Jordan Recalls Ambassador from Israel- A Bold Diplomatic Stand Amidst Gaza Bombardment

Jordan’s decision to recall its ambassador from Israel highlights the gravity of the ongoing Israel-Hamas conflict. The move is a resolute diplomatic stance, symbolizing Jordan’s strong objection to the military campaign in Gaza. As the conflict intensifies, so do international concerns about its potential to destabilize the entire region. King Abdullah’s call for a two-state solution as the path to lasting peace aligns with the sentiments of many Jordanians. Protests in Jordan and calls to reevaluate the 1994 peace treaty with Israel underscore the deep-rooted pro-Palestinian sentiment in the country.
Why Russian oil price cap is easier said than done

G7 leaders have agreed to study possible price caps on Russian oil and gas to try to limit Moscow’s ability to fund its invasion of Ukraine, G7 officials said on Tuesday.
UniCredit considers quitting Russia as markets watch for sovereign debt payment

UniCredit (CRDI.MI) is urgently reviewing its Russian business and could decide on a costly exit of the country after its invasion of Ukraine, the Italian bank’s CEO said on Tuesday, as markets watch for a payment on Russian sovereign debt.