Senators Chuck Schumer and Mitt Romney meet with families of the victims of the Hamas attack on Israel. Credit: @SenSchumer
Senators Chuck Schumer and Mitt Romney meet with families of the victims of the Hamas attack on Israel. Credit: @SenSchumer
Senators Chuck Schumer and Mitt Romney meet with families of the victims of the Hamas attack on Israel. Credit: @SenSchumer
Senators Chuck Schumer and Mitt Romney meet with families of the victims of the Hamas attack on Israel. Credit: @SenSchumer

Washington 'will not wait' on Israel aid package as delegation finishes trip


Ellie Sennett
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Live updates: Follow the latest news on Israel-Gaza

Chuck Schumer, the majority leader in the US Senate, has pledged to put a US-Israeli aid package together quickly, as he wrapped up a bipartisan congressional delegation to Israel that saw delegates rush to shelter from a threat of Hamas rockets.

“I'm doing everything in my power to ensure the Senate delivers the support Israel needs to accomplish military intelligence and humanitarian goals. We will not just talk, we will act,” said Mr Schumer, the highest-ranking Jewish elected official in US history, as he led a group of five senators on a trip to Israel at the weekend.

“We will work to move this through the Senate ASAP, and the Israeli leaders made it clear to us they need the aid quickly,” the top Democrat added.

The delegation made a last-minute trip to Israel as the US ally besieges Gaza and prepares for a ground incursion in response to the October 7 attack by Hamas militants who killed more than 1,400 people and kidnapped about 200 more.

Meanwhile, an Israeli evacuation order has displaced more than one million people from Gaza, with entire neighbourhoods reduced to rubble after a week of Israeli air strikes that have killed at least 2,750 Palestinians.

Mr Schumer said on Sunday that the congressional delegation was rushed to a Tel Aviv shelter amid Hamas rocket fire.

He posted a photo on X appearing to show himself and others, including Mitt Romney, a Republican senator who ran for president in 2012, sheltering during what his team said were air raid sirens.

The visit included meetings with Israeli President Isaac Herzog, opposition leader Yair Lapid, as well as Israeli survivors of the Hamas attacks and families of people taken hostage by the militant group.

Mr Schumer told reporters on Sunday that the Senate “will not wait” for a chaos-riddled House of Representatives to move on Israel aid.

Congress is scrambling to respond to the Israel-Gaza war after Republicans in the House chamber ousted their own speaker.

“We're not waiting for the House. We believe if the Senate acts in a strong bipartisan way it may indeed improve the chances that the House, even with its current dysfunction, will act,” said Mr Schumer.

He added that Israel's goal of eradicating Hamas “has to happen.”

“We're here to share a message of resolute solidarity. We say to Israel, America will stand with its ally,” said Mr Schumer.

Israel already receives the highest amount of US military aid.

Politicians last week introduced legislation to provide $2 billion in aid to Israel for Iron Dome resupply, which would add to the $3.3 billion already cleared.

And a bipartisan group of almost 400 members of Congress have introduced a resolution standing with Israel “as it defends itself against the barbaric war launched by Hamas and other terrorists and condemning Hamas’s brutal war against Israel”.

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Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.

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The UAE is stepping up its game when it comes to platforms for local farms to show off and sell their produce.

In Dubai, visit Emirati Farmers Souq at The Pointe every Saturday from 8am to 2pm, which has produce from Al Ammar Farm, Omar Al Katri Farm, Hikarivege Vegetables, Rashed Farms and Al Khaleej Honey Trading, among others. 

In Sharjah, the Aljada residential community will launch a new outdoor farmers’ market every Friday starting this weekend. Manbat will be held from 3pm to 8pm, and will host 30 farmers, local home-grown entrepreneurs and food stalls from the teams behind Badia Farms; Emirates Hydroponics Farms; Modern Organic Farm; Revolution Real; Astraea Farms; and Al Khaleej Food. 

In Abu Dhabi, order farm produce from Food Crowd, an online grocery platform that supplies fresh and organic ingredients directly from farms such as Emirates Bio Farm, TFC, Armela Farms and mother company Al Dahra. 

Updated: October 16, 2023, 4:08 PM`