Russia and China, which hold veto powers in the UN Security Council, raised concerns on Thursday with a US draft resolution that would back a proposal – outlined by President Joe Biden – for a ceasefire between Israel and Palestinian group Hamas. The council’s only Arab member, Algeria, also signaled it was not ready to back the text, diplomats said. A resolution needs at least nine votes in favor and no vetoes by the US, France, Britain, China or Russia to pass. Biden laid out a three-phase ceasefire plan for the Gaza Strip a week ago that he described as an Israeli initiative. The US is seek…