Palestine Financial News
21.10 / 08:31
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Israel-Hamas war update: Indian embassy assures 'all possible assistance'
Narendra Modi had a phone conversation with Palestinian President Mahmoud Abbas and condoled the death of civilians at the Al Ahli Hospital in Gaza City. PM Modi reiterated India’s “long-standing principled position on the Israel-Palestine issue". Also read: Israel-Hamas War: US issues 'security alert' for citizens in Gaza ahead of Rafah border crossing opening Besides, the Ministry of External Affairs stated that the international community must combat terrorism in all its forms and manifestations.
21.10 / 08:09
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GSFC, GNFC to FACT: How Israel-Hamas war is fueling fertilizer stocks in India — explained
₹167.50 to ₹203 apiece levels after the spread of Israel war, delivering more than 20 per cent return to its shareholders. Fertilisers And Chemicals Travancore or FACT share price has ascended from near ₹510 to ₹710 apiece levels during Israle-Palestine conflict, delivering to the tune of 40 per cent return to its shareholders. Shares of Gujarat Narmada Valley Fertilizers and Chemicals or GNFC share price has shot up from around ₹610 to ₹655 apiece levels.
21.10 / 07:55
21.10 / 07:55
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‘Israel-Hamas war will become more devastating if Iran gets directly involved,’ says expert
NDTV reported. "It is quite possible that Hezbollah which is much more militarily capable and supported by Iran could get directly involved in the fighting," he told NDTV. Also Read: Israel-Hamas War LIVE Updates Bremmer said that the ongoing conflict between Israel and Gaza is at risk of further deterioration as additional fronts open up.
21.10 / 06:17
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Thousands in Australia join pro-Palestinian march over Gaza
Protesters worldwide on Friday demanded an end to Israel's bombardment of Gaza after nearly two weeks of intense air and artillery strikes that authorities in the narrow strip say have killed 4,100 people. Israeli Prime Minister Benjamin Netanyahu vowed on Friday to «fight until victory» in Gaza, signalling no pause in his military's bombardment and expected invasion of the enclave over Hamas' Oct.
21.10 / 05:47
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Why Israel's approach to Gaza could backfire
war against the barbaric Hamas, while trying to reach out to moderate Palestinians. Biden, I know, tried really hard to get Israeli leaders to pause in their rage and think three steps ahead — not only about how to get into the Gaza Strip to take down Hamas but also about how to get out — and how to do it with the fewest civilian casualties possible. While the president expressed deep understanding of Israel's moral and strategic dilemma, he pleaded with Israeli military and political leaders to learn from America's rush to war after 9/11, which took our troops deep into the dead ends and dark alleys of unfamiliar cities and towns in Iraq and Afghanistan. However, from everything I have gleaned from senior U.S. officials, Biden failed to get Israel to hold back and think through all the implications of an invasion of Gaza for Israel and the United States. So let me put this in as stark and clear language as I can, because the hour is late: I believe that if Israel rushes headlong into Gaza now to destroy Hamas — and does so without expressing a clear commitment to seek a two-state solution with the Palestinian Authority and end Jewish settlements deep in the West Bank — it will be making a grave mistake that will be devastating for Israeli interests and American interests. It could trigger a global conflagration and explode the entire pro-American alliance structure that the United States has built in the region since Henry Kissinger engineered the end of the Yom Kippur War in 1973.
21.10 / 05:47
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SOLIDARITY
'Sliver of hope' as Hamas releases hostages, but Gaza aid stalled
Israel pounded the densely-populated territory where millions waited for promised aid deliveries on Saturday. The Islamist group took more than 200 people hostage when it stormed into Israel from the Gaza Strip on October 7, and killed at least 1,400 people, mostly civilians who were shot, mutilated or burnt to death on the first day of the raid, according to Israeli officials. The fate of the hostages has been shrouded in uncertainty, so the release of mother and daughter Judith and Natalie Raanan offered a rare «sliver of hope», said Mirjana Spoljaric, president of the International Committee of the Red Cross. US President Joe Biden said he was «overjoyed» by the release, which comes days after he visited Israel to express solidarity with the wounded country and press for humanitarian aid into Gaza. Trucks carrying relief are still stuck on the Egyptian side of the Rafah border crossing into Gaza, though Biden said they could cross in the «next 24 to 48 hours.» Israel has vowed to destroy Hamas, and says around 1,500 of the group's fighters were killed in clashes before its army regained control of the area under attack on October 7. Biden said Friday he believes the attack was motivated partly by Saudi Arabia's plan to recognise Israel. Israel's military campaign has levelled entire city blocks in Gaza, killing 4,137 Palestinians, mostly civilians, according to the Hamas-run health ministry. Israeli troops are massed on the border with Gaza ahead of an expected ground invasion that officials have pledged will begin «soon». But a full-blown land offensive carries many risks, including to the hostages from Israel and around the world held by Hamas.
21.10 / 04:31
Progressive
CBS
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2020
Hamas attack aimed to disrupt Saudi-Israel normalization -Biden
WASHINGTON (Reuters) -Palestinian Islamist group Hamas' Oct. 7 attack on Israel that killed about 1,400 people aimed to disrupt a potential normalization of ties between Israel and Saudi Arabia sought by Riyadh, U.S. President Joe Biden said on Friday.
21.10 / 04:31
21.10 / 03:35
Reuters
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Day 15 Israel-Hamas War: 2 American hostages released from grip of Hamas after ‘secret talk’. Top 10 updates
Also Read: Israel-Hamas War LIVE Updates 3. US President Joe Biden has sought more than $105 billion from Congress as part of a package aimed at delivering security assistance to address the ongoing conflicts in Ukraine and Israel, CNN reported. Biden said, “The request will help mitigate the global humanitarian impacts of Russia's brutal invasion of Ukraine and of Hamas' horrific attacks on Israel, including by extending humanitarian assistance to civilians in Gaza." 4.
21.10 / 03:35
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'Hamas doesn't speak for Palestinian people,' UK PM Rishi Sunak meets President Abbas
Also Read: Israel-Hamas War LIVE Updates During the talks Sunak stressed the imperative of avoiding a wider regional conflict and preventing any further unnecessary loss of civilian life, his office said. "We've also made good progress on tangible areas like ensuring access for humanitarian aid to those who need it," Sunak told broadcasters in Cairo, as reported by Reuters. “Meeting with President Abbas today I expressed my condolences for the loss of civilian lives in Gaza, including at the Al Ahli hospital.
20.10 / 20:15
regulation
Terrorism
FinCEN
Bitcoin Wallet
FinCEN issues alert regarding crypto transactions connected to Hamas
The United States Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, issued an alert for financial institutions as part of efforts to identify “suspicious activity” related to funding terrorist groups.
20.10 / 19:27
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Gaza war death toll rises to 4,137: Hamas health ministry
Gaza Strip since Israel began bombarding the Palestinian enclave, the Hamas-controlled health ministry said Friday. The ministry said another 13,162 people have been wounded in the Israeli strikes, which have been ongoing since October 7. Among those killed were 16 people who died at the compound of Greek Orthodox church of Saint Porphyrius in Gaza City late on Thursday, the ministry said. Around 500 people had taken refuge at the church, including five members of Caritas staff, along with their families, NGO Cartias Internationalis said in a statement. «We were devastated to learn of the death of our colleague Viola, 26-year-old, who was killed alongside her husband and their infant daughter» in the strike, the NGO said in a statement. It said at least 17 people were killed and others are still under the rubble. Witnesses told AFP the strike appeared to have been aimed at a target close to the place of worship where many Gaza residents had taken refuge as the war raged in the Palestinian enclave. The army said its fighter jets had struck a «command and control centre» belonging to Hamas that was involved in firing rockets towards Israel. «As a result of the strike a wall of a church in the area was damaged. The Hamas health ministry also said that since the conflict erupted, 46 medical personnel had been killed and another 85 wounded in the enclave. Twenty-one health facilities were out of service due to lack of fuel, it added. Palestinians in Gaza are still waiting for humanitarian aid to enter Gaza from Egypt through the Rafah crossing. The war in Gaza began after Hamas carried out a deadly raid on southern Israel on October 7 that left more than 1,400 people, mostly civilians, killed on Israeli soil.
20.10 / 16:05
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Muslims protest around world to demand end to Israel's Gaza campaign
Israel's bombardment of Gaza after nearly two weeks of intense air and artillery strikes that authorities there say have killed 4,100 people. Israel is gearing up for a ground war in the tiny, crowded Palestinian enclave aimed at eradicating Hamas, the militant Islamist group that rampaged into Israeli towns on Oct. 7, killing 1,400 people and seizing hostages.
20.10 / 16:01
Dogecoin
cryptocurrency
coinbase
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Bitcoin
Crypto is a small slice of Hamas’ funding — but it’s deadly
FTX cryptocurrency empire, another reckoning for digital currencies is underway: Governments around the world are intensifying their crackdown on sources of funding for terrorist groups — including crypto — after Hamas’s bloody attack in Israel that claimed more than 1,400 lives and led to retaliatory attacks that have killed thousands. Crypto is a small but deadly slice of overall terrorism funding: Research by analytics firm Elliptic in 2021 estimated that wallets linked to Hamas’ military wing had received more than $7.3 million in crypto, including around $40,000 in Dogecoin, the dog-themed memecoin favored by Elon Musk. These sums aren’t much compared with the $100 million that Iran sends annually to Hamas and other Palestinian terror groups or with Qatar’s $360 million in aid for Gaza, or the approximately $300 million Hamas gets via business taxation and extortion estimated by the Washington Institute’s Matthew Levitt.
20.10 / 13:27
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reports
Saudi Arabia, UAE leaders meet as Israel-Hamas war threatens to spill over
crown prince and president of the United Arab Emirates met on Friday, state media reported, as the two Gulf states worked to overcome their differences amid a conflict between Israel and Hamas that threatens to engulf the Middle East. Saudi state news agency SPA showed footage of Crown Prince Mohammed bin Salman, the kingdom's de facto ruler, receiving UAE President Mohammed bin Zayed Al Nahyan at Riyadh's airport. Public meetings between the crown prince and Sheikh Mohammed have been rare in recent years as the close allies competed for investment and regional influence.
20.10 / 12:15
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US Treasury proposes crypto mixer-crackdown to end anonymous transactions
Crypto mixers are software tools that allow the owner of the digital currency to mask their identity. The move attempts to block usage of digital currency by organisations deemed to be ‘terrorist groups’ by the US government.
20.10 / 12:05
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Israel reveals three phases to its war with Hamas
Israel’s defense minister said Friday that after the country destroys the Hamas militant group, the military does not plan to control “life in the Gaza Strip” Defense Minister Yoav Gallant’s comments to lawmakers were the first time an Israeli leader discussed its long-term plans for Gaza. Gallant said Israel expected there to be three phases to its war with Hamas. He said it first would attack the group in Gaza with airstrikes and ground maneuvers, then it would defeat pockets of resistance and finally it would cease its “responsibility for life in the Gaza Strip.” Israel bombarded the Gaza Strip early Friday, hitting areas where Palestinians had been told to seek safety, and it began evacuating a sizable Israeli town near the border with Lebanon, the latest sign of a potential ground invasion of Gaza that could trigger regional turmoil. Palestinians in Gaza reported heavy airstrikes in Khan Youni, a town in the territory's south, and ambulances carrying men, women and children streamed into the local Nasser Hospital.
20.10 / 10:45
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CSB Bank Q2 Results: Profit jumps 10% YoY to Rs 133 crore
CSB Bank on Friday reported a 10% rise in net profit at Rs 133 crore for the September quarter against Rs 121 crore in the year ago period. The bank recorded its net interest margin for the quarter 76 basis points lower at at 4.84% because of rise in cost of funds. «I think NIM has bottomed out and will be around 5% for the next few quarters. Cost of fund should sustain at current level,» managing director Pralay Mondal told ET. The bank's average cost of deposits stood at 5.22% for the quarter. «We are now taking strides in strengthening the building blocks that will help us in becoming a truly full service franchise.
20.10 / 09:37
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Stock market today: World shares slip as higher US 10-year Treasury yield pressures Wall Street
World shares have retreated as the prospect of a 5% yield on the 10-year U.S. Treasury for the first time since 2007 added to pressure on Wall Street
20.10 / 09:03
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"Will target Hamas like human animals during and after the war": Israeli Minister Avi Dichter
Hamas organisation have behaved like 'animals' and emphasised that his country will target Hamas like 'human animals' during and after the war. «You don't need justification to fight against an organization like Hamas that have behaved like animals hunting other animals. It's not going to be to be stopped and we are not going to take it as something that was done, and that's it.
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