Thousands rally in support of Chechen leader Kadyrov

Updated 24 January 2016
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Thousands rally in support of Chechen leader Kadyrov

GROZNY: Tens of thousands of people rallied in the capital of Russia’s Chechnya republic in support of strongman leader Ramzan Kadyrov and Russian President Vladimir Putin.
Kadyrov in recent weeks has been speaking out against independent journalists and opposition activists, calling for them to be sent to psychiatric hospitals or prosecuted as traitors in the service of a hostile West.
His comments have an ominous ring. In the past, Russian journalists or opposition leaders have been killed after challenging Putin or Kadyrov, who describes himself as the president’s loyal “foot soldier.” Some of the slaying were preceded by similar threats and some of the suspected killers have been Chechens.
Rights activists in Russia and the West have criticized Kadyrov, with some demanding that he be fired.
Participants at Friday’s rally in Grozny praised Kadyrov for bringing stability to the predominantly Muslim region after two separatist wars, punctuating their speeches with cries of “God is great!” and “Kadyrov is a Russian patriot.”
Malika Murtaeva, a 53-year-old homemaker, said she came to show her support for Kadyrov, who took over the leadership of Chechnya after the assassination of his father in 2004 and rebuilt the war-torn republic with generous funding from Moscow.
“But some don’t like his good deeds and come up with various accusations against him,” Murtaeva said. “Everything they say against Kadyrov, I take as a personal attack against me, because their goal is to deprive me of the person who brought peace and stability to me and everyone in our republic, independent of nationality or creed.”

The rally, organized by Chechen trade unions, drew people from across Chechnya and neighboring regions. Chechen police put the size of the crowd at 1 million, a figure that was not possible to confirm independently. But the entire population of Chechnya is 1.3 million.
In a commentary in the Izvestia newspaper this week, Kadyrov called opposition leaders “jackals” intent on destroying the strong Russian state. He suggested sending them to a psychiatric hospital in Chechnya, saying, “I could help them deal with this clinical problem and I promise we won’t stint on injections. Where one is prescribed, we could do two.”
The Chechen leader also condemned independent media organizations, including the respected Ekho Moskvy radio, for giving air time to opposition leaders.
Alexei Venediktov, the longtime Ekho Moskvy editor, attributed the verbal attacks to the station’s coverage of the investigation into the killing of opposition leader Boris Nemtsov, who was shot dead Feb. 27 last year just outside the Kremlin.
The suspects under arrest in Nemtsov’s slaying are all Chechens, including the suspected triggerman, a former officer in Kadyrov’s security forces. Nemtsov’s family has petitioned investigators to look into Kadyrov’s possible role, but he has not been officially linked to the killing and has denied any involvement.
Amnesty International and the New York-based Committee to Protect Journalists have urged Putin and his government to respond to Kadyrov’s statements. Amnesty noted that the killings of journalist Anna Politkovskaya in 2006 and Chechen rights defender Natalya Estemirova in 2009 were preceded by similar threats.
Putin spokesman Dmitry Peskov stopped just short of defending Kadyrov, saying the Chechen was referring to opposition activists who work outside the system and “are ready to break the law, including in ways that damage the country.” Friday’s mass rally served as Kadyrov’s response.
“Those who are against Kadyrov are against Russia,” said Ibrahim Khasanov, 55. “And patriots of Russia should remember all of this.”


Israel hospital says woman killed in stabbing attack in coastal city

Updated 1 min 20 sec ago
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Israel hospital says woman killed in stabbing attack in coastal city

  • Israel’s police said the suspected attacker had been arrested
HERZLIYA, Israel: An Israeli hospital reported that a woman in her eighties was killed after being stabbed in the coastal city of Herzliya on Friday, while police stated that the suspected attacker had been arrested.
“She was brought to the hospital with multiple stab wounds while undergoing resuscitation efforts, but the hospital staff was forced to pronounce her death upon arrival,” Tel Aviv Ichilov hospital said in a statement. Israel’s police said the suspected attacker had been arrested.

Yemen Houthis claim missile attack on Tel Aviv airport: statement

Updated 5 min 27 sec ago
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Yemen Houthis claim missile attack on Tel Aviv airport: statement

  • Houthis also launched drones at Tel Aviv and a ship in the Arabian Sea

SANAA: Yemen’s Iran-backed Houthis on Friday claimed a strike against the airport in Israel’s commercial hub of Tel Aviv on Friday, after Israeli air strikes hit rebel-held Sanaa’s international airport and other targets in Yemen.
The Israeli strikes on Thursday landed as the head of the UN’s World Health Organization said he and his team were preparing to fly out from Yemen’s Houthi rebel-held capital.
Hours later on Friday, the Houthis said they fired a missile at Ben Gurion airport and launched drones at Tel Aviv as well as a ship in the Arabian Sea.
No other details were immediately available.
Yemen’s civil aviation authority said the airport planned to reopen on Friday after the strikes that it said occurred while the UN aircraft “was getting ready for its scheduled flight.”
The Israeli military did not immediately respond to a request for comment on whether they knew at the time that WHO chief Tedros Adhanom Ghebreyesus was there. Israel’s attack came a day after the Iran-backed Houthi rebels claimed the firing of a missile and two drones at Israel.
Yemen’s Houthis have stepped up their attacks against Israel since late November when a ceasefire took effect between Israel and another Iran-backed group, Lebanon’s Hezbollah.
The Houthis Al-Masirah TV said the Israeli strikes killed six people, after earlier Houthi statements said two people died at the rebel-held capital’s airport, and another at Ras Issa port.
The strikes targeting the airport, military facilities and power stations in rebel areas marked the second time since December 19 that Israel has hit targets in Yemen after rebel missile fire toward Israel.
In his latest warning to the rebels, Prime Minister Benjamin Netanyahu said Israel would “continue until the job is done.”
“We are determined to cut this branch of terrorism from the Iranian axis of evil,” he said in a video statement.


BNPL emerges as the preferred payment option for Saudi consumers

Updated 1 min 27 sec ago
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BNPL emerges as the preferred payment option for Saudi consumers

RIYADH: The fintech landscape in Saudi Arabia is rapidly transforming daily financial practices, with buy now, pay later services gaining significant popularity. This shift is simplifying access to flexible payment options, reshaping how people manage their finances and make purchases across the nation.

According to a recent report from leading BNPL provider Tabby, 77 percent of Saudi consumers now use BNPL for essential purchases. 

Data from Tabby shows that first-time BNPL transactions are twice as likely to be for necessary items rather than discretionary ones, with education and medical expenses at the forefront. This indicates that a large portion of BNPL usage is dedicated to essential transactions rather than non-essential wants.

Tabby’s data also reveals that the average value of essential purchases made through BNPL is higher than that of discretionary spending. This suggests that while consumers are prioritizing needs, BNPL offers an accessible and affordable way to purchase high-value necessities, such as insurance and home goods.

Impact of BNPL

By allowing payments to be spread over an extended period, BNPL has revolutionized shopping habits. Not only does it provide consumers with more control over their finances, but it also alters their relationship with businesses.

In an interview with Arab News, Tarabut CEO Abdulla Al-Moayed explained that the rise of BNPL among Saudi consumers can be attributed to several factors. 

Tarabut CEO Abdulla Al-Moayed

“BNPL’s interest-free installment structure makes it an attractive and Shariah-compliant payment option for many Saudi consumers — a positive shift from traditional credit cards or loans,” he said.

“Because BNPL offers a low-barrier alternative to traditional credit, it doesn’t require a high credit score or lengthy approval process, making it accessible to a wider population, particularly younger and lower-income individuals. The ease of using BNPL through mobile apps and online platforms also aligns well with a generation that values convenience and speed,” Al-Moayed added.

He also pointed out that the supportive regulatory environment in Saudi Arabia has fueled the rapid growth of fintech solutions, leading to the emergence of various local BNPL providers. This increased competition has ultimately led to better services and offerings for consumers.

Arjun Vir Singh, partner and global head of fintech at business intelligence firm Arthur D. Little, offered another perspective on the surge in BNPL adoption. He noted that the e-commerce boom, accelerated by COVID-19, has significantly driven the growth of BNPL among consumers. Singh also emphasized the growing convergence of online and offline shopping experiences. 

Arjun Vir Singh, partner and global head of fintech at business intelligence firm Arthur D. Little. Supplied

“As customers’ journeys and payment methods in-store and offline become increasingly digital, we expect BNPL adoption to expand into this segment as well,” he said.

Singh further explained that digital payments, seamless integration, merchant sponsorship, and the rising cost of living have all contributed to BNPL’s rapid growth.

BNPL vs. traditional credit

Singh noted that BNPL is beginning to disrupt traditional credit models in consumer finance, a trend that is expected to expand as BNPL adoption spreads across sectors like travel, real estate, and automotive. “Arguably, the biggest impact will come if BNPL successfully expands into the B2B credit and financing segment,” he stated.

Singh also highlighted that banks and credit card companies are already responding to the rise of BNPL by adjusting their consumer finance offerings. Many are now partnering with BNPL providers or collaborating with major players like Visa and Mastercard, which are concerned about losing consumer spending. Some banks are even developing their own flexible payment solutions that mimic the BNPL model.

For Al-Moayed, the simplicity, transparency, and digitalization of consumer credit will force traditional credit models to adapt.

“Traditional credit models that rely on rigorous background checks and higher entry barriers need to evolve quickly while still managing risk effectively, in order to appeal to a broader consumer base and offer more flexible, secure, and customer-friendly credit options,” he said.

He also emphasized the role of Open Banking in this evolution, saying it could revolutionize credit risk management by utilizing real-time and historical behavioral data. “Open Banking has the potential to make a significant impact by giving lenders more agile and secure access to data, enabling personalized credit solutions,” Al-Moayed added.

As BNPL expands consumer spending power, he believes that as the market matures, empowered consumers will become more financially literate, leading to better-informed financial decisions. 

“Open Banking will help by providing enriched data to improve insights into consumers’ financial health, preventing unsustainable debt,” he said.

Al-Moayed also pointed out that early adopters of Open Banking will gain a competitive edge by providing more intelligent financial services, better user experiences, and faster, more affordable options for all consumers.

Singh concurs, noting that as traditional players adjust to the changing landscape, innovation in consumer finance will continue to flourish. “This shift includes segmenting customers based on different criteria, using alternative data to enhance credit models, and adapting models to the nature of the spend. Innovation is also extending to customer service, not just credit models,” Singh said.

Merchants and BNPL

“Retailers have been the greatest sponsors of BNPL, helping to legitimize and drive the growth of e-commerce,” said Singh. This was initially true for e-commerce platforms, but as more retail experiences shift online, BNPL adoption among merchants has grown exponentially. “The adoption of digital payment solutions across all retail models is driving BNPL growth,” Singh added.

Arthur D. Little’s proprietary research has shown that merchants are seeing substantial benefits from BNPL, including increased average transaction values, more frequent purchases, access to new customers, and lower customer acquisition costs. Merchants also enjoy a differentiated offering compared to their competitors.

Al-Moayed agrees that BNPL offers numerous advantages for merchants but suggests that more value could be unlocked by leveraging the data collected on consumer behavior and spending patterns. “Merchants should explore how to use this valuable data to offer personalized promotions or product recommendations,” he said.

“Hyper-personalized sales and marketing will be key to increasing customer engagement and loyalty. This will soon be expected across the Kingdom’s retail market,” Al-Moayed added.

The future of BNPL

“Over the next few years, BNPL services will become even more integrated into the broader financial ecosystem, using Open Banking to enhance personalization and accessibility,” said Al-Moayed. 

He also foresees the global adoption of big data and artificial intelligence further enhancing the BNPL customer experience. “We may see BNPL providers developing educational tools to help consumers manage their financial health effectively while using these services,” he added.

Singh, however, envisions a different future for BNPL. “BNPL will expand into the B2B segment, particularly as a tool to service underserved micro and small businesses,” he said. 

Singh also predicts that AI, enhanced regulations, and market consolidation will all play crucial roles in BNPL’s future growth.


On death anniversary, Pakistani leaders remember Benazir Bhutto, first woman PM in Muslim world

Updated 40 min 13 sec ago
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On death anniversary, Pakistani leaders remember Benazir Bhutto, first woman PM in Muslim world

  • Bhutto was daughter of ex-PM Zulfikar Ali Bhutto who was hanged during reign of former military ruler Gen. Zia-ul-Haq
  • Year before assassination in 2007, Bhutto signed landmark deal with rival Nawaz Sharif to prevent army interventions

ISLAMABAD: Prime Minister Shehbaz Sharif and other Pakistani leaders on Friday paid tribute to Benazir Bhutto, the first woman prime minister in the Muslim world who was assassinated 17 years ago in a gun and bomb attack after a rally in the city of Rawalpindi.
Bhutto, born on Jun. 21, 1953, was elected premier for the first time in 1988 at the age of 35. She was deposed in 1990, re-elected in 1993, and ousted again in 1996 amid charges of corruption and mismanagement, which she denied as being politically motivated.
Bhutto only entered politics after her father was hanged in 1979 during military ruler Gen. Zia-ul-Haq’s reign. Throughout her political career, she had a complex and often adversarial relationship with the now ruling Sharif family, but despite the differences signed a ‘Charter of Democracy’ in 2006 with three-time former PM Nawaz Sharif, with a pledge to strengthen democratic institutions and prevent military interventions in Pakistan in the future. She was assassinated a year and a half later.
“Today, we commemorate the 17th anniversary of the martyrdom of Shaheed Mohtarma Benazir Bhutto,” PM Shehbaz Sharif, who is Nawaz’s younger brother, said in a post on X. “A champion of democracy, and a staunch advocate of the power of dialogue and reconciliation in the political process, Mohtarma Benazir Bhutto remains an icon of courage and resilience.”


President Asif Ali Zardari, Bhutto’s widower, urged the nation to draw inspiration from the late premier and work to realize her “dream of a peaceful, progressive, and democratic Pakistan.”
“On this day, we honor a leader who embodied the very spirit of hope, resilience, and unwavering commitment to the ideals of democracy and justice,” he was quoted as saying by Radio Pakistan.
“Mohtarma Benazir Bhutto was a trailblazer who dreamt of a Pakistan where the rights of all citizens, irrespective of color, class and creed, would be protected.”
Powerful families from the Bhuttos and Sharifs of Pakistan to the Gandhis of India and the Bandaranaike family of Sri Lanka have dominated politics in this diverse region since independence from British colonial rule. But none have escaped tragedy at the hands of rebels, militants or ambitious military leaders.
It was Zulfikar Ali Bhutto who founded the troubled Bhutto dynasty, becoming the country’s first popularly elected prime minister before being toppled by the army in 1977 and later hanged. Both his sons died in mysterious circumstances.
Before her assassination on Dec. 27, 2007, Bhutto survived another suicide attack on her motorcade that killed nearly 150 people as she returned to Pakistan after eight years in exile in October 2007.
Bhutto’s Oxford-educated son Bilawal Bhutto Zardari, 36, is now leading her Pakistan Peoples Party, founded by her father, and was foreign minister in the last administration of Shehbaz Sharif.
Pakistan has been ruled by military regimes for almost half its history since independence from Britain in 1947. Both former premier Imran Khan and the elder Sharif, Nawaz, have alleged that they were ousted by the military after they fell out with the generals. The army says it does not interfere in politics.


South Korea’s parliament impeaches acting president Han Duck-soo

Updated 50 min 24 sec ago
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South Korea’s parliament impeaches acting president Han Duck-soo

  • The motion led by opposition parties passed with 192 of the 300 votes amid rowdy scenes by ruling People Power Party members

SEOUL: South Korea’s parliament impeached acting President Han Duck-soo on Friday over a short-lived martial law, plunging the country deeper into political chaos, as the Constitutional Court said it would swiftly trial suspended President Yoon Suk Yeol.

The impeachment of Han, who has been acting president since Yoon was impeached on Dec. 14 for declaring martial law on Dec. 3, has thrown South Korea’s once-vibrant democratic success story into uncharted territory.

The motion led by opposition parties passed with 192 of the 300 votes amid rowdy scenes by ruling People Power Party members who surrounded the speaker’s podium chanting the vote was invalid and parliament had committed “tyranny.”

Ahead of the parliamentary session, opposition leader Lee Jae-myung said his Democratic Party, which has majority control of parliament, will go ahead with the plan to impeach the acting president, accusing Han of “acting for insurrection.”

“The only way to normalize the country is to swiftly root out all the insurrection forces,” Lee said in a fiery speech, adding the party was acting on the public order to eradicate those who have put the country at risk.

There has been overwhelming public support for Yoon’s removal, according to opinion polls conducted after his martial law attempt.

The plan for a vote to impeach Han was unveiled on Thursday by the main opposition Democratic Party after he declined to immediately appoint three justices to fill vacancies at the Constitutional Court, saying it would exceed his acting role.

Until just before voting began, it was unclear how many votes were needed to impeach Han as acting leader. The threshold for a prime minister is a simple majority, while a two-thirds majority is needed for a president.

Speaker Woo Won-shik declared a simple majority would constitute parliamentary approval.

Han said in a statement after the vote that he would step aside to avoid more chaos and will await a Constitutional Court ruling on his impeachment.

By law Finance Minister Choi Sang-mok will assume the acting presidency.

Choi earlier pleaded with parliament to withdraw the plan to impeach Han, saying it would do serious damage to the country’s economy.

The South Korean won retreated to 1,475.4 per dollar, down 0.53 percent at 0707 GMT ahead of the parliamentary vote.

The vote to determine Han’s fate comes on the same day the Constitutional Court held its first hearing in a case reviewing whether to overturn the impeachment and reinstate Yoon or remove him permanently from office. It has 180 days to reach a decision.