Israel Financial News

India supports ‘Two-State solution’ for Israel and Palestine at UN Kamboj asserted that terrorism stands in direct opposition to the culture of peace, and added, “It sows discord, breeds hostility, and undermines the universal values of respect and harmony that underpin cultural and religious traditions worldwide". Kamboj emphasised on the need for constructive dialogue and urged alignment with principles of respect and diplomacy.

Palestinian journalists covering the conflict in Gaza have been announced as the laureates of the 2024 UNESCO/Guillermo Cano World Press Freedom Prize. This prestigious award follows the recommendation of an International Jury of media professionals. The Award Ceremony is scheduled to take place on 2 May in the margins of the World Press Freedom Conference in Santiago, Chile.

Iran and Russia are working on CBDC and “digital financial asset” (DFA)-powered trade solutions, an Iranian official has confirmed.

Turkey has announced that it is suspending all imports and exports to Israel over its ongoing military action in Gaza

₹6,617 per barrel on the multi commodity exchange (MCX). -On Wednesday, crude oil prices fell more than three per cent to a seven-week low after the US Federal Reserve kept interest rates steady and warned of stubborn inflation, which could curtail economic growth this year and limit oil demand increases.

Hamas chief Ismail Haniyeh discussed the ongoing Gaza ceasefire talks in separate phone calls with Egypt's intelligence chief Abbas Kamel and Qatar's Prime Minister and Foreign Minister Mohammed bin Abdulrahman Al Thani. A statement by the Palestinian Islamist group on Thursday said a delegation is set to visit Egypt soon for further ceasefire talks in the Gaza war. The statement added that Haniyeh had affirmed the group's «positive spirit in studying the ceasefire proposal» in the phone call with Egypt's Kamel.

Omar Wasow teaches political science at the University of California, Berkeley. Speaking to Srijana Mitra Das, he discusses the past — and future — of movements encompassing America’s current protests: Q. What is the core of your research? A. I’ve studied American protests of the 1960s, particularly civil rights protests which used some of the techniques of noncooperation that were central to the Indian independence movement. I’ve found non-violent protests were effective in increasing support to civil rights for African-Americans — this was particularly so when non-violent protests were met with state violence. That tended to generate sympathetic media attention. When protesters used violent tactics, that generated negative media, growing the coalition of voters opposed to civil rights. Q. We are in an era of polycrises now — what are the most important political movements you’re observing? A. Right now, in the US, we’re seeing protests in opposition to the Israel-Hamas war, also described as pro-Palestinian movements. Alongside, we’ve had globally sustained waves against climate change and pro-democracy movements.

Also Read: India's oil import bill could rise to $101-104 billion in FY25, says ICRA report Additionally, the EIA reported a notable rise in US crude oil production to 13.15 million barrels per day in February, up from 12.58 million bpd in the previous month. This marks the most significant monthly increase in almost three-and-a-half years. In just two sessions in May, both Brent and Crude futures experienced a 5% decline.

Law enforcement officers gathered in large numbers on Wednesday evening at the University of California, Los Angeles (UCLA) to disperse a pro-Palestinian protest camp attacked the previous night by pro-Israel supporters.

After weeks of nonstop coverage of destruction and death across the Gaza Strip, media across the wider Middle East has latched onto the demonstrations roiling American university campuses over the Israel-Hamas war

India supports ‘Two-State solution’ for Israel and Palestine at UN The sight of helmeted police at two of America's most prestigious universities left some students dismayed. "I don't think we should have a heavy police force on campus," UCLA student Mark Torre, 22, told AFP as he surveyed the scene from behind metal barriers. "But more and more, day by day, I think it's a necessary evil, to at least keep safety on campus." After Columbia, police arrests over 280 demonstrators from UCLA At Columbia and at the City University of New York, where police cleared demonstrators out overnight, some students decried "rough and aggressive" tactics used by officers.

State Comptroller Matanyahu Englman called on the country's Prime Minister and military chief of staff to cooperate with his office's probe into the failures of October 7 in separate letters sent on Wednesday. «My public and ethical duty as the state auditor is to carry out a comprehensive audit of the biggest failure in the history of the state, the Simchat Torah massacre on October 7,» Englman wrote in a letter to Israel Defense Forces Chief of Staff Lt.-Gen. Herzi Halevi.

UCLA, hours after police arrested activists who occupied a building at Columbia University and cleared a tent city from its campus. Eyewitness videos from the University of California at Los Angeles, verified by Reuters, showed people wielding sticks or poles to hammer on wooden boards being used as makeshift barricades to protect the pro-Palestinian protesters before police were called to the campus.

Israel reopened the Erez Crossing with Gaza for the first time since October 7 with the passage of 30 trucks delivering food and medical supplies from Jordan to the northern area of the Strip. It is the only crossing located on Gaza's northern border. Before the war, it served as the only crossing point for pedestrian traffic. Before the attacks of October 7, it was primarily used by international personnel such as diplomats, aid workers, and journalists and also Palestinians with work or medical permits, while trucks used the Kerem Shalom crossing at the southern end of the Strip.

₹6,622 per barrel on the multi commodity exchange (MCX). In other energy markets, U.S. diesel futures were on track to close at their lowest since July 2023, while U.S.

Washington Post, over 1,600 people arrested at pro-Palestine campus protests in the past two weeks, out of which 282 arrests were made on Tuesday night at Columbia University and City College New York. On Wednesday, New York Police Department Commissioner Edward Caban said that over 280 protesters at Columbia University and the City College of New York.

Blinken reiterated US opposition to an Israeli assault on the crowded Gaza city of Rafah in talks Wednesday with Prime Minister Benjamin Netanyahu, who has vowed to press ahead, a US official said. Blinken «reiterated the United States' clear position on Rafah,» State Department spokesman Matthew Miller said, two days after Blinken again voiced opposition to an assault over concerns for the safety of civilians sheltering in the southern Gaza city. Blinken, on his seventh trip to the Middle East since the October 7 Hamas attack on Israel, met Netanyahu for two and a half hours at his Jerusalem office, first alone and then with aides.

Violent clashes erupted on Wednesday on the campus of the University of California in Los Angeles (UCLA) between pro-Palestinian protesters and a group of counter-demonstrators, according to live video coverage provided by a U.S. broadcaster. The UCLA student newspaper Daily Bruin said supporters of Israel had tried to tear down a pro-Palestinian protest encampment on the campus Police were responding to UCLA Chancellor Gene Block's request for support, Zach Seidl, Los Angeles Deputy Mayor of Communications, said on X.

Gold rate today: Ahead of the US Fed meeting outcome, gold prices across work have come under pressure. On the Multi Commodity Exchange (MCX), gold rates for the June 2024 expiry ended yesterday at ₹70,466 per 10 gm level, around ₹3,500 below its lifetime high of ₹73,958 level, which it had climbed on 12th April 2024.

Benjamin Netanyahu pledged Tuesday to launch an incursion into the southern Gaza city of Rafah, where hundreds of thousands of Palestinians are sheltering from the almost 7-month-long war, just as cease-fire negotiations between Israel and Hamas appear to be gaining steam. Netanyahu's comments came hours before U.S. Secretary of State Antony Blinken was to arrive in Israel to advance the truce talks — which appear to be one of the most serious rounds of negotiations between Israel and Hamas since the war began. The deal is meant to free hostages, bring some relief to the population and avert an Israeli offensive into Rafah and the potential harm to civilians there. Netanyahu said Israel would enter Rafah, which Israel says is Hamas' last stronghold, regardless of whether a truce-for-hostages deal is struck. His comments appeared to be meant to appease his nationalist governing partners but it was not clear whether they would have any bearing on any emerging deal with Hamas.

New York City police officers began entering the Columbia University late Tuesday as dozens of pro-Palestinian protesters remained on the campus. Shortly before officers entered the campus, the New York Police Department received a notice from Columbia authorising officers to take action, a law enforcement official told The Associated Press. The official was not authorised to discuss details of the matter publicly and spoke on condition of anonymity. After entering the campus, a contingent of police officers approached Hamilton Hall, the administration building that students began occupying in the morning.