RealNews

NY court unblocks Palestinian bank authority funds

A New York court has ordered $30 million in Palestine Monetary Authority funds unfrozen and allowed it to resume operations in the United States after a court fight stemming from a 1996 Hamas attack. At a press conference in the West Bank city of Ramallah, the Authority said on Saturday an April 2 ruling by the Supreme Court of the State of New York cleared the way for it to carry out functions as the Palestinian central bank. Full Story

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