Israeli National Security Minister Itamar Ben-Gvir, left, and Israeli Finance Minister Bezalel Smotrich face travel bans and asset freezes. EPA
Israeli National Security Minister Itamar Ben-Gvir, left, and Israeli Finance Minister Bezalel Smotrich face travel bans and asset freezes. EPA
Israeli National Security Minister Itamar Ben-Gvir, left, and Israeli Finance Minister Bezalel Smotrich face travel bans and asset freezes. EPA
Israeli National Security Minister Itamar Ben-Gvir, left, and Israeli Finance Minister Bezalel Smotrich face travel bans and asset freezes. EPA


Israel's disconnection with allies and partners has rarely been clearer


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June 12, 2025

Tuesday’s decision by the UK to impose sanctions on two ultra-nationalist Israeli ministers means Britain has joined Australia, New Zealand, Canada and Norway in taking the extraordinary step of introducing travel bans and financial restrictions on members of an ostensibly friendly government to these countries.

Perhaps even more extraordinary was the response from one of the ministers concerned. A statement issued by the office of Israeli Finance Minister Bezalel Smotrich the same day confirmed that Israel cancelled a waiver that allowed the country’s banks to work with Palestinian ones. Instead of retaliating against the UK directly, Mr Smotrich instead authorised a move that threatens to paralyse Palestinian financial institutions.

Such intransigence – and its deeply embedded position within the current Israeli government – explains why more and more of the country’s allies and trade partners are losing patience and taking action. Tuesday’s sanctions are the latest example of Israel’s increasing isolation and the substantial diplomatic and political cost it is paying for its war of collective punishment in Gaza and continuing military occupation of Palestinian land.

The fact that Mr Smotrich and National Security Minister Itamar Ben-Gvir are determined opponents of a just political settlement of the conflict also highlights the disconnection between Israel’s current leadership and most of the international community. Next week, hundreds of diplomats will gather in New York for a UN summit on the two-state solution, co-chaired by Saudi Arabia and France.

Israel’s leadership has already said it will not attend; that is its choice, but it is a poor one. Determinedly opposing the majority of international opinion – that is in favour of an equitable settlement – puts the onus on Israel to provide a realistic alternative that does not involve further displacement or other illegal policies. If it cannot, then it will be clear that Israel, which is currently led by a divided and precarious coalition with an uncertain future, is on a collision course with the international community, one that may even try the patience of a much more capricious and transactional White House.

The coming UN summit must be bold and ambitious, holding fast to the overall framework of a solution that most of the international community supports: an immediate ceasefire in Gaza, the return of the remaining Israeli hostages, the release of Palestinian detainees as well as a process that leads to Palestinian freedom coupled with security guarantees for Israel.

Sanctions on individual Israeli ministers are a statement that the country needs to think hard about where it is headed

It is a source of frustration that the case for this position has to be made time and again. Arab nations have already said they are ready to play their part, as was made clear in the 2002 Arab Peace Initiative. Last September, while speaking on the sidelines of the UN General Assembly, Jordanian Foreign Minister Ayman Safadi said 57 Muslim and Arab countries were “willing to guarantee the security of Israel in the context of Israel ending the occupation” and allowing for the emergence of a Palestinian state.

However, what the world is witnessing right now on the streets of the West Bank and in the rubble of Gaza is what the absence of a peace process looks like. More partners of Israel are making it clear that this situation is simply unsustainable. Sanctions on individual Israeli ministers are a statement that the country needs to think hard about where it is headed.

French Touch

Carla Bruni

(Verve)

Company%20profile
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Multitasking pays off for money goals

Tackling money goals one at a time cost financial literacy expert Barbara O'Neill at least $1 million.

That's how much Ms O'Neill, a distinguished professor at Rutgers University in the US, figures she lost by starting saving for retirement only after she had created an emergency fund, bought a car with cash and purchased a home.

"I tell students that eventually, 30 years later, I hit the million-dollar mark, but I could've had $2 million," Ms O'Neill says.

Too often, financial experts say, people want to attack their money goals one at a time: "As soon as I pay off my credit card debt, then I'll start saving for a home," or, "As soon as I pay off my student loan debt, then I'll start saving for retirement"."

People do not realise how costly the words "as soon as" can be. Paying off debt is a worthy goal, but it should not come at the expense of other goals, particularly saving for retirement. The sooner money is contributed, the longer it can benefit from compounded returns. Compounded returns are when your investment gains earn their own gains, which can dramatically increase your balances over time.

"By putting off saving for the future, you are really inhibiting yourself from benefiting from that wonderful magic," says Kimberly Zimmerman Rand , an accredited financial counsellor and principal at Dragonfly Financial Solutions in Boston. "If you can start saving today ... you are going to have a lot more five years from now than if you decide to pay off debt for three years and start saving in year four."

David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

UAE currency: the story behind the money in your pockets
'The worst thing you can eat'

Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.

Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines: 

Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.

Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.

Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.

Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.

Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.

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Anxiety and work stress major factors

Anxiety, work stress and social isolation are all factors in the recogised rise in mental health problems.

A study UAE Ministry of Health researchers published in the summer also cited struggles with weight and illnesses as major contributors.

Its authors analysed a dozen separate UAE studies between 2007 and 2017. Prevalence was often higher in university students, women and in people on low incomes.

One showed 28 per cent of female students at a Dubai university reported symptoms linked to depression. Another in Al Ain found 22.2 per cent of students had depressive symptoms - five times the global average.

It said the country has made strides to address mental health problems but said: “Our review highlights the overall prevalence of depressive symptoms and depression, which may long have been overlooked."

Prof Samir Al Adawi, of the department of behavioural medicine at Sultan Qaboos University in Oman, who was not involved in the study but is a recognised expert in the Gulf, said how mental health is discussed varies significantly between cultures and nationalities.

“The problem we have in the Gulf is the cross-cultural differences and how people articulate emotional distress," said Prof Al Adawi. 

“Someone will say that I have physical complaints rather than emotional complaints. This is the major problem with any discussion around depression."

Daniel Bardsley

Benefits of first-time home buyers' scheme
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Updated: June 12, 2025, 11:29 AM