Global
Saudi Arabia Calls for Regional Stability Amid Israel-Hamas War
Saudi Arabia has urged for regional stability, warning of the far-reaching effects of the ongoing Israel-Hamas war on global economic sentiment.
This call to action comes as a summit attended by key mediators, including US Secretary of State Antony Blinken and Palestinian leaders, gets underway in Riyadh.
Economic Pressures Mount
The Gaza war, combined with conflicts in Ukraine and elsewhere, has put significant pressure on the global economic mood, according to Saudi Finance Minister Mohammed al-Jadaan.
Speaking at the World Economic Forum (WEF) special meeting, Jadaan emphasized the need for cool-headed leaders and stability in the region.
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Gaza War: A Humanitarian Crisis
The war in Gaza, which began on October 7, has resulted in devastating consequences.
An estimated 1,170 people, mostly civilians, have lost their lives, while 129 hostages, including 34 confirmed dead, remain in captivity.
Israel’s retaliatory offensive has claimed the lives of at least 34,454 people in Gaza, mostly women and children.
A Call to Action
As the summit in Riyadh continues, the international community is urged to work towards a ceasefire and lasting peace in the region.
The stability of the global economy and the lives of innocent civilians depend on it.
Stay updated on this developing story…
