logo
UK rejects criticism that move to recognise Palestinian state rewards Hamas

UK rejects criticism that move to recognise Palestinian state rewards Hamas

Straits Times5 days ago
Sign up now: Get ST's newsletters delivered to your inbox
Britain's Prime Minister Keir Starmer delivers a statement inside No. 10 Downing Street on the day the cabinet was recalled to discuss the situation in Gaza, in London, Britain, July 29, 2025. REUTERS/Toby Melville/Pool
LONDON - Britain on Wednesday rejected criticism that it was rewarding militant group Hamas by setting out plans to recognise a Palestinian state unless Israel took steps to improve the situation in Gaza and bring about peace.
The sight of emaciated Gaza children has shocked the world in recent days and on Tuesday, a hunger monitor warned that a worst-case scenario of famine was unfolding there and immediate action was needed to avoid widespread death.
Prime Minister Keir Starmer's ultimatum, setting a September deadline for Israel, prompted an immediate rebuke from his counterpart in Jerusalem, who said it rewarded Hamas and punished the victims of their 2023 cross-border attack.
U.S. President Donald Trump said he did not think Hamas "should be rewarded" with recognition of Palestinian independence.
Asked about that criticism, British Transport Minister Heidi Alexander - designated by the government to respond to questions in a series of media interviews on Wednesday - said it was not the right way to characterise Britain's plan.
'This is not a reward for Hamas. Hamas is a vile terrorist organisation that has committed appalling atrocities. This is about the Palestinian people. It's about those children that we see in Gaza who are starving to death," she told LBC radio.
'We've got to ratchet up pressure on the Israeli government to lift the restrictions to get aid back into Gaza.'
Top stories
Swipe. Select. Stay informed.
Singapore MHA to support HSA's crackdown on Kpod abusers and help in treatment of offenders: Shanmugam
Business S'pore's economic resilience will face headwinds in second half of 2025 from tariffs, trade conflicts: MAS
Business S'pore's Q2 total employment rises, but infocomm and professional services sectors see more job cuts
Singapore Fewer than 1 in 5 people noticed suspicious items during MHA's social experiments
Asia Powerful 8.8-magnitude quake in Russia's far east causes tsunami; Japan, Hawaii order evacuations
Singapore Migrant workers who gave kickbacks to renew work passes were conservancy workers at AMK Town Council
Asia 'Hashing things out': Japan, Vietnam, EU contest terms of US tariff deals behind the scenes
Singapore Escape, discover, connect: Where new memories are made
France announced last week it would recognise Palestinian statehood in September.
Successive British governments have said they would recognise a Palestinian state when it was most effective to do so.
In a televised address on Tuesday, Starmer said that moment had now come, highlighting the suffering in Gaza and saying the prospect of a two-state solution - a Palestinian state co-existing in peace alongside Israel - was under threat.
Starmer said Britain would make the move at the U.N. General Assembly in September unless Israel took substantive steps to allow more aid to enter Gaza, made clear there will be no annexation of the West Bank and committed to a long-term peace process that delivered a two-state solution. REUTERS
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Netherlands to start NATO's new Ukraine weapons finance scheme with $578 million payment
Netherlands to start NATO's new Ukraine weapons finance scheme with $578 million payment

Straits Times

time11 minutes ago

  • Straits Times

Netherlands to start NATO's new Ukraine weapons finance scheme with $578 million payment

Sign up now: Get ST's newsletters delivered to your inbox Military equipment are pictured as the Dutch government presents plans to increase spending on defence to 2% of GDP in the wake of the Russia-Ukraine conflict, in Amersfoort, Netherlands, September 5, 2024. REUTERS/Piroschka van de Wouw/File Photo AMSTERDAM - The Netherlands will be the first contributor to NATO's new "Priority Ukraine Requirements List" (PURL) financing mechanism for Ukraine weapons with a 500 million euros ($578 million) payment, the Dutch defence minister said on Monday. "Ukraine needs more air defence and ammunition now. As the first NATO ally, the Netherlands will deliver a €500 million package of US weapon systems (including Patriot parts and missiles)," Dutch Defense Minister Ruben Brekelmans said in a statement on X. "This helps Ukraine to defend itself and the rest of Europe against Russian aggression," he added. In a statement posted on the Dutch defence ministry website, the ministry said that other countries have also pledged financing under the new mechanism. The defence ministry said that under the new scheme, Ukraine can draw on US military equipment stocks if these are funded by NATO allies. The United States is releasing military aid in packages worth approximately $500 million, it said, adding that the packages consist of air defence equipment, ammunition and other essential supplies tailored to Ukraine's needs. U.S. President Donald Trump said last month the U.S. would supply weapons to Ukraine, paid for by European allies, but did not provide details on how this would work. Reuters reported on Friday that NATO countries, Ukraine, and the U.S. were developing a new Ukraine weapons financing mechanism. REUTERS

Tesla board awards ‘good faith' shares worth $37 billion to CEO Elon Musk
Tesla board awards ‘good faith' shares worth $37 billion to CEO Elon Musk

Straits Times

time40 minutes ago

  • Straits Times

Tesla board awards ‘good faith' shares worth $37 billion to CEO Elon Musk

Sign up now: Get ST's newsletters delivered to your inbox Tesla has granted CEO Elon Musk shares worth about US$29 billion (S$37 billion) in a new pay deal aimed at keeping the billionaire entrepreneur at the helm during a crucial pivot from its struggling core auto business to robotaxis and humanoid robots. The company described the 'interim award' of the 96 million new shares as a first step, 'good faith' payment to honour Mr Musk's more than US$50 billion pay package from 2018 that was struck down by a Delaware court in 2024. Mr Musk can claim the new award if he remains in a top executive role for another two years and a court does not reinstate the 2018 package currently on appeal. He has to hold the shares for five years and can buy them for US$23.34 per share, the same as the exercise price of the 2018 award. Tesla will also put to vote a longer-term CEO compensation plan at its annual investor meeting on Nov 6. The move is meant to keep Mr Musk, the public face of Tesla and architect of its robotaxi strategy, focused on the electric-vehicle maker as it navigates a shift to cybercabs and robotics from its mainstay auto business. It also seems to quell any speculation that the board's patience with Mr Musk could be wearing thin because of the recent tumultuous months, including the CEO's foray into politics. The move to give Mr Musk greater control of the company suggests that directors still see him as best-suited to tackle Tesla's growing list of challenges in the years ahead. Top stories Swipe. Select. Stay informed. Singapore Singapore launches review of economic strategy to stay ahead of global shifts Singapore A look at the five committees reviewing Singapore's economic strategy World Trump says he will 'substantially' raise tariffs on India over Russian oil purchases Singapore Strong S'pore-Australia ties underpinned by bonds that are continually renewed: President Tharman Singapore All recruits at BMTC will be trained to fly drones and counter them: Chan Chun Sing Sport Singaporean swimmer Gan Ching Hwee at 'crossroads' after World Aquatics C'ships display Singapore Ong Beng Seng to be sentenced on Aug 15, prosecution does not object to fine due to his poor health Singapore Pritam Singh had hoped WP would 'tip one or two more constituencies' at GE2025 Sales have been falling at the company due to its ageing vehicle line-up, tough competition and Mr Musk's right-wing political stances that have tarnished its brand. S&P Global Mobility data shared exclusively with Reuters showed on Aug 4 that Tesla's brand loyalty had plunged since Mr Musk endorsed US President Donald Trump last summer. Mr Musk's involvement in politics and his wider business empire, including AI startup xAI, have also sparked concerns about his devotion to Tesla, the main source of his wealth. Mr Musk has threatened to leave unless he gets more control over Tesla. The new stock award will take his Tesla stake, already the largest, to more than 15 per cent from the 12.7 per cent currently, according to Reuters calculations based on data compiled by LSEG. Before Aug 4's grant, Mr Musk had no active compensation plan and Tesla said he had not received meaningful pay since 2017. With the legal fight over his 2018 package expected to continue, the board said it moved to retain Mr Musk's 'extraordinary talent.' Talent magnet 'While we recognise Elon's business ventures, interests and other potential demands on his time and attention are extensive and wide-ranging... we are confident this award will incentivize Elon to remain at Tesla,' said a special committee Tesla formed this year to consider Mr Musk's compensation. It consists of chair Robyn Denholm and independent director Kathleen Wilson-Thompson. The company said it would not record compensation expense for the award as it does not currently expect the performance condition to be 'probable of being met.' It will re-evaluate and recognise the expense if it determines the award is likely to be met, including after the two-year vesting period. The new shares will also be forfeited or offset if the Delaware courts fully reinstate the 2018 stock award, ensuring there is no 'double dip,' the special committee said. Investors and analysts welcomed the news, with Tesla shares rising nearly 2 per cent in early trading. The stock has lost a quarter of its value this year, as of last close. 'Under normal circumstances, a compensation package in the billions would raise some eyebrows. (But) clearly investors have benefited from Musk's stewardship of Tesla,' said Camelthorn Investments adviser Shawn Campbell, who owns Tesla shares. 'This stock grant will bind Musk to Tesla for the next two years.' Battle for pay The Delaware ruling on Mr Musk's 2018 pay package, the largest in Corporate America, had cited flaws in the board's approval process and unfairness to investors. Mr Musk kicked off an appeal against the order in March, claiming a lower court judge made multiple legal errors in rescinding the record compensation. He has argued that the package resulted in spectacular growth for Tesla and yet was determined by the lower Court of Chancery to be unfair to shareholders, who voted twice to approve the plan. Tesla shares have risen nearly 2,000 per cent over the past decade, far outperforming the around 200 per cent rise in the benchmark S&P 500 index in the same period. 'This is simply a repackaged version of what was done years ago and was ruled improper by a judge. It renders the Delaware court decision effectively meaningless,' said Mr Charles Elson, founding director of the Weinberg Centre for Corporate Governance at the University of Delaware. 'You don't have to incentivise him to stay. If he leaves, he throws away 13 per cent of the company, which is still a huge part of his net worth, said Mr Elson, who had filed amicus briefs supporting the court's decision to void Mr Musk's 2018 award. REUTERS

Asked about Trump firing, German minister says institutions must be independent
Asked about Trump firing, German minister says institutions must be independent

Straits Times

time40 minutes ago

  • Straits Times

Asked about Trump firing, German minister says institutions must be independent

Sign up now: Get ST's newsletters delivered to your inbox WASHINGTON - State institutions should be independent and free from politics, German Finance Minister Lars Klingbeil said on Monday when asked about U.S. President Donald Trump's firing of the head of the Bureau of Labor Statistics. "I consider this political approach to be wrong and believe that it is right for independent institutions to remain independent and for politics not to interfere," Klingbeil said. Trump fired BLS head Erika McEntarfer on the heels of a market-shocking weak scorecard of the U.S. job market, accusing her without evidence of manipulating the figures. Ahead of a meeting with Treasury Secretary Scott Bessent, Klingbeil said democracies are on the right path when they preserve the independence and strength of institutions. "I can only tell you that my political style is not to launch such attacks on independent, neutral, and proven institutions, as is apparently happening here," Klingbeil said. Klingbeil also said there was a lot to clarify about the European Union's trade deal with the United States, adding that the bloc had been too weak during the negotiations. REUTERS

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store