Spanish Prime Minister Pedro Sánchez has said it is unfair for people around the world to shoulder the cost of U.S.–Israeli attacks on Iran, warning that Spanish firms have already lost €100 billion ($116 billion) in less than a month as a result of the conflict.
“Every bomb that falls in the Middle East hits the wallets of our families,” Sánchez told the Spanish Parliament in Madrid on Wednesday (25 March), as he set out the reasons for his Socialist-led government’s opposition to the conflict.
“It is not fair that someone sets fire to the world and the rest of us have to swallow the ashes,” he added.
The €100 billion figure referred to the decline in the aggregate market capitalisation of Spain's blue‑chip IBEX index since Israel and the U.S. attacked Iran on 28 February.
Spain’s Parliament is expected to vote on a package aimed at helping citizens weather the economic fallout of the Middle East conflict on Thursday. The measures include reductions to fuel and electricity taxes and fuel subsidies to sectors most exposed to energy price spikes.
Sánchez, one of the most vocal supporters of Palestinians among Western leaders, also warned that Israel was seeking to inflict as much harm in Lebanon as it had in Gaza.
“An emboldened Israeli Prime Minister, Benjamin Netanyahu, aims to inflict on Lebanon the same destruction and suffering that was committed in Gaza,” he said.
On Tuesday, Israel’s Defence Minister announced the country’s intention to occupy southern Lebanon as part of its campaign against the Iran-backed Lebanese armed group Hezbollah.
Houthi attacks target Riyadh amid concerns over Saudi oil supplies, as Iran says it will not reopen the Strait of Hormuz until its conditions are m...
The death toll from an overnight Russian attack on the Kyiv region rose to four, including three children, Kyiv regional authorities said on Sunday...
Ed Sheeran has broken his silence on the controversy surrounding his U.S. tour, apologising for decisions made after rapper Macklemore was removed ...
Iran's Revolutionary Guards Navy said a Togo-flagged oil tanker was struck while attempting to make an “illegal passage” through the Strait of Hormuz, Iranian state media said early on Friday.
Saudi civil defence sent an all-clear on Saturday after issuing alerts for a second time for potential danger in Riyadh and the city of Al-Kharj east of the capital, amid an uptick in attacks by Iran-aligned Houthis on the Gulf country.
The European Union will disburse €3.3 billion ($3.8 billion) to Ukraine for missiles and drones, European Commission President Ursula von der Leyen said after a phone call with Ukrainian President Volodymyr Zelenskyy.
The U.S. State Department approved a $2.7 billion military sale to Ukraine for air-defence development upgrades, along with related equipment and services, the department said. Meanwhile, Ukrainian authorities reported at least 10 people had died in Russian attacks over the last 24 hours.
Houthi attacks target Riyadh amid concerns over Saudi oil supplies, as Iran says it will not reopen the Strait of Hormuz until its conditions are met and U.S. commitments are implemented, parliament speaker Mohammad Bagher Ghalibaf said on Sunday.
Ed Sheeran has broken his silence on the controversy surrounding his U.S. tour, apologising for decisions made after rapper Macklemore was removed from the line-up over his public support for Palestine.
French President Emmanuel Macron is visiting the tiny French territory of Saint Pierre and Miquelon, off the coast of Canada, where he is due to meet Canadian Prime Minister Mark Carney on Sunday (20 September).
The death toll from an overnight Russian attack on the Kyiv region rose to four, including three children, Kyiv regional authorities said on Sunday. A mother and her two 3-year-old children were killed when a Russian drone strike hit a private home, the emergency service said.
A small container of lunar soil travelled more than 380,000 kilometres from the far side of the Moon to Earth two years ago. It recently made one more journey - from Beijing to Vienna, where China officially handed it over to the United Nations.
Russian authorities have reported attacks on voting systems and communication lines as the country’s parliamentary election entered its second day on Saturday (19 September).
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment