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Israeli occupier attacks threaten historic Christian presence in West Bank town

In Taybeh, one of the few Palestinian communities with a Christian majority in the occupied West Bank, fears are growing that Israeli occupier attacks on farmland and property could push more families to emigrate, threatening the town’s demographic character and historic Christian presence. Local officials and clergy warned of the impact of rising violence by Israeli occupiers, which has coincided with worsening living and economic conditions in the town. Taybeh, east of Ramallah, is one of the few Palestinian towns in the West Bank that still has a Christian majority, according to church and local accounts. Residents say the town’s Christian roots go back thousands of years. Residents say the attacks have deepened fears in the town, even as they stress their determination to remain on their land. Also Read: Pakistan raises red flag over illegal settlements in West Bank, calls for Israel accountability In recent years, Israeli occupiers have established several ill...
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Oil prices rise despite larger-than-expected drop in US crude stocks

Oil prices extended gains from the previous session on Thursday, buoyed by a bigger-than-expected decline last week in crude stockpiles in the United States, the world's largest oil consumer. Brent futures rose 32 cents, or 0.4%, to $85.40 a barrel by 0340 GMT, while U.S. West Texas Intermediate (WTI) crude gained 48 cents, or 0.6%, to $83.33. Both contracts settled higher on Wednesday. US crude inventories fell by 4.9 million barrels last week, the latest data from the U.S. Energy Information Administration showed. That exceeds a decline of 30,000 barrels forecast by analysts in a Reuters poll and a drop of 4.4 million barrels in a report from the American Petroleum Institute trade group. "Healthy demand signals from the U.S. outweighs concerns from modest Chinese growth last week," said Priyanka Sachdeva, senior market analyst at Phillip Nova. "Hopes of a Fed easing, which can boost economic growth, and current summer travel in the US are ensuring enough traction in oil demand from the world's largest economy," Sachdeva said. The prospects of cuts in interest rates in coming months in the both the US. and Europe helped to support the market. Federal Reserve officials said on Wednesday the U.S. central bank is "closer" to cutting interest rates given inflation's improved trajectory and a labour market in better balance, possibly setting the stage for a reduction in borrowing costs in September. Also, US economic activity expanded at a slight to modest pace from late May through early July with firms expecting slower growth ahead. The European Central Bank, meanwhile, is all but certain to keep interest rates unchanged on Thursday, but signalled that its next move is likely to be a cut. Investors are also awaiting policy news from a key leadership gathering in China that is to end on Thursday. The dollar eased on Thursday for a third straight session. A weaker dollar can boost demand for oil by making greenback-denominated commodities like oil cheaper for holders of other currencies.

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