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Palestinian economy severely impacted by Israel-Hamas war: World Bank
Palestinian economy severely impacted by Israel-Hamas war: World Bank
Economy
by  AFP

The Israel-Hamas war in Gaza is having a severe impact on the Palestinian economy, according to the World Bank, which now estimates sharp economic contraction this year and next. Beyond the immediate human cost, the Israel-Hamas conflict has also "severely impacted the Palestinian economy," the World Bank announced in a statement published Tuesday.

Australian, American charged with running crypto Ponzi scheme
Australian, American charged with running crypto Ponzi scheme
Technology
by  AFP

An Australian man and a US national have been charged in California with operating a cryptocurrency Ponzi scheme, the Justice Department said Tuesday. Saffron and Mazzotta are charged with conspiracy to commit wire fraud, wire fraud, conspiracy to obstruct justice, conspiracy to commit money laundering, and money laundering and potentially face decades in prison. cl/caw