UN warns Lebanon could face same ‘spiral of doom’ as Gaza

UN warns Lebanon could face same ‘spiral of doom’ as Gaza
Airport workers transport humanitarian aid, provided by Egypt, at Lebanon’s Beirut international airport on Oct. 5, 2024. (AFP)
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Updated 09 October 2024
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UN warns Lebanon could face same ‘spiral of doom’ as Gaza

UN warns Lebanon could face same ‘spiral of doom’ as Gaza
  • “We need to do everything we can to stop that from happening,” said Matthew Hollingworth, Lebanon country director for WFP
  • “It is in my mind from the time I wake until the time I sleep, that we could go into the same sort of spiral of doom,”

GENEVA: UN humanitarian officials called Tuesday for urgent action to stop the escalating conflict in Lebanon from spiralling into a similar scene of devastation as seen in Gaza.
“We need to do everything we can to stop that from happening,” said Matthew Hollingworth, Lebanon country director for the United Nations’ World Food Programme.
Speaking from Beirut, he told a press briefing in Geneva that he spent the first half of the year coordinating WFP’s operations in Gaza before taking the helm of its Lebanon office, and was deeply concerned by the similarities.
“It is in my mind from the time I wake until the time I sleep, that we could go into the same sort of spiral of doom... We shouldn’t allow that to happen,” he said.
Israel’s war in Gaza, launched after Hamas’s October 7, 2023 attack inside Israel, has killed more than 41,900 people, mostly civilians, according to the health ministry in the Hamas-run territory. The UN has said the figures are reliable.
The October 7 attack left 1,206 dead, mostly civilians, according to an AFP tally based on official Israeli figures, which includes hostages killed in captivity.
The resulting conflict has spilled into Lebanon, with intensifying airstrikes and Israeli troops battling Hezbollah militants on the ground.
Israel’s bombardment of Lebanon has killed more than 1,100 people and displaced upwards of a million in less than two weeks.
Hollingworth said many people were fleeing because they “have watched over the last year as the war in Gaza has continued and neighborhoods have been decimated and pounded, and that is deep in their gut, in their hearts, in their minds.”
James Elder, spokesman for the UN children’s agency UNICEF, warned that “the commonalities are unfortunately absolutely there to be seen, whether it is displacement on the ground, impact upon children or language being used ... (to) soften the realities on the ground.”
“We are seeing the same patterns that we saw in Gaza,” added Jeremy Laurence of the UN rights office.
“The devastation is beyond belief for all people in Lebanon as it is in Gaza. We can’t let this happen again.”
Humanitarians are working to address the soaring needs, but Hollingworth insisted that what was needed was to “de-escalate.”
While WFP is currently able to reach around 150,000 people a day, they “need to be reaching, at this point, almost a million people per day,” he said.
At the same time, he highlighted that 1,900 hectares of agricultural land had been burned in southern Lebanon over the past year, mainly in the past couple of weeks, while 12,000 hectares of productive farmland had been abandoned.
“We have very significant needs moving forward,” Hollingworth said, lamenting that the WFP was facing a $115 million funding gap to cover the towering needs over the next three months.
The World Health Organization meanwhile said it had registered 16 attacks on health care in Lebanon since mid-September, leaving 65 health care workers dead and 40 injured.
At the same time five of the country’s hospitals were now non-functional and four were only partially functional, Ian Clarke, WHO’s deputy incident manager in the country, told reporters, speaking via video link from Beirut.
Nearly 100 primary health care facilities had also been forced to close, he said, warning that with limited access to care, “we are facing a situation where there is a much higher risk of disease outbreaks.”


Alcaraz beats Rublev to open ATP Finals account

Alcaraz beats Rublev to open ATP Finals account
Updated 15 min 54 sec ago
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Alcaraz beats Rublev to open ATP Finals account

Alcaraz beats Rublev to open ATP Finals account
  • World number three Alcaraz comfortably defeated Rublev to lift himself off the bottom of the John Newcombe Group
  • “I could be better, I’m not going to lie,” said Alcaraz on court after beating Rublev

TURIN: Carlos Alcaraz opened his account at the ATP Finals on Wednesday with an entertaining 6-3, 7-6 (10/8) win over Andrey Rublev which boosted his hopes of reaching the semifinals.
World number three Alcaraz comfortably defeated Rublev to lift himself off the bottom of the John Newcombe Group and looked in much better form despite struggling with fatigue and illness in the lead-up to the match.
There had been some doubt as to whether Alcaraz, who lost his opening match in straight sets to Casper Ruud, would continue in Turin after quickly ending his training session on Tuesday, with his coach Juan Carlos Ferrero saying that he had trouble breathing.
“I could be better, I’m not going to lie,” said Alcaraz on court after beating Rublev.
“I’ve been struggling with my health the last week and today I thought I was going to feel better. I was OK to play, but thinking about the first match I was thinking a lot about that I was sick, that I couldn’t play.
“Today I really wanted to step on the court and just think about tennis, try to play a high level... When I played the first match I felt like I did not entertain the people, I did not play good tennis.”
Alcaraz, who has won the Wimbledon and French Open titles this season, cruised to the first set in 38 minutes, breaking Rublev in game seven and quickly winning the next two to go one set ahead.
And although the Spaniard had a harder time of it in the second set he delighted the spectators with a series of spectacular shots which suggested he might be approaching his best form.
Alcaraz winning in straight sets means that Ruud will reach the semifinals if he beats two-time Finals champion Alexander Zverev in the day’s late match.
Rublev meanwhile drops to last place after losing his sixth straight Finals match, although he put up a battle and had two opportunities to win the second set.
The Russian will be cheering on Zverev later as he will be eliminated should Ruud win and secure passage to the knockout stage.
On Thursday world number one Jannik Sinner will reach the last four if he claims a single set against Daniil Medvedev, and will top the Ilie Nastase Group with a third straight win.


Senior Russian naval officer killed in car bombing claimed by Kyiv

Senior Russian naval officer killed in car bombing claimed by Kyiv
Updated 24 min 43 sec ago
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Senior Russian naval officer killed in car bombing claimed by Kyiv

Senior Russian naval officer killed in car bombing claimed by Kyiv
  • Russia’s state Investigative Committee said an improvised explosive device had detonated in an act of terrorism, killing a serviceman whom it did not identify
  • A source in the Security Service of Ukraine (SBU) told Reuters that the explosion had killed Valery Trankovsky, a Russian naval captain

KYIV: A bomb planted under a car blew up and killed a senior Russian naval officer in occupied Crimea’s city of Sevastopol on Wednesday, in what a Kyiv security source said was a Ukrainian hit on one of its highest-ranking targets to date.
Russia’s state Investigative Committee, which handles probes into serious crimes, said in a statement that an improvised explosive device had detonated in an act of terrorism, killing a serviceman whom it did not identify.
A source in the Security Service of Ukraine (SBU) told Reuters that the explosion had killed Valery Trankovsky, a Russian naval captain and the chief of staff of the 41st brigade of Russia’s missile ships in the Black Sea.
The operation was carried out by the SBU, which saw him as a “legitimate” target in line with the laws of war because of “war crimes” he committed, the source said. The source said he had ordered missile attacks that hit civilian targets in Ukraine, including a deadly strike on the city of Vinnytsia in July 2022.
Reuters could not independently verify Trankovsky’s precise role or his involvement in alleged war crimes.
Russia has used warships from its Black Sea Fleet, as well as strategic bombers, to conduct missile strikes on targets across Ukraine. The attacks have led to hundreds of civilian deaths and extensive damage. Moscow says it does not target civilians or civilian infrastructure.
Russia’s Kommersant newspaper cited two law enforcement sources who also identified the victim as Trankovsky, a first rank captain. It said he was chief of staff and deputy commander of the 41st brigade of Russia’s missile ships in the Black Sea.
Mash, a Telegram channel close to Russia’s security services, said he had been under surveillance for seven days before the attack.
Both the Kyiv source and Mash said the bomb had detonated on Taras Shevchenko street, which is named after Ukraine’s most famous poet.
The Investigative Committee published images of the wreckage of a car.

’LIQUIDATED’
Several pro-war Russian figures have been assassinated since the start of the war in operations blamed by Moscow on Ukraine, including journalist Darya Dugina, war blogger Vladlen Tatarsky and former submarine commander Stanislav Rzhitsky.
All of those people, as well as Trankovsky, were listed in Myrotvorets (Peacemaker), a huge unofficial Ukrainian database of people considered to be enemies of the country.
On Wednesday Trankovsky’s photo on the site was overwritten with the word “Liquidated” in red letters.
Russia’s Federal Security Service, the main successor to the Soviet-era KGB, said last December it had cracked a network of Ukrainian agents in Crimea who were involved in attempts to assassinate pro-Russian figures.
It said the targets included the Moscow-installed head of Crimea, Sergei Aksyonov, and a former pro-Russian member of the Ukrainian parliament, Oleg Tsaryov.
Tsaryov survived despite being shot twice in an attack in October in Crimea, which Russia seized from Ukraine in 2014. A source in Ukraine’s SBU intelligence agency told Reuters at the time that the shooting was an SBU operation.
The city of Sevastopol is the traditional headquarters of Russia’s Black Sea Fleet and it has been heavily targeted by Ukrainian strikes during the war.


Saudi Arabia adds 198 sites to National Antiquities Register

Saudi Arabia adds 198 sites to National Antiquities Register
Updated 34 min 7 sec ago
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Saudi Arabia adds 198 sites to National Antiquities Register

Saudi Arabia adds 198 sites to National Antiquities Register
  • Hail Region, Makkah, Qassim, Jouf account for majority of additions
  • Register now comprises 9,317 examples of nation’s cultural heritage

RIYADH: The Heritage Commission has added 198 new archaeological sites to the National Antiquities Register, taking the total across the Kingdom to 9,317.

The commission said the registrations were part of its broader efforts to document and revive Saudi Arabia’s cultural heritage, thus providing researchers and enthusiasts with reliable information on heritage locations and archaeological sites in the Kingdom, the Saudi Press Agency reported on Wednesday.

Hail region accounts for the bulk of the new additions, with 50, followed by Makkah (39), Qassim (34), Jouf (28), Madinah (14), Tabuk (13). The remainder are in Riyadh region (eight), Jazan (five), Asir, Najran and Northern Borders (two each) and the Eastern Province (one).

All of the registrations were carried out in line with the Law of Antiquities, Museums and Urban Heritage.

The commission said it sought to encourage archaeological studies and highlight the historical value of sites, thus raising the global profile of Saudi heritage. It also acknowledged the role of local communities in discovering sites, whose participation contributes significantly to protecting the nation’s cultural heritage and promoting greater awareness for future generations.

People are encouraged to report any new archaeological discoveries or illegal activities that might be detrimental to heritage sites via the commission’s social media accounts, the Balagh platform, by visiting any of its offices, or by calling the Unified Security Operations Center on 911.

Saudi Arabia has several archaeological sites that are recognized internationally, including Hegra in AlUla, which in 2008 became the first in the Kingdom to be named a UNESCO World Heritage Site.

At-Turaif District in Diriyah was added to the list in 2010, Historic Jeddah in 2014, Rock Art in the Hail region in 2015, Al-Ahsa Oasis in 2018 and the Hima Cultural Area in Jazan in 2021, among others.


Hezbollah says launched drone attack on Israel military HQ

Hezbollah says launched drone attack on Israel military HQ
Updated 38 min 11 sec ago
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Hezbollah says launched drone attack on Israel military HQ

Hezbollah says launched drone attack on Israel military HQ
  • Hezbollah said it conducted an “aerial attack with a squadron of exploding drones“

BEIRUT: Hezbollah said it launched a drone attack targeting Israel’s military headquarters and ministry of defense in the city of Tel Aviv on Wednesday.
In a statement, the Lebanese militant group said it conducted an “aerial attack with a squadron of exploding drones” on the site housing Israel’s main defense institutions in the commercial hub.
The Israeli military said in two statements that it intercepted two drones and 40 projectiles launched from Lebanon, and that the attack had caused no injuries.
The statements did not specify what sites had been targeted.


Saudi Arabia’s CMA approves regulatory changes to strengthen debt market

Saudi Arabia’s CMA approves regulatory changes to strengthen debt market
Updated 48 min 35 sec ago
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Saudi Arabia’s CMA approves regulatory changes to strengthen debt market

Saudi Arabia’s CMA approves regulatory changes to strengthen debt market

RIYADH: Saudi Arabia’s Capital Market Authority has approved its largest regulatory overhaul to date for the sukuk and debt instruments market, marking a significant step in the country’s financial sector development.

The newly approved changes introduce key amendments to the rules on the offer of securities and continuing obligations, particularly related to the issuance of debt instruments.

These adjustments simplify prospectus requirements for public, private, and exempted offerings, streamlining the process and reducing regulatory burdens.

These changes will take effect as soon as they are published and are designed to attract a wider range of issuers and foster deeper investment in the market.

The reforms aim to strengthen Saudi Arabia’s regulatory framework for debt instruments, creating a more dynamic and accessible market. Notably, the amendments allow the Kingdom’s development funds, sovereign wealth funds, and development banks to issue debt instruments through exempt offerings, subject to specific conditions. This flexibility will enable these institutions to better align their financing strategies with Saudi Arabia’s broader development goals.

The new regulations also simplify the documentation process for public offerings, reducing prospectus requirements by more than 50 percent. A dedicated section for public offerings will improve regulatory clarity, ensuring that all material information is disclosed to investors while maintaining investor protection.

In addition to easing public offering requirements, the changes introduce more flexibility for private offerings. The CMA has eliminated the prior requirement for advance notification before launching an offering.

Issuers can now notify the CMA and immediately proceed with their offerings, a change that is expected to expedite the financing process and improve efficiency.

These regulatory enhancements are part of Saudi Arabia’s broader efforts to develop its sukuk and debt markets as a crucial funding channel for businesses.

By improving access to financing, the reforms are expected to drive greater economic growth and help position the sukuk and debt markets as central components of the Kingdom’s financial ecosystem.

The reforms align with Saudi Arabia’s Vision 2030 strategy, which seeks to diversify the economy and enhance the capital markets. They also reflect the CMA’s ongoing commitment to improving market transparency, protecting investors, and increasing market participation.

In parallel, the CMA recently invited public feedback on amendments to the investment funds regulations, which are also part of efforts to refine the framework for private and foreign investment funds, particularly in retail markets. These changes aim to better protect retail investors, addressing risks that emerged from a 2021 regulation allowing individual retail investments up to SR200,000 ($53,245).

The consultation period for these proposed changes will run for 30 calendar days.

With these far-reaching regulatory reforms, Saudi Arabia is poised to further strengthen its sukuk and debt markets, positioning them as key drivers of economic growth and investment. The CMA’s efforts to enhance transparency and investor protection are expected to boost both domestic and international confidence in the Kingdom’s financial markets.