Kuwaittimes 4-10-2018.Qxp Layout 1

Kuwaittimes 4-10-2018.Qxp Layout 1

MUHARRAM 24,1440 AH THURSDAY, OCTOBER 4, 2018 Max 44º 28 Pages Min 25º 150 Fils Established 1961 ISSUE NO: 17648 The First Daily in the Arabian Gulf www.kuwaittimes.net Boursa Kuwait granted ‘Jewel of Roman Empire’ Crucial foreign drugs are a rare Neymar hat-trick inspires 11 full WEF membership 22 faces dangers in Libya 24 commodity in sanctions-hit Iran 28 PSG to 6-1 Red Star rout UN court tells US to lift Iran sanctions in blow for Trump Tehran hails ‘victory’ • Washington terminates 1955 ‘Treaty of Amity’ in response THE HAGUE: The UN’s top court ordered the Iran of medicines and medical devices, food price hikes. Official Iranian statements United States yesterday to lift sanctions on and agricultural commodities” as well as air- acknowledge the shortage and say imports of humanitarian goods for Iran, in a stinging plane parts and services, chief judge certain drugs are no longer subsidized. Iranian rebuke for the Trump administration which Abdulqawi Ahmed Yusuf said. Foreign Minister Mohammad Javad Zarif called nonetheless made clear the decision would The court said sanctions on goods “required the court ruling “another failure for sanctions- change nothing. Tehran hailed its “victory” after for humanitarian needs... may have a serious addicted US government and victory for rule of the International Court of Justice ruled that detrimental impact on the health and lives of law”. The foreign ministry said in a statement sanctions re-imposed after President Donald individuals on the territory of Iran”. US sanc- that the ruling was a “clear sign” that “Iran is in Trump pulled out of a nuclear deal put Iranian tions also had the “potential to endanger civil the right”. lives at risk. But the United States insisted it aviation safety in Iran”. Trump slapped a first But US Secretary of State Mike Pompeo was already allowing humanitarian exemptions round of sanctions on Iran in August after accused Iran of “abusing the ICJ for political to sanctions and, accusing Iran of seeking a pulling out in May from the 2015 international and propaganda purposes” and noted that “propaganda” win, announced it was terminat- deal aimed at curbing Tehran’s nuclear ambi- the court did not reject US sanctions more ing a treaty on which the case was based. tions, to the dismay of his European allies. A broadly. “The court’s ruling today was a The judges at the court in The Hague ruled second round of punitive measures is due in defeat for Iran. It rightly rejected all of Iran’s unanimously that sanctions on some goods November. baseless requests,” Pompeo told reporters in breached the 1955 Treaty of Amity between Iran dragged the United States to the ICJ in Washington. He said that the United States Iran and the United States that predates Iran’s July, and during four days of hearings in late was ending the 1955 friendship treaty, signed Islamic Revolution. They called on Washington August, its lawyers accused Washington of when Iran was ruled by the Western-oriented to “remove by means of its choosing any “strangling” its economy. Foreign drugs are shah, prompting Zarif to slam the US as an impediments arising from the measures now a rare commodity in Iran which is also “outlaw regime”. WASHINGTON: US Secretary of State Mike Pompeo speaks during a press briefing at announced on 8 May to the free exportation to dealing with a free-falling rial currency and Continued on Page 24 the US Department of State yesterday. — AFP According to the Bloomberg News in brief Aston skids on Billionaires Index, Kuwaiti engineer Najeeb Al-Humaidhi holds a stake val- Three held for armed robbery ued at £940.2 million ($1.22 billion) in market debut; Aston Martin following the automaker’s KUWAIT: Three citizens were arrested over an armed IPO. He sold stock worth £331.6 million. robbery at Fahaheel Co-op, said security sources, not- Kuwaiti now Humaidhi, a civil engineer by training, is ing that the three masked suspects attacked the co-op widely known in Kuwaiti business circles and stole some cash. One of the suspects was identified as a member of one of the country’s old- through the security cameras and an anonymous tip. He a billionaire est merchant families. The IPO gives was arrested and led to his two accomplices. Security Humaidhi and fellow Kuwaiti investors a sources added that the gun used in the robbery turned LONDON: James Bond’s favorite car- return of more than 800 percent after out to be a toy. — Hanan Al-Saadoun maker Aston Martin stalled yesterday they acquired a 79 percent stake from after making a glitzy £4.3-billion ($5.6- Ford Motor Co in 2007. billion) debut on the London stock mar- Prominent journalist ‘missing’ Humaidhi owns his shares through ket. Aston, which plays a starring role in two wholly owned UK-based entities the fictional British spy’s blockbuster and through Adeem Automotive, a sub- ISTANBUL: A prominent Saudi journalist critical of films, turned on the glamour with its sidiary of a Kuwaiti family investment Riyadh was still missing yesterday, 24 hours after he classic and modern day cars parked house, which he shares with brother entered the kingdom’s consulate in Istanbul, with his outside the London Stock Exchange in Waleed and Maryam Al-Khaled, an fiancee anxiously waiting for news and US officials the heart of the City finance district and investor, according to Bloomberg. A investigating his case. Jamal Khashoggi, who writes in the shadow of St Paul’s Cathedral. graduate of Alexandria University in opinion pieces for the Washington Post, has not been The group said in a statement that it Egypt, Humaidhi owns an eponymous seen since entering the Saudi consulate building on priced the partial initial public offering architecture and design firm that has Tuesday where he was to receive an official document LONDON: Andy Palmer, CEO of luxury British sports car manufacturer Aston Martin, (IPO) at £19 per share for a quarter of studios in Kuwait City, Cairo, Turkey and for the couple’s marriage. A senior Turkish official said poses by models of Aston Martin cars as the company is floated on the London its stock to become the only London- Australia. His 30-year-old son Saud the Saudi journalist was still being held at the con- Stock Exchange yesterday. — AFP listed carmaker. Continued on Page 24 sulate, which a Saudi official denied. — Agencies 10 die of MERS in Saudi Arabia 58-year-old, British-educated engineer Iraq names new who has held office in both the Iraqi fed- LONDON: Ten people have died among 32 infected eral and Kurdish regional governments - with Middle East Respiratory Syndrome (MERS) in had 15 days to invite the nominee of the Saudi Arabia since June in a series of clusters of the president, PM; largest parliamentary bloc to form a viral disease, the World Health Organization (WHO) government. He chose to do so less than said yesterday. The latest cases, recorded between Amir sends two hours after his election. Since June 1 and Sept 16, bring the global total of laborato- Saddam Hussein was toppled in a 2003 ry-confirmed MERS cases to 2,254, with 800 deaths, US-led invasion, power has been shared the United Nations agency said in a “disease out- congratulations among Iraq’s three largest ethnic-sectar- break” statement on its website. Among the 32 latest ian components. The most powerful post, Saudi cases, 12 were part of “five distinct clusters”, SULAIMANIYA, Iraq: Iraq’s parlia- that of prime minister, has traditionally the WHO said. — Reuters ment on Tuesday elected as president been held by a Shiite Arab, the speaker Kurdish politician Barham Salih, who of parliament by a Sunni Arab and the immediately named Shiite Adel Abdul presidency by a Kurd. Suu Kyi stripped of honor Mahdi prime minister-designate, ending HH the Amir of Kuwait Sheikh Sabah months of deadlock after an inconclusive Al-Ahmad Al-Jaber Al-Sabah yesterday OTTAWA: Myanmar leader Aung San Suu Kyi national election in May. The presidency, congratulated Salih on his election victo- became the first person to be stripped of honorary traditionally occupied by a Kurd, is a ry. The Amir wished him success in his Canadian citizenship on Tuesday over her refusal to largely ceremonial position, but the vote duties to honor the aspirations of all the call out atrocities by her nation’s military against the for Salih was a key step toward forming Iraqi people. HH the Amir, during a Rohingya Muslim minority. The House of Commons a new government, which politicians phone call, invited Salih for an official BAGHDAD: Newly designated Iraqi Prime Minister Adel Abdul Mahdi (center left) granted the privilege to Suu Kyi in 2007, but her have failed to do since the election. visit to Kuwait. Appreciating the kind walks out of the parliament with newly-elected Iraqi President Barham Saleh (cen- international reputation has since been tarnished by Under Iraq’s constitution, Salih - a Continued on Page 24 ter right) late Tuesday. — AFP her refusal to call on the Burmese army to put an end to the atrocities committed against the Rohingya. Canada has granted honorary citizenship only to five of the nine million Swedish kronor other personalities, including Nelson Mandela, the 3 win Chemistry (about $1.01 million) award, while Smith Dalai Lama and Malala Yousafzai. — AFP and Winter shared the other half. “The 2018 Nobel Laureates in Chemistry have Nobel for work taken control of evolution and used it for Houthis free Saleh sons purposes that bring the greatest benefit on key enzymes to humankind,” the Swedish Royal SANAA: Yemen’s Houthi rebels yesterday announced Academy of Sciences said.

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