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Israeli forces storm Gaza’s Khan Younis, hospitals overrun

Gaza (Reuters) – Israeli forces launched their storm of the main city in the southern Gaza Strip on Tuesday, where hospitals were overrun with scores of Palestinian wounded and dead.

In what appeared to be the biggest ground assault since a truce collapsed last week, residents said Israeli tanks had entered the eastern parts of Khan Younis for the first time, crossing from the Israeli border fence and advancing west.

Some took up positions inside the town of Bani Suhaila on Khan Younis’ eastern outskirts, while others continued further and were stationed on the edge of a Qatari-funded housing development called Hamad City, residents said.

The Israelis, who seized the northern half of Gaza last month before pausing for the week-long truce, say they are now extending their ground campaign to the rest of the enclave to fulfill their objective of annihilating its Hamas rulers.

“We’re moving ahead with the second stage now. A second stage that is going to be difficult militarily,” government spokesperson Eylon Levy told reporters in a briefing.

Israel was open to “constructive feedback” on reducing harm to civilians as long as the advice is consistent with its aim of destroying Hamas, he said.

At Khan Younis’ main Nasser hospital, the wounded arrived by ambulance, car, flatbed truck and donkey cart after what survivors described as a strike that hit a school being used as a shelter for the displaced.

Inside a ward, almost every inch of floor space was taken up by the wounded, medics hurrying from patient to patient while relatives wailed.

A doctor carried the small limp body of a dead boy in a track suit and placed him in a corner, arms splayed across the blood-smeared tile. On the floor next to him, surrounded by discarded bandages and rubber gloves, lay a wounded boy and girl, their limbs tangled with the stands holding the IV drips in their arms.

Two young girls were being treated, still covered in dust from the collapse of the house that had buried their family.

“My parents are under the rubble,” sobbed one. “I want my mum, I want my mum, I want my family.”

Outside, men carried corpses in white and bloodied shrouds to be taken away for funerals. Around a dozen bodies lay on the ground. Five or six were taken away in a motorcycle cart.

Aisha al-Raqb, a 70-year-old woman, said her son Iyad was among the dead and held out a blood-stained hand.

“This is his blood. This is his precious blood. May Allah have mercy on his soul. My darling. I (want to) smell his scent, smell his scent, oh God, oh God,” she said.

Gaza health ministry spokesperson Ashra al-Qidra said at least 43 corpses had already reached Nasser hospital that morning, and dozens more were feared trapped under rubble or in locations unsafe for ambulances to recover them.

“Hospitals in the southern Gaza Strip are totally collapsing, they cannot deal with the quantity and quality of injuries that arrive at the hospitals,” he said.

Washington Urges Less Harm To Civilians

Washington has called on its close ally Israel to do more to reduce harm to civilians in the next phase of the Gaza war, which Israel launched in retribution for an Oct. 7 attack by Hamas fighters who rampaged through towns, killing 1,200 people and seizing 240 hostages according to Israel’s tally.

Israel’s unprecedented bombardment of the Gaza Strip has since driven 80% of its 2.3 million residents from their homes, most now crowding into the southern areas now in the firing line.

According to Gaza health officials deemed reliable by the United Nations, more than 15,800 people are confirmed dead, with thousands more missing and feared buried under rubble.

Israel says blame for harm to civilians falls on Hamas fighters who operate among them, including from tunnels below ground that can be destroyed only with huge bombs. Hamas denies this.

Since the truce collapsed, Israel has been posting an online map to tell Gazans which parts of the enclave to evacuate. The eastern quarter of Khan Younis was marked out on it on Monday, and is home to hundreds of thousands of people, many of whom took flight on foot.

“What civilians should do to stay safe is listen to the instructions that are coming out from our Twitter accounts, from our website, and also to look at the leaflets that are landing in their areas,” Israeli military spokesperson Richard Hecht told reporters on Tuesday.

Gazans say there is no safe place left to go, with remaining towns and shelters already overwhelmed. Israel has continued to bomb the areas where it is telling people to go, including the city of Rafah, next to the Egyptian border south of Khan Younis.

“The situation is getting worse by the hour,” Richard Peeperkorn, WHO representative in Gaza, told reporters via video link from southern Gaza. “There’s intensified bombing going on all around, including here in the southern areas, Khan Younis and even in Rafah.”

A decade after Mandela’s death, his pro-Palestinian legacy lives on

Johannesburg (Reuters) – Days after his release from 27 years in prison in February 1990, anti-apartheid icon Nelson Mandela gave Palestinian leader Yasser Arafat a bear hug, symbolising his embrace of a cause his country’s governing ANC party continues to champion.

It was a gesture as controversial then as South Africa’s support for the Palestinian cause is today, but Mandela brushed off criticism.

Arafat’s Palestine Liberation Organisation had been an unwavering supporter of Mandela’s struggle against white minority rule and many South Africans saw parallels between it and the Palestinian resistance to Israeli occupation.

“We were fortunate that with their support, we were able to achieve our freedom … My grandfather … said our freedom is incomplete without the Palestinian struggle,” his grandson Mandla Mandela recalled in an interview ahead of the 10th commemoration of Mandela’s death.

From Dec. 3 to 5 Mandla Mandela, who is also an ANC lawmaker, hosted a solidarity conference in Johannesburg for the Palestinians.

It was attended by members of Hamas, an organisation Israel has vowed to annihilate in retaliation for its Oct. 7 attack on southern Israel that killed 1,200 people and saw around 240 taken hostage, according to Israeli tallies.

Israeli bombing of Gaza since then has killed more than 15,500 people, according to Gaza’s Hamas-run government, and displaced more than three-quarters of the Strip’s 2.3 million population.

Hamas, sworn to Israel’s destruction, is labelled a terrorist organisation by Australia, Canada, the European Union, Israel, Japan and the United States.

Last month, the ruling ANC backed a motion in South Africa’s parliament to suspend diplomatic ties with Israel until it agreed to a ceasefire in Gaza.

“Land Annexed’

“Palestinians still do not enjoy fully their freedom on their land. And instead their land has been annexed more and more, something that we also faced in South Africa,” said the ANC’s deputy chair of international relations, Obed Bapela.

Israel has disputed the comparison with apartheid as a lie motivated by antisemitism, but many South Africans follow Mandela’s lead.

“That’s something that he (Mandela) never compromised on and nor should we,” poet and author Lebogang Mashile told Reuters.

Some in South Africa’s Jewish community criticise the ANC’s stance, pointing out that Mandela himself eventually tried to build bridges with Israel.

Historian and author of “Jewish Memories of Mandela”, David Saks, noted that Mandela was the only South African president to have visited Israel since 1994 – albeit only after he left office – and that “he received a rapturous welcome from the Israeli public,” addressing then-Prime Minister Ehud Barak and then-President Ezer Weisman as “my friends”.

“He pointed the way which things should have gone (diplomatically with Israel), but (they) didn’t go that way,” Saks said.

Gulf telcos Zain, Ooredoo and TASC to form $2.2 bln regional tower giant

Dubai (Reuters) – Kuwaiti telecoms firm Zain Group (ZAIN.KW), Qatar’s Ooredoo (ORDS.QA) and Dubai’s TASC Towers Holding said on Tuesday they had signed definitive agreements to combine their tower assets into a $2.2 billion entity in a cash-and-share deal.

Zain, Ooredoo and TASC in July had announced exclusive talks to create the Middle East and North Africa’s largest tower company, combining about 30,000 tower assets in Qatar, Kuwait, Algeria, Tunisia, Iraq and Jordan.

The new entity will have an estimated enterprise value of $2.2 billion through an “asset and cash equalisation process” between Zain and Ooredoo that would give both companies a 49.3% share.

TASC’s founders will retain the rest, the statements said, with the transaction expected to be completed in 2024, subject to all necessary regulatory approvals.

“(This deal) also positions the region as an advanced player in the global telecoms landscape, and we anticipate wide-ranging positive implications for the region – from economic growth and upgraded connectivity to technological improvements and increased global relevance,” executives from the three companies said.

The new tower entity is expected to achieve run-rate revenues close to $500 million annually, an Ooredoo statement added.

Zain said the transaction would have a positive impact on its operational growth but it could not determine the financial impact at this stage.

Barclays shares slip after major backer Qatar cuts stake

London (Reuters) – Barclays (BARC.L) shares opened 4.5% lower on Tuesday after one of the bank’s largest shareholders Qatar Holding moved to sell around 510 million pounds ($644 million) of its stock, cutting back on its crisis-era investment in the bank.

The sale was set to price at 141 pence per share, which was a discount of about 1.4% to Barclays’ closing share price on Monday, one of the banks acting on the deal said overnight.

Barclays was not immediately available for comment.

The share sale comes as Barclays embarks on a shake-up to cut costs and revive its share price, which has halved since Qatar first invested in 2008.

Barclays’ stock was last down 3.4% on the day at 138 pence and was set for its biggest one-day loss since Oct. 24.

Investors are parsing what the Qatari move means for Barclays CEO C. S. Venkatakrishnan and his executive team, just weeks before they are expected to unveil a new strategy to restore the bank’s flagging fortunes.

“The timing does look odd,” one institutional shareholder in Barclays told Reuters, adding that investors often traded “for reasons not necessarily related to the underlying security”.

“Let’s see what the strategy announcement brings in the new year,” the shareholder said.

Oil prices little changed amid OPEC+ cut doubts, Mideast tension

Beijing (Reuters) – Oil prices held steady on Tuesday amid uncertainty over voluntary output cuts by the OPEC+ group of producers, tensions in the Middle East and weak economic data from the U.S..

Brent crude futures inched up 14 cents to $78.17 a barrel by 0735 GMT, while U.S. West Texas Intermediate crude futures rose 15 cents to $73.19.

Comments by Saudi Arabia’s energy minister that OPEC+ production cuts could continue past the first quarter of 2024, if needed, lent some price support, said Kelvin Wong, senior market analyst for Asia pacific at OANDA.

Oil prices had declined on Monday on doubts that OPEC+ supply cuts would have a significant impact, and as a stronger U.S. dollar weighed on commodity prices in general, said CMC Markets analyst Tina Teng.

A stronger dollar typically makes oil more expensive for holders of other currencies.

The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, together known as OPEC+, agreed on Thursday to voluntary output cuts of about 2.2 million barrels per day (bpd) for the first quarter of 2024, led by Saudi Arabia rolling over its current voluntary cut.

At least 1.3 million bpd of those cuts, however, were an extension of voluntary curbs that Saudi Arabia and Russia already had in place.

Resumption of fighting in the Israel-Hamas war, however, stoked supply concern, as did attacks on three commercial vessels in international waters in the southern Red Sea.

Those incidents followed a series of attacks in Middle-Eastern waters since war broke out between Israel and Palestinian militant group Hamas on Oct. 7.

Data on Tuesday showed U.S. factory orders fell by more than analysts had expected in October and the most in over three years, raising concerns about the health of U.S. demand.

That bolstered the view the rise in interest rates was beginning to limit spending, analysts said.

Israel investigates possible trading knowledge ahead of Oct 7 Hamas attack

Jerusalem (Reuters) – Israeli authorities are investigating claims by U.S. researchers that some investors may have known in advance of a Hamas plan to attack Israel on Oct. 7 and used that information to profit from Israeli securities.

Research by law professors Robert Jackson Jr from New York University and Joshua Mitts of Columbia University found significant short-selling of shares leading up to the attacks, which triggered a war nearly two months old.

“Days before the attack, traders appeared to anticipate the events to come,” they wrote, citing short interest in the MSCI Israel Exchange Traded Fund (ETF) that “suddenly, and significantly, spiked” on Oct. 2 based on data from the Financial Industry Regulatory Authority (FINRA).

“And just before the attack, short selling of Israeli securities on the Tel Aviv Stock Exchange (TASE) increased dramatically,” they wrote in their 66-page report.

In response, the TASE referred Reuters to the Israel Securities Authority, which said: “The matter is known to the authority and is under investigation by all the relevant parties.”

A spokeswoman for the securities regulator did not elaborate, and Israeli police did not immediately comment.

The researchers said short-selling, in which investors expect the share price to fall, allowing it to be bought back at a lower price at a profit, prior to Oct. 7 “exceeded the short- selling that occurred during numerous other periods of crisis.”

That includes the recession following the financial crisis in 2008, the 2014 Israel-Gaza war, and the COVID-19 pandemic.

They wrote that for Leumi (LUMI.TA), Israel’s largest bank, 4.43 million new shares sold short over the Sept. 14 to Oct. 5 period yielded profits of 3.2 billion shekels ($862 million) on that additional short-selling.

“Although we see no aggregate increase in shorting of Israeli companies on U.S. exchanges, we do identify a sharp and unusual increase, just before the attacks, in trading in risky short-dated options on these companies expiring just after the attacks,” they said.

“Our findings suggest that traders informed about the coming attacks profited from these tragic events, and consistent with prior literature we show that trading of this kind occurs in gaps in U.S. and international enforcement of legal prohibitions on informed trading.”

The professors referred to patterns in early April when it was reported that Hamas was initially planning its attack on Israel. “Short volume in EIS (the MSCI Israel ETF) peaked on April 3 at levels very similar to those observed on Oct. 2, and was far higher by an order of magnitude than other days prior to April 3,” they said.

The story of the new study was first reported on Israel’s financial news website The Marker.

Israel considers flooding Gaza tunnels with seawater- WSJ

(Reuters) – Israel has assembled a large system of pumps that may be used to flood tunnels used by militant group Hamas under the Gaza strip in a bid to drive out fighters, the Wall Street Journal reported on Monday, citing U.S. officials.

Around the middle of November, Israel’s army completed the set-up of at least five pumps about a mile north of the Al-Shati refugee camp that could move thousands of cubic meters of water per hour, flooding the tunnels within weeks, the report said.

It was not clear whether Israel would consider using the pumps before all hostages were released, according to the story. Hamas has previously said it has hidden captives in “safe places and tunnels.”

Reuters could not verify the details of Monday’s report.

When asked about the story, a U.S. official said it made sense for Israel to render the tunnels inoperable and that the country was exploring a range of ways to do that.

Israel’s defense ministry did not immediately respond to a request for comment.

The Wall Street Journal said an Israel Defense Forces (IDF) official declined to comment on the flooding plan but was quoted as saying: “The IDF is operating to dismantle Hamas’s terror capabilities in various ways, using different military and technological tools.”

Israel first informed the United States of the option last month, the Wall Street Journal said, reporting that officials did not know how close Prime Minister Benjamin Netanyahu’s government was to carrying out the plan.

Israel has not made a final decision to go ahead or rule it out, the officials were cited as saying.

Israel intensifies southern Gaza offensive; US, UN urge civilian protections

Gaza (Reuters) – Israeli forces pressed ahead with their air and ground bombardment of southern Gaza Strip, killing and wounding dozens of Palestinians, even as the United States and the United Nations repeatedly urged them to protect civilians.

Asked on Monday about the mounting death toll since a truce collapsed between Israel and Hamas on Friday, Israel’s closest ally the United States said it was too soon to say whether Israel was doing enough to protect civilians and that it expected Israel not to strike zones it has identified as safe.

Residents and journalists on the ground said the intense Israeli air strikes in the south of the densely populated coastal enclave included areas where Israel had told people to seek shelter.

At the United Nations, Secretary-General Antonio Guterres appealed to Israel to avoid further action that would make the already dire humanitarian situation in Hamas-run Gaza worse, and to spare civilians from more suffering.

“The Secretary-General is extremely alarmed by the resumption of hostilities between Israel and Hamas… For people ordered to evacuate, there is nowhere safe to go and very little to survive on,” U.N. spokesperson Stephane Dujarric said.

Israel largely captured the northern half of Gaza in November, and since a week-long truce collapsed on Friday they have swiftly pushed deep into the southern half.

Hamas ally Islamic Jihad’s armed wing said its fighters engaged in fierce clashes with Israeli soldiers north and east of Khan Younis, Gaza’s main southern city.

Israeli tanks have driven into Gaza across the border and cut off the main north-south route, residents said. The Israeli military said the central road out of Khan Younis to the north “constitutes a battlefield” and was now shut.

Israel on Tuesday said three of its soldiers had died in combat in Gaza on Monday, in what Army Radio described as a day of fierce battles with Hamas fighters. Seventy-eight soldiers have died in Gaza since the start of the military’s ground invasion.

Israel launched its assault to wipe out Hamas in retaliation for an Oct. 7 cross-border attack by Hamas gunmen on border towns, kibbutzim and a music festival. The militants killed 1,200 people and seized 240 hostages, according to Israeli tallies – the deadliest single day in Israel’s 75-year history.

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

Philippe Lazzarini, who heads the UN agency for Palestinian refugees in Gaza (UNRWA), said the resumption of Israel’s military operation was repeating “horrors from past weeks” by displacing people who had been previously displaced, overcrowding hospitals and further strangling the humanitarian operation due to limited supplies.

“We have said it repeatedly. We are saying it again. No place is safe in Gaza, whether in the south, or the southwest, whether in Rafah or in any unilaterally so-called ‘safe zone’,” he said.

The Director General of the World Health Organisation (WHO), Tedros Adhanom Ghebreyesus, reiterated calls for Israel to protect civilians and civilian infrastructure including hospitals.

“WHO received notification from the Israel Defense Forces that we should remove our supplies from our medical warehouse in southern Gaza within 24 hours, as ground operations will put it beyond use,” he posted on X, formerly known as Twitter, on Monday.

Displaced In Overcrowded Enclave

As many as 80% of Gaza’s 2.3 million people have already fled their homes in the eight weeks of war that has wrought devastation across the overcrowded enclave.

On Monday, Israel ordered Palestinians to leave parts of Khan Younis, indicating they should move towards the Mediterranean coast and towards Rafah, a town near the Egyptian border.

Desperate Gazans in Khan Younis packed their belongings and headed towards Rafah. Most were on foot, walking past ruined buildings in a solemn and silent procession.

In Washington, a State Department spokesperson said it was an “improvement” that Israel was seeking evacuations in targeted areas as opposed to entire cities.

U.S. National Security Advisor Jake Sullivan said Washington expected Israel to avoid attacking areas identified as “no-strike” zones in Gaza.

He said the U.S. had discussed with Israel how long the war with Hamas should continue, but he declined to share that timeline.

A senior Israeli official said it was taking the time to order more precise evacuations in order to limit civilian casualties, but that Israel could not rule them out altogether.

“We did not start this war. We regret civilian casualties but when you want to face evil, you have to operate,” the official said.

Over 100 of the hostages seized by Iran-backed Hamas were freed during a seven-day truce last month. Israeli authorities say seven civilians and an army colonel died in captivity, while 137 hostages remain in Gaza.

The Gazan health ministry says about 900 Palestinians have been killed since the truce ended on Friday.

Israel accuses Hamas of putting civilians in danger by operating from civilian areas, including in tunnels which can only be destroyed by large bombs. Hamas denies it does so.

The Wall Street Journal reported on Monday, citing U.S. officials, that Israel had assembled a system of pumps that could be used to flood Hamas tunnels.

It was not clear whether Israel would consider using the pumps before all hostages were released, according to the story.

In the West Bank, Israeli forces killed one Palestinian man and critically wounded another person in different areas on Tuesday, the Ramallah-based health ministry said.

In boost for Modi, BJP sweeps polls in three Indian states

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Reuters

BJP members and supporters burst firecrackers, distributed sweets and danced in the streets in the three states.

India’s ruling nationalist Bharatiya Janata Party (BJP) on Sunday won regional votes in three out of four major states, in a big boost for Prime Minister Narendra Modi ahead of a national election due by May.

The central states of Rajasthan, Madhya Pradesh and Chhattisgarh, and the southern state of Telangana, voted last month in the last set of provincial elections before the national poll, in which Modi will seek a third term.

BJP comfortably won Rajasthan and Chhattisgarh from the main opposition Congress and retained Madhya Pradesh, vote-counting data from the independent election panel showed.

BJP’s performance was better than widely expected as opinion and exit polls had suggested a close contest between Modi’s party and Congress.

Modi remains widely popular after a decade in power and surveys suggest he will win again next year. However, a 28-party opposition alliance led by the Congress has come together to jointly fight the BJP, posing a renewed challenge.

But the alliance did not feature in the state polls due to internal rivalries and it was a direct contest between BJP and Congress.

Although Congress won Telangana, its second victory in the south this year, Sunday’s outcome is seen as a setback. The four states are home to more than 160 million voters and account for 82 seats in the 543-member parliament.

“We always said we will win the heartland states,” BJP President Jagat Prakash Nadda told Reuters. “The results are the outcome of our finest political strategy and work on the ground.”

BJP members and supporters burst firecrackers, distributed sweets and danced in the streets in the three states.

Modi told jubilant BJP members at the party headquarters the results suggested a third term next year was guaranteed.

“The results … indicate that the people of India are firmly with politics of good governance and development, which the BJP stands for,” Modi posted on X.

Congress Disappointed

BJP had suffered a setback itself when it lost the big southern state of Karnataka to Congress this year, as Gandhi worked hard to revive the party since its drubbing in the 2019 election and went on a 135-day march across the country covering more than 4,000 km (2,500 miles).

He also helped build the opposition alliance, called the Indian National Developmental Inclusive Alliance or INDIA, after the Karnataka victory and his temporary disqualification from parliament after being convicted in a defamation case.

Gandhi posted on X “the battle of ideology will continue”.

Congress president Mallikarjun Kharge said the party should not get “disheartened by this defeat” and should start preparing for the general elections with INDIA parties with “double enthusiasm”.

Modi and leaders of Congress, led by Gandhi, criss-crossed the states, addressing campaign rallies and promising cash payouts, farm loan waivers, subsidies and insurance cover, among other incentives, to woo voters.

Politicians and analysts say state elections do not always influence the outcome of the general elections or accurately indicate national voter mood.

Results of the last round of state elections before national elections have been misleading in the past.

Sunday’s outcome is, however, expected to boost market sentiment.

“Markets may have had a whiff of the likely results given the gains last week but the margin of victory will be a surprise,” said Gurmeet Chadha, managing partner at asset management firm Complete Circle.

Markets should gain on Monday on the results, he said, adding it could be a “big move”.

The small northeastern state of Mizoram also voted last month and votes there are due to be counted on Monday.

Palestinian media says at least 50 killed in Israeli air strike in north Gaza

Gaza (Reuters) – The official Palestinian news agency said at least 50 people were killed on Monday in an Israeli air strike that hit two schools sheltering displaced people in the north of the Gaza Strip.

The reported attack took place as Israeli bombs also rained down on southern areas of the enclave and Israeli troops and tanks pressed a ground campaign against Hamas militants in that sector.

The strike hit the Daraj neighbourhood in Gaza City, the WAFA agency said. It was not immediately possible to verify the report independently, and a spokesperson for the Israeli army said it was looking into the report.

It came as Gaza’s health ministry said that at least 15,899 Palestinians, 70% of them women or under 18s, have now been killed in Israeli air and artillery strikes on the enclave since Oct. 7. Thousands more are missing and feared buried in rubble.

Earlier on Monday, Israel ordered Palestinians to leave parts of Gaza’s main southern city, Khan Younis. But residents said that areas which they had been told to go to were also coming under fire.

Israel’s military posted a map on social media platform X on Monday morning with around a quarter of Khan Younis marked off in yellow as territory that must be evacuated at once.

Three arrows pointed south and west, telling people to head towards the Mediterranean coast and towards Rafah, a major town near the Egyptian border.

Desperate Gazans in Khan Younis packed their belongings and headed towards Rafah. Most were on foot, walking past ruined buildings in a solemn and silent procession.

But the head of the United Nations agency for Palestinian refugees in Gaza (UNWRA), Thomas White, said people in Rafah were themselves being forced to flee.

“People are pleading for advice on where to find safety. We have nothing to tell them,” he said on X.

Israel launched its assault to wipe out Hamas, which rules Gaza, in retaliation for an Oct. 7 cross-border attack by its gunmen. They killed 1,200 people and seized 240 hostages, according to Israeli tallies.