US security chief Bolton vows to ‘squeeze’ Iran

US National Security Adviser John Bolton attended a summit in Singapore. (File/AFP)
Updated 13 November 2018
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US security chief Bolton vows to ‘squeeze’ Iran

  • The latest tranche of measures have been touted as the toughest yet, and aim to significantly reduce Iran’s vital oil exports and cut off its banks from international finance
  • IMF has forecast that the sanctions will cause Iran’s economy to contract 1.5 percent this year and 3.6 percent next year

SINGAPORE: US National Security Adviser John Bolton vowed Tuesday to “squeeze” Iran “until the pips squeak,” a week after a tough new round of sanctions came into force.
President Donald Trump has dramatically increased pressure on Tehran, withdrawing from an international agreement aimed at ending its nuclear program and introducing several rounds of unilateral US sanctions.
The latest tranche of measures have been touted as the toughest yet, and aim to significantly reduce Iran’s vital oil exports and cut off its banks from international finance.
Speaking in Singapore ahead of a summit, Bolton said: “We think the government is under real pressure and it’s our intention to squeeze them very hard.
“As the British say, squeeze them until the pips squeak.”
“We are also going to significantly increase the enforcement of sanctions.”
The sanctions have been opposed by other parties to the deal aimed at ending Iran’s nuclear drive — Britain, France, Germany, China and Russia — who have vowed to keep the accord alive.
UN inspectors say Iran is abiding by the agreement.
Washington is demanding that Iran end policies rooted in the 1979 Islamist revolution, including its support for regional proxies such as the Lebanese militia Hezbollah and its development of missiles.
The only support for the US position has come from Iran’s regional rivals, notably Saudi Arabia and Israel.
The International Monetary Fund has forecast that the sanctions will cause Iran’s economy to contract 1.5 percent this year and 3.6 percent next year.


Yemeni PM: Funds from Saudi Arabia, UAE should be managed to achieve intended goals

Updated 17 December 2018
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Yemeni PM: Funds from Saudi Arabia, UAE should be managed to achieve intended goals

  • The prime minister told the Saudi Press Agency that “Yemen has received large funds from Saudi Arabia and the UAE"
  • He also said any upcoming funds in 2019 should focus on supporting the economy and paying as many salaries as possible

JEDDAH: Yemeni Prime Minister Maeen Abdul Malek stressed on the importance of managing funds to Yemen from Saudi Arabia and the UAE to achieve the intended goals.
He said the main challenge facing the Yemeni government lies in its ability to continue paying the salaries of its employees, and “this is what the government is working on through allocating financial funds in this field as it's priority.”
The prime minister told the Saudi Press Agency that “Yemen has received large funds from Saudi Arabia and the UAE, the latest of which was the $500 million supply initiative, stressing the need to coordinate with international organizations working in Yemen to deliver aid.”
He also added that any upcoming funds in 2019 should focus on supporting the economy and paying as many salaries as possible, which will help the budget significantly.
“The challenges that will face Yemenis next year are big. We should not think of aid only, it is also necessary to think about helping the Yemeni economy and protecting it from further deterioration,” he said.
This, he added, also requires guarantees that contribute to the arrival of food aid, as well as looking into the activities and programs related to foreign organizations, with the aim of directing them to the areas in dire need of humanitarian and relief assistance.
The prime minister also pointed to the humanitarian impact that will result from the project of rehabilitation of the Al-Dalea road, which comes within the comprehensive humanitarian operations plan in Yemen and through the Isnad Center for Comprehensive Humanitarian Aid.