Gaza’s Health Ministry says Israeli fire has hit a crowd of people waiting for humanitarian aid at a roundabout in Gaza City on Thursday, killing at least 20.
Health Ministry spokesperson Ashraf al-Qidra says another 150 people were wounded in the attack and that the death toll is likely to rise as dozens of seriously wounded people were brought to the city’s Shifa Hospital.
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Turkey's central bank raised its key interest rate by another 2.5 percentage points on Thursday, pressing ahead with a series of hikes aimed at combating inflation that reached nearly 65% in December.
The bank brought its benchmark rate to 45%. It's the eighth interest rate hike since President Recep Tayyip Erdogan has abandoned his unconventional economic policies that economists say helped trigger a currency crisis and drove up the cost of living. Many households were left struggling to afford basic goods.
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The European Central Bank left its key interest rate untouched at a record-high 4% on Thursday, keeping credit expensive for businesses and consumers as it tries to make sure inflation is firmly under control before cutting borrowing costs — a move expected later this year.
The question is, how much later this year. Financial markets are expecting a rate cut as early as April, while ECB President Christine Lagarde has indicated it likely would happen this summer.
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U.S. economic growth was stronger than expected in the final months of 2023, government data showed Thursday, capping a resilient year as President Joe Biden's reelection campaign picks up pace.
The world's biggest economy expanded 3.3 percent in the fourth quarter, boosted by a resilient jobs market and consumer spending, bringing full-year growth to 2.5 percent, said the Commerce Department.
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A liquor store has opened in Saudi Arabia for the first time in over 70 years, a diplomat reported, a further socially liberalizing step in the once-ultraconservative kingdom that is home to the holiest sites in Islam.
While restricted to non-Muslim diplomats, the store in Riyadh comes as Saudi Arabia's assertive Crown Prince Mohammed bin Salman aims to make the kingdom a tourism and business destination as part of ambitious plans to slowly wean its economy away from crude oil.
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As the Paris spring couture shows entered their third day, Jennifer Lopez ensured that the power of runway designs was matched by the power of a VIP audience. The singer and actress energized the Palais de Tokyo, arriving at the last minute for Elie Saab's show amid pandemonium. She and other fashion insiders witnessed a silken display of the Lebanese designer's work evoking the complexity of North African medinas.
Haute couture — the Paris fashion industry's ideas factory — is the age-old tradition of producing exorbitantly priced, made-to-measure garments for the world's richest women.
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Efforts to reach a new cease-fire between Israel and Hamas appear to be gaining steam.
Egyptian and U.S. officials confirmed this week that they are actively pursuing ways to halt a war that has raged for over 110 days. An Egyptian official said that Israel has presented a proposal for a pause in fighting, while the White House said it dispatched a senior envoy to the region for consultations with Egypt and Qatar.
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The United Nations' top court will issue a decision Friday on South Africa's request for interim orders in a genocide case against Israel, including that Israel halt its offensive in Gaza.
The decision is a preliminary stage of a case filed by South Africa at the International Court of Justice alleging that Israel's military action in its war with Hamas in Gaza amounts to genocide. Israel strongly rejects the accusation and has asked the court to throw out the case.
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One of the five children who were hospitalized in Cyprus after being rescued from a rickety boat along with 55 other Syrian migrants has died, an official said Thursday.
The migrants, who were rescued early Wednesday by Cyprus police, apparently ran out of food and water after sailing on the boat from Lebanon for six days, officials said.
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The fatal shooting of an American-Palestinian teen driving a pickup truck in the occupied West Bank was unprovoked, the sole passenger told The Associated Press, describing apparent Israeli fire hitting the back of the vehicle before it overturned several times on a dirt road.
At least 10 bullets struck the truck, which was seen by The Associated Press after Israeli investigators examined it. Most hit the back windshield and truck bed, supporting 16-year-old Mohammed Salameh's account of the incident that killed his friend, Tawfic Abdel Jabbar, 17, a Louisiana native.
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