WORLD NEWS ROUNDUP: FEBRUARY 27, 2024
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Smartencyclopedia News Broadcast (SNB)

Here’s a summary of the key news to kickstart your Tuesday, featuring the US president’s optimism for a Gaza cease-fire by next week, the tragic death of a US airman who self-immolated in protest against the Gaza genocide, Hungary’s parliament endorsing Sweden’s NATO bid, and the completion of oral arguments at the International Court of Justice regarding Israel’s actions in Palestinian territories.

TOP STORIES

US President Joe Biden expressed his desire for a cease-fire in the Gaza Strip by March 4, stating, “I hope by the end of the weekend… My national security adviser tells me that we’re close. We’re not done yet. My hope is by next Monday we’ll have a cease-fire.” Biden shared these comments with reporters during a campaign visit to New York City at an ice cream parlor.

Since the October 7 cross-border incursion by the Palestinian group Hamas, Israel has been involved in actions that resulted in the death of at least 29,782 Palestinians, along with causing widespread destruction and shortages of necessities in the region.

A US Air Force member, identified as 25-year-old Aaron Bushnell, has passed away in a local hospital after setting himself on fire outside the Israeli Embassy in Washington in protest of the Gaza Strip conflict, as confirmed by the authorities. Bushnell, an active-duty Air Force member, took this extreme step on Sunday to bring attention to what he referred to as the “genocide” in Gaza. Following the incident, he was swiftly transported to a nearby hospital with critical, life-threatening injuries, according to the DC Fire and Emergency Medical Services Department.

On Monday, Hungary’s parliament cast a decisive vote in favor of Sweden’s NATO membership, formally concluding the approval process. As the sole member of the alliance that had not previously granted its endorsement, Hungary’s affirmative vote in Budapest solidified the unanimous support necessary from all 31 NATO member states.

The parliamentary vote, following a recent meeting between Hungarian Prime Minister Viktor Orban and his Swedish counterpart Ulf Kristersson, resulted in a clear majority, with 188 members in favor and six against. This crucial step ensures that Sweden has secured the consent of every NATO member, marking a pivotal moment in the alliance’s expansion process.

The International Court of Justice (ICJ) wrapped up its public hearings on Israel’s occupation of Palestine after a week of oral statements from various countries. Alongside Palestine, 49 other states, such as Turkey, the United States, the United Kingdom, and three international organizations, presented oral statements in The Hague.

“The Court will now initiate its deliberative process. The advisory opinion will be revealed during a public session, and the date for this announcement will be communicated in due course,” declared the principal United Nations court.

NEWS IN BRIEF

  • The unfolding situation in the Gaza Strip and the West Bank is “extraordinary” and “extremely dangerous,” Türkiye’s Deputy Foreign Minister Ahmet Yildiz told the ICJ, demanding an immediate cease-fire.
  • Türkiye is focused on the F-16 warplanes rather than F-35s, President Recep Tayyip Erdogan said.
  • Palestinian Prime Minister Mohammed Shtayyeh sent the resignation of his government to President Mahmoud Abbas.
  • Hezbollah lawmaker Hassan Fadlallah said an Israeli airstrike in central Lebanon “will not go unanswered.”
  • Hamas held the Biden administration responsible for the death of a US airman who set himself on fire over the Gaza conflict.
  • The head of the International Federation of Red Cross and Red Crescent Societies expressed concern over food security in the Gaza Strip.
  • Hundreds of angry farmers returned to Brussels to escalate protests ahead of Tuesday’s European agriculture ministers’ meeting.
  • UN Secretary-General Antonio Guterres warned that an all-out Israeli offensive in Rafah, where hundreds of thousands of displaced Palestinians are sheltering, would put an end to the UN assistance programs.
  • Saudi Arabia denied reports that its Commerce Minister Majid bin Abdullah Al-Qasabi met an Israeli official.

SPORTS

Girona strengthened their bid for the leading position in the Spanish La Liga by securing a 3-0 victory over Rayo Vallecano. The opening goal was scored by Ukrainian winger Viktor Tsygankov, followed by Brazilian midfielder Savio’s left-footed shot in the box in the 91st minute, securing the second goal. In a remarkable turn of events, Savio added another goal just four minutes later.

BUSINESS & ECONOMY

Commerce Secretary Gina Raimondo stated that the United States has set a goal to emerge as a significant producer of cutting-edge logic chips by the conclusion of this decade. Speaking at an event, Raimondo expressed, “Our investments in leading-edge logic chip manufacturing are expected to position us to manufacture approximately 20% of the world’s leading-edge logic chips by 2030, a substantial increase from the current zero percent we contribute.”

According to a report from the International Monetary Fund, the global economy seems to be heading towards a soft landing. However, the report emphasizes that activity and growth prospects continue to be lackluster. The G20 Surveillance Note highlighted that the cyclical position of G20 countries has shown greater strength than initially expected. It pointed out that disinflation has progressed without leading to a recession, and emerging market economies have displayed enhanced resilience.

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