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Israel extended for one year a waiver allowing Israeli banks to work with Palestinian ones just days before it was due to expire
Asian markets mostly fell Monday, though they pared their initial big losses. London was lower in the morning session. Frankfurt and Paris rose. US futures rose
The Dow Jones Industrial Average ended down 1.4 percent at 38,596.98, a drop of about 825 points from its session peak.
Israel is looking for additional revenue sources to fund its ongoing war on Gaza as its military campaign deals a blow to its economy.
![Israeli far-right lawmakers Bezalel Smotrich (R) and Itamar Ben-Gvir (L) take part in the ultranationalist Flag March outside Damascus Gate in Occupied East Jerusalem [Getty]](/sites/default/files/styles/large_16_9/public/2023-03/GettyImages-1233468549.jpg?h=167871c3&itok=fmzjmmP0)
Israel has withheld funds due to the Palestinian Authority needed to pay civil servants and public sector bills.
The Turkish president has asked Elon Musk to build a Tesla factory in Turkey.
Israel's extremist finance minister Bezalel Smotrich has dismissed concerns that the planned judicial overhaul will damage the country's economic growth.
![COP27 leaders from across the Middle East met in Sharm al-Sheikh [Getty]](/sites/default/files/styles/large_16_9/public/2022-11/GettyImages-1244584220.jpg?h=199d8c1f&itok=Dief7_dZ)
Lebanon and Iraq have agreed to cooperate with Israel on climate change issues at COP27 despite there being no diplomatic relations and a continuing state of hostility.
Israel will reportedly put in place financial guarantees for Israeli airlines that continue to fly into Russia, in breach of international sanctions.
![Naftali Bennett said there would be "serious repercussions" for Ben & Jerry's [AFP]](/sites/default/files/styles/large_16_9/public/2021-07/GettyImages-1233827901.jpg?h=01331ada&itok=by9Ok8ek)
Israel's government agreed on a state budget for the first time in three years after a political crisis that saw four general elections