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UNRWA chief ‘cautiously optimistic’ some donors will resume funding soon
© Reuters. FILE PHOTO: Philippe Lazzarini, head of the U.N. Palestinian refugee agency UNRWA, attends a news conference during an informal EU Development Ministers Council, in Brussels, Belgium February 12, 2024. REUTERS/Johanna Geron/File Photo
By Gabrielle Tétrault-Farber
GENEVA (Reuters) -The head of the U.N. Palestinian refugee agency said he was cautiously optimistic some donors would start funding it again within weeks, warning it was “at risk of death” after Israel alleged some of its staff took part in the Oct. 7 Hamas attack.
An independent review of the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) has been launched under French former foreign minister Catherine Colonna, and her final report is expected to be published next month.
“I am cautiously optimistic that within the next few weeks, and also following the publication of Catherine Colonna’s report, a number of donors will return,” UNRWA chief Philippe Lazzarini said in an interview with Swiss broadcaster RTS that was aired on Saturday.
Lazzarini told RTS that UNRWA was at “risk of death, at risk of dismantlement”.
Colonna, whose work on the review began in mid-February, said on Saturday she would visit Tel Aviv, Jerusalem, Ramallah and Amman next week.
UNRWA, which provides aid and essential services to Palestinian refugees in Gaza, the Israeli-occupied West Bank and across the region, has been in crisis since Israel accused 12 of its 13,000 staff in Gaza of involvement in the Oct. 7 attack on Israel that triggered the war in the Palestinian enclave.
The allegations prompted several countries, including the United States, to pause funding.
Canada and Sweden announced this week they were resuming their funding the agency, which Israel described as a “serious mistake”.
“The return to funding UNRWA will not change the fact that the organization is part of the problem and will not be part of the solution in the Gaza Strip,” the Israeli Foreign Ministry said in a statement.
When the allegations emerged, UNRWA fired some staff members, saying it acted to protect the agency’s ability to deliver humanitarian assistance, and an independent internal U.N. investigation was launched.
UNRWA said some employees released into Gaza from Israeli detention reported having been pressured by Israeli authorities into falsely stating that staff took part in the Oct. 7 attack, according to a report by the agency dated February.
“What is at stake is the fate of the Palestinians today in Gaza in the short term who are going through an absolutely unprecedented humanitarian crisis,” Lazzarini told RTS.
UNRWA runs schools, clinics and other social services in Gaza, and distributes humanitarian aid. The U.N. has said some 3,000 members of staff are still working to deliver aid in the enclave, where it says 576,000 people – one quarter of the population – are a step away from famine.
“The agency I currently manage is the only agency that delivers public services to Palestinian refugees,” Lazzarini said.
“We are the quasi-ministry of education, of primary health. If we were to get rid of such a body, who would bring back the million of girls and boys who are traumatised in the Gaza Strip today back to a learning environment?”
Stock Markets
Trump transition team plans immediate WHO withdrawal, expert says
By Maggie Fick and Ahmed Aboulenein
WASHINGTON (Reuters) – Members of Donald Trump’s presidential transition team are laying the groundwork for the United States to withdraw from the World Health Organization on the first day of his second term, according to a health law expert familiar with the discussions.
“I have it on good authority that he plans to withdraw, probably on Day One or very early in his administration,” said Lawrence Gostin, professor of global health at Georgetown University in Washington and director of the WHO Collaborating Center on National and Global Health (NS:) Law.
The Financial Times was first to report on the plans, citing two experts. The second expert, former White House COVID-19 response coordinator Ashish Jha, was not immediately available for comment.
The Trump transition team did not immediately respond to a Reuters request for comment.
The plan, which aligns with Trump’s longstanding criticism of the U.N. health agency, would mark a dramatic shift in U.S. global health policy and further isolate Washington from international efforts to battle pandemics.
Trump has nominated several critics of the organization to top public health positions, including Robert F. Kennedy Jr., a vaccine skeptic who is up for the post of secretary of Health and Human Services, which oversees all major U.S. health agencies including the CDC and FDA.
Trump initiated the year-long withdrawal process from the WHO in 2020 but six months later his successor, President Joe Biden, reversed the decision.
Trump has argued that the agency failed to hold China accountable for the early spread of COVID-19. He has repeatedly called the WHO a puppet of Beijing and vowed to redirect U.S. contributions to domestic health initiatives.
A WHO spokesperson declined to directly comment but referred Reuters to comments by WHO Director-General Tedros Adhanom Ghebreyesus at a press briefing on Dec. 10 in which he was asked whether he was concerned that the Trump administration would withdraw from the organization.
Tedros said at the time that the WHO needed to give the U.S. time and space for the transition. He also voiced confidence that states could finalize a pandemic agreement by May 2025.
Critics warn that a U.S. withdrawal could undermine global disease surveillance and emergency response systems.
“The U.S. would lose influence and clout in global health and China would fill the vacuum. I can’t imagine a world without a robust WHO. But U.S. withdrawal would severely weaken the agency,” Gostin said.
Stock Markets
Just in: MicroStrategy Buys $561 Million More Bitcoin (BTC), Announces Saylor
U.Today – MicroStrategy has made headlines again by purchasing 5,262 BTC for approximately $561 million at an average price of $106,662 per BTC. The company now holds a staggering 444,262 BTC, accumulated at a total cost of approximately $27.7 billion, with an average purchase price of $62,257 per BTC.
Despite impressive returns of 47.4% since the beginning of the quarter and 73.7% since the beginning of the year, skepticism about the company’s strategy is growing.
It is believed that to sustain its purchases, MicroStrategy raises capital through methods such as issuing convertible and corporate bonds, securing credit lines and selling shares.
This cycle appears to operate as follows: shares are sold to acquire the cryptocurrency, and the rising price per BTC increases asset value, enabling further loans, which are then reinvested in more purchases.
Some observers warn that a significant decline in Bitcoin’s price or MicroStrategy’s stock could trigger a cascade effect. A sharp fall in MSTR shares would weaken the collateral backing its loans, potentially leading to forced asset sales, including BTC.
This scenario could exert downward pressure on the broader cryptocurrency market, as the company holds 2.2% of the global Bitcoin supply now.
Thus, while some view Michael Saylor’s approach as a bold bid to cement the cryptocurrency’s role in the financial system, others see it as unsustainable. History offers a cautionary note: in 2000, MSTR shares surged to $333 before plummeting 99%, a collapse that took 24 years to recover from.
Stock Markets
Taylor Morrison Named Among America’s Most Trusted and Best Companies by Forbes
National homebuilder ranked No. 12 on inaugural list ranking companies based on trust
SCOTTSDALE, Ariz., Dec. 23, 2024 /PRNewswire/ — With a longstanding reputation for trust, national homebuilder and land developer Taylor Morrison (NYSE:) (NYSE: ™HC) has been recognized by Forbes on their inaugural list of the Most Trusted Companies in America. The homebuilder ranked No. 12 out of 300 companies across all industries.
“There are few things more powerful than trust and it’s something we strive to earn amongst all company stakeholders, from our customers to our team members, our shareholders, and our local communities,” said Taylor Morrison Chairman and CEO Sheryl Palmer. “To be included on this esteemed list in its inaugural year is especially meaningful and these awards are important reminders of the relationships we’re building across all aspects of our business.”
Fueled by hundreds of millions of data points, the Most Trusted Companies in America list combines data on a wide range of factors across four categories: employee trust, customer trust, investor trust and media sentiment. The ranking was created in partnership with research companies HundredX, Signal AI and Glassdoor.
Taylor Morrison also earned the No. 67 spot on Forbes’ inaugural America’s Best Companies list. The ranking is Forbes’ most comprehensive company ranking to date and factored in ratings for financial performance, customer and employee satisfaction, cybersecurity, sustainability, companies’ remote work policies, media coverage and more. Forbes’ America’s Best Companies list assessed more than 60 metrics across 11 primary categories to identify which organizations excel across the board. Of the more than 2,000 U.S.-based publicly traded companies that were eligible, only 300 qualified for each list.
In addition to being named among the Most Trusted and Best Companies in America by Forbes, Taylor Morrison holds several additional accolades including being named on Newsweek’s America’s Most Responsible Companies and America’s Greenest Companies lists, U.S. News & World Report’s Best Companies to Work For list, the American Opportunity (SO:) Index, America’s Most Trusted ® Home Builder for nine years, Hearthstone’s 2021 BUILDER Humanitarian Award, and inclusion on the Fortune 500 list since 2021.
About Taylor Morrison
Headquartered in Scottsdale, Arizona, Taylor Morrison is one of the nation’s leading homebuilders and developers. We serve a wide array of consumers from coast to coast, including first-time, move-up, luxury and resort lifestyle homebuyers and renters under our family of brands”including Taylor Morrison, Esplanade and Yardly. From 2016-2024, Taylor Morrison has been recognized as America’s Most Trusted ® Builder by Lifestory Research. Our long-standing commitment to sustainable operations is highlighted in our annual Sustainability and Belonging Report.
For more information about Taylor Morrison, please visit www.taylormorrison.com.
CONTACT:
media@taylormorrison.com
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