A light aircraft crash into Beijing's tallest building on Friday killed the pilot and injured 13 people who were not on board, the local government said following the unusual accident for the Chinese capital, where airspace is heavily restricted. Those injured are receiving medical treatment and authorities are investigating the incident, Chaoyang district government said in a statement on Saturday. "A single-engine, two-seat light sport aircraft collided with a high-rise building while flying near the East third ring road in Chaoyang, at 5:55pm (0955 GMT) on June 26," said the statement, which was posted on social media. "There was only one person on board, the pilot, who died," the statement added, without giving any further details of the possible cause of the crash. Damage to the facade of the skyscraper appeared to be limited to a hole caused by the loss of two large glass panels. The gap had been temporarily boarded up as ...
Israel’s finance minister has extended a waiver that allows cooperation between its banking system and Palestinian banks in the occupied West Bank, the minister’s spokesman said today. The waiver, which was due to expire at the end of June, allows Israeli banks to process shekel payments for services and salaries tied to the Palestinian Authority. Without it, the Palestinian economy would have taken a hit. Finance minister Bezalel Smotrich extended the waiver during a recent cabinet meeting, his spokesman said. US treasury secretary Janet Yellen has said it was important to keep open the Israeli-Palestinian correspondent banking relationships to allow battered economies in the West Bank and the Gaza Strip to function and help ensure security. The Palestinian economy relies heavily on this relationship to process transactions made in Israeli shekels. Some 53 billion shekels were exchanged at Palestinian banks in 2023, official data show.
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