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Israeli Prime Minister Benjamin Netanyahu said he had approved a ceasefire agreement with the Iran-backed Hezbollah on Tuesday, paving the way for a deal that would end the most destructive conflict between the two sides.
Lebanon, represented by Parliamentary Speaker Nabih Berri, who negotiated on behalf of Hezbollah, also endorsed the agreement. Its government is expected to formally vote on it on Wednesday morning.
"It's time for a ceasefire," Mr Netanyahu said in a speech on Tuesday, adding that he is presenting the deal to the cabinet for approval. "We are maintaining our full liberty to take military operations," he clarified.
"With the United States' full understanding, we maintain full freedom of military action. If Hezbollah violates the agreement and tries to arm itself, we will attack. If it tries to rebuild terrorist infrastructure near the border, we will attack. If it launches a rocket, if it digs a tunnel, if it brings in a truck carrying rockets, we will attack."
However, a government source in Beirut told The National that Lebanese officials had not been informed of any agreement to grant Israel the freedom of action against Hezbollah in Lebanon. “Lebanon does not have any information, nor has it received any document that includes terms of action for Israel's self-defence or freedom of movement,” the source said.
“Any bilateral agreement between the United States and Israel is not binding on Lebanon as it is a side agreement and Lebanon has nothing to do with it,” he added.
Negotiations, mediated by US envoy Amos Hochstein, entered their critical stage last week, with the main point of contention being the interpretation of a clause on “self-defence”. Officials in Lebanon firmly rejected any clause that Israel could use to breach Lebanese sovereignty, including its airspace, as it has done in recent years. Senior Israeli officials have demanded the right to act against Hezbollah even if a ceasefire is agreed on.
One solution that was proposed to address the issue was for Israel to be able to lodge complaints with the committee, which would then relay them to the Lebanese Army and UN peacekeepers and set a deadline for action before Israel can intervene, sources told The National at the time.
The conflict began on October 8 last year, a day after Hamas launched an attack on Israel, marking the start of the Gaza war. Hezbollah entered the war in support of its ally Hamas, leading to a series of cross-border confrontations that escalated into a full-scale war.
Many of Hezbollah's senior commanders have been killed during Israeli air and ground assaults, which also caused the deaths of thousands of Lebanese, the displacement of millions and widespread devastation in Lebanon. Just hours before the ceasefire was announced, Israel launched its biggest wave of strikes on the capital Beirut, destroying dozens of buildings and homes in two minutes after the Israeli military issued eviction orders to residents of dozens of buildings.
The high cost
Under the terms of the ceasefire, Israel is to withdraw its troops from southern Lebanon. In turn, Beirut will post troops along the border, while Hezbollah fighters retreat. The agreement includes the establishment of a US-led committee to oversee the transition to a permanent ceasefire.
"The Lebanese army will abide by the ceasefire agreement and send troops to the southern borders," a senior government official in Beirut told The National before the formal cabinet meeting.
“The agreement includes stages extending over 60 days: a ceasefire, the beginning of the Israeli withdrawal, the beginning of the deployment of the Lebanese army, and supervision of the withdrawal of heavy weapons from the south of the Litani River,” said the source.
The cost has been high on both sides of the conflict. Thousands have been killed in Lebanon and millions have been displaced. In Israel, rocket, drone and missile salvos launched by Hezbollah killed nearly 50 civilians, including foreign workers. According to the Israeli military, Hezbollah has fired more than 16,000 rockets, leading to the displacement of more than 65,000 people from northern Israel.
"The duration of the ceasefire depends on what happens in Lebanon," Mr Netanyahu said in his video statement announcing his decision.
"It is no longer the same Hezbollah" after a year of fighting, he claimed. "We have eliminated all the senior leaders of the organisation, destroyed most of its missiles and rockets, eliminated thousands of terrorists and destroyed the underground and terrorist infrastructures near our border."
He added that there were three reasons for the timing of the ceasefire.
The first reason is to focus on "the Iranian threat," on which he said he would not elaborate. The second reason was the "renewal and rearming of forces," while the final motive was to isolate Hamas in Gaza.
"A good deal is a deal that is enforced, and we will enforce it," emphasised the Israeli Prime Minister.
GOLF’S RAHMBO
- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)
How Filipinos in the UAE invest
A recent survey of 10,000 Filipino expatriates in the UAE found that 82 per cent have plans to invest, primarily in property. This is significantly higher than the 2014 poll showing only two out of 10 Filipinos planned to invest.
Fifty-five percent said they plan to invest in property, according to the poll conducted by the New Perspective Media Group, organiser of the Philippine Property and Investment Exhibition. Acquiring a franchised business or starting up a small business was preferred by 25 per cent and 15 per cent said they will invest in mutual funds. The rest said they are keen to invest in insurance (3 per cent) and gold (2 per cent).
Of the 5,500 respondents who preferred property as their primary investment, 54 per cent said they plan to make the purchase within the next year. Manila was the top location, preferred by 53 per cent.
Rankings
ATP: 1. Novak Djokovic (SRB) 10,955 pts; 2. Rafael Nadal (ESP) 8,320; 3. Alexander Zverev (GER) 6,475 ( 1); 5. Juan Martin Del Potro (ARG) 5,060 ( 1); 6. Kevin Anderson (RSA) 4,845 ( 1); 6. Roger Federer (SUI) 4,600 (-3); 7. Kei Nishikori (JPN) 4,110 ( 2); 8. Dominic Thiem (AUT) 3,960; 9. John Isner (USA) 3,155 ( 1); 10. Marin Cilic (CRO) 3,140 (-3)
WTA: 1. Naomi Osaka (JPN) 7,030 pts ( 3); 2. Petra Kvitova (CZE) 6,290 ( 4); 3. Simona Halep (ROM) 5,582 (-2); 4. Sloane Stephens (USA) 5,307 ( 1); 5. Karolina Pliskova (CZE) 5,100 ( 3); 6. Angelique Kerber (GER) 4,965 (-4); 7. Elina Svitolina (UKR) 4,940; 8. Kiki Bertens (NED) 4,430 ( 1); 9. Caroline Wozniacki (DEN) 3,566 (-6); 10. Aryna Sabalenka (BLR) 3,485 ( 1)
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What is a robo-adviser?
Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.
These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.
Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.
Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.
Who has lived at The Bishops Avenue?
- George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
- Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
- Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
- Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills.
Hunting park to luxury living
- Land was originally the Bishop of London's hunting park, hence the name
- The road was laid out in the mid 19th Century, meandering through woodland and farmland
- Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds
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THE BIO
Occupation: Specialised chief medical laboratory technologist
Age: 78
Favourite destination: Always Al Ain “Dar Al Zain”
Hobbies: his work - “ the thing which I am most passionate for and which occupied all my time in the morning and evening from 1963 to 2019”
Other hobbies: football
Favorite football club: Al Ain Sports Club
MORE ON TURKEY'S SYRIA OFFENCE
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Simran
Director Hansal Mehta
Stars: Kangana Ranaut, Soham Shah, Esha Tiwari Pandey
Three stars
Sholto Byrnes on Myanmar politics
Second ODI
England 322-7 (50 ovs)
India 236 (50 ovs)
England win by 86 runs
Next match: Tuesday, July 17, Headingley
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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Dr Afridi's warning signs of digital addiction
Spending an excessive amount of time on the phone.
Neglecting personal, social, or academic responsibilities.
Losing interest in other activities or hobbies that were once enjoyed.
Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.
Experiencing sleep disturbances or changes in sleep patterns.
What are the guidelines?
Under 18 months: Avoid screen time altogether, except for video chatting with family.
Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.
Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.
Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.
Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.
Source: American Paediatric Association
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
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