• The GCC Financial Forum 2019
Putin rejects US claim Russia breaking treaty

Putin rejects US claim Russia breaking treaty

President Vladimir Putin yesterday dismissed US claims Russia is violating a major Cold War treaty limiting mid-range nuclear arms, as a senior general lashed out at Washington’s attempts to “contain” Moscow. The tense rhetoric comes a day after Secretary of State Mike Pompeo said Washington would withdraw from the Intermediate-Range Nuclear Forces treaty (INF) within 60 days if Russia does not dismantle missiles that the US claims breach the deal.

“First the American side stated its intention to withdraw from the treaty... then it began to look for the justifications for doing so,” Putin said in comments carried by Russian news agencies. “The primary justification is that we are violating something. At the same time, as usual, no evidence of violations on our part has been provided,” he said. The comments echoed earlier statements from the Russian foreign ministry, which dismissed the accusations against Moscow as “groundless”.

In October, President Donald Trump sparked global concern by declaring the United States would pull out of the deal and build up America’s nuclear stockpile “until people come to their senses”. But on Monday, the US leader said he wants talks with Putin and his Chinese counterpart Xi Jinping “to head off a major and uncontrollable arms race”. Kremlin spokesman Dmitry Peskov said facts had been distorted “in order to camouflage the true goal of the US withdrawing from the treaty”.

Meanwhile, the Russian Army Chief of Staff Vasily Gerasimov said that Moscow would increase the capabilities of its ground-based strategic nuclear arms. “One of the main destructive factors complicating the international situation is how the US is acting as it attempts to retain its dominant role in the world,” he said in comments released by the defence ministry. “It is for these purposes that Washington and its allies are taking comprehensive, concerted measures to contain Russia and discredit its role in international affairs.”




US, China open trade talks in Beijing

US, China open trade talks in Beijing

US and Chinese negotiators kicked off two days of high-level trade talks in Beijing yesterday hoping to resolve a festering dispute that has cast a shadow over financial markets and the global growth outlook. Pressure to seal an accord

Saudi crown prince to visit Indonesia

Saudi crown prince to visit Indonesia

Indonesia will host Saudi Arabian Crown Prince Mohammed bin Salman for a state visit next week, Jakarta said yesterday, part of an Asian tour that includes stops in Pakistan, India and Malaysia. His two-day visit to the world’s b

Bahrain ready for Sports Day

Bahrain ready for Sports Day

The Kingdom of Bahrain is all set to embrace another major sporting event as the 2019 Bahrain Sports Day kicks off in different parts of Bahrain today. Organisations representing government and non-government parties, including ministr


Archaeologists discover Incan tomb

Archaeologists discover Incan tomb

Peruvian archaeologists discovered an Incan tomb in the north of the country where an elite member of the pre-Columbian empire was buried, one of the investigators announced Friday. The discovery was made on the Mata Indio dig site in the northern Lambayeque region, archaeologist Luis Chero told

India mourns dead soldiers

India mourns dead soldiers

Thousands of mourners across India attended funerals yesterday for some of the 41 soldiers killed in a suicide bombing in Indian-administered Kashmir as a round-the-clock curfew remained in force in part of the restive region. The paramilitary troops were killed on Thursday as explosives packed i

Disarmament must include China: Merkel

Disarmament must include China: Merkel

China must be involved in international disarmament efforts, German Chancellor Angela Merkel said yesterday, amid rising concern about Beijing’s missile arsenal and the suspension of a key US-Russia arms treaty. “Disarmament is something that concerns us all and where we would

GAA gets nod to purchase new full flight simulator

GAA gets nod to purchase new full flight simulator

The Gulf Aviation Academy (GAA) Board of Directors approved ambitious expansion plans for 2019 during a regular meeting chaired by the Minister of Transportation and Telecommunications and GAA Chairman, Kamal Ahmed. The plans include purchasing a fourth Airbus A320 Full Flight Simulator (FFS) and

Workshop focuses on VAT challenges for SMEs

Workshop focuses on VAT challenges for SMEs

Adopting proper VAT procedures can take up to four months while careful planning will help SMEs avoid common pitfalls, VAT experts observed. This came as Tamkeen held a workshop titled ‘The Roll-out of VAT in Bahrain’. The event, co-hosted by Tamkeen and Sage, with participati

Broadening tourism horizons

Broadening tourism horizons

In line with its efforts to attract tourists from across the world to the Kingdom, the Bahrain Tourism and Exhibitions Authority (BTEA) officially inaugurated its latest representative office in Kuwait, which was announced during a press conference held at the Four Seasons Hotel, Kuwait.

Bahrain attends Munich Security Conference

Bahrain attends Munich Security Conference

The Ambassador of the Kingdom, Abdulla Abdullatif Abdullah, chaired the Kingdom’s delegation participating in the 55th Munich Security Conference (MSC), held in Munich from February 15 to17, with the participation of a number of heads of states and governments as well as foreign and de

Sinai blast condemned

Sinai blast condemned

Bahrain yesterday condemned the terrorist attack that targeted a security checkpoint in North Sinai, Egypt, which resulted in the martyrdom and injury of a number of security officers. The Ministry of Foreign Affairs expressed its sincere condolences to the families of the victims and wished the

IS on brink of defeat

IS on brink of defeat

A US-backed force in Syria is closing in on Daesh militants in a tiny area less than a square kilometer (square mile) in eastern Syria, and will soon declare the defeat of the militant group, a commander with the group said Saturday. The capture of the last pocket still held by Daesh figh

Rita Ora among £3.4m fraud victims

Rita Ora among £3.4m fraud victims

An accountant has admitted defrauding high-profile clients, including pop star Rita Ora, out of about £3.4m. Andrew Munday, 37, targeted the former X Factor judge and others, using the money from the fraud to buy houses. His offe

Katy Perry, Orlando Bloom engaged

Katy Perry, Orlando Bloom engaged

Singer Katy Perry says she got engaged to actor Orlando Bloom on Valentine’s Day this year, following a three-year on-off romance. The “Part of me” hitmaker on Friday took to Instagram to share the news, reports daily