Target of Israeli strike in central Beirut reportedly Hezbollah spymaster Wafic Safa


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After Israel assassinated several top Hezbollah leaders in recent weeks, Wafic Safa was one of the last remaining senior officials alive.

On Thursday night, Israeli air strikes hit central Beirut. Israeli media reported that Mr Safa, who was heavily involved in the 2006 war negotiations with Israelis, was the target. Lebanon's Health Ministry reported 22 deaths and 117 injuries.

In 2019, the US Treasury Department imposed sanctions on Mr Safa, describing him as "the head of Hezbollah's security apparatus" and a close associate of the group's then Secretary General, Hassan Nasrallah, who was killed two weeks ago in a massive Israeli attack on Beirut.

He rose to prominence in the mid-1990s when he negotiated the release of Hezbollah prisoners with Israel.

Hezbollah and Israel fought a month-long war in 2006. That conflict remained the most recent between the two sides until fighting resumed a year ago, coinciding with the war in Gaza. The war has escalated significantly in recent weeks, with more than 2,000 killed in Lebanon and 1.2 million displaced.

In imposing the sanctions, the US said Mr Safa “has exploited Lebanon's ports and border crossings to smuggle contraband and facilitate travel on behalf of Hezbollah, undermining the security and safety of the Lebanese people, while also draining valuable import duties and revenue away from the Lebanese government”.

The Treasury said Mr “Safa is in charge of Hezbollah's liaison and co-ordination unit, and is responsible for Hezbollah’s co-ordination with the international community and with Lebanese security agencies”.

He is accused of arranging the passage of illegal drugs and weapons into the port of Beirut. Hezbollah specifically routed certain shipments through Mr Safa to avoid scrutiny, the Treasury stated.

He was a suspect in the assassination of former prime minister Rafic Hariri, the father another former premier, Saad Hariri, in 2005. Hezbollah has denied its involvement in the Lebanese statesman’s death.

The US Treasury also accused Mr Safa, along with Hezbollah parliamentary chief Muhammed Raad, of maintaining a list of 100 Hezbollah members who were to acquire foreign citizenship.

“With these passports, these individuals would be sent by Hezbollah on long-term missions to Arab and western countries,” the Treasury added.

Mr Safa also allegedly threatened a Lebanese judge charged with investigating the deadly 2020 Beirut port blast, which implicated allies of Hezbollah.

Despite his prominent position, Mr Safa kept a low profile and rarely spoke to the media.

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Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

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The lowdown

Rating: 4/5

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How to keep control of your emotions

If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.

Greed

Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.

Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.

Fear

The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.

Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.

Hope

While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.

Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.

Frustration

Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.

Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.

Boredom

Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.

Tip: Open an online demo account and get your thrills without risking real money.

Conservative MPs who have publicly revealed sending letters of no confidence
  1. Steve Baker
  2. Peter Bone
  3. Ben Bradley
  4. Andrew Bridgen
  5. Maria Caulfield​​​​​​​
  6. Simon Clarke 
  7. Philip Davies
  8. Nadine Dorries​​​​​​​
  9. James Duddridge​​​​​​​
  10. Mark Francois 
  11. Chris Green
  12. Adam Holloway
  13. Andrea Jenkyns
  14. Anne-Marie Morris
  15. Sheryll Murray
  16. Jacob Rees-Mogg
  17. Laurence Robertson
  18. Lee Rowley
  19. Henry Smith
  20. Martin Vickers 
  21. John Whittingdale

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Start-up hopes to end Japan's love affair with cash

Across most of Asia, people pay for taxi rides, restaurant meals and merchandise with smartphone-readable barcodes — except in Japan, where cash still rules. Now, as the country’s biggest web companies race to dominate the payments market, one Tokyo-based startup says it has a fighting chance to win with its QR app.

Origami had a head start when it introduced a QR-code payment service in late 2015 and has since signed up fast-food chain KFC, Tokyo’s largest cab company Nihon Kotsu and convenience store operator Lawson. The company raised $66 million in September to expand nationwide and plans to more than double its staff of about 100 employees, says founder Yoshiki Yasui.

Origami is betting that stores, which until now relied on direct mail and email newsletters, will pay for the ability to reach customers on their smartphones. For example, a hair salon using Origami’s payment app would be able to send a message to past customers with a coupon for their next haircut.

Quick Response codes, the dotted squares that can be read by smartphone cameras, were invented in the 1990s by a unit of Toyota Motor to track automotive parts. But when the Japanese pioneered digital payments almost two decades ago with contactless cards for train fares, they chose the so-called near-field communications technology. The high cost of rolling out NFC payments, convenient ATMs and a culture where lost wallets are often returned have all been cited as reasons why cash remains king in the archipelago. In China, however, QR codes dominate.

Cashless payments, which includes credit cards, accounted for just 20 per cent of total consumer spending in Japan during 2016, compared with 60 per cent in China and 89 per cent in South Korea, according to a report by the Bank of Japan.

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Quick pearls of wisdom

Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”

Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.” 

Countdown to Zero exhibition will show how disease can be beaten

Countdown to Zero: Defeating Disease, an international multimedia exhibition created by the American Museum of National History in collaboration with The Carter Center, will open in Abu Dhabi a  month before Reaching the Last Mile.

Opening on October 15 and running until November 15, the free exhibition opens at The Galleria mall on Al Maryah Island, and has already been seen at the Jimmy Carter Presidential Library and Museum in Atlanta, the American Museum of Natural History in New York, and the London School of Hygiene and Tropical Medicine.

 

The bio

Job: Coder, website designer and chief executive, Trinet solutions

School: Year 8 pupil at Elite English School in Abu Hail, Deira

Role Models: Mark Zuckerberg and Elon Musk

Dream City: San Francisco

Hometown: Dubai

City of birth: Thiruvilla, Kerala

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Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

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Updated: October 11, 2024, 7:19 AM