Area West Bank Financial News

It is worth noting that Saudi Arabia, Iran and Qatar not only extended their support to Palestine, but also criticised Israel over its treatment of Palestinians. Egypt is also extending its support to Palestine and is also providing humanitarian assistance to Gaza. The nation also condemned any displacement of Palestinians from North Gaza.

Israeli Prime Minister Benjamin Netanyahu has vowed to “crush and destroy” the militant group Hamas in response to its surprise weekend attack that has shaken the Middle East and the world.

By Suleiman Al-Khalidi and Maya Gebeily

Israel on Thursday with the scheduled departure of two Canadian evacuation flights and as more countries say they will also work to evacuate citizens after a deadly Hamas attack on Saturday.The departures list at Tel Aviv’s Ben Gurion airport has two Canadian Air Force flights scheduled for 2:30 p.m. and 7 p.m.

Israel on Friday, said MEA spokesperson Arindam Bagchi during the weekly press conference on Wednesday. «Yesterday, operation Ajay was launched to facilitate our citizens who wish to come back. The first flight will reach Tel Aviv tonight and is likely to reach India tomorrow,» said Bagchi. India on Thursday launched 'Operation Ajay' to facilitate the return of Indians from Israel who wish to come back home.

What is the genesis of this crisis? It’s an incendiary mix of politics, religion and economics. Modern Palestine was populated with Jews from the global diaspora—a British imperial drive—in 1948. Around 750,000 Palestinians were expelled as Jews captured 78% of the land.

Israel, where he was vacationing with friends and had been attending a music festival about five kilometres from the border with Gaza. But the festivities had been interrupted by Hamas militants storming into Israel, and Ohnona could hear screams and gunfire in the background as her son spoke to her.“He said, ‘Mommy, we’re in the middle of a terrorist attack,'” Ohnona said in an interview with Global News on Tuesday.A short while later, Look was dead, one of at least two Canadians who are among over 1,000 people now confirmed to have been killed in Israel since the attack by Hamas began Saturday.As of Tuesday, about 900 people have been killed in Gaza and the West Bank, including 260 children and 230 women, according to authorities there.

Also Read: Israel-Hamas War LIVE Updates: Palestinians struggle for safety as Israel pounds sealed-off Gaza Strip Here are some of the major milestones in its recent history. 1948 - End of British rule As British colonial rule came to an end in Palestine in the late 1940s, violence intensified between Jews and Arabs, culminating in war between the newly created State of Israel and its Arab neighbors in May 1948. Tens of thousands of Palestinians took refuge in Gaza after fleeing or being driven from their homes.

World Bank President Ajay Banga said on Tuesday that the Israel-Gaza conflict is an unnecessary global economic shock that will make it harder for central banks to achieve soft landings in many economies if it spreads. «It's a humanitarian tragedy and it's an economic shock we don't need,» Banga told Reuters on the sidelines of the World Bank-International Monetary Fund annual meetings in Morocco. Central banks were «beginning to feel a little more confident that there was an opportunity for a soft landing, and this just makes it harder», Banga said. Banga said there was less immediate economic impact than at the start of Russia's invasion of Ukraine last year because the Israel-Gaza conflict does not impact exports of oil, grains and fertilizers. But it does transmit through financial markets, with dollar assets suddenly rising, he said. Inflation has come down in recent months, prices and wages were stabilizing and markets had become used to the idea that rates would stay higher for longer, Banga said, adding that another prolonged conflict could upset those dynamics. «It's the side effects of all that.

Vivian Silver’s son was anxiously texting with his mother on Saturday morning, as Hamas gunmen closed in on her home near Israel’s Gaza border. Her last message read: “They’re inside the house.”The 74-year-old Canadian-Israeli spent her adult life campaigning for peace and human rights for Palestinians, particularly those living in impoverished Gaza.Silver is now presumed to be a prisoner, among the dozens of civilian hostages held by Hamas following the militant group’s coordinated weekend attack on Israeli soil.“This is almost surreal to think that someone who dedicated their entire life to building peace, ending the occupation, lifting the siege of Gaza, is kidnapped by Hamas,” said Ariel Dloomy, Silver’s former colleague at the Arab-Jewish Center for Equality, Empowerment and Cooperation, in an interview with Global News.Silver grew up in Winnipeg and moved to Israel in the 1970s.

By Andrea Shalal and David Lawder

Hamas’s bloodthirsty assault on Israel. That is because it involved thousands of rockets, and fighters attacking the south of the country by land, sea and air. And because it was completely unforeseen despite its scale, inflicting a humiliating blow against Israel’s vaunted intelligence services.

Israel by air, land and sea.Millions of Israelis in the country’s south awoke to incoming rockets and the inevitable thud of impact. Air raid sirens wailed as far north as Tel Aviv.

Saturday's attacks by Hamas shocked leaders across the world, but they came after decades of a relentless and deadly conflict that has killed thousands of people, forced entire generations to grow up under occupation, or created constant anxiety of impending rocket fire or bombings. Here is a summary of the main events of the conflict, which spans two centuries. — On several occasions this year, hundreds of Israeli forces carried out military raids in the Palestinian city of Jenin. In January, a Palestinian man killed seven people at a synagogue in east Jerusalem. — After a spate of terrorist attacks in Israeli cities in 2022, Israeli forces killed at least 166 Palestinians in the Israeli-occupied West Bank. — In May 2021, Israeli police raided Al-Aqsa Mosque in Jerusalem, the third-holiest site in Islam, which set off an 11-day war between Israel and Hamas that killed more than 200 Palestinians and more than 10 Israelis.

Middle East for a new era. But the old Middle East, it turns out, still has something to say about it. The stunning Hamas assault on Israel on Saturday served as a gut-wrenching reminder that the decades-old conflict with Palestinians remains a cancer that has not gone away even as leaders in Washington, Jerusalem, Riyadh, Saudi Arabia, and other Arab capitals would prefer to focus on building a revamped region. U.S. officials said it was too early to say whether the attack was explicitly motivated by a desire by Hamas or its patron Iran to disrupt President Joe Biden's effort to broker a landmark deal between Israel and Saudi Arabia that would profoundly reorient the Middle East. But they acknowledged that it could complicate the already delicate negotiations and make it that much harder to reach an agreement akin to the Abraham Accords between Israel and smaller Arab nations. Also Read: Israel Palestine War Live Updates: At least 500 dead in Israel and Gaza after Hamas attack; Indian students get in touch with Embassy «This will slow considerably if not kill the Saudi Abraham Accords deal,» said Mara Rudman, a former Middle East peace diplomat under President Barack Obama. «It strikes at the heart of key elements for Saudi entry, a pathway forward for Palestinians in West Bank and Gaza,» she added. «And on the Israeli side, there will be zero appetite across a wide political spectrum for helping Palestinians, despite the fact that so doing could actually enhance, not detract from, Israeli security.»

deadliest attack on Israel that killed over 250 people and injured several others, said diplomats on Saturday. In an official statement, UN spokesperson Stephane Dujarric said, “UN Secretary-General Antonio Guterres condemned the attack by Hamas and urged all diplomatic efforts to avoid a wider conflagration." "The Secretary-General is deeply concerned for the civilian population and urges maximum restraint. Civilians must be respected and protected in accordance with international humanitarian law at all times," Dujarric said as quoted by Reuters. Israel has declared a “state of war" after Palestinian militants fired more than 5,000 rockets from the Gaza Strip toward Israel, killing at least 250 people and wounding several others.

Hamas attack targeting Israel and the retaliation that followed, but others blamed Israel itself and some celebrated the surprise assault. The early morning Hamas offensive by air, land and sea was met by Israeli air strikes on the blockaded coastal enclave, in the bloodiest escalation since May 2021. «We are at war,» Israeli Prime Minister Benjamin Netanyahu said, promising that «the enemy will pay an unprecedented price». Here is a roundup of reactions from the region: — Egypt - The foreign ministry appealed to «both the Palestinian and Israeli sides to exercise the utmost restraint», warning of the «dire danger of ongoing escalation». Cairo has historically been a key mediator in conflicts between the two sides. Foreign Minister Sameh Shoukry made a series of calls to regional and international leaders, including his Jordanian, UAE, Turkish, German and French counterparts, and to European Union foreign policy chief Josep Borrell. A foreign ministry statement said Shoukry sought to rally «international actors» to «intervene immediately». — Jordan - Foreign Minister Ayman Safadi warned of the «volatility» of the situation, «particularly in light of what cities and areas of the West Bank are witnessing of Israeli attacks and violations against the Palestinian people». The Hamas assault follows months of surging violence in the Israeli-Palestinian conflict, with fatalities in the occupied West Bank reaching a scale not seen in years. Jordan and Egypt were the first two countries in the region to agree peace deals with Israel. — UAE - The United Arab Emirates called for «an immediate ceasefire» and «exercising the utmost restraint,» state news agency WAM reported. «The UAE has expressed its sincere

Hamas and the Israeli Defence Forces have once again escalated the tension in the Middle East, endangering the lives of hundreds of thousands of people in the Gaza Strip. The present circle of violence and counter-violence began in 2005 with the weakening of the Palestine Liberation Organization and the withdrawal of Israeli troops from the Gaza Strip. January 25, 2006: The Islamist group Hamas wins the election of the Palestinian Authority.

August 2005:- Israeli forces unilaterally withdraw from Gaza 38 years after capturing it from Egypt in the Middle East war, abandoning settlements and leaving the enclave under the control of the Palestinian Authority. January 25, 2006:- The Islamist group Hamas wins a majority of seats in a Palestinian legislative election. Israel and the U.S.

rockets were fired at Israel from the blockaded Gaza Strip at dawn on Saturday as militants from the Palestinian enclave infiltrated Israel, with at least one person killed, the army and medics said. Rockets streamed across the sky repeatedly after the first launches from multiple locations across the Palestinian territory from 06:30 am (0330 GMT), AFP journalists in Gaza City reported. The outbreak of conflict follows months of surging violence in the Israeli-Palestinian conflict, with fatalities in the occupied West Bank hitting a scale not seen in years. Air raid sirens wailed across Israel's south and central areas, with the Israeli army urging the public to stay near bomb shelters. AFP journalists in Jerusalem heard multiple rockets being intercepted, with sirens blaring across the city on more occasions than in any Gaza conflict in the past three years. The armed wing of the Palestinian Islamist group Hamas said it was behind the aerial assault, claiming its militants had launched more than 5,000 rockets. «We decided to put an end to all the crimes of the occupation (Israel), their time for rampaging without being held accountable is over,» the Ezzedine al-Qassam Brigades said. «We announce Operation Al-Aqsa Flood and we fired, in the first strike of 20 minutes, more than 5,000 rockets.» Israel's military said Hamas launched «massive shooting of rockets», while at the same time «terrorists infiltrated into Israeli territory in a number of different locations.» Hamas «will face the consequences and responsibility for these events», an army statement said. A woman in her 60s was killed «due to a direct hit» in Israel, the Magen David Adom emergency services said. Fifteen others were wounded, two of them

TEL AVIV—Israeli Prime Minister Benjamin Netanyahu’s big bet on sealing a landmark rapprochement with Saudi Arabia is running into a familiar problem: The Palestinians want land for giving their blessing to a deal, but Netanyahu’s coalition partners are adamantly against the idea. Talks have been in flux over economic incentives for the Palestinians to get on board with what would be a historic realignment in the Middle East.