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'Gooner 9/11' averted as Zenless Zone Zero's butt-obfuscation technology is rolled back in the face of horny outrageCombination brings emerging leader in Italian natural gas and renewable natural gas to public markets Shares of AleAnna, Inc. to begin trading on Nasdaq on December 16 under the ticker symbol “ANNA” AleAnna stands on the cusp of a major milestone, with the first phase of natural gas production from the Longanesi Field projected to commence in Q1 2025 DALLAS and VANCOUVER, British Columbia and ROME, Dec. 13, 2024 (GLOBE NEWSWIRE) -- AleAnna, Inc. (together with its subsidiaries, “AleAnna” or the “Company”), an emerging leader in Italy’s energy landscape, announced the completion of the previously announced business combination (the “Business Combination”) between Swiftmerge Acquisition Corp. (NASDAQ: IVCP) (“Swiftmerge”), a special purpose acquisition company, and AleAnna Energy, LLC (“AleAnna Energy”). Concurrent with the completion of the Business Combination, Swiftmerge has changed its name to AleAnna, Inc. Commencing at the open of trading on December 16, 2024, the Class A shares of common stock and warrants of AleAnna are expected to begin trading on the NASDAQ Capital Market under the ticker symbols “ANNA” and “ANNAW”, respectively. The transaction was unanimously approved by the Board of Directors of Swiftmerge and was approved at an extraordinary general meeting (the “Shareholders Meeting”) of Swiftmerge’s shareholders on December 12, 2024. Former equity holders of AleAnna Energy rolled 100% of their equity interests into the combined company. Prior to the execution of the Agreement and Plan of Merger, dated June 6, 2024, AleAnna Energy's equity holders contributed over $60 million in cash, bringing the company's total cumulative investment to nearly $175 million. This infusion of capital enabled the completion of the Longanesi Field tie-in and the acquisition of initial renewable natural gas (“RNG”) assets, both finalized in Q3 2024. Additionally, the investment covered expenses related to the business combination and provided funding for general corporate liquidity. As of the transaction close, AleAnna had approximately $28 million in cash and cash equivalents on its balance sheet and no debt. This disciplined approach to financial management has empowered AleAnna to allocate significant capital to innovative exploration and development projects while preserving financial flexibility. Long History In Developing Resources in Italy AleAnna has a distinguished history in Italy, having been a leader in energy exploration and development for over a decade. Since its founding in 2007, the company has been dedicated to unlocking the significant potential of Italy’s natural gas reserves through the application of cutting-edge seismic imaging and environmentally responsible practices. AleAnna holds one of the largest portfolios of exploration permits and production concessions in Italy, spanning over 2.3 million acres. By combining advanced technology with a deep respect for Italy’s cultural and environmental heritage, AleAnna is expected to play a pivotal role in bolstering the nation’s energy independence and economic growth, earning its reputation as a trusted partner in Italy’s energy future. Positioning itself as a leader in both onshore conventional natural gas and renewable natural gas (RNG) production, AleAnna is at the forefront of building a secure and reliable domestic energy supply for Italy and the broader European market. The company stands on the cusp of a major milestone, with the first phase of natural gas production from the Longanesi Field projected to commence in Q1 2025. Alongside this, additional gas discoveries at Gradizza and Trava, 13 development prospects in various permitting stages, and leases covering approximately 2.3 million net acres underscore AleAnna’s commitment to future exploration and development. AleAnna is also helping drive the European Union's clean energy transition through its innovative approach to RNG. Leveraging the strategic overlap between its conventional and renewable assets in the Po Valley, AleAnna is transforming agricultural waste into renewable energy. With three RNG facilities operational and over 100 additional opportunities identified, AleAnna is poised for significant expansion in this sector. Guided by a commitment to corporate responsibility and a vision for a sustainable future, AleAnna integrates conventional and renewable energy solutions to reduce Europe’s carbon footprint and advance its clean energy objectives. By delivering innovative energy solutions, AleAnna continues to shape Italy’s energy landscape and support the EU’s transition toward a greener future. Experienced Management And Board Of Directors The combined company will be led by William Dirks as Executive Director and Marco Brun as Chief Executive Officer, supported by a seasoned and highly skilled executive team. AleAnna’s leadership team brings extensive expertise gained from top-tier energy companies, including Shell, Eni, and Exxon. This seasoned group combines in-depth knowledge of energy technology, operations, and business development with well-established regulatory and industry networks in Italy. Their collective experience equips AleAnna to effectively navigate the dynamic and rapidly evolving energy landscape. The Board of Directors, which will include Graham van’t Hoff, William Dirks, Marco Brun, Duncan Palmer, and Curtis Hébert, collectively brings a wealth of experience spanning global energy markets, technical and operational expertise, European energy development, financial management, governance, and regulatory policy. This diverse set of skills and perspectives ensures comprehensive strategic oversight and positions AleAnna for sustained growth and success. With over 15 years of investment and operational experience in Italy, AleAnna has a competitive advantage in securing critical permits and approvals, positioning it ahead of its peers. The company’s approach integrates cutting-edge technologies and industry-leading practices with strategic capital allocation to maximize the value of its conventional and renewable natural gas (RNG) assets. AleAnna is dedicated to sustainable, low-cost growth while maintaining strict capital discipline. By prioritizing innovation, efficiency, and long-term shareholder value, AleAnna is well-positioned to lead the next phase of Italy’s energy transformation. Management Commentary Bill Dirks, Executive Director of AleAnna, commented, “Our investment in state-of-the-art subsurface technology has been a game-changer for AleAnna. By leveraging advanced seismic imaging and cutting-edge data analysis, we have achieved unparalleled accuracy in identifying and developing Italy’s natural gas resources. This technology not only enhances our operational efficiency but also ensures that our exploration and development activities are conducted in an environmentally responsible manner, aligning with our commitment to sustainability and innovation in the energy sector.” Marco Brun, AleAnna’s Chief Executive Officer, added, “We stand at a pivotal moment in AleAnna's journey. As we gear up for production at Longanesi and scale our renewable natural gas (RNG) operations, we are proud to be at the forefront of driving a sustainable energy future. This strategy not only delivers value to AleAnna shareholders but also plays a key role in reshaping the energy landscape for generations to come.” About AleAnna, Inc. AleAnna is an innovative energy company dedicated to unlocking Italy's extensive natural gas reserves and advancing renewable energy solutions to address the country's energy needs and support Europe's sustainability and energy security goals. With a vast portfolio encompassing over 2.3 million acres of potential resources and state-of-the-art technologies, AleAnna is poised to lead Italy's energy transition. Guided by a commitment to environmental responsibility and operational excellence, AleAnna is shaping a sustainable and secure energy future. The company operates regional headquarters in Dallas, TX, and Rome, Italy, serving as strategic hubs for its global and local initiatives. Forward-Looking Statements The information included herein contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Certain statements, other than statements of present or historical fact included herein, regarding the Business Combination, the anticipated benefits of the Business Combination, AleAnna’s future financial performance following the Business Combination, as well as AleAnna’s strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management are forward-looking statements. When used herein, including any statements made in connection herewith, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the negative of such terms and other similar expressions are intended to identify forward-looking statements. However, not all forward-looking statements contain such identifying words. These forward-looking statements are based on AleAnna management’s current expectations and assumptions about future events. They are based on current information about the outcome and timing of future events. You should not place undue reliance upon any forward-looking statements, which speak only as of the date made. Except as otherwise required by applicable law, AleAnna disclaims any duty to update any forward-looking statements, all expressly qualified by the statements in this section, to reflect events or circumstances after the date hereof. AleAnna cautions you that these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of AleAnna. These risks include, but are not limited to, general economic, financial, legal, political and business conditions and changes in domestic and foreign markets; the ability to recognize the anticipated benefits of the Business Combination and any transactions contemplated thereby, which may be affected by, among other things, competition, the ability of AleAnna to grow and manage growth profitably and retain its management and key employees; AleAnna’s need for additional capital to execute its business plan and support its anticipated growth; costs related to the Business Combination; the risks associated with the growth of AleAnna’s business and the timing of expected business milestones; AleAnna’s ability to identify, develop and operate new projects; the reduction or elimination of government economic incentives to the natural gas market; delays in acquisition, financing, construction and development of new projects; decline in public acceptance and support of renewable energy development and projects; the ability to obtain necessary regulatory and governmental permits and approvals; uncertainty regarding the EU’s clean energy transition, including existing regulations and changes to regulations and policies that affect AleAnna’s operations; the ability to maintain the listing of AleAnna’s securities on a national securities exchange; and the effects of competition on AleAnna’s future business. These forward-looking statements involve significant risks and uncertainties, and should one or more of the risks or uncertainties described herein and in any statements made in connection in addition to these occur, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. There may be additional risks that AleAnna does not know or that AleAnna currently believes are immaterial that could cause actual results to differ from those contained in the forward-looking statements. Additional information concerning these and other factors that may impact AleAnna’s expectations and projections can be found in filings it makes with the SEC, including the definitive proxy statement/prospectus filed by Swiftmerge and AleAnna Energy with the SEC on November 21, 2024, including those under “Risk Factors” therein, and other documents filed or to be filed with the SEC by AleAnna. SEC filings are available on the SEC’s website at www.sec.gov . Investor Relations Contact For AleAnna, Inc.: Bill Dirks wkdirks@aleannagroup.comHAMISH MCRAE: Investors should expect some big bumps in 2025 By HAMISH MCRAE Updated: 21:50 GMT, 28 December 2024 e-mail View comments So will 2025 be any better? The past year has been disappointing for most of British business, for UK investors – unless they have a large chunk of their money in the US – and for those of us who predicted better times a year ago. We start from an uncomfortable position. It has been a year of two halves, the first showing decent growth and the second very little at all. The third quarter was flat, and early reports from retailers about November and December suggest that if anything, things have got worse. My own predictions a year ago that the FTSE 100 index would rise to 8,500 and the pound to $1.40 looked all right during the year, with the Footsie topping 8,474 in inter-day trading in May and the pound reaching more than $1.34 at the end of September. But they look hopeless now. My other predictions have proven even worse. The market value of Apple, instead of falling back below $3 trillion, has shot up to nearly $4 trillion. The yield on 10-year gilts, far from staying at around 3.5 per cent, is now more than 4.6 per cent. And as for my expectation that the value of Bitcoin would collapse to below $20,000 – well, it topped $106,000 a few days ago. The only thing that I got more or less right was that UK house prices would rise by 5 per cent. Halifax calculates they were up 4.8 per cent in November and the trend has been rising, so when we get the December numbers, we should be there. So what went wrong? The easy answer is that the new government has been much less competent than we could reasonably have expected, saying the economy was in a mess when actually it was growing very well, and then clobbering it with that dreadful Budget. As a result, the reassessment of the UK as a good place to invest hasn't happened; indeed quite the reverse. Troubled times: The new government has been much less competent than we could reasonably have expected But it's not just our politics. Inflation did come down, but now it is rising again. That is pushing up long-term interest rates and will damage growth this year. The big economies on the Continent – Germany and France – are in trouble. And the huge boom in the US has got new legs from Donald Trump's election victory. Why keep your money in gloomy Britain when you can get a much better return in buoyant America? Let's look forward. Anyone peering into 2025 has to try to answer two questions. One is, will the UK avoid recession? The other is, when and how will the US boom end? The official view is that UK growth won't be too bad. The Bank of England and the International Monetary Fund both expect it to be around 1.5 per cent, and the Office for Budget Responsibility thinks it will be 2 per cent. Well, maybe they are right, but it's hard to square this relative optimism with what most businesses are saying. For example, the Confederation of British Industry's industrial trends survey showed that manufacturing orders are at their lowest since the Covid pandemic. RELATED ARTICLES Previous 1 Next Brace for rougher times ahead - and hearing a lot more about... Will the UK stock market be the one to back in 2025? Shares... Share this article Share HOW THIS IS MONEY CAN HELP How to choose the best (and cheapest) stocks and shares Isa and the right DIY investing account What we really don't know is how small and medium-sized enterprises will react to the rise in employer National Insurance Contributions, which will hit in April. These firms employ nearly 17 million people, some 60 per cent of the workforce. Will they increase prices? Yes, of course. Cut staff? Some will, but we don't know how many. It's odd. We hear so much about big companies, the ones whose people get invited to talk to ministers, but very little about small ones – which in aggregate matter vastly more. If there's going to be a recession, they will be in the front line fighting it off. The other great imponderable will be what happens in America. We know that the market boom has to end. It is already taken on that heady, frothy, over-the-top feeling. But we can't see when or how that will happen. Nor, even more importantly, how a market correction – or crash – will affect the real economy. Long-term, the US will surely dominate the world economy to an even greater extent than now. Short-term, I'm worried. So, a hope. It is that the US will have a calm and measured end to its boom. If it does that, the rest of us will scramble through the coming year in an OK shape. If not, there are big bumps ahead. DIY INVESTING PLATFORMS AJ Bell AJ Bell Easy investing and ready-made portfolios Learn More Learn More Hargreaves Lansdown Hargreaves Lansdown Free fund dealing and investment ideas Learn More Learn More interactive investor interactive investor Flat-fee investing from £4.99 per month Learn More Learn More Saxo Saxo Get £200 back in trading fees Learn More Learn More Trading 212 Trading 212 Free dealing and no account fee Learn More Learn More Affiliate links: If you take out a product This is Money may earn a commission. 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Joel Dahmen's 'half-court' putt keeps PGA Tour status aliveElon Musk’s X has put a fact-check alert on Kemi Badenoch’s tweet in which she claimed that Reform UK had faked its membership numbers. A “community note” was put on the Tory party leader’s tweet — which accused Nigel Farage and his party of faking their membership numbers — saying: “This claim is false. It’s not a ‘fake ticker’.” Badenoch’s tweet was posted on Boxing Day a few hours after Farage had put a message on the platform claiming that Reform’s membership had gone over 131,680. This was the number of eligible Conservative Party members in its leadership election in the autumn, and meant that Reform was now Britain’s official opposition, Farage claimed. Badenoch said the counter was “coded to tick up automatically”, leading to
( MENAFN - Live Mint) WASHINGTON - The Commerce Department's efforts to curb China's and Russia's access to American-made advanced computer chips have been“inadequate” and will need more funding to stymie their ability to manufacture advanced weapons, according to a report published Wednesday by the Senate's Permanent Subcommittee on Investigations. The Biden administration imposed export controls to limit the ability of China and Russia ability to access U.S.-made chips after Russia's invasion of Ukraine nearly three years ago. The agency's Bureau of industry and Security, according to the report, does not have the resources to enforce export controls and has been too reliant on U.S. chip makers voluntarily complying with the rules. But the push for bolstering Commerce's export control enforcement comes as the incoming Trump administration says it is looking to dramatically reduce the size and scope of federal government. President-elect Donald Trump has tapped entrepreneurs Elon Musk and Vivek Ramaswamy to lead a new“Department of Government Efficiency” to dismantle parts of the federal government. The Trump transition team did not immediately respond to a request for comment on the report. BIS's budget, about $191 million, has remained essentially flat since 2010 when adjusted for inflation. “While BIS' budget has been stagnant for a decade, the bureau works diligently around the clock to meet its mission and safeguard U.S. national security,” Commerce Department spokesperson Charlie Andrews said in a statement in response to the report. Andrews added that with“necessary resources from Congress” the agency would be "better equipped to address the challenges that come with our evolving national security environment.” In a letter to Commerce Secretary Gina Raimondo on Wednesday, Democratic Sen. Richard Blumenthal of Connecticut, chair of the subcommittee, pointed to news reports of the Russian military continuing to acquire components from Texas Instruments through front companies in Hong Kong to illustrate how the export controls are failing as an effective tool. Texas Instruments did not immediately respond to a request for comment. “While Congress must provide BIS more resources to undertake its critical mission, it is long past time for BIS to make full use of the enforcement powers Congress has conferred upon it and take aggressive steps to cut the flow of U.S. semiconductors into the Russian war machine,” Blumenthal wrote. Blumenthal in a separate statement added that he was calling on "Commerce to take immediate action and crack down on the companies allowing U.S.-made semiconductors to power Russian weapons and Chinese ambition.” It's not just Texas Instruments that's the issue. The subcommittee in September published a report that found aggregated exports from four major U.S. advanced chip manufacturers nearly doubled from 2021 to 2022 to Armenia and Georgia. Both of those countries are home to front companies known to assist Russia in acquiring advanced chips made in the U.S. despite export controls. China, meanwhile, has created“vast, barely disguised smuggling networks which enable it to continue to harness U.S. technology,” the subcommittee report asserts. Washington has been gradually expanding the number of companies affected by such export controls in China, as President Joe Biden's administration has encouraged an expansion of investments in and manufacturing of chips in the U.S. But Chinese companies have found ways to evade export controls in part because of a lack of China subject matter experts and Chinese speakers assigned to Commerce's export control enforcement. The agency's current budget limits the number of international end-use checks, or physical verification overseas of distributors or companies receiving American-made chips that are the supposed end users of products. Currently, Commerce has only 11 export control officers spread around the globe to conduct such checks. The committee made several recommendations in its report, including Congress allocating more money for hiring additional personnel to enforce export controls, imposing larger fines on companies that violate controls and requiring periodic reviews of advanced chip companies' export control plans by outside entities. Boak reported from West Palm Beach, Florida. MENAFN18122024007365015876ID1109009431 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
Manchester United head coach Ruben Amorim claims that "the storm is coming" for his team. Despite a promising start to his tenure, with two wins and a draw in his first three games, Amorim is aware of the daunting challenges ahead. United's next fixture is away to Arsenal , a team that has finished second in the Premier League for the past two seasons, and Amorim acknowledged the significant gap between the two clubs. With a tough run of fixtures looming, including matches against Manchester City , Tottenham , Liverpool , and another encounter with Arsenal in the FA Cup, Amorim is cautious about his team's prospects. United's recent record against the top six teams is dismal, with no wins in their last ten away fixtures, and Amorim is bracing himself for difficult times ahead. "I would like to say different things, but I have to say it again: the storm will come," the Portuguese coach said. "I don't know if you use that expression but we are going to have difficult moments and we will be found out in some games. And I know that because I'm knowing my players and I know football and I follow football. "So I understand the difference between the teams and we are in the point in that we are putting simple things in the team, without training, and you feel it in this game against Everton. They change a little bit the way they were building up. "They are a very good team and we were with a lot of problems because we cannot change it by calling one thing to the captain. So we don't have this training. So let's focus on each game, on the performance, what we have to improve, trying to win games. And that is the focus." He further stressed the high expectations at the club: "I know it's really hard to be a Manchester United coach and say these things in press conferences. We want to win all the time, no matter what. We are going to try to win but we know that we are in a different point if you compared to Arsenal . "So it is what it is and we will try to win it and we go with confidence to win, but we know that we need to play very well to win the next football match."Dalfa Cattle Show from Jan 17 A person holding the leash of a cow. — Facebook@dalfapak/File KARACHI: The fourth edition of the Dalfa Cattle Show will take place from January 17-19 at the Expo Centre here in Karachi. A briefing in this regard was held at the Governor House which was attended by key stakeholders from agriculture and livestock sectors. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1700472799616-0'); }); In his message, Sindh Governor Kamran Khan Tessori discussed the importance of public-private partnerships for economic stability and urged innovation in the agriculture and livestock sectors. He highlighted that such initiatives are vital for the growth and development of the national economy.CEO of Badar Expo Zohair Naseer, while addressing the event, reflected on the journey of the Dalfa Expo and Cattle Show. He noted, “We started with just 12 exhibitors, and now, with the support of the provincial governments of Sindh and Balochistan, we have grown to over 200 exhibitors.” He further revealed that this year, they aim to target African markets, with over 30 exhibitors from countries such as Nigeria, Senegal, and Ethiopia joining the show. “This will open new opportunities for export to our local sectors,” he added. Senior Joint Director at the State Bank of Pakistan Nadeem Khanzada highlighted that livestock contributes 14 per cent to the national GDP and emphasised on the need to support small farmers. Patron-in-Chief Dalfa Haris Mithani expressed his satisfaction with the progress of the show: “our journey has reached an important milestone. The show plays a crucial role in promoting key sectors of the country that are vital for the national economy.” Mithani acknowledged the contributions of various sectors including dairy, agriculture, livestock, fisheries and advanced technology, which have been instrumental in the success of the event. Vice Chairperson of the Balochistan Board of Investment and Trade (BBoIT) Bilal Khan Kakar announced that the next edition of Dalfa will be hosted in Balochistan, with full support from the provincial government. He stressed that Balochistan, which holds the largest share in the livestock sector, has not yet utilised its full potential, particularly in the blue economy, and the upcoming show will help raise awareness about its significance.BEIRUT (AP) — Insurgents’ stunning march across Syria accelerated Saturday with news that they had reached the gates of the capital and that government forces had abandoned the central city of Homs. The government was forced to deny rumors that had fled the country. The loss of Homs is a potentially crippling blow for Assad. It stands at an important intersection between Damascus, the capital, and Syria’s coastal provinces of Latakia and Tartus — the Syrian leader’s base of support and home to a Russian strategic naval base. The pro-government Sham FM news outlet reported that government forces took positions outside Syria’s third-largest city, without elaborating. Rami Abdurrahman who heads the Britain-based Syrian Observatory for Human Rights, said Syrian troops and members of different security agencies have withdrawn from the city, adding that rebels have entered parts of it. The insurgency announced later Saturday that it had taken over Homs. The city’s capture is a major victory for the rebels, who have already seized the cities of and , as well as large parts of the south, in a lightning offensive that began Nov. 27. Analysts said rebel control of Homs would be a game-changer. The rebels’ moves around Damascus, reported by the monitor and a rebel commander, came after the Syrian army withdrew from much of southern part of the country, leaving more areas, including several provincial capitals, under the control of opposition fighters. For the first time in the country’s long-running civil war, the government now has control of only three of 14 provincial capitals: Damascus, Latakia and Tartus. The were among the largest in recent years by opposition factions, led by a group that has its origins in al-Qaida and is considered a terrorist organization by the U.S. and the United Nations. In their push to overthrow Assad’s government, the insurgents, led by the group, or HTS, have met little resistance from the Syrian army. The rapid rebel gains, coupled with the lack of support from Assad’s erstwhile allies, posed the most serious threat to his rule since the start of the war. The U.N.’s special envoy for Syria, Geir Pedersen, on Saturday called for urgent talks in Geneva to ensure an “orderly political transition.” Speaking to reporters at the annual Doha Forum in Qatar, he said the situation in Syria was changing by the minute. Russian Foreign Minister Sergey Lavrov, whose country is Assad’s chief international backer, said he feels “sorry for the Syrian people.” In Damascus, people rushed to stock up on supplies. Thousands went to Syria’s border with Lebanon, trying to leave the country. Many shops in the capital were shuttered, a resident told The Associated Press, and those still open ran out of staples such as sugar. Some were selling items at three times the normal price. “The situation is very strange. We are not used to that,” the resident said, insisting on anonymity, fearing retributions. “People are worried whether there will be a battle (in Damascus) or not.” It was the first time that opposition forces reached the outskirts of Damascus since 2018, when Syrian troops recaptured the area following a yearslong siege. The U.N. said it was moving noncritical staff outside the country as a precaution. Assad’s status Syria’s state media denied social media rumors that saying he is performing his duties in Damascus. He has had little, if any, help from his allies. Russia, is busy with its . Lebanon’s Hezbollah, which at one point sent thousands of fighters to shore up Assad’s forces, has been weakened by a yearlong conflict with Israel. Iran has seen its proxies across the region degraded by regular Israeli airstrikes. U.S. President-elect Donald on social media that that the United States should avoid engaging militarily in Syria. Pedersen said a date for talks in Geneva on the implementation a U.N. resolution, adopted in 2015, and calling for a Syrian-led political process, would be announced later. The resolution calls for the establishment of a transitional governing body, followed by the drafting of a new constitution and ending with U.N.-supervised elections. Later Saturday, foreign ministers and senior diplomats from eight key countries, including Saudi Arabia, Russia, Egypt, Turkey and Iran, along with Pederson, gathered on the sidelines of the Doha Summit to discuss the situation in Syria. In a statement issued late Saturday, the participants affirmed their support for a political solution to the Syrian crisis “that would lead to the end of military activity and protect civilians.” They also agreed on the importance of strengthening international efforts to increase aid to the Syrian people. The insurgents’ march Rami Abdurrahman, who heads the Britain-based Syrian Observatory for Human Rights, an opposition war monitor, said insurgents were in the Damascus suburbs of Maadamiyah, Jaramana and Daraya. Opposition fighters were marching toward the Damascus suburb of Harasta, he added. A commander with the insurgents, Hassan Abdul-Ghani, posted on the Telegram messaging app that opposition forces had begun the “final stage” of their offensive by encircling Damascus. HTS controls much of northwest Syria and in 2017 set up a “salvation government” to run day-to-day affairs in the region. In recent years, has sought to remake the group’s image, cutting ties with al-Qaida, ditching hard-line officials and vowing to embrace pluralism and religious tolerance. The shock offensive began Nov. 27, during which gunmen captured the northern city of Aleppo, Syria’s largest, and the , the country’s fourth largest city. Opposition activists said Saturday that a day earlier, insurgents entered Palmyra, which is home to invaluable archaeological sites had been in government hands since being taken from the Islamic State group in 2017. To the south, Syrian troops left much of the province of Quneitra including the main Baath City, activists said. Syrian Observatory said government troops have withdrawn from much of the two southern provinces. The Syrian army said in a statement that it carried out redeployment and repositioning in Sweida and Daraa after its checkpoints came under attack by “terrorists.” The army said it was setting up a “strong and coherent defensive and security belt in the area,” apparently to defend Damascus from the south. The Syrian government has referred to opposition gunmen as terrorists since conflict broke out in March 2011. Diplomacy in Doha The foreign ministers of Iran, Russia and Turkey, meeting in Qatar, called for an end to the hostilities. Turkey is a main backer of the rebels. Qatar’s top diplomat, Sheikh Mohammed bin Abdulrahman Al Thani, criticized Assad for failing to take advantage of the lull in fighting in recent years to address the country’s underlying problems. “Assad didn’t seize this opportunity to start engaging and restoring his relationship with his people,” he said. Sheikh Mohammed said he was surprised by how quickly the rebels have advanced and said there is a real threat to Syria’s “territorial integrity.” He said the war could “damage and destroy what is left if there is no sense of urgency” to start a political process. ____ Karam reported from London. Associated Press writers Albert Aji in Damascus, Syria; Qassim Abdul-Zahra in Baghdad; Josef Federman and Victoria Eastwood in Doha, Qatar; and Ellen Knickmeyer in Washington contributed to this report. Bassem Mroue And Zeina Karam, The Associated Press