Wednesday, 8 March 2023

Will Yemen turn into Syria?

The United States appears to be pursuing a new policy in Yemen by occupying the country’s natural resources. This is evident from the visit of the commander of the US Fifth Fleet and Naval Forces in the US Central Command to the Yemeni governorates of Al-Mahra and Hadhramaut on March 02, 2023.

Yemen has a sufficient amount of oil and natural gas resources for both domestic demand and exports. The US and its Western allies are in dire need of getting their hands on amid shortages in the wake of the Ukraine war.

In his latest speech, the leader of Yemen’s ruling Ansarallah movement, Abdul-Malik al-Houthi, revealed that Washington had established military bases in the provinces of Hadhramaut and al-Mahra in eastern Yemen.

He added that the commander of the US Fifth Fleet, accompanied by an American diplomat, landed at the headquarters of the US-Saudi military coalition base in al-Mahra.

Vice Admiral Brad Cooper and the US ambassador to the Saudi-led government in southern Aden travelled to the city of al-Ghaydah in Mahra governorate, in a flagrant violation of Yemen’s sovereignty.

According to reports the US officials were accompanied by a delegation of top US military officials at al-Ghaydah airport, which has been turned into a military base for American, British and Israeli forces on the Arabian Sea.

They also held talks with the pro-US-Saudi coalition and self-proclaimed governor Mohammed bin Yasser to discuss maritime issues.

It may be recalled that since 2018, the airport has been closed to the people of Mahra and has been occupied by Commander of the Coast Guard with the US-Saudi coalition that has been indiscriminately bombing Yemen since March 2015.

The US military visit came after a meeting held by bin Yasser with the US official in the Saudi capital Riyadh last January, in a bid to carry out new missions for the US forces occupying al-Ghaydah airport, under the pretext of combating smuggling and confronting the potential dangers of terrorism.

The eastern oil-rich Yemeni provinces of Mahra, Hadramout, Shabwa and Marib have recently become the focus of the ambitions of the occupying countries of the US, UK and France, with the aim of controlling the sources of oil and gas.

US and European countries intensified their movements in the eastern provinces of Yemen after the escalation of the conflict in Ukraine last year, and have shown great interest in these regions.

The latest developments come as the West faces oil and gas shortages in the wake of its sanctions on the Russian energy sector following the outbreak of the Ukraine war.

Saudi media have confirmed from sources in the US Department of Defense that Washington has retained two CIA military bases in areas under the control of pro-US-Saudi coalition government, including in the city of Mukalla in Hadhramaut governorate.

While the West is claiming that its presence in the region is aimed to deepen bilateral and multilateral maritime cooperation, the evidence on the ground proves quite the opposite.

Yemen considers the presence of foreign forces on its territory as an occupation, and this leads to the question of the reason behind this exceptional concentration of foreign military bases in the country.

Yemen is facing a scenario similar to what is happening in northeastern Syria, where US has been plundering the country’s oil to the tune of billions of dollars.

Al-Houthi says the US has been working actively to end the talks between Saudi Arabia and Yemen in Oman intended to end the war.

"The US seeks to obstruct the Omani efforts, which is to distance the coalition from any agreement or understanding, and this is totally unacceptable," he said.

Experts say this makes sense as reaching a comprehensive political settlement means an end to the war. And ending the war would require the exit of all foreign forces led by the American and British militaries from the eastern and southern Yemeni coasts.

For this reason and other reasons as well, the US and the UK are working to impede the talks and obstruct reaching any political settlement.

Likewise, Yemen’s geographical location is one of the most important in the West Asian region. It has a large front on the Red Sea and has a large gateway to the Gulf of Oman and the Arabian Sea that extends to other regions. The Gulf is what America needs to build military bases and serve its other sinister goals.

The nature of the relations between the western-occupied regions in Yemen, and between Saudi Arabia and the UAE is important as well. The main point here is that the puppet authority in Yemen does not care about the issue of sovereignty.

If the authority put in place by the US and its regional allies had an independent voice, then there would be no occupation, military and naval bases, blockade or plans to seize the country’s natural resources. 

The existing government is contributing to the violation of Yemen’s territorial integrity and sovereignty.

Analysts have said that the foreign military bases, which have been listed by the leaders of Ansarallah as areas of occupation, will possibly be targeted to create realistic equations.

Others agree that after showing impressive steadfastness in the face of eight years of war, it would be natural for the Yemeni forces to have the ability to target foreign military bases as has been reflected over the years.

With the US putting the brakes on talks in Oman, Sana’a says its military capabilities are growing, and all branches of the armed forces are prepared for the next stage that could open the door to the option of a broad military operation.

All of US President Joe Biden’s boasting about ending support for Saudi military operations in Yemen, and the movement in the US Congress that pushed for an end to military aid to Riyadh has now turned out to be inaccurate, and if anything it was just an effort to deflect the growing global condemnation.

What is happening now in al-Mahra and Hadramout is clear evidence of the ongoing interest of the US in not only its military presence but also the expansion of it, one year after the Ukraine war.  

Analysts have pointed out that Saudi Arabia has practically taken full control of al-Mahra in cooperation with the US and local militias, and there are many reports citing Israeli naval cooperation as well, in addition to the US cooperation with the two parties.

But judging by the past few years, Yemeni forces have proved capable of confronting threats and turning their chants and slogans into extraordinary retaliatory operations.

“The level of our military capabilities has evolved compared to the beginning of the aggression” al-Houthi warned.

"If we look at the situation today as compared to the beginning of the aggression, and to previous years, there is a major difference in the level of Yemeni military capabilities," the leader of the Ansarallah movement explained.

Tuesday, 7 March 2023

National Grid issues warning as UK braces for five days of snow and ice

The National Grid Electrical System Operator has fired up its emergency coal stations as the coldest night of the year so far looms in the UK.

A warning has been issued by the grid as the cold spell this evening could mean more energy is needed to keep Britain's lights on.

The lowest temperature recorded so far this year is -10.4C in Scotland. However, the mercury could drop to -15C in some sheltered Scottish glens.

The National Grid Electrical System Operator (ESO) is responsible for moving electricity around the UK and ensuring that the nation’s energy supply meets national demand.

The Met Office has already issued a yellow warning for snow and ice, with more areas in the Midlands, much of Wales and the southeast, including London, under alert for snow on Tuesday morning as Arctic air sweeps across the country.

The ESO has confirmed that four of its five winter coal units will be warmed today in preparation.

The group said that the notification was “not confirmation” that the unit will be used but it “will be available to the ESO, if required”.

In a message released on Tuesday morning it said, “The ESO has issued an additional notification that we will warm four of our five winter contingency coal units for potential use on Tuesday 07 March.”

It added, “The ESO as a prudent system operator has developed these tools for an additional contingency to operate the network as normal.

“This does not mean electricity supplies are at risk.”

The energy group has also issued an electricity margin notice (EMN) for four hours between 4.30pm to 8.30pm this evening.

The National Grid again noted that this was a routine tool that it used most winters which means that it asks generators to make available any additional generation capacity they may have.

This is due to the heightened demand for energy it expects for this evening. It is the fourth time this winter that the National Grid has issued the notification.

Met Office spokesperson Grahame Madge said colder overnight conditions are set to hit cities this week, with the mercury plunging to -4C in London and -6C in Birmingham and Belfast.

“We expect these conditions to remain in place until at least next weekend and possibly longer because sometimes these conditions can be quite stubborn and not easily subject to change.”

Snow began falling in Northern Scotland on Monday afternoon, and more than 20cm of it could accumulate over high ground in Scotland. More than 5cm is likely to accumulate at lower levels in the northeast of the UK.

And more snow is expected later in the week, with many areas likely to see snow at some point. However, after an extremely cold Tuesday, conditions remain slightly uncertain for Wednesday when a battleground is expected to be set up as milder Atlantic air from the south meets colder Arctic air from the north.

There was warnings that temperatures could drop almost six degrees lower than the coldest last March, when they reached -9.1C in Aboyne, Aberdeenshire.

The all-time low for the UK for March occurred in 1958, when the mercury dropped to -22.8C at Logie Coldstone, Aberdeenshire.

The Met Office warned that travel disruption was likely, and journey times by car, train and bus may take longer than usual. People are at risk of slipping and falling on icy patches of untreated roads, pavements and paths, while some rural communities could become cut off from the power grid and phone services.

 

Monday, 6 March 2023

Pakistan: Sale of petroleum products down 21%YoY

Sales of petroleum products were reported at 1.22 million tons for February 2023, a fall by 16%MoM and 21%YoY. This marks the biggest monthly decline after July 2022, when it went down 26%MoM. The fall can be attributed to significant price hikes in MS and HSD during the last 45 days.

In addition, there were severe fuel shortages at petrol stations in Central Punjab, as talks of price hikes remained rampant throughout the month. This led to dealers choosing to stockpile fuel instead of continuing with normal operations.

The situation was further exacerbated by OMCs which struggled to obtain timely shipments of petroleum products, due to the sharp decline of the PKR during the period. This resulted in delayed L/C clearances and significant exchange losses for the importing entities, ultimately leading them to restrict their supplies to dealers throughout the country.

Finally, lesser working days also contributed to the monthly decline of POL sales during February 2023.

On an 8MFY23 basis, total POL sales remained down by 19%YoY, stuck at 11.69 million tons as against 14.45 million tons for the same period last year.

The decline is largely due to a drop in organic demand, as petroleum sales tend to be closely tied to the overall health of the economy. This is evidenced by a 3.7% decline in LSM activity during 1HFY23, a 7.3%YoY drop in power generation during the 7MFY23, and a 42%YoY decrease in auto sales during the same period.

The ongoing wave of inflationary pressures has also gripped the economy, resulting in consumers choosing to avoid leisurely travel amidst reduced purchasing power.

It is worth mentioning that the prices of both MS and HSD have risen by PKR117 and PKR136 per liter to PKR267 and PKR280 per liter respectively. These prices represent an increase of 78%/94% as against March 2022, in line with the current government's plan to pass on the full cost of supply and levies to consumers.

HASCOL emerged the most resilient amidst the broad based industrial decline as total volumes for the month was reported at 27,000 tons, up by 4%MoM and 5%YoY. This came on the back of HASCOL’s approach to remobilize most of its retail depots by CY22 end, as most closed up due to its dealer network fallout back in CY20. On the retail front (MS, HSD, HOBC), PSO and APL ended the 8MFY23 period with market shares standing at 49.2%/8.5%. Finally, share of smaller players (bottom 25) stood at 6.3% as against 6.6% last month.

With two-thirds of the year behind us – the demand for petroleum products hasn't looked this bad in years since the Covid’19 pandemic struck. Overall, the broad based economic slowdown continues to haunt the sustainability of the sector as risen prices and dampened industrial/commercial activity have kept offtakes under pressure.

Rampant inflationary pressures in the coming quarters alongside a depressed GDP outlook for the remaining months compels the analysts to assume negative volumetric growth for the industry.

 

Israel: Pilots refused to take Netanyahu and his wife to Italy

According to The Jerusalem Post, Israel's national airline El Al pilots left Prime Minister Benjamin Netanyahu and his wife, Sara, high and dry after no one volunteered to fly Israel's first couple out to Rome for a state visit to Italy scheduled later this week.

The deadline of a tender issued by Israel's national airline, as is required when the prime minister is set to depart on a commercial airline, expired at 2:00 pm on Sunday and was met with indifference by El Al pilots and flight attendants, who refused to take up the opportunity.

Later on Sunday evening, El Al announced that it had finally found a crew to fly the Netanyahu couple out to Italy.

In a statement issued following the deadline's passing, El Al said, "The issue of manning the prime minister's flight is yet to be resolved due to a shortage of qualified pilots in our Boeing 777 squadron, among other reasons.”

"We are working to man this flight...in accordance with company procedures, as we have done countless times before," El Al wrote. "Since its establishment, El Al has flown heads of state for important national missions and will continue to do so in the future, as it is required."

As per El Al protocol, the squadron's commissioner is obliged to pilot the prime minister's flight. However, it was unclear where the airline found a cabin crew and a co-pilot as El Al's staff appeared unwilling to fly Netanyahu out.

Netanyahu is expected to fly out on Thursday to meet with Italian Prime Minister Giorgia Meloni, who last publically spoke with her Israeli counterpart in November to send her congratulations for his election victory.

Following reports of the lack of volunteers in El Al, Transportation Minister Miri Regev announced she intends to open the flight tenders to other Israeli airlines such as Arkia and Israir, according to Israeli media.

The refusal by the pilots to man the prime minister's flight joins an earlier statement by 37 out of the 40 reserve pilots in the Israeli Air Force's 69th fighter squadron, who announced they will not attend a pre-scheduled training session this coming Wednesday in protest of the government's judicial reform.

The reserve pilots announced their decision Sunday to the heads of the air force and their squadron commander. Instead of training, they have said they will hold a dialogue regarding the issue under debate outside of government offices.

 

Wilson Center Launches Entrepreneurship Network in Jordan

On Monday, the Wilson Center’s Middle East Program, in partnership with the US Embassy in Amman, launched the Riyada Entrepreneurship Network at the “Entrepreneurship in MENA: The Path Forward” workshop, hosted at Flat6Labs.

In November 2021, the Wilson Center’s Middle East Program launched Riyada, a podcast about entrepreneurship and innovation in the Middle East and North Africa region with funding from the US Embassy in Amman, Jordan.

Today’s workshop celebrates the commitment of emerging as well as established entrepreneurs, especially those who have been part of the podcast, to building a vibrant startup ecosystem, which will provide local disruptors and key stakeholders with a platform to exchange ideas for how we can, together, support inclusive and diverse economic growth.

Featuring 50 interviews of new and seasoned entrepreneurs, venture capitalists, educators, and several stakeholders from across the region’s entrepreneurship ecosystem, the Riyada podcast sought to highlight stories from the field to better understand the challenges and opportunities in MENA’s entrepreneurship landscape, which according to tech investor WAMDA, has “attracted a record-breaking US$3.94 billion in funding in 2022, with the heaviest deal concentration in the UAE, Saudi Arabia, and Egypt.” 

Riyada hosted guests from various countries in MENA including Jordan, Egypt, Iraq, Saudi Arabia, the UAE, Qatar, Tunisia and Lebanon, as well as diaspora communities in Germany and the United States.

“The United States and the American people are proud of our soft power contributions, to include assistance, cultural exchanges, trade and particularly the encouragement of entrepreneurs, the motor of all development, as we are of our contributions to mutual security here in Jordan and throughout the region,” noted Ambassador Jim Jeffrey, Chair of the Wilson Center’s Middle East Program. “We are grateful to the US Embassy in Amman for supporting this Wilson Center initiative,” he added.

The Riyada podcast garnered thousands of listeners from the region, North America, and Europe and included two Jordanian co-hosts along with MEP Director Merissa Khurma, Rajaei Sahouri of the Straight Up Start Up, and Imad Shawa of Howdy Arabia.

“The conversations I had with our guests on Riyada were illuminating, inspiring but also sometimes equally frustrating given the barriers that still exist in many MENA countries; especially amongst women and marginalized communities,” noted Khurma.

She added, “The data we collected from these conversations not only in identifying the barriers to entry and to scale but also regarding possible solutions to address these problems, has deepened our knowledge of the nuances of MENA’s entrepreneurship journey.”

“Co-hosting Riyada with Merissa has been a learning experience and a chance to meet incredible leaders and dive deep into their worlds and sectors. An entrepreneur’s dream! The entire team at the Wilson Center made the process seamless and encouraged the guests to be candid, which made for some deeply insightful conversations,” noted Shawa.

Stefanie Altman-Winans, US Embassy Acting Deputy Chief of Mission, shared her appreciation of the Wilson Center’s efforts, and those of the entrepreneurs joining the event, “Today’s event is the culmination of the wonderful efforts of the Woodrow Wilson International Center for Scholars, the Embassy’s Public Affairs Section, and of course the many contributors and stakeholders from the entrepreneurship ecosystem. Thank you for your continued commitment to inspire the next generation of innovators, disrupters, and game changers. It is because of your collective courage, creativity, resilience, and commitment to build, that the road less traveled is now a road often taken.”

Seatrade Maritime collaborates with DSAA for the development of Dubai shipping industry

Seatrade Maritime and the Dubai Shipping Agents Association (DSAA) have signed a Memorandum of Understanding (MoU), aimed at supporting and promoting shared objectives.

The main objective of the MoU is to advance the growth and development of the shipping industry in the region, by promoting the interests of the shipping agents’ community in Dubai, raising standards in the sector, fostering stronger relationships, increasing cooperation between key stakeholders, and promoting the systematic and orderly training of professionally-qualified personnel. 

As part of the agreement, Seatrade Maritime will provide the DSAA with the status of "Supporting Organization" for the Seatrade Maritime Logistics Middle East conference, the leading regional event for the logistics and maritime industries, scheduled to be held at the Dubai World Trade Centre from 16 to 18 May, 2023.

This will help to promote the work of the DSAA to Seatrade's audience and provide the association with greater exposure to potential clients.

Commenting on the partnership, Nayana Nandkumar, Manager, DSAA said, "We are delighted to partner with Seatrade Maritime. This alliance will enable us to expand our reach and promote our services to the massive audience that connects with Seatrade Maritime. We also look forward to working together to support the growth and development of the maritime industry in Dubai and the wider region. This collaboration demonstrates our dedication to promoting the interests of the Dubai community of shipping agents. To accomplish our common goals, we look forward to working closely with Seatrade Maritime.”

By having shipping agencies represented at significant think tank events; the cooperation with Seatrade Maritime will also help DSAA advance its goals of promoting the shipping sector. Together with the appropriate government agencies, it will help DSAA maintain its efforts to strengthen industry standards.

The alliance will also improve and deepen the connections and teamwork between shipping agents, principals, shippers, customs officials, and other governmental, national, and international trade organizations.

Emma Howell, Middle East Development Director, Informa Markets Maritime & Cruise portfolio said, “DSAA has played a vital role in the development of the maritime industry in Dubai, which is critical to the UAE's economy, and we look forward to supporting their mission through our platform. We believe Seatrade Maritime Logistics Middle East will provide a forum for participants from diverse industrial sectors to network and share ideas, thereby contributing positively to the development of the maritime industry in the region."

"The partnership with DSAA is a testament to Seatrade Maritime's commitment to promoting collaboration and innovation, and ensuring that its events serve as a platform for stakeholders to help in driving the sector forward.”

Chris Morley, Group Director, Seatrade Maritime said, “Seatrade Maritime's partnership with the DSAA is aimed at ensuring that the events we organize, such as the Seatrade Maritime Logistics Middle East conference, are inclusive and cater to the objectives of multiple sub-sectors of the regional maritime community. Our conference will provide a platform for participants from various segments of the industry to interact and exchange ideas. The partnership with DSAA will enhance the value proposition of Seatrade Maritime's events and it will ensure that we remain beneficial to all stakeholders in the maritime industry.”

 

Sunday, 5 March 2023

Pakistan must get ready to import cotton

Cotton arrival in Pakistan decreased 34.5%YoY shows data released by the Pakistan Cotton Ginner’s Association (PCGA). The Government of Pakistan must announce ‘Cotton Import Policy’ at the earliest.

It may be recalled that in the past cotton import was allowed from India, but last minute change in policy causes serious problems for the millers and also plunged export of textiles and clothing from Pakistan.

According to the report, cotton arrival in Pakistan declined to 4.875 million bales as of March 01, 2023 as compared to 7.442 million bales during the same period last year, a fall of 2.567 million bales or 34.5%.

The decline in cotton arrival is attributed to the flash floods in Pakistan, which devastated large swathes of agricultural land in the country, especially in Sindh and Baluchistan.

Cotton is an essential raw material for the country’s textile sector and the situation is alarming for Pakistan’s cash-strapped economy, which is already facing depleting foreign exchange reserves.

As per the PCGA data, cotton arrival reported a steep fall in Sindh. Cotton arrival in the province was reported at 1.879 million bales.

Similarly, cotton arrival in Punjab was reported at 2.996 million bales as compared to 3.929 million bales a year ago.

Industrialists have expressed concern over the ongoing slump in the textile sector. All Pakistan Textile Mills Association (APTMA) has urged the federal government for a level playing field by implementing a uniform gas price of US$7 per MMBtu for the export industry across the country.

APTMA also warned that the decision of the government to suspend the regionally competitive energy tariff (RCET) of electricity for Export Oriented Units (EOUs) will hurt the textile industry, particularly in Punjab.