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NEW DELHI : Israel’s declaration of war on Hamas in response to attacks on its territory may cloud New Delhi’s ambitious plans to build an India-Middle East-Europe economic corridor (IMEEC), Indian exporters and trade experts said. The plan to develop shipping and railway links between the three regions was announced as part of the Delhi declaration of the G20 summit in India. Fears are growing in the Indian capital that the war could drive insurance premiums and shipping costs higher as was seen on the trade routes affected by the Russia-Ukraine war last year.

Nushrratt Bharuccha, who got stranded in Israel amidst the escalating Israel-Palestine conflict, is reportedly on her way to India. In an interview with NDTV, her team informed that the ‘Sony Ke Titu Ki Sweety’ star is on a flight back to India. The team, who earlier lost contact with the actress, managed to get in touch with her, with the help of the Embassy. “We did not get a direct flight so she is on a connecting flight home. For her further safety, more details cannot be shared but as soon as she lands in India, we will inform you. We are relieved and thank god that she is safe and on her way to India,” a team member told the news portal. The ‘Akaash Vani’ star, who was visiting Israel to participate in the Haifa Film Festival for the screening of her movie ‘Akelli’, was stranded after the festival ended on October 7. The film festival began on September 28. The movie also stars two Israeli stars Tsahi Halevi and Amir Boutrous, who also featured in the popular web series ‘Fauda’. The actress reportedly took shelter inside a basement.

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

BMW Motorrad, the two-wheeler arm of the German luxury major BMW, targets big growth in its EV sales. Dr. Markus Schramm, Head of BMW Motorrad says the target is to double the share of EVs in his company's global sales this year.

Luxembourg, renowned as the wealthiest European Union member per capita, finds itself grappling with a dire housing crisis, thrusting it into the spotlight as the nation's 660,000 residents prepare for the upcoming elections. Pascale Zaourou, a dedicated teacher and mother of three, sheds light on the hurdles of securing affordable housing, stating, «On the private market, renting a two-bedroom apartment costs a minimum of 2,000 euros, posing significant challenges for single-income households.» She underscores the acute scarcity of affordable housing, particularly impacting young individuals and single-parent families. Antoine Paccoud, a researcher at the Housing Observatory, substantiates these concerns by revealing that «an increasing number of Luxembourgers are seeking refuge across borders in countries like Germany, Belgium, or France, drawn by more reasonable rent and property prices.» Despite its robust financial services-driven economy, Luxembourg grapples with a stark contrast in housing affordability. The average net earnings for a single worker in Luxembourg in 2022 reached a staggering 47,000 euros, ranking as the highest within the EU. In the capital city, newly constructed apartments command prices of 13,000 euros per square meter, while older units fetch approximately 10,700 euros.

A viral video that captured a woman’s xenophobic rant against a group of German tourists has resulted in her getting fired from her job.

It’s a short trip from the White House to the doghouse. Commander, the latest presidential pet to make headlines for his biting behavior, is following in the pawprints of many four-legged dwellers banished from 1600 Pennsylvania Avenue. The 2-year-old German shepherd with a history of nipping Secret Service agents is “not presently on the White House campus," the White House said Thursday.

golden age for e-commerce appeared to be dawning. Optimistic investors, convinced that shoppers would keep buying on the internet, lifted valuations of e-merchants to frothy heights. Retailers old and new raced to expand delivery networks.

Investing.com — The U.S. dollar traded higher Friday, on course for another positive week, ahead of the release of the monthly U.S. nonfarm payrolls which could influence Federal Reserve thinking.

By Emma-Victoria Farr and Pablo Mayo Cerqueiro

Investing.com — European stock markets are expected to open in a mixed fashion Friday, with investors focusing squarely on the monthly U.S. jobs report that could set the tone for the Federal Reserve’s next interest rate move.

By Maria Martinez

global markets on Thursday, the US stocks were little changed ahead of the jobs data, while European equities gained as bond yields and oil prices declimed. MSCI's gauge of stocks across the globe was down 0.17%. Recently, global markets were hit due to hawkish comments from central banks and strong US economic data bolstering bets that interest rates will stay elevated for a longer period.

NEW DELHI : Remember your first Möbius strip? I don’t. But I remember, every time I made one, a sense of wonder at what was about to happen. A two-sided strip of paper, just like every other, suddenly turns one-sided.

The German government says developed countries have pledged $9.3 billion to help poor nations tackle climate change

The International Monetary Fund says it expects the U.S. to continue playing its key role in amassing multinational support that has helped keep Ukraine’s economy afloat during Russia’s invasion

Warner Bros. Discovery's international division, issued a memo to the company's staff today outlining the new global leadership structure. Following the recent departure of France division head Pierre Branco, Warner Bros.

Milan has become a mecca for the wealthy, but the downside of that shift is starting to show. 

Norway’s oil and gas is helping to fuel the nascent recovery in US initial public offerings.

Google has agreed to change its user data practices to end a German antitrust investigation aimed at curbing its data-driven market power, the German cartel office said on Thursday. The German antitrust watchdog in January issued a charge sheet known as a statement of objections to Google over its data processing terms, saying that users were not given sufficient choice as to whether and to what extent they agree to the far-reaching processing of their data across the company's services.

Active Tradesreceived a TU Overall Score of 4.82 and emerged as ranked 95 on the list. This 22-year-old CFD and Forex broker aims at traders from the United Kingdom, Europe, the Commonwealth of Independent States (CIS), Asia, and South America. At the moment, the company is headquartered in London, having additional offices in Milan, Sofia, and Nassau.