Tag Archives: TGLF

Airbus and Qatar Airways settle bitter A350 jet row

PARIS, Feb 1 (Reuters) – Airbus (AIR.PA) and Qatar Airways have settled a dispute over grounded A350 jets, the companies said on Wednesday, averting a potentially damaging UK court trial after a blistering 18-month feud that tore the lid off the global jet market.

The “amicable and mutually agreeable settlement” ends a $2 billion row over surface damage on the long-haul jets. The spat led to the withdrawal of billions of dollars’ worth of jet deals by Airbus and prompted Qatar to increase purchases from Boeing.

The cancelled orders for 23 undelivered A350s and 50 smaller A321neos have been restored under the new deal, which is also expected to see Airbus pay several hundred million dollars to the Gulf carrier, while winning a reprieve from other claims.

Financial details were not publicly disclosed.

The companies said neither admitted liability. Both pledged to drop claims and “move forward and work together as partners”.

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The deal heads off what amounted to an unprecedented public divorce trial between heavyweights in the normally tight-knit and secretive $150 billion jet industry.

The two sides had piled up combined claims and counter-claims worth about $2 billion ahead of the June trial.

French Finance Minister Bruno Le Maire welcomed the deal, which came in the wake of increasing political involvement amid close ties between France, where Airbus is based, and Qatar.

“It is the culmination of significant joint efforts. It is excellent news for the French aerospace industry,” he said.

Airbus shares closed up 1% before the announcement.

Qatar Airways had taken the unusual step of publicly challenging the world’s largest planemaker over safety after paint cracks exposed gaps in a sub-layer of lightning protection on its new-generation A350 carbon-composite jets.

Airbus had acknowledged quality flaws but, backed by European regulators, had insisted that the jets were safe and accused the airline of exaggerating flaws to win compensation.

DAMAGES

Supported by a growing army of lawyers, both sides repeatedly bickered in preliminary hearings over access to documents, to the growing frustration of a judge forced to order co-operation.

Analysts said the deal would allow both sides to feel vindicated, with Qatar Airways winning damages and recognition that the problem lay outside the manual and therefore required a new repair, and Airbus standing its ground on safety and spared the difficult task of finding a home for cancelled A350s.

Qatar will get the in-demand A321neos needed to plan its growth, albeit three years later than expected, in 2026. Airbus’ decision to revoke that order, separate from the disputed A350 contract, had been criticised by global airlines group IATA.

Airbus said it had done its best to avoid pushing Qatar too far back in the queue, though some experts question whether it could have met the earlier schedule because of supply problems.

The settlement is also expected to stop the clock ticking on a claim for grounding compensation that had been growing by $6 million a day, triggered by a clause agreed upon after the repainting of a jet for the World Cup revealed significant surface damage.

Originally valued at $200,000 per day per plane, Airbus’ theoretical liability was ratcheting upwards by a total of $250,000 an hour for 30 jets – or $2 billion a year – by the time the deal was struck, based on court filings. Neither side commented on settlement details.

Airbus said it would now work with the airline and regulators to provide the necessary “repair solution” and return Qatar’s 30 grounded planes to the air.

Confirmation of a settlement came after Reuters reported a deal could arrive as early as Wednesday. In 2021, a Reuters investigation revealed other airlines had been affected by A350 skin degradation, all of whom said it was “cosmetic”.

The dispute has focused attention on the design of modern carbon-fibre jets, which do not interact as smoothly with paint as traditional metal ones, and shed light on industrial methods.

Additional reporting by Leigh Thomas, Michel Rose
Editing by David Goodman, Diane Craft and Gerry Doyle

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Adani’s $2.5 bln share offer backed by investors, despite short-seller attack

MUMBAI, Jan 31 (Reuters) – Indian billionaire Gautam Adani’s $2.5 billion share sale inched closer to full subscription on Tuesday as investors pumped in funds after a tumultuous week for his group in which its stocks were pummeled by a scathing short-seller report.

The secondary share sale of flagship Adani Enterprises (ADEL.NS) was subscribed 93% on Tuesday, including the anchor investor portion, Indian stock exchange data showed. The share sale needed at least 90% subscription to go through.

By Monday, the book building process of the country’s largest share sale had received only 3% in bids, amid swirling concerns that the share sale could struggle due to a market rout in Adani’s stocks in recent days.

The share sale is critical for Adani, not just because it is India’s largest follow-on offering and will help cut debt, but also because its success will be seen as a stamp of confidence by investors at a time the tycoon faces one of his biggest business and reputational challenges of recent times.

The offer closes days after Adani’s public faceoff with Hindenburg Research, which on Jan. 24 flagged concerns about the use of tax havens and “substantial debt” at the group. It added that shares in seven Adani listed companies have an 85% downside due to what it called “sky-high valuations”.

That has since sparked $65 billion in cumulative losses for stocks of the Adani group, which called the report baseless.

The support for Adani’s share sale came even as the flagship’s shares were trading at 2,967 rupees, up nearly 2.5% but below the lower end of the share sale price band of 3,112 rupees.

“It looks down to the wire with just a few hours remaining on the last day, but the offering should go through. Institutions seem to be subscribing to capitalise on opportunity to buy in bulk quantities outside the open market,” said Dipan Mehta, founder director of Elixir Equities.

Adani Group’s total gross debt in the financial year ended March 31, 2022, rose 40% to 2.2 trillion rupees ($26.83 billion). Adani said on Sunday – while responding to Hindenburg’s allegations – that over the past decade the group has “consistently de-levered”. Hindenburg later said Adani’s “response largely confirmed our findings and ignored our key questions.”

Reuters Graphics

The group had in recent days repeatedly said investors were standing by its side and the share offering would go through, amid rising concerns that may not happen. Bankers at one point had considered tweaking the pricing of the issue, or extending the sale, Reuters had reported.

Adani even said the Hindenburg report was a “calculated attack” on the country and its institutions while its CFO compared the market rout of its stocks to a colonial-era massacre.

Demand from retail investors remained muted, garnering bids only worth around 10% of the shares on offer for that segment. On Tuesday, demand mostly came from foreign institutional investors, as well as corporates who bid in excess of 1 million rupees each, data showed.

Over the weekend and through Monday, Adani’s firm held extensive discussions with investment bankers and institutional investors to attract subscriptions, according to two sources with direct knowledge of the talks.

Abu Dhabi conglomerate International Holding Company (IHC.AD) said it will invest $400 million in the issue.

“The follow-on public offering has to go through to restore investor confidence,” said V. K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

The Hindenburg report and its fallout have drawn global attention. Adani is now the world’s eighth richest person, down from third ranking on Forbes’ rich list last week.

Adani Transmission (ADAI.NS) rose 1.6% on Tuesday, after losing 38% since the Hindenburg report, while Adani Ports and Special Economic Zone (APSE.NS) climbed 3.2%.

Adani Total Gas (ADAG.NS) languished at its 10% lower price limit, while Adani Power (ADAN.NS) and Adani Wilmar (ADAW.NS) were down 5% each.

Reuters Graphics

Global index publisher FTSE Russell said on Tuesday it continues to monitor publicly available information on the group, in particular from the Indian regulatory authorities.

Hindenburg said in its report it had shorted U.S.-bonds and non-India traded derivatives of the Adani Group. On Tuesday, U.S. dollar-denominated bonds issued by Adani Ports and Special Economic Zone continued their fall into a second week.

($1 = 82.0025 Indian rupees)

Reporting by M. Sriram and Chris Thomas; Editing by Aditya Kalra and Muralikumar Anantharaman

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Iran thwarts drone attack on military site – state media

DUBAI, Jan 29 (Reuters) – A loud explosion at a military plant in Iran’s central city of Isfahan was caused by an “unsuccessful” drone attack, Iranian state media reported on Sunday, citing the defence ministry.

“One of (the drones) was hit by the … air defence and the other two were caught in defence traps and blew up. Fortunately, this unsuccessful attack did not cause any loss of life and caused minor damage to the workshop’s roof,” the ministry said in a statement carried by the state news agency IRNA.

Iranian news agencies earlier reported the loud blast and carried a video showing a flash of light at the plant, said to be an ammunitions factory, and footage of emergency vehicles and fire trucks outside the plant.

In July, Iran said it had arrested a sabotage team made up of Kurdish militants working for Israel who planned to blow up a “sensitive” defence industry centre in Isfahan.

The announcement came amid heightening tensions with arch-enemy Israel over Tehran’s nuclear programme. Israel says Iran is seeking to develop nuclear weapons. Tehran denies this.

“(The attack) has not affected our installations and mission…and such blind measures will not have an impact on the continuation of the country’s progress,” the defence ministry statement said.

There have been a number of explosions and fires around Iranian military, nuclear and industrial facilities in the past few years.

In 2021, Iran accused Israel of sabotaging its key Natanz nuclear site and vowed revenge for an attack that appeared to be the latest episode in a long-running covert war.

The blasts at sensitive Iranian sites have at times caused concern amid tensions over Iran’s nuclear programme with Israel and the United States.

Israel has long threatened military action against Iran if indirect talks between Washington and Tehran fail to salvage a 2015 nuclear pact.

Reporting by Dubai newsroom; Editing by Daniel Wallis, Cynthia Osterman and Josie Kao

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Exclusive: Top U.S. Treasury official to warn UAE, Turkey over sanctions evasion

WASHINGTON, Jan 28 (Reuters) – The U.S. Treasury Department’s top sanctions official on a trip to Turkey and the Middle East next week will warn countries and businesses that they could lose U.S. market access if they do business with entities subject to U.S. curbs as Washington cracks down on Russian attempts to evade sanctions imposed over its war in Ukraine.

Brian Nelson, undersecretary for terrorism and financial intelligence, will travel to Oman, the United Arab Emirates and Turkey from Jan. 29 to Feb. 3 and meet with government officials as well as businesses and financial institutions to reiterate that Washington will continue to aggressively enforce its sanctions, a Treasury spokesperson told Reuters.

“Individuals and institutions operating in permissive jurisdictions risk potentially losing access to U.S. markets on account of doing business with sanctioned entities or not conducting appropriate due diligence,” the spokesperson said.

While in the region, Nelson will discuss Treasury’s efforts to crack down on Russian efforts to evade sanctions and export controls imposed over its brutal war against Ukraine, Iran’s destabilizing activity in the region, illicit finance risks undermining economic growth, and foreign investment.

The trip marks the latest visit to Turkey by a senior Treasury official to discuss sanctions, following a string of warnings last year by Treasury and Commerce Department officials, as Washington ramped up pressure on Ankara to ensure enforcement of U.S. curbs on Russia.

STRAINED RELATIONS

Nelson’s trip coincides with a period of strained ties between the United States and Turkey as the two NATO allies disagree over a host of issues.

Most recently, Turkey’s refusal to green-light the NATO bids of Sweden and Finland has troubled Washington, while Ankara is frustrated that its request to buy F-16 fighter jets is increasingly linked to whether the two Nordic countries can join the alliance.

Nelson will visit Ankara, the Turkish capital, and financial hub Istanbul on Feb. 2-3. He will warn businesses and banks that they should avoid transactions related to potential dual-use technology transfers, which could ultimately be used by Russia’s military, the spokesperson said.

Dual-use items can have both commercial and military applications.

Washington and its allies have imposed several rounds of sanctions targeting Moscow since the invasion, which has killed and wounded thousands and reduced Ukrainian cities to rubble.

Turkey has condemned Russia’s invasion and sent armed drones to Ukraine. At the same time, it opposes Western sanctions on Russia and has close ties with both Moscow and Kyiv, its Black Sea neighbors.

It has also ramped up trade and tourism with Russia. Some Turkish firms have purchased or sought to buy Russian assets from Western partners pulling back due to the sanctions, while others maintain large assets in the country.

But Ankara has pledged that international sanctions will not be circumvented in Turkey.

Washington is also concerned about evasion of U.S. sanctions on Iran.

The United States last month imposed sanctions on prominent Turkish businessman Sitki Ayan and his network of firms, accusing him of acting as a facilitator for oil sales and money laundering on behalf of Iran’s Revolutionary Guard Corps.

While in the United Arab Emirates, Nelson will note the “poor sanctions compliance” in the country, the spokesperson said.

Washington has imposed a series of sanctions on United Arab Emirates-based companies over Iran-related sanctions evasion and on Thursday designated a UAE-based aviation firm over support to Russian mercenary company the Wagner Group, which is fighting in Ukraine.

(This story has been corrected to change headline to UAE, Turkey, not Middle East; adds Turkey in paragraph 1)

Reporting by Daphne Psaledakis and Humeyra Pamuk
Editing by Don Durfee and Leslie Adler

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EV maker Lucid surges on report Saudi PIF to buy remaining stake

Jan 27 (Reuters) – Lucid Group’s (LCID.O) shares surged 43% on Friday, paring gains after doubling on market speculation that Saudi Arabia’s Public Investment Fund (PIF) wanted to buy out the electric vehicle maker.

The speculation originated from an “uncooked” alert attributed to deals website Betaville, using its term for market gossip. Lucid was the sixth-most traded stock on U.S. exchanges and third top mover on the Nasdaq mid-afternoon.

The PIF, the sovereign wealth fund that owns more than 65% of Newark, California-based Lucid, did not immediately respond to a request for comment. Lucid declined to comment.

In 2018, PIF was interested in taking Tesla private, but the deal did not materialize. Tesla chief Elon Musk is under trial for allegedly misleading investors with his tweet “funding secured” for taking the company private.

Lucid has been struggling to deliver its sleek Air luxury EVs after delivering 4,369 vehicles last year.

With Tesla’s price cuts, money-losing U.S. startups like Rivian Automotive Inc (RIVN.O) and Lucid will find it difficult to grab share in an industry competing for shrinking consumer wallets.

Lucid’s short interest as a percentage of its total float is around 37% versus only 3.5% for Tesla. Still, in dollar amounts, Lucid’s short interest totals $1.6 billion, versus $15.01 billion of Musk’s car maker.

Short sellers dealt a mark-to-market loss of $685 million with Lucid’s shares spike on Friday, analytics firm S3 Partners added. Losses, however, only materialize if short sellers close out their positions.

“With Lucid short sellers’ mark-to-market losses climbing, we should expect short covering to begin in earnest after today’s short-side blood bath,” said Ihor Dusaniwsky, managing director of S3, adding it has become a popular trading position.

One long-short fund manager who had no previous exposure to Lucid said it decided to short it as this person believes the spike was solely based on rumors.

Reporting by Carolina Mandl, in New York, Chavi Mehta in Bengaluru and Hyun Joo Jin; Editing by Maju Samuel and Josie Kao

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EU wants to send more migrants away as irregular arrivals grow

  • EU border agency says 2022 irregular arrivals highest since 2016
  • Ministers discuss stepping up returns to states including Iraq
  • Hardline migration ideas return to fore
  • Top EU migration official says no money for ‘walls and fences’

STOCKHOLM, Jan 26 (Reuters) – European Union ministers on Thursday sought ways to curb irregular immigration and send more people away as arrivals rose from pandemic lows, reviving controversial ideas for border fences and asylum centres outside of Europe.

EU border agency Frontex reported some 330,000 unauthorised arrivals last year, the highest since 2016, with a sharp increase on the Western Balkans route.

“We have a huge increase of irregular arrivals of migrants,” Home Affairs Commissioner Ylva Johansson told talks among the 27 EU migration ministers. “We have a very low return rate and I can see we can make significant progress here.”

Denmark, the Netherlands and Latvia were among those to call for more pressure through visas and development aid towards the roughly 20 countries – including Iraq and Senegal – that the EU deems fail to cooperate on taking back their nationals who have no right to stay in Europe.

Only about a fifth of such people are sent back, with insufficient resources and coordination on the EU side being another hurdle, according to the bloc’s executive.

The ministerial talks come ahead of a Feb. 9-10 summit of EU leaders who will also seek more returns, according to their draft joint decision seen by Reuters.

“The overall economic malaise makes countries like Tunisia change from a transit country to a country where locals also want to go,” said an EU official. “That changes things. But it’s still very manageable, especially if the EU acts together.”

‘WALLS AND FENCES’

That, however, is easier said than done in the bloc, where immigration is a highly sensitive political issue and member countries are bitterly divided over how to share the task of caring for those who arrive in Europe.

The issue has become toxic since more than a million people crossed the Mediterranean in 2015 in chaotic and deadly scenes that caught the bloc off guard and fanned anti-immigration sentiment.

The EU has since tightened its external borders and asylum laws. With people on the move again following the COVID pandemic, the debate is returning to the fore, as are some proposals previously dismissed as inadmissible.

Denmark has held talks with Rwanda on handling asylum applicants in East Africa, while others called for EU funds for a border fence between Bulgaria and Turkey – both ideas so far seen as taboo.

“We are still working to make that happen, preferably with other European countries but, as a last resort, we’ll do it only in cooperation between Denmark and, for example Rwanda,” Immigration Minister Kaare Dybvad said on Thursday.

Dutch minister Eric van der Burg said he was open to EU financing for border barriers.

“EU member states continue making access to international protection as difficult as possible,” the Danish Refugee Council, an NGO, said in a report on Thursday about what it said were systemic pushbacks of people at the bloc’s external borders, a violation of their right to claim asylum.

While EU countries protest against irregular immigration, often comprising Muslims from the Middle East and North Africa, Germany is simultaneously seeking to open its job market to much-needed workers from outside the bloc.

“We want to conclude migration agreements with countries, particularly with North African countries, that would allow a legal route to Germany but would also include functioning returns,” Interior Minister Nancy Faeser said in Stockholm.

Additional reporting by Philip Blenkinsop and Bart Meiejer, Writing by Gabriela Baczynska, Editing by Bernadette Baum

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EU imposes new Iran sanctions, won’t brand Guards ‘terrorists’ for now

BRUSSELS, Jan 23 (Reuters) – The European Union on Monday imposed sanctions on more than 30 Iranian officials and organisations, including units of the powerful Revolutionary Guards, blaming them for a “brutal” crackdown on protesters and other human rights abuses.

The United States and Britain have also issued new sanctions against Iran, reflecting a deterioration in the West’s already dire relations with Tehran in recent months.

Foreign ministers from the EU’s 27 member countries agreed the measures at a meeting in Brussels.

The sanctions targeted units and senior officials of the Islamic Revolutionary Guard Corps (IRGC) across Iran, including in Sunni-populated areas where the state crackdown has been intense, a list published in the EU’s Official Journal showed.

Some EU governments and the European Parliament have made clear they want the IRGC as a whole added to the bloc’s list of terrorist organisations. But the EU’s foreign policy chief, Josep Borrell, noted that could only happen if a court in an EU country determined the IRGC was guilty of terrorism.

“You cannot say ‘I consider you a terrorist because I don’t like you’,” he told reporters ahead of the Brussels talks.

The new sanctions were imposed on 18 people and 19 entities. Those targeted cannot travel to the EU and any assets they hold inside the EU can be frozen.

Relations between the EU and Tehran have spiralled downwards during stalled efforts to revive talks on its nuclear programme and as Iran has moved to detain several European nationals.

The bloc has also become increasingly critical of the continuing violent treatment of protesters in Iran, including executions, and the transfer of Iranian drones to Russia.

Sweden, which currently holds the EU’s rotating presidency, said the new sanctions targeted “those driving the repression.”

“The EU strongly condemns the brutal and disproportionate use of force by the Iranian authorities against peaceful protesters,” Sweden’s Foreign Minister Tobias Billstrom said in a Twitter post by the country’s EU diplomatic mission.

The IRGC was set up shortly after the 1979 Islamic Revolution to protect the Shi’ite clerical ruling system. It has an estimated 125,000-strong military with army, navy and air units, and commands the Basij religious militia often used in crackdowns.

“The Iranian regime, the Revolutionary Guards terrorise their own population day after day,” German Foreign Minister Annalena Baerbock told Monday’s meeting.

The day before the Brussels meeting, over a thousand people took to the streets of the city to protest against the detention in Iran of Belgian aid worker Olivier Vandecasteele.

Iran earlier warned the EU against designating the IRGC as a terrorist entity.

Reporting by Andrew Gray, Bart Meijer Philip Blenkinsop and Parisa Hafezi, Writing by Ingrid Melander and Gabriela Baczynska, Editing by Peter Graff, Timothy Heritage and John Stonestreet

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Davos 2023: Big Oil in sights of climate activist protests

DAVOS, Switzerland, Jan 16 (Reuters) – Big oil firms came under pressure at the start of the World Economic Forum (WEF) from activists who accused them of hijacking the climate debate, while a Greta Thunberg-sponsored “cease and desist” campaign gained support on social media.

Major energy firms including BP (BP.L), Chevron (CVX.N) and Saudi Aramco (2222.SE) are among the 1,500 business leaders gathering for the annual meeting in the Swiss resort of Davos, where global threats including climate change are on the agenda.

“We are demanding concrete and real climate action,” said Nicolas Siegrist, the 26-year-old organiser of the protest who also heads the Young Socialists party in Switzerland.

The annual meeting of global business and political leaders opens in Davos on Monday.

“They will be in the same room with state leaders and they will push for their interests,” Siegrist said of the involvement of energy companies during a demonstration attended by several hundred people on Sunday.

The oil and gas industry has said that it needs to be part of the energy transition as fossil fuels will continue to play a major role in the world’s energy mix as countries shift to low carbon economies.

On Monday, a social media campaign added to the pressure on oil and gas companies, by promoting a “cease and desist” notice sponsored by climate activists Thunberg, Vanessa Nakate and Luisa Neubauer, through the non-profit website Avaaz.

It demands energy company CEOs “immediately stop opening any new oil, gas, or coal extraction sites, and stop blocking the clean energy transition we all so urgently need”, and threatens legal action and more protests if they fail to comply.

The campaign, which had been signed by more than 660,000 people, had almost 200,000 shares on Monday morning.

Sumant Sinha, who heads one of India’s largest renewable energy firms, said it would be good to include big oil companies in the transition debate as they have a vital role to play.

“If oil people are part of these conversations to the extent that they are also committing to change then by all means. It is better to get them inside the tent than to have them outside the tent,” Sinha, chairman and CEO of ReNew Power, told Reuters, saying that inclusion should not lead to “sabotage”.

Rising interest rates have made it harder for renewable energy developments to attract financing, giving traditional players with deep pockets a competitive advantage.

As delegates began to arrive in Davos, Debt for Climate activists protested at a private airport in eastern Switzerland, which they said would be used by some WEF attendees, and issued a statement calling for foreign debts of poorer countries to be cancelled in order to accelerate the global energy transition.

Additional reporting by Kathryn Lurie; Editing by Alexander Smith and Alex Richardson

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Iran executes British-Iranian accused of spying

  • Alireza Akbari was a former Iranian deputy defence minister
  • Arrested in 2019, he was accused of spying for Britain
  • Execution piles more strain on fraught ties with West
  • UK’s Sunak calls it ‘a callous and cowardly act’
  • U.S. joins UK in condemning ‘barbaric act’

DUBAI/LONDON, Jan 14 (Reuters) – Iran has executed a British-Iranian national who once served as its deputy defence minister, its judiciary said, defying calls from London and Washington for his release after he was handed the death sentence on charges of spying for Britain.

Britain, which had declared the case against Alireza Akbari politically motivated, condemned the execution, with Prime Minister Rishi Sunak calling it “a callous and cowardly act carried out by a barbaric regime”.

Akbari, 61, was arrested in 2019.

The Iranian judiciary’s Mizan news agency reported the execution without saying when it had taken place. Late on Friday, British Foreign Secretary James Cleverly had urged Iran not to follow through with the sentence.

Also condemned by the United States and France, the execution looks set to further worsen Iran’s long-strained relations with the West, which have deteriorated since talks to revive its 2015 nuclear deal hit deadlock and after Tehran unleashed a deadly crackdown on protesters last year.

In an audio recording purportedly from Akbari and broadcast by BBC Persian on Wednesday, he said he had confessed to crimes he had not committed after extensive torture.

“Alireza Akbari, who was sentenced to death on charges of corruption on earth and extensive action against the country’s internal and external security through espionage for the British government’s intelligence service … was executed,” Mizan said.

The Mizan report accused Akbari of receiving payments of 1,805,000 euros ($1.95 million), 265,000 pounds ($323,989.00), and $50,000 for spying.

Cleverly said in a statement the execution would “not stand unchallenged”. He later announced Britain had summoned the Iranian Charge d’Affaires, imposed sanctions on Iran’s prosecutor general, and temporarily withdrawn its ambassador from Tehran for further consultations.

It marks a rare case of the Islamic Republic executing a serving or former senior official. One of the last occasions was in 1984, when Iranian navy commander Bahram Afzali was executed after being accused of spying for the Soviet Union.

British statements on the case have not addressed the Iranian charge that Akbari spied for Britain.

Iran’s foreign ministry summoned the British ambassador over what it called London’s “meddling in Iran’s national security realm”, the state news agency IRNA reported.

Iranian state media, which have portrayed Akbari as a super spy, broadcast a video on Thursday which they said showed he played a role in the 2020 assassination of Iran’s top nuclear scientist, Mohsen Fakhrizadeh, killed in an attack outside Tehran which authorities blamed at the time on Israel.

In the video, Akbari did not confess to involvement in the assassination but said a British agent had asked for information about Fakhrizadeh.

Iran’s state media often airs purported confessions by suspects in politically-charged cases.

Reuters could not establish the authenticity of the state media video and audio, or when or where they were recorded.

Akbari was a close ally of Ali Shamkhani, now the secretary of Iran’s Supreme National Security Council, who was defence minister from 1997 to 2005. Akbari fought during the Iran-Iraq war in the 1980s as a member of the Revolutionary Guards.

Alireza Akbari, Iran’s former deputy defence minister, speaks during an interview with Khabaronline in Tehran, Iran, in this undated picture obtained on January 12, 2023. Khabaronline/WANA (West Asia News Agency)/Handout via REUTERS

Ramin Forghani, a nephew of Akbari, told Reuters the execution had come as a shock.

“I don’t think a person who spent all his life, from an early age, to serve the country – since the Iran-Iraq war – would spy for any country,” he said, noting Akbari had the rank of colonel in the Revolutionary Guards.

Speaking by phone from Luxembourg, he said Akbari’s wife, who lives in London, had tried but failed to persuade Iranian officials to spare his life. Reuters was unable to reach her.

‘DESPICABLE AND BARBARIC’

The U.S. State Department described the execution as politically motivated and unjust. The U.S. ambassador to London called it “appalling and sickening”. French President Emmanuel Macron called it a “despicable and barbaric act”.

Iran’s ties with the West have also been strained by its support for Russia in Ukraine, where Western states say Moscow has used Iranian drones.

Along with other Western states, Britain, which has a long history of fraught ties with Iran, has been fiercely critical of Tehran’s crackdown on anti-government protests, sparked by the death in custody of a young Iranian-Kurdish woman in September.

Iran has issued dozens of death sentences as part of the crackdown, executing at least four people.

A British minister said on Thursday Britain was actively considering proscribing the Revolutionary Guards as a terrorist organisation but had not reached a final decision.

In the recording broadcast by BBC Persian, Akbari said he had made false confessions due to torture.

“With more than 3,500 hours of torture, psychedelic drugs, and physiological and psychological pressure methods, they took away my will. They drove me to the brink of madness… and forced me to make false confessions by force of arms and death threats,” he said.

Amnesty International said the execution displayed again Tehran’s “abhorrent assault on the right to life”. In Akbari’s case, “it is particularly horrific given the violations he revealed he was subjected to in prison”.

The Iranian authorities have not responded to accusations Akbari was tortured.

An Iranian state TV report – details of which Reuters could not independently verify – said he was arrested on espionage charges in 2008 before he was freed on bail and left Iran.

In an interview with BBC Persian broadcast on Friday, Akbari’s brother Mehdi said he had returned to Iran in 2019 based on an invitation from Shamkhani.

($1 = 0.9235 euros)

($1 = 0.8179 pounds)

Reporting by Dubai newsroom, Michael Holden in London, Tassilo Hummel in Paris and Kanishka Singh in Washington; Writing by Tom Perry; Editing by William Mallard, Angus MacSwan, Tomasz Janowski and Christina Fincher

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Syria says Israel strike puts Damascus airport briefly out of service

AMMAN, Jan 2 (Reuters) – The Syrian army said on Monday an Israeli missile strike had briefly put the Damascus International Airport out of service, the latest in a string of strikes targeting Iran-linked assets.

A volley of air-launched missiles had hit the airport at 2 a.m., the army said in a statement. They had come from the direction of Lake Tiberias in Israel.

Missiles had also hit targets in the south of Damascus, killing two members of the Syrian armed forces and causing some damage, the army said.

The transport ministry said in an online statement that workers had removed debris from the strikes and that flights would resume by 9 a.m.

Earlier, two regional intelligence sources said the strikes had hit an outpost near the airport of Iran’s Quds Force and militias it backs. Their presence has spread in Syria in recent years.

The Israel Defence Force did not immediately comment on the attack.

Last year, Israel intensified strikes on Damascus International and other civilian airports to disrupt Tehran’s increasing use of aerial supply lines to deliver arms to allies in Syria and Lebanon, including Hezbollah.

Syria halted flights to and from the airport in June for nearly two weeks after Israeli strikes caused extensive damage to infrastructure, including a runway and a terminal.

Israel fired missiles at Damascus International again in September, when it also struck the country’s second-largest civilian airport in the northern city of Aleppo, putting it out of operation for several days.

Western and regional intelligence sources say Tehran has adopted civilian air transportation as a more reliable means of ferrying military equipment to its forces and to allied fighters in Syria, following Israeli disruption of ground supply.

Israel says its so-called “campaign between wars” in Syria began a decade ago, on Jan 30, 2013, with a strike against Russian-supplied SA-17 air-defence batteries that Damascus had intended to hand over to Hezbollah.

Four such strikes took place that year, but the pace had accelerated to around one a week currently, the chief of Israel’s armed forces, Lieutenant-General Aviv Kohavi, said last month.

Iran’s proxy militias, led by Lebanon’s Hezbollah, now hold sway in vast areas in eastern, southern and northwestern Syria and in several suburbs around the capital.

Syrian President Bashar al-Assad’s government has never publicly acknowledged that Iranian forces operate on his behalf in Syria’s civil war, saying Tehran has only military advisers on the ground.

Kohavi last month claimed credit for an air strike on a convoy that had entered Syria from Iraq, saying the target had been a truck carrying Iranian weaponry. read more

Reporting by Suleiman Al-Khalidi; Editing by Nick Zieminski and Bradley Perrett

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