Eastern Herald
Elections 2026Economy / Eastern Herald
Two of Israel's largest commercial banks are severing Palestinian correspondent-banking ties this autumn, with Discount Bank exiting September 1 and Hapoalim following in October. Palestinian monetary authorities warn formal financial channels will collapse with no activated fallback in place.
The UN rights office warned Sudan's civil war has produced a self-sustaining war economy giving both warring factions incentives to keep fighting. A new OHCHR report found Sudan's gum arabic trade, once 70 percent of global supply, has been looted by the Rapid Support Forces.
The US economy added just 57,000 jobs in June, roughly half of analyst predictions, as leisure and hospitality shed 61,000 positions and prior months were revised down by a combined 74,000, a figure that challenges the White House narrative of post-conflict labor market recovery.

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