Sunday, August 10, 2025

Creating liberating content

Related News

The Indian stainless steel industry has sought anti-dumping duties on low-priced imports from select countries, citing an urgent need to protect domestic players in the face of global trade uncertainties.Jindal

Nobel laureate Abhijit Banerjee has said India should reassess whether importing cheap oil from Russia is “worth it” after the Trump administration imposed an additional 25 per cent tariff on

Over the last five years, India has expanded its international trade relationships by signing five major Free Trade Agreements (FTAs) whilst progressing with several new negotiations, as detailed in Minister

NEW DELHI: Six of the country’s 10 most valued companies saw a combined erosion of Rs 1,36,151.24 crore in market capitalisation last week, dragged down by weak sentiment in equity

The National Stock Exchange (NSE) reported a 15 per cent monthly increase in new investor registrations for June 2025, reaching 12.7 lakh from 11.0 lakh in May. However, this remained

Sebi revises norms on InvITs Sebi has modified the framework governing the transformation of private listed Infrastructure Investment Trusts (InvITs) to public InvITs, with updated sponsor holding requirements and harmonised

Trending News

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of

US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no

France, Germany, Italy, UK hail Arab-backed Gaza plan

Word Count: 723 | Estimated Reading Time: 4 minutes


NATO Nations Take Fight Against Trump To New Level; Back Arab Plan For Gaza Opposed By US, Israel

France, Germany, Italy and the UK said on Saturday they supported an Arab-backed plan for the reconstruction of Gaza.
The plan would cost $53 billion (€50.5 billion) and avoid displacing Palestinians from the territory.
“The plan shows a realistic path to the reconstruction of Gaza and promises — if implemented — swift and sustainable improvement of the catastrophic living conditions for the Palestinians living in Gaza,” the foreign ministers of the four countries said in a joint statement.
Arab leaders on Tuesday endorsed the post-war plan, which was put forward by Egypt, to rebuild the Palestinian enclave.
The Arab Summit in Cairo took place after US President Donald Trump floated a widely condemned proposal to turn the Gaza Strip into what he called the “Riviera of the Middle East” and displace its residents.
Arab plan welcomed by Europe, rejected by the US
Earlier this week, the Trump administration dismissed the $53 billion counter proposal after it was adopted.
The White House said it stood by Trump’s vision, with National Security Council spokesperson Brian Hughes commenting late Tuesday that “the current proposal does not address the reality that Gaza is currently uninhabitable.”
Meanwhile, the foreign ministers of the four European countries stressed the importance of recovery and reconstruction efforts built on a framework that “provides long-term peace and security for both Israelis and Palestinians alike.”
What’s in the Arab plan to rebuild Gaza?
The phased reconstruction plan consists of three major stages over five years.
An initial six-month recovery phase is aimed at removing debris, de-mining and building temporary housing.
In the first phase, the plan calls for the building of 200,000 housing units in Gaza over the next two years. A second stage will see 200,000 more housing units.
By 2030, the plan foresees hundreds of thousands of new homes housing up to 3 million people as well as an airport, industrial zones, hotels and parks.
Under its proposal, Gaza would be governed by a reformed Palestinian Authority.
“We explicitly support the central role for the Palestinian Authority and the implementation of its reform agenda,” according to the statement issued by the four European countries on Saturday.
France, Germany, Italy and the UK also supported the call for the removal of Hamas, which is recognized as a terrorist organization by several countries, including the United States and the European Union.
“Hamas must neither govern Gaza nor be a threat to Israel anymore,” the joint statement said.





Source link

Sign In

Welcome ! Log into Your Account