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Showing posts from December 17, 2023

‘We failed. They did everything to show they were civilians - Israeli military chief takes responsibility for killing of 3 Israeli hostages

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The Israel Defense Forces said Friday it accidentally killed three Israeli hostages in Gaza after misidentifying them as a threat.  The hostages were shirtless and waving a white flag when they were shot, according to an IDF official. The killing adds more grief to the Israeli people who took to the streets of Tel Aviv on Saturday to protest o we the hostages still being held by Hamas in Gaza. In his first remarks after Israeli Defence Forces (IDF)  killed three Israeli hostages in the Gaza Strip yesterday, Chief of Staff Lt. Gen. Herzi Halevi has claimed responsibility, saying “we will do everything to prevent the recurrence of such cases in the continuation of the fighting.” “The incident in which IDF soldiers mistakenly killed Yotam Haim, Alon Shamriz and Samar Talalka, may their memory be blessed, is a difficult and painful event,” Halevi says in a video statement.   “The three hostages who survived seventy hellish days, moved towards the IDF soldiers, and ...

Turkey's Central Bank Chief moves in with her parents over her inability to afford a home in Istanbul due to inflation

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  The new head of Turkey’s central bank said she has been priced out of Istanbul’s property market by rampant inflation.  Left with no choice, the former finance executive has moved back in with her parents.  “We haven’t found a home in Istanbul. It’s terribly expensive. We’ve moved in with my parents,” 44-year-old Hafize Gaye Erkan, who took up her post in June after two decades in the United States, told the Hurriyet newspaper.  Erkan previously worked at firms including Goldman Sachs and First Republic Bank — and is now getting a crash course in the soaring prices that have seen many young people struggling to find lodgings.  “Is it possible that Istanbul has gotten more expensive than Manhattan?” she said.  Tayyip Erdogan has allowed the lira currency to weaken while promising that a new team of economists with Wall Street experience would tackle years of economic crisis.  To quell growing anger, officials also capped rent increases at 2...