Politics
The Yemeni platform (PTOC) exposes Houthi leaders involved in money laundering
A report by the Organized Crime and Money Laundering Tracking Platform in Yemen (PTOC) revealed today (Tuesday) the involvement of Houthi leaders in a money laundering operation
A report by the Organized Crime and Money Laundering Tracking Platform in Yemen (PTOC) revealed today (Tuesday) the involvement of Houthi leaders in money laundering, terrorism financing, and circumventing international sanctions with the aim of prolonging the war and controlling key sectors of the Yemeni economy.
The report, titled “The Secret Financial Entities of the Houthis,” which tracks the Houthis’ internal and external funding sources, stated that it obtained data, documents, and evidence proving the involvement of hundreds of exchange companies, commercial companies, and official entities that were secretly established by Houthi leaders recently for the purpose of providing financial resources to the militia and the illicit enrichment of a number of their terrorist leaders at the expense of the suffering of the Yemeni people. It confirmed that Al-Rawda Exchange Company, owned by Mohammed Al-Houri and Yasser Ali Al-Houri, was established by the Houthis in 2019 with the aim of imposing control over the exchange and money transfer market and facilitating the transfer and laundering of the Houthi militia’s funds.
The report stated that the Houthis worked to empower the company under the cover of the Central Bank in Sana'a, which is controlled by the militia, and established a unified financial network, canceling the rest of the independent exchange networks and even disrupting them, forcing the rest of the networks and money changers to participate in it to circumvent international sanctions. It also enabled it to carry out the functions of the Central Bank, and the volume of its financial movement reached more than 2.5 trillion Yemeni riyals. However, after the US Treasury imposed sanctions on the company, the Houthi leaders worked to change the name of the company to the Mohammed Al-Houri and Ali Awman Solidarity Company in a step to circumvent the sanctions.
The platform stated that Qusay Al-Wazir Company is one of the Houthi companies that facilitates financial transfers for militia leaders inside and outside Yemen. It also reviewed a number of names of Houthi leaders involved in money laundering, including Zaid Ali Al-Sharafi, who works within complex financial networks and owns, along with his brother, nephew, and family members, and manages several companies and factories. In addition, Nabil Ahmed Al-Jawzi, the son-in-law of the head of the Department of Economy and Financial Affairs in the Houthi security and intelligence apparatus, the leader Khaled Mohammed Khalil, is responsible for importing non-essential food items to obtain large financial revenues. Also, Ali Salem Al-Saifi was appointed during 2015 as Undersecretary of the Ministry of Interior for Financial and Administrative Affairs from outside the Ministry of Interior's staff, after he was imposed as the financial officer of the ministry to manage the funds, budget, and investments of the Ministry of Interior, which are estimated at tens of billions of riyals.
She pointed out that Hussein Saleh Ayda Al-Mutai’i is one of the prominent traders in the Houthi militia, and one of the influential figures in the field of oil derivatives trade, and he owns a complex financial network that is harnessed to serve the Houthis through a group of different import and export companies, especially in the fields of oil derivatives, spare parts, and agricultural pesticides.
Politics
Saudi Defense Minister in Washington to strengthen strategic partnership
Defense Minister Prince Khalid bin Salman arrived in Washington on an official visit aimed at strengthening the strategic partnership between the two countries and discussing key security issues in the region.
His Royal Highness Prince Khalid bin Salman bin Abdulaziz, Minister of Defense, and his accompanying delegation arrived in Washington, D.C., for an official visit of particular importance given the rapid geopolitical developments in the Middle East and the world. This visit underscores the depth of the strategic relationship that has bound the Kingdom of Saudi Arabia and the United States for decades.
Historical background of a long-standing partnership
This visit represents another link in a long chain of high-level communication and coordination between Riyadh and Washington. The roots of this partnership stretch back more than eight decades, built on fundamental pillars including cooperation in the fields of energy, security, and defense. This relationship has proven its ability to adapt to international changes and has formed a cornerstone in maintaining regional stability and confronting shared threats, from combating terrorism to securing vital waterways for global trade.
The importance of the visit and its expected impact
The visit of His Highness the Minister of Defense comes at a critical time, as the agenda for the talks is expected to focus on a number of pressing issues. Regionally, the discussions are believed to address ways to strengthen joint efforts to achieve stability in the region, including the situation in the Gaza Strip, maritime security in the Red Sea, the Iranian nuclear program, and support for political solutions to the crises in Yemen and Syria. These discussions aim to unify perspectives and coordinate positions to effectively confront these challenges.
Strengthening defense and security cooperation
On the bilateral level, the visit aims to explore ways to strengthen relations between the two friendly countries, particularly in the defense and military fields. This includes reviewing existing cooperation programs, discussing the development of the Kingdom's defense capabilities, and coordinating efforts in combating terrorism and extremism. Military cooperation between the two countries is a cornerstone of the regional security system, encompassing joint exercises and intelligence sharing, which contributes to enhancing the efficiency and readiness of the armed forces in both countries. This visit is not merely a protocol meeting, but a significant strategic milestone for reaffirming mutual commitments and outlining the next phase of cooperation to address global challenges and ensure a secure and stable future for the region and the world.
Politics
The European Union lists Iran's Revolutionary Guard as a terrorist organization
The European Union has added Iran's Islamic Revolutionary Guard Corps (IRGC) to its list of terrorist organizations in response to the crackdown on protests. Learn about the background of the decision and its implications for relations with Iran.
In a significant escalation, the European Union officially designated Iran’s Islamic Revolutionary Guard Corps (IRGC) as a terrorist organization. This decision, taken on Thursday, is a direct response to the IRGC’s role in the violent crackdown on widespread protests in Iran, opening a new chapter of tension in relations between Brussels and Tehran.
Historical background and role of the Revolutionary Guard
The Iranian Islamic Revolutionary Guard Corps (IRGC) was established following the 1979 Islamic Revolution. It is not merely a conventional military force, but a powerful institution deeply entrenched in all aspects of the Iranian political and economic state. Its primary mission is to protect the Islamic regime, and it possesses its own ground, naval, and air forces, in addition to controlling Iran's ballistic missile program. Its influence extends beyond Iran's borders through the Quds Force, its external arm responsible for military and intelligence operations in the region, making it a pivotal player in numerous regional conflicts.
Widespread protests as a catalyst
The spark that ignited this European decision was the protests that erupted across Iran in late 2022 following the death of young Mahsa Amini while in the custody of the morality police. These demonstrations, which began as protests against the mandatory hijab laws, quickly transformed into a widespread movement demanding regime change. The Iranian authorities responded with brutal repression, with international human rights organizations documenting the killing of hundreds and the arrest of thousands of protesters. The Revolutionary Guard and its Basij militia played a key role in these repressive operations.
Details of the European decision and reactions
The European decision was not merely symbolic; it included a package of concrete punitive measures. The 27-member bloc agreed to impose visa bans and asset freezes on 21 Iranian officials and entities linked to the crackdown on protests. Commenting on the decision, European Commission President Ursula von der Leyen welcomed the move, asserting that “terrorism is the correct term for a regime that represses its own people with bloodshed.”.
Tehran's response and warning of consequences
Tehran reacted to the European decision with strong rejection and anger, warning of “grave consequences.” The Iranian Foreign Ministry condemned the move, describing it as a “major strategic mistake” and an irresponsible act. The Iranian armed forces accused the European Union of succumbing to American and Israeli pressure, asserting that the decision reflects “deep hostility” toward Iran. Tehran affirmed its right to retaliate against this move, which it described as “hostile and provocative.”.
The importance and expected impact of the decision
This designation puts the European Union on a more hardline path toward Iran, aligning it with the US position, which designated the Islamic Revolutionary Guard Corps (IRGC) as a foreign terrorist organization in 2019. In practice, the decision criminalizes any financial dealings or material support for the IRGC within EU member states and allows for the seizure of its assets. It also significantly complicates any future attempts to revive the nuclear agreement (the Joint Comprehensive Plan of Action), as negotiating with a designated terrorist entity becomes extremely difficult, both politically and legally. Analysts believe this move could further isolate Iran internationally and destabilize the region.
Politics
A new US destroyer is in the Middle East to deter regional threats
The US Navy has sent the destroyer 'Delbert D. Black' to reinforce its military presence in the Middle East, bringing the number of destroyers to 6 to counter escalating tensions and ensure maritime security.
In a move reflecting escalating tensions in the Middle East, U.S. Department of Defense (Pentagon) officials announced the deployment of an additional destroyer to the region to bolster the U.S. Navy's military presence. The sources explained that the USS Delbert D. Black, an advanced Arleigh Burke-class destroyer, entered the Fifth Fleet's area of operations within the past 48 hours to support efforts to ensure the security and stability of vital waterways.
This move comes amid a significant US military buildup in the region, bringing the number of US destroyers deployed in the Middle East to six with the addition of this destroyer. This naval force operates alongside an aircraft carrier and three other warships, forming a substantial deterrent force aimed at protecting US and allied interests and countering any potential threats to freedom of international navigation, particularly in the Strait of Hormuz and the Bab el-Mandeb Strait.
Historical background and strategic context
The American military presence in the Middle East is not new; it has existed for decades and is closely linked to global energy security. The U.S. Fifth Fleet is based in Bahrain, and its primary mission is to secure the strategic waterways through which a significant portion of the world's oil passes. Recent years have seen a series of security incidents, including attacks on oil tankers and the seizure of commercial vessels, prompting the United States to increase the frequency of its patrols and bolster its military capabilities in the region to counter what it describes as "destabilizing activities.".
Importance and expected effects
The deployment of an additional destroyer carries multiple messages on various levels. Regionally , it serves as a clear deterrent to adversaries and reaffirms Washington's commitment to the security of its Gulf allies and Israel. It also aims to reassure international partners that the United States remains a key player in maintaining regional security. Internationally , the stability of the Middle East is vital to the global economy. Any disruption to energy supplies resulting from a potential conflict could lead to a sharp rise in oil prices, negatively impacting economies worldwide. Therefore, this military buildup is seen as a precautionary measure to safeguard the stability of global markets. However, some analysts believe that this increased military buildup could raise the risk of miscalculation and lead to an unintended confrontation, keeping the region on the brink of perpetual tension.
CBS News was the first to report the deployment of the additional warship, at a time when there are increasing indications that the United States is continuing to strengthen its military presence in anticipation of any security developments, and to emphasize its readiness to respond firmly to any hostile act targeting its forces or interests in this vital region of the world.
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