A rebel army officer teaches the use of weapons to civilians who have volunteered to join the rebel army in Benghazi.
A rebel army officer teaches the use of weapons to civilians who have volunteered to join the rebel army in Benghazi.

Praise for Britain's SAS after oil workers rescued from Libya



LONDON // British media were full of praise today for a secret commando raid by British Special Forces that plucked 150 oil workers from the remote Libyan desert, but thousands of other foreigners were still stuck in the Libyan capital of Tripoli.

The British government had been embarrassed by earlier botched attempts to rescue citizens stranded in the chaos - its first rescue flight broke down and became stuck on a London runway on Wednesday. But on Sunday, newspapers could not gush enough about the "daring and dramatic" military operation by two RAF Hercules planes that brought stranded citizens to Malta.

"SAS swoops in dramatic Libya rescue," the Sunday Telegraph headline read.

The government is still trying to locate the remaining Britons in Libya, and more military-style rescue missions are reportedly planned. The frigate HMS Cumberland is returning to the eastern Libyan port of Benghazi from Malta to evacuate more people.

The foreign secretary, William Hague, told the BBC: ""We are working intensively to establish who is still in Libya and where they are."

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One evacuee said the military plane he boarded in Libya was supposed to carry around 65 people, but quickly grew to more than double that.

Patrick Eyles, a 43-year-old Briton, said at Malta International Airport: "It was very cramped but we were just glad to be out of there."

In Tripoli, two ferries trying to carry foreigners out of Libya were waiting to leave, delayed by officialdom and rough seas. A Russian-chartered ferry arrived at a port further east to pick up more than 1,000 people and thousands more people finally made it to safety in Crete.

Three more ships arrived in Greece from the eastern Libyan port of Benghazi early Sunday, two of them at Heraklion on the island of Crete carrying about 4,200 passengers, mostly Chinese but also 750 Bangladeshis and 200 Vietnamese, Greek authorities said.

Another ferry, with 2,000 more Chinese from Benghazi, is expected to reach Crete on Monday night, shipping agents said.

Air China planned four flights today from Crete, carrying about 1,200 Chinese back to their homeland.

Earlier today, another ship docked in the Athens port of Piraeus carrying 390 evacuees of various nationalities, chiefly Brazilians, Portuguese and British.

In Tripoli, Henri Saliba, managing director of Virtu Ferries, said the San Gwann is accepting anyone who wants to board and was almost at capacity with more than 400 passengers. The Maria Dolores ferry has been chartered by a private company and has some 90 passengers on board.

They started taking passengers on Saturday evening but Libyan police only let people board in a trickle. Then bad weather conditions on Sunday morning prevented their departure. Saliba said the ferries hope to leave Tripoli on Sunday evening and arrive in Valletta, Malta, on Monday.

He said conditions at the port in Tripoli were currently safe and calm.

The number of foreigners leaving Libya as Moammar Gadhafi's regime attacks anti-government protesters has been staggering. At least 19,000 Chinese, 15,000 Turks and 1,400 Italians had been evacuated, most working in the construction and oil industries.

In addition, some 22,000 people have fled across the Libyan border to Tunisia and another 15,000 crossed the border into Egypt, the UN secretary-general, Ban Ki-moon, told the Security Council.

Meanwhile, the Interfax news agency, quoting Russia's emergencies ministry, said the St. Stephan ferry had docked in the central Libyan port of Ras Lanuf, where it is to take aboard 1,126 evacuees, including 124 Russians.

Two Turkish frigates evacuating more than 1,700 people were expected to arrive in Turkey's Mediterranean port of Marmaris late today. Four other Turkish civilian ships, escorted by the Turkish navy, were also on their way to evacuate more people from three Libyan ports, Tripoli, Misrata and Ras Lanuf.

Turkey had up to 30,000 citizens mostly working in construction projects in Libya before the trouble began. It was not clear how many more needed to be evacuated.

ITAR-Tass, quoting the Ukrainian foreign ministry, said a plane carrying 185 evacuees, 122 of them Ukrainian, landed Sunday at Boryspil Airport in Kiev.

More than 2,800 Chinese workers landed in Heraklion on the Greek island of Crete aboard a Greek ship on Saturday. Further to the west, another 2,200 Chinese arrived in Valletta after a long journey from the eastern Libyan port of Benghazi. Hours earlier, in the dark of night, a US-chartered ferry dropped off more than 300 passengers in Valletta who spent three days waiting to leave Libya's chaotic capital.

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Iran's dirty tricks to dodge sanctions

There’s increased scrutiny on the tricks being used to keep commodities flowing to and from blacklisted countries. Here’s a description of how some work.

1 Going Dark

A common method to transport Iranian oil with stealth is to turn off the Automatic Identification System, an electronic device that pinpoints a ship’s location. Known as going dark, a vessel flicks the switch before berthing and typically reappears days later, masking the location of its load or discharge port.

2. Ship-to-Ship Transfers

A first vessel will take its clandestine cargo away from the country in question before transferring it to a waiting ship, all of this happening out of sight. The vessels will then sail in different directions. For about a third of Iranian exports, more than one tanker typically handles a load before it’s delivered to its final destination, analysts say.

3. Fake Destinations

Signaling the wrong destination to load or unload is another technique. Ships that intend to take cargo from Iran may indicate their loading ports in sanction-free places like Iraq. Ships can keep changing their destinations and end up not berthing at any of them.

4. Rebranded Barrels

Iranian barrels can also be rebranded as oil from a nation free from sanctions such as Iraq. The countries share fields along their border and the crude has similar characteristics. Oil from these deposits can be trucked out to another port and documents forged to hide Iran as the origin.

* Bloomberg

Business Insights
  • Canada and Mexico are significant energy suppliers to the US, providing the majority of oil and natural gas imports
  • The introduction of tariffs could hinder the US's clean energy initiatives by raising input costs for materials like nickel
  • US domestic suppliers might benefit from higher prices, but overall oil consumption is expected to decrease due to elevated costs
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Label: Warner Records

Number of tracks: 11

Rating: 4/5

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Khalid Essa, Ali Khaseif, Fahad Al Dhanhani, Adel Al Hosani, Bandar Al Ahbabi, Mohammad Barghash, Salem Rashid, Khalifa Al Hammadi, Shaheen Abdulrahman, Hassan Al Mahrami, Walid Abbas, Mahmoud Khamis, Yousef Jaber, Majed Sorour, Majed Hassan, Ali Salmeen, Abdullah Ramadan, Abdullah Al Naqbi, Khalil Al Hammadi, Fabio De Lima, Khalfan Mubarak, Tahnoon Al Zaabi, Ali Saleh, Caio Canedo, Ali Mabkhout, Sebastian Tagliabue, Zayed Al Ameri

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Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
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W. W. Norton & Company

Business Insights
  • As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses. 
  • SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income. 
  • Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
Wicked
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WHAT IS A BLACK HOLE?

1. Black holes are objects whose gravity is so strong not even light can escape their pull

2. They can be created when massive stars collapse under their own weight

3. Large black holes can also be formed when smaller ones collide and merge

4. The biggest black holes lurk at the centre of many galaxies, including our own

5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed

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Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
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Founder/CEO: Mohammed Toraif

Based: Manama, Bahrain

Sector: Sales, Technology, Conservation

Size: (employees/revenue) 4/ 5,000 downloads

Stage: 1 ($100,000)

Investors: Two first-round investors including, 500 Startups, Fawaz Al Gosaibi Holding (Saudi Arabia)

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When: Friday, 2pm
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