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Israel moves EU approval for diaspora bond to Luxembourg from Ireland amid Gaza protests

Israel moves EU approval for diaspora bond to Luxembourg from Ireland amid Gaza protests
People in support of Palestinians demonstrate in front of the Central Bank of Ireland against the sale of Israeli bonds throughout the EU, in Dublin, Ireland, May 27, 2025. (Reuters)
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Updated 37 sec ago

Israel moves EU approval for diaspora bond to Luxembourg from Ireland amid Gaza protests

Israel moves EU approval for diaspora bond to Luxembourg from Ireland amid Gaza protests
  • Non-EU countries must choose one EU member state to apply to for approval of a prospectus where securities are traded in the EU

DUBLIN: Israel has moved the process of securing EU approval for its diaspora bond prospectus to Luxembourg from Ireland amid increasing opposition in Dublin to its central bank’s role in approving the program on behalf of the European Union.
Irish lawmakers and pro-Palestine campaign groups have called on the central bank to stop facilitating the sale of the bonds over the last year due to Israel’s near two-year military campaign in Gaza that has killed more than 63,000 people, mostly civilians, according to Gaza health officials.
Israel’s diaspora bonds are relatively small and sold mainly in Jewish communities around the world to help supplement the state’s bond sales that finance its budget deficit that has risen due to the war. Israel launched a diaspora bond campaign in October 2023 to raise money amid the conflict.
Non-EU countries must choose one EU member state to apply to for approval of a prospectus where securities are traded in the EU and Ireland’s central bank had been asked to approve Israel’s diaspora bond program each year since 2021.
A joint committee of Irish lawmakers recommended in August that the government seek to amend EU regulations so as to allow each individual European central bank to refuse to act as the competent authority for such bond prospectuses.
Protesters have also demonstrated outside the central bank’s offices.
Ireland is one of the most pro-Palestinian EU member states. It officially recognized a Palestinian state last year and the government is drafting legislation on restricting trade with Israeli settlements in the occupied Palestinian territories.
The Irish central bank had consistently said it is legally obliged to approve any prospectus once the relevant conditions are met.
In a letter to a lawmaker published by the central bank, Governor Gabriel Makhlouf said the approval for Israel’s program would be transferred to Luxembourg upon the expiry of the prior year’s prospectus on Monday.
The new prospectus published on the website of Israel Bonds, the country’s borrowing vehicle for diaspora bonds, said its program for the next year had been approved by Luxembourg.
Israel’s finance ministry said the move was a natural step as the state was already working with Luxembourg in its tradable sovereign debt program. The move will ensure Israel “maintains continuous access to investors worldwide,” it added in an emailed statement.


Moroccan convicted in Germany for spying on protest group

Police officers stand guard in Solingen, Germany, Sunday, Aug. 25, 2024. (AP)
Police officers stand guard in Solingen, Germany, Sunday, Aug. 25, 2024. (AP)
Updated 12 sec ago

Moroccan convicted in Germany for spying on protest group

Police officers stand guard in Solingen, Germany, Sunday, Aug. 25, 2024. (AP)
  • A Moroccan security source speaking on condition of anonymity told AFP he was a “radical activist” with a “hostile stance against the kingdom”

BERLIN: A Moroccan man was found guilty on Monday of spying on supporters of a protest group in Germany for a Moroccan secret service.
The suspect, named only as Youssef El A., was handed an 18-month suspended sentence, the higher regional court in Duesseldorf said in a statement.
Youssef El A. “had been working for the Moroccan secret service DGED since at least January 2022,” the court said.
Along with an accomplice identified as Mohamed A., he spied on members of the Hirak movement, a Moroccan opposition protest group, according to the statement.
Youssef El A. had previously been a supporter of the movement, the court said.
Mohamed A. was found guilty of spying on supporters of the Hirak movement in August 2023 and was given a suspended sentence of one year and nine months.
Youssef El A. made a full confession during the trial, the court said.
After his arrest in Germany in January, Moroccan authorities denied that they had any connection with him.
A Moroccan security source speaking on condition of anonymity told AFP he was a “radical activist” with a “hostile stance against the kingdom.”
The man “has no ties to Moroccan intelligence services and has never collected information for them,” the source said.
The Hirak movement emerged in northern Morocco’s Rif region in 2016 following anger over the death of a fishmonger crushed by a bin lorry as he tried to recover swordfish seized by police.
It sparked protests demanding development in the long-marginalized Berber region, which led to dozens of arrests.
 

 


Maduro says US warships with 1,200 missiles targeting Venezuela

Maduro says US warships with 1,200 missiles targeting Venezuela
Updated 01 September 2025

Maduro says US warships with 1,200 missiles targeting Venezuela

Maduro says US warships with 1,200 missiles targeting Venezuela
  • Nicolas Maduro said that ‘in response to maximum military pressure, we have declared maximum readiness to defend Venezuela’
  • US military deployment was welcomed by Guyana’s President Irfaan Ali as ‘anything to eliminate any threat to our security’

CARACAS: Venezuelan President Nicolas Maduro said Monday that eight US military vessels with 1,200 missiles were targeting his country, which he declared to be in a state of “maximum readiness to defend” itself.
The United States, which accuses Maduro of heading a drug cartel, has announced a deployment of warships to the south Caribbean in what it labeled an anti-drug trafficking operation. It has made no invasion threat.
Yet Maduro railed at a meeting with international media in Caracas Monday against “the greatest threat that has been seen on our continent in the last 100 years” in the form of “eight military ships with 1,200 missiles and a submarine targeting Venezuela.”
One of the ships, a guided missile cruiser, was spotted going through the Panama Canal from the Pacific to the Caribbean Friday night.
Maduro said that “in response to maximum military pressure, we have declared maximum readiness to defend Venezuela.”
He said more than eight million Venezuelans have enlisted as reservists. Caracas has already announced increased patrols of its territorial waters.
Washington has doubled to $50 million a bounty for the capture of Maduro, whose re-election in 2024 and 2018 were not recognized by the United States or much of the international community amid allegations of fraud and voter oppression.

Known for his fiery, often anti-US tirades, Maduro on Monday said lines of communication with the United States have broken down, and vowed his country “will never give in to blackmail or threats of any kind.”
At the press conference, he warned that US Secretary of State Marco Rubio sought to lead President Donald Trump “into a bloodbath... with a massacre against the people of Venezuela.”
The US military deployment was welcomed, however, by Guyana’s President Irfaan Ali as “anything to eliminate any threat to our security.”
Georgetown and Caracas are engaged in a dispute over the oil-rich border region of Essequibo, which makes up two-thirds of Guyana’s territory but is also claimed by Venezuela.
The bilateral rhetoric has escalated since ExxonMobil discovered massive oil deposits a decade ago off the coast of Essequibo, which has been administered by Guyana for over 100 years.

Maduro has been in Trump’s crosshairs since the Republican’s first term from 2017 to 2021.
But Trump’s policy of maximum pressure on Venezuela, including an oil embargo, has failed to dislodge Maduro from power.
Analysts have told AFP the US military deployment was unlikely to result in any invasion or attack, but rather sought to ramp up pressure on Maduro — who has repeatedly accused Trump of attempting to bring about regime change.
Last week, Caracas petitioned the United Nations to intervene in the dispute by demanding “the immediate cessation of the US military deployment in the Caribbean.”
On Monday, Maduro said Venezuela was prepared for “a period of armed struggle in defense of the national territory” in case of an attack.


UK, Japan, South Korea endure hottest summer on record

Pedestrians holding umbrellas walk on a hot day amid a heatwave in Tokyo's Shinjuku district on August 30, 2025. (AFP)
Pedestrians holding umbrellas walk on a hot day amid a heatwave in Tokyo's Shinjuku district on August 30, 2025. (AFP)
Updated 01 September 2025

UK, Japan, South Korea endure hottest summer on record

Pedestrians holding umbrellas walk on a hot day amid a heatwave in Tokyo's Shinjuku district on August 30, 2025. (AFP)
  • Britain struggled through the record hot summer, which poses a host of challenges for a country ill-equipped for such conditions

LONDON: The UK, Japan and South Korea sweltered this year through the hottest summers since each country began keeping records, their weather agencies said Monday.

Temperatures the world over have soared in recent years as human-induced climate change creates ever more erratic weather patterns.

The UK’s provisional mean June-August temperature was 16.1C, which was 1.51C above the long-term average and surpassed all years since 1884, including the previous record, set in 2018, the Met Office said.

The British summer saw four heatwaves, below-average rainfall and sustained sunshine, and followed the nation’s warmest spring in more than a century.

Japan’s average temperature spike was even starker over the same three summer months, at 2.36C above “the standard value,” making it the hottest since records began in 1898, the Japan Meteorological Agency (JMA) said.

It was the third consecutive summer of record high temperatures, the agency noted.

This year’s scorching heat left some 84,521 people hospitalized nationwide from May 1 to August 24, according to Japan’s Fire and Disaster Management Agency.

In South Korea, the average June-August temperature was 25.7C, “the highest since data collection began in 1973,” the Korea Meteorological Administration said in a press release.

The previous record over the same period was 25.6C, set just last year.

Britain — known for its damp and grey climate — struggled through the record hot summer, which poses a host of challenges for a country ill-equipped for such conditions.

Homes in the UK are designed to keep the heat in during the winter, and air conditioners are rare in homes and public places, such as much of London’s sprawling underground “Tube” metro system.

“It’s hard to spend a hot day (here),” Ruidi Luan, a 26-year-old student from China, told AFP in London during the August heatwave.

“There’s no air conditioner in our dorm. It is sometimes very hot, and especially in public transport.”

Drought was declared in five out of 14 regions in England, while the Environment Agency classed the water shortfall as “nationally significant,” as farmers struggle with stunted harvests.

In Tokyo, Miyu Fujita, a 22-year-old businesswoman, said she had mostly socialized indoors this summer to escape the oppressive temperatures.

“When I was a child, summer was the time to go outside and play,” she told AFP. “Can kids play outside now? I think it’s impossible.”

Japan’s beloved cherry trees are blooming earlier due to the warmer climate, or sometimes not fully blossoming because autumns and winters are not cold enough to trigger flowering, experts say.

The famous snow cap of Mount Fuji was absent for the longest recorded period last year, not appearing until early November, compared with the average of early October.

South Korea is meanwhile grappling with a prolonged drought that has hit the eastern coastal city of Gangneung.

A state of national disaster has been declared in the city of 200,000 people, with water levels at the Obong reservoir, the city’s main source of piped water, falling below 15 percent.

The dry spell has forced authorities to implement water restrictions, including shutting off 75 percent of household meters.

Kim Hae-dong, professor of meteorological studies at Keimyung University, told AFP the hot weather streak was linked to “the weakening of Arctic cold air due to global warming.”

“Because it is expected to continue weakening with global warming in place, we forecast similar weather patterns to repeat next year,” he said.

Heatwaves are becoming more intense and frequent worldwide because of human-caused climate change, scientists say.

The UK’s provisional record this year means all of its five warmest summers have taken place this century.

The Met Office noted “a summer as hot or hotter than 2025 is now 70 times more likely than it would be in a ‘natural’ climate with no human caused greenhouse gas emissions.”

But the speed of temperature increases across the world is not uniform.

Of the continents, Europe has seen the fastest warming per decade since 1990, followed closely by Asia, according to global data from the US National Oceanic and Atmospheric Administration.

The United Nations warned last month that rising global temperatures are having an ever-worsening impact on the health of workers, and also hitting productivity, which they say dropped by two to three percent for every degree above 20C.


First Afghan families allowed into Germany from Pakistan

First Afghan families allowed into Germany from Pakistan
Updated 01 September 2025

First Afghan families allowed into Germany from Pakistan

First Afghan families allowed into Germany from Pakistan
  • Most of the Afghans have arrived in Hanover on a commercial flight from Istanbul on Monday
  • Authorities set up a scheme to offer sanctuary to Afghans who worked for German institutions after Taliban returned to power in 2021

HANOVER: A group of 47 Afghans who fled the Taliban arrived in Germany on Monday after months of waiting in Pakistan until German court rulings forced Berlin to offer them refuge.

The 10 families have been among more than 2,000 Afghans caught in limbo in Pakistan as Germany’s conservative-led government this year froze a program to offer them sanctuary.

Most of them arrived in Hanover on a commercial flight from Istanbul around 2:00 p.m. (1200 GMT), said an AFP reporter and the Airbridge Kabul initiative set up to help those affected.

An interior ministry spokeswoman confirmed that “45 Afghan nationals entered Germany. These are all individuals who obtained visas through legal proceedings... All of these individuals have fully completed the admission procedure and security screening.”

The Airbridge Kabul initiative later said that two more people had arrived after catching a later connection from Istanbul.

A mother and daughter who did not want to give their names told AFP they were looking forward to their new life in Germany.

“It feels very good and pleasant when girls can go to school, study, and I can also work, study, integrate into society, and learn the language,” the mother said.

“I am very happy that after many difficulties and challenges, we finally managed to reach a good life,” said the daughter, aged 20.

“I could have done many things, studied, achieved a position and reached the goals I had for myself, but unfortunately, I couldn’t. From now on, I will achieve them,” she said.

Sanctuary scheme

After the Taliban returned to power in 2021, Germany set up a scheme to offer sanctuary to Afghans who had worked for German institutions or were otherwise deemed at high risk of persecution, including rights activists and journalists.

But the scheme was frozen under conservative Chancellor Friedrich Merz, who took office in May, as part of a wider crackdown on immigration.

While the Afghans have been left stranded in Pakistan, authorities there have also stepped up a crackdown on Afghans living in the country without residency.

Last month, Berlin said around 450 Afghans waiting to come to Germany had been detained, and more than 200 of them were sent back to their Taliban-run homeland.

While alarm has grown about their fate, Germany has agreed to resume accepting some of the others.

The government said last week that Afghans for whom “courts have found that Germany is legally obliged to issue visas” would travel to Germany “in stages” once they had cleared security checks.

The 10 main applicants who arrived on Monday were eight women and two men who had been involved in “politics, the justice system and journalism,” said Eva Beyer, a spokeswoman for the Airbridge Kabul initiative.

Around 85 other stranded Afghans have begun legal proceedings against Germany, “and there are more every day,” Beyer said.


Another 47 charged for supporting Palestine Action: UK police

Police officers arrest an 89-year-old protester at a demonstration in support of Palestine Action in Parliament Square.
Police officers arrest an 89-year-old protester at a demonstration in support of Palestine Action in Parliament Square.
Updated 01 September 2025

Another 47 charged for supporting Palestine Action: UK police

Police officers arrest an 89-year-old protester at a demonstration in support of Palestine Action in Parliament Square.
  • The accused, aged between 18 to 81, will appear in court on October 27 and 28, and face a possible maximum sentence of six months’ imprisonment if found guilty

LONDON: London’s Metropolitan police said Monday it had charged another 47 people with supporting Palestine Action, bringing the number of activists accused of backing the banned “terrorist” group to 114.
The accused, aged between 18 to 81, will appear in court on October 27 and 28, and face a possible maximum sentence of six months’ imprisonment if found guilty, the Met said in a statement.
The UK government proscribed Palestine Action as a terror group in July after two planes were vandalized at a Royal Air Force base, causing an estimated £7 million ($9.3 million) of damage.
Rights groups and UN experts have condemned the ban as legal overreach and a threat to free speech, and several protests have been held in London to denounce the move.
More than 700 people have been arrested, mostly at demonstrations, since the group was outlawed under the Terrorism Act 2000. A total of 114 of those detained have been charged.
Interior minister Yvette Cooper has said the group had a “long history of unacceptable criminal damage.”
And she has insisted “many people may not yet know the reality of this organization,” adding it “is not non-violent.”
Founded in 2020, Palestine Action says it is a “direct action” network aimed at denouncing what it alleges is British “complicity” with Israel, particularly over the issue of arms sales.
It has also targeted arms companies in the UK, including a branch of the Israeli group Elbit, and in March stormed a Scottish golf course belonging to US President Donald Trump writing “GAZA IS NOT FOR SALE” on the grass.
Palestine Action co-founder Huda Ammori has launched a court bid to overturn the UK government’s ban and a hearing is set for November.