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Armenian official: No student should be denied, due to tuition fees, opportunity to receive higher education

14:48, 29.07.2022
Region:Armenia

It is very important for the government of Armenia that no student who demonstrates high progress and proper behavior is deprived of the opportunity to receive professional and higher education because of tuition fees. Deputy Prime Minister Hambardzum Matevosyan wrote this on Facebook, noting that this is one of the cornerstone approaches of the State Program for Development of Education until 2030, approved at Thursday’s Cabinet session of the government—but which still needs to be debated on and adopted by the National Assembly.
“On the other hand, pursuing balanced territorial development, we aim to make educational services affordable to every citizen of Armenia—in his own place of residence.
“Also, I underscore that in the context of international trends in education transformation, the Program sets a task that Armenia will have an internationally competitive education system in 2030,” Matevosyan added, in particular.

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Khamenei’s Latest Antisemitic Twitter Rant Prompts US Special Envoy to Call for Ban

JULY 29, 2022

IRANWIRE

On Thursday, 28 July, the US Special Envoy to Monitor and Combat Antisemitism, Deborah Lipstadt, protested against an antisemitic tweet published on the Twitter account of Ayatollah Ali Khamenei, Iran’s Supreme Leader, and demanded that such messages stop.
Khamenei had called the “Western powers” a “mafia” with “Zionist merchants” at the top who give orders to elected politicians. The United States is their “showcase,” he added.
 

Calls for Khamenei’s Twitter account to be shut down followed his statement. But in response, later on Thursday, his website said that Khamenei’s statement was part of a letter to be published called “The Truth of the West.”
“We denounce this continued, egregious antisemitism,” Lipstadt said. “This rhetoric is unacceptable – not to mention dangerous – especially from a head of state. It must cease.”
 

Repeating the myth that the wealth of the world is in the hands of Jewish people and that, through this wealth, they control the political and economic affairs of the world, is an example of antisemitism. Khamenei’s tweet sparked a fresh debate of antisemitism among Iran’s ruling establishment – which has considerable precedent.
Mahmoud Ahmadinejad, when he was Iran’s president from 2005 to 2013, cast doubts on the reality of the Holocaust and the killing of millions of Jews by the Nazis during the Second World War. He and commanders of Iran’s Islamic Revolutionary Guards Corp also called for Israel to be erased from the map. Khamenei himself has has repeatedly talked about “the non-existence of Israel in the next 25 years.”
Khamenei’s use of Twitter to spread antisemitic messages occurs even as ordinary Iranians are blocked from using the social media network. Users inside Iran are forced to circumvent the block to gain access.
Kylie Moore-Gilbert, the Australian-British university professor who was jailed in Iran between 2018-2020 on trumped-up espionage charges, called on Twitter to block Khamenei’s account.
 

In February 2018, four Republican senators wrote in a letter to Twitter’s Chief Executive Officer that, based on US sanctions against Iran, the user accounts of Ali Khamenei and Mohammad Javad Zarif, Iran’s foreign minister at the time, should be closed.

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New law “On political parties” being prepared in Azerbaijan: Opinions of politicians

29.07.2022

JAMnews

Baku

New law “On political parties” in Azerbaijan
The Parliament of Azerbaijan has begun preparing the draft of a new law on political parties. The current law was adopted in 1992. According to MP Erkin Gadirli, the old law would be fine if it were merely enacted. The leader of the Musavat opposition party, Arif Hajili, believes the passing of new laws in the country to be reactionary.
 
Representatives of all political parties in the Azerbaijani parliament have applied to the chairman regarding a new draft law on political parties. This message was conveyed by the press service of the Milli Majlis (parliament of Azerbaijan).

Venice Commission:
Azerbaijan’s new Media law is “unacceptable” for Council of Europe member state
“Such a law cannot be applied in a member state of the Council of Europe” – Venice Commission says Azerbaijani new law on media is ‘unacceptable’
 


 

Given the social significance of this law, political parties registered in the country have been invited to submit their proposals on a new bill to parliament.
Opinions of politicians
“There’s the a ruling party, the main opposition party, and there should be other political parties. A system should be formed that will create broader opportunities for the activities of all parties. These opportunities have been created by our state, and their expansion is a primary task,” Elman Nasirli, MP from the ruling Yeni Azerbaijan (New Azerbaijan) Party, said in an interview with Turan News Agency.
In his opinion, a new political culture has been formed in Azerbaijan, an environment open to political dialogue has emerged. “It is very important to take this into account in the law on political parties,” he added.
Erkin Gadirli, a member of the Republican Alternative opposition party, believes it is possible to live with the old law. “The current law is from 1992. If this law were applied correctly, it would be possible to live with it. But there are outdated provisions. Since 1992 the electoral system and several legislative acts have changed, but the Law on Political Parties has remained the same,” he said.
 

‘Denial of justice’ Azerbaijani MP comments on Russian aggression during PACE meeting
During his address, Azerbaijani MP Erkin Gadirli in PACE discussed the issue of impunity for the aggressive calls and speeches of Russian politicians
 

“Our expectation as a party is liberalization, for which a regulatory and legal framework should be drawn up. The political arena needs substantive renovation and openness,” Gadirli cautioned.
High time to change the law
Tural Abbasly, chairman of the opposition party Ag Party (White Party), is certain that it is high time to change the old law on political parties.
“Currently, political parties in Azerbaijan have no influence, legally they do not have any privileges, they do not have any mechanism to influence elections, the political life of the state. Because of such hopelessness, people are not drawn to parties.
“Naturally, if the law is changed, but elections are held again according to the majoritarian system, then there’s no need for a new law, because the parties are structured in a proportional election system.
“I regret to say that it is not yet known what the bill will be. So far there has been no public discussion. We would love to have such discussion. The draft law was available.
“We hope that the new law will be the first step towards a healthy rivalry between political parties. If today there are 58 parties in the country, then 5-10 parties will remain, and they will work not as interest groups but as real political parties,” Abbasli said in an interview with cebheinfo.
The head of the Musavat opposition party, Arif Hajili, does not expect positive results from any change to the law:
“Unfortunately, changes to the Constitution or laws in Azerbaijan are usually reactionary. Any changes in referendums, democratic institutions and freedoms have always been aimed at limiting the activities of real opposition parties and civil society.

“But in any case, we will discuss this issue and the Musavat party will take a position. If a common decision is made, we will develop additions and amendments to the law or a new law.”

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In a rare session in Aden, Yemen’s parliament approves new leadership council, government

The president of Yemen’s Presidential Leadership Council on Tuesday takes the oath of office before a session of the parliament in Aden. (SABA)

AL-MUKALLA: The president and other members of Yemen’s Presidential Leadership Council on Tuesday took the oath of office before a rare session of the parliament in the southern port city of Aden.
Led by veteran Yemeni politician and security official Rashad Al-Alimi, the eight-man council was formed on April 7 after Yemen’s former President Abed Rabbo Mansour Hadi passed his powers to the council that would run the country and lead peace and war efforts with the Iran-backed Houthis.
The council is made up of leaders of powerful military units such as the Giants Brigades and the National Resistance, as well as the Southern Transitional Council and the governors of various provinces. It is expected to bring together fragmented political and military forces under its umbrella and would also be responsible for addressing the country’s thorny issues, including crumbling services and falling currency.
The swearing-in ceremony was held at an undisclosed location in Aden, the interim capital of Yemen, amid tightened security measures and was attended by the UN and US envoys to Yemen, EU and Gulf Cooperation Council ambassadors to Yemen and senior Yemeni officials.
During the same session, the parliament also reposed its trust in the government of Prime Minister Maeen Abdul Malik Saeed and its plan to revive the economy and boost revenues.
Abdul Baset Al-Qaedi, undersecretary at Yemen’s Information Ministry, told Arab News from Aden that the gathering was “historic” as all the country’s major bodies, including parliament, the Shoura Council, the government and the president of the country were in Aden for the first time since the beginning of the war.
“This is truly a historic and long-delayed session that will show results,” Al-Qaedi said.
Western envoys who attended the ceremony expressed hopes that the new council would help achieve a comprehensive peace deal to end the war in Yemen.
“A moment of hope for many Yemeni citizens. We trust the council will work toward a just and inclusive peace in Yemen,” Peter-Derrek Hof, the Dutch ambassador to Yemen, said on Twitter.

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How Turkey Is Embracing the New World Order

July 28, 2022
Nominally a member of NATO, Turkey no longer sees itself under the aegis of the United States and is forming new alliances.
by Robert Ellis

In 1964, Turkish prime minister Ismet Inönü had hoped the United States would intervene in the conflict between Turkish and Greek Cypriots in Cyprus. If it failed to do so, he warned the Western alliance would break up and a new world would be established under new conditions. Turkey would also find its place in this world.
Although this was almost sixty years ago, something similar is occurring against the backdrop of Russia’s invasion of Ukraine. Nominally a member of NATO, Turkey no longer sees itself under the aegis of the United States and is forming new alliances.

Ahead of his visit with Chinese foreign minister Wang Yi, Russian foreign minister Sergey Lavrov stated that both Russia, China, and their “sympathizers” would together move towards a “multipolar, just, and democratic world order.”
In a July speech for the Ditchley Foundation, former British premier Tony Blair observed that the West had reached a new inflection point. He concluded that the biggest geopolitical change of this century will come from China, not Russia. According to Blair, it is the first time in modern history that the East can be on equal terms with the West in contrast to 1945 or 1980 (the collapse of the Soviet Union), when Western democracy was essentially ascendant.
Blair believes we are coming to the end of Western political and economic dominance, and that the world is going to be at least bipolar and possibly multipolar. So where does this leave Turkey?

During the Cold War period, Turkey was a staunch member of NATO, which went hand-in-glove with its Western-oriented foreign policy. But as Turkish philosopher “Bearded” Celal noted: “Turkey is a ship heading for the East. Those aboard think they are heading for the West. In fact, they are just running westwards in a ship sailing eastwards.”
Turkey’s official Kemalist ideology was countered, for example, by the hard-line Islamist Necmettin Erbakan, whose Refah (“Welfare”) Party was banned in 1998. In the 1970s Turkey’s President Recep Tayyip Erdogan was also the head of the Istanbul youth branch of Erbakan’s earlier National Salvation Party.
Learning from his mentor’s mistakes, in 2001 Erdogan founded the Justice and Development Party (AKP), which came to power the following year as a reformist party. However, despite international acclaim, it gradually became apparent that Erdogan and the AKP had another agenda. As British parliamentarian Andrew Duff, a former supporter, concluded, the AKP had simply replaced Kemalism with Islamism.
This worldview has shaped both Turkey’s domestic and foreign policy. In 2001, Ahmet Davutoglu, Erdogan’s future chief advisor, foreign minister, and prime minister, advocated for “Strategic Depth”—that Turkey’s foreign policy should be built on engagement with countries with which it shared a common past and geography.
As Davutoglu explained in a speech in Sarajevo in 2009, “Like in the 16th century, when the Ottoman Balkans were rising, we will once again make the Balkans, the Caucasus and the Middle East, together with Turkey, the centre of world politics in the future.”
There were no limits to his ambition. As he explained to an AKP congress in Konya three years later, “On the march of our holy nation the AK Party signals the birth of a global power and the mission for a new world order.”
The world order (nizam-i âlem) was an Ottoman concept, according to which the world order in all its aspects—political, social and economic—was ruled by religion (Islam).
A fortnight later, Davutoglu proclaimed his vision for the Middle East in the Turkish parliament: “A new Middle East is about to be born. We will be the owner, pioneer and servant of this new Middle East.”
Unfortunately, his policy of “zero problems with neighbours” collided with reality and Davutoglu, who had been hailed as “a true grandson of the Ottomans,” resigned in 2016.
In October 2012, Islamic scholar Ibrahim Kalin, who later became Erdogan’s chief advisor and spokesman, posited a new geopolitical framework at the Istanbul Forum which rejected the European model of secular democracy, politics, and pluralism. Instead, he called for a value-based and principled foreign policy, without explaining which values and principles he had in mind.
Six years later, Erdogan’s head of international relations, Ayse Sözen Usluer, made it clear that Turkey felt no need to choose between the West and the East, or between the United States and Russia. She explained that Turkey had long preferred to diversify its foreign policy choices: Turkey no longer saw its foreign policy within the framework of the Cold War or East vs. West alliances. A trilateral summit between the Russian, Iranian, and Turkish leaders and a meeting between Erdogan and Russian president Vladimir Putin in Ankara underlined Turkey’s strategic importance and not a shift of axis.
On the one hand, in St. Petersburg in 2013, Erdogan called on Putin to let Turkey into the Shanghai Cooperation Organization “and save us from this trouble” (the European Union’s demands for genuine reform). Yet in January, Erdogan declared that EU membership still remains a strategic priority, which indicates how hard-pressed he is by the collapse of Turkey’s economy.
In March at the Doha Forum in Qatar, Ibrahim Kalin reiterated his call for a new security architecture in the world, which again begs the question of what role Turkey will play.
With regard to Turkey’s professed neutrality in the conflict between Ukraine and Russia, Ankara is trying to have its cake and eat it too. It has not only condemned Russia’s invasion of Ukraine but at the same time called on Russian oligarchs to invest in Turkey.
At the same time, the photo op of Ebrahim Raisi, Erdogan, and Putin with linked hands at the recent summit in Tehran has an ominous ring. It brings to mind George W. Bush’s “axis of evil” speech and is a far cry from Kemal Atatürk’s maxim of “peace at home, peace in the world.”
Robert Ellis is an international advisor at RIEAS (Research Institute for European and Amerian Studies) in Athens.

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Gantz: Hamas commits crimes against humanity

August 1, 2022 —  Tags: 

Israel’s top defense official made the charge following a tour of the nation’s southern border with Gaza.
By Jonathan Hessen and Erin Viner
Hamas launches attacks from within (Palestinian) population centers towards (Israeli) population centers,” stated Defense Minister Benny Gantz, insisting that “The whole world must see this crime against humanity.”
He stressed that the IDF has provided documentation to reveal how the Islamist rulers of Gaza endangers the lives of Palestinian civilians. Last week, the Israeli military released footage showing Hamas military infrastructure placed in close proximity to civilian sites including schools, universities, mosques and commercial factories.
The statements were issued during the Israeli Defense Minister’s inspection of the IDF Gaza Division, together with Deputy Defense Minister Alon Shuster, IDF Southern Command Head Maj. Gen. Eliezer Toledano, Head of the Operations Directorate Maj. Gen. Oded Basiuk and Head of the Gaza Division Brig. Gen. Nimrod Aloni.
Saying that the security establishment works tirelessly “to ensure security and stability for our citizens, by operating against the Hamas terrorist organization,” Minister Gantz vowed, “Israel will operate with precision and force against terror targets, and defend the citizens of the State of Israel.”
Following the inspection, Gantz visited a kindergarten complex in the Kfar Aza area. The protective infrastructure of 30 children’s nurseries along the Gaza border have been refurbished this year “as part of a wider program led by the defense establishment and the IDF,” said an Israeli Ministry of Defense (IMoD) statement, accompanied by the building of an additional 25 protected kindergartens in the area.
Israel’s latest exposure of Hamas military infrastructure within civilian neighborhoods is nothing new – nor is the resounding silence over the matter emanating from the international community.

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Egyptian court requests killer’s execution to be telecast

Brutal public murder of female student by her colleague last month sparked outrage

Published:  July 26, 2022 15:50

Egyptian university student Naira Ashraf in an undated photo. Image Credit: Facebook 
 

Cairo: An Egyptian court has requested authorities to allow the execution of a young man, sentenced to death for murdering his female classmate, to be shown on air to achieve deterrence, according to media reports.

On July 6, a criminal court in the Delta city of Mansoura handed down the death sentence to the 21-year-old convict on charges of premediated murder in the case that sent shockwaves across Egypt.

The ruling can be appealed.

The victim, named Naira Ashraf, was knifed to death by her colleague Mohammed Adel outside the state Mansoura University, north of Cairo, on June 20, after she had rejected his marriage proposal.

As part of its explanation for the verdict, the court demanded an amendment to law to allow the broadcasting of the convict’s execution by hanging.

“Hasn’t the time come for the legislator to make implementation of legal [death] punishment be seen as the illegal shedding of blood [murder] was seen?” the court was quoted as saying.

The court said allowing the execution or part of it to be shown on air could help “fulfil the sought-after deterrence”.

But live broadcasting of an execution requires new legislation from the Egyptian parliament and approval from the head of the state, legal experts said.

Under Egyptian law, execution is carried out inside prison in the presence of a deputy prosecutor-general, the prison chief, a doctor and a representative of a religious authority based on the inmate’s religious affiliation.

Executions are banned on religious or official occasions.

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Lower House, Government hold consultative meeting on national issues

 

Ammon News – [28-07-2022 11:24 AM]

Ammon News -The Lower House of Parliament on Wednesday held a consultative meeting with the government, attended by Speaker Abdul Karim Al-Dughmi, Prime Minister Bisher Khasawneh and the cabinet members.
The meeting covered a number of national issues in various political, economic, social and service fields.
MPs also presented a number of demands and general issues.
Al-Dughmi said that the meeting was in line with the rules of procedure and the provisions of the constitution.
He indicated that the current extraordinary session does not allow for holding oversight sessions in accordance with the constitution, which was clear in this matter in terms of the inadmissibility of raising any topic that was not mentioned in the text of the royal decree.
Al-Dughmi added MPs raised many issues of public concern, pointing out that the government confirmed its interest and follow-up to their demands.
He noted that the government committed, upon his request, to provide the parliament with answers to all the MPs’ observations.
Khasawneh, in turn, stressed the government’s commitment to the relations of cooperation and joint responsibility with the Lower House, in a transparent and clear manner and in a way that serves the interests of the country and citizens.
The Prime Minister also underlined the government’s respect for the Lower House’s oversight and legislative role, and its constant readiness to interact with MPs and cooperate in solving issues they raise, whether during sessions or consultative meetings such as this important one “which we are all keen on its continuity and obtaining the best results from it”.
Khasawneh reiterated that the future is better for a country that entered its second centennial with stability and resilience thanks to the cohesion of its leadership and people.
“A better future places on us all the responsibility of making the right decisions with transparency, clarity, and frankness with citizens about the nature of various challenges, especially the economic ones, away from populism and to ward off any risks that may impact the Kingdom’s financial and monetary situation, which is extremely stable and resilient” the Prime Minister said.
He referred to the mitigating measures taken by the government by allocating JD30 million, which included the National Aid Fund, the Poor Student Support Fund, and support for the transport sector to avoid increasing transport fees, as well as reducing customs tariffs on various commodities and energy tariffs, which lowered the bill on a large segment of citizens and sectors to increase competitiveness and productivity.
He pointed out that the government has not imposed any tax since assuming its responsibilities, with constant care in all procedures to ward off any risks to the macro economy and proceed, at the same time, with plans for modernization and development, improving the lives of citizens and economic recovery in light of crises that have passed due to the Covid-19 pandemic and the Russian-Ukrainian crisis.
In response to MPs comments and inquiries, the Prime Minister said that the Jordan Food and Drug Administration (JFDA) has canalled its decision to bar bringing pharmaceutical drugs into Kingdom which are carried by travelers.
On plans for exploring oil and some minerals in the Kingdom, the Prime Minister said that the government is proceeding with its national program to explore oil and some minerals, awaiting results of these efforts at various stages.
Regarding complaints about the lack of drinking water supply in some governorates, Khasawneh said that the Ministry of Water is making the required efforts to solve these problems “baring in mind that we have a water deficit estimated at about 10 million cubic meters for this summer”.
“We are gradually continuing to reflect global oil prices on local prices, especially in light of the great hike that occurred in global market and the decrease in public revenue by JD475 million due to the stabilization of fuel prices for several months” Khasawneh explained.
The Prime Minister pointed out that such measures are mainly aimed at protecting the macro economy, overcoming current economic challenges, and avoiding any possibility of high inflation.
In response to inquiries by several MPs, Khasawneh underscored that the councils of the industrial and commercial chambers would be dissolved a month before the date of their elections in order to achieve the public interest and the impartiality of the elections.
In a statement after the meeting, Minister of State for Media Affairs, Faisal Shboul, said that the meeting discussed various national issues, and MPs spoke about issues and general demands and did not address any personal demands.
Shboul, who is also the government spokesperson, pointed out to an agreement between the government and the parliament to continue holding consultative meetings during the coming period.
Regarding the economic situation that was covered in the meeting, Shboul explained that the meeting detailed the state’s public finances.
He stressed that the measures recently taken by the government, such as reversing the rise in the prices of oil derivatives globally on the local price, are aimed at preventing harsh economic conditions.
He noted that the rise in the prices of fuels and commodities was the result of many circumstances, the most important of which is the Russian-Ukrainian crisis and its impacts on the global economy and, thus, the local economy.
Shboul indicated that the meeting featured immediate decisions by the Prime Minister based on MPs observations, foremost of which was halting all measures taken by the JFDA regarding the entry of pharmaceutical drugs from abroad into Jordan, and the dissolution of all boards of directors of the chambers of industry and commerce a month before the elections.

 
 

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The way is being paved for the Hashemite Kingdom of Palestine plan

Israel, Jordan and the PLO/PA seem to be moving along on the Hashemite Kingdom of Palestine plans. Can it be? Op-ed.


Jul 29, 2022, 8:20 AM (GMT+3)

Lapid and the King of JordanCourtesy

Israeli Prime Minister Yair Lapid’s meeting with King Abdullah on 27 July could see negotiations being announced shortly between Israel and Jordan to create a single territorial entity encompassing Jordan, Gaza and parts of the West Bank.
This newly created entity -designated The Hashemite Kingdom of Palestine –together with Israel – will constitute the elusive and previously unattainable two-state solution – pursued by:

the Mandate for Palestine (1922)
The Peel Commission (1937)
UN Resolution 181 (III) (1947)
Venice Declaration (1980)
Oslo Accords (1993)
Saudi Peace Plan (1982)
Revised Saudi Peace Plan (2002)
Bush Roadmap (2002)
Trump Peace Plan (2020)

– finally ending the conflict over the division of former Palestine between Arabs and Jews begun with the defeat of Turkey in World War 1.
The plan to create The Hashemite Kingdom of Palestine was first announced in Al-Arabiya news –owned by the Saudi Royal family –on 8 June in an article written by Ali Shihabi – a close confidante of Crown Prince Mohammed Bin Salman – Saudi Arabia’s heir apparent to the Saudi throne and the driving force behind Neom – a $500 billion megacity of the future to be built from the ground up in an area of northern Saudi Arabia equal to the size of Israel. It was hardly noticed by the media.
A tweet issued by King Abdullah’s Palace (see below) confirms that the King and Lapid discussed the subject of a two-state solution and it seems inconceivable that they would have discussed any plan other than this Saudi solution since the old version has been dead in the water for years..

It would appear that back channel negotiations have been going on since the release of the Saudi plan on 8 June to refine it to reflect – with more precision – the starting positions of Jordan, Israel and the PLO in any negotiations.
Those agreed starting positions include:
The Hashemite Kingdom of Palestine will be ruled by Jordan’s current Hashemite ruler King Abdullah – which Hashemite dynasty has ruled Jordan for the last 100 years.
The right of return to Israel by Palestinian Arab refugees will not be pursued. Instead The Hashemite Kingdom of Palestine will integrate those refugees within its borders
The borders of the Hashemite Kingdom of Jordan will include
-Jordan with its current borders
-The Gaza Strip
A-reas of the ‘West Bank’ inhabited by Palestinian Arabs and bordering Jordan that are contiguous and not divided into islands
-The retention by Israel of the Jordan Valley and other areas of the ‘West Bank’ such as Oslo-designated Area C, where all the Jews in the region live, will be resolved in the negotiations
Neither the Arabs nor the Muslims will seek to expel Israel from Jerusalem. However it remains as a bargaining chip in the hands of the Palestinian Arabs in securing any agreement and giving the Holy Places in Jerusalem a special status.
Any agreement will need to be ratified by a free popular referendum by Arab voter constituencies consisting of all Jordanians and residents of the ‘West Bank’ and Gaza Strip and those who are stateless such as the residents of the refugee camps in Lebanon and Syria. Palestinian Arabs who are settled in other countries and who enjoy full citizenship will have no vote.
The rationale for creating The Hashemite Kingdom of Palestine is based on the fact that Jordanians and Palestinians are Sunni Arabs from the same region and integrating them will not cause any ethnic or sectarian fault lines in the long run.
Jordan has received a flurry of visits from Mohammed Bin Salman, PLO Leader Mahmoud Abbas and Israel’s President Herzog, since the Saudi Plan was published.
Lapid’s visit now when he is only caretaker Prime Minister is highly significant. It could indicate the commencement of negotiations is supported by the majority of Israel’s political parties even though nothing can go forward until after the next government is formed post November elections.
And then – let the negotiations begin.
Here is Yaakov Kirschen’s take (Dry Bones):

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Lebanon parliament passes amendments to banking secrecy law -Reuters witness

Reuters – July 26, 2022

By 

Lebanese Parliament Speaker Nabih Berri holds a legislative session in Beirut, Lebanon July 26, 2022. REUTERS/Mohamed Azakir

July 26 (Reuters) – Lebanon’s parliament on Tuesday passed long-awaited amendments to a banking secrecy law, according to a Reuters witness, in the first step towards reforms required by the International Monetary Fund (IMF).
However, the amendments were watered down from the original proposal, leading one of the architects of the country’s economic recovery to say he would seek feedback from the IMF.
Lebanon and the IMF signed a staff-level agreement in April for $3 billion in funding to ease the country’s economic crisis, described by the World Bank as among the top three financial meltdowns since the Industrial Revolution.

The aid package is conditional on prerequisites including a banking restructuring strategy, capital controls, a 2022 budget and a reformed banking secrecy law.
The bill, read out in parliament’s first general session since elections in May, does not lift banking secrecy as a whole.
It allows some government bodies to lift secrecy specifically in cases of criminal investigations, including in illicit enrichment, money laundering and terrorism financing.

The original bill would have allowed banking secrecy to be lifted to investigate “all financial crimes,” but parliament voted to remove that language thus limiting the law’s scope.
Deputy prime minister Saade Chami, the architect of the country’s financial recovery roadmap, said he didn’t agree with the version of the law passed on Tuesday.
He tried to speak several times during the session but was drowned out by lawmakers.

Chami told Reuters he would send the law to the IMF to confirm whether it met its expectations.

The IMF’s staff level agreement had called for a new law “in line with international standards to fight corruption and remove impediments to effective banking sector restructuring and supervision, tax administration, as well as detection and investigation of financial crimes, and asset recovery.”

Reporting by Timour Azhari Writing by Maya Gebeily Editing by Catherine Evans and Mark Potter
Our Standards: The Thomson Reuters Trust Principles.

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