Morgan Stanley is predicting that the annual growth rate of the cooling market, already worth $235bn (£180bn) a year,
Now it seems that Israel's credit has gone, at least as far as France, the United Kingdom and Canada are concerned. They have issued their strongest condemnation yet of the way Israel is fighting the war in Gaza.Israel, they say, must halt its new offensive, which Prime Minister Benjamin Netanyahu says will destroy Hamas, rescue the remaining hostages and put all of Gaza under direct Israeli military control.
Their statement dismisses Netanyahu's arguments and calls for a ceasefire. Together, the three governments say that they "strongly oppose the expansion of Israel's military operations in Gaza" adding: "The level of human suffering in Gaza is intolerable."They call for the release of the remaining hostages and recall that after the "heinous attack" on 7 October they believed that the Israeli state "had a right to defend Israelis against terrorism. But this escalation is wholly disproportionate".Netanyahu's decision to allow what he called "minimal" food into Gaza was they said "wholly inadequate".
Netanyahu has hit back, saying the "leaders in London, Ottawa and Paris are offering a huge prize for the genocidal attack on Israel on October 7 while inviting more such atrocities".He insisted the war could end if Hamas returned hostages, laid down its arms, agreed for its leaders to go into exile and Gaza was demilitarised. "No nation can be expected to accept anything less and Israel certainly won't," he said.
Netanyahu - who is sought under an International criminal Court warrant for alleged war crimes and crimes against humanity, which he has dismissed as "antisemitic" - had been under heavy international pressure to end the blockade of Gaza after a respected international survey warned of imminent famine.
At the London summit between the EU and the UK the President of the European Council, António Costa, called the humanitarian crisis in Gaza "a tragedy where international law is being systematically violated, and an entire population is being subjected to disproportionate military force".The clock is ticking...
Four people have died and several were missing as major flooding in New South Wales (NSW) left about 50,000 people isolated by floodwaters.The record rainfall, now declared a natural disaster, has been caused by a slow-moving area of low pressure and is greater than any in living memory for some residents, according to local authorities.
Heavy rains moved south overnight affecting Sydney and Newcastle, with the Bureau of Meteorology issuing warnings for southern parts of the state."Tragically, we're seeing more extreme weather events," said Australia's Prime Minister Anthony Albanese during a visit to flood-hit areas, adding "they're occurring more frequently and they're more intense".