US vetoes UN Security Council resolution on Gaza ceasefire Posted on 21/11/2024 By udot Israel’s 13-month campaign in Gaza has killed nearly 44,000 people. (AP pic) UNITED NATIONS: The US today vetoed a UN Security Council resolution for a ceasefire in Israel’s war in Gaza, accusing council members of cynically rejecting attempts at reaching a compromise. The 15-member council voted on a resolution put forward by its 10 non-permanent members in a meeting that called for an “immediate, unconditional and permanent ceasefire” and separately demand the release of hostages. Only the US voted against, using its veto as a permanent council member to block the resolution. A senior US official, who briefed reporters on condition of anonymity ahead of the vote, said the US would only support a resolution that explicitly calls for the immediate release of hostages as part of a ceasefire. “As we stated many times before, we just can’t support an unconditional ceasefire that does not call for the immediate release of hostages,” the official said. Israel’s 13-month campaign in Gaza has killed nearly 44,000 people and displaced nearly all the enclave’s population at least once. It was launched in response to an attack by Hamas-led fighters who killed 1,200 people and captured more than 250 hostages in Israel on Oct 7, 2023. Ahead of the vote, Britain put forward new language that the US would have supported as a compromise, but that was rejected, the US official said. Some of the council’s 10 elected members (E10) were more interested in bringing about a US veto than compromising on the resolution, the official said, accusing Russia and China of encouraging those members. “China kept demanding ‘stronger language’ and Russia appeared to be pulling strings with various (elected) 10 members,” the official said. “This really does undercut the narrative that this was an organic reflection of the E10 and there’s some sense that some E10 members regret that those responsible for the drafting allowed the process to be manipulated for what we consider to be cynical purposes.” News
Bitcoin breaches US$94,000 for the first time Posted on 20/11/2024 Bitcoin has more than doubled this year on hopes of a cryptocurrency-friendly regime under the incoming Donald Trump administration. (EPA Images pic) SINGAPORE: Bitcoin rose to a record high above US$94,000 as a report that Donald Trump’s social media company was in talks to buy crypto trading firm Bakkt added… Read More
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BRICS seeks fairer global economic order for developing nations, says envoy Posted on 08/11/2024 Russian ambassador to Malaysia Naiyl Latypov emphasised that BRICS offers a platform to build a more equitable international system. KUALA LUMPUR: BRICS’s mission is to challenge the current global economic framework dominated by the few powerful nations that dictate the rules of international trade, says Russian ambassador to Malaysia Naiyl… Read More