Al Joumhouria” News Summary”
Al Joumhouria” News Summary”
Thursday, 13-Jun-2024 22:12

Southern Lebanon remains in a state of constant tension amid Hezbollah's rocket response to direct Israeli targets. Meanwhile, the politically fraught issue continues to circle in its usual deadlock amid efforts to untangle the disputes and points of contention. In this context, Gebran Bassil, head of the Free Patriotic Movement, discussed the results of his presidential move towards the leadership, indicating that "the alternative to the proposed course is a comprehensive confrontation to end the vacancy." He said, "We are faced with two options: either consensus or not adapting to the vacancy and not accepting it."

Amid ongoing international warnings, Reuters quoted a U.S. official confirming that "we seek to prevent the situation on the Lebanese border from turning into a full-scale war," noting that "we are deeply concerned about the escalation on the Israeli-Lebanese border." In turn, Israel announced that Hezbollah, Iran, and the Lebanese government bear "full responsibility" for the increasing violence across the Israeli-Lebanese border, hinting that an escalation may be planned. Additionally, G7 leaders indicated they are "particularly concerned" about the situation along the Lebanon-Israel border.

On the Arab and international fronts, the U.S. President stated that he has not lost hope for a ceasefire in Gaza, "but Hamas must act." In turn, the Turkish President emphasized the necessity for Security Council members, especially the United States, to support the recent decision and pressure Israel for an immediate ceasefire in Gaza.

Meanwhile, the Spanish Prime Minister stated that his country calls on all European countries to recognize Palestine as an independent state, noting that this is the only way to resolve the conflict.

In a separate stance, the U.S. Defense Secretary highlighted that "the war in Ukraine has united the world against Russia," confirming that a Russian victory in Ukraine would encourage it to launch attacks against other countries.

In recent targeted measures, British sanctions targeted ships in "Putin's secret fleet," institutions at the heart of the Russian financial system, and suppliers supporting Russian military production.

Economically, G7 leaders agreed during their summit in Italy on a new $50 billion loan for Ukraine, utilizing the interest from frozen Russian assets, according to a U.S. official.

Additionally, oil prices fell slightly in volatile trading due to pressures from increased U.S. crude and fuel supplies and expectations of a slowdown by the U.S. Federal Reserve in cutting interest rates.