Israel Hamas war LIVE UPDATES: Israel vows retaliation has ‘only started’ as Hamas threatens hostages

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Israel Hamas war LIVE UPDATES: Israel vows retaliation has ‘only started’ as Hamas threatens hostages
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Israeli Prime Minister Benjamin Netanyahu says “what we will do to the enemy will echo down through generations”; Hamas threatens to execute Israeli hostages. Follow updates here.

The World Bank on Monday urged a “rapid de-escalation” of the fighting in Israel and Gaza as the violence cast a pall over the start of the bank’s annual meetings with the International Monetary Fund in Morocco. An internal World Bank memo cited a “devastating loss of life, destruction and heavy toll on civilians being incurred on both sides,” but voiced support for the lender’s work in Gaza and the West Bank. “We hope for a rapid de-escalation of the conflict and end to the violence.

The World Bank and our development partners have long worked to support the poorest, most vulnerable people in the West Bank and Gaza, and we remain committed to building the foundations for a more stable and sustainable future.” The October 9-15 annual meetings in Marrakech are expected to focus heavily on increasing resources for the IMF and the World Bank, both potentially contentious moves.

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