Turkey seeks global funding help to gird against lira shock

Treasury and central bank officials have held bilateral talks in recent days with counterparts from Japan and the UK on setting up currency swap lines. (Reuters/File Photo)
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Updated 14 May 2020
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Turkey seeks global funding help to gird against lira shock

  • Cevdet Yilmaz, the ruling AK Party's deputy chairman for foreign affairs, confirmed on Thursday that Turkey was seeking swap agreements

ANKARA: Turkey's government has appealed to foreign allies in an urgent search for funding, three senior Turkish officials said, as it prepares defences against what analysts fear could be a second currency crisis in as many years.

Treasury and central bank officials have held bilateral talks in recent days with counterparts from Japan and the UK on setting up currency swap lines, and with China on expanding existing facilities, the officials said.

Cevdet Yilmaz, the ruling AK Party's deputy chairman for foreign affairs, confirmed on Thursday that Turkey was seeking swap agreements.

"We are having negotiations with different central banks for swap opportunities," he told a panel discussion, adding: "It is not only the U.S., there are also other countries."

He did not give further details.

The push comes after the lira hit a historic low last week, limiting Ankara's capacity to address concerns over its depleted foreign reserves and hefty debt obligations.

One of the officials told Reuters Turkey was feeling confident after the talks. But it was unclear how close it may be to securing any deals as the coronavirus pandemic stretches governments and central banks like never before.

Turkey's Treasury ministry, Japan's finance ministry and the Bank of England declined to comment. The People's Bank of China did not respond to a faxed request for comment.

If Turkey cannot secure tens of billions of dollars worth of funding, analysts say it risks a currency spiral https://tmsnrt.rs/2L5ks0o similar to 2018, when the lira briefly shed half its value in a crisis that shook emerging markets.

The government has said its forex buffer is adequate. This week, President Tayyip Erdogan blamed the lira's fall on "those who think they can destroy our economy, put shackles on our feet, corner us by using financial institutions abroad".

The diplomatic effort comes as the coronavirus pandemic is expected to trigger a recession.

It suggests Turkey is looking beyond its preferred source of funding, the U.S. Federal Reserve, and may have to consider tougher decisions on interest rates or options it has dismissed, such as IMF assistance or capital controls, investors say.

The two other officials said Turkey reached out to Japanese representatives about possible funding, with one adding that talks need to be speeded up if a swap line is to be secured.

The Turkish central bank's net foreign currency reserves tmsnrt.rs/3bOJYmo have dropped to $26 billion from $40 billion this year. Bankers say that was largely due to state lenders selling some $30 billion in FX markets to support the lira, which has nonetheless fallen 15% this year.

The country’s 12-month foreign debt obligations are $168 billion, with about half due by August, while disappearing tourism income has inflated its monthly current account deficit to nearly $5 billion.

“I don’t really see how Turkey can navigate this period, especially considering their external vulnerabilities,” said Shamaila Khan, director of emerging markets debt at AllianceBernstein in New York.

Turkey has underestimated its risks “unfortunately for months now” said Khan, who was among hundreds of investors on a conference call with Finance Minister Berat Albayrak last week.

On the call, Albayrak said reserves are adequate and he was optimistic about negotiating new funding with fellow G20 nations and trade partners, according to participants and a brief ministry summary.

He singled out countries with whom Turkey has large trade deficits and promised an update to existing swap lines, one investor said. Turkey has currency swap facilities worth $1.7 billion with China and $5 billion with Qatar.

The Fed extended dollar swap lines to several countries in March but it appears unlikely to add Turkey despite Ankara’s appeal to Washington, based on comments from current and former officials. The U.S. central bank declined to comment.

A Japanese government official said Tokyo has no plan for now beyond monitoring the lira, but added the Group of Seven (G7) countries or the International Monetary Fund would rescue Turkey “if it morphs into a real crisis.”


‘Constant terror’ in key Darfur city as fighting closes in

Updated 09 May 2024
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‘Constant terror’ in key Darfur city as fighting closes in

  • Experts have warned Sudan is at risk of breaking apart

PORT SUDAN: Sudanese shop owner Ishaq Mohammed has been trapped in his home for a month, sheltering from violence in El-Fasher, the last major city in the country’s vast Darfur region not under paramilitary control.
For more than a year, Sudan has suffered a war between the army, headed by the country’s de facto leader Abdel Fattah Al-Burhan, and the paramilitary Rapid Support Forces (RSF), commanded by his former deputy Mohamed Hamdan Dagalo.
Experts have warned the northeast African country is at risk of breaking apart.
According to the United Nations, Sudan “is experiencing a humanitarian crisis of epic proportions,” with famine threatening and more than 8.7 million people uprooted — more than anywhere else in the world.
Among the war’s many horrors, Darfur has already seen some of the worst. Now, experts and residents are bracing for more.
“We’re living in constant terror,” Mohammed told AFP by telephone, as the UN, world leaders and aid groups voice fears of carnage in the North Darfur state capital of 1.5 million people.
“We can’t move for the bombardments,” Mohammed said.
The RSF has seized four out of five state capitals in Darfur, a region about the size of France and home to around one quarter of Sudan’s 48 million people.
“We’re under a total siege,” another resident, Ahmed Adam, told AFP in a text message that got through despite a near-total communications blackout in Darfur.
“There’s no way in or out of the city that’s not controlled by the RSF,” he said.
For months, El-Fasher was protected by a fragile peace.
But unrest has soared since last month when the city’s two most powerful armed groups — which had helped to keep the peace there — pledged to fight alongside the army.
Since then, El-Fasher and the surrounding countryside have seen “systematic burning of entire villages in rural areas, escalating air bombardments... and a tightening siege,” according to Toby Harward, the UN’s deputy humanitarian coordinator for Sudan.
At least 23 communities in North Darfur have been burned in apparent arson, Yale University’s Humanitarian Research Lab found in a report last week.
The war’s overall death toll, however, remains unclear, a factor “that captures just how invisible and horrific this war is,” Tom Perriello, US special envoy for Sudan, told a congressional committee on May 1.
While figures of 15,000-30,000 have been mentioned, “some think it’s at 150,000,” Perriello said.
UN experts reported up to 15,000 people killed in the West Darfur capital El-Geneina alone.
Members of the non-Arab Massalit ethnic group in El-Geneina last year were targeted for killing and other abuses by the RSF and allied militias, forcing an exodus to neighboring Chad, which the UN says is hosting more than 745,000 people from Sudan.
The International Criminal Court, currently investigating ethnic-based killings primarily by the RSF in Darfur, says it has “grounds to believe” both sides are committing atrocities in the war.
As El-Fasher is home to both Arab and African communities, an all-out battle for control of the city causing massive civilian bloodshed “would lead to revenge attacks across the five Darfur states and beyond Darfur’s borders,” said Harward.
In late April, United States ambassador to the UN Linda Thomas-Greenfield warned that El-Fasher “is on the precipice of a large-scale massacre.”
Eyewitnesses report fighting “is now inside” the nearby Abu Shouk camp, established 20 years ago for people displaced by ethnic violence committed by the Janjaweed militia, which led to ICC war crimes charges.
The Janjaweed later evolved into the RSF.
“Everyone who hasn’t managed to leave is trapped at home,” camp resident Issa Abdelrahman told AFP.
“People are running out of food, and no one can get to them.”
According to UN experts, the RSF has repeatedly besieged and set fire to villages and displacement camps in Darfur.
Their siege of El-Fasher has halted aid convoys and commercial trade, Harward said.
Shortages have also hit the El-Fasher Southern Hospital — the city’s only remaining medical facility, where personnel are “completely exhausted,” a medical source told AFP.
Requesting anonymity for fear of both sides’ well-documented targeting of medics, the source said “some doctors haven’t left the hospital in over a month,” tirelessly treating gunshot wounds, bombardment injuries and child malnutrition.
The Darfur region was already facing widespread hunger, but now “people are resorting to consuming grass and peanut shells,” according to Michael Dunford, the World Food Programme’s regional director for Eastern Africa.
Yet it is difficult for them to flee.
UNICEF Executive Director Catherine Russell said encirclement of El-Fasher by armed groups and restrictions on movement along key roads “are limiting families from leaving.”
Early this year the RSF declared victories across Sudan, but the army has since mounted defenses in key locations.
The RSF has for months threatened an attack on El-Fasher but has held off, in large part due to the locally brokered truce.
They also seem to have been deterred by “heightened international demands and warnings,” according to Amjad Farid, a Sudanese political analyst and former aide to ex-civilian prime minister Abdalla Hamdok.
But these warnings are “falling on deaf ears,” Harward says.
With the US having announced an imminent resumption of peace talks in Saudi Arabia, Farid said the RSF has focused anew on El-Fasher.
“These are negotiations the militia cannot enter from a position of weakness,” Farid told AFP.


Palestinians flee chaos and panic in Rafah after Israel’s seizure of border crossing

Updated 09 May 2024
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Palestinians flee chaos and panic in Rafah after Israel’s seizure of border crossing

  • The main hospital has shut down, leaving little care for people suffering from malnutrition, illnesses and wounds
  • Rafah had 250,000 residents before the war. Its population had ballooned to some 1.4 million as people from across Gaza fled there

RAFAH, Gaza Strip: Tens of thousands of displaced and exhausted Palestinians have packed up their tents and other belongings from Rafah, dragging families on a new exodus.

The main hospital has shut down, leaving little care for people suffering from malnutrition, illnesses and wounds.
And with fuel and other supplies cut off, aid workers have been scrambling to help a population desperate after seven months of war.
As the possibility of a full-scale invasion looms, Gaza’s overcrowded southernmost city has been thrown into panic and chaos by Israel’s seizure of the nearby border crossing with Egypt.
Families uprooted multiple times by the war were uncertain where to go: to the half-destroyed city of Khan Younis, to points even farther north, or to an Israeli-declared “humanitarian zone” in Gaza already teeming with people with little water or supplies?
The past three days, streams of people on foot or in vehicles have jammed the roads out of Rafah in a confused evacuation, their belongings piled high in cars, trucks and donkey carts. All the while, Israeli bombardment has boomed and raised palls of smoke.
“The war has caught up with us even in schools. There is no safe place at all,” said Nuzhat Jarjer. Her family packed on Wednesday to leave a UN school-turned-shelter in Rafah that was rapidly emptying of the hundreds who had lived there for months.
Rafah had 250,000 residents before the war. Its population had ballooned to some 1.4 million as people from across Gaza fled there. Nearly every empty space was blanketed with tent camps, and families crammed into schools or homes with relatives. Like the rest of Gaza’s population, they have been largely reliant on aid groups for food and other basics of life.
Israel on Monday issued evacuation orders for eastern parts of the city, home to some 100,000. It then sent tanks to seize the nearby Rafah crossing with Egypt, shutting it down.

Israeli army tanks take position in southern Israel near the border with the Gaza Strip on May 7, 2024, ahead of an offensive. (AFP)

It remains uncertain whether Israel will launch an all-out invasion of Rafah as international efforts continue for a ceasefire. Israel has said an assault on Rafah is crucial to its goal of destroying Hamas after the militant group’s Oct. 7 attack on southern Israel that left 1,200 dead and 250 as hostages in Gaza.
The United States, which opposes a Rafah invasion, has said Israel has not provided a credible plan for evacuating and protecting civilians. The war has killed over 34,800 Palestinians, according to Gaza health officials, and has driven some 80 percent of Gaza’s population of 2.3 million Palestinians from their homes.
For now, confusion has reigned. Fearing a greater assault, Palestinians fled districts other than the eastern areas they were ordered to leave. Tens of thousands are estimated to have left, according to a UN official who spoke on condition of anonymity because agencies were still trying to determine precise figures.
Tent camps in some parts of Rafah have vanished, springing up again further north along main roads. New camps have filled streets, cemeteries and the beach in the central Gaza town of Deir Al-Balah, 15 kilometers (10 miles) north, as people flowed in, said Ghada Alhaddad, who works there with the aid group Oxfam, speaking to a briefing by several humanitarian workers.

Displaced Palestinians arrive in central Gaza after fleeing from the southern Gaza city of Rafah in Deir al Balah, Gaza Strip, on May 7, 2024. (AP)

Others made their way to Khan Younis, much of which was destroyed in a months-long Israeli ground assault.
Suze van Meegen, head of operations for the Norwegian Refugee Council in Palestine, said the Rafah district where she is based “feels like a ghost town.”
The Israeli military told those evacuating to go to a “humanitarian zone” it declared in Muwasi, a nearby rural area on the Mediterranean coast. The zone is already packed with some 450,000 people, according to the UN Few new facilities appear to be prepared, despite the military’s announcements that tents, medical centers and food would be present.
The ground is covered in many places with sewage and solid waste, since there are few sanitation facilities, aid workers say. Clean water is lacking and dehydration is a major problem, with temperatures some days already reaching 100 degrees Fahrenheit (38 Celsius).
The water quality is “horrifically bad. We tested some of the water and the fecal content … is incredibly high,” said James Smith, a British emergency doctor volunteering at the European General Hospital in nearby Khan Younis. Acute jaundice is rampant — and probably caused by hepatitis, but there’s no capabilities to test, he said.
The newly arrived struggle to find tents because of an extreme shortage among aid groups.
Before his family left Rafah to the zone, Iyad Al-Masry said he had to sell food received from aid groups to buy a tent for the equivalent of nearly $400.
His family set up their tent in Muwasi, smoothing the dirt ground before setting down a cradle to rock an infant in. Al-Masri said he has been searching for water and can’t afford the three shekels — a little less than $1 — that sellers charge for a gallon of drinking water.
“We want to eat … We are just waiting for God’s mercy,” he said.
Nick Maynard, a surgeon with Medical Aid for Palestinians who left Gaza on Monday, said two teenage girls who had survivable injuries died last week because of complications from malnutrition.
“They get this vicious cycle of malnutrition, infection, wounds breaking down, more infection, more malnutrition,” said Maynard.
The number of children in Rafah who have lost one or more limbs is “staggering,” said Alexandra Saieh from Save The Children. “These people cannot just pick up and relocate.”

Rafah’s main Youssef Al-Najjar Hospital evacuated on Tuesday. Smith said staff and patients rushed out even though they weren’t under evacuation orders because they feared Israeli troops would raid, just as they did hospitals in northern Gaza and Khan Younis, which were left decimated.
Israel claims Hamas used the hospitals for military purposes, an accusation Hamas and Gaza health officials deny.
Israeli tank shells Wednesday hit about 300 meters (yards) from the Kuwaiti Hospital, one of the few facilities still operating, and wounded several children, according to hospital officials.
The closure of Rafah crossing and the nearby Kerem Shalom crossing from Israel has cut off the entry of food, supplies, and fuel for aid trucks and generators. Aid groups warn they have only a few days of fuel before humanitarian operations and hospitals around Gaza begin to shut down.
Israel said Wednesday it reopened Kerem Shalom, which was shut after Hamas mortars killed four Israeli soldiers nearby, but aid groups said no trucks were entering the Gaza side. Trucks let through from Israel must be unloaded and the cargo reloaded onto trucks in Gaza, but no workers in Gaza can get to the facility to do so because it is too dangerous, the UN says.


Palestinian workers trying to reach the border crossing Wednesday were shot at, and several were wounded, the Israeli military said. It did not specify who opened fire but said it was investigating. Hamas also shelled in the area of Kerem Shalom on Wednesday, saying it was targeting nearby troops.
The UN’s World Food Program has been cut off from its Gaza food warehouse near the Rafah crossing, its deputy executive director Carl Skau said. It procured another warehouse in Deir Al-Balah, but it’s empty until crossings reopen, he said.
Van Meegen, of the Norwegian Refugee Council, said without more supplies, “how do we even begin to prioritize the dribble of humanitarian aid we have here when almost every single person is being forced to depend on it?”
 


Biden says US will withhold weapons from Israel if it invades Rafah

Updated 09 May 2024
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Biden says US will withhold weapons from Israel if it invades Rafah

  • US president admits Israel used American weapons to kill civilians

President Joe Biden on Wednesday publicly warned Israel for the first time that the US would stop supplying it weapons if Israeli forces make a major invasion of Rafah, a refugee-packed city in southern Gaza.
“I made it clear that if they go into Rafah ..., I’m not supplying the weapons that have been used historically to deal with Rafah, to deal with the cities – that deal with that problem,” Biden said in an interview with CNN.
Biden’s comments represent his strongest public language to date in his effort to deter an Israeli assault on Rafah while underscoring a growing rift between the US and its strongest ally in the Middle East.
Biden acknowledged US weapons have been used by Israel to kill civilians in Gaza, where Israel has mounted a seven-month-old offensive aimed at annihilating Hamas. Israel’s campaign has so far killed 34,789 Palestinians, mostly civilians, the Gaza Health Ministry said.
“Civilians have been killed in Gaza as a consequence of those bombs and other ways in which they go after population centers,” he said when asked about 2,000-pound bombs sent to Israel.
Israel this week attacked Rafah, where more than one million Palestinians have sought refuge, but Biden said he did not consider Israel’s strikes a full-scale invasion because they have not struck “population centers.”
A senior US official, speaking on condition of anonymity, said Washington had carefully reviewed the delivery of weapons that might be used in Rafah and as a result paused a shipment consisting of 1,800 2,000-pound (907-kg) bombs and 1,700 500-pound bombs.
The interview was released hours after Defense Secretary Lloyd J. Austin III acknowledged publicly Biden’s decision last week to hold up the delivery of thousands of heavy bombs was taken out of concern for Rafah, where Washington opposes a major Israeli invasion without civilian safeguards.
Israel’s campaign in Gaza was triggered by Hamas ‘ Oct. 7 attack on Israel. That killed about 1,200 people with about 250 others abducted, of whom 133 are believed to remain in captivity in Gaza, according to Israeli tallies.
Biden said the US would continue to provide defensive weapons to Israel, including for its Iron Dome air defense system.
“We’re going to continue to make sure Israel is secure in terms of Iron Dome and their ability to respond to attacks that came out of the Middle East recently,” he said. “But it’s, it’s just wrong. We’re not going to – we’re not going to supply the weapons and artillery shells.”


Hezbollah counts the cost of prolonged conflict with Israel in south Lebanon

Updated 08 May 2024
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Hezbollah counts the cost of prolonged conflict with Israel in south Lebanon

  • Since hostilities began after Oct. 7, scores of Hezbollah fighters and commanders have been killed in Israeli strikes
  • Observers say Hezbollah could lose support in south Lebanon over failure to protect and compensate civilians

BEIRUT: Israel claims its forces have eliminated half of Hezbollah’s commanders in southern Lebanon in a series of targeted strikes since the two sides began trading fire in the wake of the Oct. 7 Hamas-led attack on southern Israel.

Hezbollah has acknowledged it is “facing a war led by artificial intelligence,” with its secretary-general, Hassan Nasrallah, urging members near the border to avoid using cell phones and the internet, as these devices could be used to track targets.

“The Israelis take advantage of all modern technologies, social networking sites, and information warfare, carrying out new types of operations through systematic destruction and access to cadres and fighters who are influential to (Hezbollah’s) resistance,” Qassem Kassir, a political writer who specializes in Islamic movements, told Arab News.

An Israeli Air Force helicopter hovers over the border area with south Lebanon in northern Israel on February 28, 2024, amid ongoing cross-border tensions with Hezbollah. (AFP File Photo)

While Hezbollah has no doubt lost a significant number of fighters and commanders since the outbreak of hostilities, it also has what analysts have called “a deep bench,” capable of fighting a full-scale war.

Given Hezbollah’s demographic advantage and its formidable local support base, analysts express skepticism about whether Israel can achieve its goal of pushing Hezbollah north of the Litani River in Lebanon.

“Today, Hezbollah is fighting a new battle, whether via direct confrontations, which is different from their traditional hit-and-run or guerrilla warfare tactics, or in terms of the quality of weapons and various capabilities that develop day after day,” said Kassir.

Nevertheless, Hezbollah’s ongoing war of attrition with Israel has produced an unexpected psychological, social, and military reality in southern Lebanon, which could cost it dearly if the conflict continues or escalates.

The majority of Lebanese deaths have been recorded on the southern front, with more than 438 noted by Lebanon’s Disaster Risk Management Unit. Most of these deaths are among military-aged males — fighters, rather than civilians.

According to a tally taken by the Associated Press, Israeli strikes have killed more than 350 people in Lebanon, most of them fighters with Hezbollah and allied groups, but also including more than 50 civilians.

village of Houla on March 6, 2024. The trio were killed a day earlier in Israeli bombardment. (AFP)

Meanwhile, strikes by Hezbollah have killed at least 10 civilians and 12 soldiers in Israel, and have forced authorities to evacuate civilians away from the border, fearing a possible raid akin to Oct. 7.

Despite its losses, Hezbollah says it has used only a fraction of its capabilities against Israel, with the bulk of its arsenal of drones, missiles, and other advanced weapons supplied by Iran held in reserve should the conflict escalate.

Kassir believes recent Israeli wins have barely made a dent in Hezbollah’s combat machinery, and that the militia has sufficient means and manpower to continue fighting for the long haul.

“The Israeli talk about Hezbollah’s defeat is a kind of psychological warfare,” he said. “Hezbollah can continue fighting. It has so far used only 10 percent of its capabilities and is ready for any battle.

Lebanese Hezbollah fighters stand near multiple rocket launchers during a press tour in the southern Lebanese village of Aaramta on May 21, 2023. (AFP)

While Hezbollah may be resilient enough to withstand current Israeli attacks, that says nothing of the communities along Lebanon’s southern border.

The daily exchange of fire has maimed and killed scores of civilians and caused significant damage to homes, businesses, farmland, and forests. Tens of thousands of residents have fled their towns and villages for the relative safety of the north.

Some analysts and observers believe support for Hezbollah could quickly wane if the civilian population continues to bear the brunt of these armed exchanges, or if the recent spate of setbacks undermines public confidence.

“There is no doubt that there has been a radical change in the perception of Hezbollah’s circumstances towards the power and deterrence that the party used to boast about,” Ali Al-Amin, editor of the Lebanese news site Janoubia, told Arab News

Mourners and family members attend the funeral of May Ammar and her son Ahmad Hnaiki on May 6, 2024, killed the previous day in an Israeli air strike on the southern Lebanese border village of Meis al-Jabal. The daily exchange of fire between Israel and Hezbollah has maimed and killed scores of civilians and caused significant damage to homes, businesses, farmland, and forests. (AFP)

Indeed, as the confidence the group once instilled in the Lebanese population after the 2006 war with Israel begins to dissipate, Al-Amin says Hezbollah may be losing its wider backing.

In particular, residents and business owners in the border regions, who previously built mansions and villas and invested heavily in tourism projects there, are now doubting Hezbollah’s promise to protect them and their assets.

“Hezbollah has not been able to protect this environment, and there is a rift between this environment and what is happening on the border,” said Al-Amin.

“In the villages where the displaced have taken refuge, there are questions such as: ‘Why did Israel manage to catch so many Hezbollah members and not the same in the Gaza Strip? Why were our homes destroyed and on the other side, the settlers’ homes are still standing and were not targeted by Hezbollah’s weapons, as is the case in the Lebanese Kafr Kila? Why does the enemy have so much accurate information about Hezbollah cadres and their movements and thus targets them?’”

Caption

Mindful of the reputational risks, Hezbollah has tried to stage-manage its image and conceal any perceived blunders.

“In the July 2006 war, there was a kind of contract between Nasrallah and his supporters which translated into blind trust in what he says,” said Al-Amin. “But, the scenes of destruction in the frontline villages are not allowed to be published in the media.

“This is because it would give the impression of an Israeli victory and that the rockets fired from Lebanon are for reconnaissance and not to harm, unlike Israel’s scorched-earth tactics for southern Lebanon.”  

Nonetheless, the militia’s failings have not gone unnoticed.

“Hezbollah is facing a crisis due to the length of the conflict and its losses, and because of its security weaknesses, which enabled Israel to assassinate its field commanders and fight a war of attrition,” Harith Suleiman, an academic and political writer, told Arab News.

Hezbollah protest in Beirut on October 13, 2023, after the assassination of Hezbollah top commander Imad Mughnieh by Israeli agents. (AFP)

“The Israeli side did not incur high political, human and military costs.”

Thus far, there has been little in the way of international condemnation concerning Israeli strikes on southern Lebanon. Western diplomatic efforts have instead focused on Hezbollah’s demilitarization and demands for its separation from the conflict in Gaza.

Western diplomats, primarily led by France, have brought forward a series of proposals for a cessation of hostilities between Israel and Hezbollah.

Most of these hinge on Hezbollah moving its forces several kilometers from the border, a beefed-up Lebanese Army presence, and negotiations for Israeli forces to withdraw from disputed points along the border.

The eventual goal is the full implementation of UN Security Council Resolution 1701 that brought an end to the month-long war between Israel and Hezbollah in 2006 and that stipulated the full withdrawal of Israeli forces from Lebanon, their replacement by Lebanese and UNIFIL forces, and the disarmament of Hezbollah.

Map of the border area between Lebanon and Israel. (AFP)

Hezbollah has signaled its willingness to entertain the proposals but has said there will be no deal in Lebanon before a ceasefire in Gaza. Israeli officials, meanwhile, have said a Gaza ceasefire does not automatically mean it will halt its strikes in Lebanon, even if Hezbollah does so.

“Hezbollah will accept the offered option to stop the confrontations in southern Lebanon and implement Resolution 1701,” said Suleiman.

However, Hezbollah’s acceptance of this agreement is contingent upon Israel’s acceptance of Egyptian-mediated deals with Israel, Suleiman added.

While life elsewhere in Lebanon continues as normal despite the armed exchanges in the south, discussions in the districts of Bint Jbeil, Tyre, and Nabatieh — just 5 km north of the border — are dominated by the question of who will compensate communities for their damaged homes, farms and businesses.

Smoke billows from the site of an Israeli airstrike on the southern Lebanese village of Khiam near the border on May 8, 2024, amid ongoing cross-border tensions between Israel and Hezbollah. Hezbollah has reportedly offered compensation for families whose houses had been destroyed in the conflict. (AFP)

This uncertainty over compensation and how long the conflict will last has the potential to fuel resentment.

“Hezbollah is currently offering a displaced person whose house was destroyed $40,000, or he must wait for the end of the war for Hezbollah to rebuild his house,” said Al-Amin.

There is a lack of clarity, however, as to how equally this compensation will be distributed.

“Does Hezbollah, for example, reconstruct mansions, including what are considered architectural masterpieces that cost hundreds of thousands of dollars, at a different cost than ordinary houses destroyed by the bombing?” said Al-Amin.

“Does the average citizen accept this unfairness in compensation? This is one of the issues that awaits Hezbollah and causes a rift between it and its supporters.”

 


US says Houthis targeted Gulf of Aden with four drones and missiles

Updated 08 May 2024
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US says Houthis targeted Gulf of Aden with four drones and missiles

  • The Yemeni militia launched 3 drones on Monday and an anti-ship ballistic missile on Tuesday; no ships were hit
  • Meanwhile, journalism organizations call on the Houthis to investigate attempted assassination of a Yemeni journalist on Tuesday

AL-MUKALLA: The US Central Command said the Houthi militia in Yemen launched three drones and one anti-ship ballistic missile at international commercial and naval ships in the Gulf of Aden on Monday and Tuesday.

The group launched three unmanned aerial vehicles from Yemen toward the Gulf of Aden on Monday. One of the drones was destroyed by US-led marine coalition ships, Central Command forces destroyed another, and the third went down in the sea, causing no damage, the US military said.

Early on Tuesday, the Houthis launched an anti-ship ballistic missile over the Gulf of Aden, but did not target navy or commercial ships in key maritime lanes near Yemen.

“It was determined that these weapons presented an imminent threat to both coalition forces and merchant vessels in the region,” the US Central Command said.

UK Maritime Trade Operations, which monitors attacks on vessels, received a report from a ship's master on Tuesday of two explosions close to the vessel off the coast of Yemen, near the southern city of Aden.

Yahya Sarea, a Houthi military spokesman who regularly confirms assaults on ships, has not claimed responsibility on behalf of the militia for any strikes since Friday.

In the past six months, the Houthis have sunk one ship, seized another and launched hundreds of ballistic missiles, drones and remotely controlled boats targeting international commercial and navy ships in waters off the coast of Yemen and in the Indian Ocean. The Houthis say their aim is to put pressure on Israel to end its war against Hamas in Gaza.

The US responded in January to the Houthi attacks by placing the group back onto its list of foreign terrorist organizations, from which it had been removed in February 2021, organizing a coalition of naval task forces to safeguard the Red Sea, and launching strikes against Houthi sites in Yemen.

Mahdi Al-Mashat, head of the Houthi Supreme Political Council, said during a live-fire drill in Sanaa on Tuesday that the US had offered incentives to the group in return for halting their attacks on shipping. However, he vowed attacks on ships linked to Israel would continues, along with efforts to seize control of the parts of Yemen that remain under government control.

“We will continue … until our country’s whole national territory is liberated, and the blockade and injustice placed on our people in Gaza are removed,” he said.

Meanwhile, local and international journalism organizations urged the Houthis to investigate the attempted assassination of a Yemeni journalist in Sanaa on Tuesday.

The Yemeni Journalist Syndicate said that Mohammed Shubaita, secretary-general of the organization and assistant secretary-general of the Federation of Arab Journalists, was shot in the leg and stomach and is being treated at a hospital in Sanaa. A relative who was with him was killed in the attack and another was wounded.

“The Journalists Syndicate strongly condemns this sinful attack and holds the de facto authority in Sanaa fully responsible for the safety of our colleague Mohammed Shubaita,” the organization said.

The International Federation of Journalists similarly denounced the assault and urged the Houthis to investigate the incident.

Anthony Bellanger, the federation’s general secretary, said: “The authorities must immediately open an investigation to clarify the circumstances of the heinous attack against our colleague Mohammed Shubaita and his relatives.

“Yemen is a hostile country for journalists where their safety is jeopardized, and the investigation must take into account Shubaita’s role as a journalist and union leader.”

In a message posted on social media platform X, Reporters Without Borders condemned the attack and called for a “full investigation into this heinous crime.”