A crater near the Jusiya border crossing between Syria and Lebanon, one of several Syrian sites hit by recent Israeli air strikes. AFP
A crater near the Jusiya border crossing between Syria and Lebanon, one of several Syrian sites hit by recent Israeli air strikes. AFP
A crater near the Jusiya border crossing between Syria and Lebanon, one of several Syrian sites hit by recent Israeli air strikes. AFP
A crater near the Jusiya border crossing between Syria and Lebanon, one of several Syrian sites hit by recent Israeli air strikes. AFP

Israeli military says it seized Iran agent in cross-border Syria raid


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An Israeli commando unit captured an agent of Iran in a cross-border raid into Syria, the military said. The announcement comes two days after marine commandos seized a suspected Hezbollah operative on the Lebanese coast, as Israel intensifies operations in both countries.

Ground forces are being used increasingly for specific missions inside Syria, as Israel piles pressure on Damascus to distance itself from Iran. Syrian authorities have responded with moves that appear designed to curb the operational scope of pro-Iranian militias in the country, although these groups have retained their freedom of movement 13 months into the Israel-Hezbollah war.

Lebanese and Syrian media outlets loyal to Iran confirmed Israeli forces had penetrated the Syrian province of Qunaitra, west of Damascus, in July and arrested Ali Al Assi, described by the outlets as a milkman. He was reportedly based in an area adjacent to a 1974 armistice line between Syrian and Israeli troops in the occupied Golan Heights. The line was drawn a year after a war launched by Syria, alongside Egypt, failed to regain the area.

In a televised interrogation broadcast by the Israeli military, Mr Al Assi said he had been recruited by a member of Syria's Military Intelligence because he lived in a "good area" from where he could monitor Israeli troop movements.

He gave examples of information he had relayed: an Israeli tank "moving here or there, or an Israeli patrol that passed by at such and such hour". He said it was clear that the Military Intelligence personnel who recruited him were acting on behalf of Iran. There was no official Syrian reaction to Mr Al Assi's capture.

Military Intelligence, the most powerful of several Syrian secret police divisions, is controlled by Brig Gen Maher Al Assad, a brother of Syrian President Bashar Al Assad. Brig Gen Al Assad is widely regarded as the main facilitator for the activities of Iran and its proxies in Syria.

Waiel Olwan, senior researcher at the Jusoor Centre for Studies in Istanbul, said the capture of Mr Al Assi was part of intensified Israeli operations to dismantle "the security and economic infrastructure of Hezbollah in Lebanon and Syria". By taking him alive, he said, Israel is hoping to gain more information about "local networks" Hezbollah has been recruiting.

Hezbollah poured militiamen and hardware into Syria shortly after a revolt against President Al Assad in 2011. During the ensuing civil war, Hezbollah, along with Iraqi militias, became the enforcers of an Iranian-controlled corridor running across Syria to Lebanon, the Golan Heights and Jordan. Israel has struck targets in the corridor hundreds of times over the past decade.

Israel has also stepped up attacks in Syria against figures linked to Tehran since its troops reportedly stormed an Iranian-controlled weapons development compound in Masyaf, central Syria in September. Days later, Israeli warplanes struck a villa in a Damascus suburb frequented by Brig Gen Al Assad. Although there were no reports of casualties, the attack was seen as a signal that Syria's top brass were no longer immune from Israeli assaults.

An Israeli military spokesman said Mr Al Assi's capture thwarted a planned attack by Iranian "terrorist" networks and that he had been seized in "recent months". The announcement of the ground operation was a rare acknowledgement of Israeli military activities in Syria.

On Friday, Israeli marine commandos abducted a ship captain from the town of Batroun in northern Lebanon during an operation launched from the sea. The man was a senior Hezbollah member, a military official told The National, and was being investigated by one of Israel's military intelligence units.

Lebanon’s caretaker Prime Minister Najib Mikati instructed his Foreign Minister to file an urgent complaint with the UN Security Council over the kidnapping. Hezbollah issued a statement labelling it “Zionist aggression” but the group did not confirm whether the man captured was one of its members.

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UAE jiu-jitsu squad

Men: Hamad Nawad and Khalid Al Balushi (56kg), Omar Al Fadhli and Saeed Al Mazroui (62kg), Taleb Al Kirbi and Humaid Al Kaabi (69kg), Mohammed Al Qubaisi and Saud Al Hammadi (70kg), Khalfan Belhol and Mohammad Haitham Radhi (85kg), Faisal Al Ketbi and Zayed Al Kaabi (94kg)

Women: Wadima Al Yafei and Mahra Al Hanaei (49kg), Bashayer Al Matrooshi and Hessa Al Shamsi (62kg)

Will the pound fall to parity with the dollar?

The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.

Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.

New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.

“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.

The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.

The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.

Bloomberg

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%3Cp%3E%3Cstrong%3EPros%3C%2Fstrong%3E%0D%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EEasy%20to%20use%20and%20require%20less%20rigorous%20credit%20checks%20than%20traditional%20credit%20options%0D%3C%2Fli%3E%0A%3Cli%3EOffers%20the%20ability%20to%20spread%20the%20cost%20of%20purchases%20over%20time%2C%20often%20interest-free%0D%3C%2Fli%3E%0A%3Cli%3EConvenient%20and%20can%20be%20integrated%20directly%20into%20the%20checkout%20process%2C%20useful%20for%20online%20shopping%0D%3C%2Fli%3E%0A%3Cli%3EHelps%20facilitate%20cash%20flow%20planning%20when%20used%20wisely%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cstrong%3ECons%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EThe%20ease%20of%20making%20purchases%20can%20lead%20to%20overspending%20and%20accumulation%20of%20debt%0D%3C%2Fli%3E%0A%3Cli%3EMissing%20payments%20can%20result%20in%20hefty%20fees%20and%2C%20in%20some%20cases%2C%20high%20interest%20rates%20after%20an%20initial%20interest-free%20period%0D%3C%2Fli%3E%0A%3Cli%3EFailure%20to%20make%20payments%20can%20impact%20credit%20score%20negatively%0D%3C%2Fli%3E%0A%3Cli%3ERefunds%20can%20be%20complicated%20and%20delayed%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cem%3ECourtesy%3A%20Carol%20Glynn%3C%2Fem%3E%3C%2Fp%3E%0A
David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

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%3Cp%3EFly%20with%20Etihad%20Airways%20from%20Abu%20Dhabi%20to%20New%20York%E2%80%99s%20JFK.%20There's%2011%20flights%20a%20week%20and%20economy%20fares%20start%20at%20around%20Dh5%2C000.%3Cbr%3EStay%20at%20The%20Mark%20Hotel%20on%20the%20city%E2%80%99s%20Upper%20East%20Side.%20Overnight%20stays%20start%20from%20%241395%20per%20night.%3Cbr%3EVisit%20NYC%20Go%2C%20the%20official%20destination%20resource%20for%20New%20York%20City%20for%20all%20the%20latest%20events%2C%20activites%20and%20openings.%3Cbr%3E%3C%2Fp%3E%0A
UAE currency: the story behind the money in your pockets
Racecard
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Abu Dhabi GP starting grid

1 Lewis Hamilton (Mercedes)

2 Valtteri Bottas (Mercedes)

3 Sebastian Vettel (Ferrari)

4 Kimi Raikkonen (Ferrari)

5 Daniel Ricciardo (Red Bull)

6 Max Verstappen (Red Bull)

7 Romain Grosjean (Haas)

8 Charles Leclerc (Sauber)

9 Esteban Ocon (Force India)

10 Nico Hulkenberg (Renault)

11 Carlos Sainz (Renault)

12 Marcus Ericsson (Sauber)

13 Kevin Magnussen (Haas)

14 Sergio Perez (Force India)

15 Fernando Alonso (McLaren)

16 Brendon Hartley (Toro Rosso)

17 Pierre Gasly (Toro Rosso)

18 Stoffe Vandoorne (McLaren)

19 Sergey Sirotkin (Williams)

20 Lance Stroll (Williams)

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Updated: November 04, 2024, 2:49 PM