Editorial

Joy and desire for change as Gaza’s Deir el-Balah holds elections | Elections News

Deir el-Balah, Gaza – Early this morning, Salama Badwan, his wife and daughter headed to a polling station in Deir el-Balah, central Gaza, to participate in the municipal elections, which are taking place for the first time since 2006.

The 43-year-old said he was delighted to be casting a vote after such a long absence, and overjoyed that his daughter, who recently turned 18, could vote for the first time in her life.

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The vote is also the first since a “ceasefire” took effect in Israel’s genocidal war against Palestinians in the Gaza Strip. The war has affected all aspects of life, including the electoral process itself. With many of Deir el-Balah’s buildings damaged or destroyed during the war, polling stations have been set up in temporary fibreglass tents on open land.

“I am very happy today, because this is a truly Palestinian democratic celebration. Many generations have been deprived of it for more than 21 years, and today my daughter is voting for the first time,” Badwan told Al Jazeera.

For him, the importance of the elections is providing Palestinians in Gaza with a chance to achieve change through peaceful and democratic means.

“We must change everything through the ballot box … whoever wins, it is their right, but not through inheritance … change must be in the hands of the people.”

Dunia Salama, 18, came to vote in her first-ever election experience in Deir Al-Balah [Abdelhakim Abu Riash/ Al Jazeera]
Dunia Salama, 18, came to vote in her first-ever election experience in Deir el-Balah [Abdelhakim Abu Riash/ Al Jazeera]

But despite this enthusiasm, the reality in Deir el-Balah, in central Gaza, remains complex amid the ongoing “ceasefire”.

The city, which Badwan describes as “always calm,” has become a refuge for hundreds of thousands of displaced people from across Gaza, putting unprecedented pressure on its infrastructure.

“The city received large numbers of displaced people, each coming with different ideas, circumstances, and harsh suffering … This created enormous pressure on water networks, sewage systems, and waste management, and exhausted the previous municipality.”

Deir el-Balah was given the opportunity to hold elections because its infrastructure was less damaged than that of other cities in Gaza during the war.

Badwan places his hopes on a new municipal council capable of handling the scale of the crisis left by the war, away from the political divisions that have swept the Gaza Strip between Hamas and Fatah, the two main rival factions.

“We want a very strong municipal team that does not belong to any faction … one that can secure support from donor countries and meet people’s needs, because today Deir el-Balah is hosting all.”

On the street, he describes the atmosphere of the elections as “positive and enjoyable”, despite general frustration with the political class.

“People are fed up with politicians and unfulfilled promises,” he says, adding that he encouraged those around him to participate in the elections in the hope of creating change.

“I told my friends and children we must go and vote … we cannot just sit at home and wait for change.”

Awda Abu Baraka, 73, votes at a polling station center in Deir al-Balah [Abdelhakim Abu Riash/ Al Jazeera]
Awda Abu Baraka, 73, votes at a polling station centre in Deir el-Balah [Abdelhakim Abu Riash/ Al Jazeera]

‘I finally have a voice’

Standing beside her father, Dunia, Salama’s 18-year-old daughter, did not hide her joy at casting a vote, despite the exceptional circumstances surrounding her.

“I’m very happy that I can vote in my country and my city, Deir el-Balah … and that I, like others in my generation, can finally participate and have a voice,” said Dunia, a first-year nursing student at Al-Aqsa University.

“Honestly, I had never voted before and didn’t have a clear idea … but when the elections came, my father explained how things work and how our voices could help change the difficult reality we live in, even a little,” she said.

Around 70,000 voters are eligible to participate in the elections held in Deir al-Balah [Abdelhakim Abu Riash/ Al Jazeera]
Approximately 70,000 voters are eligible to participate in the elections held in Deir el-Balah [Abdelhakim Abu Riash/ Al Jazeera]

Like many of her peers, Dunia’s motivations are practical and directly tied to daily life, which has sharply deteriorated since Israel launched the war in October 2023. She chose a candidate list composed mostly of young people, describing them as “capable and experienced in their work,” reflecting her hope for a more efficient municipal administration.

“The reality the city is living after displacement is far from stable… the situation is tragic, especially cleanliness, public streets, healthcare, and even education … everything is in very bad condition.”

“I hope these elections help create a situation where students return to schools, and new housing alternatives and camps are provided for displaced people instead of using schools,” she said.

“We want things to go back to how they were … schools should return to students instead of being shelters, hospitals should improve, and streets should be cleaned,” she says.

A long-delayed moment

For Awda Abdel Karim Abu Baraka, 73, the elections represent an opportunity to choose those capable of “reviving society and institutions that have been stalled for years”.

He believes that the local elections could carry broader significance beyond Deir el-Balah. “They are part of a larger system … the West Bank and Gaza,” he explains.

“Holding elections today in Deir el-Balah shows the world that we are a democratic people, and we choose our representatives without imposition,” he adds, expressing hope that “the international community will support this path.”

He also stressed the need for the winners of the vote to respect the city’s residents who have suffered for years amid Israel’s war. “There must be real programmes, not high slogans that later fall … the citizens must be respected, and their dignity and humanity – violated by war – must be restored.”

Despite recognising the scale of challenges, he remains committed to gradual change. “We know the challenges are big and that change takes time … a long journey begins with a single step, and hopefully, this is the first step on the way.”

‘Born out of nothing’

Meanwhile, Mohammad Abu Nada, coordinator of the Deir el-Balah electoral district, moved between voters and staff inside tents set up in place of school polling stations, describing an electoral process that was “born out of nothing”.

He recalls greeting the initial announcement of the elections by the Central Elections Commission in the West Bank with a mix of surprise and a sense of responsibility.

“At first, the news was unexpected … there was joy that we were returning to work after two and a half years of suffering under war, but at the same time, there was a strong sense of responsibility.”

That feeling quickly collided with the complex logistical reality in a city suffering from widespread destruction and severe shortages of resources.

“Capabilities are extremely limited … even this place was just empty land. We relied on tents from international organisations to use as polling stations,” he says, noting that most schools have been turned into shelters for displaced people.

Mohammad Abu Nada, coordinator of the Deir al-Balah electoral district [Abdelhakim Abu Riash/ Al Jazeera]
Mohammad Abu Nada, coordinator of the Deir el-Balah electoral district [Abdelhakim Abu Riash/ Al Jazeera]

Despite these challenges, polling centres were set up across the city, in a task he describes as far from easy.

The difficulties did not stop there. Essential electoral materials, usually transported from Ramallah, were prevented from entering Gaza.

Abu Nada explains the challenges in securing logistical items such as ballot boxes, stamps, papers, and campaign materials.

“We had to rely on our local capabilities … ballot boxes were designed and manufactured here in Deir el-Balah, and they served the purpose fully.”

Even electoral ink was unavailable after being denied entry by Israeli authorities. “We used ink previously used by the World Health Organization during vaccination campaigns … we tested it, and it stays on the finger for days and worked well,” he explains.

Amid shortages and soaring prices – “multiplied 10 times” – work continued intensively.

“We worked day and night … everything was difficult, from papers to stamps, but in the end we managed,” he says, noting that approximately 70,000 voters are eligible in the city.

While turnout appeared to be limited in the early morning, it picked up later in the day, Abu Nada said, attributing the slow start to people’s focus on meeting basic needs.

“People are standing in lines for water and bread … but we expect turnout to increase.”

The choice of Deir el-Balah for holding elections was not random, but due to its relatively better conditions compared to other areas.

“It is impossible to hold elections in completely destroyed areas like northern Gaza or Khan Younis … so the decision was to start in an area with minimal capacity, hoping to expand later.”

Still, the challenges facing the upcoming municipal council remain significant.

“Deir el-Balah today is not what it was before the war … population pressure is huge, and expectations from the new municipality are high,” he says.

As for the campaign, Abu Nada explains it was conducted in record time and with intense efforts.

“We worked like a beehive … organised more than 20 awareness workshops, worked with local institutions and influencers, and distributed posters and materials explaining how to vote and encouraging participation.”

At the end of his remarks, he expresses a sense of achievement despite the difficulties.

“Today, in front of everyone, we are exercising our electoral right despite all conditions … and that in itself is a success,” he says.

“And hopefully, this is the first step on a longer road.”

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US-Israeli war on Iran will push 30 million back into poverty, UN warns | US-Israel war on Iran News

Disruption to fuel and fertiliser supplies due to the Strait of Hormuz closure will hit crop yields, UNDP chief warns.

The Iran war will push more than 30 million people back into poverty, with the knock-on effects of the conflict likely to increase food insecurity in the coming months, the United Nations has warned.

Disruption to fuel and fertiliser supplies due to the ongoing blocking of cargo vessels through the Strait of Hormuz has already lowered agricultural productivity and will hit crop yields later this year, the UN’s development chief said on Thursday.

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“Even if the war would stop tomorrow, those effects, you already have them, and they will be pushing back more than 30 million people into poverty,” said Alexander De Croo, administrator of the United Nations Development Programme (UNDP).

He also warned of other fallouts of the United States-Israeli war on Iran, including energy shortages and falling remittances.

Much of the world’s fertiliser is produced in the Middle East, and one-third of global supplies passes through the Strait of Hormuz, where Iran and the US are jostling for control.

The UN’s Food and Agriculture Organization (FAO) last week warned that a prolonged crisis in the strait could lead to a global food “catastrophe”.

India, Bangladesh, Sri Lanka, Somalia, Sudan, Tanzania, Kenya, and Egypt are among the countries most at risk, according to the FAO.

“Food insecurity will be at its peak level in a few months – and there is not much that you can do about it,” De Croo said.

Straining humanitarian efforts

The knock-on effects of the Iran conflict have already wiped out 0.5 percent to 0.8 percent of global gross domestic product (GDP), according to De Croo, who noted, “Things that take decades to build up, it takes eight weeks of war to destroy them.”

De Croo, the former prime minister of Belgium, also warned that the Middle East crisis is straining humanitarian efforts in other parts of the world, with the sector already facing funding cuts.

The US-Israeli attacks on Iran, which began on February 28, have also choked up key humanitarian aid routes, delaying life-saving shipments to some of the world’s worst crises.

“We will have to say to certain people, really sorry, but we can’t help you,” De Croo said. “People who would be surviving on help will not have this, and will be pushed into even greater vulnerability.”

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Global Finance Taps Paul Curcio As New Editorial Leader

The publication’s shift in leadership signals both continuity and evolution—positioning the storied magazine for its next phase of growth.

After 15 years at the helm of Global Finance Magazine, Andrea Fiano is stepping into a new role as Editor at Large, marking the close of a defining chapter for the publication and the beginning of a new era under Paul Curcio.

Fiano, who led the magazine since 2011, played a central role in shaping its authoritative voice while expanding its digital and print reach. He expressed confidence in the transition, noting he is “incredibly grateful” for his time leading the publication and optimistic about its future.

“I am confident Paul Curcio will lead the publication to new heights,” Fiano said. 

During his tenure, Fiano upheld rigorous editorial standards, drawing on breaking news and features from a worldwide network of correspondents. He also guided Global Finance Magazine through defining market events—from the aftermath of the Dot-com Bubble and the Global Financial Crisis to the upheaval of the COVID-19 market crash and recovery. His leadership helped reinforce the publication’s standing among top movers and shakers, including CEOs, CFOs, and institutional leaders worldwide.

In his new position, Fiano will continue contributing strategic insight and thought leadership.

Curcio steps into the role immediately, determined to build on that legacy. 

“I’m excited to join the team at Global Finance during this pivotal moment in its evolution. I’m grateful for the strong foundation and legacy left by my predecessor, Andrea Fiano, and I look forward to working with the team to chart a vibrant course for the publication that resonates with our audience,” he said. Curcio previously held leadership roles at InvestmentNews, TheStreet and The Associated Press.

With more than 50,000 subscribers worldwide, the leadership shift signals both continuity and evolution—positioning Global Finance for its next phase of growth.

Founded in 1987 by Joseph D. Giarraputo, Global Finance has long served as a trusted voice on financial globalization, reaching senior decision-makers across 163 countries. With offices in New York, London, and Milan, the magazine has built a reputation for authoritative coverage of banking, corporate finance and economic policy.

“I want to thank Andrea for 15 years of inspired leadership and wise council that we will all miss,” Giarraputo said. “And welcome, Paul. I’m sure he will build on what Andrea has left behind.”

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Editorial: Oil, currency surge raises stagflation fears in South Korea

Fuel prices are displayed at a gas station in Seoul, South Korea, 15 March 2026. South Korea implemented a temporary cap system on 13 March to ease soaring fuel prices and reduce the burden on consumers, setting maximum prices for products oil refineries supply to gas stations and distributors. Photo by YONHAP / EPA

March 16 (Asia Today) — This commentary is the Asia Today Editor’s Op-Ed.

International oil prices and South Korea’s currency are rising sharply again as the Middle East conflict intensifies, raising growing concerns that the country could slide into stagflation.

On March 13, global crude prices climbed back above $100 per barrel, while the Korean won weakened beyond 1,500 per U.S. dollar in overnight trading. The simultaneous surge in energy prices and the exchange rate has heightened fears that South Korea could face a worst-case scenario in which economic growth slows while inflation accelerates.

Such developments threaten to derail the government’s economic targets for the year – about 2% growth and inflation in the 2% range – making emergency policy responses increasingly urgent.

Brent crude futures for May delivery closed at $103.14 per barrel, up 2.7% from the previous day. It was the first time Brent crude exceeded $100 since August 2022.

U.S. West Texas Intermediate (WTI) crude futures settled at $98.71 per barrel, approaching the $100 threshold. Meanwhile, Dubai crude, the benchmark most relevant to South Korea’s imports, surged to $123.50 per barrel, up $34.60 from the previous week.

As oil prices surged, investors turned toward the U.S. dollar as a safe-haven asset. The won-dollar exchange rate closed at 1,497.5 won per dollar in overnight trading, up 16.3 won from the regular daytime session. During trading, the rate briefly rose to 1,500.9 won, crossing the psychologically important 1,500 level for the first time in seven trading days.

The twin surge in oil prices and the exchange rate has been driven largely by escalating tensions in the Middle East.

Iran has openly threatened to block the Strait of Hormuz, a critical chokepoint through which about 20% of the world’s crude oil supply passes. Iran’s new supreme leader, Mojtaba Khamenei, declared a prolonged confrontation in his first official statement on March 12, saying Tehran should continue using the possibility of a Hormuz blockade as leverage against the United States and Israel.

Oil prices, which had briefly stabilized after U.S. President Donald Trump suggested the conflict might end soon, surged again following the statement.

Tensions escalated further after the United States launched airstrikes on Kharg Island, Iran’s largest oil export hub, on March 13. Iran retaliated by attacking the Fujairah port in the United Arab Emirates, a key oil-export route that bypasses the Strait of Hormuz, putting global energy supply chains on alert.

Trump has also urged five countries – including South Korea, China and Japan – to dispatch naval vessels to the Strait of Hormuz, pushing regional military tensions to a new peak.

Economic analysts warn the shock could have serious consequences for South Korea’s economy.

The Korea Development Institute (KDI) warned last week that rising oil prices linked to the Middle East conflict would increase inflationary pressure while weakening economic growth.

The Hyundai Research Institute estimated that if oil prices climb to $150 per barrel, South Korea’s economic growth rate could fall by 0.8 percentage points.

The government is considering a supplementary budget of 10 trillion to 20 trillion won ($7.5 billion to $15 billion) and temporary fuel tax cuts. However, these measures would only offer short-term relief.

A more fundamental solution lies in reducing South Korea’s heavy reliance on Middle Eastern crude oil, which accounted for 69% of total imports last year. Diversifying energy sources by expanding imports from countries such as Brazil and Norway should be pursued urgently.

The government must mobilize every available policy tool – including measures to stimulate domestic demand – to prevent what could become the fourth Middle East-driven oil shock from pushing the economy into stagflation.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260315010004332

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