A Houthi militant stands guard in front of a building damaged during recent clashes near the presidential palace in Sanaa on January 20. Hani Mohammed / AP Photo
A Houthi militant stands guard in front of a building damaged during recent clashes near the presidential palace in Sanaa on January 20. Hani Mohammed / AP Photo

Yemen on the brink as president fights to survive Houthi power bid



SANAA // Houthi militiamen on Tuesday shelled the residence of Yemen’s president, Abdrabu Mansur Hadi, and occupied the presidential palace after clashes with guards.

The moves came after a ceasefire declared on Monday between government forces and the Houthis broke down amid the greatest political unrest in Yemen since Arab Spring protests in 2011.

With the attack on his residence subsiding late in the evening, Mr Hadi was left negotiating for his political survival, even after previous talks failed to resolve a bitter impasse over the country’s new constitution.

“It’s a new era in Yemen and presidents will continue to fall until they understand the role [Houthi leader AbdulMalik] Al Houthi must have,” said Abdullah Shaban, a Houthi chief.

On Monday, Houthi militiamen expanded their control over the capital to areas around the presidential palace following clashes with government troops. During the ceasefire, they resupplied and set up additional checkpoints throughout Sanna. On Tuesday morning, the city streets were quiet, but tense, with most residents remaining indoors.

Yet, by the late afternoon, negotiations with the government collapsed and the Houthis resumed attacks, quickly entering the presidential palace and shelling Mr Hadi’s residence, where the president was said to be holed up.

While the Houthis have not formally asked Mr Hadi to relinquish power, the attacks — which government troops were unable to counter — were meant to assert their position as the true powerholders in Yemen.

The Houthis emerged as the dominant force in Yemeni politics after seizing most of Sanaa last September.

The group’s leader, AbdulMalik Al Houthi, is believed to prefer ruling indirectly, by exerting influence rather than holding political office, seeking to emulate a leadership style similar to that of Iran’s Ayatollah Ali Khamenei.

Following the Houthis’ initial takeover of the capital, Mr Hadi stayed on as president, but the group made frequent public displays of their power.

In October, they rejected Mr Hadi’s choice for a new prime minister in favour of an independent candidate agreed upon by all sides.

The group also created armed “resistance committees” that were stationed at the central bank, transportation hubs, and key government ministries. Loyalists were appointed to senior government positions, including as advisers to Mr Hadi.

The breaking point appeared to come last week when the government moved forward with a draft constitution that saw Yemen divided into a six-region federation.

The Houthis want the country to become a two-region federation and accused Mr Hadi of imposing his own agenda on the country.

Last Saturday, they abducted Mr Hadi's chief of staff, Ahmed Awad bin Mubarak, a key backer of the six-region constitution. After Mr Hadi refused to give into their demands and oil production was stopped in a key province to protest the kidnapping, Houthi militiamen poured into Sanaa and battled government forces.

Along with disagreements over the constitution, the Houthis also fell out with Mr Hadi over his partnership with foreign powers such as the United States.

“Yemen needs a ruler that puts Yemen first and is not affiliated with foreign powers,” said Zakaria Al Shami, a Houthi leader who was appointed deputy commander in chief of Yemen’s Armed Forces one month ago.

“It needs an army that is independent and works for its people. Any candidate for power who violates these vital points will be ousted.”

Mr Hadi’s government worked with the US to counter Al Qaeda in the Arabian Peninsula (AQAP), which has plotted to carry out attacks on foreign targets from bases in Yemen’s south and east.

“President Hadi’s actions this week were the result of advice he took from regional powers who don’t want the best for Yemen. These regional countries seek to damage Yemen completely,” said Mr Al Shami.

While the Houthis have battled Al Qaeda militants as they expanded into provinces south of Sanaa, the group claims to see the US as the greater enemy.

“Six US surveillance planes were flying above Sanaa while forces clashed. Allowing this is one reason president Hadi must leave power,” said Osama Sari, a senior Houthi official.

As the Houthis launched their rapid offensive last year, some of Mr Hadi's advisers alleged they were aided by former president Ali Abdullah Saleh, who was ousted following mass demonstrations in 2011. Mr Saleh was said to retain influence among some military commanders who chose not to confront the Houthis.

There are suspicions that Mr Saleh may be plotting a return to power, either for himself or his son. However, Houthi officials said that while Mr Saleh is a political ally, their agenda does not involve him.

For the moment, Yemen does not appear to have any political candidates who are sufficiently unifying to stabilise the country.

Elections are scheduled this year for the presidency and house of representatives, but the Houthis are likely to try and seek influence over candidates from behind the scenes.

Members of established political parties in Sanna are now concerned that unchecked Houthi power could spell the end for democracy in Yemen.

Abdullah Noman, Secretary General of the Nasserist Unionist People’s Organisation said the government is to blame for the Houthi success.

“Houthis are in control of everything in Yemen and that is because no one stood up to them. They will lead the country into chaos,” said Mr Noman.

foreign.desk@thenational.ae

* with additional reporting by Associated Press

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In the 2015 elections, 78 of the 252 candidates were women. Women also represented 48 per cent of all voters and 67 per cent of the voters were under the age of 40.
 

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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.

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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.

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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.”

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Important questions to consider

1. Where on the plane does my pet travel?

There are different types of travel available for pets:

  • Manifest cargo
  • Excess luggage in the hold
  • Excess luggage in the cabin

Each option is safe. The feasibility of each option is based on the size and breed of your pet, the airline they are traveling on and country they are travelling to.

 

2. What is the difference between my pet traveling as manifest cargo or as excess luggage?

If traveling as manifest cargo, your pet is traveling in the front hold of the plane and can travel with or without you being on the same plane. The cost of your pets travel is based on volumetric weight, in other words, the size of their travel crate.

If traveling as excess luggage, your pet will be in the rear hold of the plane and must be traveling under the ticket of a human passenger. The cost of your pets travel is based on the actual (combined) weight of your pet in their crate.

 

3. What happens when my pet arrives in the country they are traveling to?

As soon as the flight arrives, your pet will be taken from the plane straight to the airport terminal.

If your pet is traveling as excess luggage, they will taken to the oversized luggage area in the arrival hall. Once you clear passport control, you will be able to collect them at the same time as your normal luggage. As you exit the airport via the ‘something to declare’ customs channel you will be asked to present your pets travel paperwork to the customs official and / or the vet on duty. 

If your pet is traveling as manifest cargo, they will be taken to the Animal Reception Centre. There, their documentation will be reviewed by the staff of the ARC to ensure all is in order. At the same time, relevant customs formalities will be completed by staff based at the arriving airport. 

 

4. How long does the travel paperwork and other travel preparations take?

This depends entirely on the location that your pet is traveling to. Your pet relocation compnay will provide you with an accurate timeline of how long the relevant preparations will take and at what point in the process the various steps must be taken.

In some cases they can get your pet ‘travel ready’ in a few days. In others it can be up to six months or more.

 

5. What vaccinations does my pet need to travel?

Regardless of where your pet is traveling, they will need certain vaccinations. The exact vaccinations they need are entirely dependent on the location they are traveling to. The one vaccination that is mandatory for every country your pet may travel to is a rabies vaccination.

Other vaccinations may also be necessary. These will be advised to you as relevant. In every situation, it is essential to keep your vaccinations current and to not miss a due date, even by one day. To do so could severely hinder your pets travel plans.

Source: Pawsome Pets UAE