Saudi Press

Saudi Arabia and the world
Wednesday, Sep 18, 2024

Global Turmoil: Israeli Airstrike in Gaza, Modi's Anti-Terror Stance, Russian Gains in Ukraine, and Tragedies in Uganda and Comoros

Israeli airstrike kills 11 members of the Bustan family in Gaza City amidst escalating conflict; significant developments in regional tensions span from Kashmir to Ukraine and Uganda.
An Israeli airstrike on a house in Gaza City claimed the lives of 11 members of the Bustan family, near Shujaiya school in the Al-Tuffah neighborhood, amid the ongoing conflict following the October 7 Hamas attack on southern Israel, which has seen over 41,118 fatalities in Gaza.

In related regional tensions, Indian Prime Minister Narendra Modi, while campaigning in Kashmir, asserted that "terrorism is on its last legs" following a clash that resulted in the deaths of two soldiers. Modi spoke about the progression since Kashmir’s semi-autonomy was revoked in 2019, though many locals remain frustrated by the stringent security measures.

Moving to Eastern Europe, Russian forces have successfully recaptured the village of Jelannoe Pervoe in the Pokrovsk district of eastern Ukraine. This strategic gain for Russian troops has further strained Ukrainian military resources, highlighting the intensity of the ongoing conflict.

Turning to Africa, Uganda has been mourning the tragic loss of Olympian Rebecca Cheptegei in her village of Bukwo. Cheptegei's murder, allegedly by her partner in Kenya, has spurred national outrage and discussions on gender-based violence, highlighting the need for urgent societal reforms.

Elsewhere on the continent, Comoros President Azali Assoumani was slightly injured in a knife attack while attending a funeral in Moroni. Following the incident, security forces detained the assailant, and Assoumani has been able to return home, reinforcing his leadership amid the nation's complicated political backdrop.

In financial news, Emaar The Economic City (EEC), partly owned by the Saudi Public Investment Fund, has unveiled a substantial SR8.7 billion ($2.32 billion) capital optimization plan. This initiative aims to stabilize its financial position amidst significant revenue losses, featuring debt conversion, a new shareholder facility, and debt restructuring to improve liquidity and reduce leverage.
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