GO
Loading...

Enter multiple symbols separated by commas

Egypt expects 72-hour Gaza truce: Sources

A Palestinian girl reacts at the scene of an explosion, July 28, 2014.
Finbarr O'Reilly | Reuters
A Palestinian girl reacts at the scene of an explosion, July 28, 2014.

Egypt has strong indications from Israel and the Palestinian factions that they will accept a 72-hour cease-fire in Gaza starting on Tuesday, two Egyptian diplomatic sources said.

"Egypt has received very strong indicators on the acceptance by all parties of a 72-hour cease-fire starting at 5 a.m. GMT,'' one Egyptian source said.

"More delegations are due to arrive to Cairo soon to engage in the Egyptian initiative, which is mainly aimed at an immediate halt to the bloodshed through a comprehensive truce agreement.''

—By Reuters

World Economy

World Markets

  • European equities closed lower on Friday as investors looked ahead to Sunday, when a referendum that could affect Greece's future in the euro zone will take place.

  • oil fracking North Dakota

    Oil prices dropped as a rising U.S. rig count stoked fears of oversupply and after Chinese regulators opened an investigation into suspected stock market manipulation.

  • Gold was steady above a 3-1/2 month low, as sluggish US jobs data tempered expectations for a September rate hike by the Fed and hurt the dollar.

Europe: Economy

  • Greek Parliament

    Anastasia Kastaniotou, a struggling mother of three, stood near the Greek Parliament building on Wednesday and threw up her hands as she contemplated an €11.5 billion austerity package that her country’s government was trying to tie up this week to keep Greece in the euro, the New York Times reports.

Asia Economy