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☆ IMF may need to augment Egypt program amid Gaza war impacts, Georgieva says
▼ + stars: | 2023-11-18 | by ( ) www.reuters.com time to read: +1 min

Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, addresses the media on the fourth day of the annual meeting of the IMF and the World Bank, following September's deadly earthquake, in Marrakech, Morocco, October 12, 2023. REUTERS/Susana Vera/File Photo Acquire Licensing RightsSAN FRANCISCO, Nov 17 (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva told Reuters on Friday the Fund was "seriously considering" a possible augmentation of Egypt's $3 billion loan program due to economic difficulties posed by the Israel-Hamas war. Georgieva told Reuters in an interview on the sidelines of the Asia Pacific Economic Cooperation Summit that the conflict is "devastating" Gaza's population and economy and has "severe impacts" on the West Bank's economy and is also posing difficulties for neighboring countries Egypt, Lebanon and Jordan through the loss of tourism and higher energy costs. Reporting by David Lawder Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

Persons: Kristalina, Susana Vera, Kristalina Georgieva, Georgieva, David Lawder, Chris Reese Organizations: International Monetary Fund, IMF, World Bank, REUTERS, FRANCISCO, Monetary Fund, Reuters, Asia Pacific Economic Cooperation, Thomson Locations: Marrakech, Morocco, Israel, Egypt, Lebanon, Jordan

☆ Exclusive: IMF chief says Biden-Xi engagement an important signal for world to cooperate
▼ + stars: | 2023-11-18 | by ( David Lawder | ) www.reuters.com time to read: +4 min

The Biden-Xi meeting is "important at a time when geo-economic fragmentation has indeed deepened with negative consequences for the prospects for accelerating growth," Georgieva said. U.S.-China engagement also will be an important factor on negotiations over World Trade Organization reform, including restoration of its dispute settlement system. "We are already seeing the impact of antisemitism and Islamophobia, raising their ugly heads all over the world. IMF SHAREHOLDING REFORMSU.S. Treasury Secretary Janet Yellen said during meetings last week with her Chinese counterpart that a key outcome of U.S.-China economic engagement was Beijing's support for a 50% increase in IMF quota-based resources, without an immediate rise in shareholding for China. Georgieva said it was important for the IMF to start quickly on revamping its shareholding formula to boost the representation of fast-growing developing economies: "The world needs an IMF that is financially strong, and that is also legitimate."

Persons: Joe Biden, Kristalina, Dina Boluarte, Loren Elliott, Kristalina Georgieva, Xi Jinping, Georgieva, Biden, Xi, Janet Yellen, David Lawder, Chris Reese, Tom Hogue Organizations: International Monetary Fund, Economic Cooperation, REUTERS, FRANCISCO, Monetary Fund, Reuters, Biden, U.S ., APEC, U.S, World Trade Organization, United, Hamas, IMF, Treasury, Thomson Locations: Asia, San Francisco , California, U.S, China, United Arab Emirates, GAZA, Gaza, Egypt, Lebanon, Jordan, Israel

Israeli troops on Wednesday entered Gaza's largest hospital, searching for traces of Hamas inside and beneath the facility. Officials from Israel and Gaza presented different accounts of what was happening at Al Shifa Hospital. Hamas and Gaza health officials deny militants operate in Al Shifa — a hospital that employs some 1,500 people and has more than 500 beds, according to the Palestinian news agency. Throughout days of fighting in the surrounding streets, there has been no report of militants firing from inside Al Shifa. The AP could not independently verify the Israeli claims that the weapons were found inside the hospital.

Persons: Joe Biden, —, KHAN YOUNIS, Al Shifa —, Israel tightens, Munir al, Boursh, Al Shifa, Jonathan Conricus, Jordan, Biden, Xi Jinping Organizations: Wednesday, Al Shifa Hospital, Service, Al Shifa, Hamas, Palestinian Health Ministry, Gaza's Health Ministry, Associated Press, Troops, UN, West, West Bank's Palestinian Authority, UN Security, Pacific Economic Cooperative, Health Ministry Locations: Gaza's, Israel, Gaza, Gaza City, Al Shifa, Hamas, Al, Ramallah, Tel Aviv, Jerusalem, West Bank's, Asia, California, United States

☆ Israel missile strikes West Bank's Jenin, two killed -medics
▼ + stars: | 2023-10-21 | by ( ) www.reuters.com time to read: +1 min

RAMALLAH, West Bank, Oct 22 (Reuters) - Israeli aircraft struck the Jenin refugee camp in the occupied West Bank early on Sunday, killing two Palestinians and wounding several others, Palestinian medics said. There was no immediate comment from the Israeli military on the air strike, which is at least the second to hit the West Bank in recent days. Violence in the West Bank has flared since Hamas gunmen carried out a deadly rampage in Israel on Oct. 7, drawing retaliatory bombardment on the besieged Gaza Strip. At least 84 Palestinians in the West Bank have been killed in clashes with Israeli forces, Palestinian officials say. The Palestinian Red Crescent ambulance service said the strike hit an area near al-Ansar Mosque in Jenin refugee camp, a Palestinian militant stronghold in the territory.

Persons: Ali Sawafta, Rami Ayyub, Daniel Wallis Organizations: West Bank, Palestinian, Crescent, Thomson Locations: RAMALLAH, West, Jenin, Israel, Gaza, al, Palestinian, Tulkarm

☆ Exclusive: U.S. quietly inspects Israeli crossings for its Palestinian dual-nationals
▼ + stars: | 2023-08-01 | by ( Dan Williams | ) www.reuters.com time to read: +5 min

Since the trial period began, Palestinian Americans already say there is a difference. The allies have sought to limit publicity around the trial period, which comes amid unusually intense strains between their leaderships over wider Palestinian policies and other issues. One official told Reuters the trial period has been "going smoothly," without significant hold-ups for Palestinian American travellers. The Arab American Institute Foundation puts the number of Americans of Palestinian descent at between 122,500 and 220,000. An Israeli official gave lower figures, saying that out of 70,000 to 90,000 Palestinian Americans worldwide, about 15,000 to 20,000 were West Bank residents.

Persons: Abdul Jalil Juda, Ben Gurion, Benjamin Netanyahu, Nidal al, Nuha Sharaf, Dan Williams, Peter Graff Organizations: Ben Gurion, West Bank, U.S, Visa, Reuters, Embassy, Israel's National Security Council, Israeli, Palestinian, ., City University of New, of Homeland Security, State Department, Arab American Institute Foundation, West Bank ., Thomson Locations: Israel, JERUSALEM, Palestinian, Israeli, West, Washington, United States, Ben, Jordan, Jerusalem, U.S, American, City University of New York, The U.S, Gaza

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