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Tag: Prime minister

  • Spain set to ban social media for children under 16

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    Spain will join the growing list of countries banning access to social media for children, Prime Minister Pedro Sanchez Tuesday. The law will apply to users under 16 years of age amidst a broader push to hold social media companies accountable for hate speech, social division and illegal content.

    at the World Governments Summit in Dubai, Prime Minister Sanchez excoriated social media, calling it a “failed state” where “laws are ignored and crime is endured.” He spoke to the importance of digital governance for these platforms, highlighting recent incidents like X’s AI chatbot Grok sexualized images of children, and the myriad that have taken place on Facebook.

    In light of what Sanchez called the “integral” role social media plays in the lives of young users, he said the best way to help them is to “take back control.” Next week, his government will enact a slew of new regulations, with a ban on users under 16 years of age among them. Social media companies will be required to implement what he calls “effective age verification systems” and “not just checkboxes.” A specific timeline on enforcement of the coming ban has not been announced.

    Spain will also make “algorithmic manipulation and amplification of illegal content” into a new criminal offense and Sanchez says tech CEOs will face criminal liability for hateful or illegal content on their platforms. The Prime Minister further announced that Spain has formed a coalition with five other unnamed European nations to enact stricter governance over social media platforms.

    Sanchez said children have been “exposed to a space they were never meant to navigate alone,” and that it’s the government’s job to intervene. He added social media has fallen from its promise to be a “tool for global understanding and cooperation.”

    enacted an under-16s ban on social media last year, which has prompted many nations to follow suit. It is under in the UK, while and have announced plans to enact similar bans.

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    Andre Revilla

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  • Chinese military to stage drills around Taiwan to warn ‘external forces’ after Japan tensions

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    The Chinese military said Monday said it was dispatching air, navy and rocket troops to conduct joint military drills around Taiwan to warn against what it called separatist and “external interference” forces.The drills came after Beijing expressed anger at a statement by Japan’s prime minister, Sanae Takaichi, that its military could get involved if China were to take action against Taiwan, the self-governing island that the world’s second-biggest economy says must come under its rule.Video above: President Trump announces tariff reduction and trade agreements with ChinaBut the Chinese military did not mention Japan in its statement on Monday morning.Taiwan, an island off the southeastern coast of China, separated from the mainland in 1949 amid Civil War. It has operated since then with its own government, though the mainland’s government claims it as sovereign territory.

    The Chinese military said Monday said it was dispatching air, navy and rocket troops to conduct joint military drills around Taiwan to warn against what it called separatist and “external interference” forces.

    The drills came after Beijing expressed anger at a statement by Japan’s prime minister, Sanae Takaichi, that its military could get involved if China were to take action against Taiwan, the self-governing island that the world’s second-biggest economy says must come under its rule.

    Video above: President Trump announces tariff reduction and trade agreements with China

    But the Chinese military did not mention Japan in its statement on Monday morning.

    Taiwan, an island off the southeastern coast of China, separated from the mainland in 1949 amid Civil War. It has operated since then with its own government, though the mainland’s government claims it as sovereign territory.

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  • Trump-Zelenskyy talks will address security guarantees, reconstruction, Ukraine leader says

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    Ukrainian President Volodymyr Zelenskyy said Friday that he will meet with U.S. President Donald Trump in Florida over the weekend.Related video above: Ukraine and U.S. discuss peace proposals on Christmas Day amid Russian attacksZelenskyy told journalists that the two leaders will discuss security guarantees for Ukraine during Sunday’s talks and that the 20-point plan under discussion “is about 90% ready.”The meeting will take place at Mar-a-Lago.An “economic agreement” also will be discussed, Zelenskyy said, but added that he was unable to confirm “whether anything will be finalized by the end.”The Ukrainian side will also raise “territorial issues,” he said. Moscow has insisted that Ukraine relinquish the remaining territory it still holds in the Donbas — an ultimatum that Ukraine has rejected. Russia has captured most of Luhansk and about 70% of Donetsk — the two areas that make up the Donbas.Zelenskyy said that Ukraine “would like the Europeans to be involved,” but doubted whether it would be possible at short notice.“We must, without doubt, find some format in the near future in which not only Ukraine and the U.S. are present, but Europe is represented as well,” he said.The announced meeting is the latest development in an extensive U.S.-led diplomatic push to end the nearly four-year Russia-Ukraine war, but efforts have run into sharply conflicting demands by Moscow and Kyiv.Zelenskyy’s comments came after he said Thursday that he had a “good conversation” with U.S. special envoy Steve Witkoff and Jared Kushner, Trump’s son-in-law.Kremlin spokesman Dmitry Peskov told reporters Friday that the Kremlin had already been in contact with U.S. representatives since Russian presidential envoy Kirill Dmitriev recently met with U.S. envoys in Florida.“It was agreed upon to continue the dialogue,” he said.Trump is engaged in a diplomatic push to end Russia’s all-out war, which began on Feb. 24, 2022, but his efforts have run into sharply conflicting demands by Moscow and Kyiv. Zelenskyy said Tuesday that he would be willing to withdraw troops from Ukraine’s eastern industrial heartland as part of a plan to end the war if Russia also pulls back and the area becomes a demilitarized zone monitored by international forces.Though Russian Foreign Ministry spokeswoman Maria Zakharova said Thursday that there had been “slow but steady progress” in the peace talks, Russia has given no indication that it will agree to any kind of withdrawal from land it has seized.On the ground, two people were killed and six more wounded Friday when a guided aerial bomb hit a busy road and set cars aflame in Ukraine’s second biggest city, Kharkiv, mayor Ihor Terekhov wrote on Telegram.One person was killed and three others were wounded when a guided aerial bomb hit a house in Ukraine’s Zaporizhzhia region, while six people were wounded in a missile strike on the city of Uman, local officials said Friday.Russian drone attacks on the city of Mykolaiv and its suburbs overnight into Friday left part of the city without power. Energy and port infrastructure were damaged by drones in the city of Odesa on the Black Sea.Meanwhile, Ukraine said that it struck a major Russian oil refinery on Thursday using U.K.-supplied Storm Shadow missiles.Ukraine’s General Staff said that its forces hit the Novoshakhtinsk refinery in Russia’s Rostov region.“Multiple explosions were recorded. The target was hit,” it wrote on Telegram.Rostov regional Gov. Yuri Slyusar said that a firefighter was wounded when extinguishing the fire.Ukraine’s long-range drone strikes on Russian refineries aim to deprive Moscow of the oil export revenue it needs to pursue its full-scale invasion. Russia wants to cripple Ukraine’s power grid, seeking to deny civilians access to heat, light and running water in what Ukrainian officials say is an attempt to “weaponize winter.”

    Ukrainian President Volodymyr Zelenskyy said Friday that he will meet with U.S. President Donald Trump in Florida over the weekend.

    Related video above: Ukraine and U.S. discuss peace proposals on Christmas Day amid Russian attacks

    Zelenskyy told journalists that the two leaders will discuss security guarantees for Ukraine during Sunday’s talks and that the 20-point plan under discussion “is about 90% ready.”

    The meeting will take place at Mar-a-Lago.

    An “economic agreement” also will be discussed, Zelenskyy said, but added that he was unable to confirm “whether anything will be finalized by the end.”

    The Ukrainian side will also raise “territorial issues,” he said. Moscow has insisted that Ukraine relinquish the remaining territory it still holds in the Donbas — an ultimatum that Ukraine has rejected. Russia has captured most of Luhansk and about 70% of Donetsk — the two areas that make up the Donbas.

    Zelenskyy said that Ukraine “would like the Europeans to be involved,” but doubted whether it would be possible at short notice.

    “We must, without doubt, find some format in the near future in which not only Ukraine and the U.S. are present, but Europe is represented as well,” he said.

    The announced meeting is the latest development in an extensive U.S.-led diplomatic push to end the nearly four-year Russia-Ukraine war, but efforts have run into sharply conflicting demands by Moscow and Kyiv.

    Zelenskyy’s comments came after he said Thursday that he had a “good conversation” with U.S. special envoy Steve Witkoff and Jared Kushner, Trump’s son-in-law.

    Kremlin spokesman Dmitry Peskov told reporters Friday that the Kremlin had already been in contact with U.S. representatives since Russian presidential envoy Kirill Dmitriev recently met with U.S. envoys in Florida.

    “It was agreed upon to continue the dialogue,” he said.

    Trump is engaged in a diplomatic push to end Russia’s all-out war, which began on Feb. 24, 2022, but his efforts have run into sharply conflicting demands by Moscow and Kyiv.

    Zelenskyy said Tuesday that he would be willing to withdraw troops from Ukraine’s eastern industrial heartland as part of a plan to end the war if Russia also pulls back and the area becomes a demilitarized zone monitored by international forces.

    Though Russian Foreign Ministry spokeswoman Maria Zakharova said Thursday that there had been “slow but steady progress” in the peace talks, Russia has given no indication that it will agree to any kind of withdrawal from land it has seized.

    On the ground, two people were killed and six more wounded Friday when a guided aerial bomb hit a busy road and set cars aflame in Ukraine’s second biggest city, Kharkiv, mayor Ihor Terekhov wrote on Telegram.

    One person was killed and three others were wounded when a guided aerial bomb hit a house in Ukraine’s Zaporizhzhia region, while six people were wounded in a missile strike on the city of Uman, local officials said Friday.

    Russian drone attacks on the city of Mykolaiv and its suburbs overnight into Friday left part of the city without power. Energy and port infrastructure were damaged by drones in the city of Odesa on the Black Sea.

    Meanwhile, Ukraine said that it struck a major Russian oil refinery on Thursday using U.K.-supplied Storm Shadow missiles.

    Ukraine’s General Staff said that its forces hit the Novoshakhtinsk refinery in Russia’s Rostov region.

    “Multiple explosions were recorded. The target was hit,” it wrote on Telegram.

    Rostov regional Gov. Yuri Slyusar said that a firefighter was wounded when extinguishing the fire.

    Ukraine’s long-range drone strikes on Russian refineries aim to deprive Moscow of the oil export revenue it needs to pursue its full-scale invasion. Russia wants to cripple Ukraine’s power grid, seeking to deny civilians access to heat, light and running water in what Ukrainian officials say is an attempt to “weaponize winter.”

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  • Trump-Zelenskyy talks will address security guarantees, reconstruction, Ukraine leader says

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    Ukrainian President Volodymyr Zelenskyy said Friday that he will meet with U.S. President Donald Trump in Florida over the weekend.Related video above: Ukraine and U.S. discuss peace proposals on Christmas Day amid Russian attacksZelenskyy told journalists that the two leaders will discuss security guarantees for Ukraine during Sunday’s talks and that the 20-point plan under discussion “is about 90% ready.”An “economic agreement” also will be discussed, Zelenskyy said, but added that he was unable to confirm “whether anything will be finalized by the end.”The Ukrainian side will also raise “territorial issues,” he said. Moscow has insisted that Ukraine relinquish the remaining territory it still holds in the Donbas — an ultimatum that Ukraine has rejected. Russia has captured most of Luhansk and about 70% of Donetsk — the two areas that make up the Donbas.Zelenskyy said that Ukraine “would like the Europeans to be involved,” but doubted whether it would be possible at short notice.“We must, without doubt, find some format in the near future in which not only Ukraine and the U.S. are present, but Europe is represented as well,” he said.The announced meeting is the latest development in an extensive U.S.-led diplomatic push to end the nearly four-year Russia-Ukraine war, but efforts have run into sharply conflicting demands by Moscow and Kyiv.Zelenskyy’s comments came after he said Thursday that he had a “good conversation” with U.S. special envoy Steve Witkoff and Jared Kushner, Trump’s son-in-law.Kremlin spokesman Dmitry Peskov told reporters Friday that the Kremlin had already been in contact with U.S. representatives since Russian presidential envoy Kirill Dmitriev recently met with U.S. envoys in Florida.“It was agreed upon to continue the dialogue,” he said.Trump is engaged in a diplomatic push to end Russia’s all-out war, which began on Feb. 24, 2022, but his efforts have run into sharply conflicting demands by Moscow and Kyiv. Zelenskyy said Tuesday that he would be willing to withdraw troops from Ukraine’s eastern industrial heartland as part of a plan to end the war if Russia also pulls back and the area becomes a demilitarized zone monitored by international forces.Though Russian Foreign Ministry spokeswoman Maria Zakharova said Thursday that there had been “slow but steady progress” in the peace talks, Russia has given no indication that it will agree to any kind of withdrawal from land it has seized.On the ground, two people were killed and six more wounded Friday when a guided aerial bomb hit a busy road and set cars aflame in Ukraine’s second biggest city, Kharkiv, mayor Ihor Terekhov wrote on Telegram.One person was killed and three others were wounded when a guided aerial bomb hit a house in Ukraine’s Zaporizhzhia region, while six people were wounded in a missile strike on the city of Uman, local officials said Friday.Russian drone attacks on the city of Mykolaiv and its suburbs overnight into Friday left part of the city without power. Energy and port infrastructure were damaged by drones in the city of Odesa on the Black Sea.Meanwhile, Ukraine said that it struck a major Russian oil refinery on Thursday using U.K.-supplied Storm Shadow missiles.Ukraine’s General Staff said that its forces hit the Novoshakhtinsk refinery in Russia’s Rostov region.“Multiple explosions were recorded. The target was hit,” it wrote on Telegram.Rostov regional Gov. Yuri Slyusar said that a firefighter was wounded when extinguishing the fire.Ukraine’s long-range drone strikes on Russian refineries aim to deprive Moscow of the oil export revenue it needs to pursue its full-scale invasion. Russia wants to cripple Ukraine’s power grid, seeking to deny civilians access to heat, light and running water in what Ukrainian officials say is an attempt to “weaponize winter.”

    Ukrainian President Volodymyr Zelenskyy said Friday that he will meet with U.S. President Donald Trump in Florida over the weekend.

    Related video above: Ukraine and U.S. discuss peace proposals on Christmas Day amid Russian attacks

    Zelenskyy told journalists that the two leaders will discuss security guarantees for Ukraine during Sunday’s talks and that the 20-point plan under discussion “is about 90% ready.”

    An “economic agreement” also will be discussed, Zelenskyy said, but added that he was unable to confirm “whether anything will be finalized by the end.”

    The Ukrainian side will also raise “territorial issues,” he said. Moscow has insisted that Ukraine relinquish the remaining territory it still holds in the Donbas — an ultimatum that Ukraine has rejected. Russia has captured most of Luhansk and about 70% of Donetsk — the two areas that make up the Donbas.

    Zelenskyy said that Ukraine “would like the Europeans to be involved,” but doubted whether it would be possible at short notice.

    “We must, without doubt, find some format in the near future in which not only Ukraine and the U.S. are present, but Europe is represented as well,” he said.

    The announced meeting is the latest development in an extensive U.S.-led diplomatic push to end the nearly four-year Russia-Ukraine war, but efforts have run into sharply conflicting demands by Moscow and Kyiv.

    Zelenskyy’s comments came after he said Thursday that he had a “good conversation” with U.S. special envoy Steve Witkoff and Jared Kushner, Trump’s son-in-law.

    Kremlin spokesman Dmitry Peskov told reporters Friday that the Kremlin had already been in contact with U.S. representatives since Russian presidential envoy Kirill Dmitriev recently met with U.S. envoys in Florida.

    “It was agreed upon to continue the dialogue,” he said.

    Trump is engaged in a diplomatic push to end Russia’s all-out war, which began on Feb. 24, 2022, but his efforts have run into sharply conflicting demands by Moscow and Kyiv.

    Zelenskyy said Tuesday that he would be willing to withdraw troops from Ukraine’s eastern industrial heartland as part of a plan to end the war if Russia also pulls back and the area becomes a demilitarized zone monitored by international forces.

    Though Russian Foreign Ministry spokeswoman Maria Zakharova said Thursday that there had been “slow but steady progress” in the peace talks, Russia has given no indication that it will agree to any kind of withdrawal from land it has seized.

    On the ground, two people were killed and six more wounded Friday when a guided aerial bomb hit a busy road and set cars aflame in Ukraine’s second biggest city, Kharkiv, mayor Ihor Terekhov wrote on Telegram.

    One person was killed and three others were wounded when a guided aerial bomb hit a house in Ukraine’s Zaporizhzhia region, while six people were wounded in a missile strike on the city of Uman, local officials said Friday.

    Russian drone attacks on the city of Mykolaiv and its suburbs overnight into Friday left part of the city without power. Energy and port infrastructure were damaged by drones in the city of Odesa on the Black Sea.

    Meanwhile, Ukraine said that it struck a major Russian oil refinery on Thursday using U.K.-supplied Storm Shadow missiles.

    Ukraine’s General Staff said that its forces hit the Novoshakhtinsk refinery in Russia’s Rostov region.

    “Multiple explosions were recorded. The target was hit,” it wrote on Telegram.

    Rostov regional Gov. Yuri Slyusar said that a firefighter was wounded when extinguishing the fire.

    Ukraine’s long-range drone strikes on Russian refineries aim to deprive Moscow of the oil export revenue it needs to pursue its full-scale invasion. Russia wants to cripple Ukraine’s power grid, seeking to deny civilians access to heat, light and running water in what Ukrainian officials say is an attempt to “weaponize winter.”

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  • Libya’s army chief killed in air crash in Turkey

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    The Libyan army chief has been killed in an air crash in Turkey, Libya’s prime minister has said.

    Gen Mohammed Ali Ahmed al-Haddad and four others were on board a Falcon 50 aircraft flying out of the Turkish capital, Ankara, on Tuesday evening.

    In a post on X, Turkish Interior Minister Ali Yerlikaya said signal with the business jet was lost at 20:52 local time (17:52 GMT) – about 42 minutes after it took off from Ankara’s airport.

    The Tripoli-bound jet had issued an emergency landing request before contact was lost. The aircraft’s wreckage was later found south-west of Ankara, and an investigation is now under way into what caused the crash.

    Libya’s Gen Mohammed Ali Ahmed al-Haddad (left) died just hours after holding talks with Turkish Defence Minister Yasar Guler [Reuters]

    In a later post on X, Yerlikaya wrote that police had spotted the debris near the village of Kesikkavak, in the Haymana district.

    He said the “public will be informed of further developments”.

    In Libya, Abdul Hamid Dbeibeh, the prime minister of the country’s internationally-recognised Government of National Unity (GNU), said he had received news of the deaths of Gen Haddad and other senior Libyan military officials on board the jet.

    The prime minister called it a “great loss” for the nation, saying Libya had “lost men who served their country with sincerity and dedication”.

    Gen Haddad and his team had been in Turkey for talks aimed at further strengthening military and security co-operation between the two countries.

    Turkey has played an increasingly dominant role in Libya after intervening in 2019 to prevent an army from the east of the country driving out the internationally-recognised government in Tripoli, and has built close political, military and economic ties.

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  • Peru cuts ties with Mexico over asylum for ex-prime minister

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    Peru has decided to break off diplomatic relations with Mexico after accusing it of granting asylum to a former Peruvian prime minister who is on trial over an alleged coup attempt in 2022.

    The announcement on Monday came hours after former Prime Minister Betssy Chavez, who served under former President Pedro Castillo, fled to the Mexican Embassy in Peru.

    “Today we learned with surprise and deep regret that Betssy Chavez, the alleged co-author of the coup attempt by former President Pedro Castillo, is being granted asylum at the Mexican Embassy residence in Peru,” Minister of Foreign Affairs Hugo de Zela told a news conference.

    “Given this unfriendly act, and considering the repeated instances in which the current and former presidents of that country have interfered in Peru’s internal affairs, the Peruvian government has decided to sever diplomatic relations with Mexico today,” he added.

    There was no immediate comment from Mexico.

    Chavez’s lawyer, Raul Noblecilla, told local radio station RPP that he had not heard from his client in several days and was unaware of whether she had requested asylum.

    Chavez had served as Minister of Culture before Castillo – a former rural schoolteacher and trade unionist, dubbed Peru’s “first poor president” – appointed her as prime minister in November 2022.

    Castillo was impeached by lawmakers the following month after he attempted to dissolve Congress amid a months-long standoff.

    Relations between Lima and Mexico deteriorated sharply over Castillo’s ouster.

    The impeached president was on his way to the Mexican Embassy in Lima to request asylum together with his family when he was arrested and charged with rebellion and abuse of authority.

    Chavez was charged alongside him.

    Peru expelled Mexico’s ambassador after Mexico granted asylum to Castillo’s wife and children.

    Castillo’s successor, then-President Dina Boluarte, also temporarily recalled Peru’s ambassador to Mexico City in February 2023, accusing then-left-wing president Andres Manuel Lopez Obrador of meddling in her country’s affairs for expressing support for Castillo.

    The former president and Chavez went on trial in March of this year.

    While Castillo has been in preventive custody since his impeachment, Chavez was released on bail in September.

    Prosecutors had sought a 25-year term for Chavez for allegedly participating in Castillo’s plan to dissolve Congress.

    They have sought a 34-year sentence for Castillo.

    The pair has denied the charges.

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  • Opinion | The Crisis in Paris Is That No One Recognizes the Real Crisis

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    France’s welfare state is in desperate need of reform, but Macron is obsessing over Marine Le Pen.

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    Joseph C. Sternberg

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  • France’s Lecornu explains surprise reappointment as prime minister

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    French Prime Minister Sébastien Lecornu on Saturday explained his surprise reappointment by French President Emmanuel Macron, just days after he announced his resignation.

    Lecornu, a close ally of Macron, took office as prime minister just four weeks ago but resigned on Monday amid government tensions, plunging France into a further political crisis.

    But his return was confirmed on Friday after he was tasked by Macron with holding last-ditch talks with political opponents to find a path forward after months of instability in Paris.

    Under the French constitution, a new budget for the coming year must be submitted to parliament by a prime minister by Monday at the latest.

    “I have no other ambition than to get us out of this situation, which is objectively very difficult for everyone,” said Lecornu in the Paris suburb of L’Haÿ-les-Roses on Saturday.

    “So I give myself a pretty clear task,” he said, referring to the budget deadline. “And then either the political forces help me with it and we work together – or they don’t.”

    France has been mired in political deadlock since a snap election in mid-2024, which left no camp with a majority.

    While a left-wing alliance emerged with the most seats, Macron has steadfastly refused to work with the left, nominating a series of centrist and conservative prime ministers that have proven unable to build parliamentary majorities.

    Lecornu must now put together a Cabinet quickly over the weekend and has hinted that he could turn to the left.

    “I think we need a government that also reflects parliamentary reality. That is essential, that is democracy.”

    The government is already facing a vote of no confidence from the opposition at the beginning of the week. This means that Lecornu and his future government team could be toppled as soon as Thursday.

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  • Govt appoints Asheesh Pandey as MD of Union Bank, Kalyan Kumar as head of Central Bank of India

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    The government has appointed Asheesh Pandey as managing director (MD) and CEO of Union Bank of India and Kalyan Kumar as head of Central Bank of India for a period of three years.

    The Appointments Committee of the Cabinet headed by the Prime Minister approved these appointments for an initial period of three years, sources said.

    Pandey, currently Executive Director of Bank of Maharashtra, has been appointed as MD and CEO of Union Bank of India for a period of three years with effect from date of assumption of charge of the office.

    Kumar, Executive Director of Punjab National Bank (PNB), will succeed M V Rao as MD and CEO of Central Bank of India after his superannuation in July.

    The Financial Services Institutions Bureau (FSIB) on May 30 recommended Pandey and Kumar for the post of MD and CEO of Union Bank of India (UBI) and Central Bank of India, respectively.


    FSIB is headed by former Department of Personnel and Training Secretary Bhanu Pratap Sharma.

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    Other members of the headhunter are Animesh Chauhan, former chairman and MD of erstwhile Oriental Bank of Commerce, the Reserve Bank‘s former executive director Deepak Singhal, and Shailendra Bhandari, ex-MD of erstwhile ING Vysya Bank.

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  • Opinion | Japan Gets New Kind of Leader

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    Sanae Takaichi, a hawkish nationalist, wants to make her country great again.

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    Walter Russell Mead

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  • Japan PM contender Koizumi vows wage hikes to counter inflation

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    By Leika Kihara

    TOKYO (Reuters) -Shinjiro Koizumi, launching a bid to become Japan’s next prime minister, pledged on Saturday to focus on revitalising the economy by boosting wages and productivity to counter rising prices.

    Koizumi, seen as a frontrunner in the ruling party’s leadership race, said Japan must shift the focus of economic policy from beating deflation to one better suited to an era of inflation.

    “Japan’s economy is in a transition phase from deflation to inflation,” Koizumi told a news conference announcing his bid for president of the Liberal Democratic Party.

    “We must have wage growth accelerate at a pace exceeding inflation, so consumption becomes a driver of growth,” Koizumi said, adding that the economy would be his policy priority.

    On monetary policy, Koizumi said he hoped the Bank of Japan would work in lock step with the government to achieve stable prices and solid economic growth.

    Koizumi and veteran fiscal dove Sanae Takaichi are seen as the top contenders in the October 4 party race after Prime Minister Shigeru Ishiba’s decision this month to step down.

    The next LDP leader is likely to become prime minister as the party is by far the largest in the lower house of parliament, although the LDP lost its majorities in both houses under Ishiba, so the path is not guaranteed.

    Koizumi said if he were to become prime minister, his government would immediately compile a package of measures to cushion the economic blow from rising prices, and submit a supplementary budget to an extraordinary parliament session.

    “While being mindful of the need for fiscal discipline, we can use increased tax revenues from inflation to fund policies for achieving economic growth,” he said.

    The LDP race has drawn strong attention from market players and led to a rise in super-long government bond yields on the view the next leader could boost fiscal spending.

    Investors have also focused on the candidates’ view on monetary policy, as the BOJ eyes further hikes in still-low interest rates. Takaichi had criticised the BOJ’s rate hikes in the past but made no comment on monetary policy at a news conference on Friday.

    Koizumi said that if chosen as prime minister, his government would slash tax on gasoline, increase tax exemptions for households and take steps to raise average wages by 1 million yen ($6,800) by fiscal 2030, Koizumi said.

    He also pledged to increase government support on corporate capital expenditure to boost Japan’s manufacturing capacity. “We need to build a strong economy backed by growth in both demand and supply,” Koizumi said.

    ($1 = 147.9400 yen)

    (Reporting by Leika Kihara; Editing by William Mallard)

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  • Einav Zangauker holds bottle of son’s urine from Gaza at rally

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    “This is what the State of Israel brought me from captivity, from the tunnels in Khan Younis. Matan’s urine. This is what I have from my firstborn son,” Zangauker said

    Einav Zangauker, the mother of hostage Matan Zangauker, said that she received a bottle of her son’s urine from Israeli authorities who were operating in Khan Yunis during demonstrations for the hostages on Thursday evening in Jerusalem.

    “Instead of getting my child back in a deal, instead of endangering soldiers and reservists, instead of ending this war and allowing an entire nation to recover and rebuild itself, to heal both body and soul – this is what the State of Israel brought me from captivity, from the tunnels in Khan Yunis. Matan’s urine,” she said, holding up a bag with a bottle of urine.

    “This is what I have from my child. I will not settle for this urine bottle – I want to embrace my son! I want to help him recover! I want to walk him down the aisle with Ilana and his sisters!”

    She went on to express her anger with Prime Minister Benjamin Netanyahu for not having a comprehensive deal after over 700 days of war in Gaza.

    “Prime Minister, it is in your hands to bring my son back to me. It is in your hands to return 20 living hostages to us. It is in your hands – with one signature, nothing more is needed – one copy of a comprehensive agreement to return our fallen for burial.”

    Hostage families camp outside of Prime Minister’s residence in Jerusalem

    Family members of the hostages, along with former hostage and Matan’s partner Ilana Gritzewsky, are sleeping in tents outside of the Prime Minister’s Residence in Jerusalem overnight on Thursday.

    This is the fourth night of the hostages and missing families’ emergency encampment on Azza Street. Protesters were expelled from the area on Wednesday evening.

    “We will not stop and we will not give up on our 48 loved ones,” the Hostages and Missing Families forum said in a statement. “We call on the people of Israel to come up to Jerusalem tomorrow evening as well and join us in demanding an immediate deal for the return of all hostages and an end to the war.”

    Earlier in the day, Bar Godard, daughter of slain hostage Meny Godard, called for Netanyahu to sign a deal to bring back all of the hostages who were killed in captivity or had their remains held hostage.

    “This scene is not a horror movie, this is my life. I already buried my mother because of this war and all I’m asking is that no other family joins the ranks of the bereaved. Bring back my father so he can be buried next to my mother,” she said.

    “Enough, stop this madness. Don’t let another mother bury her son. I had two loving parents, and now I’m an orphan begging for a grave. Don’t let anyone else join the circle of bereavement.”

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  • Israel Information Center organizes award ceremony for books on Shimon Peres, Moshe Sharett

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    Peres, the only one to serve as both prime minister and president, and Sharett, the country’s second prime minister, were chosen as the focus of the Israel Information Center’s award ceremony.

    To honor the memories of the nation’s deceased leaders, each year, the Israel Information Center organizes an award ceremony at the President’s Residence, where prizes are given for the best books on the achievements of former presidents and prime ministers no longer living.

    A different president and prime minister are chosen each time, and books about them are submitted to a public committee to decide which are deserving of the President’s Prize and the Prime Minister’s Prize.

    Shimon Peres, the nation’s only leader to serve as both prime minister and president, and Moshe Sharett, who was the country’s second prime minister, were the chosen figures for this year.

    The current president and the prime minister usually present the prizes. Yet, due to current circumstances, Prime Minister Benjamin Netanyahu was unable to attend and was represented by Gila Gamliel, the minister for Innovation, Science, and Technology.

    The winner of the President’s Prize was Prof. Yossi Goldstein of Bar Ilan University, who wrote a comprehensive, in-depth biography of Peres’s political career and legacy.

    MOSHE SHARETT became prime minister in highly challenging circumstances. The Jewish state was less than six years old and Arab hostility remained omnipresent. (credit: KNESSET)

    The Prime Minister’s Prize was awarded to Mordechai Naor, a prolific writer and researcher of the history of Israel, for his book about Sharett, and to Yael Perlov and Maya Dvorin, who interviewed Sharett’s children to produce a biography that takes a broader look at the man and his political activities.

    Herzog prefaced his remarks by saying that it is customary to speak of fighting the war on seven fronts, but there is actually an eighth front – the battle for public diplomacy, which must not be ignored.

    “We have to act in a statesperson-like and diplomatic fashion in the most significant manner,” he said.

    As someone who has been in the service of the state for several years, Herzog continued, he could say with certainty that Israel has never before experienced such animosity as is confronting the country today.

    Politicians and diplomats of the first order

    He then turned his attention to Peres and Sharett, calling them “Zionist giants,” and saying that it was fitting that they be linked in this manner, as this is the 60th anniversary year of Sharett’s death, and both Sharett and Peres had worked closely with Israel’s founding prime minister, David Ben-Gurion.

    Both were politicians and diplomats of the first order, who pursued peace but understood that sometimes, for the security of the Jewish people, it was necessary to go to war. Each has done much to facilitate Israel’s sustainable connections with other countries, both Herzog and Gamliel noted.

    The ninth anniversary of the death of Peres, in accordance with the Hebrew calendar, will be this coming Tuesday, September 16, at 5 p.m.

    A memorial in his honor will be held on Mount Herzl with the participation of President Herzog, Chief Justice Isaac Amit, and Adva Abramowitz, the mother of murdered IDF spotter Noam Abramowitz, who was slain during Hamas’s October 7 attack on Nahal Oz.

    Maccabit Meir, the aunt of twins Gali and Ziv Berman who were abducted from Kibbutz Kfar Aza and taken to Gaza, where last week, they marked their 28th birthday, ambassadors, other members of the diplomatic corps, as well as family, friends, colleagues of Peres, and senior staff of the Peres Center for Peace and Innovation who worked with him when he was president will also be among the participants.

    Rotem Sharabi, the daughter of Sharon Sharabi, who campaigned relentlessly to bring home his kidnapped brother Eli Sharabi, will sing the song Or (light), which Naomi Shemer wrote, and which was originally sung by Shoshana Damari.

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  • Israeli airstrike kills Houthi rebel prime minister in Yemen’s capital

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    The Iranian-backed Houthis said Saturday an Israeli airstrike killed the prime minister of the rebel-controlled government in the Yemeni capital, Sanaa.Related video above: Indian Navy acts as firefighters on container ship attacked by Houthis in Gulf of Aden (03/06/24)Ahmed al-Rahawi was killed in a Thursday strike in Sanaa along with a number of ministers, the rebels said in a statement.The Israeli military said Thursday that it “precisely struck a Houthi terrorist regime military target in the area of Sanaa in Yemen.”Al-Rahawi, who served as prime minister to the Houthi-led government since August 2024, was targeted along with other members of his Houthi-controlled government during a routine workshop held by the government to evaluate its activities and performance over the past year, the rebels’ statement said.The Houthis have repeatedly launched missiles against Israel throughout Israel’s war against Hamas in Gaza. The group says the attacks are in solidarity with the Palestinians. Though most of the missiles launched by Yemen are intercepted by Israel or fragment mid-air, this has done little to deter the attacks.Earlier in the week, Israeli strikes hit multiple areas across Sanaa, killing at least 10 people and wounding 102 others, according to the Houthi-run health ministry and government officials.The Houthis have launched missiles and drones toward Israel and targeted ships in the Red Sea throughout Israel’s war against Hamas in Gaza. The rebels say their attacks are in solidarity with the Palestinians.In response to the Houthi attacks, Israel and a U.S.-led coalition pounded the rebel-held areas in Yemen, including Sanaa and the strategic coastal city of Hodeida. Israeli strikes knocked the Sanaa airport out of service in May.The Trump administration announced a deal with the Houthis to end the airstrikes in return for an end to attacks on shipping in May. The rebels, however, said the agreement did not include halting attacks on targets it believed were aligned with Israel.

    The Iranian-backed Houthis said Saturday an Israeli airstrike killed the prime minister of the rebel-controlled government in the Yemeni capital, Sanaa.

    Related video above: Indian Navy acts as firefighters on container ship attacked by Houthis in Gulf of Aden (03/06/24)

    Ahmed al-Rahawi was killed in a Thursday strike in Sanaa along with a number of ministers, the rebels said in a statement.

    The Israeli military said Thursday that it “precisely struck a Houthi terrorist regime military target in the area of Sanaa in Yemen.”

    Al-Rahawi, who served as prime minister to the Houthi-led government since August 2024, was targeted along with other members of his Houthi-controlled government during a routine workshop held by the government to evaluate its activities and performance over the past year, the rebels’ statement said.

    The Houthis have repeatedly launched missiles against Israel throughout Israel’s war against Hamas in Gaza. The group says the attacks are in solidarity with the Palestinians. Though most of the missiles launched by Yemen are intercepted by Israel or fragment mid-air, this has done little to deter the attacks.

    MOHAMMED HUWAIS

    Yemen’s Houthi-led government’s Prime Minister Ahmed al-Rahawi visits the offices of the Palestinian Hamas movement in Sanaa, to offer his condolences over the killing of Yahya Sinwar, the head of the Hamas movement, on Oct. 20, 2024.

    Earlier in the week, Israeli strikes hit multiple areas across Sanaa, killing at least 10 people and wounding 102 others, according to the Houthi-run health ministry and government officials.

    The Houthis have launched missiles and drones toward Israel and targeted ships in the Red Sea throughout Israel’s war against Hamas in Gaza. The rebels say their attacks are in solidarity with the Palestinians.

    In response to the Houthi attacks, Israel and a U.S.-led coalition pounded the rebel-held areas in Yemen, including Sanaa and the strategic coastal city of Hodeida. Israeli strikes knocked the Sanaa airport out of service in May.

    The Trump administration announced a deal with the Houthis to end the airstrikes in return for an end to attacks on shipping in May. The rebels, however, said the agreement did not include halting attacks on targets it believed were aligned with Israel.

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  • Drone targets Israeli prime minister Netanyahu’s house as strikes in Gaza kill 50

    Drone targets Israeli prime minister Netanyahu’s house as strikes in Gaza kill 50

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    The Israeli government said a drone targeted the prime minister’s house Saturday, though there were no casualties, as Iran’s supreme leader vowed Hamas would continue its fight following the killing of the mastermind of last year’s deadly Oct. 7 attack.Sirens wailed in Israel warning of incoming fire from Lebanon. The military said dozens of projectiles were launched. Israeli Prime Minister Benjamin Netanyahu’s office said the drone targeted his house in the Mediterranean coastal town of Caesarea, though neither he nor his wife were home.The barrage comes as Israel considers its expected response to an Iranian attack earlier this month and presses its offensives against Hamas militants in Gaza and Hezbollah in Lebanon.In Gaza, Israeli forces fired at hospitals in the battered northern part of the Palestinian enclave, and strikes in the strip killed more than 50 people, including children, in less than 24 hours, according to hospital officials and an Associated Press reporter there.In September, Yemen’s Houthi rebels launched a ballistic missile toward Ben Gurion Airport when Netanyahu’s plane was landing. The missile was intercepted.Barrages from Lebanon target northern IsraelIn addition to the drone launched at Netanyahu’s private residence, Israel’s military said some 180 projectiles were fired throughout the day from Lebanon on Saturday morning. A 50-year-old man was killed after being hit by shrapnel while sitting in his car in northern Israel, and four people were injured, Israel’s medical services said.In the northern city of Kiryat Ata, sirens blared as people ran for cover and intercepted missiles exploded in the sky. One rocket landed in the area, and Associated Press reporters saw burned cars and a damaged building. Itzik Billet, commander for the Haifa area, said nine people were lightly injured.The Israeli fire service also said it was battling several blazes resulting from missiles in the Shlomi area, less than a mile from the Lebanese border.Israel’s war with Lebanon’s Hezbollah — a Hamas ally backed by Iran — has intensified in recent weeks. Hezbollah said Friday that it planned to launch a new phase of fighting by sending more guided missiles and exploding drones into Israel. The militant group’s longtime leader, Hassan Nasrallah, was killed in an Israeli airstrike in late September, and Israel sent ground troops into Lebanon earlier in October.Israel also said Saturday it killed Hezbollah’s deputy commander in the southern town of Bint Jbeil. The army said Nasser Rashid supervised attacks against Israel.In Lebanon, the health ministry said an Israeli airstrike Saturday hit a vehicle on a main highway north of Beirut, killing two people. It was unclear who was in the car when it was struck.Israeli strikes pound Gaza as Hamas rejects hostage releaseA standoff is also ensuing between Israel and Hamas, which it’s fighting in Gaza, with both signaling resistance to ending the war after the death of Hamas’ leader Yahya Sinwar this week.On Friday, Iran’s supreme leader, Ayatollah Ali Khamenei, said Sinwar’s death was a painful loss but noted that Hamas carried on despite the killings of other Palestinian militant leaders before him.“Hamas is alive and will stay alive,” Khamenei said in his first comments on the killing.Since Israel claimed Sinwar’s death Thursday, confirmed by a top Hamas official Friday, Hamas has reiterated its stance that the hostages taken from Israel a year ago will not be released until there is a cease-fire in Gaza and a withdrawal of Israeli troops. The staunch position pushed back against a statement by Netanyahu that his country’s military will keep fighting until the hostages are released, and will remain in Gaza to prevent a severely weakened Hamas from rearming.Sinwar was the chief architect of the 2023 Hamas raid on Israel that killed some 1,200 people, mostly civilians, and kidnapped another 250. Israel’s retaliatory offensive in Gaza has killed over 42,000 Palestinians, according to local health authorities, who do not distinguish combatants from civilians but say more than half the dead are women and children.More strikes pounded Gaza on Saturday. The Palestinian Health Ministry said in a statement that Israeli strikes hit the upper floors of the Indonesian Hospital in Beit Lahiya, and that forces opened fire at the hospital’s building and its courtyard, causing panic among patients and medical staff.At Al-Awda hospital in Jabaliya, in northern Gaza, strikes hit the building’s top floors, injuring several staff members, the hospital said in a statement. Three houses in Jabaliya were struck overnight Friday, killing at least 30 people, more than half of them women and children, said Fares Abu Hamza, head of the health ministry’s ambulance and emergency service. At least 80 people were injured.In central Gaza, at least 10 people were killed, including two children, when a house was hit in the town of Zawayda, according to the al-Aqsa Martyrs Hospital in Deir al-Balah, where the casualties were taken. Another strike killed 11 people, all from the same family, in the Maghazi refugee camp, the same hospital said. Associated Press journalists counted the bodies from both strikes at the hospital.The strikes knocked out internet networks in northern Gaza, said Paltel, the Palestinian communications company, on Facebook Saturday.The war has destroyed vast swaths of Gaza, displaced about 90% of its population of 2.3 million people, and left them struggling to find food, water, medicine and fuel.Opportunity in Sinwar’s deathSinwar’s killing appeared to be a chance front-line encounter with Israeli troops on Wednesday, and it could shift the dynamics of the war in Gaza even as Israel presses its offensive against Hezbollah with ground troops in southern Lebanon and airstrikes in other areas of the country.Israel has pledged to destroy Hamas politically in Gaza, and killing Sinwar was a top military priority. But Netanyahu said in a speech Thursday announcing the killing that “our war is not yet ended.”Still, the governments of Israel’s allies and exhausted residents of Gaza expressed hope that Sinwar’s death would pave the way for an end to the fighting.In Israel, families of hostages still held in Gaza demanded the Israeli government use Sinwar’s killing as a way to restart negotiations to bring home their loved ones. There are about 100 hostages remaining in Gaza, at least 30 of whom Israel says are dead.

    The Israeli government said a drone targeted the prime minister’s house Saturday, though there were no casualties, as Iran’s supreme leader vowed Hamas would continue its fight following the killing of the mastermind of last year’s deadly Oct. 7 attack.

    Sirens wailed in Israel warning of incoming fire from Lebanon. The military said dozens of projectiles were launched. Israeli Prime Minister Benjamin Netanyahu’s office said the drone targeted his house in the Mediterranean coastal town of Caesarea, though neither he nor his wife were home.

    The barrage comes as Israel considers its expected response to an Iranian attack earlier this month and presses its offensives against Hamas militants in Gaza and Hezbollah in Lebanon.

    In Gaza, Israeli forces fired at hospitals in the battered northern part of the Palestinian enclave, and strikes in the strip killed more than 50 people, including children, in less than 24 hours, according to hospital officials and an Associated Press reporter there.

    In September, Yemen’s Houthi rebels launched a ballistic missile toward Ben Gurion Airport when Netanyahu’s plane was landing. The missile was intercepted.

    Barrages from Lebanon target northern Israel

    In addition to the drone launched at Netanyahu’s private residence, Israel’s military said some 180 projectiles were fired throughout the day from Lebanon on Saturday morning. A 50-year-old man was killed after being hit by shrapnel while sitting in his car in northern Israel, and four people were injured, Israel’s medical services said.

    In the northern city of Kiryat Ata, sirens blared as people ran for cover and intercepted missiles exploded in the sky. One rocket landed in the area, and Associated Press reporters saw burned cars and a damaged building. Itzik Billet, commander for the Haifa area, said nine people were lightly injured.

    The Israeli fire service also said it was battling several blazes resulting from missiles in the Shlomi area, less than a mile from the Lebanese border.

    Israel’s war with Lebanon’s Hezbollah — a Hamas ally backed by Iran — has intensified in recent weeks. Hezbollah said Friday that it planned to launch a new phase of fighting by sending more guided missiles and exploding drones into Israel. The militant group’s longtime leader, Hassan Nasrallah, was killed in an Israeli airstrike in late September, and Israel sent ground troops into Lebanon earlier in October.

    Israel also said Saturday it killed Hezbollah’s deputy commander in the southern town of Bint Jbeil. The army said Nasser Rashid supervised attacks against Israel.

    In Lebanon, the health ministry said an Israeli airstrike Saturday hit a vehicle on a main highway north of Beirut, killing two people. It was unclear who was in the car when it was struck.

    Israeli strikes pound Gaza as Hamas rejects hostage release

    A standoff is also ensuing between Israel and Hamas, which it’s fighting in Gaza, with both signaling resistance to ending the war after the death of Hamas’ leader Yahya Sinwar this week.

    On Friday, Iran’s supreme leader, Ayatollah Ali Khamenei, said Sinwar’s death was a painful loss but noted that Hamas carried on despite the killings of other Palestinian militant leaders before him.

    “Hamas is alive and will stay alive,” Khamenei said in his first comments on the killing.

    Since Israel claimed Sinwar’s death Thursday, confirmed by a top Hamas official Friday, Hamas has reiterated its stance that the hostages taken from Israel a year ago will not be released until there is a cease-fire in Gaza and a withdrawal of Israeli troops. The staunch position pushed back against a statement by Netanyahu that his country’s military will keep fighting until the hostages are released, and will remain in Gaza to prevent a severely weakened Hamas from rearming.

    Sinwar was the chief architect of the 2023 Hamas raid on Israel that killed some 1,200 people, mostly civilians, and kidnapped another 250. Israel’s retaliatory offensive in Gaza has killed over 42,000 Palestinians, according to local health authorities, who do not distinguish combatants from civilians but say more than half the dead are women and children.

    More strikes pounded Gaza on Saturday. The Palestinian Health Ministry said in a statement that Israeli strikes hit the upper floors of the Indonesian Hospital in Beit Lahiya, and that forces opened fire at the hospital’s building and its courtyard, causing panic among patients and medical staff.

    At Al-Awda hospital in Jabaliya, in northern Gaza, strikes hit the building’s top floors, injuring several staff members, the hospital said in a statement. Three houses in Jabaliya were struck overnight Friday, killing at least 30 people, more than half of them women and children, said Fares Abu Hamza, head of the health ministry’s ambulance and emergency service. At least 80 people were injured.

    In central Gaza, at least 10 people were killed, including two children, when a house was hit in the town of Zawayda, according to the al-Aqsa Martyrs Hospital in Deir al-Balah, where the casualties were taken. Another strike killed 11 people, all from the same family, in the Maghazi refugee camp, the same hospital said. Associated Press journalists counted the bodies from both strikes at the hospital.

    The strikes knocked out internet networks in northern Gaza, said Paltel, the Palestinian communications company, on Facebook Saturday.

    The war has destroyed vast swaths of Gaza, displaced about 90% of its population of 2.3 million people, and left them struggling to find food, water, medicine and fuel.

    Opportunity in Sinwar’s death

    Sinwar’s killing appeared to be a chance front-line encounter with Israeli troops on Wednesday, and it could shift the dynamics of the war in Gaza even as Israel presses its offensive against Hezbollah with ground troops in southern Lebanon and airstrikes in other areas of the country.

    Israel has pledged to destroy Hamas politically in Gaza, and killing Sinwar was a top military priority. But Netanyahu said in a speech Thursday announcing the killing that “our war is not yet ended.”

    Still, the governments of Israel’s allies and exhausted residents of Gaza expressed hope that Sinwar’s death would pave the way for an end to the fighting.

    In Israel, families of hostages still held in Gaza demanded the Israeli government use Sinwar’s killing as a way to restart negotiations to bring home their loved ones. There are about 100 hostages remaining in Gaza, at least 30 of whom Israel says are dead.

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  • UK Labour Party sweeps to power in historic election win with Keir Starmer

    UK Labour Party sweeps to power in historic election win with Keir Starmer

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    LONDON — Labour leader Keir Starmer officially became British prime minister on Friday hours after his Labour Party swept to power in a landslide victory after more than a decade in opposition.

    Starmer was elevated to the nation’s leader after a private ceremony with King Charles III in Buckingham Palace.

    In the merciless choreography of British politics, Starmer is taking charge in 10 Downing St. shortly after Conservative leader Rishi Sunak and his family left the official residence and King Charles III accepted his resignation at Buckingham Palace.

    “This is a difficult day, but I leave this job honored to have been prime minister of the best country in the world,” Sunak said in his farewell address.

    Sunak had conceded defeat earlier in the morning, saying the voters had delivered a “sobering verdict.”

    In a reflective farewell speech in the same place where he had called for the snap election six weeks earlier, Sunak wished Starmer all the best but also acknowledged his missteps.

    “I have heard your anger, your disappointment, and I take responsibility for this loss,” Sunak said. “To all the Conservative candidates and campaigners who worked tirelessly but without success, I’m sorry that we could not deliver what your efforts deserved.”

    Labour’s triumph and challenges

    With almost all the results in, Labour had won 410 seats in the 650-seat House of Commons and the Conservatives 118.

    “A mandate like this comes with a great responsibility,” Starmer acknowledged in a speech to supporters, saying the fight to regain people’s trust after years of disillusionment “is the battle that defines our age.”

    Speaking as dawn broke in London, he said Labour would offer “the sunlight of hope, pale at first but getting stronger through the day.”

    For Starmer, it’s a massive triumph that will bring huge challenges, as he faces a weary electorate impatient for change against a gloomy backdrop of economic malaise, mounting distrust in institutions and a fraying social fabric.

    “Nothing has gone well in the last 14 years,” said London voter James Erskine, who was optimistic for change in the hours before polls closed. “I just see this as the potential for a seismic shift, and that’s what I’m hoping for.”

    And that’s what Starmer promised, saying “change begins now.”

    Anand Menon, professor of European Politics and Foreign Affairs at King’s College London, said British voters were about to see a marked change in political atmosphere from the tumultuous “politics as pantomime” of the last few years.

    “I think we’re going to have to get used again to relatively stable government, with ministers staying in power for quite a long time, and with government being able to think beyond the very short term to medium-term objectives,” he said.

    Britain has experienced a run of turbulent years – some of it of the Conservatives’ own making and some of it not – that has left many voters pessimistic about their country’s future. The U.K. divorce from the European Union followed by the COVID-19 pandemic and Russia’s invasion of Ukraine battered the economy, while lockdown-breaching parties held by then-Prime Minister Boris Johnson and his staff caused widespread anger.

    Rising poverty, crumbling infrastructure and overstretched National Health Service have led to gripes about “Broken Britain.”

    Johnson’s successor, Liz Truss, rocked the economy further with a package of drastic tax cuts and lasted just 49 days in office. Truss, who lost her seat to Labour, was one of a slew of senior Tories kicked out in a stark electoral reckoning.

    While the result appears to buck recent rightward electoral shifts in Europe, including in France and Italy, many of those same populist undercurrents flow in Britain. Reform UK leader Nigel Farage roiled the race with his party’s anti-immigrant “take our country back” sentiment and undercut support for the Conservatives and even grabbed some voters from Labour.

    Conservative vote collapses as smaller parties surge

    The result is a catastrophe for the Conservatives as voters punished them for 14 years of presiding over austerity, Brexit, a pandemic, political scandals and internecine conflict.

    The historic defeat – the smallest number of seats in the party’s two-century history – leaves it depleted and in disarray and will spark an immediate contest to replace Sunak, who said he would step down as leader.

    In a sign of the volatile public mood and anger at the system, the incoming Parliament will be more fractured and ideologically diverse than any for years. Smaller parties picked up millions of votes, including the centrist Liberal Democrats and Farage’s Reform UK. It won four seats, including one for Farage in the seaside town of Clacton-on-Sea, securing a place in Parliament on his eighth attempt.

    The Liberal Democrats won about 70 seats, on a slightly lower share of the vote than Reform because its votes were more efficiently distributed. In Britain’s first-past-the-post system, the candidate with the most votes in each constituency wins.

    The Green Party won four seats, up from just one before the election.

    One of the biggest losers was the Scottish National Party, which held most of Scotland’s 57 seats before the election but looked set to lose all but handful, mostly to Labour.

    Labour was cautious but reliable

    Labour did not set pulses racing with its pledges to get the sluggish economy growing, invest in infrastructure and make Britain a “clean energy superpower.”

    But the party’s cautious, safety-first campaign delivered the desired result. The party won the support of large chunks of the business community and endorsements from traditionally conservative newspapers, including the Rupert Murdoch-owned Sun tabloid, which praised Starmer for “dragging his party back to the center ground of British politics.”

    Conservative missteps

    The Conservative campaign, meanwhile, was plagued by gaffes. The campaign got off to an inauspicious start when rain drenched Sunak as he made the announcement outside 10 Downing St. Then, Sunak went home early from commemorations in France marking the 80th anniversary of the D-Day invasion.

    Several Conservatives close to Sunak are being investigated over suspicions they used inside information to place bets on the date of the election before it was announced.

    In Henley-on-Thames, about 40 miles (65 kilometers) west of London, voters like Patricia Mulcahy, who is retired, sensed the nation was looking for something different. The community, which has long voted Conservative, flipped to the Liberal Democrats this time.

    “The younger generation are far more interested in change,” Mulcahy said ahead of the results. “But whoever gets in, they’ve got a heck of a job ahead of them. It’s not going to be easy.”

    Copyright © 2024 by The Associated Press. All Rights Reserved.

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  • UK Labour Party sweeps to power in historic election win with Keir Starmer

    UK Labour Party sweeps to power in historic election win with Keir Starmer

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    LONDON — Labour leader Keir Starmer officially became British prime minister on Friday hours after his Labour Party swept to power in a landslide victory after more than a decade in opposition.

    Starmer was elevated to the nation’s leader after a private ceremony with King Charles III in Buckingham Palace.

    In the merciless choreography of British politics, Starmer is taking charge in 10 Downing St. shortly after Conservative leader Rishi Sunak and his family left the official residence and King Charles III accepted his resignation at Buckingham Palace.

    “This is a difficult day, but I leave this job honored to have been prime minister of the best country in the world,” Sunak said in his farewell address.

    Sunak had conceded defeat earlier in the morning, saying the voters had delivered a “sobering verdict.”

    In a reflective farewell speech in the same place where he had called for the snap election six weeks earlier, Sunak wished Starmer all the best but also acknowledged his missteps.

    “I have heard your anger, your disappointment, and I take responsibility for this loss,” Sunak said. “To all the Conservative candidates and campaigners who worked tirelessly but without success, I’m sorry that we could not deliver what your efforts deserved.”

    Labour’s triumph and challenges

    With almost all the results in, Labour had won 410 seats in the 650-seat House of Commons and the Conservatives 118.

    “A mandate like this comes with a great responsibility,” Starmer acknowledged in a speech to supporters, saying the fight to regain people’s trust after years of disillusionment “is the battle that defines our age.”

    Speaking as dawn broke in London, he said Labour would offer “the sunlight of hope, pale at first but getting stronger through the day.”

    For Starmer, it’s a massive triumph that will bring huge challenges, as he faces a weary electorate impatient for change against a gloomy backdrop of economic malaise, mounting distrust in institutions and a fraying social fabric.

    “Nothing has gone well in the last 14 years,” said London voter James Erskine, who was optimistic for change in the hours before polls closed. “I just see this as the potential for a seismic shift, and that’s what I’m hoping for.”

    And that’s what Starmer promised, saying “change begins now.”

    Anand Menon, professor of European Politics and Foreign Affairs at King’s College London, said British voters were about to see a marked change in political atmosphere from the tumultuous “politics as pantomime” of the last few years.

    “I think we’re going to have to get used again to relatively stable government, with ministers staying in power for quite a long time, and with government being able to think beyond the very short term to medium-term objectives,” he said.

    Britain has experienced a run of turbulent years – some of it of the Conservatives’ own making and some of it not – that has left many voters pessimistic about their country’s future. The U.K. divorce from the European Union followed by the COVID-19 pandemic and Russia’s invasion of Ukraine battered the economy, while lockdown-breaching parties held by then-Prime Minister Boris Johnson and his staff caused widespread anger.

    Rising poverty, crumbling infrastructure and overstretched National Health Service have led to gripes about “Broken Britain.”

    Johnson’s successor, Liz Truss, rocked the economy further with a package of drastic tax cuts and lasted just 49 days in office. Truss, who lost her seat to Labour, was one of a slew of senior Tories kicked out in a stark electoral reckoning.

    While the result appears to buck recent rightward electoral shifts in Europe, including in France and Italy, many of those same populist undercurrents flow in Britain. Reform UK leader Nigel Farage roiled the race with his party’s anti-immigrant “take our country back” sentiment and undercut support for the Conservatives and even grabbed some voters from Labour.

    Conservative vote collapses as smaller parties surge

    The result is a catastrophe for the Conservatives as voters punished them for 14 years of presiding over austerity, Brexit, a pandemic, political scandals and internecine conflict.

    The historic defeat – the smallest number of seats in the party’s two-century history – leaves it depleted and in disarray and will spark an immediate contest to replace Sunak, who said he would step down as leader.

    In a sign of the volatile public mood and anger at the system, the incoming Parliament will be more fractured and ideologically diverse than any for years. Smaller parties picked up millions of votes, including the centrist Liberal Democrats and Farage’s Reform UK. It won four seats, including one for Farage in the seaside town of Clacton-on-Sea, securing a place in Parliament on his eighth attempt.

    The Liberal Democrats won about 70 seats, on a slightly lower share of the vote than Reform because its votes were more efficiently distributed. In Britain’s first-past-the-post system, the candidate with the most votes in each constituency wins.

    The Green Party won four seats, up from just one before the election.

    One of the biggest losers was the Scottish National Party, which held most of Scotland’s 57 seats before the election but looked set to lose all but handful, mostly to Labour.

    Labour was cautious but reliable

    Labour did not set pulses racing with its pledges to get the sluggish economy growing, invest in infrastructure and make Britain a “clean energy superpower.”

    But the party’s cautious, safety-first campaign delivered the desired result. The party won the support of large chunks of the business community and endorsements from traditionally conservative newspapers, including the Rupert Murdoch-owned Sun tabloid, which praised Starmer for “dragging his party back to the center ground of British politics.”

    Conservative missteps

    The Conservative campaign, meanwhile, was plagued by gaffes. The campaign got off to an inauspicious start when rain drenched Sunak as he made the announcement outside 10 Downing St. Then, Sunak went home early from commemorations in France marking the 80th anniversary of the D-Day invasion.

    Several Conservatives close to Sunak are being investigated over suspicions they used inside information to place bets on the date of the election before it was announced.

    In Henley-on-Thames, about 40 miles (65 kilometers) west of London, voters like Patricia Mulcahy, who is retired, sensed the nation was looking for something different. The community, which has long voted Conservative, flipped to the Liberal Democrats this time.

    “The younger generation are far more interested in change,” Mulcahy said ahead of the results. “But whoever gets in, they’ve got a heck of a job ahead of them. It’s not going to be easy.”

    Copyright © 2024 by The Associated Press. All Rights Reserved.

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  • Rishi Sunak awaits a multimillion-dollar payday after losing his $177,000 PM gig

    Rishi Sunak awaits a multimillion-dollar payday after losing his $177,000 PM gig

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    It’s official. Rishi Sunak is no longer the U.K. Prime Minister. His long and winding road to the Number 10 exit door has felt inevitable since he took over from the economically disastrous, short-lived Liz Truss government in the autumn of 2022.  

    But 44-year-old Sunak—reportedly found riding off into the Californian sunset on his Peloton before results landed—is more likely to be licking his lips at the future that awaits him than stewing over what could have been with another five years in office.

    That’s because Sunak, a man who is technically richer than the King of England and has a past as a high-flying London banker, can prepare for a few more lucrative perks as he steps away from a life of service. 

    Sunak’s millions

    As prime minister, Sunak was entitled to a salary of £80,000, in addition to his £91,346 salary as a member of parliament for his Richmond and Northallerton constituency. Tax records show that last year, he took home £139,000 ($177,000) from those roles.

    His pay packet for leading the U.K. is a meager sum compared to what he got used to before entering politics and even his other forms of income while he held the job. Sunak made nearly £1.8 million in capital gains last year and paid a total of £500,000 in tax.

    Sunak worked as a successful banker for years, starting at Goldman Sachs before achieving an MBA and returning to the lucrative hedge fund space. 

    According to an analysis by efinancialcareers, Sunak probably only earned less than £100,000 in his first three years out of university.

    While working at the hedge fund TCI between 2006 and 2009 in his mid-20s, Sunak became a multimillionaire after he and his colleagues shared a £100 million pot after a lucrative bet in the buildup to the global financial crisis. 

    The hedge fund took an activist position in the Dutch bank ABN Amro in 2007, forcing its sale to the Royal Bank of Scotland (RBS), which resulted in a £555.9 million profit. However, that acquisition saddled the Scottish bank with debt, leading to a £45.5 billion government bailout.

    While Sunak’s biggest riches will probably come after he eventually resigns as an MP, there are several new income avenues he can eventually look forward to.

    Evidence suggests that if Sunak returns to the finance world after he leaves politics, he will be in high demand. 

    Sunak’s fellow former chancellor George Osbourne has minted fresh millions through city advisory roles with groups including Blackrock and Robey Warshaw, in addition to his time editing London’s Evening Standard newspaper.  

    Or, he could take a cautious lesson from David Cameron. The man who served as PM between 2010 and 2016 landed himself in hot water over his role in the collapsed finance group Greensill Capital.

    Cameron reportedly got $10 million from Greensill to lobby the government on behalf of the company, but his spokesperson disputed that figure. 

    Speaking engagements

    The easiest mileage for Sunak’s bank account after leaving office will likely see him harness his years of training as a public speaker.

    Tony Blair, the ninth-longest running PM of all time, set a marker after he retired, reportedly commanding £1 million in 2012 from his engagements. His Tory successors have been keen to follow that trend.

    In the year between stepping down as prime minister and resigning as an MP, the mercurial Boris Johnson bagged millions of dollars from extracurricular activities as he settled into post-leadership life.

    Documents from May 2023 show Johnson was paid around £3.5 million for speaking engagements after stepping down as PM. He also received a £510,000 advance on a book deal. Theresa May, Johnson’s predecessor, has also enjoyed the speaking circuit since quitting as PM in 2019.

    Family wealth

    What is unique for Sunak among his contemporaries, however, is that the PM never needs to work again.

    Sunak and his wife, Akshata Murty, are worth a combined £651 million ($830 million), according to the latest Sunday Times Rich List, making him richer than King Charles

    The vast majority of that wealth comes from Murty’s holdings in the Indian IT company Infosys, which her billionaire father co-founded.

    Murty’s wealth was a hot point of contention during Sunak’s premiership owing to her “non-dom” status, which meant she didn’t pay tax on income from shares in the foreign-owned Infosys. Murty vowed to pay U.K. tax on this after a media storm.

    Sunak will remain an MP until he decides otherwise, like Boris Johnson or David Cameron before him. 

    But when he does go, the man who led the Tories to their worst defeat in nearly two centuries will quickly be absorbed into a multimillion-dollar corporate cushion shared by most of his former allies.

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    Ryan Hogg

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  • Telangana Govt and JustDial partner to digitise, guide MSMEs

    Telangana Govt and JustDial partner to digitise, guide MSMEs

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    Local search engine company, JustDial, has partnered with the Telangana Government to digitise the Micro, Small, and Medium Enterprises (MSMEs). This partnership will ensure that MSMEs adapt to ways of doing business digitally, realise their marketing potential, and reach out to customers in an effective way. 
     
    The two entities will target MSMEs in cities such as Suryapet, Adilabad, Nizamabad, and more. Besides, JustDial also aims to provide MSMEs an access to its offerings such as JD Mart, JD Xperts and JD Pay which will help them with various services such as an online B2B platform, on-demand home services and an online payment system for traders. 
     
    Commenting on this development, VSS Mani, MD and CEO of Justdial said, “Telangana is helping MSMEs build digital infrastructure and improve their digital footprints to sustain themselves. MSMEs will gain from Justdial’s wide suite of digital services that are designed for growth transformation.”
     
    The main aim of this partnership is to rejuvenate the industrial sector of Telangana as well as address the challenge of information asymmetry within this sector.
     
    It is vital to note here that the MSME segment is an important component of the Indian economy. It contributes about 30 per cent to India’s GDP, and 45 per cent to India’s exports and is also the second largest employer of workforce after agriculture, as per data shared by the Micro, Small, and Medium Enterprises Ministry. Prime Minister Narendra Modi has often highlighted the critical role this sector will play to help India become a $5 trillion economy. 
     
    A joint statement by JustDial and the Telangana Government stated that this synergy will provide an enabling environment for businesses in Telangana and thereby push the ease of doing business quotient within the state.
     

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  • Rishi Sunak Named U.K. Prime Minister

    Rishi Sunak Named U.K. Prime Minister

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    Former U.K. treasury chief Rishi Sunak has become Britain’s first prime minister of color after being chosen to lead a governing Conservative Party, the third person to take the job amid a politically and economically turbulent year for the country. What do you think?

    “Not sure how he’ll appeal to a generation of Truss loyalists.”

    Matt Tucker, Mask Historian

    “So they’re still doing the whole prime minister thing, huh?”

    Jennifer Betancourt, Garage Painter

    “Makes you wonder when America is going to elect its first non-white prime minister.”

    Nick Freed, Casting Agent

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