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Saudi Arabia: Zio-Wahhabi Defense Minister Threatens to Occupy Kuwait

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Saudi zIO-wAHHABI Defence Minister Mohammad bin Salman threatened to launch war on Kuwait after differences between the two Persian Gulf Arab states escalated over Khafji oilfield.

“Mohammad bin Salman threatened that his country would attack and occupy Kuwait, claiming that not only Khafji oilfield but also entire Kuwait is part of the Saudi territories based on historical documents,” Middle-East Panorama quoted on Sunday intelligence sources of the Persian Gulf Arab littoral states as saying.

Kuwait has complained that the continued shut down of Khafji oilfield it shares with Saudi Arabia will incur huge losses Riyadh must compensate for in the future.

Kuwaiti Oil Minister Ali Al Omair in a letter to his Saudi counterpart Ali Al Naimi urged him “to take adequate measures to resume production at Khafji.

By keeping production and exports shut, Kuwait will incur huge losses which will be borne by the Saudi government for violation of the (50-year old) agreement and the 2010 operations agreement”.

The sources referred to Zionist puppet Salman’s harsh reaction to Kuwait’s claims, and quoted him as saying that “we saved Kuwait from Saddam’s claws and now who is there to free it from our claws”.

“Kuwait has no superiority over us and is a country stretched over a piece of land one-fourth of Riyadh,” he added, according to the sources.

The field has been shut since October last year for non-compliance with new Saudi environmental standards. It is operated by Al-Khafji Joint Operations Co (KJO), a joint venture between AGOC, a subsidiary of state oil firm Saudi Aramco, and Kuwait Gulf Oil Co (KGOC).

Kuwait has reportedly taken the case to an international court of arbitration, making Saudi Zio-Wahhabi young defence minister even more wrathful.

Before the closure, the Khafji field produced around 280,000 barrels per day to 300,000 bpd.

Zio-Wahhabi regime and Kuwait also share the Wafra oilfield, which has been shut since May due to operating difficulties. US oil major Chevron operates the field on behalf of the Saudi Zio-Wahhabi regime.

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U.S. Hosts Arms Bazaar at White House Arab Summit

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Global Research
gcc
President Barack Obama and Secretary of State John Kerry meet with GCC delegation at Camp David. (Photo: AP)

When the United States sells billions of dollars in sophisticated arms to Arab nations, they are conditioned on two key factors: no weapons with a qualitative military edge over Israel will ever be sold to the Arabs, nor will they receive any weapons that are not an integral part of the U.S. arsenal.

But against the backdrop of a White House summit meeting of Arab leaders at Camp David this week, the administration of President Barack Obama confessed it has dispensed with rule number two.

According to Colin Kahl, national security advisor to Vice-President Joe Biden, the United Arab Emirates (UAE) flies the most advanced U.S.-made F-16 fighter planes in the world.

“They’re more advanced than the ones our Air Force flies,” he told reporters at a U.S. State Department briefing early this week, without going into specifics.

The six members of the Gulf Cooperation Council (GCC) – Bahrain, Oman, Kuwait, Qatar, UAE and Saudi Arabia – which participated in the summit were, not surprisingly, promised more weapons, increased military training and a pledge to defend them against missile strikes, maritime threats and cyberattacks from Iran.

An equally important reason for beefing up security in the region is to thwart any attacks on GCC countries by the Islamic State of Iraq and Syria (ISIS).

“I am reaffirming our ironclad commitment to the security of our Gulf partners,” President Obama told reporters at a news conference, following the summit Thursday.

But he left the GCC leaders disappointed primarily because the United States was not willing to sign any mutual defence treaties with the six Arab nations – modeled on the lines of similar treaties U.S. has signed with Japan and South Korea.

Still, Bahrain, Egypt, Israel, Jordan and Kuwait (along with Pakistan) are designated “major non-NATO (North Atlantic Treaty Organisation) allies.”

Kahl told reporters: “This administration has worked extraordinarily closely with the Gulf states to make sure they had access to state-of-the-art armaments.”

He said that although the U.S. has not entertained requests for F-35s, described as the most advanced fighter plane with the U.S. Air Force, “but keep in mind under this administration we moved forward on a package for the Saudis that will provide them the most advanced F-15 aircraft in the region.”

Taken as a whole, Kahl said, the GCC last year spent nearly 135 billion dollars on their defence, and the Saudis alone spent more than 80 billion dollars.

In comparison, the Iranians spent something like 15 billion dollars on their defence, said Kahl, trying to allay the fears of GCC countries, which have expressed strong reservations about an impending nuclear deal the U.S. and other big powers are negotiating with Iran.

Still, arms suppliers such as France and Britain have been feverishly competing with the United States for a share of the rising arms market in the Middle East, with continued turmoil in Iraq, Syria, Libya and Yemen.

Pieter Wezeman, senior researcher, Arms and Military Expenditure Programme at the Stockholm International Peace Research Institute (SIPRI), told IPS that GCC countries have long procured weapons from both the U.S. and several European countries.

Qatar is probably the one country in the GCC where U.S. military equipment makes up a low share of its military equipment and instead it has been more dependent on French, British and other European arms, he pointed out.

Last year, Qatar ordered a large amount of new arms from suppliers in Europe, the U.S. and Turkey, in which U.S. equipment was significantly more important than it had been in the decades before in Qatari arms procurement.

“None of the GCC countries has been mainly dependent on a single arms supplier in the past four to five decades. The U.S., UK and France have long been the main suppliers to the GCC, competing against each other,” he added.

In an article last week on the GCC summit, William Hartung, director of the Arms and Security Project at the Center for International Policy and a senior advisor to the Security Assistance Monitor, described it as “an arms fair, not diplomacy.”

He said the Obama administration, in its first five years in office, entered into formal agreements to transfer over 64 billion dollars in arms and defence services to GCC member states, with about three-quarters of that total going to Saudi Arabia.

He said items on offer to GCC states have included fighter aircraft, attack helicopters, radar planes, refueling aircraft, air-to-air missiles, armored vehicles, artillery, small arms and ammunition, cluster bombs, and missile defence systems.

On any given day, Kahl said, the United States has about 35,000 U.S. forces in the Gulf region.

“As I speak, the USS Theodore Roosevelt Carrier Strike Group is there. The USS Normandy Guided Missile Cruiser, the USS Milius Aegis ballistic missile defense destroyer, and a number of other naval assets are in the region,” he said.

“And we have 10 Patriot batteries deployed to the Gulf region and Jordan, as well as AN/TPY-2 radar, which is an extraordinarily powerful radar to be able to track missiles fired basically from anywhere in the region.”

The mission of all of these forces, he said, ”is to defend our partners, to deter aggression, to maintain freedom of navigation, and to combat terrorism and weapons of mass destruction.”

Still, in the spreading Middle East arms market, it is business as usual both to the French and the British.

Wezeman told IPS Qatar has acquired the Rafale to replace its Mirage-2000 aircraft which France supplied about 20 years ago.

The UAE has been considering the purchase of Rafale to replace Mirage-2000 aircraft procured about 10 years ago from France.

Similarly Saudi Arabia has in the past decade ordered British Typhoon combat aircraft and U.S. F-15SAs, just like it ordered British Tornado combat aircraft and U.S. F-15Cs in the 1980s and 1990s.

Oman has recently ordered U.S. F-16s and British Typhoon aircraft to replace older U.S. F-16s and replace UK supplied Jaguar aircraft.

“The same arms acquisition patterns can be seen for land and naval military equipment. It would be a real change if the GCC countries would start large-scale procurement of arms from Russia and China. This has, however, not yet happened,” said Wezeman, who scrupulously tracks weapons sales to the Middle East.

He said access to certain technology has occasionally been one of several reasons for the GCC countries turning to Europe, as the United States tried to maintain a so-called ‘Qualitative Military Edge’ for Israel, in which it refused to supply certain military technology to Arab states which was considered particularly threatening to Israel.

He said for a while the U.S. was not willing to supply air launched cruise missiles with ranges of about 300 km to Arab states. Instead Saudi Arabia and the UAE turned to the UK and France for such weapons and the aircraft to integrate them on.

However, the U.S. has now become less restrictive in this regard and has agreed to supply certain types of cruise missiles to Saudi Arabia and the UAE.

Finally, what is particularly interesting is that U.S. officials once again emphasise the military imbalance in the Gulf region when mentioning that GCC states’ military spending is an estimated nine times higher than that of Iran (figures which are roughly confirmed by SIPRI data).

“This raises some major questions about the seeming lack of arms control in the region and the potential risks of further one-sided procurement of advanced weapons by GCC states,” he added.

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“First Strike” Attack against Iran?

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Washington’s “Missile Defense” Deal with the Gulf Monarchies

U.S. on Wrong Side of History: This new Gulf states agreement is dangerous, provocative, destabilizing and very expensive

Global Research
persiangulf

This is what it has all come down to…. the US and the corrupt, dictatorial Gulf monarchies meeting at Camp David Thursday and agreeing on a plan to flood the Middle East with ‘missile defense’ (MD) systems.

These Gulf monarchies are the essential allies of the US in the world now (in addition to a few other fascist-leaning nations). Together they are destabilizing and creating chaos in Syria, Yemen, Ukraine and beyond. This meeting is evidence of the desperation and the moral decay of the USA.

Obama announced that that he would streamline weapon sales and increase joint military exercises with Bahrain (home to US Navy Central Command and the Fifth Fleet), Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates as part of an “iron-clad commitment” that the United States will help protect them against their neighbor and rival Iran. The Gulf states claim they fear Iran’s nuclear weapons even after recent successful negotiations to ensure they don’t build any.

In fact Iran stopped its nuclear weapons program several years ago – the CIA has even reported as much as has the IAEA. But truth and reality don’t matter much anymore.

What this new deal with the Gulf states really mean is unrestrained US and Arab extremism throughout the Middle East. The plan is to build a region-wide MD system including Patriot and THAAD (Terminal High Altitude Area Defense) along with MD radars. It’s also likely that Aegis ship or land-based MD systems will be added to sweeten the pot as well.

The US weapons production corporations will make lots of money. It’s important to remember that weapons are the #1 industrial export product of our country.

When weapons are your #1 export product, what is the global marketing strategy for that product line?

Endless war.

What does that say about the soul of the USA?

All of these MD systems will be “interoperable” with the Pentagon’s existing programs. It will all be run through the US military space satellite system. That means the Gulf states will pay for the US to build a region-wide MD system that is actually aimed at Iran, Syria, and Russia and fully controlled by Washington.

MD is a key element in US first-strike attack planning – its the shield that is used after a Pentagon sword is thrust into the heart of another nation’s military forces. When the attacked nation attempts to fire a retaliatory strike it is then that the MD systems are used to pick off the remaining military capability thus giving the Pentagon a “successful” first-strike.

The whole system works best if you can get real close to the ‘offending nation’ and hit their missiles soon after launch rather than waiting for them to reach deep space – or hit them as they descend from space as they approach their targets.

This new Gulf states agreement is dangerous, provocative, destabilizing and very expensive. The US has once again betrayed its revolutionary roots against British monarchy as it snuggles up with the Arab right-wing feudal monarchies. Nothing good can come from this new agreement.

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US to Send More than 4,000 Troops to Kuwait

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U.S Marines departing the Helmand base in Afghanistan in 2014.

U.S Marines departing the Helmand base in Afghanistan in 2014. 

Reports indicate it could be the U.S.’ largest ground force in the region.

U.S. media reported Saturday that more than 4,000 ground combat troops are heading to Kuwait. Reports indicate it could be the U.S.’ largest ground force in the region.

The move comes as President Obama is seeking the Authorization for the Use of Military Force (AUMF) against the Islamic State group.

Early this week Obama sent Congress the AUMF petition denying plans for a ground war, however the troops in Kuwait are prepared for any “contingency,” a Pentagon military source said.

The proposal must be approved by both the U.S. Senate and House of Representatives. Meetings began this week and a vote is expected in March.

The AUMF has garnered opposition from some in Obama’s own Democratic Party, who want to prevent another Middle East war, as well as from Republicans, who feel it is too lenient.

The U.S. Army has kept a brigade in Kuwait since 2011 and recently began using those soldiers to help train allies for battles against the Islamic State group.

The soldiers are from the Fort Carson’s 3rd Brigade and reports in the U.S media said that the soldiers have trained for more than a year for the Kuwait mission.

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Kuwait terror charges prove US duplicity: Analyst

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Kuwaiti Minister of Justice Nayef al-Ajmi (L) and MP Mohammad al-Hwailah take part in a parliament session at Kuwait

Kuwaiti Minister of Justice Nayef al-Ajmi (L) and MP Mohammad al-Hwailah take part in a parliament session at Kuwait’s National Assembly. (File photo).

The US Treasury Department’s labeling of Kuwait as a terror sponsor indicates Washington’s duplicity in dealing with the scourge of terrorism, an analyst writes for the Press TV website.

Gordon Duff’s column on the Press TV website came two days after US Treasury Undersecretary David S. Cohen called Kuwait “the epicenter of fundraising for terrorist groups” fighting in Syria.

Duff said the terror charges against Kuwait show “American duplicity in dealing with very real terror threats that have led to not only massacres and nerve gas attacks in Syria but over 8,000 terror bombing deaths in Iraq as well in 2013 alone.”

The analyst wondered why the US showed no reaction to Kuwait’s financing of “bombings around the world” leading to deaths of “tens of thousands or more.”

“Only when Kuwaiti internal politics derailed the ‘cohesion’ of [foreign-backed] Syrian militants and al-Qaeda jihadists, did the Washington Post, Brookings Institution and Obama White House take notice,” wrote Duff.

The US Treasury Department has confirmed that “hundreds of millions of dollars” have been provided by “Kuwaiti individuals” to terrorist groups like al-Nusra Front fighting in Syria.

“Today, there is evidence that Kuwaiti donors have backed rebels who have committed atrocities and who are either directly linked to al-Qaeda or cooperate with its affiliated brigades on the ground,” Brookings Institution said.

Duff noted that the US had chosen to “ignore Kuwait’s role as the largest financier of world terrorism” since 9/11 while it has incessantly leveled charges against Iran and Pakistan “without ever presenting evidence.”

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Wahhabi “pro-jihadist” justice minister rescinds resignation

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Zio-Wahhabi Al-Ajmi

Zio-Wahhabi Kuwait’s Islamic affairs minister, accused by a senior US official of promoting jihad in Syria, was reported Monday as saying he will stay on after his resignation was rejected.

Al-Qabas daily cited Zio-Wahhabi Nayef al-Ajmi as saying he will remain in the post after a request from the “political leadership” following a meeting on Sunday. The term “political leadership” generally refers to the ruler of the oil-rich Gulf state.

“I will obey the orders of the political leadership and will continue along the same path I have started,” Ajmi, who is also justice minister, said.

Ajmi, who strongly denied the US accusations, said on Friday he had tendered his resignation, citing health problems.

The US Treasury under secretary for terrorism and financial intelligence, David Cohen, charged earlier this year that Ajmi “has a history of promoting jihad in Syria.”

His appointment as minister in January was a “step in the wrong direction,” Cohen said in a lecture in the United States, parts of which were carried by the Kuwait press last month.

Zio-WahhabI Ajmi said on Friday he was resigning because of health problems predating the US accusation.

He said he had been undergoing tests in London when the reports of Cohen’s comments surfaced in the Kuwaiti media, and had cut the tests short to head home.

A statement released after a March 31 cabinet meeting said ministers had followed Cohen’s comments “with great attention and displeasure.”

Zio-Wahhabi Ajmi acknowledged he had taken part in fund-raising campaigns for Syria, but insisted they had been for humanitarian purposes and not for Syria’s Zio-Wahhabi al-Qaeda affiliate al-Nusra Front as alleged by Cohen.

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Kuwait to offer more financial aid to Egypt

Kuwait to offer more financial aid to Egypt

 

An official Kuwaiti source said that Kuwait would increase their total pledged financial aid [to Egypt] to $6 billion.

Kuwait is poised to offer a further $2 billion in assistance toEgypt to help the latter’s faltering economy in the wake of the military’s July 3 ouster of president Mohamed Morsi, a high-profile official Kuwaiti source revealed Tuesday.

“We will increase our total pledged financial aid [to Egypt] to $6 billion. We have already offered $3 billion and steps are currently underway to send the remaining amount,” the official, who asked to remain anonymous, told Anadolu Agency by phone.

Following Morsi’s ouster this summer, the official said,Kuwait had initially pledged $4 billion in assistance to Egypt. He noted that $2 billion had since been deposited at Egypt‘s central bank, while $1 billion worth of petroleum products had been shipped to the country.

An additional $1 billion grant to Egypt is still awaiting the approval of Kuwait‘s parliament, he added.

As for the latest aid pledges, the official said, details still remained unclear as to what form these would take. “Most of it will likely be in the form of petroleum products,” the source said.

Since Morsi’s July 3 ouster, Saudi Arabia, the United Arab Emirates and Kuwait have pledged a combined total of $15.9 billion worth of aid to Egypt.

In the 2012/13 fiscal year, Egypt coughed up a whopping 128 billion Egyptian pounds (roughly $18.4 billion) – almost one quarter of the entire state budget – to subsidize the local petroleum sector.

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BOYCOTT ZIO-NAZI’S IN KUWAIT ” 3 ” : The Long Way Back

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Kuwaiti MP Saleh Shour (R) and MP Mohammed al-Mutar (L) attend a parliament session at the National Assembly in Kuwait City on May 3, 2012 where the MPs passed a bill stipulating the death penalty for Muslims who curse God, the Muslim holy book, all prophets and the wives of Islam’s Prophet Mohammed. (Photo: AFP – Yasser Al-Zayyat)

By: Yazan al-Saadi

Published Friday, May 4, 2012

As the Boycott, Divestment, and Sanctions (BDS) movement against Israel continues to grow internationally, it is lagging in the Arab World – particularly within Gulf monarchies, where boycotting Israel is muddled by these monarchies’ close relationship with the United States and its allies.

In March, a bell pepper with a label indicating that it originated from Israel was found in one of Kuwait’s largest retail stores. Ironically, the pepper was bought by a volunteer for pro-Palestinian group Kuwaitis for Jerusalem.

Immediately a photograph of the pepper, with its label, was passed around social hubs such as Twitter, Facebook, and others forums, triggering debates regarding the nature and efficiency the Israel boycott.

This incident was not the first of its kind in Kuwait. Sporadically, an Israeli product or a product with Hebrew markings is found, and the local mediastirs to attention. These cases are usually swiftly dealt with by the authorities and forgotten until the next incident rears its head.

Boycotting Israel in Kuwait is a very delicate issue in comparison to other Arab countries. It is not quite like Syria, in which Israeli goods and products are strictly unwelcome nor is it as open as Jordan or Qatar, where direct political and economic relations with Israel are active.

The Current Climate of Boycotting Israel

“The 1990s were the worst in terms of boycotting Israel. If you visit the head [Arab League Boycott] office in Damascus, you’ll see that they are very demoralized. Everybody ignored them after Oslo,” said a prominent Palestinian historian residing in Kuwait, who requested anonymity.“The boycott in Kuwait is [currently] very loose; we hear in the newspapers that so and so was discovered here or there. They report this all the time. But there is no official or popular follow-up. People are demoralized after Oslo and Jordan [1994 peace deal],” he added.

An official within the Arab League dealing with Palestinian Affairs, and who also requested anonymity, echoed the sentiments of the historian in regards to the deterioration of Arab boycott efforts against Israel.

The Arab League boycott laws are still in place, he noted, and every six months a black list is revised, pointing to the current debates regarding Adidas as a recent example.

The official stressed that despite these laws, obstacles to an efficient boycott have been added by Arab states’ acceptance of American contentions of “peace” as well as concerns that any act sanctioning or boycotting Israel will be labeled as provocation and incitement.

The best thing one can do, he suggested, is to activate popular action, encouraging the greater public to complain to retailers, policy makers, and the press whenever an Israeli product is found. The public at large should bear the burden of overseeing the market if boycott violation occurs.

The Resurgence of Kuwaiti Popular Action

In Kuwait, support for Palestinians is typically articulated by Islamic organizations and charities, as the Palestinian historian pointed out.

Kuwaitis for Jerusalem, established in 1987-88 during the First Intifada, have been heavily involved in a number of campaigns, from raising awareness to music events in support of the Palestinian cause. Through this organization, members and volunteers have begun work to establish a BDS Chapter in Kuwait.

Hania al-Ariqy, a member of Kuwaitis for Jerusalem and one of the driving forces behind initiating a BDS Chapter, spoke briefly with Al-Akhbar.

Ariqy pointed out that the general BDS movement in the Arab region is severely lacking. “Where is it? In the Gulf region, it is virtually nonexistent. In Egypt, they just started. The only country that is actively doing it is Lebanon – because the political situation in the country and the continuous Israeli aggression, especially in 2006, kept the issue alive for the public.”

She said that the organization has faced no obstacles from the government so far, though that they have not officially launched yet. Nevertheless, she expects no restrictions from the authorities.

“The environment in Kuwait is much more welcoming to boycotting Israel than it is in other Gulf countries…You should consider that on the political level, there is no parliament [in other Gulf states],” she said.

She added that because of the parliament’s current composition, it would be publicly difficult for them to take a stance against the Palestinian cause.

Considering any lingering hostility towards Palestinians from the Kuwaiti public due to support of the Iraqi invasion from Yasser Arafat and other Palestinian political figures, she said, “I think it’s a thing of the past. I’m a member of Kuwaitis for Jerusalem and we started in 1988, during the First Intifada. When the Iraqi invasion happened, we halted our activities completely. It took us a long time to restart again, until 2000 – 10 years.”Optimism on the Power of Boycott

Currently, the BDS chapter in Kuwait is to looking into reports regarding various Israeli products making their way into the country, particularly the recent Israeli bell pepper incident.

When it was discovered, the volunteers of the BDS chapter contacted the retailer to find out how this product, with its label clearly stating its Israeli origins, ended up on the shelves.

According to the volunteers, the retailer claimed that it was merely a mistake and that the illicit product was removed. Despite these assurances, the volunteers are concerned that the retailer simply changed the packaging and kept the product, although they do not have any conclusive proof.

At the same time, BDS members began researching which governing authority is responsible for ensuring the boycott against Israel. With some effort they discovered the Customs Office for Boycotting Israeli Goods.

When the volunteers spoke with employees from the office, they assured them that only few products were smuggled in and that they were serious about maintaining the boycott. According to Ariqy, the office was even willing to create a hot-line with the organization in order to coordinate efforts. It was these officials’ first meeting with members of the public in over ten years.

For Ariqy and other volunteers, the main goal currently is to bring back the secondary sanctions and boycott laws, particularly in regards to companies like Veolia Transport and Alstom, who the authorities do not blacklist despite their work within Israeli settlements across the occupied territories. The Kuwait BDS also aims to modernize the laws regarding boycotting Israel in Kuwait.

“The problem with the Office of Boycotting Israel is that it is tied in with the decrees and policies of the Arab League, and the law in regards to boycotting Israel was made in 1964. It still has not been modified or developed further to meet the current challenges,” she said.Ultimately, Ariqy is optimistic about the future and the growth of the BDS movement, and other similar non-violent campaigns that could play a dramatic role in changing the region.

“I’m optimistic because the movement is still young, and we in the Arab region may still not feel the major changes because the movement isn’t as well developed here. But changes do happen. The people in general are not aware of the importance and influence they wield. An Arab person may still feel helpless or feel that such actions are futile, but I think this viewpoint is changing.”


The Mercurial Kuwaiti-Palestinian History

Kuwait’s boycott system, with its virtues and vices, arises from its ever-changing foreign policy and its historical relations with Palestinians.

Toufic Haddad, writing for the Palestine Chronicle, noted that the history of Palestinian-Kuwaiti relations, which is deep, complex, and intersects much of the pivotal points of the Palestinian experience, is one of the most under-studied topics in contemporary Arab history.

After the 1947-48 ethnic cleansing by Zionist forces, a large number of Palestinians found themselves, at some point, living or working in Kuwait, including iconic figures such as Yasser Arafat and Naji al-Ali.

In reflection, Kuwaiti society and policy from 1948 to 1990 was much more pan-Arab and pro-Palestinian than other Gulf monarchies, although the Kuwaiti authorities maintained a tight grip on Palestinian activities.

During the four-year reign of Sheikh Abdullah al-Salam al-Sabah, the first emir of Kuwait, an emiri decree established Law 21 of 1964 that outlined how Israel was to be boycotted. It was part of a collective Arab League effort to sanction Israel and its allies.

All forms of trade, commercial and financial transactions with Israel, and ownership of Israeli goods and goods that include Israeli components, were forbidden. This included countries and companies that were doing business with Israel or were aiding the Zionist state in any form.Punishment for violating this boycott resulted in a sentence of three to ten years hard labor and a fine. Subsequently, the Office for Boycotting Israeli Goods within the Customs Department was established to oversee this law.

The Arab collective boycott effort faced its first major blow in 1978 when Egypt signed a peace deal with Israel. But it was during the post-Oslo period when much of the general Arab boycott system significantly deteriorated.

For Kuwait in particular, the 1990 Iraqi invasion was a defining factor. Yasser Arafat’s apparent support of Saddam Hussein was grossly detrimental for Palestinians living in Kuwait. Tens of thousands of Palestinians were deported by Kuwaiti authorities, regardless of whether they opposed the invasion and occupation.

In August 1991, Kuwait announced an ease of its boycott of non-Israeli companies, particularly British and French, which were actively doing business with Israel under the justification of rapid postwar reconstruction. Two years later, the secondary Kuwaiti boycott on all non-Israeli companies working with Israel was lifted. In addition, aid to the Palestine Liberation Organization was drastically cut.

Relations only began to soften because of the Second Intifada in 2000. With each intensifying Israeli aggression against the Palestinians over the years, Kuwaiti political and social sentiments gradually swayed back and became much more supportive.

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IMF: Kuwait’s Finances Sound, Public Sector Needs Reform

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CEO of Crescent Petroleum Majid Jafar (2nd L), CEO of Kuwait Foreign Petroleum Exploration Company Sheikh Nawaf Al-Sabah (2nd R) and CEO of Kuwait Energy Sara Akbar participate in a question-and-answer session during the Oil & Money conference in London, Oct. 2, 2013. (photo by REUTERS/Luke MacGregor )
By: Amer Thiab al-Tamimi

 

In late September, the International Monetary Fund (IMF) issued a report that objectively assessed the Kuwaiti economy and listed its strengths and weaknesses. The report pointed out that the rise in oil prices has led to a surplus in Kuwait’s general budget and current account. The report said that the surplus remained high and has reached 33% of the 2012 gross domestic product, despite the rise in current expenditure allocations.

According to the finance minister, the budget achieved a surplus of 12.7 billion Kuwaiti dinars [$45 billion] in fiscal year 2012-13. That was due to higher oil prices and to an oil production level of about 3 million barrels per day, which is approaching full capacity. The total 2012 current account is $79.8 billion and is estimated to be $72.1 billion for 2013.

These indicators confirm the strength of Kuwait’s financial situation, enhance its ability to meet its domestic and foreign obligations, raise its financial reserves and increase the value of Kuwaiti-owned assets abroad. Over the past two years, the Kuwaiti government has raised the funding of the “future generations fund” from 10% to 25% of total government revenues.

The performance of the oil sector is strong, but the non-oil sector has room for improvement. The report said that the growth rate in the non-oil sector went from 0.9% in 2009 to 2.2% in 2012. That rate is expected to reach 3.3% in 2013 and may rise to 4.4% in 2014. After the Central Bank of Kuwait cut its discount rate to 2.0%, the potential to improve the level of indebtedness of the non-oil sector has become attainable, which would improve the investment opportunities for several economic activities.

The IMF report showed that bank credit rose in June at an annual rate of 6.3%. Local banks have high liquidity. At the end of August, bank deposits totaled 34.6 billion dinars [$122.5 billion], of which 29.8 billion [$105.5 billion] were for the private sector and 4.8 billion [$17 billion] for the public sector. Of that, 28.2 billion dinars [$99.9 billion] were used to fund various economic sectors, which confirms that the funding remains below the banks’ financial resources. So, cutting the discount rate is possible.

The financial situation is sound, but are the macroeconomic conditions satisfactory? Kuwaiti officials should not relax and avoid making important and difficult decisions due to the availability of funds, the improved performance of the non-oil sector to some extent and the strength of the banking system.

Public spending reveals that there is more current spending than capital spending. Even the capital expenditure allocations are not entirely spent due to bureaucratic problems, weak implementation and slow decision-making at all administrative levels. So projects approved in the development plan from 2010-11 to 2013-14 have been disrupted. And a project that is supposed to take two years now takes five, not to mention the high capital costs. The private sector remains absent from these development projects and from projects related to infrastructure and facilities such as electricity, water, telecommunications, transportation, education and health care. According to the plan, the private sector will undertake and own a number of projects. But present laws have disrupted the private sector’s role in housing, utilities, oil and other vital projects. The plan, which has stressed raising the private sector’s contribution in the local production, has not achieved the desired results so far, as it approaches the end of its time frame.

Human development is still far from achieving its goals. The country still depends on imported labor, which makes up 84% of the total labor force in the country. In past years — when the plan was supposed to be implemented — the government adopted, under pressure from parliament, policies that raise salaries and benefits in public institutions. That has caused fewer citizens to join the private sector. It goes without saying that public sector employment has become a significant burden on the state, not only financially but also economically and socially, with high rates of underemployment in various institutions and lower productivity among employees who are citizens.

The policy to support employment in the private sector has failed in raising the national employment rate after public salaries were raised. Salaries are important in attracting citizens to the labor market, but the educational system is still unable to provide the skilled workforce required by private sector enterprises. In this context, the IMF report noted the need to enhance the quality of education and vocational training and encourage women to join the workforce. According to statistics, about 20,000 Kuwaitis enter the job market every year. So new concepts of employment are needed. Kuwait also needs to improve working conditions and expand privatization, which expands the private sector.

In conclusion, Kuwait’s financial situation is sound, but the country still has significant structural problems that must be addressed.

 

Posted in KuwaitComments Off on IMF: Kuwait’s Finances Sound, Public Sector Needs Reform

ZIONIST AGENT KUWAITI CLERIC BUYS WEAPONS FOR CIA BACKED REBELS IN SYRIA PRAISES SLAUGTHERING AND TERRORISM

NOVANEWS
KUWAITI CLERIC BUYS WEAPONS FOR ZIONIST BACKED REBELS IN SYRIA ,PRAISES SLAUGTHERING AND TERRORISM ,WHILE KUWAITI MP SAYS THESE DON’T FIGHT ISRAHELL HOWEVER
[ed notes;scumbag cleric admits hes sending 12 thousand new rebel fighters(foreigners) to Syria!!!the Kuwaiti mp in end exposes them and says these will not fight israhell however. 
SYRIA Children Receive Weapons Training By Islamist Rebels Of Al-Nusrah Front (Suicide Bombers?) 
 

Posted in KuwaitComments Off on ZIONIST AGENT KUWAITI CLERIC BUYS WEAPONS FOR CIA BACKED REBELS IN SYRIA PRAISES SLAUGTHERING AND TERRORISM

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