Ukraine forces pulling out of Vuhledar frontline town after 2 years of intense fighting

Ukraine forces pulling out of Vuhledar frontline town after 2 years of intense fighting
An aerial view of Vuhledar, the site of heavy battles with the Russian troops in the Donetsk region, Ukraine, on Feb. 10, 2023. (AP/File)
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Updated 03 October 2024
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Ukraine forces pulling out of Vuhledar frontline town after 2 years of intense fighting

Ukraine forces pulling out of Vuhledar frontline town after 2 years of intense fighting
  • Ukraine said it was withdrawing troops from Vuhledar to “protect military personnel and equipment”
  • Vuhledar is the latest urban settlement to fall to the Russians as the war stretches deep into its third year

KYIV: Ukrainian forces are withdrawing from the front-line town of Vuhledar, perched atop a tactically significant hill in eastern Ukraine, after more than two years of grinding battle, military officials said Wednesday.
Vuhledar, a town Ukrainian forces fought tooth and nail to keep, is the latest urban settlement to fall to the Russians as the war stretches deep into its third year and the Ukrainian army is gradually being pushed backward in the eastern Donetsk province.
It follows a vicious summer campaign along the eastern front that saw Kyiv cede several thousand square kilometers of territory as the Russian army hacks its way westward, obliterating towns and villages with missiles, glide bombs, artillery and drones.
Ukraine’s Khortytsia ground forces formation, which commands eastern regions including Donetsk, said in a statement posted on Telegram it was withdrawing troops from Vuhledar to “protect military personnel and equipment.”
“In an attempt to take control of the city at any cost, (Russian) reserves were directed to carry out flanking attacks, which exhausted the defense of the units of the Armed Forces of Ukraine. As a result of the enemy’s actions, there arose a threat of encircling the city,” the statement said.
The tactical significance of the town, situated at the confluence of two major roads, is two-fold. Dominant heights and proximity to railway lines offer Moscow greater protection for their own logistics routes, and a better vantage point for attacks against Ukrainian forces and supply lines feeding the south.
Its capture is another notch in Moscow’s belt, bringing it closer to the key logistics hub of Pokrovsk.
 


What We Are Reading Today: ‘The Owl and the Nightingale’

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Photo/Supplied
Updated 1 min 56 sec ago
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What We Are Reading Today: ‘The Owl and the Nightingale’

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Author: SIMON ARMITAGE

“The Owl and the Nightingale,” one of the earliest literary works in Middle English, is a lively, anonymous comic poem about two birds who embark on a war of words in a wood, with a nearby poet reporting their argument in rhyming couplets, line by line and blow by blow.

In this engaging and energetic verse translation, Simon Armitage captures the verve and humor of this dramatic tale with all the cut and thrust of the original.

 


Getty Images, Shutterstock gear up for AI challenge with $3.7 bln merger

Getty Images, Shutterstock gear up for AI challenge with $3.7 bln merger
Updated 1 min 45 sec ago
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Getty Images, Shutterstock gear up for AI challenge with $3.7 bln merger

Getty Images, Shutterstock gear up for AI challenge with $3.7 bln merger
  • Deal faces potential antitrust scrutiny
  • Merger aims to cut costs and unlock new revenue streams as companies grapple with the rise of generative AI tools

LONDON: Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock-image powerhouse geared for the artificial intelligence era, in a deal likely to draw antitrust scrutiny.
The companies, two of the largest players in the licensed visual content industry, are betting that the combination will help them cut costs and grow their business by unlocking more revenue opportunities at a time when the growing use of generative AI tools such as Midjourney poses a threat to the industry.
Shutterstock shareholders can opt to receive either $28.80 per share in cash, or 13.67 shares of Getty, or a combination of 9.17 shares of Getty and $9.50 in cash for each Shutterstock share they own. The offer represents a deal value of more than $1 billion, according to Reuters calculations.
Shutterstock’s shares jumped 22.7 percent, while Getty was up 39.7 percent. Stocks of both companies have declined for at least the past four years, as the rising use of mobile cameras drives down demand for stock photography.
Getty CEO Craig Peters will lead the combined company, which will have annual revenues of nearly $2 billion and stands to benefit from Getty’s large library of visual content and the strong community on Shutterstock’s platform.
Peters downplayed the impact of AI on Tuesday and said that he was confident the merger would receive antitrust approval both in the United States and Europe.
“We don’t control the timing of (the approval), but we have a high confidence. This has been a situation where customers have not had choice. They’ve always had choice,” he said.
Some experts say US President-elect Donald Trump’s recent appointments to the Department of Justice Antitrust Division signal that there would be little change to the tough scrutiny that has come to define the regulator in recent years.
“With Gail Slater at the helm, the antitrust division is going to be a lot more aggressive under this Trump administration than it was under the first one,” said John Newman, professor of law at the University of Miami.
Regulators will examine how the deal impacts the old-school business model of selling images to legacy media customers, as well as the new business model of offering copyright-compliant generative-AI applications to the public.
The deal is expected to generate up to $200 million in cost savings three years after its close. Getty investors will own about 54.7 percent of the combined company, while Shutterstock stockholders will own the rest.
Getty competes with Reuters and the Associated Press in providing photos and videos for editorial use.


Pakistan’s Punjab offers health, education, religious tourism incentives to Saudi investors

Pakistan’s Punjab offers health, education, religious tourism incentives to Saudi investors
Updated 13 min 45 sec ago
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Pakistan’s Punjab offers health, education, religious tourism incentives to Saudi investors

Pakistan’s Punjab offers health, education, religious tourism incentives to Saudi investors
  • Punjab CM Maryam Nawaz meets Prince Mansour, former governor of Hafr Al-Batin province
  • Pakistan and Saudi Arabia have sought closer business and economic ties in recent months

ISLAMABAD: The chief minister of Pakistan’s Punjab province has offered Saudi investors incentives as part of a “special package” to explore opportunities in religious tourism, health, education and infrastructure, state-run media reported this week.

Punjab Chief Minister Maryam Nawaz Sharif met Prince Mansour bin Mohammed Al Saud, former governor of Saudi Arabia’s Hafr Al-Batin province, on Monday to discuss promoting bilateral relations and mutual cooperation between Saudi Arabia and Punjab, according to the Associated Press of Pakistan.

The two nations enjoy cordial ties, with Riyadh frequently assisting cash-strapped Pakistan by supplying oil on deferred payment terms and financial support to stabilize its economy.

“During the discussions, the chief minister invited Saudi investors to explore opportunities in infrastructure, health, education and religious tourism in Punjab,” APP reported. “She assured Saudi investors of her government’s full cooperation and the provision of incentives under a special package.”

Sharif praised Saudi Arabia’s longstanding cooperation with Pakistan, saying Riyadh was like an older brother.

“The hearts of the people of both countries beat together,” she is quoted as saying.

“The Punjab government has ensured foolproof security and established a system based on merit to improve the business environment in the province.”

APP said Prince Mansour assured Pakistan of Saudi Arabia’s support.

“The relationship between Pakistan and Saudi Arabia is crucial for the stability and prosperity of the entire region,” he said. “Saudi Arabia will always stand by Pakistan.”

The Kingdom is home to over 2 million Pakistani expatriates and is the source of most overseas workers’ remittances for Pakistan.

The two countries have forged strong business and economic relations in recent months. In October 2024, Pakistan and Saudi Arabia signed several memorandums of understanding valued at $2.8 billion. In December, Sharif’s office confirmed that seven of 34 MoUs had been converted into agreements worth $560 million.

 


Trump Middle East envoy predicts ‘good things’ to announce on Gaza hostages before inauguration

Trump Middle East envoy predicts ‘good things’ to announce on Gaza hostages before inauguration
Updated 7 min 25 sec ago
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Trump Middle East envoy predicts ‘good things’ to announce on Gaza hostages before inauguration

Trump Middle East envoy predicts ‘good things’ to announce on Gaza hostages before inauguration
  • “Well, I think we’re making a lot of progress, and I don’t want to say too much because I think they’re doing a really good job back in Doha,” Witkoff said
  • “I’m really hopeful that by the inaugural, we’ll have some good things to announce on behalf of the president“

WASHINGTON: President-elect Donald Trump’s Middle East envoy Steve Witkoff said on Tuesday he hopes to have good things to report about hostages held by Hamas in Gaza by the time Trump is sworn in as US president on Jan. 20.
“Well, I think we’re making a lot of progress, and I don’t want to say too much because I think they’re doing a really good job back in Doha,” Witkoff said at a Trump press conference in Palm Beach, Florida.
Doha has been hosting negotiations on a ceasefire in the Gaza war that would include freeing hostages that Hamas abducted in its Oct. 7, 2023, attack on Israel. Doha is capital of the Gulf state of Qatar, which along with Egypt and the US has been mediating negotiations between Israel and Hamas.
Witkoff said that if he did not travel back to Doha on Tuesday night, he would head there on Wednesday night.
“I think that we’ve had some really great progress, and I’m really hopeful that by the inaugural, we’ll have some good things to announce on behalf of the president,” Witkoff said.
Trump, a Republican who will succeed Democratic President Joe Biden, repeated his threat that “all hell will break out in the Middle East” if Hamas does not release the hostages by the time he takes office.
“It will not be good for Hamas, and it will not be good, frankly, for anyone,” he said.
Hamas-led Islamist militants killed 1,200 people and captured more than 250, including Israeli-American dual nationals, during their Oct. 7 attack, according to Israeli tallies.
More than 100 hostages have been freed through negotiations or Israeli military rescue operations. Of the 101 still held in Gaza, roughly half are believed to be alive.
Israel’s subsequent campaign against Hamas has killed more than 45,000 Palestinians, most of them civilians, according to Palestinian health officials, displaced nearly all of the population in Hamas-ruled Gaza and reduced much of its territory to rubble.


Gaza clan leaders urge Palestinian Authority to govern coastal enclave

Gaza clan leaders urge Palestinian Authority to govern coastal enclave
Updated 28 min 1 sec ago
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Gaza clan leaders urge Palestinian Authority to govern coastal enclave

Gaza clan leaders urge Palestinian Authority to govern coastal enclave
  • Community leaders demand a stop to ongoing forced Israeli displacement of Palestinians from northern Gaza
  • Confirm the Palestine Liberation Organization is the sole representative of the Palestinian people

LONDON: Clan leaders in Gaza City and northern Gaza called for the Palestinian Authority to govern the coastal enclave in a rare public statement this week.

Prominent clan leaders in the Gaza Strip have requested President Mahmoud Abbas take charge of Gaza’s affairs, which have been affected by Israel’s war in the enclave and clashes between Hamas fighters and Israeli forces since October 2023.

Some signatories include Yahya Ayub Al-Kafarnah, chief of Gaza’s northern clans; Zakaria Jahshan, coordinator of the Christian denominations; and Mohammed Al-Masry, former mayor of Beit Lahia municipality, along with many other community leaders, dignitaries, and Mukhtars.

They urged the PA to lead the Gaza Strip, connect it to the West Bank geographically, and stop the ongoing forced displacement of Palestinians from northern Gaza by Israel.

They confirmed that the Palestine Liberation Organization, which neither Hamas nor Islamic Jihad are a part of, will continue to be the legitimate and sole representative of the Palestinian people.

The community leaders urged the PA to exercise pressure on Arab and Western countries to “force the Israeli government to stop its war of genocide ... and secure an immediate ceasefire,” the WAFA press agency reported.

Mediated and indirect talks between Hamas and Israel to secure an exchange of captives and a truce have been ongoing for months, but without success.

At least 45,000 Palestinians have died during the war in Gaza, and around 11,000 are missing under the rubble of bombed or damaged buildings, with 100,000 people having left the enclave.

The Gaza Strip’s population had decreased by 6 percent in 2024, according to recent data by the Palestinian Bureau of Statistics.