Iran's navy has been participating in war-games in which it claims a US aircraft carrier entered its manoeuvres zone.
Iran's navy has been participating in war-games in which it claims a US aircraft carrier entered its manoeuvres zone.
Iran's navy has been participating in war-games in which it claims a US aircraft carrier entered its manoeuvres zone.
Iran's navy has been participating in war-games in which it claims a US aircraft carrier entered its manoeuvres zone.

Responding to threats with threats: US-Iran rhetoric over Strait of Hormuz worsens


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TEHRAN // A showdown between Iran and the United States over Tehran's threats to close the Strait of Hormuz to oil tankers worsened with warships from each side giving weight to an increasingly bellicose exchange of words.

Iran's Revolutionary Guards rejected a warning that the US military would "not tolerate" such a closure, saying they would act decisively "to protect our vital interests".

"Any threat will be responded by threat ... We will not relinquish our strategic moves if Iran's vital interests are undermined by any means," said Brigadier General Hossein Salami, a guard commander.

The tough language came as Iran's navy said a US aircraft carrier entered a zone where its ships and aircraft were in the middle of 10 days of war-games designed to be a show of military might.

Iran's navy chief, Admiral Habibollah Sayari, said the US aircraft carrier was monitored by Iranian forces as it passed from the Strait of Hormuz to the Gulf of Oman, according to state television.

The network showed footage of an aircraft carrier being followed by an Iranian plane.

An Iranian navy spokesman, Commodore Mahmoud Mousavi, told the official IRNA news agency the aircraft carrier went "inside the manoeuvre zone" where Iranian ships were conducting their exercises.

He added that the Iranian navy was "prepared, in accordance with international law, to confront offenders who do not respect our security perimeters during the manoeuvres".

Lt Rebecca Rebarich, a spokeswoman for the US 5th Fleet, said the aircraft carrier USS John C Stennis and the guided-missile cruiser USS Mobile Bay headed out from the Gulf and through the Strait of Hormuz on Tuesday, after a visit to Dubai's Jebel Ali port.

She described the passage through the strait as "a pre-planned, routine transit" for the carrier, which is providing air support from the north Arabian Sea to troops in Afghanistan.

Lt Rebarich did not directly address Iranian claims of possessing the reported footage but said the 5th Fleet's "interaction with the regular Iranian navy continues to be within the standards of maritime practice, well known, routine and professional."

The Iranian first vice president, Mohammad Reza Rahimi, warned this week that "not a drop of oil will pass through the Strait of Hormuz" if the West followed through with planned additional sanctions against Iran over its nuclear programme.

A US defence department spokesman replied on Wednesday, saying "interference with the transit ... of vessels through the Strait of Hormuz will not be tolerated".

The United States maintains a navy presence in the Gulf in large part to ensure oil traffic there is unhindered.

Iran, which is already subject to several rounds of sanctions over its nuclear programme, has repeatedly said it could target the Strait of Hormuz if attacked or its economy is strangled.

Such a move could cause havoc on world oil markets, disrupting the fragile global economy.

Its navy manoeuvres included the laying of mines and the use of aerial drones, according to Iranian media. Missiles and torpedoes were to be test fired in coming days.

Analysts and oil market traders were watching the developing situation in and around the Strait of Hormuz carefully, fearing a spark could ignite open confrontation.

The United States had proposed a military hotline between Tehran and Washington to defuse any "miscalculations" that could occur as their navies brush against each other. But Iran in September rejected that offer.

* Agence France-Presse with additional reporting by Associated Press

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Venus Williams - 5 titles (2000, 2001, 2005, 2007 and 2008)

Serena Williams - 7 titles (2002, 2003, 2009, 2010, 2012, 2015 and 2016)

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Director: Goran Hugo Olsson

Rating: 5/5

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

Living in...

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.

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Four reasons global stock markets are falling right now

There are many factors worrying investors right now and triggering a rush out of stock markets. Here are four of the biggest:

1. Rising US interest rates

The US Federal Reserve has increased interest rates three times this year in a bid to prevent its buoyant economy from overheating. They now stand at between 2 and 2.25 per cent and markets are pencilling in three more rises next year.

Kim Catechis, manager of the Legg Mason Martin Currie Global Emerging Markets Fund, says US inflation is rising and the Fed will continue to raise rates in 2019. “With inflationary pressures growing, an increasing number of corporates are guiding profitability expectations downwards for 2018 and 2019, citing the negative impact of rising costs.”

At the same time as rates are rising, central bankers in the US and Europe have been ending quantitative easing, bringing the era of cheap money to an end.

2. Stronger dollar

High US rates have driven up the value of the dollar and bond yields, and this is putting pressure on emerging market countries that took advantage of low interest rates to run up trillions in dollar-denominated debt. They have also suffered capital outflows as international investors have switched to the US, driving markets lower. Omar Negyal, portfolio manager of the JP Morgan Global Emerging Markets Income Trust, says this looks like a buying opportunity. “Despite short-term volatility we remain positive about long-term prospects and profitability for emerging markets.” 

3. Global trade war

Ritu Vohora, investment director at fund manager M&G, says markets fear that US President Donald Trump’s spat with China will escalate into a full-blown global trade war, with both sides suffering. “The US economy is robust enough to absorb higher input costs now, but this may not be the case as tariffs escalate. However, with a host of factors hitting investor sentiment, this is becoming a stock picker’s market.”

4. Eurozone uncertainty

Europe faces two challenges right now in the shape of Brexit and the new populist government in eurozone member Italy.

Chris Beauchamp, chief market analyst at IG, which has offices in Dubai, says the stand-off between between Rome and Brussels threatens to become much more serious. "As with Brexit, neither side appears willing to step back from the edge, threatening more trouble down the line.”

The European economy may also be slowing, Mr Beauchamp warns. “A four-year low in eurozone manufacturing confidence highlights the fact that producers see a bumpy road ahead, with US-EU trade talks remaining a major question-mark for exporters.”

'The worst thing you can eat'

Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.

Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines: 

Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.

Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.

Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.

Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.

Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

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Company name: Nybl 

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Founder: Noor Alnahhas, Michael LeTan, Hafsa Yazdni, Sufyaan Abdul Haseeb, Waleed Rifaat, Mohammed Shono

Based: Dubai, UAE

Sector: Software Technology / Artificial Intelligence

Initial investment: $500,000

Funding round: Series B (raising $5m)

Partners/Incubators: Dubai Future Accelerators Cohort 4, Dubai Future Accelerators Cohort 6, AI Venture Labs Cohort 1, Microsoft Scale-up 

RESULTS

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Winner Canvassed, Par Dobbs (jockey), Doug Watson (trainer)

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Winner Dubai Future, Frankie Dettori, Saeed bin Suroor

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Winner Topper Bill, Richard Mullen, Satish Seemar

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BOSH!'s pantry essentials

Nutritional yeast

This is Firth's pick and an ingredient he says, "gives you an instant cheesy flavour". He advises making your own cream cheese with it or simply using it to whip up a mac and cheese or wholesome lasagne. It's available in organic and specialist grocery stores across the UAE.

Seeds

"We've got a big jar of mixed seeds in our kitchen," Theasby explains. "That's what you use to make a bolognese or pie or salad: just grab a handful of seeds and sprinkle them over the top. It's a really good way to make sure you're getting your omegas."

Umami flavours

"I could say soya sauce, but I'll say all umami-makers and have them in the same batch," says Firth. He suggests having items such as Marmite, balsamic vinegar and other general, dark, umami-tasting products in your cupboard "to make your bolognese a little bit more 'umptious'".

Onions and garlic

"If you've got them, you can cook basically anything from that base," says Theasby. "These ingredients are so prevalent in every world cuisine and if you've got them in your cupboard, then you know you've got the foundation of a really nice meal."

Your grain of choice

Whether rice, quinoa, pasta or buckwheat, Firth advises always having a stock of your favourite grains in the cupboard. "That you, you have an instant meal and all you have to do is just chuck a bit of veg in."

Points to remember
  • Debate the issue, don't attack the person
  • Build the relationship and dialogue by seeking to find common ground
  • Express passion for the issue but be aware of when you're losing control or when there's anger. If there is, pause and take some time out.
  • Listen actively without interrupting
  • Avoid assumptions, seek understanding, ask questions
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Al Wasl means connection in Arabic

World’s largest 360-degree projection surface

UAE currency: the story behind the money in your pockets