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SUBSCRIPTION TUESDAY, JULY 12, 2016 SHAWWAL 7, 1437 AH www.kuwaittimes.net Survey shows Kashmir seethes Airbus, Boeing Spurs star Kuwait becomes as 30 killed in face off at Tim Duncan ‘cheaper’ clashes with rain-soaked retires after place to3 live Indian11 forces Farnborough23 1916 seasons Govt seeks to privatize oil Min 35º sector as part of reforms Max 47º High Tide 05:27 & 17:08 Kuwait to tackle population imbalance, mulls quotas Low Tide 11:38 & 23:35 40 PAGES NO: 16929 150 FILS By A Saleh Theresa May to become new British PM KUWAIT: A top finance ministry official yesterday said LONDON: Theresa May tomorrow will become the Kuwait is going ahead with the privatization of its oil sector and will be offering a portion of its shares to the prime minister who leads Britain into talks to quit the public as part of the state’s privatization program, simi- European Union, after her last rival in the bid to suc- lar to the plan by Saudi Aramco announced in April. ceed David Cameron pulled out. May became the “This plan will also enable Gulf and foreign investors to only contender after Andrea Leadsom - who had bid for part of the offered shares in the Kuwait market,” stirred a storm for suggesting she was more qualified Finance Ministry Undersecretary Khalifa Hamada said. to be premier because she had children - abruptly While Hamada did not set a date for the underwrit- quit the race yesterday. Cameron later announced ing, he said offering oil sector shares to citizens and May would take over from him tomorrow, when he investors is within the projects and plans of Kuwaiti pro- will to go to Queen Elizabeth II and tender his resig- grams like the rest of the GCC countries to strengthen nation after one final Prime Minister’s Questions ses- citizen and private sector participation and reduce the sion in parliament. burden on the state’s general budget. He said Kuwait “We’ll have a new prime minister in that building plans to establish companies whose shares will be put behind me by Wednesday evening,” he said in a up for public underwriting or for foreign investors, and statement outside 10 Downing Street. Accompanied other shares will be for citizens. by her banker husband Philip and surrounded by “This move may be like the Saudi offering of a per- supportive MPs, a smiling May later stressed the centage of Aramco shares. Oil prices have dropped and need “to negotiate the best deal for Britain in leaving indicators show the slump may last five more years. the EU” in brief comments outside parliament. These forecasts are by most financial bodies including Britain has faced the worst political turmoil in the World Bank and the International Monetary Fund, generations following June 23’s shock vote to leave who expect oil prices will not exceed $50 a barrel, so we the European Union. The outcome prompted have adopted our reforms based on these figures,” Cameron to step down, plunging his Conservatives Hamada said. into a bitter leadership race. At the same time, the As for Gulf investments in Britain after it voted to head of the main opposition Labour party, Jeremy leave the EU, he said “it is for sure that we will be affect- Corbyn, is also facing a challenge to his job. Senior ed by the lack of clarity, as there are indicators that the MP Angela Eagle formally launched her bid yester- British economy will shrink”. He said that the govern- day, and Labour’s election coordinator, Jon Trickett, ment makes its investments through its investment office in London, adding measures to counter the risks said the party should brace for general elections will be an internal matter according to the investments soon after May takes office. LONDON: Britain’s new Conservative Party leader Theresa May is applauded by the party’s members of par- and their size. liament outside the Houses of Parliament yesterday. — AP Continued on Page 13 Continued on Page 13 US to send 560 more troops to Iraq Erdogan defends citizenship for Syrian refugees ISTANBUL: President Recep Tayyip Erdogan defended his plan to give Syrian refugees Turkish citizenship in comments published yesterday, argu- ing the country has ample space after a backlash against the suggestion. Erdogan said on July 2 that Syrians could eventually be granted Turkish citizen- ship “if they want it”, in remarks which were met with anger from opposition politicians and social media users. More than 2.7 million Syrian refugees now live in Turkey, where they have guest status, according to the Turkish government. In his first comments on the issue since QANA, Lebanon: This file photo taken on July 30, 2006 shows a man screaming for announcing the plan, Erdogan said Syrians with help as he carries the body of a dead girl after Israeli air strikes on this southern dual citizenship did not have to return to Syria once Lebanese village. — AFP the conflict was over. “Is it a must for dual citizens, for people with citizenship, to return to their coun- BAGHDAD: Iraqi Prime Minister Haidar Al-Abadi (right) meets US Pentagon chief tries of birth?” he told Turkish reporters on the side- Ashton Carter yesterday. — AFP Decade after Israel war, lines of the NATO summit in Warsaw, quoted by the Hurriyet daily. “When Turks went to Germany in BAGHDAD: Pentagon chief Ashton Iraq’s second city Mosul has been Hezbollah mired in Syria 1963, no one asked whether they would or would Carter said yesterday that Washington under Islamic State group control since not return to Turkey,” he said, referring to the will deploy 560 additional troops to aid June 2014, when the jihadists overran JERUSALEM: Israel this week marks a as well as several hundred long-range Turkish so-called Gastarbeiter who helped Iraq’s fight to retake Mosul from jihadists, large parts of Iraq, carrying out atrocities decade since its 2006 war with its “main missiles, with the medium-range missiles Germany’s economic recovery after World War II. deepening US military involvement in including execution-style killings, mass enemy” Hezbollah, but the Lebanese capable of reaching Tel Aviv. He added: “There is no need to worry, this coun- the country. The announcement, which kidnappings and rape. IS also holds terri- group’s involvement in Syria has made But now the group’s focus is on the try has 79 million people living on 780,000 square will bring the total authorized number of tory in neighboring Syria, but has lost another conflict less likely for now. The war in Syria where it is fighting in sup- kilometers of land. Germany is half our size and has American military personnel in Iraq to significant ground in both countries, and war sparked by Hezbollah’s capture of port of President Bashar Al-Assad. It has 85 million people,” he added, lightly overstating the more than 4,600, came two days after Carter wanted to highlight successes, two Israeli soldiers on July 12, 2006 is sent thousands of fighters to help regime German population. We are a country that can easi- Baghdad said it had recaptured a base even as the jihadists have struck back viewed negatively in Israel, with analysts forces battle rebels and jihadists. “For ly overcome (challenges).” south of Mosul that is seen as an impor- with devastating attacks in Iraq and saying there was a lack of a clear strate- now, Hezbollah’s attention is on Syria,” Continued on Page 13 tant step toward the eventual battle for abroad. gy. Chief of Staff Gadi Eisenkot, who was said Phillip Smyth, an adjunct fellow at the city. Continued on Page 13 head of operations at the time, posted an the Washington Institute for Near East open letter on Sunday paying tribute to Policy. “It’s hard for them to open anoth- the troops involved, and also saying les- er front against a markedly superior foe sons had been learned. like the Israelis, especially as they have to Push to make Med diet cool again “The threat from Lebanon still exists deal with fighting a multitude of foes and contains many challenges, and across Syria.” MILAN: It may be on the UNESCO heritage list, but global experts warn In Spain, celebrities like actress Penelope Cruz may add some glam- necessitates the (Israeli military) to be Amid the chaos in Syria, Israel has also the Mediterranean diet, prized for its health benefits, is losing so much our with their love of Mediterranean cuisine, but ever fewer people are prepared for any scenario,” Eisenkot acknowledged attacking dozens of con- ground to the fast food culture that the decline may be irreversible. enticed. Less than 15 percent of the Spanish population still eats a wrote. Earlier this year, he described the voys there that were transporting Rich in vegetables, fruits, cereals and extra virgin olive oil, the Mediterranean diet, while 50 to 60 percent do so sometimes. Between Iran-backed Hezbollah as Israel’s main weapons destined for Hezbollah. Israel Mediterranean diet is based on a moderate consumption of fish, dairy 20 to 30 percent have ditched it altogether, Serra-Majem said. And it’s enemy, and deputy chief of staff Yair occupied parts of Lebanon for 22 years products, eggs, red wine, and a small amount of meat. Found to vary- the same in Greece, says Antonia Trichopoulou from the Hellenic Golan said in April that the group’s until 2000, with Hezbollah claiming cred- ing degrees in all countries bordering the Mediterranean Sea, it was Health Foundation. Unsurprisingly, over 65-year-olds are the best at improved capabilities were worrying.