Israeli forces on alert after rejection of Lebanon's proposed maritime deal amendments


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Israeli forces were put on alert to prepare for a possibly hostile reaction after Israel rejected a series of amendments proposed by Lebanon to a US-brokered draft deal that it was hoped would finally end a long-running maritime border dispute between the two countries.

Israel and Lebanon are technically in a state of war and have no diplomatic relations.

Further complicating the situation is the presence of Iran-backed Hezbollah, the powerful Lebanese armed group and political party that has often fought with Israel.

“The defence minister directed [Israeli forces] to prepare for a scenario of escalation in the north, both offensively and defensively, given the developments in the negotiations on the maritime border,” said a statement from the office of Benny Gantz.

After years of indirect negotiations over competing offshore gas field claims, a deal mediated by US energy envoy Amos Hochstein was delivered to Lebanese and Israeli officials at the weekend.

Both had offered cautious praise for the proposed deal, with Lebanon's prime minister-designate Najib Mikati saying it was “on the right track to assert Lebanon's rights over all its waters”.

On Tuesday, Lebanon submitted a handful of proposed amendments, with its officials insisting that the proposed changes would not derail the deal.

But on Thursday a senior Israeli official told AFP that Israel had rejected the amendments.

“Prime Minister Yair Lapid was updated on the details of the substantial changes Lebanon is seeking to make in the agreement and instructed the negotiating team to reject them,” the official said.

“Israel will not compromise on its security and economic interests, even if that means that there will be no agreement soon.”

Lebanon's lead negotiator Elias Bou Saab told Reuters on Thursday that the deal "is 90 per cent done but the remaining 10 per cent could make it or break it," adding that he was in constant contact with Mr Hochstein.

While Hezbollah chief Hassan Nasrallah has threatened to attack the contested Karish gas field if Israel starts extraction there before negotiations are completed, even he has described the proposed deal as an “important move”.

Hezbollah threatened attacks after Israel moved a production vessel near the Karish field.

The Israeli official on Thursday emphasised that Israel was not negotiating with Lebanon over Karish and would “produce gas from the Karish rig as soon as it is possible to do so”.

“If Hezbollah or anyone else tries to damage the Karish rig or threaten us — the negotiations on the maritime line will stop immediately and Hassan Nasrallah will need to explain to the citizens of Lebanon why they don't have a gas rig for the benefit of their economic future,” the official said on Thursday.

Asked about the escalation, a US official said Washington remains engaged with both parties.

"Special Presidential Co-ordinator Amos Hochstein continues his robust engagement to bring the maritime boundary discussions to a close," a US National Security Council representative told The National.

"We remain in close communication with the Israelis and Lebanese."

The representative added that the negotiations have reached "a critical stage" and that "the gaps have narrowed".

"We remain committed to reaching a resolution and believe a lasting compromise is possible," the representative said.

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Tips from the expert

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How to protect yourself when air quality drops

Install an air filter in your home.

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TRAP

Starring: Josh Hartnett, Saleka Shyamalan, Ariel Donaghue

Director: M Night Shyamalan

Rating: 3/5

Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
Rating: 4/5
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While you're here

Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.

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Founded: September, 2020

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Silent Hill f

Publisher: Konami

Platforms: PlayStation 5, Xbox Series X/S, PC

Rating: 4.5/5

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Results

Stage seven

1. Tadej Pogacar (SLO) UAE Team Emirates, in 3:20:24

2. Adam Yates (GBR) Ineos Grenadiers, at 1s

3. Pello Bilbao (ESP) Bahrain-Victorious, at 5s

General Classification

1. Tadej Pogacar (SLO) UAE Team Emirates, in 25:38:16

2. Adam Yates (GBR) Ineos Grenadiers, at 22s

3. Pello Bilbao (ESP) Bahrain-Victorious, at 48s

The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
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From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

MATCH INFO

Euro 2020 qualifier

Russia v Scotland, Thursday, 10.45pm (UAE)

TV: Match on BeIN Sports 

Director: Shady Ali
Cast: Boumi Fouad , Mohamed Tharout and Hisham Ismael
Rating: 3/5

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The specs: 2018 Mazda CX-5

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Power: 188hp @ 6,000rpm
Torque: 251Nm @ 4,000rpm
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​​​​​​​Fuel consumption, combined: 7.1L / 100km

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What are NFTs?

Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.

While you're here
Updated: October 07, 2022, 7:21 AM