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Boris under fire at home – and in Moscow

On February 10, the former British Conservative prime minister, Sir John Major, attacked the current occupant of 10 Downing Street, Boris Johnson, accusing him of undermining the UK’s credibility internationally at a key moment in the escalating crisis between Russia, Ukraine and the West.
Major’s rare criticism came with extraordinarily bad timing, just as Johnson was visiting Brussels for talks at Nato headquarters and also Warsaw to express solidarity with the populist government of Mateusz Morawiecki and inspect British troops sent there to bolster Poland against possible action by Vladimir Putin.
It was also bad news for Johnson’s foreign secretary Liz Truss, who was in Moscow on the same day to see her Russian counterpart, the veteran Sergei Lavrov, to discuss the possibility of a Russian invasion of Ukraine. Truss let him know that the UK and their allies would impose punitive sanctions on Russia if any troops crossed the border with their neighbour.
The Truss-Lavrov meeting was characterized by journalists as “distinctly frosty.” And that was before the press conference where Lavrov described their encounter as “a deaf person speaking to a mute” – not a very diplomatic comment. Truss then icily described herself to attendees as “not a mute.”
The background to these tense meetings is the mounting anger with Johnson, supported loyally by Truss, and Major’s argument that by behaving irresponsibly at home the Tory premier has “shredded” Britain’s reputation among both its foreign allies and potential enemies.
That fury is about what is known collectively as “Partygate” (a lightly-coded reference to Watergate, which spelt the end of Richard Nixon’s presidency) a series of Downing Street and Whitehall parties in breach of the Covid lockdown restrictions made by Johnson’s own government.
The scandal is not only about making rules for England’s citizens and then politicians and civil servants ignoring them. It also involves Johnson’s blustery, irresponsible behavior in other areas, including Brexit – the controversial decision to leave the EU after 47 years. And his recent targeting, clearly under mounting pressure, of the Labour opposition leader Keir Starmer, who is benefitting from Johnson’s plummeting ratings.
In an aggressive speech in the House of Commons Johnson accused Starmer, director of public prosecutions at the time, of failing to prosecute Jimmy Savile, a famous disc jockey and TV presenter, and a serial sex offender. But as many people pointed out, Starmer was not personally responsible for that omission.
Johnson’s increasing number of enemies were horrified by that accusation. Most damaging was the resignation of his veteran policy adviser, Munira Mirza and her statement that his attack on Starmer “was an inappropriate and partisan reference to a horrendous case of child sex abuse." Johnson, however, refused to apologise.
Johnson also rejected Major’s attack as “demonstrably false” and insisted that his government “been working for months to warn people about what was happening - and I’m afraid we’ve been sadly proved right in what we were saying,” adding. “It’s the United Kingdom that has been working to bring countries together, not just in the sanctions package that we want to see, but also in making sure that we fortify Nato’s eastern frontier in the way that we are doing.”
Not everybody agrees with the prime minister. Many have criticised Johnson as ignorant, hapless and chaotic in his response to Putin. More substantially the prime minister has been condemned for following President Biden slavishly and as a post-Brexit leader sounding especially anti-European in terms of dealing with the worsening Ukraine crisis.
Johnson’s defence secretary, Ben Wallace even muttered about “a whiff of Munich” (the agreement with Adolf Hitler and Neville Chamberlain in 1938) - the embodiment of appeasement which paved the way for the horrors of world war two a year later.
Wallace didn’t mention any specific country by name but was likely referring to France, where President Emmanuel Macron has been actively suggesting a diplomatic way to head off Putin’s threat of attacking Ukraine. Macron’s remarks suggesting that the West should offer Russia new security guarantees have rung alarm bells in Whitehall.
British officials also criticised a French briefing proposing a “Finlandization” of Ukraine (i.e. forcing it to become neutral). But Macron has denied using the term. And Germany too, has also been criticised for prioritising its dependence on Russian energy supplies.
Vadym Prystaiko, Ukraine's ambassador to the UK, said the comparison of diplomatic efforts with Russia to appeasement of Hitler was unhelpful. "It's not the best time for us to offend our partners in the world, reminding them of this act which actually did not brought peace but the opposite - it bought war."
Starmer also reminded the British public that domestic politics and foreign and defence policy are strongly connected. On a visit to Nato headquarters in Brussels on the same day as Johnson he wrote a newspaper article attacking the far-left Stop the War movement. That movement is associated with Starmer’s predecessor as Labour leader, Jeremy Corbyn, who was opposed to the wars in Afghanistan and Iraq.
That was further evidence that Britain’s partisan conflicts at home only adds to the uncertainty of what will happen next in the Ukrainian confrontation.
BY: IAN BLACK
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BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
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