ECONOMY

Wed 15 Mar 2023 7:54 pm - Jerusalem Time

The Prime Minister of Japan announces the allocation of $ 260 billion to curb inflation

طوكيو - (أ ف ب) -أعلن رئيس الوزراء الياباني فوميو كيشيدا تخصيص حزمة إنفاق لتحفيز الاقتصاد بقيمة 260 مليار دولار الجمعة لمواجهة التضخم، بعدما أقرّت الحكومة موازنة إضافية لتمويل جزء من الإجراءات الرامية لتخفيف حدة الأزمة.


وقال كيشيدا للصحافيين إن الحكومة تأمل بأن الإنفاق خلال العام المالي البالغ 29 تريليون ين سيرتفع إلى 72 تريليونا عند أخذ استثمارات القطاع الخاص بعين الاعتبار.


ترتفع الأسعار في اليابان بأسرع وتيرة منذ ثماني سنوات، رغم أن معدل التضخم البالغ 3% ما زال أقل بكثير من المستويات المرتفعة للغاية التي تشهدها الولايات المتحدة وغيرها.


كما خسر الين أكثر من خُمس قيمته أمام الدولار هذه السنة، ما دفع السلطات للتدخل من أجل دعم العملة المحلية.
وضخّت اليابان التي تسجّل إحدى أعلى معدلات الديون بالنسبة لإجمالي ناتجها الداخلي، مئات مليارات الدولارات في اقتصادها على مدى العامين الماضيين لدعم التعافي من وباء كوفيد.

ECONOMY

Wed 15 Mar 2023 7:54 pm - Jerusalem Time

Inflation costs American families an additional $445 per month

WASHINGTON (Xinhua) -- Rising inflation cost average American households 445 US dollars more than last year, according to a recent analysis by Moody's Analytics.


And statistics made by Ryan Sweet, a senior economist at the company, showed that the number, after inflation, reached 8.2 percent in September.


The US Labor Department reported last week that the US consumer price index rose 0.4 percent in September, up 8.2 percent from a year ago, with core inflation rising to its highest level in four decades.


As part of its statistics, Moody's compared average US household spending in September with the average in 2018 and 2019, when the inflation level was in the 2.1 percent range.


Spreading inflation affected all sectors of the US economy, as grocery prices rose 13 percent in September.


Moreover, 24 percent of shoppers said they purchased less food items than usual in September, according to Morning Consult. And 72 percent of American adults indicated that they were very concerned about rapidly rising food prices.


Meanwhile, Jacob Channel, a major economics channel on the online platform LendingTree, reported, citing the New York Post, that many Americans are no longer able to afford daily necessities. , due to the huge increase in their prices.


"For many families, spending hundreds of extra dollars each month on the same basic needs that they used to buy will likely not be possible. As a result, some, if they don't already, will resort to downsizing and lowering their living standards," the channel stated.


According to the Beige Book released by the Federal Reserve on Wednesday, prices in the US are still increasing, although some declines have been observed in several regions.


A survey showed that a significant increase in input prices was recorded in various industries, despite the recorded decline in the prices of commodities, fuel and freight.


He pointed out that the increase in selling prices is mixed, with a large increase in some areas and moderation in others, adding that, looking forward, expectations of an increase in prices indicated moderation in general.


Since March, the US Federal Reserve has raised interest rates 5 times, including rate hikes of 75 basis points 3 consecutive times in June, July and September, to raise the benchmark interest rate to a range of 3-3.25 percent.


As it intensifies its fight against rising inflation, the Fed has signaled a more hawkish path, acknowledging that controlling inflation is likely to lead to increased unemployment and suffering for households and businesses.


Economists have warned that Americans should prepare for more pain as recession risks rise. According to the latest model forecast by Bloomberg Economics, a US recession is effectively certain within the next 12 months.

SPORT

Wed 15 Mar 2023 7:54 pm - Jerusalem Time

Sector League: Shabab Rafah and Al-Shujaia compete for the title in the Al-Shati and Al-Riyadi matches at Al-Qaa


غزة –يتجدد الصراع بين ناديي شباب رفح- حامل اللقب، واتحاد الشجاعية على صدارة الدوريّ العام الممتاز مع دخول الجولة الـ20، اليوم السبت، عندما يواجه رفح المتصدر برصيد 36 نقطة المتذيل خدمات الشاطئ في المركز الـ12 برصيد 13 نقطة على ملعب رفح البلديّ، وفوز رفح يقربه بقوة من لقبه، وخسارة الشاطئ تمثل مسمار الهبوط في نعشه، فيما يلاقي الشجاعية في المركز الثاني برصيد 35 نقطة، غزة الرياضيّ في المركز السابع برصيد 24 على ملعب اليرموك، ويسعى الأول للصدارة واللقب، والرياضيّ لتجاوز الهبوط.


ويلتقي شباب جباليا في القاع شباب خانيونس على ملعب بيت حانون، وخدمات رفح الهلال على ملعب رفح، ويلتقي الأحد اتحاد بيت حانون والصداقة على ملعب بيت حانون والأهلي واتحاد خانيونس على ملعب فلسطين. ويلتقي الاثنين في الدرجة الأوّلى، التفاح وخدمات النصيرات على اليرموك، والمجمع الإسلاميّ ونماء على ملعب فلسطين، وخدمات خانيونس شباب الزوايدة على ملعب خانيونس، ويتنافس النصيرات والزوايدة على لقب البطولة، ويدخل المجمع في صراع حجز بطاقتي الصعود إلى الدرجة الممتازة، ويلاقي أهليّ النصيرات وخدمات البريج على ملعب الشهيد محمد.

PALESTINE

Wed 15 Mar 2023 7:54 pm - Jerusalem Time

Mufti: Tomorrow is the beginning of Jumada al-Akhirah

Jerusalem - "Al-Quds" dot com - The Grand Mufti of Jerusalem and the Palestinian Territories, Chairman of the Supreme Ifta Council, Sheikh Muhammad Hussein, announced that today, Saturday, December 24, is the completion of the month of Jumada al-Awwal for the year 1444 AH, and that Sunday, December 25, is the first of the month of Jumada. Hereafter for the year 1444 AH.


Sheikh Hussein said: "We ask God Almighty to make it a month of goodness, Yemen and blessings for the Arab and Islamic nations."

ECONOMY

Wed 15 Mar 2023 7:54 pm - Jerusalem Time

The European Central Bank raises interest rates again to combat inflation

Frankfurt am Main (AFP) - The European Central Bank announced Thursday that it will raise interest rates to fight inflation, despite mounting concerns about a bleak economic outlook.


As expected, the bank again raised the three main interest rates by 75 basis points, to range between 1.5 and 2.25 percent.


The bank has raised rates three times since July, following the example of other central banks around the world. The central bank also tightened the conditions for low-interest bank loans.


The European Central warned the governments of the euro area against increasing the burden of its public debt at a time when the authorities seek to relieve pressure on households and commercial activities as a result of the huge rise in energy prices.


"Governments should pursue fiscal policies that show their commitment to gradually reducing high public debt," said European Central President Christine Lagarde at a press conference, adding that policy makers should choose "temporary" measures targeting the most vulnerable.


In addition, Lagarde indicated that the prospects for economic growth in the short term in the euro area tend to decline, while inflation tends to rise, against the backdrop of the war in Ukraine, which affects economic activity.


Lagarde said that a "prolonged war in Ukraine remains a major threat" to growth in the euro zone, pointing out that "the possibility of inflation is taking shape more on the horizon."

ECONOMY

Wed 15 Mar 2023 7:54 pm - Jerusalem Time

America: Demand for holiday shopping amid inflation

CHICAGO - (Xinhua) -- The average person in Chicago, the third-largest city in the United States, is expected to spend 1,700 U.S. dollars during the holiday shopping season this year, up 22 percent from last year despite inflation, according to a survey of retailing during the year. Holidays.


A survey released by Deloitte Chicago earlier this month showed that shoppers plan to buy fewer gifts.


And Deloitte's 2022 holiday retail survey revealed that 37 percent of American households said their financial situation is worse than it was last year.


In the midst of inflation, consumers are looking forward to retailers offering deals and plans to spend 50 percent of their holiday shopping budgets during Black Friday.


Meanwhile, data from business management consulting firm Accenture shows that Chicagoans are expected to spend $719 on travel, food and shopping during the November-December holiday season this year, an estimated increase of 19.3 percent from 2021. , during which the per capita expenditure was estimated at 580 US dollars.


Nationally, retail sales during the November-December holidays of 2022 are expected to increase 6-8 percent from the $889.3 billion in 2021 sales, hitting a new record of between $942.6 billion and $960.4 billion. US, according to data from the National Retail Federation.


The data also showed that Americans plan to spend nearly 832 U.S. dollars per person on gifts, food and decorations in 2022, in line with the 10-year average spending of 826 dollars and below the 2021 average spending of 879 dollars.

ARAB AND WORLD

Wed 15 Mar 2023 7:54 pm - Jerusalem Time

Sunak promises to tackle inflation, the health system crisis and illegal immigration

LONDON (AFP) - British Prime Minister Rishi Sunak pledged Wednesday to cut inflation in half this year, tackle a health system crisis and tackle illegal immigration, laying out his priorities as the United Kingdom undergoes serious social crises.


In his first speech of the year, the conservative prime minister, who came to power at the end of October, mentioned "five promises" and "five pillars on which to build a better future for our children and grandchildren," but he did not offer any new measures regarding these files.


Two years at the latest, before the next legislative elections, the workers' opposition dominates in opinion polls, in a country that has witnessed a series of historic strikes, especially in the health and railway sectors. The crisis of the health system, which is on the verge of collapse, worries the British.


"We will cut inflation in half this year" to ease the cost of living, "and grow the economy by creating better wage jobs and opportunities across the country," Sunak said.


The prime minister also promised to reduce debt, which has increased since mid-2021 under the influence of inflation, which is close to 11%.
His pledge to halve inflation is in line with current central bank expectations.


Sunak also promised to reduce long queues in the NHS public health system, which can no longer cope after more than a decade of austerity and the pandemic.


As previously announced, he pledged to adopt "new laws to stop small boats" and implement swift expulsions for those arriving in the country illegally.


More than 45,000 migrants crossed the canal in small boats in 2022, a record number in a year in which four people died in a drowning accident. In 2021, 27 migrants died when their rubber boat sank.


"These are the priorities of the people" and "the priorities of the government," Sunak said, promising to "rebuild confidence in politics or no confidence" in case of failure. "I ask you to judge us by the efforts we make and the results we achieve," he added.

ECONOMY

Wed 15 Mar 2023 7:54 pm - Jerusalem Time

American stores are trying to sell Christmas decorations stockpiled from last year, despite inflation

Washington - (AFP) - Christmas decorations occupied store shelves in the United States after spending a full year in warehouses, as their launch in the market in 2021 was delayed due to difficulties in supply operations, and retailers, who are in a hurry to get rid of them, hope to be able to sell them. This year, despite inflation , which reduces the purchasing power of Americans.


"It was very difficult last year to get enough (Christmas) trees and decorations to meet our customers' requests and send them to them," said Chris Butler, CEO of the National Tree website, which specializes in selling artificial Christmas decorations and trees.


"As for this year, the matter is somewhat different, as we have large quantities of them in the stores," he continued in an interview with Agence France-Presse, noting that the stores of retailers or manufacturers of decorations are filled with a very large number of Christmas trees and colored ribbons, because these Goods arrived too late last year.”


As for games, the situation is similar to that of holiday decorations. "We have gone from not having enough products to a situation where we have too many of them," says James Zane, editor-in-chief of the specialized "The Toy Book" website.


A year ago, shipping dates were extended further because there were not enough containers to transport products made in Asia across oceans.


Once near the American coast, ships would wait outside ports due to a shortage of labor to unload their cargo and a shortage of drivers to deliver goods to retailers.


This resulted in Christmas trees arriving in stores during January or February.
The Coles supermarket chain preferred to keep the late-arrived decorations rather than sell them at discounted prices at the beginning of spring.


At a conference organized by the "Goldman Sachs" financial group in September, its director, Gil Tim, said that "Santa Claus, snowmen and Christmas trees are not witnessing major changes."


And since the quantities stored represent amounts of money, it is certain that the merchants will keep the holiday decorations for an additional year.


However, inflation has been recorded since Christmas 2021.


In a September statement, Costco's chief financial officer noted that the prices of trees purchased last year remain "slightly lower" than those arriving this year, even when accounting for storage costs and benefits.


American consumers are facing a rise in prices at the fastest rate in forty years, as inflation reached 8.2% on an annual basis, and the solution does not bear any positive results because it requires slowing down economic activity, which carries the risk of causing an economic recession.


With the situation they're in, "consumers may not be spending as much" on holiday decorations, says Chris Butler.


Lynn Franco of the Conference Board Institute for Economic Research notes that inflation will continue to "severely (...) affect sales, which could make the holiday season difficult for retailers."


And with stocked decorations, "limited demand could lead to sharp price cuts that would squeeze their profit margins."


Retailers and logistics service providers usually prepare at this time of the year to launch the holiday season.


However, due to the "weakness recorded in consumer demand" and "stocked goods" in stores, "the volumes of shipped goods decreased and the cost of shipping decreased," according to Oren Klashkin, an economist at Oxford Economics.

And with inflation, the prices of games increased by “about 15%” compared to those recorded during the 2021 season, according to James Zane. He says, "Families who are already facing difficulties as a result of the high prices of food and fuel will be affected by the high prices of games."


Consequently, toy manufacturers, including Hasbro (one of its most prominent products are Monopoly, Nerf guns and dolls that embody the characters of the Transformers films), must adapt to the low purchasing power of parents.


"We noticed that the middle-class consumer became more and more price sensitive during the year," says Hasbro CEO Chris Cox, noting that the importance of promotions "has grown even more."


Mattel, which manufactures Barbie dolls and Fisher-Price toys, confirms that it will provide more discounts as the holiday season approaches.

ECONOMY

Wed 15 Mar 2023 7:54 pm - Jerusalem Time

France is experiencing a slowdown in economic growth with a high level of inflation

Paris (AFP) - French growth slowed sharply in the third quarter, as gross domestic product advanced just 0.2 percent after a 0.5 percent jump in the spring, according to data released by National Institute of Statistics and Economic Studies (INSEE) Fri.


This comes as inflation, which rose sharply to 6.2 percent year-on-year after slowing in August and September, began to affect the purchasing power of the French.


In line with the forecasts of the National Institute of Statistics and slightly less than that of the Bank of France (+0.25 percent), growth benefited from a slight increase in the production of services (+0.5 percent), although in this area it slowed down from the increase achieved in the spring. (1 percent).


The last three months of the year will be more difficult, with zero growth projected in the fourth quarter by the National Institute of Statistics and Economic Studies, which projects a rate of 2.6 percent for the full year 2022 (0.1 point lower than the government estimate).


With prices rising at an unprecedented rate since the mid-1980s, "(households) feel acutely the decline in their purchasing power," said Maxime Darmy, an economist on French affairs at Allianz Trade.


Data for the third quarter is not yet available, but the National Institute of Statistics and Economic Studies has already recorded a decline in purchasing power in the first half.


Thus, the indicator summarizing the loss of per capita purchasing power (“total disposable income per unit of consumption”) declined by 1.8 percent in the first quarter and by 1.2 percent in the second quarter.


The foregoing pushes families into the economy, as the National Institute of Statistics expects an improvement in the savings rate by the end of the year (17 percent, compared to 15.5 percent in the first half).


Household consumption spending on hotel and restaurant services has already begun to contract this summer, falling from 12.7 percent in the second quarter to just 0.6 percent in the July-September period.

ARAB AND WORLD

Wed 15 Mar 2023 7:54 pm - Jerusalem Time

Authorities appointed by the Kremlin confirm the return of electricity to Kherson, Ukraine

Moscow - (AFP) - The Kremlin-appointed authorities of the Kherson region in southern Ukraine announced Thursday that electricity was fully restored to its largest city, after blaming Kiev for attacks that disrupted power and water supplies.


Kherson was the first urban center captured by Russian forces after Moscow announced the start of a "special military operation" in Ukraine in February and suffered power outages after Sunday's strikes, for which Moscow and Kiev blame each other.


"The electricity is available, despite the vandalism and attacks," the Kremlin-appointed deputy head of the Kherson region, Yarel Strimosov, said on social media Tuesday.


Ukrainian forces have been advancing towards the city for months, and Kiev's control over it would be a major defeat for Moscow.


Sunday's news of the power outage followed reports from Russian officials that the Khakova dam in Kherson had been damaged in a Ukrainian strike.


The dam supplies water to Crimea, which was annexed by Moscow in 2014 and used to launch the military campaign in Ukraine.


Separately, the Russian security services (FSB) announced the arrest of nine members of an "intelligence and sabotage group" of the Ukrainian forces.


The FSB accused the group of planning attacks against high-ranking Russian-appointed officials operating in Kherson.


It reported the confiscation of explosives, bombs and ammunition during the arrests, announcing the opening of an investigation related to "international terrorism".


As Ukraine presses forward with its counteroffensive in the south, Moscow's forces have declared that they will turn Kherson into a "fortress".


For weeks, it organized withdrawals of civilians from the Kherson region in light of the advance of Ukrainian soldiers, which Kiev described as "deportations".

ECONOMY

Wed 15 Mar 2023 7:54 pm - Jerusalem Time

Inflation slowed in October in the United States

Washington - (AFP) - Inflation slowed in the United States , with its decline in October to its lowest level since January 2022, proving that the measures taken by the Central Bank are beginning to bear fruit, although the rate is still at a level very high.


Consumer prices increased by 7.7% in October compared to October 2021, according to the reference consumer price index published by the Ministry of Labor on Thursday.


This increase is less than that recorded in September on an annual basis, when it amounted to 8.2% at the time. It is also lower than the 7.9% expected by analysts, according to Market Watch.


Compared to the previous month, prices increased by only 0.4 percent. This is the same increase recorded between August and September, which is a good surprise, since analysts were expecting a new acceleration of inflation by 0.6%.

Rising prices was one of the main themes of the campaign for Tuesday's midterm elections.


This slowdown may be an indication that the measures taken by the US Federal Reserve to curb inflation are beginning to bear fruit. The central bank seeks to fabricate a voluntary slowdown in US economic activity, by raising interest rates, which would discourage household consumption and relieve pressure on prices.


As a result, the New York Stock Exchange opened Thursday's sessions higher. The Dow Jones rose by 2.40% and the Nasdaq jumped by 4.84%.


And due to the results of the Senate elections that were not settled on Wednesday, the Dow Jones recorded a decline of 1.95% to 32513.94 points, while the Nasdaq lost 2.48%, down to 10353.17 points, as well as the S&P 500 (S&P 500) by 2. 08% at 3748.57 points.

PALESTINE

Wed 15 Mar 2023 7:54 pm - Jerusalem Time

The Palestinian International Cooperation Agency concludes the first phase of its medical program in Lebanon

Beirut - "Jerusalem" dot com - The Palestinian Agency for International Cooperation concluded its first medical program in the field of corneal transplantation at Martyr Mahmoud Al Hamshari Hospital in Sidon, Lebanon, in cooperation with the Embassy of the State of Palestine, the Palestinian Ministry of Health and the American Eversight Eye Bank.


The Ambassador of the State of Palestine to the Lebanese Republic, Ashraf Dabbour, said that the mission of the Palestinian Agency for International Cooperation was successful on the Palestinian and Lebanese levels, and contributed to developing and strengthening communication links between the Palestinian people in their various places of residence, in implementation of the directives of President Mahmoud Abbas to provide all possible support to the Lebanese camps in various fields. Including those related to the medical field.


In his turn, the Assistant Minister of Foreign Affairs for International Cooperation, Director General of PICA, Ambassador Imad Al-Zuhairi, affirmed that this first qualitative program comes to strengthen the ties of cooperation with our people from the Palestinian community in the Lebanese camps and to meet their medical needs within the available capabilities provided by the Palestinian Agency in cooperation with its partners and in a way that contributes to Alleviating the suffering of the Palestinian refugee in a way that achieves integration between the various components of the Palestinian people in Palestine, the countries of expatriation and the refugee camps.


He emphasized the directives of President Mahmoud Abbas and Minister of Foreign Affairs and Expatriates Riyad Al-Maliki to break barriers and geographical borders to implement a number of other programs during the next year in various medical fields to serve the Palestinians. They performed cornea transplants for patients at Martyr Mahmoud Al-Hamshari Hospital, which were successful.


Source: Wafa, the official news agency.

Wed 15 Mar 2023 7:54 pm - Jerusalem Time

Major disruption affecting Microsoft services around the world and the gradual return to normal activity

Paris - (AFP) - Several services of the Microsoft group, including the collaborative work tool "Teams" and the "Outlook" messaging service, were widely disrupted Wednesday morning around the world due to a problem with network settings, the American group announced on Monday. Twitter.


About three hours after the first signs were issued, Microsoft said on Twitter that it had "canceled" the last configuration update that caused the problem, according to the company.


"We are monitoring the return of all services to normal and some customers are reporting a decrease" in the disruptions, the group wrote just before 11:00 GMT (12:00 in Paris).


Many users around the world complained via Twitter about the inability to use the usual tools of the Microsoft group.


"I have an obligation to deliver it in half an hour via Thames and the servers are not working in India. Please fix the situation," one user wrote.


And through the specialized “Down Detector” website, incidents were reported in the United States and Europe that affected many other services belonging to the American giant, including the “Xbox Live” video game platform and the “LinkedIn” social network for professionals. However, the number of communications is declining.


On a dedicated information page, the computer giant acknowledged that some users were unable to access dozens of services including Teams, Exchange, Outlook, SharePoint or OneDrive for Business.


It seems that the problem is generally related to the connectivity issue.


The giant group in the field of informatics announced in the middle of this month its intention to dismiss about ten thousand employees by the end of March (about 5% of the total employees), attributing this step to the difficult economic situation and the change in the priorities of customers.


The group’s growth declined and its profits decreased during the last quarter of 2022, according to results it published on Tuesday, which indicates that the general economic framework affects even the giant groups in the sector.

OPINIONS

Wed 15 Mar 2023 7:54 pm - Jerusalem Time

A fig leaf remained between the PA and Israel

Written by: Nabil Amr


Whoever follows what the Israeli leaders say about the Authority and what they demand from it, and what they incite others against, comes out with one conclusion, which is that Israel wants the Authority to be just a security agent, in exchange for a monthly salary that increases and decreases according to what Israel decides. performance quality.
The meaning of the proxy is for it to be an active and effective force in the Israeli security system, especially in the dangerous areas, the most famous of which is now the northern front, Nablus and Jenin.
The monthly salary is to give her the money she is owed, with varying deductions, which always amount to a percentage of the authority’s income, and the center of it is “clearance.”

The security relations, which were termed coordination, were in the past, i.e. the time of the negotiating political horizon, one of the main pillars in the system of Palestinian-Israeli relations, whose foundations were laid and their paths defined by the Oslo agreements and understandings. Although these relations were not acceptable to a wide segment of the Palestinian people, they were understood and even justified, and it was possible to defend them with one sentence, "They are necessary as long as they are part of mutual arrangements that will lead to a Palestinian state."
Many years have passed since Oslo, and in our days there is nothing left of it except the security relationship that is called coordination, which, if it was not as effective as it was at the time of the political horizon and negotiations, is still, albeit as a term, a fig leaf. Which covers the nakedness of the supposedly political relationship between the PA and Israel
The Israeli government, through its words and actions, wants to rip this fig leaf to show power to its people and to the world that it has no chance of life or continuing in its minimum limits unless Israel grants it a certificate of security competence, i.e. that it is able to An absolute calm was imposed on the entire West Bank, in order for the saying that was popular at the beginning of the Oslo Accords to be realized, “Security means that if a needle falls in Ramallah, its ringing will be heard in Tel Aviv.”
The Israeli government practices a contradictory duality in this direction, as it wants the authority to be strong in the field of imposing calm and security, and it wants and even works to be weak in other areas, i. On the political level, the Israeli government is not satisfied with that, but rather works to mobilize the world to support it in this dual policy and to introduce Arab and non-Arab mediators to tame the authority and make it an effective security agent even without the fig leaf.
The PA, in its current reality, is pressed between the two sides of a very heavy and cruel world, the part of its financial needs that the Israelis control the main part of, and the other part is the absence of the political dimension in its relations with Israel, which it wants as a springboard, not a land that is cut off, nor a left back.
Israel realizes more than others that the PA cannot perform what it wants from it for two reasons. The first is its weakness in the field of control, and this is what Israel talks about a lot.
= And secondly, the loss of justification and purpose, for all that is required of it now is to work in exchange for mere survival, as there is no state on the horizon, not even a fig leaf, covering the nakedness of the fading political relationship.
Israel is either not paying attention to the counterproductive results that its dual and contradictory policies lead to, or it knows what it is doing and knows the goal it is seeking, and this should not be ruled out. It does not want to see a serious Palestinian Authority that leads to solid stability until Within the limits of the agreed autonomy, what you do will only achieve one thing: that the Palestinians remain in a state of permanent turmoil, constant need, and a permanent distance from the dream of national independence.
However, what Israel knows and ignores is that such a situation, and to the extent that it tires the Palestinians, it also tires them, by virtue of a principle that has guided all mankind throughout all ages, according to which the occupation is like a double-edged knife, one on the neck of the victim and the other on the neck The executioner, and this is not purely Palestinian talk, but it is the words and certainty of people of reason and some wisdom in Israel.

ARAB AND WORLD

Wed 15 Mar 2023 7:54 pm - Jerusalem Time

Three civilians were massacred and 26 kidnapped in a jihadist attack in northern Syria

On Saturday, three civilians were killed while they were collecting truffles in northern Syria , as a result of an attack launched by gunmen affiliated with the Islamic State cells, during which at least 26 others were kidnapped, according to the Syrian Observatory for Human Rights.


The Observatory reported that, "Gunmen likely affiliated with cells of the Islamic State targeted workers collecting truffles in the Khanaser desert in the southeastern countryside of Aleppo."


He explained that the attackers "killed three workers with knives, and kidnapped at least 26 others, including women, to an unknown destination."


The official media did not mention the attack.


Since the start of the truffle collection season in February, the organization has repeatedly launched attacks targeting workers in the vast Syrian desert, punctuated by shootings and kidnappings.


According to the Observatory, at least 139 people, the overwhelming majority of them civilians, have been killed since the beginning of February as a result of surprise attacks launched by the organization or the explosion of mines it planted during its control of large areas in Syria.


Despite the dangers, residents of the areas bordering the Syrian Badia continue to collect truffles, whose season lasts until April and are sold at a high price, which explains the demand for collecting them in light of difficult economic conditions with the war going on for 12 years.


The price per kilogram ranges between five and $25 dollars, depending on the quality and size of the fruits.

ECONOMY

Wed 15 Mar 2023 7:54 pm - Jerusalem Time

Lagarde: Inflation in the eurozone has not peaked yet

Frankfurt - (AFP) - European Central Bank President Christine Lagarde said Monday that she would be "surprised" if inflation had actually peaked in the euro zone , indicating that the current monetary difficulties will continue.


The rise in prices peaked in October at 10.6 percent, and it was very high by about 5 percent if we exclude energy and food prices.


“I would like to see that inflation peaked in October but I think there is a lot of uncertainty,” said the European Central Bank President during a hearing before the European Parliament.


And she stressed that the state of uncertainty is related in particular to "the repercussions of the high cost of energy on retail prices."


In the face of soaring inflation in the wake of the war in Ukraine, the European Central Bank has raised interest rates by 2% since July, which it has never done in its history in such a sudden way.


Rates are due to be raised again in December at the last meeting of the year, but likely on a smaller scale than the 0.75% increases in September and October, observers say.


Lagarde believes that inflation will decline in the long term thanks to the adopted monetary policy and the gradual decline in supply bottlenecks.


She said that now "the best economists (within the ECB)" see a risk of "rising" inflation. In this context, she added, interest rates "are and will remain the main tool for combating inflation."


In the US the Federal Reserve started raising interest rates earlier and more aggressively and now believes that a slower pace of rate hikes may "soon be an appropriate move".

PALESTINE

Wed 15 Mar 2023 7:54 pm - Jerusalem Time

Dozens of injuries as a result of the occupation's suppression of the weekly marches in the West Bank

Governorates - "Al-Quds" dot com - Dozens of citizens were injured today, Friday, as a result of the Israeli occupation forces' suppression of the weekly marches in the West Bank .


The occupation forces fired rubber bullets and tear gas canisters at the citizens participating in the demonstrations, condemning the settlement and the continuous Judaization of their land.


Clashes erupted in the town of Beita, south of Nablus, Beit Dajan in the east, the Zawiya area in Hebron, and the town of Kafr Qaddum in Qalqilya.


In Qalqilya, two citizens were injured by rubber-coated metal bullets and dozens suffocated, during the Israeli occupation army's suppression of the weekly Kafr Qaddum anti-settlement march.


In Jerusalem, the Israeli occupation forces assaulted, today, Friday, the citizens who were in the support tent in Al-Bustan neighborhood in the town of Silwan, south of Al-Aqsa Mosque.


Occupation police forces stormed the sit-in tent in the Al-Bustan neighborhood in the town of Silwan, assaulted the worshipers, and forcibly removed them from the place.


Dozens of citizens had performed Friday prayers in the al-Isnad tent in al-Bustan neighborhood, rejecting the occupation's decisions to try to displace its residents, in favor of settlement associations, and to demolish citizens' homes there.


In Bethlehem, clashes broke out with the Israeli occupation forces in the town of Tuqu', during which the occupation forces fired bullets, tear gas and sound bombs at the citizens, without any injuries reported.


In Hebron, a group of settlers assaulted shepherds in the village of Zanouta, east of Al-Dhahiriya, and forced them to leave the area.


It is noteworthy that the Zanouta area suffers from continuous attacks by the Israeli occupation and settlers, with the aim of displacing citizens in order to expand the settlements.


In Jericho, settlers attacked citizens' vehicles with stones on the Al-Maarajat road linking the governorates of Jericho and Ramallah.


Local sources reported that a group of settlers is still present on the Al-Maarajat road, and is attacking citizens' vehicles with stones on the Al-Maarajat road.

PALESTINE

Wed 15 Mar 2023 7:54 pm - Jerusalem Time

Teachers' Movement: The strike continues and the crisis has become more complicated

The "Unified Teachers' Movement " confirmed this evening, Saturday, the continuation of the strike and protest activities, stressing that the crisis related to teachers has not ended, but rather has become more complicated, and that matters are heading towards an escalation.


Al-Hirak said in a press statement, "The crisis never ended. Rather, it became more complicated, resulting in an escalation that we do not know the end of until now, as the crisis will not end unless our just demands are met immediately, which we raised through school principals in the administrative hierarchy, all the way to the Minister of Education."


And the movement continued, "We must call upon parents not to send their children to schools, and students not to go to schools, and principals not to announce this until the movement announces what indicates a satisfactory solution and agreement for all parties."


The Unified Teachers Movement confirmed that the day after tomorrow, Monday, there will be a central sit-in in front of the Council of Ministers in Ramallah. To emphasize the rejection of penalties in all its forms, especially the method of deduction from their salaries, while the “movement” stressed the continuation of the open strike (with going to schools) and leaving after proof of attendance, and the “teachers’ movement” refused to monitor the recruitment exam in all governorates, and to boycott the high school exam and all its procedures.


Al-Hirak affirmed that re-discounting or canceling penalties is not considered a demand, and that it is an axiom presented by the government before the demands are implemented.


For his part, teacher Faisal Jadallah from the Nablus Education Directorate, and one of the observers of the agreement concluded with teachers last year, said in an interview with "Al-Quds" .com, "The one who brought us into the current crisis is the government and the General Union of Teachers, by not implementing the provisions of last year's agreement, About 9 months after the conclusion of the agreement, which took place with the guarantees of institutions and general secretaries of the factions.


Jadallah continued, "The current crisis was expected, in light of the non-implementation of the agreement, which deepened the crisis of confidence, especially since teachers suffered from long promises that reached about twenty years, before the current crises, in conjunction with the increase in the teacher's suffering."


Regarding the Prime Minister Dr. Muhammad Shtayyeh's conference, last Thursday, in which he affirmed the government's commitment to the agreements signed with unions, including the Teachers' Union, Jadallah said: "The Prime Minister's speech is positive, but it comes in the context of previous promises, and he needs clarifications and implementation."


Jadallah stressed that what some fear about the student's right to education is guaranteed and guaranteed, and teachers are ready to compensate when the crisis ends, while Jadallah stressed that returning discounts to teachers is an important matter in order to enhance confidence between teachers and the government.


Jadallah said: "The deductions that were implemented on last month's salary, and after its disbursement last Thursday, it became clear that there were deductions that amounted to more than a thousand shekels for some teachers, came in the context of the aggravation of the crisis."


Jadallah added, "Teachers want to implement the agreement, which was concluded last year, and it is the minimum of teachers' demands and aspirations, and the government is supposed to abide by it, since everyone signed it." .


For about a month, teachers carried out sit-ins in front of the headquarters of the education directorates in the West Bank in response to the "teachers' movement", amid the teachers' insistence on demanding their rights until the implementation of an agreement concluded, in May 2022, between the Palestinian government, the General Union of Palestinian Teachers and the "mobility". Teachers”, sponsored by many institutions and personalities, and the strike stopped after that.


The agreement included 5 items, namely: returning discounts to teachers, professionalizing education, issuing a teacher protection law, working to “democratize the union”, and depositing a 15% bonus for the nature of work on the salary slip, starting from the first month of the new year 2023.

ECONOMY

Wed 15 Mar 2023 7:54 pm - Jerusalem Time

French trade unions call for a strike in the transport sector in Paris to protest high inflation

Paris (AFP) - Trade unions have called for a large-scale strike on Thursday that could paralyze Paris' public transport sector , in the latest move to demand that the French government ease the burden of soaring fares.


RATB, the company operating the transport sector in the French capital, warned of major disruptions to metro and subway services, as well as bus and tramway services, as a result of the demonstration that will be organized to demand higher wages.


The operating company indicated that seven of the metro lines will be completely closed, while work on the remaining seven lines will be limited to peak hours.


It said that Lines 1 and 14, which operate automatically without drivers, will operate as usual, but warned that they may witness overcrowding beyond their capacity.


In recent weeks, unions have carried out strikes in several sectors to demand higher wages or more employment, after rising energy prices led to widespread inflation.


Union leaders hope to increase pressure on French President Emmanuel Macron, who is preparing to revive his plan to amend the pension system, according to which the retirement age will be raised from the current 62 to 64 or 65 years.


The plan sparked protests two years ago, until the government abandoned it during the COVID-19 outbreak.


But the call to strike in the Parisian transport sector did not extend to other sectors, as only the General Confederation of Labor called for a general strike.


Celine Versiletti, an official in this union, expected that between 150 and 200 demonstrations would be organized, in a repeat of what happened on October 18.


The announcement of the strike comes at a time when transportation users in the French capital are mounting discontent with the public transport sector, as services are still reduced since the Covid-19 pandemic, despite the return of traffic to the level it was before the pandemic.

ECONOMY

Wed 15 Mar 2023 7:53 pm - Jerusalem Time

Quds Bank launches the "Najah" initiative to empower Palestinian women

Ramallah - "Quds" dot com - Quds Bank launched the "Najah" initiative with the aim of financially supporting Palestinian women entrepreneurs to develop their projects and empower them economically, in partnership with the Ministry of Women's Affairs, and in conjunction with the National Palestinian Women's Day, which falls on the 26th of October. every year.


This came during a ceremony that was held recently in the city of Ramallah and through visual communication technology from Gaza, in the presence of the Minister of Women's Affairs, Dr. Amal Hamad, CEO of Quds Bank, Salah Hadmi, Chairperson of the Board of Trustees of the Arab Child Home, Mahera Dajani, and a number of women beneficiaries from the various governorates of the country.


The ceremony included an introductory speech for each woman separately, who talked about her project and her success story, which impressed the attendees. The beneficiaries of the initiative thanked Quds Bank for choosing them as part of the Najah initiative and benefiting from it in order to develop their own projects.


Salah Hadmi, CEO of Quds Bank, said in his speech: "Success came as a good initiative from Quds Bank and a message of appreciation and honor for successful women in various governorates of the country in order to empower them, within the framework of social responsibility that we present at the Bank with the aim of achieving sustainable development."


Hadmi explained that the initiative helps entrepreneurs open a bank account and receive and issue money transfers, stressing Quds Bank's readiness to provide advice and advice to them in order to market their products and businesses.


Dr.. Amal Hamad, Minister of Women's Affairs, said: "The "Najah" initiative is a serious imprint for the economic empowerment of Palestinian women, who are considered pioneers in all stages, in which we celebrate the National Day of Palestinian Women on October 26 of each year."


The Minister of Women's Affairs thanked Quds Bank for the Najah initiative and expressed her pride in the success stories of the women participating in the Najah initiative.


The ceremony culminated in a special honor as the successful woman figure of the year 2022 for Jerusalemite Maherah Dajani, Chairperson of the Board of Trustees of the Arab Child Home Foundation in Jerusalem, in appreciation of her giving over thirty years and in celebration of her national and societal distinction.


Dajani thanked Quds Bank for its various initiatives aimed at empowering women, expressing her happiness at being chosen and honored as a successful woman figure.


Quds Bank's social responsibility is an essential part of its mission to advance economic development.


ECONOMY

Wed 15 Mar 2023 7:53 pm - Jerusalem Time

Higher wages will fuel inflation in the eurozone for years

Frankfurt - (AFP) - The head of the European Central Bank's economics department said Friday that wage increases will continue to fuel inflation in the eurozone even after the effects of the Covid-19 epidemic and the Russian invasion of Ukraine have passed.


And Philip Lane wrote in a blog posted on the European Central Bank's website that "even after the energy and pandemic-related factors that cause the inflationary trend dissipate," wage increases will be the main driver of price increases in the coming years.


With inflation crossing the 10% threshold during the fall in the region, the European Central Bank fears entering into a spiral of interconnected visitation in wages and prices that may fail its expectations of a gradual return of inflation to the target it set at 2%.


However, Lane stressed that this phenomenon is not currently in the process of being verified, as the recent negotiations generally led to an increase in wages by an average of 3.8% for the year 2022 and 3.5% for the year 2023.


In Germany, about four million employees in the industrial sector, in electronics and mining, received a wage increase of 8.5 percent over two years on Friday.


Of course, these increases are considered “above the normal level,” but they reflect “in large part the compensation mechanism following the decline in real wages recorded since mid-2021,” when the increase in energy and raw materials prices led to a sharp rise in inflation in the world and a decline in purchasing power.


Lane believed that prices will continue to rise in the future, but this should not be interpreted as a "permanent change in the dynamic of basic wages."


He concluded that after passing the stage of compensating for the decline in wages, "we can expect basic wages to grow at a pace equal to the sum of labor productivity growth and the inflation target of 2%."

ECONOMY

Wed 15 Mar 2023 7:53 pm - Jerusalem Time

The Housing Bank signs a memorandum of understanding with the Federation of Metallurgical and Engineering Industries

Ramallah - "Jerusalem" dot com - As part of the Bank's strategy to strengthen the relationship with local community institutions, the Regional Director of the Housing Bank , Mr. Osama Harzallah, signed a memorandum of understanding with the Union of Metallurgical and Engineering Industries, represented by Mr. Robin Al-Julani, at the headquarters of the Bank's regional administration, in the presence of both The Deputy Regional Director, Mr. Ibrahim Melhem, and the Director of the Corporate Banking Services Department, Mr. Osama Al-Najjar.


In this meeting, the two sides worked on studying and discussing mechanisms for developing ways of cooperation and understanding between the bank and the members of the union and providing special services to its members. The corporate facilities sector, whether in direct facilities through business financing programs, financing fixed assets and commercial vehicles, or through indirect facilities packages such as guarantees, credits, and others.


In this regard, the Regional Director of the Housing Bank, Mr. Osama Herzallah, said that this cooperation represents the bank's vision of achieving a permanent partnership with institutions and sectors that constitute the basic building block in the renaissance of the economic sector, stressing that the bank always seeks to facilitate banking transactions and continuously provides programs that suit the aspirations of customers and contribute to serve their economic interests. He confirmed that the Housing Bank always seeks to enhance the excellence of its services, maintain long-term success, and actively participate in innovative services that meet the needs of its customers, as the values and strategies of the Housing Bank always reflect its commitment to contributing to the provision of banking and financial services in an easy and developed manner.


In his turn, Mr. Robin Al-Julani said that the Housing Bank continuously provided banking services and facilities to the members of the union, stressing the role of these facilities in raising the level of efficiency and productivity of the various sectors covered by the union, which ultimately serve the people of society. During the meeting, he thanked the bank for the good reception. He stressed that the terms of the agreement will constitute an incentive for the development of industrial and engineering operations through the package of direct and indirect facilities that were presented by the bank.


It is noteworthy that the Housing Bank operates through business centers of companies specialized in managing the relationship with corporate customers, where all the financing needs of the corporate and businessmen category are provided through a specialized relationship manager, in addition to a variety of individual products such as personal and real estate loans, car financing, etc., and it is referred to The bank provides its banking services in the West Bank and Gaza Strip through 15 branches that provide the highest level of service to its customers.


OPINIONS

Wed 15 Mar 2023 7:53 pm - Jerusalem Time

out of date

Written by: Yasser Qabilat


History is a gracious house, whoever enters it thinks that it is his permanent home, and his sure possession throughout the times, and in all circumstances and situations, and it does not require anything in particular to keep it.

This is just a deceptive impression, as great powers and ancient societies have always suffered from expulsion from this blessed house, despite the power, influence and long standing they enjoyed in it.

Today, the West, and Europe in particular, is confronted with the fact that it will no longer be the exclusive inhabitant of history, nor its sole ruler. In front of him is one of two possibilities; To accept partnership in this house, and this has requirements and dues, or to leave it.

Despite the criticality of this situation, in which the West finds itself, it buries its head in the sand, continues the state of denial, and raises its voice with positions and statements that are not consistent with reality, and do not help his condition in anything, statements that do not find their way into an action that can be realistically translated, and are nothing more than being Just dogmatic at the wrong time.

It used to be that the West showed great flexibility and pragmatism on its way to achieving its endeavors, being skilled in producing a bright, soft discourse, covered with values, freedoms, and so on, that envelops its policies and its direct interest goals, but this, apparently, has changed in the recent period with the The global situation worsened, and the international tensions intensified. All the arguments and starting points on which it is based, and cited by the West in dealing with the global situation, have become weak and fragile, and do not convince anyone. Nevertheless, it does not stop talking, lamenting about energy security, or fighting in another region about international law and state sovereignty, or arrogant in others. To install himself as a guardian of freedoms and the rights of groups and minorities, but rather he is not satisfied with that, as we find him elsewhere taking on the role of an advocate of peace, so he denounces war and violence so strongly that whoever hears and sees him believes that he is composed of neutral countries that have not fought wars in their lives, nor have they practiced violence, and we have witnessed There is a lot of this and that in our region, and everyone may have noticed that the West, in the context of marketing its positions and policies, has lost its effectiveness and no longer has that influence.

In short, it can be said that the credibility of Western discourse is no longer trusted in general.

To begin with, the West's need to create a basis and justification for its behavior may not be something new or out of the ordinary, but that its justifications and discourse, which it mobilizes, to justify its positions and policies and make them more acceptable, are themselves unacceptable. This is a new matter, and it has many suggestive meanings. Perhaps the first of these refers to his inability to defend and market these positions and policies.

but why?

No one is superior to the West in the field of marketing and justifying its policies and actions. Therefore, its arrival at this stage, in which it is unable to produce that persuasive discourse, means in the first place that its policies have gone beyond logic, and to an extent that cannot be defended or justified.

And if politics usually refers to the rational thinking part of states, then going with it beyond what logic can accept means confusion and lack of a strategic vision that allows realizing challenges and awareness of necessities, and the possibility of reconciling the impossible with the possible within acceptable limits that meet the goals.

The matter is not merely a failure to create the appropriate contexts, but it is more evident in the failure in the field of the ability to produce and enforce a realistic policy that can allow the West to maintain its position in history, especially at this pivotal moment, in which nations crowd and scramble.

Yes, what is happening is very clear. There are many countries and societies, (including countries described by a European official as “barbaric jungles”), steadily stepping towards entering history, while many Western countries stand desperate and confused, not even having the will to try to avoid leaving. from him.

Avoiding leaving history, just like entering it, requires a will, an attitude, and a decision, and before that a prudent and realistic vision, not the noise of statements and unproductive stances.

In fact, no state, society, or nation has immunity that protects it from the danger of going out of history. About the "Emirati statement"

Wed 15 Mar 2023 7:53 pm - Jerusalem Time

Returning NASA's massive SLS rocket to its launch pad

Kennedy Space Center (United States) - (AFP) - NASA 's new massive SLS rocket has been returned to the launch pad in Florida for an attempt to launch it again to the moon within ten days, which will mark an important launch for the program. American "Artemis" to return to the moon.


After two failed launch attempts due to technical problems, the rocket was returned to the Kennedy Space Center assembly building for protection from Hurricane Ian.


NASA took the opportunity to recharge batteries for several parts of the rocket, including the batteries of some of the small scientific satellites installed on it.


The route the SLS took, some kilometers between the assembly building and launch pad 39B, took about nine hours. The process consisted of transporting the missile, which is 98 meters high, on a giant platform that moved very slowly to avoid its vibration as much as possible.


The platform reached its destination at 8:30 am local time.


The Artemis 1 mission, which will carry no astronauts on board, marks the first flight of the United States' program to return to the moon, which aims to bring the first woman and first person of color there.


This will be the first flight of the SLS rocket, which NASA has been developing for more than a decade.


The new missile launch window will open on the night of 13 to 14 November at 4:07 GMT. It is expected to last just over an hour.


If the rocket launch is successful, the mission will take a little more than 25 days, and then the capsule installed on the rocket will land in the Pacific Ocean on December 9th.


The unmanned mission hopes to test the new "SLS" missile in addition to the uninhabited "Orion" capsule on its head, in preparation for future manned flights to the moon. The capsule will reach 64,000 km beyond the moon, farther than any other spacecraft suitable for transporting humans so far.


The main objective of "Artemis 1" is to test the capsule's heat shield as it returns to Earth's atmosphere, at a speed of approximately 40,000 kilometers per hour and a temperature equivalent to half that of the surface of the sun.


Two backup dates have been set, 16 and 19 November.

PALESTINE

Wed 15 Mar 2023 7:53 pm - Jerusalem Time

A Palestinian boy from Jenin infiltrates an Israeli naval base in Haifa

A translation of "Jerusalem" dot com - A 16-year-old Palestinian boy managed to infiltrate an Israeli naval base in Haifa, northern occupied Palestine.

According to the website of the Hebrew Maariv newspaper, the boy, a resident of Jenin, infiltrated the Green Line areas, after which he succeeded in entering a naval base in Haifa.

The site indicated that the boy was arrested and transferred to the investigation by the Haifa police, which asked the Magistrate Court to extend his detention until next Sunday.

ECONOMY

Wed 15 Mar 2023 7:50 pm - Jerusalem Time

Credit Suisse bank shares lose more than 30%

Shares in Credit Suisse fell more than 30 percent to a new record low on Wednesday after its major shareholder said it would no longer provide financial assistance to the ailing Swiss banking giant.


The Saudis rushed to help Credit Suisse by participating in its capital in November. However, the National Bank of Saudi Arabia, the largest shareholder in Credit Suisse, "does not have" plans to increase investment in the Swiss bank for "several reasons", according to what was announced by its chairman, Ammar Al-Khudairi, adding that the simplest of them are "regulatory" issues.


At 13:00 GMT, Switzerland's second largest bank saw its share price drop by 30.13 percent to just CHF 1.55 per share, reaching a new historic low.


But it held some ground in afternoon trading, and at 15:30 GMT, its share fell 16 percent to 1,875 Swiss francs.


The market value of Credit Suisse witnessed severe declines this week due to fears of transmission of the collapse of two US banks, in addition to its annual report, which indicated "fundamental weaknesses" in internal controls.


Speaking at a financial sector conference in Saudi Arabia on Wednesday, Axel Lehmann, Chairman of the Board of Directors of Credit Suisse Bank, said that the bank does not need government assistance, adding that it would be inaccurate to compare the problems it faces with the collapse of the American “Silicon Valley Bank” (EVB), Because of the difference in organization.


"We have strong capital ratios and a strong balance sheet," Lehman said, noting that they have begun implementing the bank's radical restructuring plan, which it unveiled in October.


But his speech did not appear to stem the fall in the value of his shares or prevent fears from spreading beyond Switzerland's borders.


On Wednesday, French Prime Minister Elisabeth Born called on the Swiss authorities to intervene and "settle" the problem, adding that the French and Swiss finance ministers were scheduled to speak during the next few hours.


But, citing three unnamed sources, the Financial Times reported that Credit Suisse had asked the Swiss central bank and its financial regulator to "show support".


Also, a US Treasury spokesman said Wednesday that the department is in contact with economic ministries in other countries regarding Credit Suisse and is monitoring the situation.


For his part, said analyst at the "Finalto" trading company, Neil Wilson, "If Credit Suisse is really facing an existential problem, then we will be facing a real bitter reality. The bank is believed to be too big to fall."


Credit Suisse is one of 30 banks in the world that is too big to fail, which forces it to allocate more cash to face any crisis.


The bank recorded a net loss of 7.3 billion Swiss francs ($7.8 billion) for the fiscal year 2022.


This came after massive withdrawals of funds by its clients, including in the wealth management sector, which is one of the activities that the bank intends to refocus on as part of a major restructuring plan.

ARAB AND WORLD

Wed 15 Mar 2023 7:41 pm - Jerusalem Time

A meeting between Putin and Assad in Moscow to discuss reconciliation between Ankara and Damascus

Russian President Vladimir Putin received his Syrian counterpart, Bashar al-Assad , in Moscow on Wednesday, in light of the Kremlin's intensification of its efforts to achieve reconciliation between Ankara and Damascus and to confirm its diplomatic weight despite the diplomatic isolation it faces due to its invasion of Ukraine.


These efforts come at a time when diplomatic cards are being widely shuffled in the Middle East with the restoration of diplomatic relations between Iran and Saudi Arabia under the auspices of Beijing.


For the Kremlin, organizing a reconciliation process between Turkey and Syria , whose relations began to deteriorate since 2011, will show Moscow's diplomatic weight despite the isolation it faces from Western countries since its attack on Ukraine.


The meeting of the two leaders began at around 14:00 GMT, according to scenes broadcast on Russian television. A number of ministers participated in this meeting, to be followed by a bilateral meeting between the two presidents.


"We are in constant contact and our relations are developing," Putin said at the beginning of the meeting, welcoming the "important results" achieved by Moscow and Damascus in "the fight against international terrorism."


For his part, al-Assad expressed his support for the military operation led by Moscow in Ukraine, stressing that "this visit will pave the way for a new phase in Syrian-Russian relations at all levels."


However, the reconciliation process between Ankara and Damascus will be one of the main topics to be raised at this meeting, which Moscow seeks to accelerate, especially by organizing a summit with al-Assad and Turkish President Recep Tayyip Erdogan.
Kremlin spokesman Dmitry Peskov said Wednesday that "relations between Turkey and Syria will certainly be affected in one way or another" by the discussions between Putin and Assad.
After he came to power in the early 2000s, Erdogan and Assad established friendly relations, after decades of tension between their two countries.
However, after the start of the war in Syria, which since 2011 has left more than 500,000 dead and millions displaced, Ankara has supported armed groups seeking to overthrow the Syrian regime, which is backed by Moscow and Tehran.
Despite their divergent interests in Syria and Turkey's membership in the North Atlantic Treaty Organization (NATO), Putin and Erdogan have cooperated extensively in recent years, which explains Moscow's role in trying to achieve Turkish-Syrian reconciliation.


Diplomats from Russia , Turkey, Syria and Iran are scheduled to meet this week in Moscow to prepare for a meeting of their countries' foreign ministers ahead of a possible presidential summit.


At the end of December, the Turkish and Syrian defense ministers met in Moscow with their Russian counterpart, for the first time since 2011.


In recent months, Erdogan has expressed several times his willingness to meet Assad to mend relations. "There can be no rancor in politics," the Turkish president said in November.


However, there are thorny issues that must still be resolved, especially with regard to the Turkish military presence in northern Syria, where Ankara has carried out many attacks since 2016 against jihadist and Kurdish groups.


Nevertheless, there may be a rapprochement due to the earthquake that struck Turkey and Syria last February, killing more than 50,000 people and helping Damascus to emerge somewhat from its diplomatic isolation.


Erdogan and Assad also share animosity toward the Kurdish groups that control northeastern Syria and are supported by the West against the Islamic State.


Damascus strongly condemned the visit made in early March by the US Chief of Staff to northeastern Syria, which is controlled by the Kurdish forces.

PALESTINE

Wed 15 Mar 2023 7:17 pm - Jerusalem Time

The occupation forces arrested a young man from Aqabat Jaber camp, south of Jericho

This evening, Wednesday, the Israeli occupation forces arrested a young man from Aqabat Jaber camp, south of Jericho .


According to press sources, the occupation forces arrested Najeeb Muhammad Ismail Abu Qatam (18 years old), a resident of Aqabat Jaber camp, south of Jericho.

PALESTINE

Wed 15 Mar 2023 7:17 pm - Jerusalem Time

"International Socialism" calls for protecting the Palestinians and holding the Israeli occupation accountable

Socialist International has expressed its deep horror at the continuing violence and attacks by Israeli settlers against Palestinians in Hawara and other cities, holding Israel, as the occupying power, responsible for ensuring the protection of the civilian population and holding the perpetrators accountable. The Socialist International also condemned all acts of violence and called on the parties to refrain from taking any steps that would lead to more violence and victims, because further violence will only harm the innocent citizens of both Palestine and Israel and will only benefit those who have no interest in Peace and security for all.


The Socialist International also expressed its strong condemnation of the Israeli Minister of Finance's call to "annihilate the Palestinian town of Hawara" and calls on the Israeli authorities to repudiate, reject and denounce those words which constitute incitement to hatred and violence directed in particular against the Palestinian population.


In the context of its affirmation of the right of the Palestinian people to self-determination, their independent state, and the achievement of a just and comprehensive peace, the Socialist International Organization reaffirmed all its previous statements and decisions regarding Palestine and Israel, confirming its adherence to and unwavering commitment to the values of justice, human rights and freedom, and continues its full support for the internationally agreed upon two-state solution to the Palestinian conflict. The Israeli, and the legitimate right of the Palestinian people to their independent state on the 1967 borders with East Jerusalem as its capital, living in peace and security alongside the State of Israel.


The Socialist International stressed its commitment to work with its member parties in Palestine and Israel, the progressive forces and the calling and active voices for peace and the two-state solution, and its commitment to work on the support and participation of the international community in favor of peace in the Middle East because recognition of the Palestinian state is vital, and the Socialist International will continue to work to support the rights of both The two peoples live in peace and will continue to condemn any act that violates international law.


In its statement, the international organization also renewed its solidarity and support for the peaceful Palestinian popular resistance in its pursuit of its right to live in peace, and Israel must immediately stop the evictions of Palestinian families and the demolition of their homes in East Jerusalem and across the occupied Palestinian territories.


The Socialist International called on all the member parties of the organization, deputies, heads of government and all progressive forces around the world to work and raise a strong voice in defense of justice, human rights and international law in Palestine, and to defend the two-state solution and a serious and fruitful peace process that leads to a comprehensive, just and lasting peace for Palestine and Israel. .


For his part, the Commissioner for International Relations of the Fatah Movement, Vice-President of Socialism International, Rawhi Fattouh, welcomed the statement of the Socialist International Organization, which was issued unanimously, expressing the deep indignation of the international organization and its political parties in the world at the outbreak of violence and deadly attacks that led to the loss of the lives of innocent civilians. citizens' property.

PALESTINE

Wed 15 Mar 2023 7:10 pm - Jerusalem Time

A Palestinian died of injuries sustained in a crime a month ago

أُعلن مساء الأربعاء، عن مصرع فلسطيني من سكان الداخل المحتل، متأثرًا بجروحه بجريمة إطلاق نار تعرض لها منذ نحو شهر.


وبحسب قناة 12 العبرية، فإن الفلسطيني عامر التيتي (51 عامًا) أُعلن عن وفاته هذا المساء بعد تدهور حالته الصحية إثر إصابته بالجريمة التي وقعت في قرية البعنة في الداخل المحتل.