INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

US vows to hold Houthis ‘accountable’ for deadly strike

Houthis began attacking Red Sea shipping in November, saying they were hitting Israel-linked vessels in support of Palestinians in Gaza. (AFP)
  • Houthi ship strikes "have not just disrupted international commerce but now tragically killed a number of them," State Department spokesman said
  • Matthew Miller said that US was also encouraging other countries to make clear to the Houthis that "these attacks are irresponsible"

Washington, United States– The United States on Wednesday vowed to hold Yemen’s Houthi rebels accountable for a strike on a bulk carrier that killed two people, apparently the first fatalities in the insurgents’ attacks on shipping.

“We will continue to hold them accountable. We call on governments around the world to do the same,” State Department spokesman Matthew Miller told reporters.

The Houthi rebels, who control much of Yemen and are backed by Iran, have been defiantly hitting ships in vital commercial waters in professed solidarity with the Palestinians as Israel pounds Hamas-ruled Gaza in response to the October 7 attack.

The Houthi ship strikes “have not just disrupted international commerce, not just disrupted the freedom of navigation in international waters, and not just endangered seafarers, but now tragically killed a number of them,” Miller said.

Asked if the latest attack showed a failure of the US and UK strikes on the Houthis, Miller said, “We have always made clear that this is going to be a long-term process, both to deter the Houthi attacks and to degrade their capabilities to carry them out.”

He said that the United States was also encouraging other countries to make clear to the Houthis that “these attacks are irresponsible.”