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Israel To Begin Four-Hour ‘Pauses’ In Gaza, US Says

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US President Joe Biden addresses the nation on the conflict between Israel and Gaza and the Russian invasion of Ukraine from the Oval Office of the White House in Washington, DC, on October 19, 2023 (Photo by JONATHAN ERNST / POOL / AFP)

Israel has agreed to daily four-hour military pauses in northern Gaza for humanitarian purposes, the White House said Thursday, even as President Joe Biden said there was no chance of a full ceasefire.

Biden has been pressing Israeli Prime Minister Benjamin Netanyahu for longer breaks in the fighting after more than a month of war sparked by the October 7 attacks by Hamas.

White House National Security Council spokesman John Kirby said the pauses were “significant steps forward” as heavy fighting took hold of Gaza City in the north of the Gaza strip.

“Israel will begin to implement four-hour pauses in areas of northern Gaza each day, with an announcement to be made three hours beforehand,” Kirby told reporters.

“We’ve been told by the Israelis that there will be no military operations in these areas over the duration of the pause (and) that this process is starting today.”

The pauses would allow humanitarian aid to get into the area and allow civilians to flee the fighting, he said.

Israel had also opened up “humanitarian corridors” for the past few days that had already allowed “many thousands” of people to leave the worst-hit area of north Gaza to the south, Kirby added.

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“We would like to see pauses continue for as long as humanitarian assistance is needed,” he said.

– Downplayed by Israel –

But Israeli military spokesman Richard Hecht appeared to downplay the pauses.

“It’s not a shift,” he told reporters. “These are tactical local pauses for humanitarian aid, which are limited in time and area.”

Fighting has raged since gunmen from the Islamist group Hamas poured over the Gaza border with Israel and, according to Israeli officials, killed 1,400 people and seized about 240 hostages in the worst attack in the country’s history.

Vowing to destroy Hamas, Israel retaliated with an aerial bombing and ground offensive that the health ministry in the Hamas-run Gaza Strip says has killed more than 10,800 people, many of them children.

International calls for a ceasefire have mounted, as have protests, including one at the weekend which targeted the White House. However, Biden ruled out a longer truce for now.

“None. No possibility,” Biden told reporters when asked about the chances of a ceasefire.

He said he was “still optimistic” about freeing hostages — including the fewer than 10 US citizens held in Gaza. “We’re not going to stop until we get them out.”

He later confirmed that in a call with Netanayhu that “I’ve asked for a pause longer than three days”. When asked if he was frustrated with Netanyahu, he said, “it’s taken a little longer than I hoped.”

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The United States has firmly stood by key ally Israel since the attacks, saying that Hamas cannot be allowed to remain in control of Gaza.

But Washington has also been publicly calling on the Israeli military to obey the “laws of war” and avoid civilian casualties, while privately pushing Israel to scale back its offensive and to develop a plan for what comes next.

Biden visited Israel in October in a show of support. During the trip he announced that Egypt had agreed to open the Rafah crossing into southern Gaza to let aid trucks in.

Israel has pressed on with its offensive and has encircled northern Gaza in recent days. It said Thursday it had fought a 10-hour battle that toppled one of the Palestinian militants’ strongholds.

Biden has also warned Iran and its ally Hezbollah against widening the conflict, but repeated attacks on US forces by Tehran’s proxies in recent weeks have raised tensions.

Asked why US warplanes had carried out fresh strikes on an Iran-linked weapons facility in eastern Syria on Wednesday, Biden said “because they struck us” and said US forces would strike again “if we have to.”

 

 

 

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Senate Approves Tinubu’s $500m Loan for Power Sector Boost

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The Nigerian Senate has approved President Bola Tinubu’s $500 million loan request intended to bolster the operations of the Bureau of Public Enterprises (BPE) to enhance the financial and technical performance of electricity distribution companies, ultimately benefiting citizens.

The endorsement, announced on Tuesday, follows a thorough examination of the report presented by Senator Aliyu Wamakko, who heads the Senate Committee on Local and Foreign Debts overseeing the 2022 – 2024 External Borrowing (Rolling) Plan specifically for the Bureau of Public Enterprises (BPE).

During the presentation of the report, Senator Haruna Manu, serving as the Vice Chairman of the Committee, emphasised the importance for the Senate to duly receive and deliberate upon the report of the Committee on Local and Foreign Debts concerning the 2022 – 2024 External Borrowing (Rolling) Plan for the Bureau of Public Enterprises (BPE).

The $500 million loan constitutes a portion of the $7.94 billion loan originally requested by President Bola Tinubu on November 1st, 2023, within the framework of the 2022-2024 external borrowing plan. In addition to the $500 million, President Tinubu also sought approval for a €100 million loan.

However, during a special plenary session on December 30, the Senate greenlit the borrowing of $7.4 billion after careful consideration of the report furnished by the Committee on Local and Foreign Debt.

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Melinda Gates Resigns from Gates Foundation, Set to Receive $12.5 Billion

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In this file photo taken on September 26, 2018, Bill Gates and his ex-wife, Melinda Gates, introduce the goalkeepers event at the Lincoln Center in New York. Ludovic MARIN / AFP

Melinda French Gates announced Monday she was leaving the philanthropy mega foundation she established with her ex-husband, Microsoft co-founder Bill Gates.

The resignation, which becomes effective on June 7, will leave Bill Gates as the sole chair of one of the world’s most influential and powerful non-governmental organizations.

“After careful thought and reflection, I have decided to resign from my role as co-chair of the Bill & Melinda Gates Foundation,” Melinda French Gates wrote in a statement posted on social media.

The statement gave no reason for her departure, but noted that “under the terms of my agreement with Bill, in leaving the foundation, I will have an additional $12.5 billion to commit to my work on behalf of women and families.”

The couple married in 1994 but announced their divorce in 2021.

They had continued to co-chair the foundation which they established in 2001 with the vast wealth acquired through the success of Microsoft.

With a focus on child poverty and preventable diseases, the foundation has been heavily involved in fighting malaria and in providing toilets and sanitation in poorer parts of the world.

The foundation’s website says it has spent $53.8 billion since 2000, and claims the number of children around the world who die before their fifth birthday has halved in this time.

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Bill Gates thanked his ex-wife for her “critical contributions” to the organization.

“As a co-founder and co-chair Melinda has been instrumental in shaping our strategies and initiatives, significantly impacting global health and gender equality,” he said.

“I am sorry to see Melinda leave, but I am sure she will have a huge impact in her future philanthropic work.”

The organization’s chief executive, Mark Suzman, said its name would change to simply the Gates Foundation — it has been known as The Bill & Melinda Gates Foundation.

“I truly admire Melinda, and the critical role she has played in starting the foundation and in setting our values, she has played an essential role in all that we’ve accomplished over the past 24 years,” he said in a video posted to social media.

“I will miss working with her and learning from her. I look forward to seeing her continued impact.”

 

 

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EFCC calls on banks’ compliance officers to uphold confidentiality

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The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has urged Compliance Officers of Banks nationwide to refrain from unauthorised disclosure of EFCC’s investigative activities and requests made to banks’ customers.

Speaking through the Acting Zonal Director of the Ibadan Zonal Command of the EFCC, ACE I Hauwa Garba Ringim, during a stakeholders’ meeting with Compliance Officers of Banks in Oyo State on Tuesday, Olukoyede emphasised the detrimental impact such disclosures have on the investigation of financial crimes and the timely filing of corruption cases in court.

Olukoyede expressed concern over the tacit support fraudsters receive from the Nigerian banking sector, highlighting the challenges it poses to the Commission.

He urged Compliance Officers to promptly respond to EFCC’s correspondence with certified true copies of relevant documents, as this facilitates swift investigation processes.

Also, Olukoyede addressed the illegal trading of naira with Point-of-sale (POS) operators, stressing the need to curtail such practices for the benefit of Nigerians.

In response to the chairman’s directives, Compliance Officers assured the EFCC of their unwavering support and commitment to enhancing collaboration between the Commission and banks for more effective anti-corruption efforts.

 

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