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  • Nico Hulkenberg DNS in Monza was ‘massive disappointment’ as Gabriel Bortoleto ‘hungry’ for more after P8 finish

    Nico Hulkenberg DNS in Monza was ‘massive disappointment’ as Gabriel Bortoleto ‘hungry’ for more after P8 finish

    Kick Sauber’s Nico Hulkenberg has opened up on the “massive disappointment” of being unable to start the Italian Grand Prix, while his team mate Gabriel Bortoleto went on to secure an impressive eighth in Monza.

    The team’s race couldn’t have gotten off to a worse start, with the squad radioing the German at the end of the Formation Lap to ask him to retire the car.

    Sauber will be relieved to have a weekend off to investigate the hydraulics issue that struck before the lights had even gone out, with Hulkenberg prevented from taking his P12 start on the grid. “Oh man, you serious?” Hulkenberg asked on the radio, before pulling into the pit lane to park up.

    “Well, just massive disappointment, your heart sinks,” the German said afterwards. “But me and the team feel the same way, a hydraulic issue, don’t know the details of it yet… [We] need to investigate and look into it. Obviously not great.”

    Hulkenberg has not managed to score since his maiden podium at Silverstone, which capped a run of four races in the points. However, he can still take positives from the weekend in Italy, especially looking towards the next race in Azerbaijan.

    “It’s been positive, we’ve been competitive on this kind of type of track, which is similar to Baku,” he added. “Baku is also low downforce, and about efficiency so that is a positive sign.

    “Monza is always a difficult place to overtake, so it’s hard to say where we would have ended up today. On the positive side, it was a good weekend for Gabi, who scored valuable points for the team.”

    For Bortoleto, he put in a sterling effort to come home eighth on Sunday for his third points score in the last four races. After a strong Qualifying performance saw him start in the top 10, the Brazilian was made to work hard in the opening stages by none other than his manager Fernando Alonso.

    He did well to keep the Aston Martin behind for lap after lap, but eventually lost out in the pit stop period to the Spaniard. But aside from that, it was a fault-free race from the Brazilian, who inherited an extra place thanks to Kimi Antonelli picking up a five-second time penalty.

    “We had a very solid race, with good calls and good strategy,” the rookie said. “My pit stop was a bit slow, but I also put this on me, because I possibly arrived a bit too long in the pit box and it definitely didn’t help.

    “Overall, I am happy to have finished eighth and have made it back in the points: this is also important for the Constructors’ Championship. I am obviously hungry for more, but I believe this is the best we could have achieved this weekend – it’s been a consistent, productive one, and a good way to close the European leg of the season.”

    After a tricky start to his F1 career, Bortoleto has gone from strength to strength since F1 returned to Europe following the brief trip to Canada. Eighth in Austria, ninth in Belgium, sixth in Hungary and now eighth in Italy has helped haul Kick Sauber into P8 in the Championship, just five points behind Racing Bulls.

    He has also now out-qualified Hulkenberg for the last six Grands Prix, and team boss Jonathan Wheatley was quick to pay tribute to his rookie driver.

    “Gabriel delivered a fantastic performance,” said the Sauber Team Principal. “He showed pace and composure on every lap, and while it was always going to be difficult to keep Albon behind on new mediums, getting stuck behind Gasly for a couple of laps ultimately made the difference.

    “Nothing should be taken away from Gabriel’s drive — he scored valuable points, closed the gap to the team ahead, and can take a lot of confidence from his weekend.”

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  • Emerging Assets Extend Gains on Weaker Dollar, Fed Cuts Bets

    Emerging Assets Extend Gains on Weaker Dollar, Fed Cuts Bets

    Emerging-market currencies and stocks rose as expectations of an imminent US monetary policy easing pushed the dollar lower and strengthened investor appetite for riskier assets.

    The MSCI gauge for developing-markets equities rose 0.6%, while the index tracking currencies was up 0.2%. Chinese big-tech companies, including Alibaba Group Holdings Ltd. and Tencent Holdings Ltd., were the main drivers of equity gains, while Asian currencies also outperformed peers.

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  • The Beauty Tech Group plans London IPO

    The Beauty Tech Group plans London IPO

    The Beauty Tech Group, which owns the brands CurrentBody, ZIIP Beauty and Tria Laser, has announced plans to list on the main market of the London Stock Exchange. Photo: The Beauty Tech Group · The Beauty Tech Group

    The Beauty Tech Group has announced that it is considering an initial public offering (IPO) on the London Stock Exchange (LSE), in a boost to the UK market.

    The at-home beauty device company, which owns the brands CurrentBody Skin, ZIIP Beauty and Tria Laser, plans to float on the main market of the LSE, according to an announcement on Monday by its holding company Project Glow Topco Limited.

    It said that if The Beauty Tech Group goes ahead with the listing, the offer would be comprised of new shares to “ensure a debt-free position at IPO with sufficient working capital to facilitate the group’s continued growth alongside a sale of existing shares by shareholders to endure a sufficient free-float”.

    The news comes as the London stock market continues to struggle to retain and attract companies, with stalling IPO activity in the first half of the year, according to an EY report.

    There were nine new listings on the LSE in the first half of 2025, raising a total £182.8m ($247m), which represented a 64% fall from the £513.8m raised in the first six months of last year.

    Three of the listings were on the main market, while six were on the alternative investment market.

    Read more: Four ways to invest in gold

    More broadly, there were approximately 540 deals recorded on the global IPO market in the first half of the year, raising nearly $62bn, which was flat year-on-year in terms of deal volume but represented 17% growth in total proceeds.

    Lawrence Newman, founder and CEO of The Beauty Tech Group, said that were “significant opportunities” ahead of the company and that an IPO on the LSE would provide the firm with “access to capital, and enable us to raise awareness and incentivise staff to take the business to the next level”.

    The Cheshire-headquartered company was founded as CurrentBody.com Ltd in 2009 by Newman and chief technology officer Andrew Showman. It started out selling third-party at-home beauty devices but now exclusively sells own-brand products under its three brands. Products include LED Light Therapy masks, microcurrent devices and laser hair removal devices.

    According to the company, the global at-home beauty devices market has an estimated value of approximately £9bn to £12bn and is “growing rapidly” within the the £464bn global beauty and personal care market.

    In the first half of the year, The Beauty Tech Group generated revenue of £55.2m, which was up from £43.5m for the same period last year. The company reported a profit of £2.8m, versus a loss of £784m for the same six months of 2024.

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  • PwC UK Chief Explains Why the Firm Is Cutting Graduate Hiring

    PwC UK Chief Explains Why the Firm Is Cutting Graduate Hiring

    American graduates are facing a tough job market, and things aren’t much different across the pond.

    The UK branch of the Big Four accountancy firm PwC confirmed to Business Insider that it had lowered entry-level recruitment this year.

    PwC will take on 1,300 entrants to its graduate and school leaver programmes, compared with 1,500 last year, the firm said.

    The news was first reported in an op-ed published in The Sunday Times by Marco Amitrano, PwC’s UK chief.

    “PwC will always be a large employer and training ground for young people in the UK,” but the impact of AI and a sluggish economy are changing the firm’s hiring practices, Amitrano wrote.

    The UK’s economic slowdown and the resulting drop in investment, hiring, and dealmaking in the UK are the “single biggest factor behind a lower graduate intake at PwC this year,” Amitrano said.

    AI is also reshaping roles, Amitrano said. For now, the development of new tools and investment in skills was offsetting more serious disruption to jobs, but that balance was likely to change in the future, he said.

    The PwC chief said consistent policy, regulatory reform, and a more predictable tax environment would help create jobs. He was also optimistic about AI’s potential, saying the technology could create new industries if there was “sustained and serious investment in tech, infrastructure, and training.”

    “Most technologies, if not all, have boosted both productivity and wages,” Amitrano said.

    Entry-level hiring is also set to slow at the firm’s US branch.

    In August, BI obtained part of an internal presentation showing that PwC US planned to cut graduate hiring by a third over the next three years.

    A bullet point on the presentation slide said leadership’s decision to slow down associate-level hiring related to “transformation efforts, the impact of AI, and further AC integration” — with AC integration referring to PwC’s acceleration centers, or offshoring hubs.

    In his Sunday op-ed, Amitrano addressed offshoring, saying the global labour market was “more competitive and accessible than ever before.”

    “Where it makes sense, and where it helps us remain competitive, we must draw on a global dimension,” he said.

    Deloitte UK has also lowered its intake for graduate and apprentice hires in recent years.

    Last week, the firm announced it was taking on 1,400 entrants to its graduate programme, BrightStart apprenticeship, and industrial placement programme — 300 fewer than it accepted for the same programmes in 2023.

    Deloitte didn’t respond to a request for comment from BI about why it has reduced the numbers.

    Have a tip? Contact this reporter via email at pthompson@businessinsider.com or Signal at Polly_Thompson.89. Use a personal email address, a nonwork WiFi network, and a nonwork device; here’s our guide to sharing information securely.


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  • Pakistan evacuates 25,000 people from city in Punjab province

    Pakistan evacuates 25,000 people from city in Punjab province

    JALALPUR PIRWALA, Pakistan (AP) — Rescuers backed by troops evacuated more than 25,000 people from a city in Pakistan’s eastern Punjab province overnight as rising rivers threatened to flood the region, officials said Monday.

    The emergency rescue operation in Jalalpur Pirwala began late Sunday and continued through the night, said Irfan Ali Kathia, director-general of the Punjab Disaster Management Authority. By Monday morning, about 25,000 residents from high-risk neighborhoods had been moved to safer areas.

    The latest evacuations from Jalalpur Pirwala came two days after a rescue boat capsized in floodwaters on the city’s outskirts, killing five people. Fifteen others were rescued after the boat overturned Saturday, local officials said.

    Ghulam Shabir, a 50-year-old construction worker, said that he moved to higher ground near the city after floodwater entered his village, inundating homes and farmland. He appealed to the government to expedite rescue work as many people were still stranded in flooded villages.

    The government has deployed hundreds of boats, and thousands of rescuers and volunteers for evacuations in flood-hit districts.

    The Pakistan Markazi Muslim League, a volunteer group known for being among the first responders in natural disasters, is among those involved in the efforts, with members spread across the country. The group’s spokesman, Taha Muneeb, said that floodwaters had already submerged all the villages surrounding Jalalpur Pirwala and had begun to seep into the city itself.

    “Many residents refuse to leave, saying it is better to remain on their rooftops than to sit helpless on the roadside,” he said.

    Survivors told reporters that many people remain stranded on rooftops and trees.

    “I saw with my own eyes people perched on branches of trees, half-submerged in floodwaters,” said Taj Din, who was among a dozen evacuees rescued by a boat.

    Punjab government spokesperson Uzma Bukhari said that they’re utilizing thermal imaging drones to locate stranded people in flooded areas, enabling them to be rescued by boat. She said that “the government is doing its best to handle this situation.”

    Though Pakistan hasn’t issued any appeal for help, the Saudi government on Monday delivered 10,000 food packages and 10,000 shelter kits to the Punjab government for flood-hit families. The Saudi shipment came just two days after Washington also dispatched emergency supplies for Pakistan’s flood victims.

    Floods have so far affected more than 4.1 million people across 4,100 villages in 25 districts of Punjab province. Since Aug. 26, there have been at least 56 flood-related deaths, while more than 2 million residents have been moved to safety, Kathia said.

    The disaster management official told The Associated Press that displaced families were being provided with tents and food supplies. He said that the local administration, assisted by troops and police, was expediting evacuations in the city, which has a population of nearly 700,000. Mosques broadcast evacuation announcements as residents scrambled onto vehicles amid heavy rainfall.

    Punjab has been conducting one of its largest rescue operations, including with the aid of drones, since last month, when floodwaters inundated multiple districts after India released water from its dams. The surges swelled the Ravi, Chenab and Sutlej rivers, while torrential monsoon rains further raised water levels.

    Kathia said that Punjab’s chief minister, Maryam Nawaz Sharif, is personally monitoring the evacuation effort from a central control room. The Pakistani army, police and rescue services are assisting, including helicopter airlifts from remote villages.

    Since late June, monsoon flooding has killed more than 900 people across Pakistan, according to the National Disaster Management Authority, or NDMA. Over the weekend, India again notified Islamabad through diplomatic channels of potential cross-border flooding, the agency said.

    Kathia said that surging waters have already displaced more than 2 million people across Punjab since Aug. 23, when heavy rains and dam releases began overwhelming rivers. Only about 60,000 of them are living in official relief camps, he said, while most sought shelter with relatives in nearby towns or set up makeshift camps along river embankments, waiting for the waters to recede.

    Evacuations are also underway in southern Sindh province, which faces growing threats as water continues to flow downstream into the Indus River and where more than 100,000 people have already been relocated from vulnerable settlements.

    Sindh was among the worst-hit regions in the catastrophic 2022 floods, which killed 1,739 people nationwide.

    ___

    Babar Dogar reported from Lahore. Munir Ahmed contributed to this report from Islamabad.

    ___

    This story has been corrected to show that the last name of the volunteer group’s spokesman is Muneeb, not Munir.


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  • CatX to merge with Cactus, double-down on AI powered risk decisions and exchange

    CatX to merge with Cactus, double-down on AI powered risk decisions and exchange

    CatX, the digital catastrophe and parametric risk exchange company, has merged with fellow Bermuda-based risk software company Cactus and launched the Cactus Risk Studio to enable clients to leverage artificial intelligence (AI) to power risk decisions and risk transfer.

    The pair claim that their merging will create the largest insurance software company operating from Bermuda.

    The new product launch that comes from their merging, Cactus Risk Studio, will provide brokers, insurers, risk managers, and investors with a single integrated platform to analyse and transact risk, powered by AI, the pair state.

    Cactus Risk Studio will facilitate risk analysis, coverage structuring, terms agreement and placement, as well as providing the ability to track results.

    Cactus already provides a digital workspace that is used by underwriting and broking teams and supports underwriting of more than $500 million of gross written premium annually, by companies such as Ark, Amwins, Helix, and First Specialty across Bermuda, the United States, and London markets.

    CatX has its Catamaran platform that offers AI powered risk intelligence and workflow tools for natural catastrophe, property, and specialty insurance, as well as its Bermuda regulated digital exchange that helps risks be transferred between capital market investors and insurers.

    CatX claims its platform can connect insurance and reinsurance market participants with capital from over 50 funds that together manage more than a trillion dollars of assets, including prop trading firms.

    The company has also helped investors to access parametric risk sources in the past, so we assume that will continue to be a focus as well.

    Benedict Altier, Chief Executive Officer of CatX, commented on the news, “The time to act is now. Our industry is in a transformative period where risks are more complex and claim costs are rising, and AI is ready to help in practical ways. We built advanced tools so institutional investors could understand specialty risks quickly, from natural catastrophe to space, and then put those tools in the hands of brokers and underwriters where the feedback has been outstanding.

    “Together with Cactus we are bringing this capability into one workspace so teams can see the facts, test scenarios, agree terms, and complete placement. We believe we are delivering the most advanced AI in the industry, with a team that includes machine learning specialists from Oxford and Cambridge and engineers with experience at top investment banks, including Goldman Sachs and Barclays.”

    James Robinson, Chief Executive Officer of Cactus, added “Cactus already powers underwriting teams in Bermuda, the United States, and London. Combining Cactus with CatX’s AI and marketplace capabilities gives our clients a studio for risk that reflects how the market works. One place to originate, collaborate, price, document, and place risk with greater transparency and control. After two years working with CatX, I am excited to deepen the relationship.”

    The merger transaction announced today was supported by leading counsel from Walkers in Bermuda and Barclay Damon in the US.

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  • George Russell declares Mercedes ‘deserved to finish’ fifth at Monza

    George Russell declares Mercedes ‘deserved to finish’ fifth at Monza

    George Russell endured another frustrating outing as Mercedes struggled to keep up with Ferrari in the Italian Grand Prix, leaving him to drive a lonely race on his way to fifth in Monza.

    The first part of Qualifying gave the Briton hope that they could challenge other teams more effectively as he topped the timesheets on a set of medium tyres. However, Mercedes elected to switch to the soft compound for his final lap in Q3 despite his protests, and he settled for P5.

    Like the other drivers in the top five, Russell’s position hadn’t changed by the time the chequered flag fell, despite his early attempts to overtake the lead Ferrari of Charles Leclerc. Every time he closed the gap, it opened up again as they raced down the straights.

    “We were expecting to be two-tenths behind Ferrari and a bit more behind everyone else,” he admitted after the race. “I was reasonably pleased – I don’t think we could have done anything more.

    “I think it was just very challenging to get by Charles – they were so fast on the straights. Had I just managed to get past him, it could have been a slightly different picture. Obviously that wasn’t the case. It was a pretty scrappy opening few laps, but fifth was where the car deserved to finish today.

    “Obviously a bit of a shame to lose more ground to Ferrari in the constructors’, but I was pretty satisfied with the race.”

    The Brackley outfit are now 20 points behind their Italian rivals in the standings, with Kimi Antonelli adding two points to the tally in his second home event of the season.

    Recovering from a damaging spin in FP2, the 19-year-old secured sixth place on the grid and impressed his home crowd, with both Mercedes drivers benefitting from Lewis Hamilton’s five-place grid penalty.

    However, a lacklustre start to the race saw Antonelli lose a handful of positions before he was later handed a five-second time penalty for exceeding track limits multiple times.

    He said: “It was a difficult race. I made a mistake at the start and lost brake traction, so lost a lot of places there and that compromised pretty much the [whole] race because I found myself on the back foot and in a DRS train.

    “It was difficult to get by. The pace on the mediums was actually not too bad, but then on the hards, I struggled to find my rhythm. I just need to focus on the next one and try to deliver a better job.”

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  • Quetta police arrest ‘over 100’ protesters for violating Section 144, shutting shops and highways – Pakistan

    Quetta police arrest ‘over 100’ protesters for violating Section 144, shutting shops and highways – Pakistan

    The Quetta police arrested more than 100 protesters for violating a ban on gatherings, allegedly forcefully shutting down markets and blocking highways, an officer said on Monday.

    “More than 100 people were arrested under charges of violating Section 144, forcefully shutting down markets and blocking highways,” Quetta Senior Superintendent of Police (SSP) Muhammad Baloch told Dawn.com.

    The arrests come as six opposition political parties announced a complete wheel-jam and shutter-down strike across Balochistan today to protest against the suicide bombing that targeted a public meeting of the Balochistan National Party-Mengal (BNP-M) on Sept 2 and claimed 15 lives.

    Police in Quetta fired tear gas to disperse protesters and arrested them, AFP reported. AFP pictures showed people blocking roads by placing stones, which they were also pelting, and burning objects.

    At 12pm, the National Highways and Motorways Police said the N-25 highway near Baleli Custom in Quetta was closed due to a “public protest”.

    Parts of the N-25 highway, which extends from Karachi to Quetta, were also blocked near Hub and Mastung’s Sona Khan area, the motorway police said in the morning.

    The Tehreek-i-Tahafuz-i-Ayeen-i-Pakistan (TTAP) alliance — which the PTI, PkMAP and BNP-M are a part of — shared purported pictures on its X account of closed shops in Awaran.

    In another post, it claimed that the Western Bypass in Quetta was “completely shut”. “Violence and shelling by the police on PTI workers. The workers are continuing to resist the police shelling,” it added.

    The opposition parties had declared that highways, intercity roads and routes leading to Quetta airport and railway station would be blocked during the strike. Other airports in the province would also be shut, they added, urging the business community and transporters to support the strike.

    The Quetta Chamber of Commerce and Industry, along with other business associations, had announced the closure of businesses across the province in solidarity with the victims of the suicide bombing. The Private Schools Association also declared that all private schools, colleges, and universities would remain closed.

    Last night, the Balochistan government warned protesters of “strict and immediate action” if they tried to disrupt law and order, or block roads and highways.

    Fifteen people lost their lives, while 38 were injured in the blast that targeted a rally held at Quetta’s Shahwani Stadium to mark the fourth death anniversary of former Balochistan chief minister Sardar Attaullah Mengal, a veteran nationalist leader and BNP founder.

    Subsequently, Pashtunkhwa Milli Awami Par­ty (PkMAP) Chairman Mah­mood Khan Achakzai, BNP-M Chief Sar­dar Akhtar Mengal, along with lea­ders of the PTI, Awami National Party (ANP), National Party (NP) and Majlis Wahdat-i-Muslimeen (MWM), had announced the strike at a joint press conference.

    Mengal, calling the stadium bombing a “painful and tragic act”, had criticised the state for not fulfilling its “duty” to protect the gathering. Mengal, Achakzai, former NP senator Mir Kabir Muhammad Shahi, and ANP leader Asghar Achakzai had remained unhurt in the suicide attack as they had left the venue just a few minutes before the blast.

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  • Oncologist says ‘men over 50’ should never ignore these early warning signs of prostate cancer

    Oncologist says ‘men over 50’ should never ignore these early warning signs of prostate cancer

    Men’s health often takes a backseat until symptoms become hard to ignore. Ignoring early signs can have serious consequences, especially when it comes to cancers that develop quietly over time. Prostate cancer is one of the most common cancers among men, but early detection can make all the difference. (Also read: Oncologist warns ‘even non-drinkers are at risk’ as liver cancer rises among youth; shares causes and prevention tips )

    Dr. Jain highlights that early prostate cancer is often asymptomatic, stressing the importance of regular check-ups for men over 50. (Freepik)

    What is prostate cancer

    “Prostate cancer arises in the prostate, which is a small gland that produces seminal fluid responsible for the lubrication of semen. According to the National Cancer Registry Programme Report 2020, it is among the most common cancers in men worldwide, and in India, it is ranked the 3rd most common cancer in men, having an incidence rate of 6%,” says Dr Sunny Jain, Sr. Consultant and HOD-Medical Oncology, Accord Super Speciality Hospital.

    He further shares with HT Lifestyle, “To mention the Aggressive prostate cancer, which is characterised by a disease that grows rapidly, may be spread beyond the prostate, and is more likely to be life-threatening. These are usually characterised by a high Gleason score (≥8), rapid PSA rise of more than 20ng/ml, or presence of metastases. They require early, intensive treatment rather than active surveillance.”

    Prostate cancer, prevalent among men, often shows no symptoms initially. (Unsplash)
    Prostate cancer, prevalent among men, often shows no symptoms initially. (Unsplash)

    According to Dr Jain, the most common risk factors include:

    • Advancing age, especially after 50 years
    • Obesity and a sedentary lifestyle
    • High red-meat diets and low fruit/vegetable intake
    • Hereditary factors, particularly BRCA gene mutations

    Warning signs and symptoms

    Early prostate cancer is often silent. Common complaints may include:

    • Urinary urgency, frequency, or hesitancy
    • Weak urinary flow
    • Bone pain
    • Erectile dysfunction

    Treatment options

    Treatment depends on the stage and overall health. Options range from active surveillance to advanced therapies such as:

    • Hormone therapy (mainstay for hormone-sensitive, non-metastatic prostate cancer)
    • Radiotherapy
    • Immunotherapy
    • Surgery

    With timely detection, outcomes are excellent, global data show survival rates of over 95% for localised prostate cancer.

    With early detection, survival for localised disease exceeds 95%. Men over 50, especially those with a family history, should undergo regular check-ups. Awareness, timely screening, and healthier lifestyles remain the best defence against prostate cancer.

    Note to readers: This article is for informational purposes only and not a substitute for professional medical advice. Always seek the advice of your doctor with any questions about a medical condition.

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  • Global unions demand recognition of Palestine

    Global unions demand recognition of Palestine

    The International Trade Union Confederation (ITUC) is also calling for urgent measures to protect civilians, including an international peacekeeping force in Gaza.

    Representing over 200 million workers worldwide through the ITUC, nine global unions and the Trade Union Advisory Committee to the OECD (TUAC), the statement fully supports the growing commitment of governments to recognise Palestine. To date, 147 of the 193 member states of the United Nations have already done so.

    ITUC General Secretary Luc Triangle went further: “We support peaceful and diplomatic means to deliver a two-state solution, with a secure Israel and a sovereign Palestine living side by side in a just and lasting peace. That requires recognition of Palestine and, crucially, an end to the occupation. In that spirit, the proposal to establish an international peacekeeping force in Gaza is a step in the right direction. It is a concrete measure to protect civilians, stabilise the situation on the ground, and create space for a credible political process.

    “This call is grounded in the trade union movement’s commitment to democracy, human rights and the rule of law. Recognition of Palestine should not be delayed or treated as a reward at the end of negotiations; it is an essential element of a just peace and a necessary step towards restoring parity of esteem and power at the negotiating table.


    “Workers everywhere are entitled to live in freedom, dignity and security. The Palestinian people deserve no less. Recognition of Palestine, together with concrete steps to protect civilians and end the occupation, is how the international community can help turn statements of principle into peace with justice.”

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