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News
Israeli hostages and Palestinian detainees released as Trump’s Gaza plan is endorsed in Egypt summit

Israeli hostages and Palestinian detainees released as Trump’s Gaza plan is endorsed in Egypt summit

Hamas freed the last living Israeli hostages from Gaza on Monday 13 October under a ceasefire deal and Israel sent home busloads of Palestinian detainees, as U.S. President Donald Trump declared the end of the two-year long war in the Middle East. Hours later, Trump convened Muslim and European leaders in Egypt to discuss the future of the Gaza Strip and the possibility of a wider regional peace, even as Hamas and Israel, both absent from the gathering, are yet to agree on the next steps. The Israeli military said it had received all 20 hostages confirmed to be alive, after their transfer form Gaza by the Red Cross. The announcement prompted cheering, hugging and weeping among thousands waiting at "Hostage Square" in Tel Aviv. In Gaza, thousands of relatives, many weeping with joy, gathered at a hospital where buses brought home some of the nearly 2,000 Palestinian prisoners and detainees to be freed by Israel as part of the accord. "The skies are calm, the guns are silent, the sirens are still and the sun rises on a Holy Land that is finally at peace," Trump told the Knesset, Israel's parliament, saying a "long nightmare" for both Israelis and Palestinians was over.
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Monday Commentary
 Monday Commentary: Multilateralism is still the only way forward, and the EU can, and should lead

Monday Commentary: Multilateralism is still the only way forward, and the EU can, and should lead

Multilateralism: the concept whereby countries work together on common tasks and challenges, regardless of disagreements, seems currently out of favour. Three developments appear to seal its fate: first, the return of an emboldened Donald Trump to the White House has triggered a new phase of American particularism; second, Russia’s unprovoked invasion of Ukraine in 2022 has created a division in Europe not seen since WWII; third, increased scepticism in the Global South has seen countries or groups of countries adopting a negative view of engagement, particularly with regard to western countries. The European Union (EU) is itself an organisation built on the concept of multilateralism: 27 members states voluntarily join to pool resources and work together. It is a success story, and when someone wants to leave, it can do so as Britain did in 2019. But the EU is a multilateralist player in in own right on the world stage, and it takes this role seriously. The European Council stated that "The European Union will remain a predictable, reliable, and credible partner and welcomes the opportunity to work together in a changing environment with all its partners, as well as with the United Nations and its agencies in driving forward the internal reform process – the UN80 initiative – to ensure that the United Nations remains effective, cost-efficient and responsive.” The commitment is crystal clear. The question is how? It takes two to tango, and the partner of the EU on multilateralism can be China. Unlike the US, China pays lip service to multilateralism, but it actions on Taiwan, the South China Sea, Ukraine, and a lot of other issues, speak a different story. The EU needs to engage China on the multilateral agenda, but needs to do so carefully and selectively. One area were co-operation is necessary and possible is the UN. Donald Trump’s rant at this year’s UN General Assembly is not without justification. The UN needs fixing, but the US proposes to throw out the baby with the bath water. The EU and China can fix this. Reform of the UN is a topic on which the two can work together. They should. On multilateralism the European Union, can and should lead. It must galvanise all its resources, including civil society, a sector where the EU has a lead by far, in the process.

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News
Russian Banks look east for salvation

Russian Banks look east for salvation

In addition to the moves towards UnionPay, some Russian companies are now accepting payments in Yuan, and there is talk of Russia turning to CIPS, the Chinese equivalent of SWIFT. The Russian pivot towards the Yuan and Chinese financial systems could reduce the dominance of the US Dollar in global transactions. In addition to the moves towards UnionPay, some Russian companies are now accepting payments in Yuan, and there is talk of Russia turning to CIPS, the Chinese equivalent of SWIFT. The Russian pivot towards the Yuan and Chinese financial systems could reduce the dominance of the US Dollar in global transactions.
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Analysis
Isolated

Isolated

In a historic vote in the United Nations General Assembly condemning Russian aggression against Ukraine on Wednesday (2 March), Putin's Russia found itself isolated from the rest of the international community, with only North Korea, Belarus, Eritrea and Syria supporting its position in the 193 member world body. 141 countries voted for the resolution, 5 voted against and 35 abstained. 12 countries were absent. The vote was a stark revelation of Russia's isolation in the international community as it pursues its aggression against Ukraine. In a similar situation in 2014, when Russia annexed Crimea, a UN General Assembly resolution condemning the move received the support of 100 countries. This time the number was up by 41 countries, sending a resounding diplomatic message. The number of abstentions in 2014 was 58, compared to 35 this time. 24 countries were absent in 2014, this time only 12. Those supporting the Russian position in 2014 were 11, this time the number is down to 5.
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Commentary
A bad day for UN as Russia vetoes Security Council resolution; China, India and UAE abstain

A bad day for UN as Russia vetoes Security Council resolution; China, India and UAE abstain

For those who are believers in multilateralism and a rules based international system last night's developments in the UN Security Council were a dark and disappointing moment. The Council considered a resolution put forward by more than sixty UN member states, which strongly condemned Russia’s invasion of Ukraine and called on Moscow to withdraw its troops immediately and provide safe access for humanitarian relief work. Russia, which has veto power as one of five permanent members of the council, voted against it and vetoed it as was expected. Eleven countries voted in favour. There was disappointment that three countries - China, India and UAE - abstained.
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Opinion
Read the report: 'The Hague in Europe, Europe in the World'

Read the report: 'The Hague in Europe, Europe in the World'

The Hague Conversations on the future of Europe in the World was a series of ten activities organised by LINKS Europe foundation, in association with the City of The Hague and with the support of the Hague Humanity Hub. The events were mostly held in person, with some also held online or in hybrid format, from September 2021 to February 2022 as part of the “Conference on the future of Europe” process. Read the full report here.