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Middle East updates: Germany backs Lebanon cease-fire

Deutsche Welle Friday, 27 September 2024 ()
Germany’s Foreign Minister Annalena Baerbock told the UN General Assembly that "a broader regional escalation" in the Middle East would not bring "long-lasting security." DW has more.
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Germany Germany Country in Central Europe

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Middle East Middle East Geopolitical region

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At the United Nations General Assembly, Lebanon's Foreign Minister issued a powerful warning: a ceasefire is urgently needed to prevent Israel's actions from igniting a devastating crisis in the Middle East. As tensions rise, the stakes for regional peace have never been higher. This is a call to action that cannot be ignored. #Lebanon #UNGA #MiddleEast #Ceasefire #Israel #Crisis #Peace #ForeignPolicy #GlobalSecurity #Hezbollah ~HT.318~PR.274~GR.122~ED.102~

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After Netanyahu rejected Biden’s peace plan with Hezbollah, Lebanon launched over 80 rockets, hitting Israel’s "Samson" base and "Meron" airbase. The Iron Dome failed to stop many rockets, causing fires in "Beria" near Safad and surrounding areas. Tensions have escalated dramatically, with the world anxiously awaiting Netanyahu's upcoming UN speech on Gaza. The situation raises concerns about a potential broader conflict in the Middle East. #Hezbollah #IsraelHamas #IsraelHezbollah #Meron #IronDome #IDF #HassanNasrallah #MiddleEast #Worldnews #Oneindia #Warnews #Oneindianews ~HT.97~PR.320~ED.101~

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Lebanon Lebanon Country on the East coast of the Mediterranean.

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United Nations General Assembly United Nations General Assembly One of the six principal organs of the UN

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DW-TV DW-TV Set of German television channels

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For starters, it's a long, long way from being finished. Although Widodo began working from the city two weeks ago, many estimates say the new capital won't be fully operational until the 2040s. Most of the core infrastructure is unfinished while many key projects have not been started yet. Construction delays have been a constant problem. Located deep within the jungle on the island of Borneo, known as Kalimantan in Indonesia, it remains a mass of construction sites. The cost has been estimated at around $35 billion (€31.76 billion) but the government's plan is for private investment to fund around 80% of that total amount. The country's finance minister Sri Mulyani told DW's recent Business Beyond program on Indonesia's economy that the government had spent 72 trillion Indonesian rupiah ($4.5 billion, €4.08 billion) on Nusantara over the past three years. She added that the key to financing it is establishing meaningful incentives for private investors, including significant tax breaks. Recently, Widodo announced that investors would have land rights for up to 190 years in the capital. #OIDW #DWVideos #Nusantara #IndonesiaCapital #NewCapital #ConstructionDelays #Kalimantan #BorneoProject #Widodo #PrivateInvestment #CapitalCity #InfrastructureChallenges #InvestmentIncentives #FinanceMinister #SriMulyani #NusantaraCost #IndonesiaEconomy ~ED.101~HT.97~PR.152~

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