Israel Financial News

Negotiators taking part in a World Trade Organization meeting in the United Arab Emirates have ended their summit after failing to reach agreements on several major initiatives

Investing.com-- Oil prices rose slightly in Asian trade on Monday as the OPEC+ maintained its current pace of production cuts until the second quarter, although calls from top U.S. officials for an immediate Israel-Hamas ceasefire dulled crude’s momentum.

By Nidal al-Mughrabi and Bassam Masoud

stampede but local health officials said casualties brought into hospitals had been hit by large calibre ammunition. Pressure has mounted on Israel over the deaths of dozens of Palestinians during a confused incident in the Gaza Strip on Thursday in which crowds surrounded a convoy of aid trucks and soldiers opened fire, with several countries backing a U.N. call for an inquiry.

extremist Islamist views from countries such as Pakistan, Afghanistan and Indonesia will be blocked from entering Britain under new plans being drafted by the government, according to a UK media report on Sunday. 'The Daily Telegraph' reports that the British government is concerned about a «shocking increase» in extremist activity and officials are being deputed to identify the most dangerous extremists from overseas so they can be added to visa warning lists. Under the new plans, those on the list will be automatically refused entry to the UK. The revelation comes days after British Prime Minister Rishi Sunak delivered an impassioned speech from the podium at 10 Downing Street in London, warning that the country's democratic and multi-faith values were under threat by extremists.

Benjamin Netanyahu, according to an Israeli official, in a sign of widening cracks in Israel's wartime government nearly five months into its war with Hamas. The trip by Benny Gantz, a centrist political rival who joined Netanyahu’s hard-line government in the early days of the war following Hamas' Oct. 7 attack on southern Israel, comes amid deep disagreements between Netanyahu and President Joe Biden over how to alleviate the suffering of Palestinians in Gaza and create a post-war vision for the enclave.

JERUSALEM (Reuters) — The Israeli military said on Sunday it intensified operations in the southern Gaza city of Khan Younis, destroying dozens of Hamas targets in a blitz of air and artillery strikes.

Cairo as soon as Sunday and search for a formula acceptable to Israel and Hamas for a lasting ceasefire in Gaza, sources with knowledge of the talks said, after foreign governments resorted to airdrops to aid desperate civilians in the Palestinian enclave. Israeli and Hamas delegations were expected to arrive in Cairo on Sunday, two Egyptian security sources said, although another source briefed on the talks said Israel would not send a delegation until it got a full list of hostages who are still alive.

CAIRO (Reuters) — The Houthi Transport Ministry in Yemen said on Saturday there had been a «glitch» in undersea communication cables in the Red Sea as a result of actions by U.S. and British naval vessels.

By Nidal al-Mughrabi

Israel has broadly accepted a deal for a six-week Gaza ceasefire and it is now up to Hamas to agree to release the most vulnerable hostages for the deal to take effect, a senior US official said Saturday. «There's a framework deal. The Israelis have more or less accepted it,» the Biden administration official told reporters on a call, speaking on condition of anonymity.

By Ahmed Mohamed Hassan and Nidal al-Mughrabi

By Idrees Ali and Phil Stewart

UN convoy attacked by Israeli forces while entering Gaza strip “In the coming days we’re going to join with our friends in Jordan and others who are providing airdrops of additional food and supplies" and will "seek to open up other avenues in, including possibly a marine corridor," Biden said. The president twice referred to airdrops to help Ukraine, but White House officials clarified that he was referring to Gaza. Israel said many of the dead were trampled in a stampede linked to the chaos and that its troops fired at some in the crowd who they believed moved toward them in a threatening way.

By Simon Lewis, Humeyra Pamuk and Jonathan Landay

By Phil Stewart, Idrees Ali and Nandita Bose

Palestinians injured in a Gaza aid delivery disaster said on Friday that Israeli forces shot them as they rushed to get food for their families, describing a scene of terror and chaos. Health authorities in Hamas-run Gaza said 115 people were killed in the incident on Thursday, attributing the deaths to Israeli fire and calling it a massacre.

President Joe Biden announced the initiation of US airdrops of humanitarian assistance into Gaza, stating that they will commence «very soon,» CNN reported. The decision comes in the wake of Biden's commitment to airdrop food aid to the people of Gaza, with a determination to deploy every available resource to ensure additional supplies reach the region.

President Joe Biden on Friday said his government would start to deliver relief supplies from the air into the troubled area. The news comes a day after over 100 Palestinians died at an aid convoy. "We need to do more, and the United States will do more," Biden said and further added “In the coming days we're going to join with our friends in Jordan and others in providing air drops of additional food and supplies.".

political turmoil, numerous voices have advocated for boycotting products, services, brands and even nations as a mark of protest. Take the BDS — boycott, divestment, sanctions — movement, which wants to pressure Israel to change its policies towards Palestinians through various forms of economic and political actions. It first gained international attention in the early 2000s. It has targeted global business entities such as Nestle, Burger King, Disney, Siemens, HP, Puma, Carrefour and others for supporting Israel, covertly or overtly. Many governments have also taken this route. Last year, Turkish parliament withdrew Coca-Cola and Nestle products from restaurants in parliament for supporting Israel. India has done things more subtly. It used BJP's social media arm to mobilise people to boycott Chinese products after border skirmishes, and to boycott the Maldives as a tourist destination after a minister made uncharitable remarks about India.

MILAN is an India-hosted biennial multi-national naval exercise that originated in 1995. The exercise aims to enhance cooperation and interoperability among the navies of diverse participating countries.