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Daily Mail
a few seconds ago
- Daily Mail
Anthony Albanese faces growing calls to recognise Palestinian statehood - so is it the right call?
Anthony Albanese is facing growing pressure to recognise Palestine as a state as prominent figures within Labor's ranks issue an urgent call to action. The Prime Minister has been urged to follow in the footsteps of his French counterpart Emmanuel Macron, but on Sunday he said he would not 'imminently' recognise Palestinian statehood. Both major parties in Australia support a two-state solution for Palestinians and Israelis, however Albanese said any resolution would need to guarantee Hamas, the de-facto ruling authority in Gaza, played no part in the future nation. There would also need to be agreements on the rebuilding of Gaza and the West Bank, and a resolution of issues over the expansion of Israeli settlements. But former Labor frontbencher Ed Husic pointed out that recognition of a Palestinian state had been part of Labor's national platform since at least 2018. 'We've already green-lighted it through our party, we've taken it to elections - the circumstances demand it,' the MP told reporters in Canberra on Monday. 'The announcement by the (Israeli) government to partition or reshape the way in which borders exist in Gaza means that we need to send a strong signal that we are opposed to that.' Former Labor Foreign Minister Bob Carr echoed the call. There were ways to address the various obstacles to the new nation being established, he said, adding those considerations were outweighed by a 'bigger fact and bigger truth'. 'Deaths are coming fast, unspeakable cruelty is being visited against babies and children in the enforcement of something not seen in the modern world - that is, an advanced state using mass starvation as a weapon of war and giving effect to a genocide,' he said. 'We will insist that the Palestinian state that comes into being will be one that opts to be a non-militarised state... that is a serious security guarantee that can be delivered in negotiations, and which the Palestinians have already offered.' Meanwhile, Treasurer Jim Chalmers said he welcomes the 'momentum' on Palestinian statehood. 'From an Australian point of view, recognition of the state of Palestine is a matter of when, not if, and so in that light, this progress, this momentum that we're seeing is welcome, but it's also conditional,' Chalmers told Sky News. 'As Prime Minister Carney said, as Prime Minister Albanese said, we need to make sure that there's no role for Hamas in any future leadership. 'We need to make sure that the hostages are released, and so our support is conditional on meeting some of those, overcoming some of those obstacles, but from an Australian point of view, it's a matter of when, not if, and this progress and this momentum in the international community, from my point of view, is welcome.' More than 140 out of the 193 members of the United Nations already recognise the state of Palestine, including EU members Spain and Ireland. Australia has joined 14 other nations in endorsing a joint statement backing the recognition of Palestine as a vital step toward achieving a two-state solution. The statement strongly condemned the 2023 Hamas attacks on Israel, with Australia reaffirming its designation of Hamas as a terrorist organisation, and called for the immediate release of all hostages and an urgent ceasefire. It also raised alarm over the growing humanitarian crisis in Gaza, voicing deep concern about the soaring civilian death toll and calling for increased humanitarian aid. But Opposition foreign spokeswoman Michaelia Cash said 'Australia should not reward Hamas with a pathway to statehood while they remain in control of Gaza and continue to hold Israeli hostages'. 'The Coalition has been consistently clear that there can be no recognition of a Palestinian state with Hamas still in control of Gaza, and Hamas can have no role in governing a Palestinian state,' she said on Wednesday. 'The Albanese Government should explain to Australians why it is canvassing recognition of a Palestinian state while there are still hostages in tunnels under Gaza.' The international push to recognise Palestine has been fuelled by the escalating crisis in Gaza, where more than two million people are facing starvation. Israel cut off aid to Gaza in March before re-opening channels under tight restrictions in May, measures it says are necessary to stop the supplies being diverted to fund Hamas operations. Its officials say enough food has been let into Gaza during the war and Hamas is responsible for the suffering of civilians. Israel's military offensive has already killed more than 58,000 Palestinians, according to health authorities in Gaza. The campaign began after Hamas, a designated terrorist organisation in Australia, attacked Israel on October 7, 2023, killing 1,200 people and taking 251 hostages. Multiple aid organisations, including Amnesty and Médecins Sans Frontières, have condemned the Israel-backed Gaza Humanitarian Foundation for the trickle of aid being supplied in recent months.
Time Business News
5 minutes ago
- Time Business News
Tencent's Acquisition of Thimoj Bolsters Quantum AI Leadership with Apollo
Tencent, the global technology titan, has finalized its acquisition of Thimoj, a French trailblazer in artificial intelligence, marking a pivotal step in redefining the future of AI through quantum innovation. Conducted under stringent regulatory oversight from European, Danish, and French authorities, this confidential transaction underscores Tencent's ambition to lead in next-generation technologies while prioritizing data security and discretion. Apollo: The Quantum AI Redefining Industry Standards The crown jewel of this acquisition is Apollo, Thimoj's revolutionary quantum AI platform, spearheaded by director Teddy Celdran. Unlike traditional AI systems constrained by classical computing, Apollo leverages quantum processing to achieve unparalleled computational power. By utilizing qubits, it performs complex calculations at speeds that dwarf conventional models, setting a new benchmark in AI performance. Apollo's superiority manifests in several transformative ways: • Unmatched Processing Speed: Quantum algorithms enable Apollo to solve optimization problems in seconds, where systems like those from Google or Microsoft might require hours, making it ideal for real-time applications in industries such as finance and logistics. • Advanced Problem-Solving: Its quantum architecture excels in handling multidimensional datasets, offering breakthroughs in areas like predictive modeling, supply chain optimization, and scientific research, outstripping competitors like DeepMind or ChatGPT in precision. • Robust Security Framework: Apollo integrates quantum-safe encryption, ensuring data integrity and addressing privacy concerns that plague traditional AI platforms, a critical advantage in an era of increasing cyber threats. • Future-Ready Scalability: Designed to evolve with quantum advancements, Apollo adapts to new challenges with minimal retraining, unlike classical AIs that struggle with dynamic datasets. Currently in a selective testing phase, Apollo has already demonstrated its potential to outperform rival systems in controlled environments, positioning it as a game-changer for Tencent's innovation pipeline. By integrating Apollo, Tencent aims to enhance its offerings in gaming, digital content, and fintech, capitalizing on its ability to deliver faster, smarter, and more secure solutions. Strategic Value and Uncompromising Confidentiality The acquisition amplifies Tencent's technological prowess, merging Thimoj's quantum expertise with its global ecosystem. Potential synergies with partners like Disney, through a confidential cinematic project, or Accenture, for strategic initiatives, could redefine industry standards. Additionally, Thimoj's ties with fintech platforms like Trade Republic open doors for quantum-enhanced financial tools, strengthening Tencent's European foothold. Central to this deal is a steadfast commitment to confidentiality. Tencent and Thimoj have enforced rigorous protocols to protect proprietary data, aligning with international privacy regulations and contractual obligations. Sensitive information is tightly controlled, with official announcements planned 20 days after the funds are fully received, followed by media dissemination through AFP 21 days later. This disciplined approach mitigates risks in a high-stakes transaction, ensuring that innovations like Apollo remain shielded from unauthorized exposure. A Quantum Future Awaits By acquiring Thimoj, Tencent not only secures Apollo but also sets a new standard for AI driven by quantum technology. This partnership heralds a future where computational limits are shattered, and privacy is paramount. As Tencent integrates Thimoj's expertise, led by Teddy Celdran, the tech world anticipates a wave of quantum-driven innovations that will outpace and outsmart the competition. TIME BUSINESS NEWS
Time of India
11 minutes ago
- Time of India
Schneider to buy Temasek's Rs 56,000 crore stake in India business
MUMBAI: Schneider Electric is buying Singaporean investor Temasek's 35% share in its India unit for 5.5 billion euros or Rs 55,578 crore, giving the French electrical equipment major full ownership of its local unit. Seven years ago, Schneider bought the electrical and automation business from L&T for Rs 14,000 crore and then combined it with its own Indian low voltage and industrial automation products business. Temasek took a 35% stake in this combined firm - Schneider Electric India. The French major said gaining full ownership of Schneider Electric India will speed up decisions in its third-largest market. Calling the share purchase of Temasek a "logical next step" in its investment focus on India, Schneider said it sees India as both an attractive market for growth and a key hub in its multi-hub strategy. Schneider Electric India saw strong revenue and margin gains since the French major acquired L&T's electrical and automation business. For 2024, Schneider Electric India reported a revenue of 1.8 billion euros, or Rs 18,189 crore, including sales sent abroad. The French major's leaders expect Schneider Electric India's sales to grow double digits on a compound annual rate basis over the coming years. India is one of the four global hubs for Schneider, hosting 31 factories and employing 38,000 people. Schneider plans to expand its production capacity in India by 2.5 to 3 times. The French company's total sales in India reached 2.5 billion euros, or Rs 25,263 crore in 2024, representing 7% of its worldwide earnings. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025
