Blockade of the Gaza Strip

London court rejects suspending arms exports to Israel

The London High Court rejected a petition to suspend British arms exports to Israel, the lawyers for the plaintiffs said on Tuesday.

A coalition of legal advocacy groups had asked the High Court in January to expedite a judicial review of the U.K. government's decision to keep selling military parts and arms to Israel.

Israel pounds Gaza as US vetoes UN truce resolution

Israel kept up its deadly bombardment of war-torn Gaza as Washington vetoed a U.N. Security Council resolution that called for a ceasefire in the Palestinian territory.

Global powers trying to navigate a way out of the spiralling crisis have so far come up short, and mediation efforts have so far failed to secure a truce to halt the fighting.

IMF, World Bank warn Gaza war, Red Sea attacks imperil global economy

The IMF and World Bank warned on Monday that the Gaza war and the related attacks on shipping though the Red Sea pose threats to the global economy.

The Israel-Hamas war raging since October has already hit the Middle East and North Africa region's economy, said the International Monetary Fund's managing director Kristalina Georgieva.

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