HAWAIIAN ELECTRIC DEADLINE ALERT: ROSEN, A LEADING LAW FIRM, Encourages Hawaiian Electric Industries, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – HE

NEW YORK, Oct. 11, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Hawaiian Electric Industries, Inc. (NYSE: HE) between February 28, 2019 and August 16, 2023, both dates inclusive (the "Class Period"), of the important October 23, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Hawaiian Electric securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Hawaiian Electric class action, go to https://rosenlegal.com/submit–form/?case_id=18336 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 23, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Hawaiian Electric's wildfire prevention and safety protocols and procedures were inadequate to meet the challenges for which they were ostensibly designed; (2) accordingly, despite knowing the degree of risk that wildfires posed to Maui, the Company's inadequate safety protocols and procedures placed Maui at a heightened risk of devastating wildfires; and (3) as a result, the Company's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Hawaiian Electric class action, go to https://rosenlegal.com/submit–form/?case_id=18336 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the–rosen–law–firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686–1060
Toll Free: (866) 767–3653
Fax: (212) 202–3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com


GLOBENEWSWIRE (Distribution ID 8947672)

Gamer Pakistan Announces Closing of Initial Public Offering

HENDERSON, Nev., Oct. 11, 2023 (GLOBE NEWSWIRE) — Gamer Pakistan Inc. (NASDAQ: GPAK), an early–stage technology and esports company focused on game development and in–game AI community engagement, and organizing esports events in Pakistan, today announced the closing of its initial public offering of 1,700,000 shares at a public offering price per share of $4.00. The Company's stock began trading on the Nasdaq Capital Market under the ticker symbol "GPAK".

The gross proceeds to Gamer Pakistan from the offering, before deducting the underwriting discounts and commissions and offering expenses, amount to $6.8 million. Gamer Pakistan expects to use the net proceeds from the offering to build infrastructure, organize and promote esports tournaments in Pakistan, increase staff, acquire one or more eGame developers, build an integration in to Trade Desk for the Sale of Data to Brands, and provide general working capital.

WestPark Capital, Inc. acted as the Lead Underwriter, and R. F. Lafferty the Book–Running Manager for the offering.

A registration statement on Form S–1 relating to the shares of common stock being sold in this offering was filed with the U.S. Securities and Exchange Commission (“SEC”) and became effective on September 28, 2023.

The offering is being made only by means of a prospectus. A final prospectus relating to the offering was filed with the SEC and is available on the SEC's website at http://www.sec.gov. A copy of the final prospectus relating to this offering may also be obtained from WestPark Capital, Inc., Attn: Prospectus Department, 1800 Century Park East, Suite 220, Los Angeles, CA 90067 or by calling (310) 203–2919 or by emailing prospectus@wpcapital.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Gamer Pakistan

Gamer Pakistan Inc. (NASDAQ: GPAK), is an esports event development and product marketing company that was founded in November 2021 to create college, inter–university and professional esports events for all genders in Pakistan. Operations are conducted through wholly–owned subsidiary K2 Gamer (PVT) Ltd., and affiliate Elite Sports Pakistan Pvt. Ltd. For more information visit www.gamerpakistan.com.

Forward–Looking Statements

All statements in this release that are not based on historical fact are "forward–looking statements." While management has based any forward–looking statements included in this release on its current expectations, the information on which such expectations were based may change. Forward–looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward–looking statements, as a result of various factors including those risks and uncertainties described in the Risk Factors and in Management's Discussion and Analysis of Financial Condition and Results of Operations sections of our recently filed Registration Statement on Form S–1, which can be found on the SEC's website at www.sec.gov. We urge you to consider those risks and uncertainties in evaluating our forward–looking statements. We caution readers not to place undue reliance upon any such forward–looking statements, which speak only as of the date made. Except as otherwise required by the federal securities laws, we disclaim any obligation or undertaking to publicly release any updates or revisions to any forward–looking statement contained herein (or elsewhere) to reflect any change in our expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

Investor Relations Contact:
Chris Tyson
Executive Vice President
MZ North America
Direct: 949–491–8235
GPAK@mzgroup.us
www.mzgroup.us


GLOBENEWSWIRE (Distribution ID 8947836)

FOURT IMPORTANT DEADLINE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Shift4 Payments, Inc. Investors to Secure Counsel Before Important October 19 Deadline in Securities Class Action – FOUR

NEW YORK, Oct. 11, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Shift4 Payments, Inc. (NYSE: FOUR) between November 10, 2021 and April 18, 2023, both dates inclusive (the "Class Period"), of the important October 19, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Shift4 securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Shift4 class action, go to https://rosenlegal.com/submit–form/?case_id=18626 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 19, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Shift4 had inadequate disclosure controls and procedures and internal control over financial reporting; (2) as a result, Shift4 failed to properly account for customer acquisition costs, thereby artificially inflating its net cash provided by operating activities; (3) accordingly, Shift4 would likely be forced to restate one or more of its previously issued financial statements; (4) Shift4 employed accounting maneuvers in connection with, among other things, its mass strategic buyout program and sponsor bank merchant settlement account, that were designed to present an inaccurate picture of, inter alia, the Company's performance, its underlying business quality, and its earnings power; (5) all the foregoing, once revealed, was likely to negatively impact Shift4's reputation and business; and (6) as a result, the Company's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Shift4 class action, go to https://rosenlegal.com/submit–form/?case_id=18626 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the–rosen–law–firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686–1060
Toll Free: (866) 767–3653
Fax: (212) 202–3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com


GLOBENEWSWIRE (Distribution ID 8947613)

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Advance Auto Parts, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – AAP

NEW YORK, Oct. 11, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of common stock of Advance Auto Parts, Inc. (NYSE: AAP) between November 16, 2022 and May 30, 2023, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 8, 2023.

SO WHAT: If you purchased Advance Auto securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Advance Auto class action, go to https://rosenlegal.com/submit–form/?case_id=19738 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 8, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants made materially false and/or misleading statements that: (1) misrepresented the efficacy of Advance Auto's strategic pricing initiative and the impact of price reductions; (2) omitted and/or concealed the negative impacts of the pricing initiative; (3) provided investors with an overly optimistic perception of Advance Auto's operations; and (4) created the false impression that inflation and macroeconomic factors had an insubstantial impact on Advance Auto's margins. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Advance Auto class action, go to https://rosenlegal.com/submit–form/?case_id=19738 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the–rosen–law–firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686–1060
Toll Free: (866) 767–3653
Fax: (212) 202–3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com


GLOBENEWSWIRE (Distribution ID 8947640)

Alarm Raised as Israel’s Ground Military Invasion, Blockade of Gaza Strip Looms

Men walk through a heavily damaged area of central Gaza. Credit: UN News/Ziad Taleb

Men walk through a heavily damaged area of central Gaza. Credit: UN News/Ziad Taleb

By Joyce Chimbi
NAIROBI, Oct 11 2023 – It is a bloodbath and unmitigated mayhem as heavy fighting unfolds between Israeli forces and the Palestinian group Hamas which has taken the world by surprise. Amidst raids, rockets and sustained fierce gunfire, bombs, and death, a humanitarian crisis is unfolding. Now, both sides are warned to consider the impact of their actions on the civilian population. 

Thousands have been killed on both sides and injured in unexpected violent clashes since Saturday, October 7, 2023. Israel has since cut off electricity, water, and food supplies to Gaza, further tightening the illegal siege it has imposed on the estimated 2.2 million Palestinians – half of them children – in Gaza since 2007 and is reportedly preparing for a large-scale ground invasion in addition to ongoing air strikes.

“More than 900 Israelis and at least 750 Palestinians have been killed. It is a time of unprecedented grief, anguish, and sorrow for many people in Palestine-Israel, and we want to start this Webinar by recognizing that all human lives are precious. That the deliberate attacks against civilians we have seen thus far are always wrong and can never be justified,” said Josh Ruebner, Institute for Middle East Understanding’s (IMEU) Director of Government Relations, while moderating a virtual emergency briefing on the Palestine-Israel conflict.

As a violent clashes between Israeli forces and Palestinian groups continue, panelists analyzed the human, political, legal and historical dimensions of the ongoing escalating violence. Photo: Joyce Chimbi/IPS

As violent clashes between Israeli forces and Palestinian groups continue, panellists analyzed the human, political, legal, and historical dimensions of the ongoing escalating violence. Photo: Joyce Chimbi/IPS

“While the violence may be unprecedented in scope in terms of what Israeli civilians are facing today, sadly, this scope of violence directed towards civilians is not unprecedented for Palestinian civilians. And, of course, we have to understand that the conflict did not start on Saturday. There is a history and a context that we need to discuss to have a proper understanding of the events that we are seeing unfold today.”

Ruebner stressed that now is the time to approach the Palestine-Israel situation with wisdom and understanding and to save lives.

“It is not the time to exacerbate the violence by providing Israel with more weapons. Now is the time to re-evaluate the actions that all of us can take to deliver the peace that everyone, Palestinian and Israeli, deserves. There is no going back to the status quo of Israeli apartheid and oppression in Israel’s denial of freedom to the Palestinian people. It is time to pursue and realize justice so that peace may resume.”

Against this backdrop, Mara Kronenfeld, executive director of UNRWA USA – the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) in the Middle East – painted a dire picture of the situation in Gaza. Heavy airstrikes since Saturday have displaced nearly 190,000 people in Gaza, so the UN relief agency for Palestine refugees, UNRWA, is sheltering 137,500 men, women, and children in 83 of its 288 schools, according to the agency’s latest situation report. As of Tuesday, 18 UNRWA facilities sustained collateral and direct damage from airstrikes, with injuries and deaths reported.

She said that except for the bread that the World Food Programme is distributing under great difficulties, there is nothing else to eat in the Gaza Strip as shops and grocers that have survived the bombing remain closed. It is a moment-to-moment survival against the violent onslaught that is likely to worsen if Israel brings Gaza under a total siege as already promised. In this context, panellists analyzed the human, political, legal, and historical dimensions of the ongoing escalating violence.

UNRWA on X give details of the humanitarian crisis unfolding in Gaza. Credit: X

UNRWA on X gives details of the humanitarian crisis unfolding in Gaza. Credit: X

“Since Saturday, we have not been able to get a hold of our whole family – they live up North. The internet and phone services have been disrupted, and the electricity has been cut off. We are having great difficulties connecting with family. We came back from Gaza two months ago and were happy to see that people were starting to access opportunities. There is a sense of life in Gaza in the summer because it is a beach town, but a very sad beach town right now, and the reality is that death is all around,” explained Hani Almadhoun.

“My sister escaped death by a minute the other day when she ventured out to buy bread, and there was a massacre of about 50 people. My sister said that it was a bloodbath of civilians. My father has a grocery store, and he has not been able to open it. People are going without the very basic necessities.”

On international legal obligations in the context of the Israel-Palestine conflict, Zaha Hassan – Outreach Associate of Just Vision in Gaza – said both Israel and Hamas are under a legal obligation to avoid targeting civilians or recklessly engaging in military activity without regard to civilian lives. Israel is the occupying power and, as such, bears the duty and responsibility to protect civilian life in Gaza, the same way it has a duty to protect Israeli civilians.

“Gaza is still occupied territory. Israel controls all aspects of Palestinian life in Gaza, from birth to death and everything in between – whether it is access to food, water, and electricity. Israel can come in and out of Gaza at will. We are now waiting for the Israeli military to possibly enter Gaza with ground troops. It should be noted that Palestinians have an international legal right to resist occupation, but like Israel, Palestinian’s resistance fires must be guided by the legal doctrine of distinction and proportionality. What we know from past bombardment invasions of Gaza is that Israel has not made these distinctions,” Hassan emphasized.

Daniel Levy, President of the U.S./Middle East Project (USMEP) and former advisor to former Israeli Prime Minister Ehud Barak, spoke about the policy ramifications of Israel declaring war on Gaza. He was appalled that even though the events that unfolded last Saturday were regrettable, a promise could be made on the back of those events to commit heinous war crimes in Gaza. He was speaking about the public announcement that Israel was at war with Hamas and that what was therefore before will no longer be – a dire warning of the atrocities to come.

Levy said that it was inexcusable that the world shrugged at this promise of death and destruction, committed support to Israel and promised more weapons to undertake and execute a war crime. He urged the global community to step back and acknowledge that the Israel-Palestine history did not begin at 6 am in the morning on Saturday. There is a long history as to why Palestinians in Gaza are still refugees and why they are trying to go back home.

IPS UN Bureau Report

 


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“Israel’s 9/11” is a Slogan to Rationalize Open-Ended Killing of Palestinian Civilians

A building is engulfed in flames in central Gaza. Credit: UN News/Ziad Taleb

By Norman Solomon
SAN FRANCISCO, USA, Oct 11 2023 – When Israel’s ambassador to the United Nations spoke outside the Security Council on Sunday, he said: “This is Israel’s 9/11. This is Israel’s 9/11.” Meanwhile, in a PBS NewsHour interview, Israel’s ambassador to the United States said: “This is, as someone said, our 9/11.”

While the phrase might seem logical, “Israel’s 9/11” is already being used as a huge propaganda weapon by Israel’s government — now engaged in massive war crimes against civilians in Gaza, after mass murder of Israelis by Hamas last weekend.

On the surface, an analogy between the atrocities just suffered by Israelis and what happened on Sept. 11, 2001 might seem to justify calls for unequivocal solidarity with Israel. But horrific actions are in process from an Israeli government that has long maintained a system of apartheid while crushing basic human rights of Palestinian people.

What is very sinister about trumpeting “Israel’s 9/11” is what happened after America’s 9/11. Wearing the shroud of victim, the United States proceeded to use the horrible tragedy suffered inside its own borders as a license to kill vast numbers of people in the name of retaliation, righteousness and, of course, the “war on terror.”

It’s a playbook that the government of Benjamin Netanyahu is currently adapting and implementing with a vengeance. Now underway, Israel’s collective punishment of 2.3 million people in Gaza is an intensification of what Israel has been doing to Palestinians for decades.

But Israel’s extremism, more than ever touting itself as a matter of self-defense, is at new racist depths of willingness to treat human beings as suitable for extermination.

On Monday, Israel’s Defense Minister Yoav Gallant described Palestinians as “beastly people” and said: “We are fighting animals and are acting accordingly.”

Indiscriminate bombing is now happening along with a cutoff of food, water, electricity and fuel. Noting that “even before the latest restrictions, residents of Gaza already faced widespread food insecurity, restrictions on movement and water shortages,” the BBC reported that a UN official said people in Gaza “were ‘terrified’ by the current situation and worried for their safety — as well as that of their children and families.”

This is a terrible echo from the post-9/11 approach of the U.S. government, which from the outset after Sept. 11, 2001 conferred advance absolution on itself for any and all of its future crimes against humanity.

In the name of fighting terrorism, the United States inflicted collective punishment on huge numbers of people who had absolutely nothing to do with 9/11. The Costs of War project at Brown University calculates more than 400,000 direct civilian deaths “in the violence of the U.S. post-9/11 wars in Afghanistan, Pakistan, Iraq, Syria, Yemen and elsewhere.”

Early in the “war on terror,” Defense Secretary Donald Rumsfeld had fashioned a template to provide approval for virtually any killing by the U.S. military. “We did not start this war,” he said at a news briefing in December 2001, two months into the Afghanistan war. “So, understand, responsibility for every single casualty in this war, whether they’re innocent Afghans or innocent Americans, rests at the feet of the al Qaeda and the Taliban.”

Rumsfeld was showered with acclaim from the U.S. media establishment, while he not only insisted that the U.S. government had no responsibility for the deaths caused by its armed forces; he also attested to the American military’s notable decency.

“The targeting capabilities, and the care that goes into targeting, to see that the precise targets are struck, and that other targets are not struck, is as impressive as anything anyone could see,” Rumsfeld said. He lauded “the care that goes into it, the humanity that goes into it.”

Even before its current high-tech attack on Gaza, Israel had amassed a long track record of killing civilians there, while denying it every step of the way. For instance, the United Nations found that during Israel’s 2014 “Operation Protective Edge” assault, 1,462 Palestinian civilians died, including 495 children.

There’s no reason to doubt that the civilian death toll from the present Israeli military actions in Gaza will soon climb far above the number of people killed by the Hamas assault days ago. As in the aftermath of 9/11, official claims to be only fighting terrorism will continue to serve as PR smokescreens for a government terrorizing and inflicting mass carnage on Palestinians.

Deserving only unequivocal condemnation, Hamas’s killing and abduction of civilians set the stage for Israel’s slaughter of civilians now underway in Gaza.

Absent from the New York Times home page Monday night and relegated to page 9 of the newspaper’s print edition on Tuesday, a grisly news story began this way: “Israeli airstrikes pounded Gaza on Monday, flattening mosques over the heads of worshipers, wiping away a busy marketplace full of shoppers and killing entire families, witnesses and authorities in Gaza said.”

“Five Israeli airstrikes ripped through the marketplace in the Jabaliya refugee camp, reducing it to rubble and killing dozens, the authorities said. Other strikes hit four mosques in the Shati refugee camp and killed people worshiping inside, they said. Witnesses said boys had been playing soccer outside one of the mosques when it was struck.”

Along with releasing a statement about the latest tragic turn of events, at RootsAction.org we’ve offered supporters of a just peace a quick way to email their members of Congress and President Biden. The gist of the message is that “the horrific cycle of violence in the Middle East will not end until the Israeli occupation ends — and a huge obstacle to ending the occupation has been the U.S. government.”

Norman Solomon is national director of RootsAction.org and executive director of the Institute for Public Accuracy. He is the author of many books including War Made Easy. His latest book, War Made Invisible: How America Hides the Human Toll of Its Military Machine, was published in summer 2023 by The New Press.

IPS UN Bureau

 


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Beware Climate Finance Charade

By Jomo Kwame Sundaram
KUALA LUMPUR, Malaysia, Oct 11 2023 – Finance has increased, not reduced, greenhouse gas (GHG) emissions. Meanwhile, funding for mitigation, and especially adaptation, is grossly inadequate, with little for climate losses and damages.

Global warming accelerating
Rich countries are mainly responsible for the fast-worsening global warming as developing nations suffer more of its adverse effects. Worse, they are much more financially constrained, e.g., due to the higher costs of and poorer access to credit.

Jomo Kwame Sundaram

Before the 2009 UN Climate Change Conference of Parties (CoP) in Copenhagen, rich countries promised to provide $100 billion yearly to developing nations until 2020 for climate finance, after which such assistance would increase.

But the Inter-Governmental Panel on Climate Change (IPCC) found their promise well short of needs. It also estimated total climate finance – from both public and private sources – at only $640 billion, i.e., averaging about $60 billion yearly.

Adaptation costs until 2030 have been assessed at up to $411 billion annually, with most yearly estimates exceeding $100 billion! But even this does not cover financial losses and damages due to climate change, which have barely been funded.

Climate finance pathetic
Official estimates claim about $80 billion was mobilized in 2020, the most ever, but still well short of rich nations’ commitments. A significant share came from private finance plus a third via multilateral financial institutions. But these estimates – especially for private finance – are widely seen as grossly exaggerated.

Commitments by rich countries to the IMF’s Resilience and Sustainability Trust Fund – to provide climate finance to a few poor countries under very restrictive conditions – have been modest despite much fanfare and rhetoric.

Bilateral official transfers during 2013-19 were under $18 billion annually, averaging between a quarter to a third of all climate finance delivered. Rich country governments have since spent several trillions on the pandemic and the Ukraine war!

Rich nations’ climate finance proposals are mainly about more loans, not grants. But more government borrowings have already worsened the climate and debt crises. Clearly, more developing country debt cannot be both problem and solution.

More concessional climate finance would not cost much as rich nations have about $400 billion of special drawing rights (SDRs) from the International Monetary Fund (IMF) – virtually ‘free’ foreign exchange reserve assets – which they hardly use.

Fossil fuels still subsidized
Very limited non-concessional climate finance contrasts sharply with rich nations’ fossil fuel subsidies. Their governments have long enabled such energy generation while insisting poor countries cut GHG emissions.

The actual extent of such subsidies has been obscured by prevailing discourses, especially over statistics. The Organization for Economic Cooperation and Development (OECD) and International Energy Agency (IEA) measure of government support for fossil fuels only considers direct budget transfers and subsidies other than tax breaks.

The duo found 52 developed and ‘emerging’ country governments accounted for 90% of world fossil fuel energy supply. Their total subsidies averaged $555 billion annually during 2017-19, i.e., before the pandemic.

But this greatly understates actual government fossil fuel subsidies. IMF research recognizing implicit subsidies – including environmental costs and lost consumption taxes – finds much higher subsidies than thus acknowledged.

The IMF study estimated world fossil fuel subsidies in 2020 at $5.9 trillion – more than ten times the OECD-IEA estimate, with implicit subsidies accounting for 92% of the total!

China provided the most, followed by the US, Russia, India and the European Union. Total US fossil fuel subsidies in 2020 – mostly implicit – came to $662 billion, while the Biden administration’s climate finance commitment came to only $5.7 billion!

More recent government interventions continue to skew market incentives to favour – rather than limit – fossil fuels. Hence, private finance has mainly gone to fossil fuel energy investments, despite much rhetoric about greening finance.

Private finance problem, not solution
Better data on fuel finance – by source, destination and power generation capacity – are essential. But lack of reliable, comprehensive and transparent data – on cross-border, particularly private financial flows for fossil fuels – prevents better analysis and policy.

The UK hosts of CoP26 in Glasgow in late 2021 pledged to end coal burning for energy generation. But less than half a year later, European and other countries sanctioning Russian gas exports were pursuing the opposite.

Most foreign financing for coal comes from rich nations’ commercial banks and institutional investors. Fourteen of the top 15 lenders to new coal investments worldwide were from wealthy economies.

The main institutional investors in fossil fuel company stocks and bonds are also from such nations, with the top three – BlackRock, Vanguard, and Capital Group – all US-based.

GHG emissions by major transnational corporations – including supposedly green companies – are considerable because of such fossil fuel energy. Emissions generated by these investments exceeded all others.

Address policy reversals
The Ukraine war has been used by many governments to abandon their already modest and inadequate climate promises. And instead of using the oil price spike to accelerate the transition away from fossil fuels, many governments have been subsidizing domestic energy prices.

Hence, the Global Green New Deal (GGND) – proposed by the UN during the 2008 global financial crisis (GFC) – is even more relevant now. The GGND urged a strong, green, equitable and inclusive economic recovery after the GFC.

Taking account of what has happened in the interim is also essential to achieve the needed ‘big push’ for renewable energy to create the conditions for sustainable development for all.

IPS UN Bureau

 


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Kazakhstan’s Interfaith Initiative: Fostering Global Harmony through Wisdom and Leadership

7th Congress of Leaders of World and Traditional Religions Group photo. Credit: Secretariat of the congress

By Katsuhiro Asagiri
ASTANA, Kazakhstan, Oct 11 2023 – In the heart of Central Asia, a nation renowned for its rich cultural diversity, multi-ethnic society, and spiritual traditions has emerged as a global beacon of interfaith harmony and understanding. Over the past two decades, Kazakhstan’s Congress of Leaders of World and Traditional Religions (The Congress) has played an instrumental role in promoting dialogue, forging unity, and advocating for peace among diverse faiths worldwide. Rooted in Kazakhstan’s deep spiritual heritage and wisdom, this initiative has evolved into a symbol of international cooperation and tolerance. As we reflect on its remarkable journey and look ahead to its future under the leadership of President Kassym-Jomart Tokayev, it becomes evident that the Congress is poised to make even greater strides toward fostering global harmony and unity.

A History of Resilience and Tolerance

Kazakhstan’s history is a tapestry woven with threads of resilience, tolerance, and spiritual fortitude. A nation that transitioned from a nomadic civilization to a modern, multi-ethnic, and multi-religious society faced numerous trials and tribulations along the way. Yet, the Kazakh people maintained a steadfast connection to their spiritual roots, allowing them to thrive in a diverse and inclusive society.

The hardships endured by the Kazakh people throughout history have shaped their deep spirituality and wisdom. From Russian imperial expansion to the ravages of the USSR era, Kazakhstan faced tremendous challenges. Forced settlement policies, famine, and the suppression of cultural and religious identity were stark realities. However, these trials also ignited a collective spirit of survival and resilience, demonstrating the importance of cultural preservation and the celebration of diversity.

Press Briefing was held at Ministry of Foreign Affairs ahead of the XXI anniversary meeting of the Secretariat of the Congress of Leaders of World and Traditional Religions on October 11, 2023. The agenda for the meeting includes an exchange of views on the outcomes of the VII Congress of Leaders of World and Traditional Religions. Discussions will also focus on the Concept of Development of the Congress of Leaders of World and Traditional Religions for 2023-2033. Credit: Ministry of Foreign Affairs of Kazakhstan

Kazakhstan’s journey to independence brought with it a commitment to religious freedom and tolerance. From 1949 to 89, the USSR conducted 456 nuclear tests at the Semipalatinsk nuclear testing site in eastern Kazakhstan, an area roughly equivalent in size to Belgium. It is estimated that about 1.5 million people suffered health effects because of these tests. Despite this history of adversity, when the USSR dissolved, Kazakhstan, not only guaranteed equality for all ethnic groups and religious freedom but also successfully secured the closure of the Semipalatinsk nuclear testing site and the complete abandonment of the world’s fourth-largest nuclear arsenal. Since then, Kazakhstan has been one of the most active countries in advocating for a “nuclear-free world” based on the UN framework.

Despite Soviet policies aimed at eradicating nomadic culture and promoting settlement, Kazakhstan successfully preserved its rich cultural heritage. The nation not only maintained traditions passed down from ancestors but also enshrined in its constitution a policy that treats the traditions, cultures, and religions of non-Kazakh people as equal to Kazakh culture. This forward-thinking approach promotes social harmony and serves as a powerful lesson from the suppression of Kazakh culture during the USSR era.

The Congress: A Shining Beacon

The Congress stands as a beacon of interfaith harmony, powered by Kazakhstan’s deep commitment to religious tolerance. Serving as a distinctive forum, it unites leaders from myriad faiths to jointly foster global peace. Kazakhstan, with its mosaic of Islamic, Turkic, and nomadic influences, offers a melting pot for dialogues that intertwine East with West and bridge diverse religious doctrines. Upholding a neutral stance in global affairs, Kazakhstan ensures the Congress remains a sanctuary for unbiased, apolitical discussions. Addressing urgent issues like religious extremism, terrorism, and environmental threats, the Congress strives for collective solutions.

President Tokayev’s Vision for the Future

As the Congress is poised for further evolution. President Tokayev’s leadership brings a renewed focus on interfaith dialogue and cooperation in a world grappling with increasing complexity. While he believes diplomacy is essential in facilitating cooperation, he sees religious leaders (Approximately 85% of the world’s population identifies with a religion) as indispensable agents of change in building a new world system focused on peace. He emphasizes the shared principles of all religions, such as the sanctity of human life, mutual support, and the rejection of destructive rivalry and hostility, as the foundation for such a system.

President Tokayev outlines practical ways in which religious leaders can contribute to world peace, including healing societal wounds following conflicts, preventing negative trends that undermine tolerance, and addressing the impact of digital technology on society. He highlights the need to cultivate spiritual values and moral guidelines to navigate the challenges posed by rapid technological advancements.

A Future of Unity and Harmony

As the Congress continues to evolve, it serves as a beacon of hope in an increasingly divided world. Kazakhstan’s steadfast dedication to interfaith dialogue reminds us that spirituality and wisdom can pave the path to a more peaceful and harmonious global society.

Kazakhstan’s journey from its tumultuous past to a beacon of hope for interfaith dialogue is a testament to the deep spirituality and wisdom of its people. The Congress continues to illuminate the path to global harmony and unity, demonstrating the power of dialogue, mutual understanding, and the enduring human spirit.

Katsuhiro Asagiri is President of INPS Japan

IPS UN Bureau

 


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