Latest News
-
Israel announces a ceasefire after 26 people are killed in Gaza.
Israeli military announced on Sunday that the ceasefire in Gaza was resumed following an attack in which two Israeli soldiers were killed. This attack prompted a wave airstrikes in which 26 people died, making it the most severe test of this month's U.S. mediated truce. An Israeli security source confirmed that aid to the enclave would resume on Monday after U.S.-led pressure. This was shortly after Israel had announced a suspension of supplies as a response to Hamas's alleged "blatant" breach of the ceasefire. According to local residents and medical authorities, the Israeli strike killed at least 26 Palestinians in Gaza, including one woman and one infant. Steve Witkoff, the envoy of U.S. president Donald Trump and his son-in law Jared Kushner are expected to visit Israel on Monday. Both an Israeli and U.S. official confirmed this. After militants fired an anti-tank rocket and launched a missile at its soldiers, Israel said that it had struck Hamas' targets in the enclave. These included field commanders and gunmen as well as a tunnel, weapons depots and a weapon storage facility. Residents said that at least one strike struck a former Nuseirat school which housed displaced people. The Hamas armed wing said that it was committed to the ceasefire accord, unaware of clashes at Rafah and had not been contacted with groups in Rafah since March. Benjamin Netanyahu, the Israeli prime minister, said that he ordered the military forcefully to respond to Hamas violations of the ceasefire. The path to peace is uncertain A senior Israeli official said that aid transfers to Gaza were halted after Hamas violated the ceasefire agreement in a blatant manner. After U.S. pressuring, another Israeli official confirmed that the aid would resume Monday. After airstrikes in Khan Younis, families fled their homes after fearing that the truce would collapse. The strikes resembled Israel's response in late 2024 to what it saw as serious violations of a ceasefire it had signed with Hamas and its Lebanese allies, Hezbollah, less than one week after the ceasefire was implemented, after several days of accusations from both sides of breaching truces, although that ceasefire is still largely intact. There are still formidable obstacles to a lasting peace in Gaza. In March, after two months of relative quiet, Israel launched a barrage airstrikes that triggered a ceasefire. DISPUTE OVER THE BODIES DECEASED HOSTAGES The ceasefire was officially declared on 10 October, ending two years of conflict. However, the Israeli government has been accusing Hamas of violating the ceasefire since days. Defense Minister Israel Katz announced that the "yellow lines" where Israeli forces have pulled back in accordance with the ceasefire agreement will be marked physically and that any attempt to violate the ceasefire, or cross the line, would be met by fire. Hamas outlined what it called a series violations by Israel, which it claims has resulted in the deaths of 46 people and prevented essential supplies from reaching enclave. Israel announced on Saturday that the Rafah crossing between Gaza, Egypt and Israel, which was expected to reopen this week, will remain closed. Its reopening depends on Hamas meeting its obligations under the ceasefire. Israel claims that Hamas has been too slow to deliver the bodies of dead hostages. Hamas released last week all 20 of its hostages and has since handed over 12 bodies. More Aid is Needed The group claims it does not want to keep the bodies of hostages who are still alive and that special equipment will be needed to retrieve corpses from under rubble. Rafah has been largely closed since May 2024. According to IPC's global hunger monitor, hundreds of thousands people in Gaza were declared to be suffering from famine by the IPC Global Hunger Monitor. In previous ceasefires, the crossing was a major conduit for humanitarian aid into the enclave. The United Nations claims that despite the fact that the flow of humanitarian aid through a second crossing has increased since the ceasefire was declared, it is still insufficient. The key questions of Hamas' disarmament, the future of Gaza, and the composition of an international "stabilization" force, as well as the steps towards the creation a Palestinian State, have not yet been resolved. Reporting by Nidal AlMughrabi; Writing by Andrew Mills; Maayan Loubell; and John Kruzel. Editing by Philippa Fetcher, David Holmes, and Deepa Babington.
-
Companies claim that Russia has attacked a second energy site in Ukraine, a coal mine.
The operators of these sites reported that Russian forces attacked on Sunday a coalmine in southeast Ukraine and a site unidentified in the north, near the Russian border. This is the latest in a string of attacks on Ukraine's power network. DTEK, a private Ukrainian energy company, said that Russian forces attacked a colliery located in the Dnipropetrovsk Region. The company reported that 192 miners had been safely brought up to the surface without any injuries. The company stated that this was the fourth Russian attack in two months against coal mining operations in Ukraine. Chernihivoblenergo said that an attack in the Chernihiv region, on the border with Ukraine, caused extensive damage. It also cut electricity to over 55,000 customers. It said that emergency crews will restore power to the area as soon as it is safe. In recent weeks, Russian attacks have targeted Ukraine's electricity grid and other energy sites. In the wake of an attack that affected more than a million customers earlier in the month, power cuts have been imposed in a number of areas. (Reporting and editing by Edmund Klamann; Ron Popeski)
-
Gold prices soar, but Indians prefer coins to jewellery for the festive season
Industry officials said that Indian buyers chose coins and bars instead of jewellery at the Dhanteras Festival on Saturday because they were hoping the gold price rally would continue. Dhanteras marks the beginning of Diwali, a five-day festival of lights. It is considered auspicious to buy gold. In fact, it is the second busiest day for gold purchases in the world. The volume of gold sold during Dhanteras was 10-15% less than last year. However, the total value increased sharply because prices were higher, according to Rajesh Rokde, chairman, All India Gem and Jewellery Domestic Council. Surendra Mehta is the secretary of the India Bullion and Jewellers Association. He said that gold jewellery demand was hit by record-high prices. Prices dropped nearly 30% compared to last year. However, coins and bars flew off the shelves. India's gold jewellery is more expensive than gold coins because buyers pay manufacturing fees of 10-20%. Gold prices in India closed at 127.008 rupees for 10 grams last Friday, after reaching a record high price of 132.294. This represents a rise of over 60% from Dhanteras last year. India's NSE Nifty50 share index rose about 5% over the period. Sachin Jain is the CEO of World Gold Council India operations. This week, Indian dealers quoted a premium. The price of gold can be up to 25 dollars per ounce more than the official domestic prices. This includes 6% import duties and 3% sales taxes. It is the highest it has been in over a decade. Saurabh Gadgil of PNG Jewellers said that the price rise for silver bars, coins and jewellery has been a major factor in driving demand this year. Dealers said investors believe silver will outperform gold. In recent months, the higher returns of precious metals has attracted strong inflows to physically backed exchange-traded gold and silver funds. Rokde, of GJC, said: "With Dhanteras continuing tomorrow afternoon and jewellery stores staying open until midnight, we expect the buying momentum to continue." (Reporting and editing by Jan Harvey; Rajendra Jadhav)
-
New Zealand's Finmin aims to strengthen regional ties as US-China trade war continues
Nicola Willis, New Zealand's Finance Minister, said that regional and bilateral trade relationships would continue to grow in the face of the U.S.-China Trade War. Small countries such as hers will have to adjust to a different reality and maintain their priorities. Willis stated in an interview with The New Zealand Herald on Thursday that New Zealand is acutely aware of geopolitical risks and economic challenges. However, her discussions this week at the World Bank and International Monetary Fund annual meetings showed the strength of international institutions as well as trade agreements among other countries. She said that New Zealand and the European Union have expressed an interest in establishing a partnership under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. This is a free-trade agreement between 11 countries, including Canada and Japan. She said that a separate trade agreement with the United Arab Emirates is also promising. She said: "All those trade relations are very strong. The message we receive from our partners is they want to continue building on them and expanding them rather than going the other direction." "We are cautious and worried about any backsliding in agreements. But we don't see signs that this is happening." IMF and global officials highlighted this week uncertainty and risks associated with a new escalation of the U.S. China trade war. However, they also pointed out that global trade has remained resilient, noting only three countries, the U.S. China, and Canada, had increased tariff rates in the past few months. 72% still adhere to the existing rules. Willis stated that New Zealand was also committed to meeting its emissions reductions commitments under Paris Climate Accord and didn't expect the withdrawal of the U.S. by President Donald Trump from the agreement to derail the country's efforts. Willis stated that "we need to adapt and prepare for the threat and risk of more extreme climate events, not only for ourselves but also for our Pacific Island family who are especially vulnerable to significant climatic event," Willis added. She said that consumers in the U.S. and around the globe would continue to have an interest in the emission profile of countries such as New Zealand. This creates a commercial imperative for climate action. Willis stated that existing trade agreements such as New Zealand’s deal with the EU required continued adherence of climate commitments. There are many bilateral agreements around the world in which countries have agreed to continue their climate action. "I'm seeing many nations continue to honor their commitments." Willis added that New Zealand remained a member of the Five Eyes Group, alongside Britain, Canada, U.S.A., and Australia. It was also increasing its defense expenditure along with other countries amid growing geo-strategic tensions and fragility. (Reporting and Editing by Marguerita Chy)
-
As local ceasefire zones are set, repairs begin on the Zaporizhzhia Power Plant lines
Officials said that after a four-week power outage at Ukraine's Zaporizhzhia Nuclear Power Plant, repair work had begun on the damaged power lines off-site. IAEA Director-General Rafael Grossi stated that the work started after local ceasefire zones had been established to allow the repairs to progress. The plant produces no electricity at the moment, but it needs to produce power in order to keep fuel cool and prevent a meltdown. "Restoring off-site electricity is critical for nuclear safety and secure. Grossi wrote on the social media platform X that both sides had engaged with the IAEA in a constructive manner to allow a complex plan of repair to move forward. The Ukrainian Energy Ministry and the Russian-appointed Management of the Plant both confirmed that the maintenance work. In the first few weeks of Moscow’s invasion of Ukraine in 2022, Russian troops seized Europe’s largest nuclear power plant with six reactors. Both Kyiv, and Moscow accuse one another of regular attacks that threaten nuclear safety. The power plant, located near Enerhodar on the Dnipro River, is in close proximity to the frontline. The plant has been disconnected from the grid many times during the three-and-a-half years of war. However, the most recent outage was the longest. Svitlana Svitlana Hrynchuk, Ukrainian Energy Minister said connecting the plant to Ukraine's grid and having Ukrainian experts ensure its stability were essential to prevent a nuclear accident. The Russian-appointed plant management said that the Russian Defence Ministry will play a crucial role in ensuring safety during the repair works. Reporting by Rajveer Pardesi, in Bengaluru; Filipp Lebedev, in London; and Olena Hartmash, in Kyiv. Editing by Jan Harvey.
-
Iberdrola Puts 49% East Anglia TWO Offshore Wind Stake Up for Sale
Spanish power utility Iberdrola is seeking to sell 49% of its offshore wind farm East Anglia Two in Britain, which has an estimated total value of 5 billion euros ($5.8 billion), newspaper Cinco Dias reported on Thursday, citing unidentified sources familiar with the plans.The company has hired Bank of America BAC.N and BBVA BBVA.MC as financial advisers for the potential sale, the report said.An Iberdrola spokesperson did not immediately respond to a Reuters request for comment.Iberdrola has been shifting its focus from green assets to power networks in regions with maximum legal certainty, such as the United States and Britain.The company continues to see the U.S. as a key market despite opposition from President Donald Trump's administration to offshore wind. But the bulk of its investments are in power networks - regulated at state level - in Democratic-controlled states like New York, Maine, Massachusetts or Connecticut.In September, Iberdrola announced a 30% increase in investment through 2028 to 58 billion euros - two thirds of which are destined to British and U.S. power networks.($1 = 0.8581 euros)(Reuters - Reporting by David Latona; Editing by Jane Merriman)
-
Moody's downgrades Botswana's credit rating to "Baa1" amid a slump in the diamond industry
Moody's, the global credit rating agency, downgraded Botswana's ratings to 'Baa1' (from 'A3') on Friday. The downgrade was attributed to the government's difficulties in adapting to the structural decline in the diamond sector and the increasing government debt. Moody's stated in a press release that "the economy remains heavily dependent on capital-intensive mining of diamonds; diversification efforts are lagging due to reform delays while climate shocks continue to persist." Botswana, long regarded as an African success story in economics, is now in a slump. This is due to the prolonged decline in the global market for diamonds, its main export. The demand has been hurt by the economic uncertainty in the world and the growing popularity of lab-grown gemstones. According to Moody's, the world's largest diamond producer by value has seen its current account deficit increase and reserves fall to an historic low. Botswana is expected to see its economy decline by 6% more in 2025, as the country remains vulnerable to global demand shocks, technological disruptions from lab-grown substitutes and changes in consumer preference. S&P, a peer agency, cut Botswana’s rating last month to 'BBB.' It expects that weak global diamond prices and demand will continue to keep the Southern African nation's fiscal and external flow positions weak. The agency stated that the global diamond slump is not likely to reverse and maintained the country's view as 'negative.' (Reporting and editing by AnushkaChourasia and SfundoParakozov)
-
Hand and foot remains found in Kenya suggest ancient human relatives
Researchers in northern Kenya have discovered fossils of the hand and foot bones of an extinct human relative that dates back to 1.52million years ago. This species was able to manipulate stone tools, and would have been fully bipedal. The fossils were the first to be unambiguously associated with the species Paranthropus boisei. Researchers found a partial skull that contained a large portion of the hand and three foot bones. They also discovered most of teeth, a forearm fragment, a partial tooth, and a fragment of a skull. The new discovery is a revelation, especially when you consider the fragmentary nature previous fossils. This species is a descendant of Homo Sapiens, who evolved much later. Paranthropus bossei had a robust build with massive teeth and strong jaws. The skull of Paranthropus boisei was designed for chewing tough plant food. It had a crest on top to anchor the large jaw muscles. Flaring cheekbones gave it a dish shape. It was difficult to know the species without hand and foot fossils. This included whether it could have made and used simple tools. The study, published in Nature this week, was led by paleoanthropologist Carrie Mongle, a researcher at Stony Brook University, New York. The fossils have been discovered on the eastern shore of Lake Turkana in a place called Koobi Fora. Before this discovery, researchers were only able to study the dental and cranial remains, but very little else was known about this species' skeleton, said Louise Leakey of the Koobi Fora Research Project, a paleoanthropologist who co-authored the study. Mongle stated that the hand bones showed it was able to form precision grips like modern humans. This suggests this species could have made and used stone tools. Leakey stated that the handshake would have been very firm. We can tell that this species' hand was built to be able to hold firmly and for a long time. It would have been similar to gorillas as it would have used the hands to break down tough plant food, such as tearing, crushing or stripping vegetation. This is consistent with their hard and fibrous dietary habits, seen in its robust dentition. Fossils also revealed the species' locomotion. It was well adapted to walk upright on two feet. Leakey explained that "we can tell from its few foot bones that it is fully bipedal and not flat-footed, like a monkey, and that it would have had a similar lateral arch to ours which would have propelled the animal forward as it walked." Hominins are species that have evolved from humans. Paranthropus boisei is one of the four hominins that shared East Africa's landscape between one and two millions years ago. There have been discoveries of stone and bone tools dating from this period, but it is unclear if Paranthropus could have made and used them. Genus is a term used to describe a grouping of closely related species. Our species belongs to Homo. Homo, Homo Rudolfensis, and Homo Erectus are extinct species that lived in East Africa at the same time as Paranthropus. Some of these species literally crossed paths. In a study published in 2013, Paranthropus erectus and Homo boisei left footprints that crossed each other at Koobi Fora, a once muddy lakeshore. This discovery raised interesting questions about the relationship and competition between the two species for resources. Mongle explained that "Conventional Wisdom" has it that, while Homo was specialized in bigger brains and stone tools that allowed them to adapt well to changing climates, Paranthropus became a grass-focused dietary specialist. Leakey stated that the Paranthropus eventually went extinct.
UK Just Stop Oil duo jailed for throwing soup at Van Gogh's 'Sunflowers'.
2 climate activists from Simply Stop Oil who tossed soup at Vincent van Gogh's Sunflowers. painting in London's National Gallery were imprisoned on Friday for. criminal damage.
Phoebe Plummer, 23, and Anna Holland, 22, tossed tins of. tomato soup on the art work in October 2022, before gluing. themselves to the wall listed below the painting.
The soup triggered approximately 10,000 pounds ($ 13,385) worth of. damage to the frame, prosecutors stated, though the painting--. which was behind a protective screen-- was unscathed and went. back on screen later the exact same day.
The set pleaded not guilty however were founded guilty after a trial. at London's Southwark Crown Court, where Plummer was sentenced. to two years in prison for the criminal damage charge. Holland. was sentenced to 20 months in prison.
Judge Christopher Hehir stated Plummer and Holland came. within the width of a pane of glass of irreparably destructive or. even ruining the painting, which he said was most likely. valuable in an actual sense.
Plummer stated she took part in the protests knowing she could. be arrested and jailed, stating I picked to in harmony interrupt a. business-as-usual system that is unfair, unethical and. murderous.
Plummer likewise said she was being made a political prisoner,. which Hehir called ludicrous, self-indulgent and offending.
It stinks to the lots of people in other parts of the. world who are suffering persecution, jail time and in some cases. death for their beliefs, he stated.
Plummer was likewise sentenced to an extra 3 months in. jail on Friday, having been independently convicted of the. fairly brand-new offence of interfering with the use of key. nationwide facilities.
Friday's sentencing comes in the middle of a wider crackdown on protest. movements in Britain and across Europe.
Activists from Simply Stop Oil have staged a variety of. distinctive protests recently, consisting of interrupting. sporting occasions, theatre performances and roadway traffic.
5 members of the group, consisting of co-founder Roger. Hallam, were jailed in July for a minimum of 4 years for a. conspiracy to block London's M25 motorway, marking the longest. sentences ever imposed for a non-violent demonstration in Britain.
(source: Reuters)