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Biden to Send More Bombs to Israel Amid Netanyahu’s Rafah Invasion Threat

While pushing its tired narrative about Biden “losing patience," the White House remains dedicated to Israel’s war on Gaza.

The post With Netanyahu Threatening Rafah Invasion, Biden Prepares to Send Israel More Bombs appeared first on The Intercept.

Israel Prepares to Invade Rafah: Terror and Panic Ensue

Palestinians in Rafah’s rapidly growing makeshift camps talk about all they have lost and endured throughout four months of Israel’s war on Gaza.

The post “Where Can We Go?”: Terror and Panic Set In as Israel Readies to Invade Rafah appeared first on The Intercept.

IDF Kills Handcuffed Prisoner After Hospital Evacuation | TOME

The young man, bound by zip-tie cuffs, delivered his Israeli captors’ message but was shot as he tried to walk out of the hospital gate.

The post IDF Sent in Handcuffed Prisoner to Evacuate Hospital, Then Killed Him When He Left appeared first on The Intercept.

“World Bank Offers Repayment Pause to Nations in Crisis”

PARIS: The head of the World Bank said Thursday that the lender planned to introduce a “pause” mechanism for debtor countries in the event of them being hit by a crisis. Ajay Banga told a summit on financing the fight against climate change that the multilateral lender would adopt a new approach that “significantly expands the World Bank’s toolkit.” The most important measure would be offering “a pause on debt repayments so countries can focus on what matters when a crisis hits and stop worrying about the bill that is going come,” he added.

Macron finalizes $100bn climate finance accord with leaders in France

PARIS: Wealthy nations finalized an overdue climate finance pledge to developing countries worth $100 billion on Friday and created a fund for biodiversity and the protection of forests, France’s president said, according to Reuters. Emmanuel Macron was speaking at a final panel of a summit in Paris where some 40 leaders, including two dozen from Africa, China’s prime minister and Brazil’s president had gathered to give impetus to a new global finance agenda.

FAO predicts global food import bill to reach $1.98tn by 2023

RIYADH: The global food import bill is forecast to reach a record high of $1.98 trillion in 2023, up 1.5 percent from 2022, due to a combination of factors including an increase in international prices and higher volumes, the latest UN report showed.    The Food and Agriculture Organization of the UN in its biannual report stated that the anticipated increase in the 2023 bills will happen due to an additional $18.4 billion stemming from higher international prices and $12.9 billion from higher volumes. 

Oil Prices Set to Rise on Optimistic China Demand

NEW YORK/SINGAPORE: Oil prices were set to snap a two-week losing streak despite trading marginally lower early on Friday, amid optimism about higher energy demand from top crude importer China and a weaker dollar, according to Reuters. Brent futures dipped 17 cents, or 0.2 percent, to $75.50 a barrel by 6:41 a.m. Saudi time, while US West Texas Intermediate crude dropped 16 cents, also 0.2 percent, to $70.46 a barrel. Both benchmarks surged about 3 percent during the prior session.

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