900,000 civilians stuck in northern Gaza face Israeli onslaught, those fleeing also face bombs

News Network
November 8, 2023

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Jeddah/Gaza: Up to 900,000 Palestinian civilians remained in northern Gaza and Gaza City on Tuesday surrounded by Israeli tanks and troops preparing for a military onslaught.

Israel ordered civilians to flee south and offered a four-hour window to travel, but southern Gaza also came under attack. At least 23 people were killed in Israeli airstrikes on the cities of Khan Younis and Rafah.

“We are civilians,” said Ahmed Ayesh, who was rescued from the rubble of a house in Khan Younis where 11 people were killed. “This is the bravery of the so-called Israel — they show their might and power against civilians, babies inside, kids inside, and elderly.”

As he spoke, rescuers at the house used their hands to try to free a girl buried up to her waist in debris.

Adam Fayez Zeyara, a Gaza City resident who headed south, said: “The most dangerous trip of my life. We saw the tanks from point blank. We saw decomposed body parts. We saw death.”

Israel said its forces were pushing deep into Gaza City, where tanks were positioned on the outskirts for a storming of Gaza’s urban heartland.

From early on in the war, now in its second month, the army has urged civilians to move south, including by announcing brief windows for what it said would be safe passage through Salah Al-Din, which runs through the center of the besieged enclave.

But tens of thousands of civilians have remained in the north, many sheltering in hospitals or UN facilities.

Those who have stayed say they are deterred by overcrowding in the south, along with dwindling water and food supplies, and continued Israeli airstrikes in what are supposed to be safe areas.

On Monday, Health Ministry in Gaza spokesperson Ashraf Al-Qidra dismissed the Israeli offers of safe passage as “nothing but death corridors.”

He said bodies have lined the road for days, and called for the International Committee of the Red Cross to accompany local ambulances to retrieve the dead.

Meanwhile Israel’s Prime Minister Benjamin Netanyahu continued to falsely claim that Hamas is using civilians as human shields. “We are fighting an enemy that is particularly brutal. They are using their civilians as human shields, and while we are asking the Palestinian civilian population to leave the war zone, they are preventing them at gunpoint,” Netanyahu claimed.

“For the first time in decades, IDF is fighting in the heart of Gaza City. At the heart of terrorism,” said Maj.Gen. Yaron Finkelman, head of the military’s southern command. “Every day and every hour the forces are killing militants, exposing tunnels and destroying weapons and continuing onward to enemy centers,” he added. 

The military wing of Hamas said its fighters were inflicting heavy losses and damage on advancing Israeli forces.

Since October 7, Israel has unrelentingly bombarding Gaza, killing more than 10,000 people, around 40 percent of them children. “It has been one full month of carnage, of incessant suffering, bloodshed, destruction, outrage and despair” UN human rights chief Volcker Turk said.

Discussing longer term plans for the first time, Netanyahu said Israel would take security responsibility for Gaza “for an indefinite period.”

Simcha Rothman, a member of Netanyahu’s far-right extremist coalition, said: “Our forces must not shed blood to give the Gaza Strip to the Palestinian Authority wrapped in a bow. Only full Israeli control and a complete demilitarisation of the strip will restore security.”

But White House spokesman John Kirby said US President Joe Biden opposed Israeli reoccupation. “It’s not good for Israel, it’s not good for the Israeli people,” he said. 

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News Network
November 21,2024

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Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

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