The US and UK on Thursday announced new sanctions on Iran's drone programme in response to its aerial attack on Israel.
US President Joe Biden said the sanctions and export controls were intended to “further degrade Iran’s military industries”.
The G7 countries were plotting a joint response at talks on the Italian island of Capri on Thursday, with Israel being urged not to overreact.
The EU's foreign and security policy chief Josep Borrell said the message to avoid escalation was being passed to Israel “clearly” but without “loudspeaker diplomacy”.
He rejected the suggestion that Israel could hold back in exchange for a green light to attack the civilian refuge of Rafah in southern Gaza.
UN Secretary General Antonio Guterres warned Gaza was turning into a “humanitarian hellscape”, as he raised fears the tensions could mount into a “full-scale regional conflict”.
Iran attacked Israel on April 13 with a barrage of drones and missiles that were mostly intercepted by Israeli, US and allied forces. Tehran called it a retaliation for a strike against its consulate in Damascus on April 1.
Although Iran is heavily sanctioned already, diplomats in Europe want measures linked to its drone supply to Russia to be widened to cover its activities in the Middle East.
Iran's attack “carried with it a serious risk of thousands of civilian casualties and wider escalation for the region,” Britain's Foreign Secretary David Cameron said at the G7 talks in Capri.
The US was first to announce new sanctions, aimed at 16 people and several companies allegedly linked to Iran's drone production.
Those affected “work on behalf” of the Quds Force, a branch of Iran's Islamic Revolutionary Guard Corps, the US Treasury Department said.
One of those targeted is Mohammad Sadegh Abutalebi, the chief executive of Iranian company Mado which makes engines for Shahed combat drones.
Several members of the Quds Force described as senior figures active in drone deployment to Iraq, Yemen and Syria have also had sanctions imposed.
There are also efforts to curb Iran's steel sector, with five companies sanctioned, and limit exports of basic microelectronics.
“Less than a week ago, Iran launched one of the largest missile and drone attacks the world has ever seen against Israel,” Mr Biden said.
“We helped defeat this attack. And today, we are holding Iran accountable – imposing new sanctions and export controls on Iran.”
The UK's sanctions hit seven people and six entities including the IRGC's naval forces and the general staff of its armed forces.
Iran's Defence Minister Mohammad Reza Ashtiani is the subject of personal sanctions along with aerospace industry chief Seid Mir Ahmad Nooshin.
Also sanctioned is Maj Gen Gholamali Rashid, believed to be the head of a central Iranian military command.
“Today we have sanctioned the ringleaders of the Iranian military and forces responsible for the weekend’s attack,” UK Prime Minister Rishi Sunak said.
“These sanctions – announced with the US – show we unequivocally condemn this behaviour and they will further limit Iran’s ability to destabilise the region.”
Sanctions mean the people concerned cannot travel to the US or UK and any assets they have there are frozen.
Should late investors consider cryptocurrencies?
Wealth managers recommend late investors to have a balanced portfolio that typically includes traditional assets such as cash, government and corporate bonds, equities, commodities and commercial property.
They do not usually recommend investing in Bitcoin or other cryptocurrencies due to the risk and volatility associated with them.
“It has produced eye-watering returns for some, whereas others have lost substantially as this has all depended purely on timing and when the buy-in was. If someone still has about 20 to 25 years until retirement, there isn’t any need to take such risks,” Rupert Connor of Abacus Financial Consultant says.
He adds that if a person is interested in owning a business or growing a property portfolio to increase their retirement income, this can be encouraged provided they keep in mind the overall risk profile of these assets.
The specs
Engine: 4.0-litre, twin-turbocharged V8
Transmission: nine-speed automatic
Power: 630bhp
Torque: 900Nm
Price: Dh810,000
Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
UAE currency: the story behind the money in your pockets
Company Profile
Company name: OneOrder
Started: October 2021
Founders: Tamer Amer and Karim Maurice
Based: Cairo, Egypt
Industry: technology, logistics
Investors: A15 and self-funded
The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now
Premier League results
Saturday
Crystal Palace 1 Brighton & Hove Albion 2
Cardiff City 2 West Ham United 0
Huddersfield Town 0 Bournemouth 2
Leicester City 3 Fulham 1
Newcastle United 3 Everton 2
Southampton 2 Tottenham Hotspur 1
Manchester City 3 Watford 1
Sunday
Liverpool 4 Burnley 2
Chelsea 1 Wolverhampton Wanderers 1
Arsenal 2 Manchester United 0
The specs
Engine: 3.9-litre twin-turbo V8
Power: 620hp from 5,750-7,500rpm
Torque: 760Nm from 3,000-5,750rpm
Transmission: Eight-speed dual-clutch auto
On sale: Now
Price: From Dh1.05 million ($286,000)
WHAT IS A BLACK HOLE?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
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Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
Top tips
Create and maintain a strong bond between yourself and your child, through sensitivity, responsiveness, touch, talk and play. “The bond you have with your kids is the blueprint for the relationships they will have later on in life,” says Dr Sarah Rasmi, a psychologist.
Set a good example. Practise what you preach, so if you want to raise kind children, they need to see you being kind and hear you explaining to them what kindness is. So, “narrate your behaviour”.
Praise the positive rather than focusing on the negative. Catch them when they’re being good and acknowledge it.
Show empathy towards your child’s needs as well as your own. Take care of yourself so that you can be calm, loving and respectful, rather than angry and frustrated.
Be open to communication, goal-setting and problem-solving, says Dr Thoraiya Kanafani. “It is important to recognise that there is a fine line between positive parenting and becoming parents who overanalyse their children and provide more emotional context than what is in the child’s emotional development to understand.”
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Company profile
Company name: Dharma
Date started: 2018
Founders: Charaf El Mansouri, Nisma Benani, Leah Howe
Based: Abu Dhabi
Sector: TravelTech
Funding stage: Pre-series A
Investors: Convivialite Ventures, BY Partners, Shorooq Partners, L& Ventures, Flat6Labs
Scoreline:
Everton 4
Richarlison 13'), Sigurdsson 28', Digne 56', Walcott 64'
Manchester United 0
Man of the match: Gylfi Sigurdsson (Everton)
BRIEF SCORES
England 228-7, 50 overs
N Sciver 51; J Goswami 3-23
India 219, 48.4 overs
P Raut 86, H Kaur 51; A Shrubsole 6-46
England won by nine runs
