The US, Europe and the Gulf states pledged nearly US$1 billion to help Lebanon recover from a crippling war between Israel and Hezbollah guerrillas, doubling the amount sought by an international donors' conference.
Organizers hailed the bigger-than-expected contributions on Thursday as a show of strength for nations seeking to counter the influence of Hezbollah in rebuilding roads, homes and lives after the 34-day war.
But critics warned the amount was a moot point, saying it was impossible to sidestep Hezbollah when delivering aid to southern Lebanon.
"I don't think this will help Lebanon in the long term," said Middle East expert Magnus Norell of the Swedish Defense Research Agency. "There is only one actor in southern Lebanon that can handle aid, and that's Hezbollah."
World donors gathered for the conference in Stockholm pledged US$940 million in early reconstruction aid -- nearly twice the US$500 million target set by organizers. The money was earmarked for rebuilding infrastructure, clearing unexploded Israeli bombs and restoring social services.
In his opening speech, Lebanon's Prime Minister Fuad Saniora told delegates that 15 years of postwar development had been wiped out by "Israel's deadly military machine" in a matter of days.
The direct damage of the conflict was in the "billions of dollars," while the indirect cost including lost tourism and industry revenue would cost billions more, he said.
In related news, donors pledged US$500 million in further aid to the Palestinian Territories yesterday, of which $55 million will go directly to meeting a shortfall in UN funding.
"I would say this is a fantastic result," Swedish Aid Minister Carin Jamtin told delegates at the end of a conference arranged by Sweden, Norway and Spain to help meet a revised UN appeal for further funding of US$170 million for the Palestinians, on top of an original request for US$215 million.
Hungarian authorities temporarily detained seven Ukrainian citizens and seized two armored cars carrying tens of millions of euros in cash across Hungary on suspicion of money laundering, officials said on Friday. The Ukrainians were released on Friday, following their detention on Thursday, but Hungarian officials held onto the cash, prompting Ukraine to accuse Hungary’s Russia-friendly government of illegally seizing the money. “We will not tolerate this state banditism,” Ukrainian Minister of Foreign Affairs Andrii Sybiha said. The seven detained Ukrainians were employees of the Ukrainian state-owned Oschadbank, who were traveling in the two armored cars that were carrying the money between Austria and
Kosovar President Vjosa Osmani on Friday after dissolving the Kosovar parliament said a snap election should be held as soon as possible to avoid another prolonged political crisis in the Balkan country at a time of global turmoil. Osmani said it is important for Kosovo to wrap up the upcoming election process and form functional institutions for political stability as the war rages in the Middle East. “Precisely because the geopolitical situation is that complex, it is important to finish this electoral process which is coming up,” she said. “It is very hard now to imagine what will happen next.” Kosovo, which declared
MORE BANS: Australia last year required sites to remove accounts held by under-16s, with a few countries pushing for similar action at an EU level and India considering its own ban Indonesia on Friday said it would ban social media access for children under 16, citing threats from online pornography, cyberbullying, online fraud and Internet addiction. “Accounts belonging to children under 16 on high-risk platforms will start to be deactivated, beginning with YouTube, TikTok, Facebook, Instagram, Threads, X, Bigo Live and Roblox,” Indonesian Minister of Communications and Digital Meutya Hafid said. “The government is stepping in so that parents no longer have to fight alone against the giants of the algorithm. Implementation will begin on March 28, 2026,” she said. The social media ban would be introduced in stages “until all platforms fulfill their
Counting was under way in Nepal yesterday, after a high-stakes parliamentary election to reshape the country’s leadership following protests last year that toppled the government. Key figures vying for power include former Nepalese prime minister K. P. Sharma Oli, rapper-turned-mayor Balendra Shah, who is bidding for the youth vote, and newly elected Nepali Congress party leader Gagan Thapa. In Kathmandu’s tea shops and city squares, people were glued to their phones, checking results as early trends flashed up — suggesting Shah’s centrist Rastriya Swatantra Party (RSP) was ahead. Nepalese Election Commission spokesman Prakash Nyupane said the counting was ongoing “in a peaceful manner”
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