US targeted Awlaqi in Yemen drone strike
Source: BI-ME with AFP , Author: Posted by BI-ME staff
Posted: Sat May 7, 2011 2:26 pm

INTERNATIONAL. A US drone attack in Yemen targeted but failed to kill US-Yemeni cleric and terror suspect Anwar al-Awlaqi, who is linked to Al-Qaeda and considered a major threat to the United States, US media reported Friday.

The drone attack Thursday killed two local members of the militant network, a security source and witnesses told AFP in Yemen.

The Wall Street Journal and CBS reported the attack was targeting Awlaqi, the US-born radical cleric who is suspected of orchestrating terrorist attacks on the US.

Both reports cited US officials who declined to be identified.

There was no immediate comment from the White House on the reports.

Witnesses said they saw a missile fired by an aircraft hit the two brothers in the province of Shabwa, where Al-Qaeda is well entrenched. The men died instantly.

In February, Michael Leiter, director of the National Counterterrorism Center, told US lawmakers that Awlaqi was considered a top threat to the United States.

"I actually consider Al-Qaeda in the Arabian Peninsula, with Awlaqi as a leader within that organization, probably the most significant risk to the US homeland," he said at the time.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 17, 2014
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
date:Posted: April 16, 2014
UAE. "A similar drop to 2013 is unlikely. Those who wanted to get out of gold did, and the rest of 2014 will probably be a year of sideways trading."
SAUDI ARABIA. The GCC said in a statement that foreign ministers of the six-member body had met in Riyadh for a comprehensive review of measures used to implement foreign and security policies.
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