Medvedev: 'Israel is not going to deliver any blows on Iran'



In an interview with CNN the president of Russia, Dmitry Medvedev, said that during a recent visit to Russia, Israel's President Shimon Peres made a noteworthy statement. "[Mr Peres] said something that is very important for all of us, namely, that Israel is not going to deliver any blows on Iran, that Israel is a peaceful country and will not do it. Therefore any supplies of any weapons, all the more defensive weapons, can not increase tension; on the contrary they should ease it. But if there are people who have such plans, it seems to me that they have to think about it. For this reason, our task is not to strengthen Iran and weaken Israel or visa versa but our task is to ensure a normal, calm situation in the Middle East. I believe that is our task." Mr Medvedev was responding to question about the delivery of the S-300 anti-aircraft and anti-missile system that Russia has agreed to sell Iran. The Russian president's statement comes shortly after Israel's air force commander indicated that Israel would do whatever it can to prevent the system being deployed in any country the IAF "needs to operate or may need to operate in the future." "Israel needs to make every effort to stop the S-300 missile defense system from reaching countries where the air force may need to fly, IAF commander Maj-Gen Ido Nehushtan has told The Jerusalem Post in an exclusive interview. " 'The S-300 is a Russian-made surface-to-air missile system that is very advanced, with long ranges and many capabilities,' Nehushtan told the Post in the interview, which appears in our Friday Magazine. " 'We need to make every effort to stop this system from getting to places where the IAF needs to operate or may need to operate in the future,' he said. "The S-300 is one of the most advanced multi-target anti-aircraft missile systems in the world and has a reported ability to track up to 100 targets simultaneously while engaging up to 12 at the same time. It has a range of about 200 km and can hit targets at altitudes of 90,000 feet. "While Russia and Iran signed a deal for the sale of the system several years ago, according to latest assessments in Israel, it has yet to be delivered." In his interview with CNN, Mr Medvedev was asked whether Russia would support Iran in the event of an Israeli attack. He said: "Russia can not support anybody or act in such situation. We are a peaceful state and we have our own understanding of our defense strategy. This is the first point. "The second point. We have our allies with which we have concluded one or other agreements. In case of Iran we do not have obligations of this kind. But it does not mean that we would like to be or will be impossible before such developments. This is the worst thing that can be imagined. I have already commented on this issue. Let us try together to reason upon it. What will happen after that? Humanitarian disaster, a vast number of refugees, Iran's wish to take revenge and not only upon Israel, to be honest, but upon other countries as well. And absolutely unpredictable development of the situation in the region. I believe that the magnitude of this disaster can be weighted against almost nothing. For this reason before making decision to deliver blows it is necessary to assess the situation. It would be the most unreasonable developments. But my Israeli colleagues told me that they were not planning to act in this way and I trust them." The columnist, Patrick Seale, wrote for Agence Global: "According to most intelligence estimates, Iran is still some years away from military nuclear capability - if indeed it has such an ambition, which it denies. Israel, on the other hand, has had nuclear weapons for more than forty years, as well as increasingly sophisticated means to deliver them. Its nuclear arsenal is estimated conservatively at more than 200 warheads - it may indeed be twice as big - including a second strike capability in the form of nuclear-tipped, submarine-based cruise missiles. "Israel has thus more than ample means to deter an Iranian attack, however grossly improbable such an attack may be. The obvious conclusion is that Israel is not so much concerned by the possibility of an Iranian nuclear attack, but rather that an Iranian bomb could greatly restrict Israel's own freedom of action against its Arab neighbours. Israel's real fear, therefore, would seem to be that the military dominance it now enjoys over the entire region might be eroded, and that it might be forced to accept something in the nature of a balance of power - which it has always fiercely resisted. "Russia's view of Iran is altogether different. Iran is one of Moscow's important commercial and strategic partners. Russia happens to be completing Iran's first nuclear power plant. Russia has firmly opposed imposing further international sanctions on Iran and has welcomed Tehran's offer of talks with the five permanent members of the Security Council and Germany - the so-called 'five plus one'. To Israel's great displeasure, these talks are due to start on 1 October. "Far from destabilising the Middle East - as Israel and France claim - the Russian view is that selling advanced air defence systems to Iran contributes to regional stability by checking Israeli adventurism." The Associated Press reported: "Iran's supreme leader said Sunday that US officials know they are wrongly accusing Iran of seeking to develop nuclear weapons. "In Iran's first official reaction to the US decision to scrap a European missile intercept system to defend against threats from Iran, Ayatollah Ali Khamenei claimed President Barack Obama's administration is following the same policies as its predecessor. " 'The US officials who talk about Iranian missiles and their danger while saying Iran intends to build a nuclear bomb, they know these words are wrong,' Khamenei said in remarks broadcast on state-run radio. 'Despite its apparent friendly messages and words' the Obama administration is pursuing the same policy of Iran-phobia, he said."

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In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

UAE players with central contracts

Rohan Mustafa, Ashfaq Ahmed, Chirag Suri, Rameez Shahzad, Shaiman Anwar, Adnan Mufti, Mohammed Usman, Ghulam Shabbir, Ahmed Raza, Qadeer Ahmed, Amir Hayat, Mohammed Naveed and Imran Haider.

Election pledges on migration

CDU: "Now is the time to control the German borders and enforce strict border rejections" 

SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom" 

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Through Her Lens: The stories behind the photography of Eva Sereny

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A foster couple or family must:

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  • A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
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