Palestine Financial News
13.07 / 16:47
13.07 / 12:32
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Argentina designates Hamas a terrorist group in show of support for Israel
Argentina designated Hamas a terrorist organisation on Friday and ordered a freeze on the financial assets of the Palestinian group, a largely symbolic move as President Javier Milei seeks to align Argentina strongly with the US and Israel. Announcing the decision, Milei's office cited the militant Palestinian group's cross-border attack on Israel last October 7 that killed some 1,200 people and took 250 others hostage, in the deadliest assault in Israel's 76-year history. The statement also mentioned Hamas' close ties to Iran, which Argentina blames for two deadly militant attacks on Jewish sites in the country. The move comes just days before the 30th anniversary of one of those attacks, the 1994 bombing of a Jewish community centre in Buenos Aires. It killed 85 people and wounded hundreds more in the worst such attack in Argentina's modern history.
13.07 / 08:12
Reuters
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Hamas accepts US proposal on talks over Israeli hostages, Hamas source says
Hamas has accepted a U.S. proposal to begin talks on releasing Israeli hostages, including soldiers and men, 16 days after the first phase of an agreement aimed at ending the Gaza war, a senior Hamas source told Reuters on Saturday. The militant Islamist group has dropped a demand that Israel first commit to a permanent ceasefire before signing the agreement, and would allow negotiations to achieve that throughout the six-week first phase, the source told Reuters on condition of anonymity because the talks are private.
13.07 / 07:41
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Israeli strikes kill 16 at school housing displaced Gazans, health officials say
Al-Nuseirat in central Gaza on Saturday, the territory's health ministry and the official Palestinian news agency said. The Israeli military said it was looking into the report. The health ministry said the attack on the school killed at least 16 people and wounded more than 50.
13.07 / 07:20
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Israeli strikes kill 6 in Gaza, including kids and UN worker, as truce talks show signs of progress
Gaza, including two children at a home and at least one United Nations worker, Palestinian hospital officials and first responders said, even as stalled cease-fire talks between Israel and Hamas show signs of renewed momentum. Four out of every five people in Gaza — nearly 2 million Palestinians — have been driven into the territory's center by expanding Israeli military offensives and evacuation orders, the army estimated earlier this week. Civilians are taking shelter in makeshift tent camps and crowded urban areas, and many have been displaced multiple times. Violence also flared Friday in the occupied West Bank, where Israeli forces killed seven people in a raid and an airstrike, according to Palestinian health officials. And on the Israel-Lebanon border, rockets fired by militant group Hezbollah lightly wounded two Israeli soldiers, the army said, as concerns grow that these low-level clashes could escalate into a wider regional war.
13.07 / 05:51
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Pagers and drones: How Hezbollah aims to counter Israel's high-tech surveillance
Hezbollah, has been using some low-tech strategies to try to evade its foe's sophisticated surveillance technology, informed sources told Reuters. It has also been using its own tech — drones — to study and attack Israel's intelligence gathering capabilities in what Hezbollah's leader, Sayyed Hassan Nasrallah, has described as a strategy of «blinding» Israel. The sides have been trading fire since Hezbollah's Palestinian ally in the Gaza Strip, Hamas, went to war with Israel in October. While the fighting on Lebanon's southern border has remained relatively contained, stepped-up attacks in recent weeks have intensified concern it could spiral into a full-scale war.
13.07 / 04:57
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Hamas clears the way for a possible cease-fire after dropping key demand, officials say
Hamas has given initial approval for a US-backed proposal for a phased cease-fire deal in Gaza, dropping a key demand that Israel gives an up-front commitment for a complete end to the war, a Hamas and an Egyptian official said Saturday. The apparent compromise by the militant group — which controlled Gaza before triggering the war with an October 7 attack on Israel — could help deliver the first pause in fighting since last November and set the stage for further talks on ending a devastating nine-month war. But all sides cautioned that a deal is still not guaranteed. The two officials, who spoke on conditions of anonymity to discuss the ongoing negotiations, said Washington's phased deal will first include a «full and complete» six-week cease-fire that would see the release of a number of hostages, including women, the elderly and the wounded, in exchange for the release of hundreds of Palestinian prisoners.
13.07 / 04:56
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Israel deepens its operation in Gaza City, as pockets of militancy continue to dog the military
Israeli forces deepened an operation in the Gaza Strip's largest city in what the military said was meant to weed out militants, sending thousands of Palestinians fleeing on Monday from an area already ravaged in the early weeks of the nine-month-long war. The incursion into the eastern part of Gaza City expands Israel's engagement in the northern part of the beleaguered territory, an area Israel said it had seized control of months ago yet which has seen pockets of militant resurgence that have scaled back Israeli military gains and drawn forces back into such operations. Israel had ordered evacuations in the area before the raid was launched, the military said. Heavy fighting in the area in the initial weeks of the war all but emptied out Gaza City and its environs, and the Israeli military has prevented most people from returning to their homes there. But several hundred thousands of Palestinians remain in the area, living in the shells of their homes or shelters. The fresh fighting meant new displacement for many residents there.
12.07 / 23:54
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Israel defence minister says '60 percent' of Hamas dead or wounded
Israel's Defence Minister Yoav Gallant said Wednesday that 60 percent of Hamas fighters had been «eliminated or wounded» in the Gaza war since the militant group's October 7 attacks. Gallant reaffirmed in a statement to parliament on the first nine months of the conflict that Israel was «determined» to meet its war goals of eradicating Hamas and bringing all hostages back from Gaza. The minister praised Israeli soldiers for «performing their work with dedication, sacrifice and success» and said «the achievements are many».
12.07 / 16:24
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Deadly strikes hit Gaza as war enters tenth month
Israel carried out deadly air strikes in the Gaza Strip as the war entered its tenth month on Sunday, with fighting raging across the Palestinian territory and fresh diplomatic efforts under way to halt the violence. Israel has said it will send a delegation in the coming days to continue truce talks with Qatari mediators that began recently in Doha. But Prime Minister Benjamin Netanyahu's spokesman said «gaps» remained with Hamas on how to secure a ceasefire and hostage release deal.
30.06 / 17:35
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VHP holds protest against Owaisi's 'Jai Palestine' slogan at Delhi's Jantar Mantar
Vishva Hindu Parishad (VHP) staged a protest against AIMIM MP Asaduddin Owaisi for his "Jai Palestine" slogan during the swearing-in ceremony in the Lok Sabha. The VHP said Owaisi's slogan displayed «allegiance to a foreign nation» while taking oath as an MP in Parliament.
30.06 / 10:05
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The postwar vision that sees Gaza sliced into security zones
As Israel prepares to wind down major military operations in Gaza, one question looms large: What happens next? A plan that is gaining currency in the government and military envisions creating geographical “islands" or “bubbles" where Palestinians who are unconnected to Hamas can live in temporary shelter while the Israeli military mops up remaining insurgents. Other members of Prime Minister Benjamin Netanyahu’s Likud party are backing another, security-focused plan that seeks to slice up Gaza with two corridors running across its width and a fortified perimeter that would allow Israel’s military to mount raids when it deems them necessary.
29.06 / 09:57
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Kahneman left this world, leaving behind his legacy of insights – that can make you a better investor!
“During World War II, a Jewish child feared being caught out past curfew by a German soldier. Instead, the soldier showed unexpected kindness, giving the child a hug, showing a photo of a kid, and offering him some money. This encounter taught this child that people are complex and interesting” This child was none other than Kahneman, whose fascination with human behaviour and psychology was sparked by his own experiences. Almost anyone who has ever heard the word ‘behavioural finance or economics’ might have heard about or read about ‘Daniel Kahneman’, the famous Nobel prize winner for his stupendous work in the space of uncovering cognitive biases of humans among financial decision making.
29.06 / 02:47
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US has sent Israel thousands of 2,000-pound bombs since Oct. 7
Israel large numbers of munitions, including more than 10,000 highly destructive 2,000-pound bombs and thousands of Hellfire missiles, since the start of the war in Gaza, said two U.S. officials briefed on an updated list of weapons shipments. Between the war's start last October and recent days, the United States has transferred at least 14,000 of the MK-84 2,000-pound bombs, 6,500 500-pound bombs, 3,000 Hellfire precision-guided air-to-ground missiles, 1,000 bunker-buster bombs, 2,600 air-dropped small-diameter bombs, and other munitions, according to the officials, who were not authorized to speak publicly. While the officials didn't give a timeline for the shipments, the totals suggest there has been no significant drop-off in U.S. military support for its ally, despite international calls to limit weapons supplies and a recent administration decision to pause a shipment of powerful bombs.
28.06 / 07:13
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"Not for the first time..." Asaduddin Owaisi on alleged attack at his residence
AIMIM (All India Majlis-e-Ittehadul Muslimeen) Chief Asaduddin Owaisi on Friday criticized the Central government and Delhi Police for their response to the alleged vandalism at his residence. On the alleged attack at his residence on Friday, Assaduddin Owaisi said, «It has not happened for the first time. Things like this are happening because the Narendra Modi government and the PM himself have radicalised such people. When the PM himself says that Muslims are infiltrators and identify them by their attires, it gives courage to such people». «They put the flag of Israel on my home which shows these people believe in zionist ideology, an ideology that killed 40,000 people and left 12 lakh people homeless in Gaza,» he added.
28.06 / 02:55
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US targets petrol tankers over Iran nuclear 'escalation'
shipping companies for transporting Iranian oil, saying it was a response to Tehran's nuclear «escalation,» on the eve of presidential elections in the Islamic republic. «Over the past month, Iran has announced steps to further expand its nuclear program in ways that have no credible peaceful purpose,» Secretary of State Antony Blinken said in a statement.
27.06 / 17:03
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NTSB derailment investigation renews concerns about detectors, tank cars and Norfolk Southern
The National Transportation Safety Board’s daylong hearing on a 2023 Ohio train derailment near the Pennsylvania border is giving stakeholders plenty to think about
27.06 / 15:39
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The Latest | Families bid a tearful goodbye as 21 critically ill children are set to leave Gaza
Families bid a tearful goodbye as 21 critically ill children are set to exit Gaza for treatment abroad
26.06 / 16:59
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Canada orders deportation of ex-employee of Hamas-linked aid group
ruled the 45-year-old’s employment made her a “member” of IRFAN-Canada, which it said had engaged in terrorism.She has appealed the Jan. 12 decision to the Federal Court.Canadian authorities stripped IRFAN-Canada of its charity status in 2011 after federal auditors found it had sent $14.6 million to groups “associated with Hamas.”The Canada Revenue Agency also said videos found at the group’s office near Toronto glorified “martyrdom” and portrayed the Palestinian conflict as a religious war.In 2014, the government placed IRFAN-Canada on its list of terrorist entities for using its “status as a charitable organization to fund Hamas.”Before arriving in Toronto from Venezuela in 2016 and claiming refugee status, Sarassra worked part-time for IRFAN-Canada in the West Bank city of Bethlehem.Her role was to distribute money to children whose fathers had died.
26.06 / 16:07
26.06 / 16:07
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Gunfire, lawlessness and gang-like looters are preventing aid distribution in Gaza, an official says
A U.S. aid official says thousands of tons of food, medicines and other aid piled up on a Gaza beach isn’t reaching those in need because of a dire security situation on the groun
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