No end to war in Europe, but Gaza-Israel nearing truce | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Wednesday
May 21, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
WEDNESDAY, MAY 21, 2025
No end to war in Europe, but Gaza-Israel nearing truce

Supplement

Humayun Kabir
31 December, 2023, 10:20 am
Last modified: 31 December, 2023, 10:27 am

Related News

  • Bangladesh's 2024 in numbers
  • PriyoShop simplifies business and operational landscape for MSMEs in Bangladesh
  • The world will come closer to a new order
  • Biggest election year, but not the most democratic
  • Job market expected to grow in second half of 2024

No end to war in Europe, but Gaza-Israel nearing truce

These two major conflict will influence regional issues and, at the same time, might influence the global political process as well

Humayun Kabir
31 December, 2023, 10:20 am
Last modified: 31 December, 2023, 10:27 am
Photo: Collected
Photo: Collected

On the European front, the Ukraine war will continue into next year. It has run into a great deal of uncertainty because of the fact that the US Congress is now blocking funds for Ukraine, so that is one challenge. But eventually, my sense is that the funds will be released, and we have heard that the US Congress has deferred their holiday and are having a fresh look at the Ukraine funding. So that fund could possibly be released.

But this issue with US funding highlights the fact that there is now a division within the US political system on the Ukraine issue. The rock-solid support that we saw a year ago seems to be gone now.

I do not know where it will end up. But this is one challenging area for Ukraine and it means that Russia could intensify its attacks. On the other hand, the European Union is now playing a more active role. They have decided to integrate Ukraine into the EU. It is a long process, but they have decided in principle to do that.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

That's the good news; the bad news is that their $50 billion in assistance to Ukraine has been blocked by Hungary. So, cracks are developing within the EU and the US. But I sense that Western assistance will come eventually, which means the Ukraine war will continue well into 2024.
On the flip side, I think the Hamas-Israel conflict in Gaza will end within the next month or so, but the destruction and devastation that occurred here will keep the tension very high. I think that if President Biden can get reelected by the end of 2024 — that's a big if — then he might take some initiative for a two-state solution because the Biden administration is now trying to marginalise Hamas by empowering the Palestinian authority.

But that is easier said than done. That can only be done, in my view, if the two-state solution becomes more realisable. And if the two-state solution doesn't happen, then I think that tensions might continue both in Gaza and in the West Bank.

In the last few years, Israel and some Arab states have been trying to build up relationships. That has been scuttled for the time being due to the Gaza war and that vibration will continue in 2024 as well. So, it means that the Middle East will possibly continue to be unstable.

So, these are two major issues that will influence regional issues and, at the same time, might influence the global political process as well. We have seen how these issues are being played out at the UN, G20, and G7, so it means that although these are regional issues, they have some global implications.


Sketch: TBS
Sketch: TBS

The author is a former ambassador.
 

World+Biz

2024: What Lies Ahead

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Govt to cut property registration tax by 40%, align deed value with market rates
    Govt to cut property registration tax by 40%, align deed value with market rates
  • British Prime Minister Keir Starmer speaks during a reception, following the UK-EU summit, in London, Britain, May 19, 2025. REUTERS/Hannah McKay/Pool/File Photo
    UK suspends trade talks with Israel, summons ambassador, issues sanctions over new Gaza offensive
  • A file photo of the NBR Bhaban in Agargaon, Dhaka
    NBR dissolution: Protesters say meeting with advisers not fruitful, announces sit-in programme tomorrow

MOST VIEWED

  • Lotto inaugurates new factory to nearly triple production capacity
    Lotto inaugurates new factory to nearly triple production capacity
  • Ikramul Hasan Shakil at the Base Camp of Mount Everest. Photo: Collected from Shakil's official Facebook page
    From sea to summit: Shakil walks from Cox's Bazar to conquer Everest
  • Illustration: Collected
    Unemployment rate hits historic high, rises to 4.63% as 27.4 lakh now jobless
  • Representational image
    Govt plans to scrap reduced tax benefits for textile sector
  • Saleh Uddin Ahmed. Sketch: TBS
    Large depositors in troubled banks to be offered shares, bonds: Salehuddin
  • The Chattogram Custom House building in Chattogram. File Photo: Collected
    Ctg custom house pen-down strike continues for 5th day

Related News

  • Bangladesh's 2024 in numbers
  • PriyoShop simplifies business and operational landscape for MSMEs in Bangladesh
  • The world will come closer to a new order
  • Biggest election year, but not the most democratic
  • Job market expected to grow in second half of 2024

Features

Football presenter Gary Lineker walks outside his home, after resigning from the BBC after 25 years of presenting Match of the Day, in London, Britain. Photo: Reuters

Gary Lineker’s fallout once again exposes Western media’s selective moral compass on Palestine

2h | Features
Fired by US aid cuts, driven by courage: A female driver steering through uncertainty

Fired by US aid cuts, driven by courage: A female driver steering through uncertainty

9h | Features
Photo: TBS

How Shahbagh became the focal point of protests — and public suffering

1d | Panorama
PHOTO: Collected

Helmet Hunt: Top 5 half-face helmets that meet international safety standards

2d | Wheels

More Videos from TBS

Western world warns Israel over aid blockade and military operation

Western world warns Israel over aid blockade and military operation

2h | TBS World
Atrai dam breaks for the second time within 4 months

Atrai dam breaks for the second time within 4 months

2h | TBS Today
How is China the 'winner' of the India-Pakistan conflict?

How is China the 'winner' of the India-Pakistan conflict?

4h | Others
Why ADP implementation rate lowest in education and health sectors?

Why ADP implementation rate lowest in education and health sectors?

4h | Podcast
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net