Palestinians: Israel to release tax funds

Israel has agreedto release millions of dollars in suspended tax transfers to the Palestinian Authority (PA), a Palestinian official said on Sunday.

Earlier this month Israel had blocked the routine handover of about 300 million shekels ($88 million) in customs and other levies it collects on behalf of the Palestinians after Western-backed President Mahmoud Abbas struck a unity deal with Hamas, his Islamist rivals. (Reuters)