Palestine Financial News

Netanyahu on Sunday vowed to achieve victory and said his country's military «completely transformed reality» in the year since Hamas's October 7 attack, which has left the country fighting two wars. Netanyahu told troops Israel «will win» as it battles militants in both the Gaza Strip and Lebanon and prepares to strike Iran, almost a year since the unprecedented attack by Palestinian Hamas militants sparked the Gaza war. Israel's army chief, Lieutenant General Herzi Halevi said that, one year on, «we have defeated the military wing of Hamas».

Israel's military campaign to eradicate Hamas in retaliation for the October 7 attack has weakened it by killing several of its leaders and thousands of fighters, and by reducing swaths of the territory it rules to rubble. But the Palestinian militant group has not been crushed outright, and a year on from its unprecedented attack on Israel, an end to its hold over Gaza remains elusive. Hamas sparked the Gaza war by sending hundreds of fighters across the border into Israel on October 7, 2023, to attack communities in the south.

Iran launched a barrage of missiles at Israel, it warned Iran of consequences with Prime Minister Benjamin Netanyahu saying that Iran would «pay for the attack». Some analysts said Israel's response would likely be sharper this time, suggesting it could target Iran's nuclear or oil facilities. The US, meanwhile, is pushing for a measured Israeli response to avoid a broader regional war, but its influence may be limited in shaping Israel's next steps. This latest round of hostilities threatens to expand far beyond the Israel-Palestine struggle, pulling in regional powers like Iran, and sparking fears of a full-scale war across the Middle East. US President Joe Biden has said that he would not support an attack by Israel on Iranian nuclear sites in retaliation for Tehran's firing of missiles at Israeli cities. «The answer is no,» Biden said on Wednesday, when asked if he would support such retaliation after Iran fired missiles at Israel.

Sam is a financial journalist with a focus on cryptocurrency market news, based in London. With a Master’s Degree in Development Management from the London School of Economics, Sam’s passion for...

A year of war in the Gaza Strip has reverberated across the West Bank, where the World Bank warns the economy is at risk of collapse because of Israeli restrictions barring Palestinian laborers from entering the country to work and the biggest wave of ...

Narendra Modi and Benjamin Netanyahu on Monday. Peace isn't just the right choice but the smart one for Israel — and Netanyahu. Hamas will have to release all remaining hostages and bodies of those who died in captivity.

Iran's Ambassador to India, Dr Iraj Elahi, condemned Israel's classification of Hezbollah as a terrorist organisation, calling it a pretext for «massacre, bloodshed, and attacks on innocent civilians.» Elahi also emphasised that Hezbollah is a political party and not a terrorist group. The remarks by Elahi came on the death of Hezbollah leader Hassan Nasrallah in a strike carried out by Israel. While speaking with ANI, Elahi described the death of Nasrallah as a «big loss for all human beings in the world.» He said, «The martyrdom of Hassan Nasrallah as a great leader, great politician of Lebanon and well-known man in the world is not a small thing. It's a big loss for all human beings, not just for Muslims, not just for Shias, not just for Lebanese, for all our Arabs. It is a loss for all people in the world.»

Settlement checks related to Norfolk Southern’s disastrous 2023 derailment could be delayed up to two years now because an appeal of a federal judge’s decision last week to approve the $600 million deal has been filed

Seyed Abbas Araghchi has called for an emergency meeting of the Organization of Islamic Cooperation (OIC) in response to recent Israeli attacks. According to a statement released by Iran's foreign ministry on Sunday, Araghchi made the appeal during a meeting with OIC Secretary General Hissein Brahim Taha in New York on Saturday. As per the official statement, Araghchi emphasised the responsibility of Muslim nations to respond to what he described as the «inhumane crimes» committed by Israel in Palestine and Lebanon. He condemned the recent Israeli airstrikes on Beirut, particularly those targeting densely populated areas with large bunker buster bombs, labelling them as crimes against humanity. He also criticised the inaction of international bodies like the UN Security Council and highlighted the political and military support Israel receives from the United States.

Mehbooba Mufti, questioning her 'empathy' over the killing of the top Hezbollah leader Hassan Nasrallah, and termed it «crocodile tears». This came following Mufti cancelling her election campaign on Sunday for the third phase of the assembly polls in Jammu and Kashmir in «solidarity with the martyrs of Lebanon and Gaza, especially Hassan Nasarullah.» The former J-K Deputy Chief Minister further questioned the PDP chief on her silence on the «attacks and killings» of Hindus in Bangladesh and said that one should speak on the «lines of humanity.»

Hezbollah leader Hassan Nasrallah have left the Iran-backed group at a crossroads. Confirmed by Hezbollah, Nasrallah led the organization for 32 years before his death on Friday. This event poses a significant challenge for the group as it seeks to select a new leader after facing the most intense military pressure in its 42-year history.

Palestinian state and its institutions, and prepare for a future after the war in Gaza and escalating conflict in Lebanon, Norway’s foreign minister said Friday. Espen Barth Eide told The Associated Press that “there is a growing consensus in the international community from Western countries, from Arab countries, from the Global South, that we need to establish a Palestinian Authority, a Palestinian government, a Palestinian state — and the Palestinian state has to be recognized.” Eide said many issues need to be addressed, including the security interests of Israel and the Palestinians, recognition and normalization of relations after decades of conflict and the demobilization of Hamas as a military group.

Hamas said on Saturday it mourned Lebanon's Hezbollah leader Sayyed Hassan Nasrallah following his killing in an Israeli airstrike, saying his death would only fuel the fight against Israel. «Crimes and assassination by the occupation will only increase the determination and the insistence of the resistance in Palestine and Lebanon to go forward with all their might, bravery and pride on the footsteps of the martyrs...and pursue the path of resistance until victory and the dismissal of the occupation,» Hamas said in a statement. His death marks a heavy blow to Hezbollah as it reels from an escalating campaign of Israeli attacks. It is also a huge blow to Iran, given the major role he has played in the Tehran-backed regional "Axis of Resistance."

Hezbollah group confirmed on Saturday that its leader and one of its founders, Hassan Nasrallah, was killed in an Israeli airstrike in Beirut the previous day. A statement Saturday said Nasrallah «has joined his fellow martyrs.» Hezbollah vowed to «continue the holy war against the enemy and in support of Palestine.» Nasrallah, who led Hezbollah for more than three decades, is by far the most powerful target to be killed by Israel in weeks of intensified fighting with Hezbollah. The Israeli military said it carried out a precise airstrike on Friday while Hezbollah leadership met at their headquarters in Dahiyeh, south of Beirut.

trade unions filed a complaint on Friday against Israel with the International Labour Organization, alleging that its treatment of Palestinian workers since the Gaza war began had breached a global treaty. Criticism of Israel's treatment of Palestinian workers, under scrutiny for decades, has increased at the Geneva-based U.N. labour body since the war started on Oct. 7. The complaint summarised in a statement sent to journalists focuses on Israel's exclusion of some 200,000 Palestinian migrant workers, which Israel justifies on security grounds. It claims unpaid wages and other compensation for them and other Palestinian workers which the unions say could amount to billions of dollars.

Jhumpa Lahiri has declined to accept an award from the Noguchi Museum in Queens in protest after it fired three employees who had worn kaffiyehs in solidarity with Palestinians in Gaza. «Jhumpa Lahiri has chosen to withdraw her acceptance of the 2024 Isamu Noguchi Award in response to our updated dress code policy,» the museum said in a statement on Wednesday. «We respect her perspective and understand that this policy may or may not align with everyone's views,» The New York Times cited the statement as saying of Lahiri. «We remain committed to our core mission of advancing the understanding and appreciation of Isamu Noguchi's art and legacy while upholding our values of inclusivity and openness.»

A federal judge has approved a $600 million class-action settlement involving last year's disastrous derailment in East Palestine, Ohio

An evacuation order remains in effect for residents in an Ohio community as crews work at the scene of a dangerous chemical leak

The way the Environmental Protection Agency has reported its test results since the disastrous East Palestine, Ohio, train derailment last year makes it hard for residents to know the full extent of the contamination they have been exposed to that they...

conflict between Israel and Hezbollah grabs global attention, Palestinians in Gaza wonder: What will become of their plight after nearly a year of devastating war? They are petrified that international concern has been diverted, and that a dark possibility looms: abandonment. The families of Israeli hostages held in Gaza have the same worry. Nezar Zaqout, one of some 1.9 million Palestinians forced to flee their homes since the Israel-Hamas war broke out, said he fears the fighting across the Israel-Lebanon border will overtake interest in the abysmal living conditions in Gaza and efforts to negotiate a cease-fire.

Subscribe to enjoy similar stories. AFTER ALMOST 300 days, planning for the end of the fighting in Gaza is beginning to seem otherworldly. Politicians and generals have been talking about what might happen when the shooting stops since the start of the war in October.