Palestine Financial News

The US Financial Crimes Enforcement Network (FinCEN) is probing into the $165 million worth crypto transaction linked to Hamas, per Wall Street Journal.

Transportation Secretary Pete Buttigieg has reiterated his concerns about railroad safety and scolded the industry for not doing more to improve since last year's fiery Ohio derailment

With no end to fighting in sight, Palestinians in Gaza have begun fasting for the holy month of Ramadan as hunger worsens across the strip and pressure grows on Israel over the growing humanitarian crisis

Shortly after Israel launched its sweeping military operation in Gaza in response to Hamas’s Oct. 7 assault, Jake Sullivan, President Biden’s national security adviser, sat down for an hour-long private meeting at the White House with a group of Muslim and Arab-American leaders. They implored the administration to do more to protect Palestinian civilians in the Gaza, as well as the West Bank, where settler violence was escalating.

holy month of Ramadan, significant for Muslims, usually sees heightened tensions in the region. Clashes have historically erupted during this time, particularly in Jerusalem's Old City, a site sacred to Jews, Christians and Muslims.

FRANKFURT (Reuters) — Israel's Prime Minister Benjamin Netanyahu has told a German newspaper that at least 13,000 «terrorists» were among Palestinians killed during Israel's air and ground assault on Gaza.

By Sinan Abu Mayzer. Nidal al-Mughrabi. Bassam Masoud

US Army vessel carrying equipment for building a temporary pier in Gaza was on its way to the Mediterranean on Sunday, three days after US President Joe Biden announced plans to increase aid deliveries by sea to the besieged enclave where hundreds of thousands of Palestinians are going hungry. The new push for aid came in the final hours before the Muslim holy month of Ramadan, which could start as early as Sunday evening, depending on the sighting of a crescent moon. Hopes for a new cease-fire by Ramadan faded days ago with negotiations apparently stalled. The opening of the sea corridor, along with airdrops by the US, Jordan and others, showed growing alarm over Gaza's deadly humanitarian crisis and a new willingness to bypass Israeli control over land shipments. Israel said that it welcomed the sea deliveries and would inspect Gaza-bound cargo before it leaves a staging area in nearby Cyprus.

Israel and Hamas, the Islamist movement that controls Gaza. That 10-day conflict has been dwarfed by the current war, which is now in its sixth month. It began on Oct.

Joe Biden said Benjamin Netanyahu's approach to the war in Gaza was «hurting Israel more than helping Israel» in an interview aired Saturday, as the US leader's impatience with his Israeli counterpart grows increasingly visible. With Gaza's humanitarian crisis growing more dire and Biden's left flank in uproar, the US president made contradictory remarks as to the question of a «red line» over Israel's threatened offensive on Rafah in southern Gaza.

Biden also spoke on ceasefire talks and said that "hoping" for a deal on a six-week ceasefire by the Muslim holy month of Ramadan, which will start on March 10 or 11, depending on the lunar calendar. Israel remains committed to continuing its invasion and annihilating Hamas, which killed about 1,200 people in Israel and took about 250 hostages on Oct.

By Nidal al-Mughrabi and Bassam Masoud

Iran-backed Yemeni rebels into the Red Sea and Gulf of Aden on Saturday, the US military said. Shortly afterwards, the rebels claimed the attack, saying they had fired missiles at an «American» commercial ship and launched drones at US warships in «the Red Sea and Gulf of Aden». It was one of the Huthis' largest attacks since they began in November a campaign of drone and missile strikes against vessels in the Red Sea area, vital for world trade, in professed solidarity with Palestinians during Israel's war against Iran-backed Hamas militants in the Gaza Strip.

By Nidal al-Mughrabi and Michele Kambas

humanitarian aid airdrop fell on a group of men, teenagers and young kids because of a failure in the opening of the parachute. The parcel, containing food and essential items, fell like a rocket on the roof of a house near the al-Shati refugee camp, an eyewitness told the Guardian. The refuge camp is said to be known as one of the worst affected parts of Gaza because of the Israeli-airstrike.

Joe Biden announced in his State of the Union address the plans for providing aid to Gaza by sea, the Army's 7th Transportation Brigade and other units were scrambling to pull equipment together. They received their orders before the speech: Build a floating dock off the Gaza coast to provide food and other desperately needed assistance to residents of Gaza. The aid is needed because Israel has sharply restricted land routes into Gaza, slowing the flow of aid to a trickle. It's a complex operation, involving as many as 1,000 US troops, and it won't happen overnight. Air Force Maj. Gen. Pat Ryder, the Pentagon press secretary, told reporters it will take weeks for this to come together. Some officials say it will take about two months. And beyond the logistical challenges, the operation will depend on Israel's cooperation, which isn't assured. A look at what's known about the operation:

Israel in its “right to defend", has now called out the Benjamin Netanyahu government for orchestrating an impending famine in the Palestinians enclave. Israel's military campaign against Hamas fighters has devastated the Gaza Strip and plunged its 2.3 million people into a humanitarian catastrophe. The world has accused the Benjamin Netanyahu Government of genocide as Gaza's death toll crossed 30,000 in the fifth month of inflated war.

A federal judge has ruled that Norfolk Southern alone will be responsible for paying for the cleanup after last year's fiery train derailment in eastern Ohio

By Trevor Hunnicutt, Jarrett Renshaw and Nandita Bose

Cairo on Thursday, but will continue with Gaza ceasefire talks until an agreement is reached with Israel, the Palestinian group said in a statement, with a Hamas official blaming Israel for the lack of progress. «Hamas's delegation left Cairo this morning for consultation with the leadership of the movement, with negotiations and efforts continuing to stop the aggression, return the displaced and bring in relief aid to our people,» the Hamas statement said.

Biden will announce a plan in his State of the Union address Thursday for the U.S. military to help establish a temporary port on the Gaza coast, increasing the flow of humanitarian aid for the beleaguered territory during the Israel-Hamas war, according to administration officials. The officials, who spoke on the condition of anonymity to preview the announcement, said the operation will not require that American troops be on the ground to build the pier that is intended to allow more shipments of food, medicine and other essential items.