Türkiye's Erdogan Condemns Israel's Military Assault on Gaza and Lebanon

Turkish President Recep Tayyip Erdogan speaks at a joint press conference with Finnish President Alexander Stubb (unseen) after their meeting at the Presidential Palace in Ankara, Türkiye, 01 October 2024. (EPA)
Turkish President Recep Tayyip Erdogan speaks at a joint press conference with Finnish President Alexander Stubb (unseen) after their meeting at the Presidential Palace in Ankara, Türkiye, 01 October 2024. (EPA)
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Türkiye's Erdogan Condemns Israel's Military Assault on Gaza and Lebanon

Turkish President Recep Tayyip Erdogan speaks at a joint press conference with Finnish President Alexander Stubb (unseen) after their meeting at the Presidential Palace in Ankara, Türkiye, 01 October 2024. (EPA)
Turkish President Recep Tayyip Erdogan speaks at a joint press conference with Finnish President Alexander Stubb (unseen) after their meeting at the Presidential Palace in Ankara, Türkiye, 01 October 2024. (EPA)

Turkish President Recep Tayyip Erdogan used the anniversary of the Oct. 7 Hamas attack to condemn Israel's military assault on Gaza and Lebanon.

"Today, I remember with sorrow the tens of thousands of people that the murderous Israeli government has massacred since Oct. 7," Erdogan said in a message posted on X. "I convey my most heartfelt condolences to my brothers from Gaza, Palestine, and Lebanon."

An outspoken critic of Israel’s actions in Gaza and more recently the war against Hezbollah in Lebanon, Erdogan said: "Israel’s long-standing policy of genocide, occupation, and invasion must finally come to an end."

He has praised Hamas previously as a "liberation group." Erdogan on Monday made no mention of the Oct. 7 Hamas attack, in which the fighters killed about 1,200 people and dragged some 250 hostages back to Gaza. The subsequent war in Gaza has killed more than 41,000 Palestinians and displaced most of the territory’s 2.3 million population.

"Israel will sooner or later pay the price for this genocide, which it has been implementing for a year and which is still continuing," Erdogan wrote. "Just as Hitler was stopped by a joint alliance of humanity, (Israeli Prime Minister Benjamin) Netanyahu and his killer network will be stopped in the same way."



World Bank Looking to Free up Emergency Funds for Lebanon, Managing Director Says

 A plume of smoke billows following an Israeli air strike on the village of Khiam in southern Lebanon near the border with Israel on October 7, 2024. (AFP)
A plume of smoke billows following an Israeli air strike on the village of Khiam in southern Lebanon near the border with Israel on October 7, 2024. (AFP)
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World Bank Looking to Free up Emergency Funds for Lebanon, Managing Director Says

 A plume of smoke billows following an Israeli air strike on the village of Khiam in southern Lebanon near the border with Israel on October 7, 2024. (AFP)
A plume of smoke billows following an Israeli air strike on the village of Khiam in southern Lebanon near the border with Israel on October 7, 2024. (AFP)

The World Bank is looking to free up emergency funds for Lebanon, potentially including up to $100 million through the use of special clauses in existing loan deals, its managing director of operations told Reuters.

The Washington-based development lender currently has $1.65 billion in loans to the country including a $250 million loan approved this week to help connect dispersed renewable energy projects in the country.

Amid fighting across southern Lebanon, the bank was currently discussing ways in which it could help support the economy, including through the use of so-called Contingent Emergency Response Component (CERCs) clauses.

"We can use our existing portfolio and free up some money for really critical, short-term liquidity needs," Anna Bjerde said.

CERCs are present in around 600 of the bank's existing projects, globally, and allow it to redirect funds that have yet to be disbursed, if requested to by a government, for example after a health or natural disaster, or during conflict.

Lebanon has yet to make such a request, Bjerde said.

After a year of exchanges of fire between Hezbollah and Israel mostly limited to the frontier region, the conflict has significantly escalated in Lebanon.

Hezbollah fired rockets at Israel's third largest city Haifa on Monday, while Israeli forces looked poised to expand ground raids into south Lebanon on the first anniversary of the Gaza war, which has spread conflict across the Middle East.

Lebanon's government could choose to use an existing social protection program that was put in place during the COVID-19 pandemic that allows for financial support to be sent to individuals, Bjerde said.

"It has the benefit of being totally digital so you can reach people, plus it can be verified a bit... so we will also probably use that to top up the social safety net for those that are particularly affected."

Up to 1 million people have been internally displaced in the country, she added: "So it's important we focus on that".

Lebanon's finance ministry and economy ministry did not immediately respond when asked for comment.