US President Joe Biden's administration has made clear its desire to resolve tensions in the Middle East primarily through diplomacy. His administration faces no greater threat to this ambition than the government that sits in Iran. In its perpetual standoff with the US in the region, Tehran has, in recent days, dangerously raised the stakes. In the past week, Saudi Arabia has intercepted more than 20 drone and missile attacks aimed at civilian targets. The attacks were claimed by the Iran-backed Houthi rebel group that rules over Sanaa. On Sunday, one targeted a petroleum plant at the Saudi port of Ras Tunara. Eighty kilometres south, another was directed at a housing complex operated by Aramco, the national oil company, in Dhahran. No one was killed in Sunday's strikes, but the barrage has drawn comparisons with drone assaults on major oil facilities in the kingdom in September 2019. Those attacks briefly suspended over half of Saudi Arabia's oil output. At the time, many were quick to point out that this was not just an attack on the nation itself, but on the entire global energy system.
Saudi Arabis has seen a recent rise in attacks on oil facilities. AP
Nazanin Zaghari-Ratcliffe, a British-Iranian woman, is the victim of a particularly cruel instance of hostage diplomacy
The disruption in energy markets and the impact on the price of oil as a result of Sunday's events were not nearly as severe. But they certainly highlighted once again the danger posed by the instability Iran-funded militant groups seek to foment. Tehran's steady incorporation of the Houthis into its network of proxies in the region allows it to coordinate a targeted strategy against Washington and several Arab states across multiple fronts. It senses a US administration that is in a rush to pursue deals both to end the Yemen conflict and secure a return to the nuclear agreement signed by president Barack Obama in 2015, despite potentially high strategic costs. To exploit this, Tehran choreographs a surge of destabilising activity. Saudi Arabia is not alone in being on the receiving end of this aggression. Iraq has recently seen a series of lethal missile attacks against its institutions, as well as targets associated with Western presence in the country. In the most recent of these, last Wednesday, a US civilian contractor was killed. Innocent individuals have become caught up, too. Nazanin Zaghari-Ratcliffe, a British-Iranian woman, who has been held in prison in Iran on trumped-up charges since 2016, is the victim of a particularly cruel instance of hostage diplomacy. Yesterday, the long-awaited end of Ms Zaghari-Ratcliffe's five-year sentence was announced, but was followed quickly by news of a fresh court date for different charges.
As this chain of abuses grows longer, the US, in its hurry to realise preferential deals, should understand what its regional allies have been saying for a long time: that it is not dealing with a reasonable partner in Tehran. It is, rather, dealing with one that is using chaos as a tool, on whatever scale possible, to achieve its aims.
AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street
The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.
September to November or March to May; this is when visitors are most likely to see what they’ve come for.
WHERE TO STAY:
Meghauli Serai, A Taj Safari - Chitwan National Park resort (tajhotels.com) is a one-hour drive from Bharatpur Airport with stays costing from Dh1,396 per night, including taxes and breakfast. Return airport transfers cost from Dh661.
HOW TO GET THERE:
Etihad Airways regularly flies from Abu Dhabi to Kathmandu from around Dh1,500 per person return, including taxes. Buddha Air (buddhaair.com) and Yeti Airlines (yetiairlines.com) fly from Kathmandu to Bharatpur several times a day from about Dh660 return and the flight takes just 20 minutes. Driving is possible but the roads are hilly which means it will take you five or six hours to travel 148 kilometres.
The more you save, the sooner you can retire. Tuan Phan, a board member of SimplyFI.com, says if you save just 5 per cent of your salary, you can expect to work for another 66 years before you are able to retire without too large a drop in income.
In other words, you will not save enough to retire comfortably. If you save 15 per cent, you can forward to another 43 working years. Up that to 40 per cent of your income, and your remaining working life drops to just 22 years. (see table)
Obviously, this is only a rough guide. How much you save will depend on variables, not least your salary and how much you already have in your pension pot. But it shows what you need to do to achieve financial independence.
