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May 22, 2013 -- Updated November 16, 2012 04:53 HKT

War in the Middle East


shayne@heffcap.com
Posted on: Nov 16th, 2012

Hamas, which rules Gaza, said Israel had “opened the gates of hell” when it targeted the group’s training facilities and rocket launchers.

Qatar, which has emerged as the strongest Arab supporter of Hamas, said Israel’s offensive “should not pass without a punishment”.

Israel moved additional infantry troops to the south, near its border with Gaza, and called up some units of reservists to have them on standby.

Israeli Prime Minister Benjamin Netanyahu said the Israeli Defence Forces were prepared to “broaden the operation”.

“Today we relayed a clear message to the Hamas organisation and other terrorist organisations,” Mr Netanyahu said. “And if there is a need, the IDF is prepared to broaden the operations. We will continue to do everything in order to protect our citizens.”

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British Foreign Secretary William Hague said Hamas “bears principal responsibility’’ for the current crisis in Gaza, saying it should cease attacks against Israel immediately.

His comment came as the death toll hit 13 in 20 hours of Israeli air strikes, which also left at least 120 people injured, medics said. In the same period, Gaza rockets killed three Israelis and injured another five in a direct hit on a residential building in the southern town of Kiryat Malachi, police said.

Hague also strongly urged Israel to do its “utmost’’ to reduce tensions, avoid civilian casualties and help create the conditions for peace, warning: “It is imperative to avoid the risk of a spiral of violence.’’

Since the violence erupted when Israel killed a top Hamas militant on Wednesday afternoon, the military has carried out “around 150 strikes’’ on Gaza, a spokeswoman said.

In the same period, “at least 195 rockets’’ hit Israel while another 48 were intercepted by the Iron Dome anti-missile system.

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Heffernan Capital Management
Linda Johnson,
Business Development Director – Private Client Group,
Sales@Heffcap.com

Singapore

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  Shayne Heffernan Ph.D.
Economist/Hedge Fund Manager

Shayne Heffernan oversees the management of funds for institutions and high net worth individuals. He is also an active consultant working with Corporations around the World.

He is recognized as one of the leading Economists in South East Asia, as well as the preeminent authority on ASEAN. His opinions and forecasts are widely read by decision makers in the region and Internationally.

Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reached a peak of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

Member
Chinese Society of Economists
American Economic Society




 

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Posted by on Nov 16th, 2012and filed underLatest News, USA.You can follow any responses to this entry through theRSS 2.0You can skip to the end and leave a response. Pinging is currently not allowed.
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