Palestine Financial News

Cairo as soon as Sunday and search for a formula acceptable to Israel and Hamas for a lasting ceasefire in Gaza, sources with knowledge of the talks said, after foreign governments resorted to airdrops to aid desperate civilians in the Palestinian enclave. Israeli and Hamas delegations were expected to arrive in Cairo on Sunday, two Egyptian security sources said, although another source briefed on the talks said Israel would not send a delegation until it got a full list of hostages who are still alive.

By Nidal al-Mughrabi

Israel has broadly accepted a deal for a six-week Gaza ceasefire and it is now up to Hamas to agree to release the most vulnerable hostages for the deal to take effect, a senior US official said Saturday. «There's a framework deal. The Israelis have more or less accepted it,» the Biden administration official told reporters on a call, speaking on condition of anonymity.

By Ahmed Mohamed Hassan and Nidal al-Mughrabi

ADEN, Yemen (Reuters) -The UK-owned Rubymar, attacked by Houthi militants last month, has sunk in the Red Sea, Yemen's internationally recognised government said on Saturday, warning of a «environmental catastrophe» from the ship's cargo of fertilizer.

By Idrees Ali and Phil Stewart

Gaza, where nearly 2m Palestinians have been forced out of their homes. Even larger numbers have been displaced in Congo, Sudan, Syria and Ukraine. Most people feel compassion when they see fellow humans fleeing from bombs, bullets or machetes.

By Simon Lewis, Humeyra Pamuk and Jonathan Landay

By Phil Stewart, Idrees Ali and Nandita Bose

Palestinians injured in a Gaza aid delivery disaster said on Friday that Israeli forces shot them as they rushed to get food for their families, describing a scene of terror and chaos. Health authorities in Hamas-run Gaza said 115 people were killed in the incident on Thursday, attributing the deaths to Israeli fire and calling it a massacre.

President Joe Biden on Friday said his government would start to deliver relief supplies from the air into the troubled area. The news comes a day after over 100 Palestinians died at an aid convoy. "We need to do more, and the United States will do more," Biden said and further added “In the coming days we're going to join with our friends in Jordan and others in providing air drops of additional food and supplies.".

political turmoil, numerous voices have advocated for boycotting products, services, brands and even nations as a mark of protest. Take the BDS — boycott, divestment, sanctions — movement, which wants to pressure Israel to change its policies towards Palestinians through various forms of economic and political actions. It first gained international attention in the early 2000s. It has targeted global business entities such as Nestle, Burger King, Disney, Siemens, HP, Puma, Carrefour and others for supporting Israel, covertly or overtly. Many governments have also taken this route. Last year, Turkish parliament withdrew Coca-Cola and Nestle products from restaurants in parliament for supporting Israel. India has done things more subtly. It used BJP's social media arm to mobilise people to boycott Chinese products after border skirmishes, and to boycott the Maldives as a tourist destination after a minister made uncharitable remarks about India.

Aid groups are appealing to the European Union to release tens of millions of euros in funding due to the main U.N. agency that helps most people in Gaza

Colombia’s President Gustavo Petro says his government is suspending purchases of weapons from Israel after Palestinians say Israeli troops fired at people seeking food in Gaza

The tech narrative in the last two years has been dominated by artificial intelligence (AI) and the excitement and disruption generated by it. However, the narrative started to sour a little in the latter half of 2023, as ethical issues got thrown up—like copyright, bias, privacy and deepfakes. Now, with elections looming across most of the democratic world, 2024 promises to be the year when AI will experience its first major ethical test—whether it helps democracy or subverts it.

Hezbollah and the Israeli army have been trading fire since the Palestinian group Hamas stormed southern Israel from the Gaza Strip on Oct. 7, in a steadily intensifying conflict that has fuelled concern of wider escalation. "The war in the south is linked to the aggression on Gaza on the one hand, and to securing means of protection for our country on the other," senior Hezbollah politician Hassan Fadlallah said.

Red Sea operations, the Iran-aligned group's leader Abdul Malik al-Houthi said in a televised speech on Thursday. Houthi militants have repeatedly fired on international commercial ships since mid-November in solidarity with Palestinians over the Israel-Hamas war in Gaza.

Oil prices slipped in early Asian trade on Wednesday as the prospect of a delayed U.S. rate cutting cycle offset the boost provided by talk of extensions to production cuts from OPEC+. Brent crude futures fell 38 cents, or 0.45%, to $83.27 a barrel by 0110 GMT, while U.S. West Texas Intermediate crude futures (WTI) were down 35 cents, or 0.44%, to $78.52 a barrel.

By Nandita Bose and Tim Reid

By Arathy Somasekhar and Andrew Hayley

Israel-Hamas conflict by “next Monday," as reported by CNN. He further said that we are close to it but it's not done yet. "Well, I hope by the beginning of the weekend, I mean, the end of the weekend," Biden said after being asked when a ceasefire might start.