5 Minutes Read

US isolated at UN Security Council over Golan decision

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

Israel captured the Golan Heights from Syria in the 1967 Middle East war and annexed it in 1981 in a move the 15 member UN Security Council declared “null and void and without international legal effect.”

The United States was isolated at the United Nations Security Council on Wednesday over President Donald Trump’s decision to recognise Israel’s sovereignty over the Golan Heights as the other countries on the council opposed the move.

In a letter requesting Wednesday’s meeting, Syria described the US decision as a “flagrant violation” of council resolutions, while ally North Korea issued a statement backing “the struggle of the Syrian government and people for taking back the occupied Golan Heights.”

Israel captured the Golan Heights from Syria in the 1967 Middle East war and annexed it in 1981 in a move the 15 member UN Security Council declared “null and void and without international legal effect.”

British UN Ambassador Karen Pierce told the council that the US decision was in contravention of that 1981 resolution, while Russia’s Deputy UN Ambassador Vladimir Safronkov said Washington had violated UN resolutions and warned it could fuel instability in the Middle East.

The European members of the council – France, Britain, Germany, Belgium and Poland – on Tuesday also raised concerns about “broader consequences of recognising illegal annexation and also about the broader regional consequences.”

Trump, with Israeli Prime Minister Benjamin Netanyahu looking over his shoulder during a visit to Washington, on Monday signed a proclamation officially granting US recognition of the Golan Heights as Israeli territory.

Germany’s UN Ambassador Christoph Heusgen described the Syrian letter as “deeply cynical.”

“The Syrian government has over the past eight years grossly violated the international laws of war and is responsible for grave war crimes and crimes against humanity,” he said, referring to the long-running Syrian civil war.

US Secretary of State Mike Pompeo said earlier on Wednesday that Washington’s decision would help resolve the Israeli-Palestinian conflict by removing uncertainty.

Saudi Arabia, the United Arab Emirates, Bahrain, Qatar and Kuwait on Tuesday criticized the US decision on the Golan Heights and said the territory was occupied Arab land. Iran echoed the comments.

The Security Council deployed a peacekeeping force in 1974 – known as the UN Disengagement Observer Force (UNDOF) – to monitor a ceasefire between Syria and Israel in the Golan Heights. There are more than 880 UN troops on the ground.

US diplomat Rodney Hunter told the council that the US decision on the Golan Heights does not affect the truce or undermine the deployment of the peacekeeping mission.

“UNDOF continues to have a vital role to play in preserving stability between Israel and Syria, most importantly by ensuring that the Area of Separation is a buffer zone free from any military presence or activities,” he told the council.

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
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nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

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Golan Heights an area of beauty, strategic value

Tourists pose for photographs next to a mock road sign for Damascus, the capital of Syria, and other capitals and cities and a cutout of a soldier, in an old outpost in the Israeli controlled Golan Heights near the border with Syria.(AP Photo/Ariel Schalit)
In this October 9, 1967, file photo, an Israeli column passes a burning Syrian tank in the Golan Heights as they head toward the fighting on the Israeli-Syrian front. The Golan Heights is a strategic high ground at the southwestern corner of Syria with stunning broad views of both Israel and Syria below. Israel captured the territory in the 1967 Mideast War and annexed it in 1981, a move that was never recognized by any country in the world. (AP Photo/File)
In this October 1973, file photo, Israeli soldiers look at a long row of burned-out Syrian T-62 tanks hit at the entrance of a village, background, during the Mideast War in the Golan Heights.  (AP Photo/File)
Tourists visit an old military outpost overlooking to Syria in the Israeli controlled Golan Heights. (AP Photo/Ariel Schalit)
Israeli Druze men watch as pro-Palestinian protesters approach the Israel-Syria border in the Golan Heights. The area is a strategic high ground at the southwestern corner of Syria with stunning, broad views of both Israel and Syria below. (AP Photo/Oded Balilty, File)
A view of the village of Bukata in the Golan Heights, an area Israel captured from Syria in the 1967 Middle East War. Israel has built dozens of settlements in the Golan over the years, with an estimated 26,000 Jewish settlers living there as of 2019. Roughly the same number of Arabs live in the area, most of them members of the Druze sect. (AP Photo/Ariel Schalit, File)
Israeli soldiers sit in a position on the border with Syria on the Israeli-controlled Golan Heights as smoke rises following explosions of mortar shells. (AP Photo/Ariel Schalit, File)
Israeli Merkava Mark 4 tank drives close to livestock during an exercise in the Israeli-controlled Golan Heights, near the border with Syria. (AP Photo/Ariel Schalit, File)
Israeli troops take positions, front, as pro-Palestinian protesters approach the border between Israel and Syria near the village of Majdal Shams in the Golan Heights. (AP Photo/Oded Balilty, File)
A UN peacekeeper stands guard on a watch tower at the Quneitra Crossing between Syria and the Israeli-controlled Golan Heights.  (AP Photo/Ariel Schalit, File)
Metal boards in the shape of gunmen sit on an old bunker at an observation point on Mount Bental in the Israeli controlled Golan Heights, overlooking the border with Syria. The Golan front has been mostly quiet since 1974, a year after Syria and Israel fought a war during which Damascus unsuccessfully tried to retake the plateau. (AP Photo/Ariel Schalit, File)
Israeli Prime Minister Benjamin Netanyahu, center, Republican US Senator Lindsey Graham, left, and US Ambassador to Israel David Friedman, right, visit the border between Israel and Syria in the Israeli-held Golan Heights.(Ronen Zvulun/Pool Photo via AP, File)
Druze men carry Syrian flags during a rally marking Syria’s Independence Day, in the Druze village of Ein Qiniyye, Israeli-controlled Golan Heights. (AP Photo/Ariel Schalit)
 5 Minutes Read

US ally declares Islamic State defeated, “caliphate” eliminated

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

Islamic State originated as an al Qaeda faction in Iraq, but it took advantage of Syria’s civil war to seize land there and split from the global jihadist organisation.

Islamic State has been defeated at its final shred of the territory of Baghouz in Syria, the US-backed Syrian Democratic Forces (SDF) said on Saturday, announcing the end of its self-declared “caliphate” that once spanned a third of Iraq and Syria.

The SDF declared the “total elimination of (the) so-called caliphate”, Mustafa Bali, head of the SDF media office, wrote on Twitter.

“Baghouz has been liberated. The military victory against Daesh has been accomplished,” he wrote.

The SDF has been battling to capture Baghouz at the Iraqi border for weeks.

Daesh is an Arabic acronym for Islamic State. “We renew our pledge to continue the war and to pursue their remnants until their complete elimination,” he wrote.

Though the defeat of Islamic State at Baghouz ends the group’s grip over the jihadist quasi-state straddling Syria and Iraq that it declared in 2014, it remains a threat.

Some of its fighters still hold out in Syria’s remote central desert and in Iraqi cities they have slipped into the shadows, staging sudden shootings or kidnappings and awaiting a chance to rise again.

The United States believes the group’s leader, Abu Bakr al-Baghdadi, is in Iraq. He stood at the pulpit of the great medieval mosque in Mosul in 2014 to declare himself caliph, sovereign over all Muslims.

Further afield, jihadists in Afghanistan, Nigeria and elsewhere have shown no sign of recanting their allegiance to Islamic State, and intelligence services say its devotees in the West might plot new attacks.

The Syrian ambassador to the United Nations, Bashar Ja’afari, said on Friday Islamic State was not yet finished in Syria, adding that it was the Damascus government backed by Russia and Iran that was genuinely battling it, not the United States.

Still, the fall of Baghouz is a big milestone in a fight against the jihadist group waged by numerous local and global forces – some of them sworn enemies – over more than four years.

It also marks a big moment in Syria’s eight-year war, wiping out the territory of one of the main contestants, with the rest split between President Bashar al-Assad, Turkey-backed rebels and the Kurdish-led SDF.

Assad and his Iranian allies have sworn to recapture all Syria, and Turkey has threatened to drive out the SDF, which it sees as a terrorist group, by force. The continued presence of US troops in northeast Syria might avert this.

GRISLY RULE

Islamic State originated as an al Qaeda faction in Iraq, but it took advantage of Syria’s civil war to seize land there and split from the global jihadist organisation.

In 2014, it suddenly grabbed Iraq’s Mosul, one of the region’s great historic cities, as well as Syria’s Raqqa, and swathes of land each side of the border.

It declared an end to modern countries and called on supporters to leave their homes and join the jihadist utopia it claimed to be erecting, trumpeting its currency, flag, passports and military parades.

Oil production, extortion and antiquities smuggling financed its agenda, which included the slaughter of some minorities, public slave auctions of captured women, grotesque punishments for minor crimes and the choreographed killing of hostages.

Those excesses brought an array of forces against it, forcing it from Mosul and Raqqa in a year of heavy defeats in 2017 and driving it, eventually, down the Euphrates to Baghouz.

Over the past two months, some 60,000 people poured out of that dwindling enclave, fleeing SDF bombardment and a shortage of food so severe that some said they were reduced to cooking grass.

A mass grave the SDF discovered there last month showed there were other dangers in the enclave, though it has released no details on the identities of the victims or how they died.

Civilians made up more than half the people leaving Baghouz, the SDF said, including Islamic State victims such as women from the Iraqi Yazidi sect whom the jihadists had sexually enslaved.

Thousands of the group’s unbending supporters also abandoned the enclave while still vowing their allegiance to a ruined caliphate and showing no remorse for its victims.

At displacement camps in northeast Syria where they were sent by the SDF, the hardliners, including many foreign women who came to Syria and Iraq to marry jihadists, had to be kept away from other, often traumatized, residents.

Their fate has befuddled foreign governments, who see them as a security threat and are loath to accede to SDF entreaties to take them back home.

DEFEAT

As the fighting progressed in recent weeks, the convoys of trucks from Baghouz started to include hundreds, and then thousands, of surrendering jihadist fighters, many hobbling from their wounds.

The SDF said it captured hundreds more in recent weeks who tried to slip through its cordon and escape into Iraq or across the Euphrates and into the Syrian desert.

In the end, they were besieged in a tiny camp full of rusting vehicles and makeshift shelters, pinned against the Euphrates and overlooked by hills held by the SDF.

Islamic State released video from inside that miserable, shell-pounded enclave, showing its last fighters still shooting at the SDF as smoke billowed overhead.

It was an attempt to shape the narrative of its defeat, portraying it as a heroic last stand against overwhelming odds and a call to arms for future jihadists.

But the footage shown by the SDF in recent weeks was of long lines of abject, surrendering fighters, sitting or squatting in a desolate landscape, their dreams dashed.

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

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Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
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 5 Minutes Read

Over 60,000 people, mostly civilians, have fled from last IS Syria enclave, says US-backed group

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

SDF spokesman Kino Gabriel told journalists that 29,600 people, the majority of whom were families of fighters of the group, had surrendered since the US-backed forces led by the Kurdish YPG laid siege to the town of Baghouz and its hinterland on the Euphrates River.

The US-backed Syrian Democratic Forces (SDF) said on Sunday over 60,000 people, mostly civilians, had flooded out of the Islamic State militant group’s last enclave in eastern Syria since a final assault to capture it began over two months ago.

SDF spokesman Kino Gabriel told journalists that 29,600 people, the majority of whom were families of fighters of the group, had surrendered since the US-backed forces led by the Kurdish YPG laid siege to the town of Baghouz and its hinterland on the Euphrates River.

Among them were 5,000 militants, the SDF said.

Another 34,000 civilians were evacuated from Baghouz, the last shred of territory held by the jihadists who have been driven from roughly one-third of Iraq and Syria over the past four years, Gabriel said.

The group said that 1,306 “terrorists” had been killed alongside many who were injured in the military campaign that began on January 9 while 82 SDF fighters had been killed and 61 injured.

The SDF said another 520 militants were captured during special operations conducted in the last militant bastion that comprises a group of villages surrounded by farmland where IS fighters and followers retreated as their “caliphate” was driven from once vast territories.

Former residents say hundreds of civilians have been killed in months of heavy aerial bombing by the US-led coalition that has leveled to the ground many of the hamlets in the area along the border with Iraq.

The SDF has mostly transferred the tens of thousands who have fled Islamic State’s shrinking territory in recent months to a camp at al-Hol in the northeast.

The United Nations says the camp now holds around 67,000 people, 90 percent of them women and children – well beyond its capacity. Camp workers say they do not have enough tents, food or medicine. They have warned of diseases spreading.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
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 5 Minutes Read

Iran warns of firm response if Israel acts against its oil shipments

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

Israel’s Prime Minister Benjamin Netanyahu told naval officers last week that Iran was still resorting to clandestine measures to ship fuel.

Iran will respond firmly to any Israeli naval action against its oil shipments, Iran’s defence minister said on Wednesday, in comments that came a week after Israel’s prime minister said its navy could act against Iranian oil “smuggling” to evade US sanctions.

US President Donald Trump last year quit a nuclear deal with Iran and reimposed some sanctions, aiming to cut Tehran’s oil exports to zero. Israel’s Prime Minister Benjamin Netanyahu told naval officers last week that Iran was still resorting to clandestine measures to ship fuel.

Iran’s Minister of Defense Amir Hatami was quoted as saying by the state news agency IRNA that Tehran had the military capabilities to confront any Israeli intervention, and said the international community would also not accept such action.

Hatami said such confrontation would be considered as “piracy” and warned that “if it happens, we will firmly respond.”

“The Iranian armed forces have certainly the capabilities to protect the country’s shipping lines in the best way against any possible threat,” Hatami said.

According to maritime experts, Iran has used a variety of measures to evade sanctions, including changing the names of ships or flag registries, switching off location transponders on ships and conducting ship-to-ship transfers offshore and away from large trade hubs.

Iran’s navy has extended its reach in recent years, dispatching vessels to the Indian Ocean and the Gulf of Aden. They intervened on Friday to repel pirates who attacked an Iranian oil tanker in the Gulf of Aden.

The Israeli navy, whose largest vessels are missile corvettes and a small submarine fleet, is mostly active in the Mediterranean and Red seas.

Iran has one of the world’s biggest tanker fleets in the world.

In November, US Special Representative for Iran Brian Hook called Iranian vessels a “floating liability”, saying the US sanctions would bar them from international insurance markets, making them a risk for ports and canals which allow them access.

Iranian officials have threatened to block the Strait of Hormuz, a major oil shipping route in the Gulf, if the United States attempts to stop the Islamic Republic’s oil exports.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
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Long recovery ahead in former Syria rebel enclave eastern Ghouta

A man rides on a bike past rubble in Ein Terma, a district of eastern Ghouta, Syria. (REUTERS/Omar Sanadiki)
Samiha Fares prepares food in her kitchen in Ein Terma, a district of eastern Ghouta. (REUTERS/Omar Sanadiki)
A man sells goods along a street in Ein Terma, a district of eastern Ghouta, Syria. (REUTERS/Omar Sanadiki)
A woman walks past fuel put for sale in Ein Terma. (REUTERS/Omar Sanadiki)
A general view of damaged buildings in Ein Terma. (REUTERS/Omar Sanadiki)
A worker works at a construction site in Ein Terma. (REUTERS/Omar Sanadiki)
A construction site in Ein Terma. (REUTERS/Omar Sanadiki)
Workers work at a construction site in Ein Terma. (REUTERS/Omar Sanadiki)
 5 Minutes Read

Netanyahu’s campaign in Israel draws accusations of incitement

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

The Israeli leader, slumping in the polls after the dramatic announcement of his pending corruption indictment, is portraying Tibi as a threat to national security in a charged campaign that critics say questions the loyalty of the country’s Arab citizens.

When Prime Minister Benjamin Netanyahu has run into political trouble in the past, he has lashed out at the media, the political opposition and Israel’s Arab minority with incendiary and divisive language to galvanize his nationalist base.

Ahead of April 9 elections, Netanyahu has zoned in on prominent Arab lawmaker Ahmad Tibi.

The Israeli leader, slumping in the polls after the dramatic announcement of his pending corruption indictment, is portraying Tibi as a threat to national security in a charged campaign that critics say questions the loyalty of the country’s Arab citizens.

Using his own nickname, Netanyahu has been repeating a campaign mantra: “Bibi or Tibi.” The snappy slogan, eagerly parroted by his hard-line allies, highlights Netanyahu’s efforts to paint his challengers as weak “leftists” conspiring with Arab Israelis and a hostile media to oust him.

It also shines a spotlight on Tibi — an affable, media-savvy political veteran who speaks fluent Hebrew. Tibi is known for his harsh criticism of government policies toward the country’s Arab citizens and toward Palestinians who live under Israeli control in territories Israel captured in 1967.

“Until this week, I didn’t know that against my will I was a leading candidate for prime minister,” he said with a smile from his home in an Arab neighbourhood of Jerusalem.

Despite the humour, Tibi said he is concerned about what he views as Netanyahu’s attempt to demonize Israel’s Arab minority.

“He is delegitimizing the Arab parties, the Arab lawmakers and the Arab public in general,” he said. “He’s trying to transmit that it is either me, the supposed patriotic Jewish leader, or the Arabs will take over the country and decide who will be the prime minister. And he portrays this as a nightmare.”

Arabs make up about 20 percent of Israel’s 9 million residents. They hold full citizenship rights but have faced decades of discrimination.

The outgoing Netanyahu-led government further stoked tensions by passing a controversial law that defines Israel as the nation-state of the Jewish people. A parliamentary panel recently recommended banning an Arab party from running in the election, while Netanyahu has courted anti-Arab extremists in hopes of improving his re-election chances.

Part of Netanyahu’s typical stump speech these days alleges that his prime challenger, ex-military chief Benny Gantz, will be unable to build a ruling coalition without the backing of Arab parties. Arab parties never sat in an Israeli coalition government, and they say they have no interest in doing so now.

Gantz has been quick to reject the association, flaunting his tough military record of pounding Gaza militants and saying he would not rely on the Arab bloc in parliament to stabilize a future government.

The charge nonetheless is part of the Netanyahu campaign playbook that has worked before.

Fearing a possible loss on election day in 2015, Netanyahu mobilized his supporters by releasing a frantic midday video in which he warned that Arab voters were heading “in droves” to the polls. The move, for which he later apologized, appeared to help turn the tide and secure another term for him.

If he wins again, he’s expected to walk back his rhetoric once more, said Yohanan Plesner, president of the non-partisan Israel Democracy Institute.

Plesner said Netanyahu tends to speak in two voices about the Arab minority.

He said Netanyahu has earmarked unprecedented budgets to Arab communities to try to close the wide economic gaps between Arabs and Jews.

But during election campaigns, Netanyahu attempts to mobilize his base, Plesner said. Netanyahu “recruits the ultimate ‘other’ of Israeli life, which is the Arab minority,” he said. “It is cynical, and it is effective.”

Such rhetoric will encourage more Arab voters to sit out the election, said Thabet Abu Rass, co-director of the Abraham Fund Initiatives, a non-profit dedicated to promoting equality in Israel.

“A lot of people are now saying we cannot continue to play the game and pretend Israel is a state for all its citizens,” he said. “And they’ll say we have to highlight this by boycotting the election.”

At the same time, many Israeli Jews, especially among Netanyahu’s right-wing base, consider the Arab minority disloyal for sympathizing with the Palestinians and other Arab adversaries. A decade ago, Arab lawmaker Azmi Bishara fled into exile after he was accused of spying for Hezbollah — a charge he denied.

The 60-year-old Tibi illustrates many of the contradictions faced by Israel’s Arabs. He’s worked as a gynaecologist in Israeli hospitals and served for years as a member of parliament, but also advised Yasser Arafat, the late Palestinian leader.

For the past two decades, Tibi has advocated for Arab rights in Israel and for a Palestinian state. Hard-line lawmakers frequently brand him a fifth-column in the Israeli legislature.

But he is also considered the most popular Arab lawmaker, even among Israeli Jews. He is a regular on their television screens, known for his witty quips.

In parliament, he’s earned praise for his environmental and consumer legislation and for his promotion of Holocaust commemoration that touched many Jews.

In the current election campaign, he has refrained from endorsing any of Netanyahu’s challengers, wary of playing into the prime minister’s hands. Tibi said he is ill at ease with the leadership of the Blue-and-White party, which includes Gantz and two other former chiefs of what he calls the “occupation army.”

But he makes no qualms about wanting to unseat Netanyahu, whom he accuses of “Arab hatred” and of leading Israel down a dangerous path by deepening control over the occupied West Bank and its millions of Palestinians.

“It’s possible that Benjamin Netanyahu is leading us toward a binational state, and then it will either be an apartheid state in which only the Jews can vote or a democratic country in which there is one person, one vote,” he said. “If that happens, tomorrow I will run against Bibi. Then it will really be Bibi or Tibi.”

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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US closes Jerusalem consulate, demoting Palestinian mission

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

The United States has officially shuttered its consulate in Jerusalem, downgrading the status of its main diplomatic mission to the Palestinians by folding it into the US Embassy to Israel. For decades, the consulate functioned as a de facto embassy to the Palestinians. Now, that outreach will be handled by a Palestinian affairs unit, under …

The United States has officially shuttered its consulate in Jerusalem, downgrading the status of its main diplomatic mission to the Palestinians by folding it into the US Embassy to Israel.

For decades, the consulate functioned as a de facto embassy to the Palestinians. Now, that outreach will be handled by a Palestinian affairs unit, under the command of the embassy.

The symbolic shift hands authority over US diplomatic channels with the West Bank and Gaza to ambassador David Friedman, a longtime supporter and fundraiser for the West Bank settler movement and fierce critic of the Palestinian leadership.

The announcement from the State Department came early Monday in Jerusalem, the merger effective that day.

“This decision was driven by our global efforts to increase the efficiency and effectiveness of our diplomatic engagements and operations,” State Department spokesman Robert Palladino said in a statement. “It does not signal a change of US policy on Jerusalem, the West Bank, or the Gaza Strip.”

When first announced by US Secretary Mike Pompeo in October, the move infuriated Palestinians, fuelling their suspicions that the US was recognising Israeli control over east Jerusalem and the West Bank, territories that Palestinians seek for a future state.

Palestinian official Saeb Erekat called the move “the final nail in the coffin” for the US role in peacemaking.

The downgrade is just the latest in a string of divisive decisions by the Trump administration that have backed Israel and alienated the Palestinians, who say they have lost faith in the US administration’s role as a neutral arbiter in the peace process.

Last year, the US recognised Jerusalem as Israel’s capital and relocated its embassy there, upending US policy toward one of the most explosive issues of the Israeli-Palestinian conflict. The Palestinians, in turn, cut off most ties with the administration.

The administration also has slashed hundreds of millions of dollars in humanitarian aid to the Palestinians, including assistance to hospitals and peace-building programmes. It has cut funding to the UN agency that provides aid to Palestinians classified as refugees. Last fall, it shut down the Palestinian diplomatic mission in Washington.

The Trump administration has cited the reluctance of Palestinian leaders to enter peace negotiations with Israel as the reason for such punitive measures, although the US has yet to present its much-anticipated but still mysterious “Deal of the Century” to resolve the Israeli-Palestinian conflict.

Trump’s son-in-law, Jared Kushner, announced last month that the US would unveil the deal after Israeli elections in April. The Palestinian Authority has preemptively rejected the plan, accusing the US of bias toward Israel.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Iran’s President faces calls to resign over economic crisis

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Already lashed by criticism over his collapsing nuclear deal and renewed tensions with the US, the relatively moderate Rouhani faces anger from clerics, hard-line forces and an ever-growing disaffected public that now threatens his position.

As Iran marked the 40th anniversary of its Islamic Revolution, a white-turbaned Shiite cleric at one commemoration targeted President Hassan Rouhani, a fellow clergyman, with this sign: “You who are the cause of inflation; we hope you won’t last until spring.”

Already lashed by criticism over his collapsing nuclear deal and renewed tensions with the US, the relatively moderate Rouhani faces anger from clerics, hard-line forces and an ever-growing disaffected public that now threatens his position.

Iranian presidents typically see their popularity erode during their second four-year terms, but analysts say Rouhani is particularly vulnerable because of the economic crisis assailing the country’s rial currency, which has hurt ordinary Iranians and emboldened critics to openly call for his ouster.

Though such a move only has happened once in the Islamic Republic’s four-decade history, the popular discontent heard on streets throughout Iran now could make it possible.

“I don’t care who is in the presidential palace: a cleric, a general or anybody else,” said Qassim Abhari, who sells hats and socks on the streets of Tehran. “We need someone who creates jobs and firmly pushes the brake pedal on rising prices.”

It’s been a long fall for Rouhani, who secured the 2015 nuclear deal after two years in office and won the praise of Iranians, who flooded the streets to celebrate it. Under the deal, Iran limited its enrichment of uranium in exchange for the lifting of economic sanctions.

But the benefits of the deal never reached much of the Iranian public. Even before President Donald Trump pulled America from the accord in May, uncertainty over its future caused the rial to crater, fueling sporadic, nationwide protests.

Now the rial is dropping again, down to 133,000 to $1. It had been 32,000 to the dollar at the time of the deal. On social media, hard-liners share price lists showing food staples like beans, rice and tomato paste rising as much as 238 percent.

Hard-liners stopped parliament speaker Ali Larijani, an ally of Rouhani, from addressing a crowd in Karaj, only 40 kilometers (25 miles) west of Tehran. Rouhani’s Foreign Minister Mohammad Javad Zarif, typically collected, appeared visibly frustrated at times during a recent security conference in Munich.

Hassan Abbasi, a retired general in Iran’s hard-line Revolutionary Guard, which answers to Supreme Leader Ayatollah Ali Khamenei, gave a speech after Karaj saying he believed people will spit on Rouhani, Larijani and Zarif in the streets over the nuclear deal after they leave office. He said they are “shivering” over the accord’s collapse.

“Mr. Hassan Rouhani, Mr. Zarif and Mr. Larijani, go to hell,” Abbasi said to applause.

Tension between hard-liners and more-moderate forces within Iran are nothing new. The Islamic Republic’s political structure muddles who wields power between paramilitary forces within the Guard and the country’s civilian government. Reformist President Mohammad Khatami faced similar pressures in his second term, which then gave way to hard-line populist President Mahmoud Ahmadinejad.

But Khatami didn’t face the same grinding economic pressure, or an American president like Donald Trump, whose administration has taken a maximalist approach toward pressuring Tehran. Analysts say that only further weakens Rouhani’s hand.

“You, Mr. President, have only 15 to 20 percent of the power” within Iran’s government, the pro-Rouhani daily newspaper Jomhouri Eslami said in a January editorial. “You cannot run the country with this amount of power and be accountable for all its difficulties and problems.”

Rouhani himself seemed to acknowledge the pressure he faces during a visit to the Iranian port city of Bandar Abbas on Monday.

“Presidential elections happen every four year,” he said. “When people voted for a particular viewpoint, all should go after that and support” it.

Nine hard-line lawmakers have put forward a measure to disqualify Rouhani as president. His dismissal would require two-thirds of parliament’s 290 members, but there is a precedent. In 1981, parliament disqualified the liberal Abolhassan Banisadr as president, and then Supreme Leader Ayatollah Ruhollah Khomeini dismissed him.

Iranian law also allows Rouhani to resign, and criminal charges could push him from his post. His brother, Hossein Fereidoun, is on trial over corruption charges that his supporters call politically motivated.

Mahmoud Vaezi, a spokesman for Rouhani, on Wednesday dismissed those pursuing impeachment as belonging to “a group in parliament that opposes everything.” However, they aren’t the only source of pressure.

Reformists, those who want to change Iran’s political system from the inside, have grown increasingly disenchanted with Rouhani over his inability to end the house arrests of opposition leaders Mir Hossein Mousavi and Mahdi Karroubi. Rouhani ran for election in 2013 and 2017 promising to free the two leaders of the 2009 Green Movement.

Meanwhile, hard-line clerics have opposed his administration’s efforts to join international anti-money-laundering conventions, fearing that could cut off support to Lebanon’s Hezbollah militant group and others. State television, long controlled by hard-liners, has played up speeches by military officials and increasingly airs segments glorifying those who fought in the 1980s war in Iraq.

“When Rouhani will not be in power, people will choose his alternative,” said hard-line lawmaker and cleric Mojtaba Zolnouri, who signed onto the Rouhani impeachment effort. “Whoever people choose, we welcome.”

Rouhani’s four-year term runs until 2021. But Tehran-based political-economic analyst Saeed Leilaz echoed the sentiments of many in saying the next few weeks could prove crucial to the embattled president. Some have suggested even ending the position of president and returning to a parliamentary system.

“In the spring, parallel with intensifying pressures and problems, Rouhani may resign or the (government’s) structure may change,” he said.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Netanyahu makes deal with far-right party ahead of Israeli election

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

The deal, announced by Netanyahu’s Likud and the ultranationalist Jewish Home party, was aimed at solidifying a potential right-wing coalition after the April 9 parliamentary election.

Prime Minister Benjamin Netanyahu forged an election alliance with a farright party on Wednesday that could give followers of the late anti-Arab rabbi, Meir Kahane, a stronger voice in Israeli politics.

The deal, announced by Netanyahu‘s Likud and the ultranationalist Jewish Home party, was aimed at solidifying a potential right-wing coalition after the April 9 parliamentary election.

Opinion polls predict Netanyahu‘s Likud will win the most parliamentary seats and will be in a position to form a governing coalition of rightist and religious parties similar to the one he now heads.

But the surveys also show that a possible alliance between two of his strongest centrist opponents, former armed forces chief Benny Gantz, who leads the Resilience Party, and ex-finance minister Yair Lapid, head of the Yesh Atid faction, could spark an upset.

Gantz and Lapid met on Wednesday, with speculation high they could strike a deal.

Moving to counter that prospective partnership, Netanyahu agreed to set aside two cabinet posts for Jewish Home on condition it agreed to a merger with the Jewish Power party, whose leaders have portrayed themselves as Kahane’s successors.

Jewish Home’s chairman said in a statement he accepted the deal after talks with Netanyahu. Its central committee then met and ratified the pact, party officials said.

Jewish Power has already agreed to the merger, saying it would “prevent the establishment of a leftist government, God forbid”.

Such an alliance could be crucial to the two parties’ survival: opinion polls have shown that Jewish Home and Jewish Power might not garner enough votes on their own to win even a single seat in the Knesset.

Kahane, a U.S.-born rabbi, served one term in the Knesset in the 1980s as head of the Kach party, which advocated the “transfer” of Palestinians to neighbouring Arab countries and also called for a ban on intermarriage between Israeli Jews and Arabs.

Kahane’s movement was subsequently banned from Israeli politics as racist. He was assassinated in 1990 in New York by an Egyptian-born American.

Netanyahu‘s political future has also been clouded by three corruption cases. The attorney-general is weighing whether to accept police recommendations to indict him over allegations he wrongfully accepted gifts from wealthy businessmen and dispensed favours to try to win favourable coverage in an Israeli newspaper and a website.

In office since 2009, after an earlier term as prime minister from 1996 to 1999, Netanyahu has denied wrongdoing. He says he is a victim of a left-wing witchhunt to topple him.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

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Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
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What coins do you think will be valuable over next 3 years?

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Should Elon Musk be able to buy Twitter?