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Human tragedy there likely will be significant economic disruption and it is the policy makers ability to respond complicated by this world were living in with high inflation. In the past with conflict between israel and gaza are the central bank is often lowered Interest Rates but they havent been able to do that at they havent been able to do that at the moment because inflation is high so they have instead been focused on supporting their currency. Not beyond that there are broader global obligations i think the real concern is that the conflict missing now could escalate into stack to incl...

The Early Morning assault began with a barrage of rocket fire from gaza just after dawn with explosions heard on the streets of ashkelon. Sderot, which is near gaza, is thought to have been infiltrated by militants. Heres the latest on what we know at this hour. Israels public broadcaster is reporting that after 18 hours, hostages being held in a dining room in kibbutz be� eri have been released. Israel has also confirmed that the commander of the nahal brigade, coloneljonathan steinberg, was killed in fighting on saturday. Meanwhile, Major Airlines have cancelled dozens of flights to tel av...

Lets show you live pictures from gaza now. The israeli army has asked residents of several different areas across the gaza strip to leave their homes. Move to the city centres or take refuge in shelters in preparation for Launching Attacks against hamas targets. Witnesses told the bbc that dozens of families had started leaving their homes and were sheltering in un schools. This comes as israeli troops are still going house to house to clear communities after the saturday assault. We are hearing there is still fighting ongoing in Southern Israel at this hour. Lets get some reaction now from wa...

Israeli army has asked residents of seven different areas across the gaza strip to leave their homes and move to the city centres or take refuge in shelters in preparation for Launching Attacks against hamas targets. Witnesses told the bbc dozens of families have started leaving their homes and they were sheltering in unschools. Un were sheltering in unschools. Un schools. This all comes as israeli Prime Minister Benjamin Netanyahu declared on saturday that israel is, quote, at war, and is promising revenge. This comes after a surprise and unprecedented attack by Palestinian Militants on israe...

Is what that area of southern israel looked like today. Just look at all that smoke coming from burning buildings. If we zoom in you can see the heat spots that weve enhanced so you can see them. Now, all these cross border infiltrations by Palestinian Militants taken together with the thousands of rockets fired at israel represent a massive Intelligence Failure from israel. It should have seen this coming because they had regular military patrols going along that border. This is footage taken some years earlier. But they had cameras, sensors, informants inside the militant groups. And yet ham...