Israel Financial News

Gaza said on Saturday that acute malnutrition was accelerating in the north of the Palestinian enclave as Israel prepared to send a delegation to Qatar for new ceasefire talks on a hostage deal with Hamas. The United Nations Relief and Works Agency for Palestine Refugees (UNRWA) said one in three children under the age of two in northern Gaza is now acutely malnourished, putting more pressure on Israel over the looming famine.

Israel-Gaza war: At least 20 people killed, 155 injured in shelling while awaiting food aid in Gaza, says report On Friday, Israel said it would send a delegation to Qatar for more talks with mediators after its enemy Hamas presented a new proposal for a ceasefire with an exchange of hostages and prisoners. The delegation will be led by the head of Israel's Mossad intelligence agency, David Barnea, a source familiar with the talks said, with Prime Minister Benjamin Netanyahu seeking to convene his security cabinet to discuss the proposal before the talks start.

By Andrew Mills and Maayan Lubell

Palestinians in Gaza held the first Friday prayers of Ramadan outside the ruins of a mosque levelled in Israel's offensive, one of hundreds the Hamas-run authorities say have been damaged or destroyed in Israeli attacks since October. Scores of worshippers knelt in rows in the street by the wreckage of the al-Farouk mosque in Rafah, laying out their prayer mats in the shadow of a white minaret marking all that remains of the otherwise flattened building.

Hamas under attack in Gaza, the head of Iran's Quds Force visited Beirut in February to discuss the risk posed if Israel next aims at Lebanon's Hezbollah, an offensive that could severely hurt Tehran's main regional partner, seven sources said. In Beirut, Quds chief Esmail Qaani met Hezbollah leader Sayyed Hassan Nasrallah, the sources said, for at least the third time since Hamas' deadly Oct. 7 attacks on southern Israel and Israel's devastating retaliatory assault on Gaza. The conversation turned to the possibility of a full Israeli offensive to its north, in Lebanon, the sources said. As well as damaging the Shi'ite Islamist group, such an escalation could pressure Iran to react more forcefully than it has so far since Oct. 7, three of the sources, Iranians within the inner circle of power, said.

Investing.com-- Oil prices fell slightly from four-month highs in Asian trade on Friday, seeing some profit-taking and pressure from the dollar as hotter-than-expected U.S. inflation data pushed up fears of a more hawkish Federal Reserve. 

Gaza." According to eyewitnesses, the area was struck by what sounded like artillery fire or a tank. In a statement on Thursday, Gaza Civil Defense Spokesman Mahmoud Basal accused Israel of being responsible for the attack, CNN reported.

Israel and Islamist militant group Hamas. Palestinian leaders hope he could now emerge as a unifying figure as he prepares to rebuild the enclave after five months of Israeli bombardment since the Hamas attack on Israel on Oct. 7.

(Reuters) -Palestinian President Mahmoud Abbas named Mohammad Mustafa, an ally and leading business figure as prime minister with a mandate to help reform the Palestinian Authority (PA), the state-run WAFA news agency said on Thursday.

Earlier this week, a tweet from Indian governments through MyGovIndia went viral on X. The tweet with text — What's wrong with India? — has so far got 2 million views. The tweet highlighted India's recent accomplishments, including the eradication of extreme poverty, the lunar landing achievement, recognition for economic growth from the IMF chief, and advancements in digital infrastructure.

Investing.com-- Oil prices rose slightly in Asian trade on Thursday, staying near four-month highs after a substantial draw in U.S. gasoline inventories and debilitating attacks on a key Russian fuel refinery pointed to tighter fuel supplies. 

By Andrea Shalal and Nandita Bose

Citizenship Amendment Act seeks to grant citizenship to undocumented non-Muslim migrants from Pakistan, Bangladesh and Afghanistan who came to India before December 31, 2014. Sharing Abhinav's viral video on CAA, Rajya Sabha MP and Shiv Sena (UBT) leader Priyanka Chaturvedi in a post on X (formerly Twitter) said, "Do listen to Abhinav Chandrachud on not just CAA but also the constitutional gaps over the years on citizenship." Abhinav has argued that those not falling under the CAA, have to wait for 11 years to become an Indian citizen by naturalisation constitutionally, while those covered under the CAA get to be a citizen in 5 years. "This does not make any sense to me." "The residence requirement in India has been reduced by the Citizenship Amendment Act.

NEW DELHI : Tata Group aims to begin commercial production from India’s first semiconductor fabrication unit by 2026, an aggressive timeline considering the country’s long wait to become self-reliant in chips that power technology ranging from smartphones to defence systems. Tata Electronics Pvt. Ltd’s plant in Assam will begin with producing semiconductor chips starting at 28 nanometres, said N.

Donald Trump both clinched their parties' nomination on Tuesday, kicking off the first U.S. presidential election rematch in nearly 70 years. According to Edison Research, Joe Biden passed the necessary 1,968 delegates on Tuesday night as the results of the Georgia primary contest started to come in.

Investing.com-- Oil prices rose in Asian trade on Wednesday, buoyed by industry data showing an unexpected draw in U.S. inventories, while the OPEC also stuck to its forecast of strong demand growth in the coming years.

Israel’s Central Bank unveiled plans on March 11 to launch an interest-bearing Central Bank Digital Currency (CBDC), dubbed the “digital shekel”.

WASHINGTON (Reuters) — U.S. Senate Republican leader Mitch McConnell on Tuesday urged House of Representatives Speaker Mike Johnson to hold a vote on a $95 billion security assistance package for Ukraine, Israel and Taiwan.

By Nicole Jao

regional developments and the urgent need to address the issue of humanitarian assistance to Gaza which is facing catastrophic levels of food insecurity. ET has learnt that Doval tried to impress upon Netanyahu the need for an immediate ceasefire in the backdrop of Ramazan. NSA also referred to the need for a two-state solution to achieve a permanent and durable peace even as the two sides discussed stronger responses to terror attacks. They also discussed efforts to release hostages and the issue of humanitarian assistance. This was the first high-level visit from India to Israel since the October 7 terror attack.

United States is preparing a new military aid package for Ukraine that could be worth as much as $400 million, two U.S. officials told Reuters on Tuesday, the first such move in months as additional funds for Kyiv remain blocked by Republican leaders in Congress. The officials, speaking on condition of anonymity, said an announcement was expected later on Tuesday. One of the officials said that the funding for this package is from credits refunded to the Pentagon for recent purchases.