Trading dhows and ships at anchor in the Strait of Hormuz near the town of Khasab in Oman. Kamran Jebreili / AP Photo / January 19, 2012
Trading dhows and ships at anchor in the Strait of Hormuz near the town of Khasab in Oman. Kamran Jebreili / AP Photo / January 19, 2012

US aircraft carrier George H W Bush enters Arabian Gulf



ABOARD USS GEORGE H W BUSH // A US aircraft carrier passed through a strategic waterway separating Iran from US-backed Gulf Arab states on Tuesday for the first time since president Donald Trump took office two months ago.

Nearly 20 smaller Iranian boats looked on as the USS George H W Bush approached the Gulf through the Strait of Hormuz. About one-fifth of the world's oil passes through the strait and there are occasional incidents in the area involving US and Iranian military vessels.

Years of mutual animosity eased when Washington lifted sanctions on Tehran last year after a deal to curb Iran’s nuclear goals. But serious differences remain over Iran’s ballistic missiles as well as conflicts in Syria and Iraq.

While still a presidential candidate in September, Mr Trump vowed that any Iranian vessels that harassed the US navy in the Gulf would be “shot out of the water”.

US helicopters hovered in a cloudy sky as the carrier sailed through choppy waters as part of a convoy that included a Danish frigate and a French destroyer.

Officers aboard were on alert and tried to communicate with the Iranian vessels, but it was not clear if they responded.

Lt Ian McConnaughey, a US navy spokesman, said such boats were sometimes laden with explosives.

“While these probably don’t have explosives, their behaviour can lead to a miscalculation because we don’t understand their intentions,” he said.

“Our intention is never to start anything but if the situation arises, we are within our rights to defend ourselves.”

Iran, which sees the Arabian Gulf as its backyard and believes it has a legitimate interest in expanding its influence there, has long argued that the region should organise its own security collectively, without outside powers.

Accordingly, Iran uses its sea power in the Gulf to show it will not be cowed by Washington’s naval presence, analysts say.

The last serious naval incident occurred earlier this month when a US navy ship and several fast-attack vessels from Iran’s Islamic Revolutionary Guard Corps got within 600 meters of each other. Tehran and Washington offered conflicting accounts of the incident and blamed each other.

A Pentagon spokesman said such interactions were of concern because they could lead to a “miscalculation or an accidental provocation”.

In January, a US destroyer fired three warning shots at four Iranian fast-attack boats near the strait after they closed in at high speed and disregarded repeated requests to slow down.

A year earlier, Iran freed 10 US sailors after briefly detaining them in the Gulf.

* Reuters

How to become a Boglehead

Bogleheads follow simple investing philosophies to build their wealth and live better lives. Just follow these steps.

•   Spend less than you earn and save the rest. You can do this by earning more, or being frugal. Better still, do both.

•   Invest early, invest often. It takes time to grow your wealth on the stock market. The sooner you begin, the better.

•   Choose the right level of risk. Don't gamble by investing in get-rich-quick schemes or high-risk plays. Don't play it too safe, either, by leaving long-term savings in cash.

•   Diversify. Do not keep all your eggs in one basket. Spread your money between different companies, sectors, markets and asset classes such as bonds and property.

•   Keep charges low. The biggest drag on investment performance is all the charges you pay to advisers and active fund managers.

•   Keep it simple. Complexity is your enemy. You can build a balanced, diversified portfolio with just a handful of ETFs.

•   Forget timing the market. Nobody knows where share prices will go next, so don't try to second-guess them.

•   Stick with it. Do not sell up in a market crash. Use the opportunity to invest more at the lower price.

SHAITTAN
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EVikas%20Bahl%3Cbr%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EAjay%20Devgn%2C%20R.%20Madhavan%2C%20Jyothika%2C%20Janaki%20Bodiwala%3Cbr%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3%2F5%3C%2Fp%3E%0A

Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5

Vidaamuyarchi

Director: Magizh Thirumeni

Stars: Ajith Kumar, Arjun Sarja, Trisha Krishnan, Regina Cassandra

Rating: 4/5

 

German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution

Emergency

Director: Kangana Ranaut

Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry 

Rating: 2/5

MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

How to avoid crypto fraud
  • Use unique usernames and passwords while enabling multi-factor authentication.
  • Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
  • Avoid suspicious social media ads promoting fraudulent schemes.
  • Only invest in crypto projects that you fully understand.
  • Critically assess whether a project’s promises or returns seem too good to be true.
  • Only use reputable platforms that have a track record of strong regulatory compliance.
  • Store funds in hardware wallets as opposed to online exchanges.
THE LIGHT

Director: Tom Tykwer

Starring: Tala Al Deen, Nicolette Krebitz, Lars Eidinger

Rating: 3/5

Astroworld
Travis Scott
Grand Hustle/Epic/Cactus Jack

Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
  • Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
MATCH INFO

Uefa Champions League semi-final, second leg result:

Ajax 2-3 Tottenham

Tottenham advance on away goals rule after tie ends 3-3 on aggregate

Final: June 1, Madrid

The Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

South Africa squad

: Faf du Plessis (captain), Hashim Amla, Temba Bavuma, Quinton de Kock (wkt), Theunis de Bruyn, AB de Villiers, Dean Elgar, Heinrich Klaasen (wkt), Keshav Maharaj, Aiden Markram, Morne Morkel, Chris Morris, Wiaan Mulder, Lungi Ngidi, Duanne Olivier, Vernon Philander and Kagiso Rabada.

Company%20Profile
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Guide to intelligent investing
Investing success often hinges on discipline and perspective. As markets fluctuate, remember these guiding principles:
  • Stay invested: Time in the market, not timing the market, is critical to long-term gains.
  • Rational thinking: Breathe and avoid emotional decision-making; let logic and planning guide your actions.
  • Strategic patience: Understand why you’re investing and allow time for your strategies to unfold.