Israeli Banks Refusing Shekel Cash Deposits from West Bank, Palestinian Officials Say 

A woman walks near a market in Jerusalem's Old City, August 16, 2024. (Reuters)
A woman walks near a market in Jerusalem's Old City, August 16, 2024. (Reuters)
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Israeli Banks Refusing Shekel Cash Deposits from West Bank, Palestinian Officials Say 

A woman walks near a market in Jerusalem's Old City, August 16, 2024. (Reuters)
A woman walks near a market in Jerusalem's Old City, August 16, 2024. (Reuters)

Israeli banks are refusing shekel cash transfers from Palestinian banks in the occupied West Bank in a move that could soon prevent Palestinians from accessing vital goods and services, Palestinian officials said.

The office of Israel's finance minister Bezalel Smotrich, who in June extended a waiver that allows the country's banks to cooperate with Palestinian banks in the West Bank, had no immediate comment.

"In the next few days, banks in Palestine will be unable to finance trade operations between Palestinian and Israeli merchants, as their ability to make financial transfers is directly connected to shipping the accumulated shekel banknotes to their Israeli counterparts," the Palestinian Monetary Authority said.

It added this will prevent Palestinians from accessing vital goods and services as they will be unable to pay for them through official banking channels.

Violence in the West Bank has escalated since war broke out last October between Israel and the Palestinian militant group Hamas in Gaza. The territory is at the same time hurtling towards a financial crisis.

Smotrich heads a pro-settler party in Prime Minister Benjamin Netanyahu's ruling coalition.



Blinken Leaves Middle East with Gaza Truce Still Out of Reach 

US Secretary of State Antony Blinken speaks to the press, in Doha, Qatar, August 20, 2024. (Reuters)
US Secretary of State Antony Blinken speaks to the press, in Doha, Qatar, August 20, 2024. (Reuters)
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Blinken Leaves Middle East with Gaza Truce Still Out of Reach 

US Secretary of State Antony Blinken speaks to the press, in Doha, Qatar, August 20, 2024. (Reuters)
US Secretary of State Antony Blinken speaks to the press, in Doha, Qatar, August 20, 2024. (Reuters)

Top US diplomat Antony Blinken headed home on Wednesday after failing to secure a Gaza ceasefire, warning both Israel and Hamas his plan may be the last chance to avert a broader war.

The US secretary of state appealed to Hamas to urgently accept a US-backed truce proposal, while also entering into a public spat with Israel over its future presence in the Gaza Strip.

"Time is of the essence," Blinken said after stops in key Arab mediators Qatar and Egypt as well as Israel on his ninth tour of the region aiming to halt the more than 10-month war.

"With every passing day, more bad things can happen to more good people who don't deserve it," he said before flying out of Doha.

"This needs to get done, and it needs to get done in the days ahead, and we will do everything possible to get it across the finish line," he said of the truce proposal.

The United States has presented ideas to bridge gaps and, through Qatar and Egypt, pressed Hamas to return to talks this week in Cairo.

But a day after Blinken said US ally Israel was on board, Prime Minister Benjamin Netanyahu was quoted by Israeli media as disagreeing on a key sticking point.

Netanyahu insisted Israel maintain control of the Philadelphi Corridor, the border between Gaza and Egypt that Israeli forces seized from Hamas, whom Israel says relies on secret tunnels to bring in weapons.

- Sticking point -

Blinken said Israel had already agreed on the "schedule and location" of troop withdrawals from Gaza.

Since the conflict began, it was made "very clear that the United States does not accept any long-term occupation of Gaza by Israel", Blinken said when asked about Netanyahu's remarks.

A senior US official, speaking on condition of anonymity to discuss sensitive diplomacy, called Netanyahu's "maximalist statements" unhelpful for reaching a truce.

Blinken acknowledged differences and called for "maximum flexibility" from both Israel and Hamas.

Egypt, the first Arab nation to make peace with Israel, has been infuriated by the border takeover.

Egyptian President Abdel Fattah al-Sisi, meeting Blinken in El Alamein, told him "the time has come to end the ongoing war," a statement said.

Blinken then travelled to Doha to meet with Emir Sheikh Tamim bin Hamad Al-Thani.

- Ongoing violence -

Hamas on October 7 carried out the deadliest-ever attack on Israel, which has responded with a relentless offensive.

The Palestinian group said it was "keen to reach a ceasefire" but protested "new conditions" from Israel in the latest US proposal.

Air strikes occurred across Gaza overnight, AFP reporters, first responders and witnesses said. At least three people were killed, the civil defense agency said.

The Israeli military said it struck about 30 targets throughout Gaza and that troops "eliminated dozens" of fighters.

Further escalating tensions, an Israeli strike in Lebanon's southern city of Sidon killed a Fatah official, a senior member of the Palestinian group and a security source said.

The killing of Khalil al-Maqdah marked the first such attack reported on Fatah, a rival to Hamas, since the Gaza war broke out, and it could further complicate ceasefire talks.

Lebanon's health ministry said earlier Israeli strikes in the country's east killed one person and wounded 20, hours after four were killed in the south.

Cross-border skirmishes have taken place almost daily between Israel and Lebanon's Hezbollah, but fears of a greater crisis soared when Hamas's political leader, Ismail Haniyeh, was killed on a visit to Tehran on July 31.

Iran has vowed retaliation, blaming Israel for the assassination, but has held off so far, with the United States sending additional forces and warning a wider war could destroy prospects for a Gaza ceasefire.

Elsewhere in the region, a merchant vessel was struck by three projectiles off Yemen after exchanging fire with two boats, British maritime security agency UKMTO said.

There was no immediate claim for the attack, but it comes as Yemen's Iran-backed Houthi militias keep up a campaign against international shipping that it says is in support of Gaza.

- Hostage appeal -

Israel and Hamas have blamed each other for delays in agreeing a deal to end fighting, free Israeli hostages and allow vital humanitarian aid into Gaza.

Netanyahu has faced public protests in Israel urging him to accept a truce, which would bring back hostages whose plight has plagued Israelis.

The Israeli military said Tuesday it had retrieved the bodies of six hostages from tunnels in southern Gaza, some of whom were killed in Israeli military operations.

The October 7 attack resulted in the deaths of 1,199 people in Israel, most of them civilians, according to an AFP tally based on Israeli official figures.

Out of 251 people taken hostage that day, 105 are still being held hostage inside the Gaza Strip, including 34 the military says are dead.

Israel's retaliatory military campaign has killed 40,223 Palestinians in Gaza, according to the Hamas-run territory's health ministry, which does not give details of civilian and fighter deaths.