Trump's U-Turn on China Buying Iranian Oil
Randa Slim, John Hopkins University SAIS Senior Fellow, speaks to Bloomberg TV about the truce between Israel and Iran after US President Donald Trump suggested China can continue to purchase oil from Iran. (Source: Bloomberg)
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News24
41 minutes ago
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Hamas demands ‘fully sovereign Palestinian state' before it will lay down weapons
Hamas demanded a Palestinian state before it would disarm. Israel regards a Palestinian state as a threat. US envoy Steve Witkoff met anguished relatives of Israeli hostages. Hamas said on Saturday that it would not disarm unless an independent Palestinian state is established - a fresh rebuke to a key Israeli demand to end the war in Gaza. Indirect negotiations between Hamas and Israel aimed at securing a 60-day ceasefire in the Gaza war and deal for the release of hostages ended last week in deadlock. On Tuesday, Qatar and Egypt, who are mediating ceasefire efforts, endorsed a declaration by France and Saudi Arabia outlining steps toward a two-state solution to the Israeli-Palestinian conflict and saying that as part of this Hamas must hand over its arms to the Western-backed Palestinian Authority. In its statement, Hamas - which has dominated Gaza since 2007 but has been militarily battered by Israel in the war - said it could not yield its right to 'armed resistance' unless an 'independent, fully sovereign Palestinian state with Jerusalem as its capital' is established. Israel considers the disarmament of Hamas a key condition for any deal to end the conflict, but Hamas has repeatedly said it is not willing to lay down its weaponry. In July, Israeli Prime Minister Benjamin Netanyahu described any future independent Palestinian state as a platform to destroy Israel and said, for that reason, security control over Palestinian territories must remain with Israel. He also criticised several countries, including the UK and Canada, for announcing plans to recognise a Palestinian state in response to devastation of Gaza from Israel's offensive and blockade, calling the move a reward for Hamas' conduct. The war started when Hamas-led militants stormed into southern Israel on 7 October 2023, killing 1 200 people and taking 251 hostages back to Gaza. Israel's subsequent military assault on Gaza has turned much of the enclave into a wasteland, killed over 60 000 Palestinians and set off a humanitarian catastrophe. Israel and Hamas traded blame after the most recent round of talks ended in an impasse, with gaps lingering over issues including the extent of an Israeli military withdrawal. AFP reported that US envoy Steve Witkoff met anguished relatives of Israeli hostages still held in Gaza on Saturday, as fears for the captives' survival mounted almost 22 months into the war sparked by Hamas' October 2023 attack. Mostafa Alkharouf/Anadolu via Getty Images Witkoff was greeted with some applause and pleas for assistance from hundreds of protesters gathered in Tel Aviv, before going into a closed meeting with the families. Videos shared online showed him arriving to meet the Hostages and Missing Families Forum, as families chanted 'Bring them home!' and 'We need your help.' The meeting came one day after Witkoff visited a US-backed aid station in Gaza to inspect efforts to get food into the devastated Palestinian territory. 'The war needs to end,' Yotam Cohen, brother of 21-year-old hostage Nimrod Cohen, told AFP. The Israeli government will not end it willingly. It has refused to do so. Yotam Cohen 'The Israeli government must be stopped. For our sakes, for our soldiers' sakes, for our hostages' sakes, for our sons and for the future generations of everybody in the Middle East,' he added. Of the 251 hostages taken during the Hamas attack, 49 are still being held in Gaza, including 27 the Israeli military says are dead. The trickle of food aid Israel allows to enter Gaza after nearly 22 months of war is seized by Palestinians risking their lives under fire, looted by gangs or diverted in chaotic circumstances rather than reaching those most in need, UN agencies, aid groups and analysts say. After images of malnourished children stoked an international outcry, aid has started to be delivered to the territory once more but on a scale deemed woefully insufficient by international organisations. Stringer/Anadolu via Getty Images Every day, AFP correspondents on the ground see desperate crowds rushing toward food convoys or the sites of aid drops by Arab and European air forces. On Thursday, in Al-Zawayda in central Gaza, emaciated Palestinians rushed to pallets parachuted from a plane, jostling and tearing packages from each other in a cloud of dust. 'Hunger has driven people to turn on each other. People are fighting each other with knives,' Amir Zaqot, who came seeking aid, told AFP. To avoid disturbances, World Food Programme (WFP) drivers have been instructed to stop before their intended destination and let people help themselves. But to no avail.
Yahoo
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Matson's (MATX) Steady Performance: A Safer Bet Among Shipping Stocks?
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Bloomberg
an hour ago
- Bloomberg
Modi Urges Indians to Buy Local Goods After Trump Tariffs
Indian Prime Minister Narendra Modi urged citizens to buy locally made good to cushion the economy during heightened global uncertainty. The comments came days after Trump slapped a 25% tariff on Indian exports to the US and imposed higher duties on several countries, stoking concerns about a slowdown in global growth and market volatility. He didn't refer to US tariffs directly in his speech at a rally in the northern state of Uttar Pradesh on Saturday.
