Palestine Financial News

Joe Biden on Friday said that the majority of ‘overwhelming’ Palestinians are not Hamas and further alleged that they're also suffering as a result of Hamas' terrorism. In a post on X, Biden wrote, “I won't mince words.

Red Sea have delayed cargo and sent shipping costs higher, but soft demand and ample ship availability are muting the impact on inflation, analysts from Moody's Investor Service said on Thursday. Ships carrying everything from furniture and apparel to food and fuel are being diverted away from the nearby Suez Canal trade shortcut to the longer and more expensive route around Africa. Rerouting takes vessels and crew out of danger from drone and missile strikes by Iran-aligned Houthis supporting Palestinians as the Israel-Hamas war rages.

After the Biden administration applied sanctions on four Israeli settlers for acting violently toward Palestinians and activists in the West Bank, online fundraisers sprang to their aid

Gaza overnight, half of them women and children, health officials said Thursday. European foreign ministers and U.N. agencies called for a cease-fire, with alarm rising over the worsening humanitarian crisis and potential starvation in the territory. Tensions were also rising in the Israeli-occupied West Bank, where three Palestinian gunmen on Thursday opened fire on morning traffic at a highway checkpoint, killing one person and wounding five others, Israeli police said.

World Food Programme has stopped deliveries into Northern Gaza citing Israeli gunfire and a ‘collapse of civil order’. This in turn has triggered a severe food and hunger crisis in Gaza. Visuals have emerged of the deplorable condition in Gaza, wherein Palestinians have resorted to scraping spilled flour off open roads and putting them in pockets to be consumed later.

As India’s Lok Sabha polls approach, political parties have reportedly contacted digital content creators and podcasters to help get their messages across. Of course, major parties have IT cells on the job, too, but too random an outreach would enlarge the risk of losing integrity control.

Gold prices edged up on Thursday supported by safe-haven demand amid rising geopolitical tensions in the Middle East and a softer dollar, while minutes of the latest U.S. Federal Reserve meeting dampened hopes for an early interest rate cut. FUNDAMENTALS

Spain's prime minister has visited Morocco as the two nations reckon with a spike in migration to the Canary Islands and a Europe-wide debate and protests about agricultural regulations and imports

ceasefire in Gaza amid the Israel-Hamas conflict, Reuters reported. The resolution, put forward by Algeria, sought an immediate humanitarian ceasefire, while the US has pressed for a temporary ceasefire tied to the release of hostages held by Hamas.

Israel-Hamas conflict in Gaza. He emphasised the immense human suffering endured in the enclave, stressing the urgent need for peace to prevent further loss of life, according to a report by Reuters. In an unexpected move for a member of the royal family, Prince William highlighted the critical importance of delivering aid to Gaza's population and demanded the release of hostages held by Hamas.

BEIJING (Reuters) — Oil prices regained some ground in early Asian trade on Wednesday, as investors weighed concerns over output cuts by key producers and attacks on shipping in the Red Sea against dimmed expectations of U.S. rate cuts.

Qatari Foreign Ministry said that Hamas has started delivering medication for the approximately 100 hostages held in Gaza, a month after the medications arrived in Gaza. Foreign Ministry spokesperson Dr. Majed Al-Ansari said on Tuesday evening that Hamas confirmed they had begun to deliver the medications to the hostages in exchange for medicines and humanitarian aid for Palestinians in the Gaza Strip. France and Qatar mediated a deal in January for the shipment of medicine for dozens of hostages held by Hamas arrived in Gaza. The deal was the first agreement between Israel and the militant group since a weeklong cease-fire in November, but there was no evidence that the medications had arrived.

Israel hit Gaza with air strikes on Tuesday as world powers grappled with how to broker a ceasefire ahead of a UN Security Council vote that was expected to be blocked by a US veto. A total of 103 Palestinians were killed in the past 24 hours of Israeli strikes and ground combat in the besieged Hamas-ruled territory, its health ministry said.

By Paul Carsten

Elon Musk has chipped into the online discourse on the United States government's financial package to Ukraine, with recent his posts on self-owned social media site X suggesting that he supports calls for a ceasefire in the Russia-Ukraine war and the allocation of funds towards American infrastructure projects instead. Replying to multiple user opinions on venture capital founder David Sacks' thread on the subject on X, Musk said a peace deal should have been "done a year ago", adding that Russia looks poised to win the war with Ukraine. Also Read | Russia-North Korea ties: Vladimir Putin gifts ‘luxury car’ to Kim Jong Un Responding to an X user who wrote: "It is time for a ceasefire and peace talks between Ukraine and Russia.

Palestinian foreign minister Riyad Al-Maliki told the International Court of Justice (ICJ) on Monday that Palestinians are suffering “colonialism and apartheid" under Israelism and urged judges to order an “immediate and unconditional end to Israel's occupation". “The Palestinians have endured colonialism and apartheid... There are those who are enraged by these words.

Oil prices were little changed in early Asian trading on Tuesday, hovering close to three-week highs on heightened Middle East tensions and recovering China demand. Brent futures ticked down 8 cents to $83.48 a barrel by 0133 GMT. U.S. West Texas Intermediate (WTI) crude for April delivery inched down 10 cents to $78.36 a barrel. The March WTI contract rose 26 cents to $79.45 a barrel as traders prepared for that contract to expire during the day.

Israel-Hamas war: Benny Gantz, a minister of Israel's war cabinet has warned Hamas that they must return all the hostages by March 10 or Israeli forces will launch a ground invasion in Rafah. The warning came as the 1.5 million Palestinians in Gaza are seeking refugee in Rafah, a small city close to the Egypt border. The international agencies have raised concerns that any attack on Rafah will lead to a “massacre." The death toll in Israeli strikes on Gaza has crossed 28,000 and the peace proposals moved by Egypt, Qatar, and the United States are not creating much movement on the ground.

A small sewing workshop making cloth diapers with cotton padding in Gaza's crowded city of Rafah is helping desperate parents with babies afford a basic necessity

Norway says it will transfer tax funds to the Palestinian Authority that have been frozen for months because of a dispute with Israel

Israel will launch its long-threatened offensive against Rafah next month if Hamas has not freed the remaining hostages held in Gaza by the start of Ramadan, Israeli war cabinet member Benny Gantz said. «The world must know, and Hamas leaders must know — if by Ramadan our hostages are not home, the fighting will continue everywhere, including the Rafah area,» Gantz, a retired military chief of staff, told a conference of American Jewish leaders in Jerusalem Sunday. Ramadan, the Muslim holy month, is expected to begin on March 10.