UN Stability Council fails to pass U.S. resolution calling for immediate ceasefire in Gaza

UN Stability Council fails to pass U.S. resolution calling for immediate ceasefire in Gaza


The UN Protection Council votes on a motion for a Gaza ceasefire and hostage deal vote at UN headquarters in New York, on March 22, 2024. Russia and China on Friday vetoed a US-backed draft resolution at the Security Council on a ceasefire in Gaza, with Moscow accusing Washington of a “hypocritical spectacle” that does not tension Israel. (Image by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP by way of Getty Visuals)

Angela Weiss | Afp | Getty Pictures

The United Nations Security Council on Friday failed to move a resolution calling for an speedy ceasefire in Gaza as section of a hostage deal soon after Russia and China vetoed the measure proposed by the United States.

The resolution termed for an “fast and sustained ceasefire” lasting around 6 months that would guard civilians and allow for the delivery of humanitarian support.

“The vast bulk of this council voted in favor of this resolution, but sad to say Russia and China decided to work out its veto,” U.S. Ambassador to the United Nations Linda Thomas-Greenfield instructed the Safety Council.

Prior to the vote, she reported it would be a “historic error” for the council not to adopt the resolution.

Russia’s ambassador to the UN, Vassily Nebenzia, also speaking ahead of the vote, identified as on associates not to vote in favor of the resolution.

Russia’s Ambassador to the United Nations Vasily Nebensya moves his microphone absent after talking to delegates after voting versus a U.S. ceasefire resolution for the Gaza war all through a UN Protection Council conference at the United Nations headquarters on March 22, 2024 in New York Town. 

Eduardo Munoz Alvarez | Getty Visuals

He reported the resolution was “exceedingly politicized” and contained an helpful inexperienced light for Israel to mount a armed service operation in Rafah on the southern idea of the Gaza Strip, where by far more than 50 percent of its 2.3 million people have been sheltering in makeshift tents to escape the Israeli assault farther north.

“This would no cost the arms of Israel and it would result in all of Gaza and its full populace, having to face destruction, devastation, or expulsion,” Nebenzia instructed the assembly.

He said a amount of non-permanent customers of the Safety Council had drafted an alternate resolution, which he referred to as a balanced document, and claimed there was no rationale for members not to support it.



Resource

How investors can use these high-yielding assets to diversify their portfolios
World

How investors can use these high-yielding assets to diversify their portfolios

With interest rates still elevated, investors continue to find juicy yields in collateralized loan obligations. Some $4.7 trillion has flowed into CLO and bank loan exchange-traded funds since the start of the year, following 2024’s record $25.6 billion in inflows , according to State Street. While investors fled the funds, along with many others, in […]

Read More
China issues rare earth licenses to suppliers of top 3 U.S. automakers, sources say: Reuters
World

China issues rare earth licenses to suppliers of top 3 U.S. automakers, sources say: Reuters

FILE PHOTO: A laborer operates a bulldozer at a site of a rare earth metals mine at Nancheng county, Jiangxi province March 14, 2012. Stringer China | Reuters China has granted temporary export licenses to rare-earth suppliers of the top three U.S. automakers, two sources familiar with the matter told Reuters, as supply chain disruptions […]

Read More
U.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2%
World

U.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2%

Hiring decreased just slightly in May even as consumers and companies braced against tariffs and a potentially slowing economy, the Bureau of Labor Statistics reported Friday. Nonfarm payrolls rose 139,000 for the month, above the muted Dow Jones estimate for 125,000 and a bit below the downwardly revised 147,000 that the U.S. economy added in […]

Read More