Lebanon says Israeli strike killed 3 media workers

Lebanon says Israeli strike killed 3 media workers
A car marked “Press” at the site of an Israeli airstrike that targeted an area where a number of journalists were located in the southern Lebanese village of Hasbaya. (AFP/File)
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Updated 25 October 2024
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Lebanon says Israeli strike killed 3 media workers

Lebanon says Israeli strike killed 3 media workers
  • A cameraman and broadcast engineer from Al Mayadeen, along with video journalists from Al-Manar, were struck in an overnight attack
  • Lebanon’s Information Minister Ziad Makary accused Israel of intentionally targeting journalists, called them “war crime”

BEIRUT: Lebanon said an Israeli strike on a residence housing media workers killed two journalists and a broadcast engineer on Friday, in an attack the minister of information branded a “war crime.”
Pro-Iran Lebanese television channel Al Mayadeen said a cameraman and broadcast engineer were killed in the strike on a journalists’ residence in Hasbaya, south Lebanon.
Another TV outlet, Al-Manar, run by Hezbollah, said one of its video journalists was also killed in the strike on a bungalow located in a resort that several media organizations covering the Israel-Hezbollah war had rented out.
“The Israeli enemy waited for the journalists’ nighttime break to betray them in their sleep,” Information Minister Ziad Makary said in a post on X.
“This is an assassination, after monitoring and tracking, with prior planning and design, as there were 18 journalists there representing seven media institutions. This is a war crime.”
Journalists from other media organizations, including Lebanese broadcaster Al-Jadeed, Sky News Arabic and Al Jazeera English, were also resting nearby when the strike hit overnight.
Israel has not commented on the strike, which, according to Lebanon’s health ministry, also wounded three other people.
The area where the journalists were located is outside Hezbollah’s traditional strongholds.
Israel has been at war with Hezbollah in Lebanon since late last month, in a bid to secure its northern border after nearly a year of cross-border fire from the Iran-backed armed group.
Hezbollah began low-intensity strikes on Israel in support of its Palestinian ally Hamas following the October 7, 2023 attack on Israel, the deadliest in its history.
After nearly a year of war in Gaza sparked by the attack, Israel expanded its focus to Lebanon and last month launched a massive bombing campaign targeting mainly Hezbollah strongholds across the country, sending in ground troops on September 30.
The war in Lebanon has killed at least 1,580 people, according to an AFP tally of Lebanese health ministry figures.
Israel’s military on Friday said it had struck more than 200 militant targets in Lebanon over the past day.
It also announced the deaths of five soldiers in fighting in south Lebanon.

In Gaza, the civil defense agency said Israeli air strikes hit two homes at dawn on Friday in Khan Yunis, the Palestinian territory’s main southern city.
According to agency spokesman Mahmud Bassal, 14 were killed in a strike that hit the home of the Al-Fara family, and another six were killed in a separate raid.
In north Gaza, the Israeli military on Friday said dozens of militants were killed around Jabalia, in north Gaza, over the previous day.
Israel launched a major assault on north Gaza earlier this month, saying it aims to prevent Hamas from regrouping there.
The civil defense’s Bassal said “more than 770 people have been killed” in northern Gaza in the 19 days since the Israeli operation began there.
The war in Gaza began with Hamas’s October 7 attack on Israel, which resulted in the deaths of 1,206 people, mostly civilians, according to an AFP tally of official Israeli figures.
The militants also took 251 people hostage, 97 of whom are still in Gaza, including 34 the Israeli military says are dead.
Israel’s retaliatory campaign in Gaza has killed 42,847 people, the majority civilians, according to data from the health ministry in the Hamas-run territory, data which the UN considers reliable.
Multiple bids to stop the war have failed, though Israel’s key backer the United States has voiced hope that the killing of Hamas leader Yahya Sinwar last week could serve as an opening for a deal.
A senior Hamas official told AFP that a delegation from the group’s Doha-based leadership discussed “ideas and proposals” related to a Gaza truce with Egyptian officials in Cairo on Thursday.
“Hamas has expressed readiness to stop the fighting, but Israel must commit to a ceasefire, withdraw from the Gaza Strip, allow the return of displaced people, agree to a serious prisoner exchange deal and allow the entry of humanitarian aid into Gaza,” the official said.
Israeli Prime Minister Benjamin Netanyahu said he welcomed mediator Egypt’s readiness to reach a deal “for the release of the hostages” held by militants in Gaza.
Netanyahu directed the head of Israel’s Mossad spy agency to leave for Qatar on Sunday to “advance a series of initiatives that are on the agenda,” his office said.
Qatar, Egypt and the United States have long tried to mediate a ceasefire in the Gaza war.

US Secretary of State Antony Blinken met with Qatar’s leaders in Doha on Thursday on his 11th trip to the region since the start of the Gaza war.
During the trip, which comes less than two weeks before US elections, Blinken said mediators would explore new options.
Israeli and US officials as well as some analysts said Sinwar had been a key obstacle to a deal which would release the hostages still held in Gaza.
Critics of Netanyahu, too, have regularly accused him of obstructing truce and hostage release negotiations.
An Israeli group representing families of hostages called on Netanyahu and Hamas to secure an agreement to free the remaining captives.
“Time is running out,” the Hostages and Missing Families Forum said.
On Thursday, hostage supporters marched outside Netanyahu’s Jerusalem residence demanding action for their release.
Blinken landed late Thursday in London, where a US official said he would meet on Friday with the foreign ministers of Jordan and the United Arab Emirates.


Pakistan says 2024 dominated by ‘robust exchanges’ with Gulf nations

Pakistan says 2024 dominated by ‘robust exchanges’ with Gulf nations
Updated 2 min 23 sec ago
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Pakistan says 2024 dominated by ‘robust exchanges’ with Gulf nations

Pakistan says 2024 dominated by ‘robust exchanges’ with Gulf nations
  • Pakistan has been pushing for foreign investment to shore up its $350 billion economy
  • Saudi Arabia, UAE, Qatar remained key focus of Pakistan’s bilateral engagements in 2024

ISLAMABAD: Foreign Office Spokesperson Mumtaz Zahra Baloch on Thursday outlined Pakistan’s key bilateral engagements for 2024 during a year-end briefing, saying 2024 was dominated by “robust” engagements with Gulf Cooperation Council (GCC) nations. 

Pakistan has been pushing for foreign investment in a bid to shore up its $350 billion economy as it navigates a challenging recovery path and has been buttressed by a $7 billion facility from the International Monetary Fund (IMF) in September. It has particularly looked to strengthen ties with allies and friendly nations, particularly the UAE, which said it would invest $10 billion in promising economic sectors, and Saudi Arbia, which has promised a $5 billion investment package that cash-strapped Islamabad desperately needs to shore up foreign reserves and fight a chronic balance of payment crisis.

“There was a robust exchange of high-level engagements between Pakistan and
the GCC countries,” Baloch said in her last briefing of the year 2024, adding that Prime Minister Shehbaz Sharif undertook four official visits to Saudi Arabia which had consolidated the two nations’ “strategic and economic partnership.”

“Important understandings were reached with the kingdom of Saudi Arabia in political security and economic domains, and to translate the commitment between Pakistan and his Royal Highness Prince Mohammad bin Salman to expedite investment package worth $5 billion,” the spokeswoman said. 

Pakistani and Saudi businesses signed 34 MoUs worth $2.8 billion in October. The prime minister’s office said this month seven of the 34 MoUs had been actualized into agreements worth $560 million.

The foreign office spokeswoman said trade and investment opportunities also remained a key focus of Pakistan’s bilateral engagements with Kuwait, Qatar and the UAE in 2024.

“Cooperation will be prioritized with these countries in energy, mining and aviation sectors,” she told reporters.

In May this year, Sharif said UAE’s Sheikh Mohamed bin Zayed Al Nahyan had “made a commitment of investing $10 billion in multiple sectors.”

Last month, the government’s spokesperson Attaullah Tarar said Qatar would invest $3 billion in diverse Pakistani sectors. In June, Pakistan also signed a loan agreement with Kuwait for $25 million for Mohmand Dam, with assurances of support from the Kuwait Fund that it would engage its Arab Coordination Group to finance Diamer Bhasha Dam. 

Pakistan and Kuwait also signed agreements on industrial cooperation and engineering in May. 


Pope Francis opens special ‘Holy Door’ for Catholic Jubilee at Rome prison

Pope Francis opens special ‘Holy Door’ for Catholic Jubilee at Rome prison
Updated 29 min 56 sec ago
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Pope Francis opens special ‘Holy Door’ for Catholic Jubilee at Rome prison

Pope Francis opens special ‘Holy Door’ for Catholic Jubilee at Rome prison
  • Francis opened the Catholic Holy Year, also known as a Jubilee, on Tuesday
  • A Catholic Jubilee is considered a time of peace, forgiveness and pardon

ROME: Pope Francis made a visit on Thursday to one of the largest prison complexes in Italy, opening a special “Holy Door” for the 2025 Catholic Holy Year, in what the Vatican said was the first such action by a Catholic pontiff.
Speaking to hundreds of inmates, guards and staff at the Rebibbia prison on the outskirts of Rome, Francis said he wanted to open the door, part of the prison chapel, and one of only five that will be open during the Holy Year, to show that “hope does not disappoint.”
“In bad moments, we can all think that everything is over,” said the pontiff. “Do not lose hope. This is the message I wanted to give you. Do not lose hope.”
Francis opened the Catholic Holy Year, also known as a Jubilee, on Tuesday. A Catholic Jubilee is considered a time of peace, forgiveness and pardon. This Jubilee, dedicated to the theme of hope, will run through Jan. 6, 2026.
Holy Years normally occur every 25 years, and usually involve the opening in Rome of four special “Holy Doors,” which symbolize the door of salvation for Catholics. The doors, located at the papal basilicas in Rome, are only open during Jubilee years.
The Vatican said the opening of the “Holy Door” at Rome’s Rebibbia prison was the first time such a door had been opened by a pope at a prison since the start of the Jubilee year tradition by Pope Boniface VIII in 1300.
Francis has shown special attention for the incarcerated over his 11-year papacy. He often visits prisons in Rome and on his foreign trips.


UAE, China lead Saudi Arabia’s Non-oil exports in October

UAE, China lead Saudi Arabia’s Non-oil exports in October
Updated 37 min 21 sec ago
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UAE, China lead Saudi Arabia’s Non-oil exports in October

UAE, China lead Saudi Arabia’s Non-oil exports in October
  • China was the second-largest destination for Saudi Arabia’s non-oil exports during the month, receiving shipments worth SR2.35 billion
  • King Fahad Industrial Sea Port in Jubail was the top exit point, processing exports valued at SR3.77 billion

RIYADH: Saudi Arabia’s non-oil exports surged in October, with the UAE and China emerging as the Kingdom’s top trading partners, showcasing its ongoing efforts to diversify the economy under Vision 2030.

Outbound shipments to the UAE reached SR5.86 billion ($1.56 billion), a rise of 54.2 percent compared to the same month last year, according to the latest report by the General Authority for Statistics. Mechanical and electrical equipment topped the list of exports to the UAE, valued at SR3.11 billion, followed by transport parts worth SR713.5 million and chemical products at SR503.8 million.

China was the second-largest destination for Saudi Arabia’s non-oil exports during the month, receiving shipments worth SR2.35 billion. Chemical products accounted for SR826.3 million of these exports, followed by plastic and rubber goods valued at SR795.1 million. Mineral products worth SR300.5 million were also exported to China in October.

Strengthening the non-oil sector is a cornerstone of Saudi Arabia’s Vision 2030, which aims to reduce the Kingdom’s reliance on crude revenues. The initiative has been a key driver of economic policy since its launch in 2016, and officials have pointed to tangible progress in this direction.

Speaking at the World Economic Conference in Riyadh last month, Saudi Arabia’s Minister of Economy and Planning, Faisal Al-Ibrahim, highlighted that the non-oil sector now accounts for 52 percent of the Kingdom’s real gross domestic product. He further noted that non-oil economic activities have been growing at an annual rate of 20 percent since the Vision 2030 reforms began.

This diversification push has been underscored by recent economic indicators. Saudi Arabia’s Purchasing Managers’ Index, which measures business activity in the non-oil private sector, rose to 59.0 in November from 56.9 in October. 

A PMI reading above 50 indicates expansion, and November’s figure represents the fastest pace of growth since July.

India was another key destination for Saudi Arabia’s non-oil goods in October, with exports totaling SR2.11 billion. Other significant markets included Singapore, which received SR947.5 million in shipments, and the US, which accounted for SR829.6 million.

European markets also featured prominently among Saudi Arabia’s export partners. Belgium imported SR820.7 million worth of non-oil products, while Egypt and Turkiye received SR808.8 million and SR767.9 million, respectively.

Overall, Saudi Arabia’s non-oil exports reached SR25.38 billion in October, reflecting a 12.7 percent year-on-year increase compared to the same period in 2022.

Export channels

Maritime routes continued to play a vital role in facilitating the Kingdom’s non-oil trade, handling shipments worth SR15.41 billion in October. King Fahad Industrial Sea Port in Jubail was the top exit point, processing exports valued at SR3.77 billion, followed by Jeddah Islamic Sea Port at SR3.53 billion.

Other key ports included Jubail Sea Port, which handled outbound shipments valued at SR1.86 billion, and King Abdulaziz Sea Port, which processed SR2.36 billion worth of exports.

Land routes accounted for SR5.20 billion of non-oil exports, while air shipments contributed SR4.75 billion. Among airports, King Khalid International in Riyadh and King Abdulaziz International in Jeddah handled exports valued at SR2.25 billion and SR2.38 billion, respectively.

Imports trends

While non-oil exports experienced robust growth, Saudi Arabia’s imports declined by 3.8 percent year on year to SR72.01 billion in October. Machinery and equipment topped the list of imported goods, comprising 25.7 percent of total imports and reflecting a 6.9 percent annual increase.

However, transportation equipment imports fell sharply by 21.6 percent, accounting for 15.3 percent of total imports. This decline in transport-related imports highlights shifting priorities in the Kingdom’s procurement patterns as it continues to diversify its economy.

China remained the Kingdom’s largest source of imports, supplying goods worth SR17.58 billion in October. These included mechanical and electrical equipment valued at SR7.54 billion, transport equipment at SR2.28 billion, and base metal products at SR1.73 billion.

The US was the second-largest source of imports, with shipments totaling SR5.69 billion, followed by the UAE at SR4.34 billion. Other notable trading partners included India, which supplied goods worth SR4.11 billion, and Germany, which accounted for SR3.21 billion in imports.

Saudi Arabia’s sea routes handled 60.6 percent of its total imports in October, amounting to SR43.67 billion. King Abdulaziz Sea Port in Dammam was the primary entry point, receiving SR21.16 billion worth of goods.

Air routes accounted for SR19.38 billion of imports, while land shipments contributed SR8.94 billion. Among land ports, Al Bat’ha Port was the most significant, handling SR3.84 billion worth of inbound goods.

Merchandise exports

Despite the positive performance in the non-oil sector, Saudi Arabia’s overall merchandise exports fell 10.7 percent year on year in October, reaching SR92.78 billion. This decline was primarily driven by a 17.3 percent drop in oil exports, which still account for a majority of the Kingdom’s trade.

Oil’s share of total exports fell to 72.6 percent in October, down from 78.3 percent in the same month last year. This shift underscores Saudi Arabia’s commitment to reducing its reliance on crude sales as part of its long-term economic strategy.

China remained the top recipient of Saudi exports overall, importing goods worth SR14.95 billion. India was the second-largest market, receiving SR8.79 billion in shipments, followed by Japan at SR8.70 billion and South Korea at SR8.31 billion.

Other major export destinations included the UAE, which received SR7.05 billion worth of goods, and Egypt, which accounted for SR3.49 billion. Poland and Singapore were also significant markets, importing SR3.43 billion and SR2.68 billion, respectively.

Saudi Arabia’s ongoing investments in economic diversification are expected to sustain growth in the non-oil sector. A recent report by PwC Middle East projected that the Kingdom’s non-oil economy will expand by 4.4 percent in 2025, building on the current momentum.

The report also noted that the non-oil private sector grew by 4.9 percent in the second quarter of this year, contributing to an overall expansion of 3.8 percent in the non-oil economy.

As the Kingdom advances its Vision 2030 goals, non-oil exports and trade partnerships will remain critical to driving sustainable economic growth.


Pakistan discovers gas reserves in northwest with potential to produce 2.14 million cubic feet daily

Pakistan discovers gas reserves in northwest with potential to produce 2.14 million cubic feet daily
Updated 45 min 47 sec ago
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Pakistan discovers gas reserves in northwest with potential to produce 2.14 million cubic feet daily

Pakistan discovers gas reserves in northwest with potential to produce 2.14 million cubic feet daily
  • Discovery is expected to enhance the South Asian nation’s energy self-sufficiency, says state media
  • Pakistan had recently reported decline in gas reserves, raising concerns about higher energy imports

ISLAMABAD: Pakistan’s Oil and Gas Development Company Limited (OGDCL) has discovered gas reserves in the northwestern Khyber Pakhtunkhwa province with the capacity to produce 2.14 million cubic feet of gas per day (MCFD), the state broadcaster reported on Thursday.

Pakistan heavily relies on oil and gas imports and has faced gas outages in recent years due to a decline in domestic gas supplies and failed attempts to purchase expensive gas from the international spot market.

Last year in June, the Energy Planning Resource Center, which operates under the planning ministry, reported a sharp decline in gas reserves, raising concerns about future gas production and supply in Pakistan. The center projected that natural gas production might shrink to 2,306 MCFD by 2030.

“Under the natural resources exploration projects of the Special Investment Facilitation Council, the OGDCL has discovered significant gas reserves in Khyber Pakhtunkhwa,” Radio Pakistan said. “The discovered reserves are capable of producing up to 2.14 million cubic feet of gas per day.”

It added the discovery would enhance Pakistan’s energy self-sufficiency and pave the way for further exploration in the mining sector.

In October, the China Central Depository and Clearing Company signed a deal with the OGDCL to develop Pakistan’s tight gas potential. Tight gas, a type of unconventional gas requiring advanced extraction methods, is found in reservoir rocks with low permeability, most often sandstone.

In February, the OGDCL announced the discovery of a new natural gas reserve in the Khairpur district of southern Sindh province.

In October last year, Mari Petroleum Company Limited, an Islamabad-based petroleum exploration and lease company, unveiled a substantial gas discovery in Pakistan’s southern Ghotki-Sindh region, with initial estimates indicating a daily yield of 1.11 MCFD.

In September 2022, the OGDCL also discovered gas deposits in the Kohat district of Khyber Pakhtunkhwa province.

Founded in 1961, the OGDCL explores, drills, refines and sells oil and gas in Pakistan. The company has gained importance as the country seeks to boost domestic supplies and attract foreign investment.


Cricket’s imbalanced financial structure continues to favor handful of powerful nations

Cricket’s imbalanced financial structure continues to favor handful of powerful nations
Updated 50 min 49 sec ago
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Cricket’s imbalanced financial structure continues to favor handful of powerful nations

Cricket’s imbalanced financial structure continues to favor handful of powerful nations
  • The International Cricket Council, under new chair Jay Shah, has opportunity to promote India as a uniter and grower of the game

Last week an article written in 2012 caught my eye. It commented on a 9 percent decline in the number of television viewers watching the Indian Premier League. This led to a recommendation that the IPL should join forces with the International Cricket Council to form a World Cricket League, featuring teams from around the world.

In retrospect, the suggestion appears bizarre. The IPL has since become the powerhouse that has propelled India to dominance in cricket’s global political economy. The recommendation ought to be a warning to those who try to predict the game’s future landscape.

It is clear that India’s dominance shows little sign of waning for the foreseeable future. Au contraire, it is set to grow further with the appointment of Jay Shah as chair of the ICC. Previously, Shah was secretary of the Board of Control for Cricket in India between October 2019 and December 2024. During that time, he was instrumental in shaping the current ICC financial model. This massively favors India.

Confirmation was revealed at the ICC annual conference in July 2023, with India set to receive almost 40 percent of ICC revenues in the 2024 to 2027 cycle. How much will actually be earned depends upon the broadcasting revenues that will be realized. Initial estimates indicate that the BCCI could earn $230 million out of a total pot of some $600 million annually. This is a significant increase compared with the 2016 to 2023 cycle, in which the BCCI’s share from the ICC’s central revenue pool totaled $405 million.

By way of comparison, the England and Wales Cricket Board is set to receive $41 million annually, 6.89 percent of the total pot, followed by Cricket Australia with $37.53 million, or 6.25 percent. Only one other board, Pakistan’s, is set to receive over $30 million annually, with $34.51 million or 5.75 percent. The other eight full members will receive a total of $189 million, an average of $24 million each. This leaves $67.5 million, around 11 percent of the pot, to be shared between the 96 associate members.

The contribution to national board income is not easy to estimate. First, this is partly because the criteria or “component weightings” used in the model are opaque. They are based on contribution to the global game both on and off the field. This embraces cricket history, performance in both men’s and women’s ICC events over the last 16 years, contribution to the ICC’s commercial revenue and an equal weightage for full members, quoted as 8.3 percent.

It is clear from the figures above that the other criteria amend the equal weighting. India’s claim that it contributes between 70 and 80 percent of the ICC’s revenue is well recognized in its allocation, whereas that for all other full members is below the base weighting.

A second reason is that the ICC’s annual income is based on the estimated earnings for future years. The majority of these derive from sales of media rights. In the 2024 to 2031 cycle, rights for ICC events were sold for $3.2 billion with $3 billion paid by Disney Star for the Indian market. Effectively, these funds bankroll cricket. In this context, the criticality of matches between India and Pakistan becomes apparent, as highlighted in the recent fracas between them over the 2025 Champions Trophy.

A third reason is that the payments are not uniform. New Zealand Cricket’s report and accounts for the year ending July 31, 2024, note that the distribution of monies from the ICC tends to be heavily weighted toward the end of the cycle. The final wash-up payment from the previous cycle, for example, was received around May 2024, placing it in the 2023 to 2024 financial year.

The NZC’s income in 2022 to 2023 and 2023 to 2024, has been NZ$97 million and NZ$98 million, equivalent to around $55 million. If a similar figure is assumed for 2024 to 2025 then the ICC income of between $24 million and $28 million represents half of its revenue stream. In comparison, the England and Wales Cricket Board has an annual income of around $388 million. Therefore, its $41 million from the ICC is 11 percent of its income, a lower dependency than that of New Zealand. However, 75 percent of its revenues is derived from sales of broadcasting rights, emphasizing its fragile financial structure.

India has no such vulnerability. Its 2023 to 2024 income of 7.574 crore rupees — fast approaching $1 billion — dwarfs that of all other ICC members. This represents a massive contribution to the game across all criteria. On the other hand, that amount of power and influence distort other outcomes. One of these is growth amongst associate members. Many of them are ambitious but are hamstrung by a lack of funds. An example is the Netherlands.

Recently, its governing body, the Koninklijke Nederlandse Cricket Bond, has seemingly pulled back from its ambition to become an ICC full member, because of a budgetary shortfall. Its team has often caused upsets against full members but, unlike the ICC’s full members, the governing body is not guaranteed a slice of the world revenue. This is contingent on qualification for global events, position on white-ball rankings tables and performance on the ICC’s development scorecard. This pits associate members in direct competition with one another, with financial uncertainty a deterrent to potential sponsors.

There is an opportunity for the ICC, under Shah, to promote India as a uniter and grower of the game. This could involve a greater sharing of broadcasting incomes, allowing its teams to play smaller full members and emerging countries, as well as opening new territories and markets. Shah appears to be putting great store by the Olympics to focus on the latter.

There is little indication, so far, that there is any prospect for associate members to receive additional funding to encourage their development. Perhaps this is deliberate. Power clearly rests with India. When with the BCCI, Shah was a key player in negotiating broadcast rights. He carries those connections into the ICC. The recent merger between Disney and Reliance in India severely reduces competition in the market for broadcast rights.

In the next cycle, further concentration of power can be expected, with small pickings for those outside of the inner circle.