Wednesday, 14 August 2024

Putin reaffirms Russia’s support for Palestine

Putin reaffirms Russia’s support for Palestine

Putin reaffirms Russia’s support for Palestine




Russian President Vladimir Putin during a meeting with Palestinian Authority President Mahmoud Abbas in Moscow, August 13, 2024
©Sputnik/Aleksey Maishev






Moscow stands for the peaceful resolution of all conflicts, including those in the Middle East, Russian President Vladimir Putin stated on Tuesday during a meeting with Palestinian Authority President Mahmoud Abbas, who is in Moscow on a three-day visit.







Putin praised Russia’s “long-standing, deep-rooted ties with the Arab world, and in particular with Palestine,” adding that it causes “great concern that a humanitarian catastrophe is occurring in Palestine right now.”


According to the Russian leader, the roots of the Gaza conflict are the result of international resolutions regarding the creation of an independent Palestinian state being ignored.


“To establish long-lasting, reliable peace in the region, it is necessary that all the resolutions of the United Nations are implemented, first of all an independent Palestinian State must be established,” Putin stressed. “We have adhered to this position for a long time and it hasn’t changed with the changes of political environment.”


The Russian president said the situation in Gaza is of “great concern” due to mass losses among the civilian population, mostly women and children. According to the UN, the death toll has already approached 40,000 people, he noted.


“We do everything we can to support the Palestinian people. As you know we have already sent some 700 tons of humanitarian aid,” Putin concluded.


Abbas thanked the Russian government and people, saying: “We feel that Russia is one of the dearest friends of the Palestinian people.”


He pointed out that since 1947, more than 1,000 resolutions have been adopted by the UN General Assembly and the Security Council.


“Only one resolution, if implemented, could have helped the Palestinian people to ensure their rights,” Abbas said, adding that “nevertheless, due to the pressure from the United States this mission has failed.”


Western countries that favor Palestinian statehood have thrown their support behind the Palestinian Authority, which is internationally considered the representative of the Palestinian people, but is a rival of Hamas and only controls parts of the West Bank.


Currently the State of Palestine is recognized by 146 UN members and half of the G20, including China, India, Indonesia, Mexico, Brazil, South Africa, and Türkiye.


Israeli Terrorist Prime Minister Benjamin Netanyahu has vowed not to allow the creation of a fully functional Palestinian state. However, Israeli authorities have seen a steady decline in Western support due to the mounting death toll resulting from the latest incursion into Gaza.






















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Houthis Strike 3 Times A Ship Oil Tanker In Red Sea, Including With A Drone Boat

Houthis Strike 3 Times A Ship Oil Tanker In Red Sea, Including With A Drone Boat

Houthis Strike 3 Times A Ship Oil Tanker In Red Sea, Including With A Drone Boat




©AP Photo / Indian Navy






Houthis kicked off a guerilla campaign of drone and missile attacks against merchant shipping in the Red and Arabian Seas last November, with the campaign targeting suspected Israeli-owned vessels, US and British warships, and any ships thought to be heading to a port in Israel to fuel the ongoing war in Gaza.







The Liberian-flagged, Greek-managed Delta Atlantica oil tanker was attacked three times in a row on Tuesday, the US-UK Joint Maritime Information Center has reported. The first two attacks were said to have targeted the tanker off the Yemeni port city of Hodeida (the same port attacked by Israel Terrorist last month).


At least one of the Houthi attacks are said to have involved a bomb-carrying drone boat, taking place after a small “suspicious” ship “flashed lights” at the tanker, triggering an explosion nearby.


A second tanker, the Panama-flagged crude carrier On Phoenix, was also targeted, the JMIC said.


Both vessels and their crew are said to be “safe” and proceeding to their destinations, with the Delta Atlantica reportedly bound for Agioi Theodoroi, Greece from the Persian Gulf. The On Phoenix is said to be on route to Amsterdam from the Mina Saud Anchorage in Kuwait.


The reason for the Houthis’ apparent obsession in the Delta Atlantica is unclear, although the Yemeni militia has been known to take a special interest in oil tankers suspected to be heading for Israeli ports to fuel Tel Aviv’s economy and war machine.


The Delta Atlantica is managed by Marine Management Services, a Athens-based shipping company that got sued by the Iraqi government a decade ago over an alleged “illegal export scheme” involving the undisclosed shipping of Kurdish oil out of a Turkish port to buyers in Israel and Europe. The scheme reportedly involved ship-to-ship transfers designed to disguise the oil’s final destinations. Company officials in a UK government database list a correspondence address in London.


The Houthis have targeted over 70 vessels to date with missiles, unmanned aerial vehicles and drone boats, damaging at least 30 and sinking one British and one Greek-owned cargo vessel since last November, respectively.


The US and Britain kicked off a large-scale campaign of bombings in Yemen in January to try to “degrade” the militia’s capabilities, but have so far proven incapable of doing so, with the militia only ramping up its campaign into the Indian Ocean and Mediterranean Sea and launching direct attacks on Israel itself. The US Navy has expended well over a billion dollars in ammunition targeting the Houthis, with little to show for it as global shipping giants to stay away from the Red Sea, with the Israeli Red Sea port of Eilat filing for bankruptcy last month after nearly nine months of standing empty.


The Houthi blockade has closed off the estimated $1 trillion-a-year trade artery to Israeli and Western marine traffic, adding an average of one million dollars to each large ship’s fuel bill and forcing them to take the long way around western Africa, and increasing insurance costs, with throughput via the Red Sea dropping by up to 90 percent in some shipping categories.


The campaign has also reportedly affected the super yachts of the super rich, with owners complaining to media that private yachts had largely been forced to quit transits through the Red Sea amid insurance premiums and security requirements too pricey even for the the very well-to-do.






















Tuesday, 13 August 2024

Trump and Musk Interview Takeaways on X

Trump and Musk Interview Takeaways on X

Trump and Musk Interview Takeaways on X




This combination of pictures shows Elon Musk, left, and Donald Trump, right. Afp | Getty Images






Musk, a former Trump critic, said the Republican nominee’s toughness, as demonstrated by his reaction to last month’s shooting, was critical for national security.







“There’s some real tough characters out there,” Musk said. “And if they don’t think the American president is tough, they will do what they want to do.”


The rare public conversation between Trump and Musk, which spanned more than two hours Monday night and was overwhelmingly friendly, revealed little new about Trump’s plans for a second term. The former president spent much of the discussion focused on his recent assassination attempt, illegal immigration and his plans to cut government regulations.


Still, the online meeting underscored just how much the U.S. political landscape has changed less than four years after Trump was permanently banned by the social media platform’s former leadership for spreading disinformation that sparked the Jan. 6, 2021, attack on Congress and undermined the very foundation of the American democracy.


During Musk's conversation with Trump, Trump made a passing reference to a "rigged election."


With more than 878,000 users connected to the interview more than 40 minutes after the scheduled start time, the interview had not yet begun. Many users received a message reading, “Details not available.”


Trump’s team posted that the “interview on X is being overwhelmed with listeners logging in.” And once the interview began, Musk apologized for the late start and blamed a “massive attack” that overwhelmed the company’s system. Trump’s voice sounded muffled at times.





Monday’s interview highlighted the evolving personal relationship between Trump and Musk, two of the world’s most powerful men, who have shifted from being bitter rivals to unlikely allies over the span of one election season.


Musk, who described himself as a “moderate Democrat” until recently, suggested in 2022 that Trump was too old to be president again. Still, Musk formally endorsed Trump two days after his assassination attempt last month.


During their talk, Trump welcomed the idea of Musk joining his next administration to help cut government waste. Musk volunteered to join a prospective “government efficiency commission.”


“You’re the greatest cutter,” Trump told Musk. “I need an Elon Musk — I need somebody that has a lot of strength and courage and smarts. I want to close up the Department of Education, move education back to the states.”


Trump’s audience on X is legions larger than on Truth Social, which became a publicly traded company earlier this year. Trump has just over 7.5 million followers on Truth Social, while his mostly dormant X account is followed by 88 million. Musk’s account, which hosted the interview, has more than 193 million followers.


In a reminder that the world was watching, the chat prompted a preemptive note of caution from Europe.


Thierry Breton, a French business executive and commissioner for internal market of the European Union, warned Musk of possible “amplification of harmful content” by broadcasting his interview with Trump. In a letter posted on X, Breton urged Musk to “ensure X’s compliance” with EU law, including the Digital Services Act, adopted in 2022 to address a number of issues including disinformation.



WHAT TRUMP TOLD MUSK



  • Mr Trump praised Russian President Vladimir Putin, Chinese President Xi Jinping and North Korean leader Kim Jong Un - all authoritarian strongmen - as at the "top of their game";


  • He spoke of his good relationship with Kim Jong Un, claiming the North Korean leader told him he doesn't like "stupid man" Joe Biden;


  • If "something happens" with the election, Mr Trump told Mr Musk they'll meet next time in Venezuela as "it will be a far safer place to meet than our country";


  • He also said if he loses the election then "you're not going to have a country anymore";


  • Mr Trump said one of his first acts as president would be to close the Department of Education and return responsibility to individual states - adding "out of 50 [states] I bet 35 would do great";


  • "I didn't know I had that much blood," Mr Trump said of the attempt on his life, adding he is now "more of a believer in God";


  • Mr Trump commented rival Kamala Harris several times, referring to her as "incompetent" and "a radical left lunatic", before praising her looks - "she looks like the most beautiful actress ever to live" and compared her to his wife, Melania;


  • Mr Trump repeated debunked claims, including the theory "the Congo" had emptied its prisons of murderers and sent them to the US.


He went on to criticise Democrat rival Kamala Harris's immigration record, claiming she oversaw a huge rise in unauthorised crossings after being put "in charge" of the Mexico-US border.


Ms Harris co-ordinated with foreign countries to address poverty and security issues driving people into the US but was not directly responsible for border policy.






There was one moment in the conversation with Musk where Mr Trump said he saw Ms Harris on the cover of Time magazine. "She looks like the most beautiful actress ever to live," he said. "It was a drawing, and actually she looked very much like a great first lady, Melania. She didn't look like Kamala. But, of course, she's a beautiful woman."


Mr Trump complained extensively about undocumented immigrants making their way to the US.


"Elon, what's happened is unbelievable," he told 1.2 million X listeners during his chat.


"They're coming from the Congo, and 22 people came in from the Congo recently, and they're murderers."


The pair also discussed government efficiency, nuclear power and tax cuts in the two-hour broadcast.


The technical issues will bring back bad memories for Elon Musk from May 2023, when Florida Governor Ron DeSantis suffered a chaotic start to his bid for the Republican presidential nomination due to glitches on the platform.


The hour-long broadcast lost sound for extended stretches, and thousands of users were either unable to join or were dropped.






















Japan's wholesale inflation quickens to fastest in nearly a year

Japan's wholesale inflation quickens to fastest in nearly a year

Japan's wholesale inflation quickens to fastest in nearly a year










By Kentaro Sugiyama and Makiko Yamazaki



Japan's wholesale inflation accelerated in July, with the pace of year-on-year growth the fastest in 11 months, data showed on Tuesday, as a weak yen pushed up commodity import bills that were already high.







The corporate goods price index (CGPI), which measures the price companies charge each other for goods and services, rose 3% in July from a year earlier, Bank of Japan data showed, matching a median market forecast.


The index, at 123.1, hit a record high for the eighth straight month. It accelerated from June's 2.9% increase.


Inflation data will be scrutinised by the central bank, which raised interest rates on July 31 to levels unseen in 15 years and signalled its readiness to hike borrowing costs further.


The yen-based import price index climbed 10.8% in July from a year earlier, accelerating from a revised 10.6% rise in June, and reflecting the yen's weakness and rising raw materials prices.



Oil retreats as markets refocus on demand concerns



Oil prices edged lower on Tuesday, breaking a five-day streak of gains, as markets refocused on concerns about demand after OPEC on Monday cut its forecast for demand growth in 2024 due to softer expectations in China.


Global benchmark Brent crude futures fell 78 cents, or 0.95%, to $81.52 a barrel at 0330 GMT. U.S. West Texas Intermediate crude futures slipped to $79.33 a barrel, down 73 cents, or 0.91%.


Brent had gained more than 3% on Monday, while U.S. crude futures had risen more than 4%.


The Organization of the Petroleum Exporting Countries' (OPEC) global demand forecast reduction for 2024 highlighted the dilemma faced by the wider OPEC+ group in raising production from October.


The cut to OPEC's 2024 forecast was the first since it was made in July 2023, and comes after mounting signs that demand in China has lagged expectations due to slumping diesel consumption and as a crisis in the property sector hampers the world's second-largest economy.


"Demand concerns for crude oil remain on the table," said Yeap Jun Rong, market strategist at IG, adding that reservations lingered ahead of upcoming U.S. inflation data.


"Any reflection of higher economic risks could weigh on oil prices, at a time when OPEC+ has cut their 2024 demand forecast and are set to roll back on their production cuts starting October, which may point to a less tight oil market ahead," Yeap said.


But he added investors remained watchful of the latest geopolitical tensions.


The Middle East conflict has escalated, with the U.S. preparing for what could be significant attacks by Iran or its proxies in the region as soon as this week, White House national security spokesperson John Kirby said on Monday.


Any attack could tighten access to global crude supplies and boost prices. An assault could also lead the United States to place embargoes on Iranian crude exports, potentially affecting 1.5 million barrels per day of supply, analysts said.


Markets are also preparing for Wednesday's U.S. consumer price index report that will give a crucial read on inflation, with investors now worried that an overly depressed CPI number will fan fears of a downturn.


Money markets have even bets on a 25- or 50-basis-point cut in U.S. interest rates in September, expecting a total easing of 100 bps by the end 2024, CME's FedWatch Tool showed.


Rate cuts tend to raise economic activity, which increases the use of energy sources such as oil.






















Musk's interview with Trump marred by technical issues

Musk's interview with Trump marred by technical issues

Musk's interview with Trump marred by technical issues










Elon Musk's much-awaited interview with former President Donald Trump was marred by technical glitches on Monday, with people unable to join the audio conversation on X's Spaces platform.







Eighteen minutes into a conversation that was supposed to start at 8 p.m. EDT., Musk posted on X that the platform was experiencing a “massive” denial-of-service attack (DDOS), which is a federal criminal act that involves flooding a site with data to overwhelm it and knock it offline.


Outage tracker Downdetector reported a spike in reports of X being inaccessible to users starting before the interview but it could not be immediately verified whether this was due to a malicious attack. The rest of X appeared to be operating normally, and X users questioned whether there was a DDOS attack or if the Spaces event was just overwhelmed with people trying to listen in.


Musk had been promoting the event earlier in the day, calling it a conversation rather than an interview. He said X “tested the system with 8 million concurrent listeners earlier today.”






At 8:42 p.m., the interview finally began. By around 9:40 p.m., some 1.3 million people were listening in. Trump congratulated Musk “on breaking every record in the book tonight” with the number of people trying to get in to listen.


X has suffered a host of technical issues since Musk took over the company. He has fired, laid off or driven out most of its staff — including engineers tasked with keeping the site running.


Trump had previously mocked Florida Gov. Ron DeSantis when his primary campaign launched with a May 2023 interview on X that was marred by glitches.


“Wow! The DeSantis TWITTER launch is a DISASTER!” Trump wrote on May, 2023, on his Truth Social network. “His whole campaign will be a disaster. WATCH!”


The DeSantis event started with technical problems that Musk said were due to straining servers because so many people were trying to listen in. More than 20 minutes passed beyond the scheduled start time with users getting kicked off, hearing microphone feedback and hold music and dealing with other technical problems. The number of listeners listed topped out at around 420,000.





DeSantis dropped out of the race after a disappointing finish in Iowa’s kickoff caucuses.


Trump, who has been posting on his own social media site, Truth Social, returned to the X Monday morning, where he posted for the first time since he was banned in 2021. The posts promoted his interview with Musk and featured campaign ads



























At least 10 killed in Khan Younis attack as Gaza death toll nears 40,000

At least 10 killed in Khan Younis attack as Gaza death toll nears 40,000

At least 10 killed in Khan Younis attack as Gaza death toll nears 40,000










Ten Palestinians on Monday evening were killed in an Israeli Terrorist airstrike on a residential home east of the city of Khan Younis in the southern Gaza Strip.







A medical source told Anadolu that 10 Palestinians, including children and women, were killed in an Israeli Terrorist airstrike on a home of the Abu Hayya family in the town of Abasan, within the Khan Younis Governorate.


Palestinian Civil Defense said its rescue teams rushed to the scene, removed 10 people from under the rubble, and are searching for others.


Several fatalities were also reported over the day in Israeli Terrorist airstrikes and bombings across the Gaza Strip, but the numbers of victims have yet to be confirmed.


Flouting a UN Security Council resolution demanding an immediate cease-fire, Israel Terrorist has faced international condemnation amid its continued brutal offensive on Gaza since an attack last October by the Palestinian resistance group Hamas.


Israeli Terrorist attacks continue



Nearly 40,000 Palestinians have since been killed, mostly women and children, and over 92,000 others injured, according to local health authorities.


Over 10 months into the Israeli war, vast tracts of Gaza lie in ruins amid a crippling blockade of food, clean water, and medicine.


Israel Terrorist stands accused of genocide at the International Court of Justice, which ordered it to immediately halt its military operation in the southern city of Rafah, where more than 1 million Palestinians had sought refuge from the war before it was invaded on May 6.


Iran’s President Masoud Pezeshkian said the United States and some Western countries have encouraged Israel Terrorist to continue its crimes in Gaza through “indifference and support”, Iran’s Mehr news agency reports.


Hamas called on the US, Qatar and Egypt to submit a plan to implement the ceasefire proposal put forward by US President Joe Biden, instead of holding “more rounds of negotiations” and discussing new proposals for Gaza.


At least 39,897 people have been killed and 92,152 wounded in Israel’s war on Gaza. An estimated 1,139 people were killed in Israel Terrorist during the Hamas-led attacks on October 7 and more than 200 were taken captive.






















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