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Qatar emir calls on U.N. to force Israel into talks to end Hamas war

Doha (Reuters) – Qatar’s emir on Tuesday called on the U.N. Security Council to force Israel to return to the negotiating table over the war in Gaza, saying the inaction by the international community in halting the conflict was “shameful”.

“It is shameful for the international community to allow this heinous crime to continue for nearly two months, during which the systematic and deliberate killing of innocent civilians continues, including women and children,” Sheikh Tamim bin Hamad al-Thani said in a speech to Gulf leaders gathered in he Qatari capital Doha for a regional summit.

Qatar, where several political leaders of Hamas are based, has been leading negotiations between the Palestinian militant group and Israel.

Those talks led to a truce that ultimately lasted for seven days before hostilities resumed on Friday. During the truce, Hamas released dozens of hostages held in Gaza in exchange for hundreds of Palestinian prisoners, and Israel allowed humanitarian aid to flow into the coastal strip.

Sheikh Tamim said Qatar was working with both sides to repair the deal.

“We are constantly working to renew (the truce) and to alleviate the burden of our people in the Gaza Strip, but truces are not an alternative for a comprehensive ceasefire,” he said.

Israel launched its assault to wipe out Hamas in retaliation for an Oct. 7 cross-border attack when militants killed 1,200 people and seized 240 hostages, according to Israeli tallies.

In eight weeks of warfare, the Gaza health ministry said at least 15,899 Palestinians, 70% of them women or under 18s, have been killed.

In November, the 15-member UN security council overcame an impasse and called for urgent and extended humanitarian pauses in fighting between Israel and Hamas for a “sufficient number of days” to allow aid access.

India to be world’s third-largest economy by 2030 -S&P Global Ratings

Bengaluru (Reuters) – India will remain the fastest-growing major economy for at least the next three years, setting it on course to become the world’s third-largest economy by 2030, S&P Global Ratings said in a report.

S&P expects India, currently the world’s fifth-largest economy, to grow at 6.4% this fiscal and estimates growth will pick up to 7% by fiscal 2027. In contrast, it expects China’s growth to slow to 4.6% by 2026 from an estimated 5.4% this year.

India’s gross domestic product (GDP) (INGDPY=ECI) grew a bigger-than-expected 7.6% in the second quarter of fiscal 2024, data showed last week, which prompted several brokerages to raise their full-year estimate.

However, S&P, which had raised its forecast even before the latest data, said India’s growth will depend on its successful transition to a manufacturing-dominated economy from a services-dominated one.

“A paramount test will be whether India can become the next big global manufacturing hub, an immense opportunity,” S&P said in its Global Credit Outlook 2024 report, dated Dec. 4.

While Prime Minister Narendra Modi’s government has been driving domestic manufacturing thorugh the “Make in India” campaign and production-linked incentives (PLIs), the share of manufacturing is still roughly 18% of GDP.

In contrast, services account for over half of India’s GDP.

S&P said that developing a strong logistics framework is key to becoming a manufacturing hub and that India also needs to “upskill” its workers and increase female participation in the workforce to realize its “demographic dividend.”

India has one of the youngest working populations in the world, with nearly 53% of its citizens under the age of 30.

Iran says it is not involved in any actions against US military forces -Tasnim

Dubai (Reuters) – Iran’s U.N. envoy, Amir Saeid Iravani, said his country has not been involved in any actions or attacks against U.S. military forces, the semi-official Tasnim news agency reported on Tuesday.

The United States has blamed Yemen’s Iran-allied Houthi group for a series of attacks in Middle Eastern waters since war broke out between Israel and the Palestinian militant group Hamas on Oct. 7.

In a briefing with reporters on Monday, U.S. national security adviser Jake Sullivan said Washington has “every reason to believe that these attacks, while they were launched by the Houthis in Yemen, are fully enabled by Iran”.

In the latest incidents, three commercial vessels came under attack in international waters in the southern Red Sea on Sunday. The Houthis acknowledged launching drone and missile attacks against what they said were two Israeli vessels in the area.

The Carney, a U.S. Navy destroyer, shot down three drones on Sunday as it answered distress calls from the commercial vessels. The U.S. military says the three vessels were connected to 14 separate nations.

Qatar to sell around $644 million shares in Barclays

(Reuters) – Qatar Holding is looking to sell around 510 million pounds ($643.72 million) of shares in Barclays (BARC.L), one of the banks acting on the deal said on Monday, cutting back on its crisis-era investment in the British bank.

The deal is set to price at 141 pence per share, or a discount of about 1.4% to Barclays’ closing share price on Monday.

The share sale comes as Barclays is striving to revive its share price, which has halved since Qatar first invested in 2008.

Barclays declined a request for comment.

Under CEO C. S. Venkatakrishnan, Barclays is mulling strategic initiatives to help turn around the lender’s fortunes.

Qatar became Barclays’ largest shareholder during the 2008 financial crisis when it injected 4 billion pounds into the British bank in a controversial deal that helped avert a taxpayer bailout.

Qatar has previously cashed in on warrants acquired through the capital injection.

Barclays this year has been working on plans to save as much as 1 billion pounds, which could involve cutting as many as 2,000 jobs, mainly in its back office, Reuters reported last month.

It is also selling its consumer finance unit in Germany and considering selling a stake in its domestic merchant services business, Reuters previously reported.

Barclays has also expressed interest in acquiring Tesco’s banking business.

Biden says Hamas raped, mutilated women during Israel assault

Boston (Reuters) – U.S. President Joe Biden said on Tuesday that Hamas had repeatedly raped women and mutilated their bodies during its Oct.7 assault on southern Israel, citing survivors and witnesses of the attacks.

Speaking at a political fundraiser in Boston, Biden said accounts of “unimaginable cruelty” had been shared over the past few weeks.

“Reports of women raped — repeatedly raped — and their bodies being mutilated while still alive, of women’s corpses being desecrated, Hamas terrorists inflicting as much pain and suffering on women and girls as possible and then murdering them. It is appalling,” Biden said.

The president called on international organizations, civil society and individuals to condemn sexual violence “without exception.”

Israeli police are investigating possible sexual crimes by some of the few hundred people that they arrested after the Oct. 7 attack. Israel’s justice ministry has said “victims were tortured, physically abused, raped, burned alive, and dismembered.”

In a statement on its Telegram channel, Hamas said it denounced Biden’s “attempt to falsely accuse” its fighters of committing sexual violence and rape on Oct. 7.

The Islamist group said Biden was joining Israel’s effort to cover up war crimes in Gaza committed with U.S. support and to mislead public opinion.

Israel held an event at the United Nations in New York on Monday focused on sexual violence against women during the Oct. 7 attack. Israel has been critical of the world body’s response to the attacks.

“As a global community we must respond to weaponized sexual violence, wherever it happens, with absolute condemnation. There can be no justification and no excuses. Rape as a weapon of war is a crime against humanity,” former U.S. Secretary of State Hillary Clinton told the event in a pre-recorded video.

On Tuesday, Biden blamed Hamas for the collapse of a truce last week that had halted Israel’s retaliatory military campaign against Gaza, saying the militant group’s “refusal to release the remaining young women is what broke this deal”.

Israel and Hamas have accused each other of wrecking negotiations to extend the week-long pause in fighting, which resumed on Dec. 1.

Since then, Israeli forces have expanded their ground operations on Hamas-run Gaza and stormed its main southern city. Gaza health officials say 16,248 people have been killed in Israel’s attacks.

Hamas fighters who rampaged through Israeli towns on Oct. 7 killed 1,200 people and seized 240 hostages, according to Israel’s tally. More than 100 hostages were freed during the truce.

During the fundraiser, Biden said: “Everyone still being held hostage by Hamas need to be returned to their families immediately. We’re not going to stop.”

Israel forces fight Hamas in southern Gaza, civilians seek shelter

Gaza (Reuters) – Israeli troops fought fierce battles with Hamas in southern Gaza on Wednesday after reaching the heart of the city of Khan Younis, forcing Palestinian civilians to seek refuge elsewhere as the number of safe areas decreases.

Israeli warplanes also bombarded targets across the densely populated coastal territory in one of the heaviest phases of fighting in the two months since Israel began its military campaign to eliminate the Palestinian militant group.

Palestinian medics said hospitals were overflowing with dead and wounded, many of them women and children, and supplies were running out. Hundreds of thousands of displaced people driven out of the north were seeking shelter in the dwindling number of places designated as safe areas by Israel.

After largely gaining control of northern Gaza, Israeli troops and tanks pushed further south and encircled Khan Younis in the south after a week-long truce collapsed last week.

Israel said its forces had struck hundreds of targets, including a militant cell near a school in the north. Hamas’ armed wing, the al-Qassam Brigades, said combat was fierce.

Residents said Israeli bombing intensified overnight, killing and wounding an unspecified number of people, and that tanks were battling Palestinian militants north and east of Khan Younis.

Tanks were stationed on the edge of the Khan Younis refugee camp, not far from the house of Hamas’ leader in Gaza, Yehya Al-Sinwar, they said. It was unclear whether anyone was there.

Some Palestinians described lucky escapes after their homes were destroyed in an overnight Israeli air strike on al-Amal neighbourhood in Khan Younis.

“I swear we don’t even know how we made it out alive,” said Hamdi Tanira, describing an attack on a house were he said he and about 30 others were sleeping, including 20 children.

“We were peacefully sleeping, not bothering anyone,” said another survivor, Amal Mehdi. “All of a sudden, the bombardment hit us, you wouldn’t know where it came from, it was a miracle that we were pulled from under the rubble.”

In the north, tanks, naval boats and war planes continued to pound areas of the Jabalia refugee camp as well as roads and houses, residents and Hamas media said.

The Washington-based Institute for the Study of War said Hamas fighters were using improvised explosive devices and anti-personnel mines in a shift of tactics as the fighting moved to close ground combat.

International Concern

Israel unleashed its military campaign in response to an attack on Oct. 7 by Hamas fighters who rampaged through Israeli towns, killing 1,200 people and seizing 240 hostages, according to Israel’s tally.

Hamas’ media office said on Tuesday at least 16,248 people including 7,112 children and 4,885 women had been killed in Gaza since then. Those figures were not immediately verified by the Gaza health ministry.

Israel said 84 of its soldiers had been killed since the ground operation began five weeks ago.

The handful of hospitals that remain open across the enclave are barely functioning, according to the World Health Organization.

Fuel and medical supplies have reached critically low levels at the Al-Aqsa Hospital in central Gaza, and hundreds of patients need emergency care, Medecins Sans Frontieres said.

MSF emergency coordinator Marie-Aure Perreaut Revial said the hospital has been receiving on average 150 to 200 war-wounded patients daily since Dec. 1.

“There are 700 patients admitted in the hospital now, with new patients arriving all the time,” she said.

Reflecting global concern over the plight of Palestinian civilians, the head of the Norwegian Refugee Council, Jan Egeland, said: “The pulverising of Gaza now ranks amongst the worst assaults on any civilian population in our time and age.”

The Israeli military said it was going to “great lengths” to avoid harming non-combatants. It said Hamas was using civilians as human shields and preventing civilians from moving to safe places, an accusation denied by the militant group.

Since the truce collapsed, Israel has been posting an online map to tell Gazans which parts of the enclave to evacuate to avoid attacks. But Gazans say there is no safe place, with remaining towns and shelters already overwhelmed, and Israel continuing to bomb the areas where it is telling people to go.

The United States, Israel’s closest ally, has urged Israel to do more to allow fuel and other aid into Gaza and reduce harm to civilians.

Israel says some women and children remain in Hamas’ hands. During the pause in fighting, Hamas returned more than 100 hostages, but 138 captives remain.

A Hamas official, Osama Hamdan, said there would be no more hostages released until Israel’s “aggression” stopped.

Saudi Arabia offers tax breaks for companies moving regional HQs to Riyadh

Riyadh (Reuters) – Saudi Arabia said on Tuesday it will offer tax incentives for foreign companies that locate their regional headquarters in the kingdom, including a 30-year exemption for corporate income tax.

The world’s top oil exporter announced in February 2021 plans to cease awarding government contracts to companies whose regional headquarters are not located in the kingdom by Jan. 1, 2024.

The ultimatum, part of efforts by Crown Prince Mohammed bin Salman to wean the economy off oil by creating new industries that would generate jobs for Saudis.

The tax exemption package for regional headquarters includes a zero percent rate for the income tax of the regional entity and for the withholding tax on approved activities of those entities for 30 years, state news agency SPA reported.

International companies will benefit from the tax exemption package starting from the date their licences are issued, it added.

The programme has so far attracted 200 foreign companies, Saudi Investment minister Khaled Al-Falih was quoted as saying.

“The new tax exemptions granted on regional headquarters activities will give …. international companies in the kingdom more clarity of vision and stability,” Saudi Finance Minister Mohammed Al-Jadaan said, according to SPA.

“We look forward to welcoming more international companies to participate in projects in all sectors, including mega projects, and our preparations to host major events such as the Asian Winter Games in 2029, and the Expo 2030,” Jadaan added.

Foreign companies have scrambled to meet the Saudi condition to relocate their regional headquarters after the kingdom said in October the deadline will be enforced.

However some companies have raised concerns over the regulatory framework, including taxation.

Foreign firms have for years used neighbouring United Arab Emirates as a springboard for their regional operations, including for Saudi Arabia.

Putin arrives in Middle East to talk oil with Saudi crown prince MbS

Moscow (Reuters) – Russian President Vladimir Putin will travel to Saudi Arabia on Wednesday to meet Crown Prince Mohammed bin Salman, a rare trip abroad to discuss oil production, OPEC+ and the wars in the Gaza Strip and Ukraine.

Putin’s meeting with the prince, known as MbS, comes after oil prices fell despite a pledge by OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies led by Russia, to further cut output.

Putin arrived in Abu Dhabi on Wednesday for talks President Sheikh Mohammed Bin Zayed Al Nahyan in Abu Dhabi. He is due to then travel to Saudi Arabia for his first face-to-face meeting with MbS since October 2019.

The Kremlin said they would discuss energy cooperation, including as part of OPEC+, whose members pump more than 40% of the world’s oil.

“Close Russian-Saudi coordination in this format is a reliable guarantee of maintaining a stable and predictable situation in the global oil market,” the Kremlin said.

The Kremlin’s chief’s last visit to the region was in July 2022, when he met Supreme Leader Ayatollah Ali Khamenei in Iran.

It was not immediately clear what Putin, who has rarely left Russia since the start of the Ukraine war, intends to discuss with the crown prince of the world’s largest oil exporter, just days after disagreements delayed a key OPEC+ meeting.

They will also discuss the war between Israel and Hamas militants, the situation in Syria and Yemen, and broader issues like ensuring stability in the Gulf, the Kremlin said. A Kremlin aide said Ukraine would also be discussed.

Putin will host Iranian President Ebrahim Raisi in Moscow on Thursday, Kremlin spokesman Dmitry Peskov said.

Close Ties

Putin and MbS, who together control one-fifth of the oil pumped each day, have long enjoyed close relations, though both have at times been ostracised by the West.

At a G20 summit in 2018, just two month after the murder of journalist Jamal Khashoggi in a Saudi consulate, Putin and MbS high-fived and shook hands with smiles.

MbS, 38, has sought to reassert Saudi Arabia as a regional power with less deference to the United States, which supplies Riyadh most of its weapons and which is the world’s top producer of oil.

Putin, who sent troops into Ukraine in February 2022, says Russia is engaged in an existential battle with the West – and has courted allies across the Middle East, Africa, Latin America and Asia amid Western attempts to isolate Moscow.

Both MbS and Putin, 71, want – and need – high prices for oil – the lifeblood of their economies. The question for both, is how much of the burden each should take on to keep prices aloft – and how to verify the burden.

OPEC+ last month delayed its meeting by several days due to disagreements over production levels by some members. Saudi’s energy minister said OPEC+ also wanted more assurances from Moscow it would do good on its pledge to reduce fuel exports.

Relations between Saudi and Russia in OPEC+ have at times been uneasy and a deal on cuts almost broke down in March 2020, when the markets were already shaken by the onset of the COVID pandemic.

But the two nations managed to patch up their relations within weeks and OPEC+ agreed to record cuts of almost 10% of global oil demand, to prop up the oil markets.

Middle East War

Since war broke out between Israel and Hamas on Oct. 7, Putin has cast the conflict as a failure of U.S. policy in the Middle East and has fostered ties with Arab allies and Iran, as well as with Hamas.

When Russia intervened in the Syrian Civil War in 2015, it helped tip the balance in Syrian President Bashar Al-Assad’s favour, ensuring the Syrian leader’s survival despite Western demands that he be toppled.

“The Kremlin seeks to build its line of behaviour taking into account the opinions of the main regional players – Saudi Arabia, the UAE and Iran, who are not just observers, but also, in a sense, participants in the situation,” Andrey Kortunov of the Russian International Affairs Council think tank told the Vedomosti newspaper.

More Flights, Visa Rules Eased for Indian ‘Umrah’ Pilgrims: Saudi Haj Minister

New Delhi – Saudi Arabia has revised its visa regulations and increased dedicated flights from India. The announcement was made by Saudi Hajj and Umrah Minister, Tawfiq Bin Fawzan Al-Rabiah, who highlighted the growing number of Indian Muslims expected to perform the ‘Umrah’ pilgrimage in the coming years.

According to Al-Rabiah, with an estimated 1.37 million Indian Muslims expected to perform Umrah in 2024, up from 1.2 million in 2023, the Saudi government has made it easier for Indians to undertake the pilgrimage. Previously, specific visas were required for Umrah, but now Indians can perform the pilgrimage with work or tourism visas.

The minister also praised the contributions of the Indian expatriate community in Saudi Arabia, acknowledging their role in the economic and cultural enrichment of the country.

To further enhance the experience of Umrah pilgrims, the Saudi government has introduced the “Nusuk” platform exhibition, which showcases advancements in electronic services tailored for pilgrims. This platform aims to provide a range of digital services and resources to enhance the spiritual journey of visitors to the holy cities of Makkah and Medinah. It also aims to introduce pilgrims to historical and Islamic landmarks, emphasizing the cultural and spiritual significance of their visit.

In order to accommodate a larger number of Indian pilgrims, agreements have been made to increase the number of dedicated flights from India to Jeddah and Madinah. The expansion includes the introduction of direct flights from multiple Indian airports, making travel seamless for pilgrims.

Additionally, seat capacity on Saudi Airlines has been strategically increased to meet the growing demand for Umrah pilgrimage. These measures aim to streamline and enrich the experience for Indian travelers, ensuring a smooth and expedited journey for all Umrah participants from India.

Recent revisions to Umrah visa regulations for Indian Muslims have eliminated restrictions based on their previous visa status and introduced a user-friendly e-visa system. The changes have streamlined the visa application process, leading to accelerated approvals and fostering an environment of inclusivity and heightened security. Noteworthy adaptations include the extension of the Umrah visa to 90 days and the ability to acquire an entry visa within 48 hours for Umrah visits. Indian travelers are also authorized to undertake Umrah in Saudi Arabia using their work, tourist, or Umrah visas, as well as with a UK, US, or Schengen visa or residency in these countries. Furthermore, Indians interested in performing Umrah can obtain a stopover visa.

These measures have been specifically designed to provide Indian pilgrims with enhanced flexibility throughout their journey, particularly benefiting women embarking on independent Umrah trips. The changes aim to promote gender equality and create a safer and more inclusive environment, ensuring a more fulfilling and secure pilgrimage experience for all travelers.

The introduction of the “Tasheer” center is another significant initiative catering to Umrah pilgrims from India. This center offers expedited and seamless visa services, aligning with the goals of the Pilgrims Experience Program and Saudi Vision 2030. The establishment of the “Tasheer” center exemplifies the commitment of the Ministry of Hajj and Umrah to enhance the pilgrimage experience for all visitors to Saudi Arabia, regardless of their visa type.

The Indian community, consisting of approximately two million individuals, has made a profound impact on Saudi Arabia across various domains such as economics, social engagement, cultural enrichment, and academia. Their contributions have played a pivotal role in shaping the nation’s development and fostering cultural diversity and mutual understanding. Actively engaged in the country’s progress, the Indian community has contributed significantly to Saudi Arabia’s growth and integration.

The easing of visa rules and increase in dedicated flights for Indian Umrah pilgrims reflect Saudi Arabia’s commitment to facilitating and enhancing the experience of Indian Muslims undertaking this important spiritual journey.

Nepal police detain 10 over allegations they sent youths to Russian army

Kathmandu (Reuters) – Police in Nepal have detained 10 people they say charged unemployed youths huge amounts of money for travel visas, then sent them for illegal recruitment into the Russian army, an official said on Wednesday.

Nepal asked Moscow this week not to recruit its citizens into the Russian army, and to send any Nepali soldier in its armed forces back to the Himalayan nation after six of its citizens serving in Russia’s military were killed.

Kathmandu District Police chief Bhupendra Khatri said 10 people were in police custody after being detained over the past few days following tip-offs.

“We are discussing with the government lawyers about the case and will produce them to the court,” Khatri told Reuters. He did not say when they would appear in court.

Khatri said the detainees illegally charged each person up to $9,000 and sent them to Russia on “visit (tourist) visas”, mainly through the UAE. They were then recruited into the Russian army.

“It is a case of human smuggling … organised crime,” Khatri added.

The detainees could not be immediately reached for comment.

Nepal, which lies between China and India, has asked Russia, which invaded neighbouring Ukraine in February 2022 and has been engaged in a war since, to compensate the families of the Nepali citizens killed.

Nepali soldiers, called Gurkhas, are known for their bravery and fighting skills and have been serving the British and Indian armies after the independence of India in 1947 under an agreement among the three countries. There is no such agreement with Russia.

Millions of Nepalis are employed in civilian work – mainly as labourers in industries and construction sites – in South Korea, Malaysia and the Middle East.