Palestine Financial News

Shehbaz Sharif on Thursday thanked his Indian counterpart Narendra Modi for felicitations on his re-election to the top political position in the country. Taking to microblogging platform X (formerly known as Twitter) the Pakistan prime minister said," "Thank you @narendramodi for felicitations on my election as the Prime Minister of Pakistan." Earlier on Tuesday, Prime Minister Modi congratulated Shehbaz on taking oath as the 24th prime minister of Pakistan. "Congratulations to @CMShehbaz on being sworn in as the Prime Minister of Pakistan," Modi posted on X.

The head of the National Transportation Safety Board told Congress Wednesday that the decision to blow open five tank cars and burn the toxic chemical inside them three days after a Norfolk Southern train derailed in Eastern Ohio last year wasn't justi...

Hamas says negotiations over a Gaza cease-fire and the release of more Israeli hostages will resume next week, after a delegation of the Palestinian militant group left Cairo

Houthis vow response after airstrikes by US, UK: 'These attacks will not…' Huthi military spokesman Yahya Saree said on social media that the True Confidence was targeted with multiple missiles "after the ship's crew rejected warning messages" from the Huthis. - Months of attacks - The British embassy in Sanaa had earlier said the toll was at least two dead, describing the loss of life as "the sad but inevitable consequence of the Huthis recklessly firing missiles at international shipping." British Foreign Secretary David Cameron meanwhile promised that "we will continue to stand up for freedom of navigation and back our words with actions." US, UK launch second round of strikes on Huthis in Yemen The United States and Britain have since January launched repeated strikes on Huthi targets in Yemen in response to the ship attacks, but the rebels have continued to target merchant vessels.

South Africa has gone back to the United Nations’ top court seeking additional emergency orders for Israel to let more humanitarian aid into the Gaza Strip

The Middle East franchisee of Starbucks has begun firing some 2,000 staff at its coffee shops across the region after the brand found itself targeted by activists during the ongoing Israel-Hamas war in the Gaza Strip

Israel and Hamas war has entered its fifth month. Skirmishes that inflated into a genocidal war Israel unleashed upon Gaza in retaliation has now killed over 30,000 Palestinians.

Palestinian officials say an Israeli airstrike has killed at least 17 people in the southern Gaza city of Khan Younis

India is “positively” considering specific requests from the troubled UN agency for Palestine Refugees for assistance in kind, even as Delhi expressed “serious concern” over recent allegations that some of its employees may have been involved in the October 7 Hamas terrorist attack on Israel.

Israel on Tuesday advised Indians working in Israeli border areas to relocate to safe zones within the country. The advisory comes a day after an anti-tank missile attack near Israel's border with Lebanon killed one foreign worker and seriously wounded two Indians. «In view of the prevailing security situation and local safety advisories, all Indians nationals in Israel, especially those working in or visiting border areas in the north and south, are advised to relocate to safe areas within Israel,» said the embassy in a post on X. «The Embassy remains in touch with the Israeli authorities to ensure the safety of all our nationals,» it added.

Shehbaz Sharif after taking oath as Pakistan's new PM for a second time, nearly four weeks after an uncertain national election caused delays in the formation of a coalition government. In a post on X (formerly Twitter), PM Modi wrote, “Congratulations to @CMShehbaz on being sworn in as the Prime Minister of Pakistan." Shehbaz Sharif on Monday officially took up office at a swearing-in ceremony at the presidential office in the nation's capital, Islamabad, a day after parliament elected him prime minister despite protests from lawmakers aligned with jailed former premier Imran Khan.

India is committed to support a two-state solution where the Palestinian people are able to live freely in an independent country, with due regard to the security needs of Israel, India's Permanent Representative to the United Nations Ruchira Kamboj has said. Delivering an address at the United Nations General Assembly Meeting on the Use of Veto on Monday, Kamboj said that India's position on the conflict has been clear and has been stated on several occasions. «Only a Two-State solution, achieved through direct and meaningful negotiations between both sides on final status issues, will deliver an enduring peace. India is committed to support a Two-State solution where the Palestinian people are able to live freely in an independent country within secure borders, with due regard to the security needs of Israel,» Kamboj said.

The latest rail layoffs this week, combined with an investment fund's ongoing campaign for control of Norfolk Southern, are renewing concerns among unions and regulators about all the cuts hurting safety and service

The European Union says it will pay $54 million to the main provider of aid in Gaza next week

Investing.com-- Oil prices rose slightly in Asian trade on Monday as the OPEC+ maintained its current pace of production cuts until the second quarter, although calls from top U.S. officials for an immediate Israel-Hamas ceasefire dulled crude’s momentum.

ALSO READ: Shehbaz Sharif to take oath as 24th prime minister of debt-trapped Pakistan tomorrow Mentioning his the controversial topic of Kashmir in his victory speech, he said, as quoted by Hindustan Times, "Let's all come together...and the National Assembly should pass a resolution for the freedom of Kashmiris and Palestinians." In the same speech, he claimed that the expenditure of the National Assembly is being met from borrowed money. "All of these (expenses for running the House) are being met via loans over the last few years.

By Nidal al-Mughrabi and Bassam Masoud

stampede but local health officials said casualties brought into hospitals had been hit by large calibre ammunition. Pressure has mounted on Israel over the deaths of dozens of Palestinians during a confused incident in the Gaza Strip on Thursday in which crowds surrounded a convoy of aid trucks and soldiers opened fire, with several countries backing a U.N. call for an inquiry.

Benjamin Netanyahu, according to an Israeli official, in a sign of widening cracks in Israel's wartime government nearly five months into its war with Hamas. The trip by Benny Gantz, a centrist political rival who joined Netanyahu’s hard-line government in the early days of the war following Hamas' Oct. 7 attack on southern Israel, comes amid deep disagreements between Netanyahu and President Joe Biden over how to alleviate the suffering of Palestinians in Gaza and create a post-war vision for the enclave.

National Assembly after being unanimously picked as the next prime minister of the ruling coalition of the PML(N), PPP and other small outfits, Shehbaz Sharif on Sunday called out the 'global silence' on the prevailing situiation in Gaza while seeking a bipartisan resolution in the House advocating 'freedom' for Kashmiris and Palestinians, Dawn reported. «Let's all come together...and the National Assembly should pass a resolution for the freedom of Kashmiris and Palestinians,» PM-designate Shehbaz said in a 'victory speech' at the Assembly.

JERUSALEM (Reuters) — The Israeli military said on Sunday it intensified operations in the southern Gaza city of Khan Younis, destroying dozens of Hamas targets in a blitz of air and artillery strikes.