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Banking

Israel rebuffs calls for ceasefire; Lebanon strike angers Hezbollah

LATEST DEVELOPMENTS:Hezbollah says response will be 'firm and strong' after strike kills 3 children in LebanonBlinken says Palestinian Authority should have central role in future of GazaPalestinian telecommunications company Paltel says communications, internet service cut again across GazaGAZA/RAMALLAH, Nov 5 (Reuters) - Israel on Sunday rebuffed growing international pressure for a ceasefire and said its forces had encircled Gaza City as the top U.S. diplomat scrambled to contain a crisis that threatened to cause further escalation in neighbouring Lebanon.Gaza was under "unprecedented bombardment" from Israel on Sunday, Palestinian news agency...
Cryptocurrency

US sanctions seek to disrupt Hamas’ revenue, US Treasury says

A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023.  REUTERS/Kevin Lamarque/File Photo Acquire Licensing RightsWASHINGTON/LONDON, Oct 18 (Reuters) - The United States issued sanctions on Wednesday aimed at disrupting funding for the Hamas militant group after its deadly attack in Israel, singling out people involved in its investment portfolio and a Gaza-based cryptocurrency exchange among other targets.The sanctions, announced as President Joe Biden visited Israel in a show of support, targeted nine individuals and one entity in...
Funds

EU mulls how to make enlarged bloc work, to offer cash, market access to candidates

European flags fly outside the European Commission headquarters in Brussels, Belgium September 20, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsEU looks at easier decision-making, budget changes to enlargeEU to offer candidates gradual market access, cash for reformsEU leaders to discuss enlargement on Oct 5-6 in GranadaBRUSSELS, Sept 28 (Reuters) - European Union governments discussed on Thursday how to revamp EU decision-making and finances to be ready for new members as the Commission said it would propose cash and EU market access for candidates to speed up their membership preparations.The talks...
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