Palestine Financial News

Subscribe to enjoy similar stories. TEL AVIV—Israel’s parliament passed legislation to sever ties with the United Nations agency for Palestinian refugees, curtailing its ability to work in Gaza and the West Bank at a time when it is leading the humanitarian response to the war in Gaza. The laws passed late Monday effectively ban Unrwa—known formally as the United Nations Relief and Works Agency for Palestine Refugees in the Near East—from operating in Israeli territory and forbid Israeli state authorities from having contact with it.

Benjamin Netanyahu said he's open to a short truce in the country's war with Hamas that would lead to the release of a small number of the around 100 hostages still held by the militant group in Gaza. Netanyahu's remarks followed a meeting between his top negotiator and senior Qatari and US officials in Doha on Monday, aimed at reviving stalled cease-fire talks following Israel's killing of Hamas leader Yahya Sinwar this month. Discussions centered on a plan proposed by Egypt, one of the mediators between the warring sides. Egyptian President Abdel-Fattah El-Sisi on Sunday proposed a two-day suspension of hostilities and the freeing of four hostages in exchange for a number of Palestinians held in Israeli prisons.

Subscribe to enjoy similar stories. Treasury Secretary Janet Yellen warned that the West Bank’s economy could collapse if Israel doesn’t preserve its banking relationship with Palestinian financial institutions in the territory it occupies, highlighting another potential source of instability as Israel also fights foes in Gaza, Lebanon and Iran. In a letter to Prime Minister Benjamin Netanyahu, Yellen and several of her global counterparts urged the Israeli leader’s government to approve a waiver that would continue to allow Palestinian and Israeli banks to correspond.

Iron Beam". «The Ministry of Defence has signed a major deal worth approximately 2 billion shekels to significantly expand procurement of the laser interception systems, 'Iron Beam,',» a statement said. The system is aimed at improving the interception of drones and other projectiles, which Hezbollah in Lebanon has fired at Israel since the start of the war in Gaza in support of its Palestinian ally Hamas.

Israeli hostages for some Palestinian prisoners, the Times of Israel reported. This proposal, which includes an additional 10 days of negotiations following the release of the hostages, was presented to Israel's national security cabinet last week by Israeli Security Agency Shin Bet chief Ronen Bar, Times of Israel reported citing Channel 12. While most ministers and security officials supported the idea, Finance Minister Bezalel Smotrich and National Security Minister Itamar Ben Gvir opposed it.

Hamas leader Yahya Sinwar has ignited debate over who could govern war-ravaged Gaza as Israel presses its war in the Palestinian territory, vowing to eliminate the militants. Palestinians insist Gaza's future should be theirs to decide, rejecting any foreign intervention. But many in the international community are signalling a readiness to shape the territory's post-war future, even as a ceasefire remains elusive.

Microsoft has fired two employees who organized an unauthorized vigil at the company’s headquarters for Palestinians killed in Gaza during Israel’s yearlong war with Hamas

Gold prices edged up on Friday after recovering from a profit-taking bout as Middle East tensions and U.S. election jitters supported prices, while palladium prices extended gains to 10-month highs. Spot gold was up 0.2% at $2,741.50 per ounce by 01:44 p.m. ET (1744 GMT). Prices hit a record $2,758.37 on Wednesday and logged a third straight weekly gain.

Vikarm Misri is likely to brief the Shashi Tharoor-led parliamentary panel over the current situation in India-Canada relations and could also brief on recent developments regarding disengagement on LAC between India and China in the next meeting on November 6, sources said. Misri deposed before the parliamentary panel on external affairs on Friday to brief its members belonging from various political parties over the issue of Israel-Palestine conflict. He was accompanied by the senior officials of the External Affairs Ministry.

Israeli military strikes across the Gaza Strip have killed at least 72 people since Thursday night and Israeli forces launched a night-time raid on a hospital in the north of the enclave, Palestinian officials said. The Gaza health ministry said a strike on houses in the southern city of Khan Younis killed at least 38, many of them women and children. The Israeli military said its forces had killed a number of Palestinian gunmen in air and ground strikes in the southern Gaza Strip and dismantled military infrastructure.

All attention is focused on the high-stakes battle between US Vice President and Democratic nominee Kamala Harris and former President and Republican nominee Donald Trump on November 5.Vice President Kamala Harris delivered a sharp critique of her presidential opponent, former President Donald Trump, describing him as "unstable, dangerous, and unfit to serve" in the lead-up to the upcoming US elections. She made these statements during an interview with Fox News chief political anchor Bret Baier.With two weeks remaining in the presidential campaign, Democrat Kamala Harris is dedicating much of her time to bolstering support in the "blue wall" states of Pennsylvania, Michigan, and Wisconsin.

Subscribe to enjoy similar stories. A year into the war in Gaza, Israel is back at the site of its first battles and engaged in one of the most ferocious campaigns of the conflict, a do-over that offers a cautionary tale for its other war in Lebanon. Homed in on northern Gaza, Israel has issued evacuation orders for every town north of Gaza City and dispatched two new brigades, in what the military says is its latest attempt to eradicate Hamas from the enclave.

The Israeli army has accused six Al Jazeera journalists covering the war in Gaza of also being current or former paid fighters for Palestinian militant groups

Subscribe to enjoy similar stories. BE’ERI, Israel—Military success in the Gaza Strip is lending momentum to a once-fringe idea in Israel: reoccupying the Palestinian enclave and repopulating it with Jewish settlers. A year after the Oct.

United Nations agencies have long warned that it could take decades to rebuild Gaza after Israel's offensive against Hamas, one of the deadliest and most destructive military campaigns since World War II. Now, more than a year into the war, a new report speaks in terms of centuries. The U.N. Conference on Trade and Development said in a report released Monday that if the war ends tomorrow and Gaza returns to the status quo before Hamas' Oct. 7, 2023, attack on Israel, it could take 350 years for its battered economy to return to its precarious prewar level.

Railroad Norfolk Southern’s streamlined operations delivered strong earnings last quarter, even excluding boosts from insurance payouts related to the disastrous derailment in East Palestine and the sale of two rail lines

This initial consignment comprises 30 tons of essential items, including medicines, surgical supplies, dental products, general medical items, and high-energy biscuits, which will be distributed through the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA). Sharing a post on X, Randhir Jaiswal, the official spokesperson of the Ministry of External Affairs wrote, «India sends humanitarian assistance for the people of Palestine through UNRWA.»

BRICS Summit in Russia's Kazan, Russian President Vladimir Putin will hold meetings with Prime Minister Narendra Modi, Turkiye President Recep Tayyip Erdogan, Palestinian President Mahmoud Abbas, and UN Secretary-General Antonio Guterres, TASS reported citing the Russian president's foreign policy aide, Yury Ushakov. Speaking to reporters, Ushakov stated that the meetings will start on October 22. He said Putin will have a meeting with New Development Bank President Dilma Rousseff. Following his talks with Rousseff, Putin will hold a meeting with PM Modi and later with South African President Cyril Ramaphosa. Furthermore, Putin's meetings are also planned with Chinese counterpart Xi Jinping and Egyptian President Abdel Fattah al-Sisi, according to TASS report.

Antony Blinken headed to the Middle East on Monday to launch another push for an elusive ceasefire, seeking to revive negotiations to end the Gaza war and defuse the spillover conflict in Lebanon. Blinken's trip to the region is his 11th since the attack on Israel by the Palestinian militant group Hamas on Oct. 7, 2023, that triggered the Gaza war. It comes as Israel intensifies its military campaign against Iran-backed militants — Hamas in the Gaza Strip and Hezbollah in Lebanon. Israel carried out several strikes in Beirut's southern suburbs on Monday, including one near the Rafik Hariri University Hospital, the capital's main government hospital. Four people were killed, including a child, and 24 others were wounded, the health ministry said.

Harris' White House campaign, punching a 74-year-old man in the head and calling another man a «n- supporter» as he fled. In northern Michigan, an assailant enraged by his hatred of Donald Trump used an all-terrain vehicle to run over and injure an 81-year-old man who was putting up a yard sign for the former president's reelection bid. The recent attacks were among at least 300 cases of political violence identified by Reuters since Trump's supporters stormed the U.S. Capitol on Jan. 6, 2021, including at least 51 incidents this year. With just two weeks to go before the Nov. 5 presidential election, the cases are part of the biggest and most sustained increase in U.S. political violence since the 1970s.

Gaza on Saturday showing a picture of the dead Hamas chief Yahya Sinwar with the message that «Hamas will no longer rule Gaza», echoing language used by Israeli Prime Minister Benjamin Netanyahu. The move came as Israeli military strikes killed at least 32 people across the Gaza Strip and tightened a siege around hospitals in Jabalia in the north of the enclave, Palestinian health officials said. «Whoever drops the weapon and hands over the hostages will be allowed to leave and live in peace,» the leaflet, written in Arabic, read, according to residents of the southern city of Khan Younis and images circulating online.