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Stock market today: Asian shares sink as investors brace for Israeli invasion of Gaza

Published Mon, 03 Mar 2025 10:29:56 GMT

NEW YORK (AP) — Shares fell in Asia as investors braced Monday for an expected invasion by Israel in the Gaza Strip.U.S. futures edged higher while oil prices were little changed. Israeli forces, supported by a growing deployment of U.S. warships in the region and the call-up of some 360,000 reservists, have positioned themselves along Gaza’s border and drilled for what Israel said would be a broad campaign to dismantle the militant group. More than a million people have fled their homes in the besieged enclave in the past week, ahead of the expected invasion meant to eliminate Hamas’ leadership after its deadly Oct. 7 attack. “Who can blame markets for being jittery,” RaboResearch Global Economics and Markets said in a commentary. “The world now holds its breath as Israel prepares for a full-scale ground invasion of Gaza, with only unseasonal torrential rain delaying the seemingly inevitable.”The conflict has jolted oil markets, adding to uncertainties already hanging over th...

France and the Gulf region: A new vision

Published Mon, 03 Mar 2025 10:29:56 GMT

France’s influence and role in its traditional spheres of influence in West Africa have diminished rapidly in recent times. Although matters have not settled and have not resolved conclusively in this region, which has become an arena for international conflicts, Paris considers that maintaining its international standing and weight requires flexible and swift responses to these strategic changes, writes Salem AlKetbi, UAE political analyst and former Federal National Council candidate.On the flip side, the strong partnership relations between some of the Gulf Cooperation Council countries, such as Saudi Arabia and the UAE on one hand, and France on the other hand, are well-established and have grown clearly in recent years. Sheikh Mohammed bin Zayed Al Nahyan, the President of the UAE, recently made an official visit to France, and Crown Prince Mohammed bin Salman also made an important visit to the French Republic.France is one of the traditional strategic partners of the Gulf Coo...

Former Warriors GM Bob Myers offers his thoughts on Klay Thompson’s contract negotiation

Published Mon, 03 Mar 2025 10:29:56 GMT

With the Warriors’ regular season beginning a week from Tuesday, Klay Thompson could begin the year without a new contract.ESPN’s Adrian Wojnarowski reported on Sunday that it’s not looking likely that the two sides will come to an agreement anytime soon.“I’m told that there has been absolutely no progress on a Klay Thompson extension in Golden State,” Wojnarowski said. “They are both still apart on years and money, and there’s a very real possibility that Klay Thompson goes into free agency next summer without a deal.”Thompson, who turns 34 in February, is nearing an end to the five-year, $190-million maximum contract he signed on July 10, 2019.Former Warriors general manager Bob Myers, now working as an ESPN analyst, offered his assessment of the situation.“This is why I left,” Myers said jokingly. “A lot of time people will say, ‘this is just business.’ But this is not just a business situation. T...

Missing Steph Curry and Chris Paul, Warriors mount 15-point comeback to beat Kings in OT

Published Mon, 03 Mar 2025 10:29:56 GMT

SACRAMENTO — Even without Steph Curry and Chris Paul, and playing in a game that means nothing in the standings, the Warriors and Sacramento Kings played some entertaining preseason basketball at the Golden 1 Center on Sunday night.The Warriors overcame a 15-point deficit in the third quarter to force overtime, then knocked off the Kings with a 121-115 victory to move to 3-0 in the preseason.“Guys are doing a great job closing games to win two straight close ones with clutch play down the stretch,” said Warriors coach Steve Kerr. “It’s fun to see.”Jonathan Kuminga continued his dominant preseason by scoring a game-high 28 points and Lester Quinones, the 22-year-old Summer League star who signed a two-way contract in July, scored 18 points, including a go-ahead 3-pointer in overtime that sank the Kings.“These are the moments we’re being tested,” Quinones said. “These are the moments where (Kerr) locks in and sees, ‘I can trust them in this situation.’ Or he looks for the future...

Martti Ahtisaari, former Finnish president and Nobel Peace Prize winner, dies at 86

Published Mon, 03 Mar 2025 10:29:56 GMT

HELSINKI (AP) — Martti Ahtisaari, the former president of Finland and global peace broker awarded the Nobel Peace Prize in 2008 for his work to resolve international conflicts, died Monday. He was 86.The foundation he created for preventing and resolving violent conflicts said in a statement it was “deeply saddened by the loss of its founder and chair of board.”“It is with great sadness that we have received the news of the death of President Martti Ahtisaari,” Finland’s President Sauli Niinistö said in a statement. “He was president in times of change, who piloted Finland into a global EU era.”In 2021, it was announced that Ahtisaari had advanced Alzheimer’s disease.Among his most notable achievements, Ahtisaari helped reach peace accords related to Serbia’s withdrawal from Kosovo in the late 1990s, Namibia’s bid for independence in the 1980s, and autonomy for Aceh province in Indonesia in 2005. He was also involved with the Northern Ireland peace process in the late 1990s, b...

Gaza’s crowded hospitals near breaking point as Israeli ground invasion looms

Published Mon, 03 Mar 2025 10:29:56 GMT

KHAN YOUNIS, Gaza Strip (AP) — Palestinians in besieged Gaza crowded into hospitals and schools on Monday, seeking shelter and running low on food and water. More than a million people have fled their homes ahead of an expected Israeli ground invasion aimed at destroying Hamas after its fighters rampaged through southern Israel.Much of Hamas’ military infrastructure is concealed in urban areas, where street-by-street fighting would likely cause mounting casualties on both sides. Israel has given no timetable for a ground incursion. All eyes were on the Rafah crossing between Gaza and Egypt, where the U.S. and international mediators appeared close to reaching a deal for a humanitarian cease-fire that would allow aid in and allow foreigners to exit Gaza. Rafah was shut down nearly a week ago because of Israeli airstrikes.Israeli Prime Minister Benjamin Netanyahu’s office said Monday there was no cease-fire “at the moment.”The enclave’s food, water and me...

Migrant boat sinking off Greek island leaves 3 dead, 2 missing, 8 rescued

Published Mon, 03 Mar 2025 10:29:56 GMT

ATHENS, Greece (AP) — A search and rescue operation was underway Monday after a dinghy carrying migrants sank overnight off the coast of the small eastern Greek island of Symi, leaving at least three people dead, the coast guard said.Eight people were rescued, with two of them transported to a hospital on the nearby island of Rhodes and the rest transferred to the main port in Symi, according to the coast guard.Authorities said they recovered the bodies of two men and one woman from the sea. Survivors said two more people in the dinghy were believed to have managed to reach the shore on their own.Two coast guard vessels, four private boats and an air force helicopter were searching the area for the two missing people. The nationalities of those on board the dinghy were not immediately known.Greece lies along one of the most popular smuggling routes for people fleeing conflict and poverty in the Middle East, Africa and Asia and trying to get into the European Union.Many use small din...

Commission gathers views on G7 Guiding Principles on generative Artificial Intelligence

Published Mon, 03 Mar 2025 10:29:56 GMT

The Commission has launched a stakeholder survey ondraftInternational Guiding Principles for organisations developing advanced AI systems, which have been agreed by G7 ministers for stakeholder consultation.These principles are currently developed by G7 Members under the Hiroshima Artificial Intelligence process to set up guardrails on a global level. The eleven draft guiding principles, which  cover advanced AI systems such as foundational models and generative AI, aim to promote safety and trustworthiness of the technology. On this basis, G7 members aim to compile a Code of Conduct that will provide guidance for organisations developing AI tools.Values and Transparency Vice President Věra Jourová said: “Generative AI brings opportunities but also risks and challenges and we urgently need to shape a framework for this technology at a global level. With these principles, the EU and like-minded democracies will be equipped with the first international set of guidelines to promote an ...

From prevention to treatment: New hope for genomics in the global fight against cancer, World Health Summit, Berlin 15-17 October 2023

Published Mon, 03 Mar 2025 10:29:56 GMT

Berlin 16 October, 2023: New hope in the fight against cancer worldwide emerged at a workshop on harnessing genomics at the World Health Summit in Berlin on 15 October, as leading international figures explored how to bring innovative preventive and diagnostic tools to populations in the Global South, writes European Alliance for Personalised Medicine (EAPM) Executive Director Dr. Denis Horgan.Developing countries have a chance to fast-track their adoption of life-saving technologies by learning from the mistakes that the EU has made in its own implementation, it was suggested.Many lower and middle-income countries are currently facing even more severe consequences from the general rise in cancer incidence than the developed world, because their health services are often poorly resourced and insufficiently effective. But the European Alliance for Personalised Medicine is now offering a body of work that highlights possible short-cuts to permit coun...

Dead End for Europe

Published Mon, 03 Mar 2025 10:29:56 GMT

After the unspeakable atrocities of last week, Israel will never be the same, and this also holds for Gaza and the Palestinians. An emotionally shattered Israel is united in the determination to destroy the terror infrastructure constructed over 17 years (following the violent Hamas takeover from the PLO in 2007), regardless of criticism. Meanwhile, Hamas is blocking escape routes and using Israeli survivors as hostages in order to retain the missiles and underground terror network – writes Gerald M Steinberg, emeritus professor of politics at Bar Ilan University and president of NGO Monitor.The response from the Americans to this horror was immediate, including deploying a naval carrier group, supported by additional vessels from the UK. Washington made it clear that if Iran and its Hezbollah terror proxy joins in murdering Israelis, they are prepared to intervene.Europe, which has no significant security capabilities to add, sent some leaders to demonstrate relevance, including EU...