Palestine Financial News

Investing.com — Oil ended one of its most volatile weeks for the year with a 3% loss as traders raced from one headline to another on the Middle East conflict that brought warring parties Israel and Hamas no closer to a solution despite intense mediation by the United States and other global powers.

European Union leaders believe it's time to lay the foundations for a future relationship between Israel and the Palestinians where the militant group Hamas does not control Gaza

The removal of contaminated soil from the site of February's fiery Norfolk Southern derailment in eastern Ohio is expected to be completed sometime this weekend although the larger cleanup will continue

Norfolk Southern has installed the first of what will be more than a dozen of a new generation of automated inspection portals on its tracks in Ohio — not far from where one of its trains derailed in February and spilled hazardous chemicals that caught...

Hamas to get aid into Gaza, after hours of negotiations at a summit of the bloc in Brussels. The European Union has struggled for both unity and influence in the face of the crisis that has engulfed the Middle East since Hamas launched its bloody attack on Israel on October 7. The surge in bloodshed has divided Europe's attention at a time of rising doubts about the West's ability to keep supporting Ukraine in its fight against Russia. After five hours of talks, the leaders called for «continued, rapid, safe and unhindered humanitarian access and aid to reach those in need through all necessary measures including humanitarian corridors and pauses for humanitarian needs». They said the EU «will work closely with partners in the region to protect civilians, provide assistance and facilitate access to food, water, medical care, fuel and shelter». European Commission President Ursula von der Leyen insisted early on Friday there was «no contradiction between showing solidarity to Israel and, of course, acting on the need of humanitarian aid for the people of Gaza» after the leaders' talks ended. The 27-nation bloc has long been split between more pro-Palestinian members such as Ireland and Spain, and staunch backers of Israel including Germany and Austria. There has been strong condemnation of the Hamas attack, which Israel says killed at least 1,400 people and resulted in more than 220 people being taken hostage. But there was less consensus on urging any halt to Israel's retaliatory bombardment of Gaza, which the Hamas-run health ministry says has killed more than 7,000 people. The EU's call fell short of the demands from the United Nations for a «ceasefire», despite a last-ditch push from Spain to toughen the

Associated Press as saying that mobile phone service and internet in Gaza Strip has been cut off by Israeli bombardment. NetBlocks, a non-profit organisation that monitors internet censorship, also confirmed in a post on X that there is a "collapse in connectivity" in Gaza. It also reported a decline in connectivity amid heavy Israeli bombardment of the enclave.

United Nations warned Friday that «many more will die» as a result of Israel's ongoing siege of Gaza, which has also caused sewage to flow into the Palestinian territory's streets. Israel laid a total siege on Gaza following the October 7 attacks by Hamas, cutting off food, fuel, water and power supplies to the enclave. "People in Gaza are dying; they are not only dying from bombs and strikes: soon many more will die from the consequences of (the) siege imposed on the Gaza Strip," said Philippe Lazzarini, commissioner general for the UN agency for Palestinian refugees (UNRWA). «Basic services are crumbling, medicine is running out, food and water are running out, the streets of Gaza have started overflowing with sewage.» Alongside the siege, Israel has bombarded Gaza with air and artillery strikes since October 7. The health ministry in the Hamas-run Gaza Strip says the strikes have killed more than 7,300 people, mainly civilians and many of them children. The strikes are in response to attacks by Hamas gunmen, who poured into Israel and killed around 1,400 people, mostly civilians, and kidnapped 229 more, according to Israeli officials. During a press conference in Jerusalem, Lazzarini — who said 57 UNRWA staff had been killed in Gaza during the war — called for more aid to be allowed into the territory immediately. «The current system in place is geared to fail. What is needed is meaningful and uninterrupted aid flow.

general elections. It further noted that India offers the strongest emerging market (EM) nominal GDP compounding (demographic trends, infrastructure investment needs) and has competitive risk-adjusted returns to developed market (DM) equities. A deeper domestic bond market should support lower risk premia, it added.

UN warned Friday that «many more will die» in Gaza from catastrophic shortages after nearly three weeks of bombardment by Israel in response to Hamas staging the deadliest attack in its history. As the conflict raged into its 21st day, the Israeli army said its soldiers backed by fighter jets and drones mounted a land incursion into the Gaza Strip, as it prepares for a ground offensive. Concern is growing about regional fallout from the conflict, with the United States warning Iran against escalation while striking facilities in Syria it says were used by Iran's Islamic Revolutionary Guard Corps and others. Israel has heavily bombarded Gaza since Hamas gunmen stormed across the border on October 7, killing 1,400 people, mostly civilians, kidnapping more than 220 others, according to Israeli officials. The health ministry in the Hamas-run Gaza Strip says the strikes have killed more than 7,000 people, mainly civilians and many of them children, leading to growing calls for protection of innocents caught up in the conflict. «People in Gaza are dying, they are not only dying from bombs and strikes, soon many more will die from the consequences of (the) siege imposed on the Gaza Strip,» Philippe Lazzarini, head of the UN agency for Palestinian refugees (UNRWA), told reporters in Jerusalem. Israel has cut supplies of food, water and power to Gaza, notably blocking all deliveries of fuel saying it would be exploited by Hamas to manufacture weapons and explosives. «Basic services are crumbling, medicine is running out, food and water are running out, the streets of Gaza have started overflowing with sewage,» he said of the devastated territory where around 45 percent of all housing has been damaged or destroyed,

By Mike Stone

Also Read: Israel releases 'never-before-seen' video of IDF soldiers killing Hamas militants and saving hostages | Watch 5. A rocket launched in the Israel-Hamas conflict struck an Egyptian town on the border with Israel on Thursday, resulting in five people sustaining injuries, as reported AFP citing local media. 6.

Iran's Foreign Minster Hossein Amirabdollahian warned at the United Nations on Thursday that if Israel's retaliation against Palestinian militants Hamas in the Gaza Strip doesn't end then the United States will «not be spared from this fire.» «I say frankly to the American statesmen, who are now managing the genocide in Palestine, that we do not welcome (an)expansion of the war in the region. But if the genocide in Gaza continues, they will not be spared from this fire,» he told a meeting of the 193-member General Assembly on the Middle East. Also Read: Biden warns Iran against targeting US troops in Middle East Israel has vowed to wipe out Hamas, which rules Gaza, in retaliation for an Oct.

KUALA LUMPUR (Reuters) -Malaysia's communications minister warned on Thursday he could take firm action if social media firms TikTok and Meta are blocking pro-Palestinian content on their platforms.

By Andrew Gray and Tassilo Hummel

Hamas's armed wing said Thursday that «almost 50» Israeli hostages held in the Gaza Strip since the October 7 attacks have been killed in Israeli bombing raids on the Palestinian territory. "(Ezzedine) Al-Qassam Brigades estimates that the number of Zionist prisoners who were killed in the Gaza Strip as a result of Zionist strikes and massacres has reached almost 50," the group said in a statement issued on its Telegram channel. Israel launched a massive air and artillery bombardment of Gaza after Hamas carried out the brutal attacks on southern Israel. Earlier, the Israeli army said 224 people were abducted by militants during the attack that left 1,400 people, mostly civilians, dead. «We have informed the families of 224 hostages.

Antonio Guterres Wednesday rejected Israel’s accusations that, in a statement to the Security Council, he had justified attacks by the Palestinian militant group Hamas on Israel, ANI reported "I am shocked by misrepresentations by some of my statement yesterday in the Security Council -- as if I was justifying acts of terror by Hamas" The Times of Israel reported quoting the US chief. Guterres on Tuesday, without naming Israel, had denounced "the clear violations of international humanitarian law" in Gaza and pleaded for civilians to be protected in the conflict between Israel and Hamas.

Recent reports suggesting that crypto has played a significant role in terrorism funding have been debunked by blockchain forensics firm Elliptic.

As Israel’s bombing campaign in Gaza continues, one man has been at the centre of attention – Israel's prime minister Benjamin Netanyahu, also known as Bibi. Netanyahu has arguably been the central figure in Israel’s politics since the 1990s. His political longevity and his highly divisive time in office have made him one of Israel’s most consequential leaders.

Israel-Hamas war LIVE Updates Israel is continuously bombarding Gaza after Hamas militants launched a surprise attack on Israel on October 7. Calling the attack Israel's own “9/11" Prime Minister Benjamin Netanyahu vowed to destroy Hamas in Palestine. Also Read: Israel-Hamas war: Gold price extends rally despite rise in US Treasurey yield and US dollar rate While sharing the video on social media X, IDF said that its combat soldiers neutralized the Hamas militants by first killing the driver of the vehicle who then lost control of the vehicle.

Tiktok and Meta for allegedly blocking pro-Palestinian content on their platforms, its communications minister said on Thursday. «If this issue is ignored, I will not hesitate to take a very firm approach and stance,» Fahmi Fadzil said in a posting on X, formerly known as Twitter.

India-Middle East-Europe Economic Corridor. Israel-Hamas LIVE The first-of-its-kind economic corridor will be a historic initiative on cooperation on connectivity and infrastructure involving India, UAE, Saudi Arabia, EU, France, Italy, Germany, and the US. The White House had earlier said that the rail deal would link shipping and rail lines from India to Europe through the UAE, Saudi Arabia, Jordan and Israel.