy like me, a chance. He was also a mentor who inspired me to take the leap and take control of my own finances."

• Steve Cronin, founder of DeadSimpleSaving.com

"Obsessed with reducing fees, Jack Bogle structured Vanguard to be owned by its clients – that way the priority would be fee minimisation for clients rather than profit maximisation for the company.

His real gift to us has been the ability to invest in the stock market (buy and hold for the long term) rather than be forced to speculate (try to make profits in the shorter term) or even worse have others speculate on our behalf.

Bogle has given countless investors the ability to get on with their life while growing their wealth in the background as fast as possible. The Financial Independence movement would barely exist without this."

• Zach Holz, who blogs about financial independence at The Happiest Teacher

"Jack Bogle was one of the greatest forces for wealth democratisation the world has ever seen.  He allowed people a way to be free from the parasitical "financial advisers" whose only real concern are the fat fees they get from selling you over-complicated "products" that have caused millions of people all around the world real harm.”

• Tuan Phan, a board member of SimplyFI.org

"In an industry that’s synonymous with greed, Jack Bogle was a lone wolf, swimming against the tide. When others were incentivised to enrich themselves, he stood by the ‘fiduciary’ standard – something that is badly needed in the financial industry of the UAE."

UAE currency: the story behind the money in your pockets
The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

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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 biog

Born: Kuwait in 1986
Family: She is the youngest of seven siblings
Time in the UAE: 10 years
Hobbies: audiobooks and fitness: she works out every day, enjoying kickboxing and basketball

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