Economy

RAMALLAH: The Palestinian Authority on Monday said Israel’s decision to halt the electricity supply to Gaza was “an escalation in the genocide” in the war-ravaged territory. The Palestinian foreign ministry said in a statement that it “strongly condemns the Israeli Ministry of Energy's decision to cut electricity to the Gaza Strip, considering it an escalation in the genocide, displacement and humanitarian disaster in Gaza”, which is controlled by Hamas and not the Ramallah-based Palestinian Authority.

Lebanese and Syrian armies communicating to ease the brewing border tensions after three Syrian soldiers killed.

The DRC appears to be angling for the US to deploy boots on the ground, in a bid to contain armed conflict.

British chancellor to meet regulators on Monday to announce the 'action plan' for cutting red tape.

British chancellor to meet regulators on Monday to announce the 'action plan' for cutting red tape.

Benchmark S&P 500 falls 1.39 percent, dragging index more than 10 percent below its February peak.