Latest news with #UnitedStates-based
Mada
14 hours ago
- Mada
Around 100 WFP flour trucks looted in Gaza as malnutrition deepens under Israeli aid restrictions
Around 100 aid trucks carrying flour meant to be delivered to families were looted on Friday shortly after crossing into southern Gaza. Eighty truck drivers were injured to varying degrees, Nahed Shehaiber, head of the Private Transport Association in Gaza, told Mada Masr, warning that continued looting of aid convoys could halt all deliveries from the border. The incident disrupted a new flour distribution operation managed by the World Food Program, which was meant to represent a major step in combatting starvation and ensuring that the scarce humanitarian aid reaches those who need it most after nearly three months of Israel's total siege on the coastal enclave. The only alternative source of supplies at present is the dangerous aid collection sites operated by the Gaza Humanitarian Foundation — a United States-based company designated by Israel to distribute aid in areas adjacent to zones under Israeli military control across the strip. Shehaiber said the Friday looting incidents took place in several different sites after the convoy crossed out of Israeli-controlled areas into southern Gaza. Some trucks were intercepted in the Nuseirat area and others near the court complex in Netsarim, central Gaza. The convoy was ambushed upon reaching northern Khan Younis, eyewitness Ahmed al-Najjar told Mada Masr. Armed gangs opened heavy fire on the trucks leading the way, forcing them to stop and bringing the entire convoy to a standstill. Once the trucks stopped, Najjar said, gang members climbed onto the vehicles and offloaded flour sacks into personal cars parked along the roadside. At first, they blocked residents from approaching, but once their vehicles were full, they left, allowing others to gather what remained. Another eyewitness from southern Khan Younis, near the 'red zone' under Israeli military control in Rafah, told Mada Masr that some aid trucks were already empty upon leaving the area, suggesting they may have been looted within Israeli-controlled areas. The flour was set to be delivered to the WFP, which requested last week that the Israeli military grant it permission to distribute the flour sacks to families who need humanitarian support following the months of siege, calling it 'the most effective way to prevent widespread starvation.' Cases of malnutrition have surged amid the total blockade, with the Gaza Government Media Office reporting that it played a part in the deaths of over 300 people since March. The siege was partially lifted two weeks ago, when Israel allowed the WFP to deliver very limited amounts of flour to designated bakeries within the strip, which were then tasked with handing out the loaves. However, overcrowding made access difficult, and many bakeries and storehouses were looted and have since shut down. The only other alternative for people is to travel to a few designated collection sites, all of which are located near Israeli military zones, where they must undergo security checks before being allowed to take rationed goods. Forty-nine people have already been killed at these sites, Gaza Government Office head Ismail al-Thawabta said on Sunday. The amount of aid currently being delivered to the strip 'makes a mockery of the mass tragedy unfolding under our watch,' United Nation Relief and Works Agency Commissioner-General Philippe Lazzarini stated on Saturday. He called for the UN, including UNRWA, to be granted access to deliver aid and uphold human dignity. UN Secretary-General spokesperson Stephane Dujarric described the situation in Gaza as 'catastrophic' and 'the worst it has been' since the war began. 'Humanitarian needs have exploded in Gaza following nearly 80 days of a total blockade of all supplies,' he said.
South Wales Guardian
2 days ago
- Business
- South Wales Guardian
New Rangers owners promise £20m investment after completing takeover
The Glasgow club announced that a consortium of investors, led by Andrew Cavenagh and 49ers Enterprises, has purchased a majority stake in the club. The new leadership now owns 51 per cent of Rangers following a number of share purchases and has committed to invest £20million into the club, the vast majority to be spent on players. This funding will come in the form of a new share issue, subject to shareholder approval at a general meeting on June 23. The club is also set to move from being a public limited company to private. Healthcare executive Cavenagh will become chairman, while Paraag Marathe, who is chairman of Leeds and president of 49ers Enterprises, becomes vice-chairman. Rangers say the Scottish Football Association approved the deal late on Thursday night after the club sought consent over dual ownership issues. Sports investment firm 49ers Enterprises owns a majority stake in Leeds. A similar investment into Hibernian involving the Black Knights, the consortium that owns Bournemouth, was subject to SFA requirements that the stake in the Easter Road club did not exceed 30 per cent. The deal will allow Rangers to step up their recruitment of a new manager with outgoing Real Madrid assistant manager Davide Ancelotti the front-runner, but no movement is expected until next week. Cavenagh said: 'We are deeply grateful for the trust placed in us by the Rangers board, shareholders, staff, and supporters. 'This club's history and traditions speak for themselves, but history doesn't win matches. 'We know that the true way to honour the club's heritage will be to drive performance. 'Our focus is simple: elevate performance, deliver results, and bring Rangers back to where it belongs – at the top.' Marathe added: 'At 49ers Enterprises, we have built a track record of sporting and business success, but our driving motivation is our deep connection to the clubs and communities we serve. 'We are excited to join Andrew and our other consortium of investors in a new era for this iconic club, and we are determined to build something that supporters can be proud of for years to come.' Three other United States-based directors, Mark Taber, Andrew Clayton, and Gene Schneur, will join Cavenagh and Marathe as new members of the board. Chief executive Patrick Stewart, outgoing chairman Fraser Thornton, John Halsted and George Taylor will remain on the board while Graeme Park, Julian Wolhardt, and Alastair Johnston are stepping down. Stewart said: 'From my earliest conversations with Paraag and Andrew, I have been excited and confident in the shared vision and what it could mean for the future of Rangers. 'Our focus now is on the hard work ahead, preparing thoroughly for the new season, appointing the right men's head coach, and ensuring we have the structures in place to support success on the pitch.' Thornton added: 'The incoming shareholders bring not only funding but also deep expertise in strategic planning, infrastructure development, and sporting excellence.'
North Wales Chronicle
3 days ago
- Business
- North Wales Chronicle
New Rangers owners promise £20m investment after completing takeover
The Glasgow club announced that a consortium of investors, led by Andrew Cavenagh and 49ers Enterprises, has purchased a majority stake in the club. The new leadership now owns 51 per cent of Rangers following a number of share purchases and has committed to invest £20million into the club, the vast majority to be spent on players. This funding will come in the form of a new share issue, subject to shareholder approval at a general meeting on June 23. The club is also set to move from being a public limited company to private. Healthcare executive Cavenagh will become chairman, while Paraag Marathe, who is chairman of Leeds and president of 49ers Enterprises, becomes vice-chairman. Rangers say the Scottish Football Association approved the deal late on Thursday night after the club sought consent over dual ownership issues. Sports investment firm 49ers Enterprises owns a majority stake in Leeds. A similar investment into Hibernian involving the Black Knights, the consortium that owns Bournemouth, was subject to SFA requirements that the stake in the Easter Road club did not exceed 30 per cent. The deal will allow Rangers to step up their recruitment of a new manager with outgoing Real Madrid assistant manager Davide Ancelotti the front-runner, but no movement is expected until next week. Cavenagh said: 'We are deeply grateful for the trust placed in us by the Rangers board, shareholders, staff, and supporters. 'This club's history and traditions speak for themselves, but history doesn't win matches. 'We know that the true way to honour the club's heritage will be to drive performance. 'Our focus is simple: elevate performance, deliver results, and bring Rangers back to where it belongs – at the top.' Marathe added: 'At 49ers Enterprises, we have built a track record of sporting and business success, but our driving motivation is our deep connection to the clubs and communities we serve. 'We are excited to join Andrew and our other consortium of investors in a new era for this iconic club, and we are determined to build something that supporters can be proud of for years to come.' Three other United States-based directors, Mark Taber, Andrew Clayton, and Gene Schneur, will join Cavenagh and Marathe as new members of the board. Chief executive Patrick Stewart, outgoing chairman Fraser Thornton, John Halsted and George Taylor will remain on the board while Graeme Park, Julian Wolhardt, and Alastair Johnston are stepping down. Stewart said: 'From my earliest conversations with Paraag and Andrew, I have been excited and confident in the shared vision and what it could mean for the future of Rangers. 'Our focus now is on the hard work ahead, preparing thoroughly for the new season, appointing the right men's head coach, and ensuring we have the structures in place to support success on the pitch.' Thornton added: 'The incoming shareholders bring not only funding but also deep expertise in strategic planning, infrastructure development, and sporting excellence.'
Glasgow Times
3 days ago
- Business
- Glasgow Times
New Rangers owners promise £20m investment after completing takeover
The Glasgow club announced that a consortium of investors, led by Andrew Cavenagh and 49ers Enterprises, has purchased a majority stake in the club. The new leadership now owns 51 per cent of Rangers following a number of share purchases and has committed to invest £20million into the club, the vast majority to be spent on players. This funding will come in the form of a new share issue, subject to shareholder approval at a general meeting on June 23. The club is also set to move from being a public limited company to private. Leeds chairman Paraag Marathe has joined the Rangers board (Mike Egerton/PA) Healthcare executive Cavenagh will become chairman, while Paraag Marathe, who is chairman of Leeds and president of 49ers Enterprises, becomes vice-chairman. Rangers say the Scottish Football Association approved the deal late on Thursday night after the club sought consent over dual ownership issues. Sports investment firm 49ers Enterprises owns a majority stake in Leeds. A similar investment into Hibernian involving the Black Knights, the consortium that owns Bournemouth, was subject to SFA requirements that the stake in the Easter Road club did not exceed 30 per cent. The deal will allow Rangers to step up their recruitment of a new manager with outgoing Real Madrid assistant manager Davide Ancelotti the front-runner, but no movement is expected until next week. Davide Ancelotti is the favourite to take over as Rangers manager (Mike Egerton/PA) Cavenagh said: 'We are deeply grateful for the trust placed in us by the Rangers board, shareholders, staff, and supporters. 'This club's history and traditions speak for themselves, but history doesn't win matches. 'We know that the true way to honour the club's heritage will be to drive performance. 'Our focus is simple: elevate performance, deliver results, and bring Rangers back to where it belongs – at the top.' Marathe's Leeds have been promoted to the Premier League (Mike Egerton/PA) Marathe added: 'At 49ers Enterprises, we have built a track record of sporting and business success, but our driving motivation is our deep connection to the clubs and communities we serve. 'We are excited to join Andrew and our other consortium of investors in a new era for this iconic club, and we are determined to build something that supporters can be proud of for years to come.' Three other United States-based directors, Mark Taber, Andrew Clayton, and Gene Schneur, will join Cavenagh and Marathe as new members of the board. Rangers chief executive Patrick Stewart (left) and Fraser Thornton remain on the board (Andrew Milligan/PA) Chief executive Patrick Stewart, outgoing chairman Fraser Thornton, John Halsted and George Taylor will remain on the board while Graeme Park, Julian Wolhardt, and Alastair Johnston are stepping down. Stewart said: 'From my earliest conversations with Paraag and Andrew, I have been excited and confident in the shared vision and what it could mean for the future of Rangers. 'Our focus now is on the hard work ahead, preparing thoroughly for the new season, appointing the right men's head coach, and ensuring we have the structures in place to support success on the pitch.' Thornton added: 'The incoming shareholders bring not only funding but also deep expertise in strategic planning, infrastructure development, and sporting excellence.'
RTÉ News
3 days ago
- Business
- RTÉ News
Rangers' new American owners promise £20m cash injection
Rangers' new American owners have promised a £20m injection into the football side of the Ibrox club after completing their takeover. The Glasgow club announced that a consortium of investors, led by Andrew Cavenagh and 49ers Enterprises, has purchased a majority stake in the club. The new leadership now owns 51% of Rangers following a number of share purchases and has committed to invest £20m into the club, the vast majority to be spent on players. This funding will come in the form of a new share issue, subject to shareholder approval at a general meeting on 23 June. The club is also set to move from being a public limited company to private. Healthcare executive Cavenagh will become chairman, while Paraag Marathe, who is chairman of Leeds and president of 49ers Enterprises, becomes vice-chairman. Rangers say the Scottish Football Association approved the deal late on Thursday night after the club sought consent over dual ownership issues. Sports investment firm 49ers Enterprises owns a majority stake in Leeds. A similar investment into Hibernian involving the Black Knights, the consortium that owns Bournemouth, was subject to SFA requirements that the stake in the Easter Road club did not exceed 30%. The deal will allow Rangers to step up their recruitment of a new manager with outgoing Real Madrid assistant manager Davide Ancelotti the front-runner, but no movement is expected until next week. Cavenagh said: "We are deeply grateful for the trust placed in us by the Rangers board, shareholders, staff, and supporters. "This club's history and traditions speak for themselves, but history doesn't win matches. "We know that the true way to honour the club's heritage will be to drive performance. "Our focus is simple: elevate performance, deliver results, and bring Rangers back to where it belongs - at the top." Marathe added: "At 49ers Enterprises, we have built a track record of sporting and business success, but our driving motivation is our deep connection to the clubs and communities we serve. "We are excited to join Andrew and our other consortium of investors in a new era for this iconic club, and we are determined to build something that supporters can be proud of for years to come." Three other United States-based directors, Mark Taber, Andrew Clayton, and Gene Schneur, will join Cavenagh and Marathe as new members of the board. Chief executive Patrick Stewart, outgoing chairman Fraser Thornton, John Halsted and George Taylor will remain on the board while Graeme Park, Julian Wolhardt, and Alastair Johnston are stepping down. Stewart said: "From my earliest conversations with Paraag and Andrew, I have been excited and confident in the shared vision and what it could mean for the future of Rangers. "Our focus now is on the hard work ahead, preparing thoroughly for the new season, appointing the right men's head coach, and ensuring we have the structures in place to support success on the pitch." Thornton added: "The incoming shareholders bring not only funding but also deep expertise in strategic planning, infrastructure development, and sporting excellence."
