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  • UNITED NATIONS, Sept 16- The United Nations, Israel and the Palestinian Authority have reached a deal to allow reconstruction work to begin in the war-torn Gaza Strip with U.N. monitoring of the use of materials, U.N.

  • Gazans rush to enjoy life after ruinous war Tuesday, 16 Sep 2014 | 8:54 AM ET

    GAZA CITY, Gaza Strip— After a ruinous war, Gaza is rushing back to a veneer of normalcy at astonishing speed. Almost none express any optimism for change in the misery in the tiny, densely populated Mediterranean coastal strip, which is suffocating under seven years of blockade by Israel and Egypt and is under the iron rule of the Hamas militant group.

  • JERUSALEM, Sept 16- Israel's economy grew at an annualised rate of 1.5 percent in the second quarter, slower than previously thought and its weakest level since early 2009, the Central Bureau of Statistics said on Tuesday.

  • World Bank: Palestinian economy to shrink in 2014 Tuesday, 16 Sep 2014 | 4:29 AM ET

    RAMALLAH, West Bank— The Palestinian economy is expected to contract for the first time in seven years in 2014, the result of the recent Gaza war, continued Israeli and Egyptian restrictions on Palestinian trade and a drop in foreign aid, the World Bank said Tuesday.

  • ICL's parent company, conglomerate Israel Corp, set a nominal fundraising target of about $522.4 million through an initial public offering of 62 million ordinary shares, ICL said in a filing to the U.S. Securities and Exchange Commission.

  • Sept 12- Israel Chemicals Ltd, a Tel Aviv- based maker of fertilizer and specialty chemicals, filed with U.S. regulators to list on the New York Stock Exchange. ICL, which has exclusive permits to extract potash and bromine from the Dead Sea, is a subsidiary of Israel Corp and the second largest company on the Tel Aviv Stock Exchange by market value.

  • Sept 12- Israel Chemicals Ltd, a Tel Aviv- based maker of fertiliser and speciality chemicals, filed with U.S. regulators to list on the New York Stock Exchange. Morgan Stanley and Barclays are the lead underwriters for the IPO, the company said. ICL is a subsidiary of Israel Corp and the second largest company on the Tel Aviv Stock Exchange by market value.

  • *Cash-strapped Gaza under Israel- Egypt blockade. *Political infighting may impede Gaza recovery. GAZA/ NAHAL OZ, Israel, Sept 12- Fifty days of war in one of the most densely populated parts of the world have left swathes of Gaza in ruins.

  • Palestinian salaries dispute puts Gaza peace at risk Wednesday, 10 Sep 2014 | 9:23 AM ET

    GAZA/ JERUSALEM, Sept 10- Tensions between Fatah and Hamas, the two main Palestinian parties, are close to breaking point over the non-payment of salaries to Gaza's public sector workers, raising the risk of a return to conflict in the territory, officials say.

  • ISTANBUL, Sept 9- Turkey is unlikely to sign any energy deals with Israel for the construction of a gas pipeline to Turkey because of a deepening political rift over Israel's Gaza offensive, Turkish Energy Minister Taner Yildiz said on Tuesday.

  • The FTC, which says AndroGel users paid hundreds of millions of dollars more than necessary because of the companies' actions, asked the U.S. District Court for the Eastern District of Pennsylvania to order AbbVie to refund users that money.

  • *Defence Ministry seeks $3.1 billion for 2015. JERUSALEM, Sept 4- Days after Israel reached a ceasefire after 50 days of war against Hamas in Gaza, the finance ministry and the central bank are at odds over how to cover hefty defence costs in next year's budget.

  • JERUSALEM, Sept 2- Israel's longer-term credit rating depends on its defence costs and the frequency of military conflicts, but a bigger budget deficit expected for 2015 is unlikely to prompt a downgrade, Standard& Poor's said. The agency is due to issue an update on Israel's rating on Sept. 19, which coincides with the start of discussions on the 2015 budget.

  • *Palladium rises above $900 on supply worries. NEW YORK/ LONDON, Aug 29- Palladium rose to a 13-1/ 2- year high on Friday on worries over uncertain supplies from Russia, the world's largest producer of the metal, while gold prices eased on a dollar rise and gains in U.S. equities.

  • *Palladium rises above $900 on supply worries. NEW YORK/ LONDON, Aug 29- Palladium rose to a fresh 13-1/ 2- year high on Friday on worries over uncertain supplies from Russia, the world's largest producer of the metal, while gold prices eased on a dollar rise and gains in U.S. equities.

  • JERUSALEM, Aug 27- The Bank of Israel warned the government on Wednesday that the budget deficit would reach at least 3.5 percent of gross domestic product in 2015 if taxes aren't raised and state spending is not reduced.

  • FOREX-Euro falls widely on ECB easing speculation Wednesday, 27 Aug 2014 | 8:45 AM ET

    *Euro hits lowest since January 2013 against Swiss franc. LONDON, Aug 27- The euro fell broadly on Wednesday, hitting a 19- month low against the Swiss franc, as speculation that the European Central Bank will resort to quantitative easing was fuelled by yet more bad news from the euro zone.

  • Once 'Best in the West', Israel's economy shows cracks Tuesday, 26 Aug 2014 | 9:57 AM ET

    *War with Hamas weighing on consumers, industry, tourism. *Bank of Israel has cut interest rates twice; at record low. The war against Hamas in Gaza, which ran into a 50th day on Tuesday, has taken a heavy toll, hitting tourism, slowing consumer spending as people stay indoors and denting manufacturing, especially in plants close to Gaza.

  • Founded in Gaza in 1987, Hamas now stretches across region. JERUSALEM/ GAZA, Aug 25- Founded by just seven people in Gaza, Hamas now has political and military leaders spread across the Arab world, complicating its ability to send a unified message for negotiating an end to a seven-week war with Israel.

  • Bank of Israel cuts rates to record low on Gaza Monday, 25 Aug 2014 | 1:36 PM ET
    Karnit Flug, governor of the Bank of Israel

    Fears that weeks of fighting will further hurt the Israeli economy led the Bank of Israel to reduce interest rates for a second month in a row.