Europe News
EU to review Palestine aid to avoid 'indirect' financing of terrorism
The European Commission confirmed on Monday evening it was launching an urgent review of its financial assistance for Palestine to ensure "no EU funding indirectly enables any terrorist organisation to carry out attacks against Israel."
Markets
Bank of Israel attempts to rein in shekel following Hamas assault
The Bank of Israel has announced that it is intervening on the foreign exchange market to mitigate the volatility of the Israeli currency, the shekel, which fell sharply after the surprise weekend offensive by the Palestinian Islamist movement Hamas.