CR IP TI ON BS SU
MONDAY, FEBRUARY 10, 2014
Kuwait-UK business venture to be established
Hundreds of civilians evacuated from Homs
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www.kuwaittimes.net
RABI ALTHANI 10, 1435 AH
Man United thwarted by last-gasp Fulham goal
Syrian dissident artist paints war’s agony
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Kuwait Airways insists Airbus deal ‘on track’ Assembly panel forms three-MP probe in KAC deals
Max 18º Min 5º High Tide 10:01 & 19:42 Low Tide 03:25 & 14:07
By A Saleh and Agencies
KUWAIT: The Kuwait City skyline shimmers in the distance on a bright winter day on Arabian Gulf Road yesterday. — Photo by Yasser Al-Zayyat
Budget surplus drops as spending rises 18% KUWAIT: Kuwait’s provisional budget surplus shrunk in the first nine months of this fiscal year as spending rose 18 percent and income was unchanged, according to official figures released yesterday. The provisional budget surplus of the OPEC member dropped 11 percent to KD 14.34 billion ($50.7 billion) at the end of December, compared to KD 16.1 billion in the same period of the previous year, according to figures posted on the ministry of finance website. Spending in the nine-month period was KD 9.64 billion compared to just KD 8.16 billion in the same period of the previous fiscal year. Kuwait’s fiscal year runs from April 1 to March 31. Revenues in the first three quarters of the 2013/2014 fiscal year came in at KD 24.0 billion, slightly less than the KD 24.26 billion posted in the same period of the previous year. Oil income, which makes up over 92 percent of total revenues, dropped slightly from KD 22.84 billion in the 2012-2013 fiscal year to KD 22.2 billion in the current year. Spending on development proj-
ects has been hampered by political disputes in recent years, but picked up slightly in recent months with the award of a number of megaprojects worth several billion dollars. Kuwait is projecting spending in the current fiscal year, which ends on March 31, at KD 21.0 billion, with revenues at KD 18.1 billion, leaving a deficit of KD 2.9 billion. Kuwait has projected a deficit in each of the past 14 fiscal years but ended with large surpluses because it assumes a conservative price for oil. In the previous fiscal year, the emirate posted an actual surplus of KD 12.7 billion, following a record KD 13.2 billion surplus in 2011-2012. Thanks to higher than expected income driven by firm oil prices, Kuwait decided for the second year in a row to transfer 25 percent of revenues into the state’s sovereign wealth fund, the assets of which are currently estimated at over $400 billion. Kuwait has a native population of 1.2 million, in addition to 2.7 million foreigners, and pumps about 3.0 million barrels of oil per day. — AFP
MP demands jail for jihadists By B Izzak
Israel slams Iranian ships nearing US JERUSALEM: Israel yesterday denounced an Iranian announcement that it was sending naval ships towards the United States as further evidence that loosening sanctions on Tehran was counterproductive. The move to send warships to the Atlantic was announced by the commander of Iran’s northern naval fleet on Saturday, who described it as a “message”. The ships “have already started their voyage towards the Atlantic Ocean via the waters near South Africa,” said Admiral Afshin Rezayee Haddad, in remarks quoted by Iran’s semi-official Fars news agency. Iranian media reported that two ships - a destroyer and a helicopter transport vessel - had been dispatched on Jan 21. It was not clear how close the ships would travel towards the US maritime border or when they would arrive. But Israeli Prime Minister Benjamin Netanyahu said the dispatch of the warships was clear evidence of Iran’s “aggression” and Continued on Page 13
Star power, foreign policy don’t mix WASHINGTON: Feted actress Scarlett Johansson is denounced as the “poster girl of Israeli apartheid,” Dennis Rodman enters rehab after leaving North Korea, Kim Kardashian is the butt of jokes for tweeting
KUWAIT: A parliamentary investigation into a Kuwait Airways plan to buy and lease aircraft from Airbus will not affect the deal, the state carrier’s chairwoman told a local newspaper in comments published yesterday. Kuwait’s parliament voted on Wednesday to investigate all contracts signed by state-owned Kuwait Airways, which is attempting its biggest overhaul since the 1990 Iraqi invasion. Such parliamentary inquiries are common in Kuwait, where lawmakers in the National Assembly often question large government projects and have delayed or scuppered them in the past. Al-Anbaa newspaper quoted Kuwait Air ways Chairwoman Rasha Al-Roumi as saying the deal would be completed without being delayed. Meanwhile, Al Rai newspaper reported that a company formed in the UAE and owned by a former Kuwaiti minister who now sits on the KAC board was negotiating on behalf of Kuwait Airways. A controversial KD 230 million insurance clause is part of the parliamentary questioning of the deal. In December the loss-making airline signed a provisional agreement with Airbus to buy 25 new aircraft in a deal worth $4.4 billion at list prices without announcing the value of the deal. The order would include the purchase of 10 A350-900 and 15 medium-haul A320neo jets. The airline also aims to lease 12 aircraft from Airbus pending delivery of the new planes. The two companies are now going over technical and legal aspects of the deal, Al-Anbaa said. A final contract will only be signed when an internal Kuwait Airways commission gives the green light, it added. A Kuwait Airways spokesman was not immediately available for comment on the report. Politics and bureaucracy have long complicated Kuwait’s plans to modernise its infrastructure and compete as a Gulf financial hub. Continued on Page 13
her love of Bahrain. When celebrities wander into complex foreign policy issues, it can be a minefield, leaving diplomats and human rights campaigners scrambling for damage control. To be fair, many stars such as Bob
A combo of file photos shows (from left) US actress Scarlett Johansson, former NBA player Dennis Rodman and TV personality Kim Kardashian. — AFP
Geldof, Bono, George Clooney or Angelina Jolie have used their fame - and often their personal fortune - to successfully highlight atrocities or abuses flying under the radar. “Those guys have really got in root and branch and understand the issues in a way that is equal to or better than many human rights or humanitarian professionals,” said Brian Dooley, a director at the advocacy organization Human Rights First. “They can hold an astute conversation and lobby very effectively and more effectively than NGOs can in certain contexts.” But the problem comes when some stars, perhaps naively, accept big-paying engagements that can be used to shine a more favorable light on controversial companies or oppressive regimes. With star power comes a great deal of responsibility and we hold our idols to a higher standard than most other people, said Dooley. “I do feel a bit sorry for them. If you’re a celebrity and you want to use the power of your brand for a good cause, it’s a Continued on Page 13
ical of Islamists, said the draft legislation is needed to safeguard the security of KUWAIT: MP Nabeel Al-Fadl yesterday Kuwait and the region from dangers submitted a draft law stipulating 30 posed by extremist groups who are misyears in jail for Kuwaitis who take part in using religion. The draft law also calls on fighting outside the country and for the interior and foreign ministries to those who instigate and form a joint committee encourage them. The draft that will continually prelaw stipulates a jail term of pare and update lists of between five to 20 years groups that are considered and a fine of between KD dangerous to local security 10,000 and 20,000 for and its members. The comKuwaitis who take part in mittee has no right to combat operations outside exempt any religious Kuwait and those who proextremist groups from the mote, encourage, instigate law, it said. The draft law and support them. The must be passed by court can however choose Assembly committees, between jail and fine. debated and passed by the The same penalty Assembly and accepted by Nabeel Al-Fadl applies to those who the government and belong to “groups or organizations” con- signed by HH the Amir in order to sidered terrorist by local, Arab or regional become law. laws and others who sympathize with Local media reported a number of them. The draft law stipulates that if the Kuwaitis have travelled to Syria to fight in convicted person is a member of the the uprising against President Bashar Alarmy, national guard or police, the penal- Assad’s government. Last week, Saudi ty will be between 10 to 30 years in jail King Abdullah issued a decree stipulatand the fine will be between KD 20,000 ing up to 20 years in jail for Saudis who and KD 30,000. are members of “terrorist groups” and Fadl, a columnist-politician highly crit- join fighting abroad.
Zoo kills giraffe, feeds it to lions
COPENHAGEN: A lion eats the remains of a healthy young giraffe named Marius that was shot dead at Copenhagen Zoo yesterday. — AFP (See Page 28)