Yara's Feed
Jul 21, 2014

Yemen struggles towards fuel price reform as finances crumble

SANAA/DUBAI, July 21 (Reuters) – A clampdown on state
spending was an effort by Yemen’s government this month to win
public support before its biggest economic reform in years:
higher fuel prices. But an angry public may not be won over.

In the capital Sanaa, where roads to petrol stations have
been choked for months by queues of cars waiting for scarce fuel
supplies, the frustration is palpable.

Jul 9, 2014

Bahrain questions opposition leader after expelling U.S. diplomat

DUBAI (Reuters) – Bahrain interrogated its top opposition leader on Wednesday after expelling a senior U.S. diplomat for meeting him, a remarkable slap at Washington from the ally that hosts the U.S. Navy’s Middle East fleet.

U.S. Assistant Secretary of State for Democracy, Human Rights and Labor Tom Malinowski left Bahrain late on Tuesday, the U.S. embassy said, after the foreign ministry ordered him out because he had “intervened flagrantly” in the country’s internal affairs by “holding meetings with one party”.

Jul 8, 2014

In al Qaeda camp, notes on an Islamic caliphate

AL-MAHFAD, Yemen, (Reuters) – At first glance, the neat handwriting in blue ink could be from a school notebook.

Prise apart the pages – stuck together by sand and water – and it becomes clear that the book belonged to a militant from al Qaeda. Discarded in shrubbery in the mountains of southern Yemen, it covers everything from the principles of a raid – “Surprise, firepower, a sacrificial spirit, quick performance” – to the ultimate goal: “Establishing an Islamic state that rules by Islamic Sharia law.”

Jul 1, 2014

Self-proclaimed Iraq ‘caliph’ incites Muslims to holy war

DUBAI (Reuters) – The leader of the al Qaeda offshoot now calling itself the Islamic State has called on Muslims worldwide to take up arms and flock to the ‘caliphate’ it has declared on captured Syrian and Iraqi soil.

Proclaiming a “new era” in which Muslims will ultimately triumph, Abu Bakr al-Baghdadi issued the call to jihad – holy war – in an audio message lasting nearly 20 minutes that was posted online on Tuesday.

Jul 1, 2014

ISIL leader urges jihad to right wrongs against Muslims

DUBAI (Reuters) – The leader of the al Qaeda offshoot that has taken control of parts of Iraq and Syria has urged Muslims around the world to fight to avenge wrongs committed against their religion.

Abu Bakr al-Baghdadi, head of the group that now calls itself the Islamic State, issued the call to jihad – holy war – in an audio message lasting nearly 20 minutes that was posted online on Tuesday.

Jun 10, 2014

Saudi sovereign wealth fund plan attracts debate in advisory body

DUBAI, June 10 (Reuters) – A proposal to set up a Saudi
Arabian sovereign wealth fund attracted debate at a meeting of
the kingdom’s influential Shura council advisory body but failed
to yield a result, state media reported on Tuesday.

A report by the council’s financial committee has said the
National Reserve Fund, which would invest part of the kingdom’s
vast hydrocarbon wealth, would build on its financial stability.

Jun 8, 2014

Saudi Arabia to discuss proposal for sovereign wealth fund

RIYADH/DUBAI, June 8 (Reuters) – Saudi Arabia’s Shura
Council, an influential advisory body to the government, will
discuss a proposal for the country to establish a sovereign
wealth fund that would invest some of its vast oil earnings,
local media reported.

The National Reserve Fund would “guarantee the financial
stability of the kingdom” by investing its reserves, Saad Mareq,
head of the council’s financial committee, was quoted as telling
the pan-Arab Asharq al-Awsat daily on Saturday.

Jun 7, 2014

Saudi shouts support for Egypt’s new anti-Islamist leader

DUBAI (Reuters) – As new Egyptian president Abdel Fattah al-Sisi prepares for his inauguration on Sunday, his most powerful Arab ally is deploying both threats and promises to ensure the Arab Spring cannot upset a new anti-Islamist front in the Middle East.

King Abdullah of Saudi Arabia urged Egyptians this week to embrace Sisi, the military man who drove Islamists from power in Cairo a year ago, and said they should to disown the “strange chaos” of the Arab uprisings.

Jun 3, 2014

French Sahara hostage appeals in video for negotiated release

DUBAI, June 3 (Reuters) – A video of French hostage Serge
Lazarevic, appealing to France’s President Francois Hollande to
negotiate his release after two years in captivity in the
Sahara, was aired by Dubai-based Akhbar Al Aan TV on Tuesday.

In the video, Lazarevic wore a black turban and had a long
grey beard. He said he had been kidnapped by al Qaeda’s North
African wing, AQIM, and appeared in front of two gunmen, whose
faces were concealed by turbans.

Jun 2, 2014

Yemen’s Saleh denies theft, challenges accusers

SANAA (Reuters) – Other Yemeni officials may have looted public funds, but former president Ali Abdullah Saleh says he was not one of them and he has challenged his authorities to find one dollar acquired inappropriately and hold him to account.

His critics in Yemen, an impoverished country of 25 million where 40 percent of the population live on less than $2 per day, accuse him of embezzling billions of dollars during his 33 years in power.