World Bank: Urgent action needed to avoid PA fiscal crisis
The World Bank called on donors to act “urgently” to prevent a “deepening fiscal crisis” in the Palestinian territories.
The World Bank called on donors to act “urgently” to prevent a “deepening fiscal crisis” in the Palestinian territories.
A Japanese bank has halted transactions by the Iranian government in response to a U.S. court ordering a $2.6 billion asset freeze over the 1983 bombing of the U.S. Marines barracks in Beirut.
A call by Germany\’s top Jewish leader for the European Iranian Bank of Commerce in Hamburg to be shut down was echoed by the German government. Shortly after Dieter Graumann, head of the Central Council of Jews in Germany, made his statement to the Handelsblatt online newspaper, the government of Angela Merkel announced that no further payments from India for Iranian crude oil may go through the German banking system.