Two Palestinians killed by Israeli gunfire during raid in Nablus


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Israeli forces killed two Palestinian men during a raid in the West Bank city of Nablus in the early hours of Sunday. Four others were wounded, the Palestinian Health Ministry said.

The Palestinian Red Crescent identified the men as Aboud Sobh, 29, and Mohammad Al Azizi, 22. The Fatah Al Aqsa Martyrs Brigades militant group claimed both those killed were members.

Israeli police said security forces came under fire during an arrest raid and "responded with live fire and other means until neutralising the terrorists inside the house and on its roof".

The Israeli military said four people were arrested.

A neighbour, Naser Estitya, 60, said he heard gunshots from inside the house before Israeli forces fired heavily at the building. "They were calling the name of one person, asking him to surrender," he told Reuters.

Photos from the scene showed part of the wall at the top floor was destroyed.

Palestinian Authority official Hussein Al Sheikh condemned the attack.

"Another crime committed by the occupation forces in the old city of #Nablus, where martyrs have fallen and many wounded," he wrote on Twitter.

"There was also destruction of homes and burning of property. We strongly condemn this crime, and we hold the occupation responsibility for its repercussions," said Mr Al Sheikh, who is also and secretary general of the Palestinian Liberation Organisation's executive committee.

Israeli forces have been carrying out near-daily raids in the West Bank in recent months, after men from the occupied Palestinian territory carried out a series of deadly attacks in Israel.

The military has faced armed resistance in some of the raids, which in several instances have turned deadly.

The western-backed Palestinian Authority regularly condemns such incursions.

Generational responses to the pandemic

Devesh Mamtani from Century Financial believes the cash-hoarding tendency of each generation is influenced by what stage of the employment cycle they are in. He offers the following insights:

Baby boomers (those born before 1964): Owing to market uncertainty and the need to survive amid competition, many in this generation are looking for options to hoard more cash and increase their overall savings/investments towards risk-free assets.

Generation X (born between 1965 and 1980): Gen X is currently in its prime working years. With their personal and family finances taking a hit, Generation X is looking at multiple options, including taking out short-term loan facilities with competitive interest rates instead of dipping into their savings account.

Millennials (born between 1981 and 1996): This market situation is giving them a valuable lesson about investing early. Many millennials who had previously not saved or invested are looking to start doing so now.

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Updated: July 24, 2022, 8:17 AM`